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What You Need to Be Doing in Your Business This June

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Lara Bergseth of Idar Jewellers

Week 1 June 5-10

STAFF If you’re at the Vegas shows, phone your local pizzeria and order a couple of deluxe 14-inchers for your staff back in the store. They think you’re living it up, which may be far from the truth, but let them know you’re thinking about them.

Customer service “I always treat everyone like they have a million dollars to spend,” says Lara Bergseth of Idar Jewellers in Victoria, British Columbia (PICTURED). People really appreciate not being judged. I once had a lady send me a note that said, ‘I only spent $1,500, but you made me feel like I spent $15,000. Thank you!’”

MARKETING Father’s Day (June 18) is two weeks away. Begin posting your specials on your website today, then wait a day and send your Dad’s Day promotional e-mail.

SALES FLOOR You should start to see wives and daughters coming in this week (and maybe those slacker sons next week). Don’t forget to ask the girls if they’d like to see a little something special for themselves as well.

Week 2 June 12-17

MANAGEMENT There’s a good chance you were exposed to some great ideas at a trade event in the past few months. Draw up a plan to implement the best of those suggestions before another year passes and you’re again sitting in a trade session thinking, “I should do that.”

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MARKETING On your return from the Vegas shows, mail or email a trends report to customers based on your show buying. Headline it: “Hottest Trends Straight From the Las Vegas Jewelry and Watch Shows.”

MARKETING Start thinking about a summer event. Tie in the food and wine with the source of the gemstones. Become known in the community for bringing in artists or craftspeople or speakers for public events.

Week 3 June 19-24

TECHNOLOGY Take advantage of the coming slow season to familiarize yourself with any new equipment or software you may have purchased. Become a master, not a slave of your technology.

TRAINING Write down one important skill that you can teach each member of your staff. By the end of next week, make sure that you’ve spent at least some time working with each staffer on that skill.

MARKETING Do a mail-out to remind customers about your backroom services in summer. Check that you have the supplies you need to support such a service, including specialty tissue to protect sterling from tarnishing and gold/platinum from scratching; plastic bags to retard tarnishing from air contact; flannels for outer protection; adhesive-style plastic for immobilization for shipping, and white gloves for staff when they take in items.

Week 4 June 26-July 1

INVENTORY Don’t leave your new goods from Vegas sitting in the vault. Get everything priced  and in your cases within a day of its arrival.

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TELEMARKETING It’s been six months since Christmas. Ask holiday-season customers to bring in their jewelry for a free checkup.

MANAGEMENT Invite 10 customers to form an advisory panel for your store, recommends trainer Kate Peterson. Schedule three meetings a year and ask them to discuss what they like and how they would advise you to improve and grow. “Pay” them with lunch and gift cards — and most important, use what they tell you!


This article originally appeared in the June 2017 edition of INSTORE.

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Retiring? Let Wilkerson Do the Heavy Lifting

Retirement can be a great part of life. As Nanji Singadia puts it, “I want to retire and enjoy my life. I’m 78 now and I just want to take a break.” That said, Nanji decided that the best way to move ahead was to contact the experts at Wilkerson. He chose them because he knew that closing a store is a heavy lift. To maximize sales and move on to the next, best chapter of his life, he called Wilkerson—but not before asking his industry friends for their opinion. He found that Wilkerson was the company most recommended and says their professionalism, experience and the homework they did before the launch all helped to make his going out of business sale a success. “Wilkerson were working on the sale a month it took place,” he says. “They did a great job.”

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Manager's To Do

What You Need to Be Doing in Your Business This June

mm

Published

on

Lara Bergseth of Idar Jewellers

Week 1 June 5-10

STAFF If you’re at the Vegas shows, phone your local pizzeria and order a couple of deluxe 14-inchers for your staff back in the store. They think you’re living it up, which may be far from the truth, but let them know you’re thinking about them.

Customer service “I always treat everyone like they have a million dollars to spend,” says Lara Bergseth of Idar Jewellers in Victoria, British Columbia (PICTURED). People really appreciate not being judged. I once had a lady send me a note that said, ‘I only spent $1,500, but you made me feel like I spent $15,000. Thank you!’”

MARKETING Father’s Day (June 18) is two weeks away. Begin posting your specials on your website today, then wait a day and send your Dad’s Day promotional e-mail.

SALES FLOOR You should start to see wives and daughters coming in this week (and maybe those slacker sons next week). Don’t forget to ask the girls if they’d like to see a little something special for themselves as well.

Advertisement
Week 2 June 12-17

MANAGEMENT There’s a good chance you were exposed to some great ideas at a trade event in the past few months. Draw up a plan to implement the best of those suggestions before another year passes and you’re again sitting in a trade session thinking, “I should do that.”

MARKETING On your return from the Vegas shows, mail or email a trends report to customers based on your show buying. Headline it: “Hottest Trends Straight From the Las Vegas Jewelry and Watch Shows.”

MARKETING Start thinking about a summer event. Tie in the food and wine with the source of the gemstones. Become known in the community for bringing in artists or craftspeople or speakers for public events.

Week 3 June 19-24

TECHNOLOGY Take advantage of the coming slow season to familiarize yourself with any new equipment or software you may have purchased. Become a master, not a slave of your technology.

TRAINING Write down one important skill that you can teach each member of your staff. By the end of next week, make sure that you’ve spent at least some time working with each staffer on that skill.

MARKETING Do a mail-out to remind customers about your backroom services in summer. Check that you have the supplies you need to support such a service, including specialty tissue to protect sterling from tarnishing and gold/platinum from scratching; plastic bags to retard tarnishing from air contact; flannels for outer protection; adhesive-style plastic for immobilization for shipping, and white gloves for staff when they take in items.

Advertisement
Week 4 June 26-July 1

INVENTORY Don’t leave your new goods from Vegas sitting in the vault. Get everything priced  and in your cases within a day of its arrival.

TELEMARKETING It’s been six months since Christmas. Ask holiday-season customers to bring in their jewelry for a free checkup.

MANAGEMENT Invite 10 customers to form an advisory panel for your store, recommends trainer Kate Peterson. Schedule three meetings a year and ask them to discuss what they like and how they would advise you to improve and grow. “Pay” them with lunch and gift cards — and most important, use what they tell you!


This article originally appeared in the June 2017 edition of INSTORE.

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Windsor Jewelers: Building for Tomorrow with Wilkerson

After 43 years in the jewelry industry, Windsor Jewelers' President Rob Simon knows the value of trusted partnerships. When planning a store expansion in Winston-Salem, North Carolina, he turned to Wilkerson to transform existing inventory into construction capital. "There have been very few companies I've dealt with that I totally trust," Simon shares. "Wilkerson understands their success is 100% based on your success." The partnership enabled Windsor to fund new showcases and construction while maintaining their position as their community's premier jeweler. For Simon, the choice was clear: "Over the years, I've been abused in every direction there is by different people in this industry, so I know what to avoid. One company not to avoid is Wilkerson."

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