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Friday, September 01, 2017

Interent Shoppers Welcome Here

Interent Shoppers Welcome Here 41532008_xl-94By: Bob DeMaria

Competing with the internet or competing with anyone for that matter is all about knowing what you’re up against and delivering a clear message to your prospective customer that YOU can offer a better option.

That option can be in the form of price, service, selection and/or other intangibles. If all things are equal, why do some people choose Coke over Pepsi, Burger King over McDonald’s, Ford over Chevy?

Because somewhere in their conscious or subconscious mind they have created a preference for one over the other. Is that choice written in stone? Probably not. One bad experience, maybe a special sale or event can change that loyalty in a heartbeat. Someone sitting on the fence is one nudge away from being on your side.

A customer that walks into your store armed with a quote from any other source is ready for that “nudge” from you. They have already wavered from a commitment or they wouldn’t be there. They have no particular allegiance to an online retailer. They only assume that the best “deals” are on the internet because “they just are”. Making the case that this commonly held belief is not necessarily true may be tricky but it’s not difficult, if you’re knowledgeable and take the time to expose the fallacy.

Why are so many similarly graded diamonds offered at different prices?
Simply put, there’s more to determining a diamond’s true value (and hence its beauty) than just considering a handful of grading factors. You can demonstrate this by having two diamonds on hand that are graded the same but look different.* Once the price issue is clarified, you can focus on all the value added benefits of buying from a local retailer.

What they think they want or need and what they actually need, could be miles apart. Rather than just looking for a lower priced option based on the search they brought in, ask questions.

The greatest strength you offer is your counsel. Your value as an advisor should never be understated.

● Your ability to offer several options to view for free in a side by side comparison where difference can be seen (or not seen to the naked eye) and a value decision can be discussed.

● Your ability to show mountings with the diamonds to create a piece of jewelry from a concept.

● Finally, and most importantly, they are getting you. The person that took the time to ask the right questions, listen carefully and thoughtfully to their answers and, only then, made suggestions that best suited their needs.

Diamonds need to be romanced. They need to be matched with their perfect mate. We’re not keen on the idea of some guy picking out one of the most special purchase of his life while he’s lying in his shorts, watching a football game on TV as he googles during commercial breaks. A golf club? Maybe. Tee shirt? Sure. Engagement ring? No. Where’s the romance in that?

This process, this experience, is the basis for a quality sale. Regardless of whether we are dealing with millennials, gen x’ers or baby boomers this has never changed. Consumers want to be heard and understood. The internet may offer a newer form of competition, but once they walk into your store it’s back to basics with a simple seven step qualify: build rapport, displace the previous expert (the internet or other competitor), qualify, present options, answer objections (if needed), close/ask for the sale and seek referrals.

The wholesale end of the business is no different. Our most successful account managers delve deeper, ask better questions and ship better options to our retail partners. We have built our business on relationships and clear understanding. Unlike nearly all of our competitors, it’s one of the main the reasons we DO NOT sell to internet retailers.

Bob DeMaria has nearly 50 years experience in sales and marketing both as an inside and outside sales representative within RDI Diamonds and the wholesale jewelry industry. Bob welcomes any feedback or suggestions for future topics. If you would like more information on this topic (including available in-store materials) he can be reached at bdemaria@rdidiamonds.com.

AT: 09/01/2017 05:36:30 PM   0 COMMENTS   LINK TO THIS ENTRY   VIEW JUST THIS ENTRY
Wednesday, August 16, 2017

Jackie’s Picks: Winners shine at AGTA Spectrum Awards

Written by: Jackie LeBental, Trends Editor
@Barriluxco | www.barriluxuryconsulting.com
Images ©Jackie LeBental

Jackie’s Picks: Winners shine at AGTA Spectrum Awards  Jackie picks spectrum awards-14

Recently, The Retail Jeweler had the pleasure of attending the press preview for the annual American Gem Trade Association Spectrum Awards. As to be expected, the designer’s creations did not disappoint. Styles ranged from the extravagant to classical showing off exquisite craftsmanship and unique perspective. For over 30 years, the AGTA Spectrum Awards have honored and recognized natural gemstone and cultured pearl fine jewelry designs, through their outstanding design competition. This fantastic industry organization has provided a platform for designers and retailers to come together.

Among our favorites were the winner of Best use of Pearls in Evening Wear, Naomi Sarna Designs with freshwater cultured pearls with sunstone beads with an 18K yellow gold and black rhodium clasp set with white, pink and green diamonds, 2nd place for Classical Platinum,
Omi Prive by Niveet Nagpal
with platinum and black rhodium ring featuring a 20.03 ct cushion cut blue sapphire accented with blue sapphires, baguette and round diamonds and the WJA Gem Diva Winner in Evening Wear, Dallas Prince Designs with 14K white gold featuring pink spinels accented with diamonds.

The curated space and picturesque outside balcony gave the ideal atmosphere to snap a few pictures some beautiful pieces that we will be seeing more of in the coming season.

About The American Gem Trade Association
The American Gem Trade Association is a not-for-profit Association serving the natural colored gemstone and cultured pearl industry since 1981. The AGTA serves the industry as "The Authority in Color" and has its headquarter office in Dallas, Texas.


[Images from left to right: Naomi Sarna Designs, Niveet Nagpal for Omi Prive, Dallas Prince Designs]

AT: 08/16/2017 02:07:44 PM   0 COMMENTS   LINK TO THIS ENTRY   VIEW JUST THIS ENTRY
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