Connect with us

Columns

Want To Bring More People Into Your Store? Get Out of Your Store!

Published

on

Want To Bring More People Into Your Store? Get Out of Your Store!

I SPOKE with Brennan Scanlon, Referral Institute franchise owner and an executive director of Business Network International (BNI), this week, and he told me that too many jewelry retailers are waiting in their showrooms for their advertising to bring customers in instead of going out and building relationships. And it makes sense: Why not put some elbow grease into growing your customer base?

Karen Hollis of K. Hollis Jewelers in Batavia, IL grew her store into her Chicago suburb’s favorite jewelry store primarily by making it a personal goal to meet three new people a day when she launched the store back in 2002. Ten years later, the store had topped $1 million in sales and was expanding into 4,100 square feet. Hollis says she’s since pushed that number up to five.

Scanlon says it’s more than just walking outside and hoping to meet new people: You have to have a strategy. “Ideally, you should belong to three organizations. One should be a ‘strong contact’ group that only allows one person per profession and meets on a weekly basis for the expressed purpose of passing referrals, such as BNI.  One should be a casual contact organization such as your local Chamber of Commerce. These meetings happen at least monthly and are open to all professions. Lastly, join one social or civic organization.  This could be a non-profit or charitable organization that will allow you to give back to the community and at the same time build some key relationships.”

What are you doing to build your customer base organically?

Advertisement

Advertisement

SPONSORED VIDEO

Closing With Confidence: How Bailey's Fine Jewelry Achieved Outstanding Results With Wilkerson

When Trey Bailey, President and CEO of Bailey's Fine Jewelry, decided to close the Crabtree location in Raleigh, North Carolina after 15 years, he knew the decision needed to be handled with intention and professionalism. The goal was clear: exit the location while maintaining financial strength and honoring the store's legacy. Having worked with Wilkerson successfully in the past, Bailey understood the value of their comprehensive approach. "They understood both the emotional and financial sides of the store closing sale," Trey explains. "Their reputation for professionalism, results and care made it a very easy decision." The results exceeded expectations. Wilkerson helped Bailey's sell through significant inventory while maintaining the dignity of the closing process. "They don't just run a sale, they help close a chapter in the best way possible," Bailey says, strongly recommending Wilkerson to any jeweler facing a similar transition.

Promoted Headlines

Advertisement

Advertisement

Subscribe


BULLETINS

INSTORE helps you become a better jeweler
with the biggest daily news headlines and useful tips.
(Mailed 5x per week.)

Advertisement

Most Popular