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What’s Wrong with Millennials? Here’s What Jewelers Say

We asked, you answered.

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WE ASKED OUR RECENT Big Survey respondents to tell us one bad thing about the rise of millennials. The most popular answers were along the lines of how much they think they know, how they erroneously trust what they see online, and how impatient they are. Here were 12 answers (some representative, and some just funny).

  1. “They know some, but they think they know all.”
  2. “Their tendency to buy online rather than in person.”
  3. “Tiny jewelry! Where, oh where, are the big fat colored stone pieces? Oh yes! In our safe.”
  4. “They’re broke and can’t afford some of the things they want!”
  5. “Forcing us Boomers to think differently than we are used to.”
  6. “Dependency on Google Reviews.”
  7. “They never like something right out of the case; it always has to be customized or slightly different. I swear if I pulled out exactly what they asked for, they would still want it different just so they can say they had it made custom.”
  8. “They all feel so unique, it’s hard to not show that they are actually similar to one another.”
  9. “They want it NOW.”
  10. “They want ‘experiences’ as opposed to items to mark those experiences.”
  11. “Their music stinks.”
  12. “Millennials. You know the type. Oversensitive, phone-obsessed, selfie-snapping, ‘Friends’-binge-watching, kombucha-guzzling, influencer-obsessed complainers. If that sort of thing drives you crazy, here’s your trigger warning: Millennials are taking over the workforce. Get used to it.”

What’s the Brain Squad?

If you’re the owner or top manager of a U.S. jewelry store, you’re invited to join the INSTORE Brain Squad. By taking one five-minute quiz a month, you can get a free t-shirt, be featured prominently in this magazine, and make your voice heard on key issues affecting the jewelry industry. Good deal, right? Sign up here.

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This Third-Generation Jeweler Was Ready for Retirement. He Called Wilkerson

Retirement is never easy, especially when it means the end to a business that was founded in 1884. But for Laura and Sam Sipe, it was time to put their own needs first. They decided to close J.C. Sipe Jewelers, one of Indianapolis’ most trusted names in fine jewelry, and call Wilkerson. “Laura and I decided the conditions were right,” says Sam. Wilkerson handled every detail in their going-out-of-business sale, from marketing to manning the sales floor. “The main goal was to sell our existing inventory that’s all paid for and turn that into cash for our retirement,” says Sam. “It’s been very, very productive.” Would they recommend Wilkerson to other jewelers who want to enjoy their golden years? Absolutely! “Call Wilkerson,” says Laura. “They can help you achieve your goals so you’ll be able to move into retirement comfortably.”

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