Effective Jewelry Display

Marketing

Top 10 Gift Idea Concept

Top 10 Gift Idea Concept

If a man walks into a jewelry store during any time of the year (except for early February, early May or December) odds are he is looking for a gift for a woman as a birthday or anniversary present. For many men, a jewelry store is a foreign environment. His goal is...

The “Inventory Performance Report by Category” Edge Report

The “Inventory Performance Report by Category” Edge Report

One of the beautiful aspects of computer management systems like The Edge are the in depth reports that can be created. This particular report is a goldmine for the retail jeweler when it is used by a knowledgeable reader. It is similar to receiving the results of...

Approximate Monthly Payment Signage

Approximate Monthly Payment Signage

Chain jewelry stores sell a majority of their merchandise through financing. When you simply have a sign in your case saying “We offer in-store financing” it is nice but ineffective. Use a sign that contains the approximate monthly payment for the price range of the...

How To Calculate Your Target Sales Per Foot of Showcase

How To Calculate Your Target Sales Per Foot of Showcase

Industry reports will tell you that the average independent retail jeweler has about 2000 sq ft of store, of which 1300sq ft or so is actual selling space. The same JA report has the average sales volume as $750,000 in volume. Simple math tells us that this mythical...

Emotional Adjectives

Emotional Adjectives

Words have power and adjectives are the most powerful of all. If someone tells a woman she looks “Nice” they will get a response. The response will be stronger if the compliment is that she looks “Beautiful.“ it is even stronger if the word used is “Spectacular or...

The Right Way to Display Loose Gemstones

The Right Way to Display Loose Gemstones

How do you display loose gemstones securely and attractively? Let’s start with security. Every store’s circumstances are different, but placing loose stones in small trays of no more than three and spreading the trays throughout the case is a good way to deter...

On Merchandising: The Gift of Ideas

On Merchandising: The Gift of Ideas

Help your customers — and your sales — with specific gift selections. In November, I had reason to go into the local Lowe’s home improvement store near my house. I was struck by the way the main aisle was filled with holiday gift ideas. Wooden birdhouse kits for the...