To run a successful retail jewelry store, it’s vitally important to find the right suppliers. You’ll need to source jewelry of high-quality, while also ensuring the jewelry you choose is appropriate for the type of store you want to be and the price range of your...
Navigating Succession in Jewelry Family Businesses: A Guide for Smooth Transitions
About 40% of U.S. family-owned businesses transition into second-generation businesses, with approximately 13% successfully passed down to a third generation, while only 3% survive to a fourth generation or beyond. Succession planning is a vital aspect of ensuring the...
7 Visual Merchandising Tips for Jewelry Stores
In jewelry retail, effective visual merchandising isn't just about showcasing products; it's about crafting an atmosphere that inspires customers. From the arrangement of product displays to lighting techniques, every element shapes the perception of your brand and...
Enhancing Customer Service: 7 Tips for Jewelry Store Businesses
7 Tips to Enhance Customer Service for Jewelry Store Businesses Customer service is the lifeblood of any business. It’s the foundation for building customer relationships, fostering loyalty, and maximizing customer satisfaction. In the world of jewelry, where...
Tips for Managing Your Jewelry Inventory: A Guide for Retail Success
Tips for Managing Your Jewelry Inventory In the realm of jewelry retail, the quality of your inventory management reflects the success of your business operations. Effective inventory management is a strategic art that requires precision, insight, and a touch of...
How Americans spent nearly $26B on Valentine’s Day in 2023
Feb. 14 has long been a day to show loved ones how much you care about them. In modern times, such displays of affection come with a price tag. According to the National Retail Federation, consumers spent an estimated $25.9 billion in 2023 on Valentine's Day, one of...