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THE FOURTH QUARTER of 2020 was a bright spot for many jewelers, says Jimmy Degroot. Some consumer dollars that normally would have gone toward travel landed instead went to jewelry.

But the pandemic and associated lifestyle changes won’t last forever. Are you prepared for the changes that are coming?

Degroot says it’s time to use that late-2020 momentum to improve your business for the long term. In today’s video, he offers ideas on how to do that.

Watch the video:

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Thinking of Liquidating? Wilkerson’s Got You Covered

Bil Holehan, the manager of Julianna’s Fine Jewelry in Corte Madera, Calif., decided to go on to the next chapter of his life when the store’s owner and namesake told him she was set to retire. Before they left, Holehan says they decided to liquidate some of the store’s aging inventory. They chose Wilkerson for the sale. Why? “Friends had done their sales with Wilkerson and they were very satisfied,” says Holehan. He’d enthusiastically recommend Wilkerson to anyone looking to stage a liquidation or going-out-of-business sale. “There were no surprises,” he says. “They were very professional in their assessment of our store, what we could expect from the sale and they were very detailed in their projections. They were pretty much on the money.”

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