06292017Thu
Last updateWed, 28 Jun 2017 10pm
Retailer Roundtable: What jewelry trends are you seeing leading up to Vegas?

Retailer Roundtable: What jewelry trends are you seeing leading up to Vegas?

Q: What jewelry trends are you seeing leading up to...

Georgia Jewelers Association announces scholarship winners

Georgia Jewelers Association announces scholarship winners

For the sixth year, Georgia Jewelers Association (...

Masters of Marketing - A century of sparkling insight - Part 2

Masters of Marketing - A century of sparkling insight - Part 2

Part II – Siegel Jewelers, Grand Rapids, MI

The tra...

Ellis Jewelers Tim Hiatt credits retail success to his genes

Ellis Jewelers Tim Hiatt credits retail success to his genes

They say you can escape your past but not your gen...

GIA’s M2M app helps retailers tell a diamond’s story

GIA’s M2M app helps retailers tell a diamond’s story

As the creator of the 4Cs, GIA (Gemological Instit...

Other News

Diamond Producers Association Announces 2017 Marketing Budget of $57M

Diamond Producers Association Announces 2017 Marketing Budget of $57M

(IDEX Online) – The Diamond Producers Association (DPA) announced at the JCK show in Las Vegas that its 2017 full-year marketing investment of $57 million has been approved by its board of directors. The figure more than quadruples last year's budget...

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Industry Events

ASA to offer Gem Identification, Testing and Insurance Report Writing courses at JTV

ASA to offer Gem Identification, Testing and Insurance Report Writing courses at JTV

(RESTON, Vir.) - The American Society of Appraisers (ASA) has announced the offering of a Gemological Boot Camp July 31 - August 3, 2017 and Appraising Gems and Jewelry for Insurance Coverage course August 4-7, 2017 at Jewelry Television in Knoxville,...

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On The Move

Voyager Brands hires Bill Peak as VP of Sales

Voyager Brands hires Bill Peak as VP of Sales

‘Shining star’ joins young, dynamic jewelry wholesaler

(AUSTIN, Tex.) - Voyager Brands is pleased to announce its hire of Bill Peak as Vice President of Sales.

Peak, who brings decades of experience in the industry, served as National Sales Manager at L...

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What's New

Rembrandt Charms introduces Bridal Party Program

Rembrandt Charms introduces Bridal Party Program

(WILLIAMSVILLE, N.Y.) - Rembrandt Charms Bridal Party Expansion Program creates an omni-channel experience for the bridal shopper, and cultivates new and repeat business for the retail jeweler. The Program is a low-cost investment of $170 and can gene...

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Featured Articles

Masters of Marketing - A century of sparkling insight (Part 1)

Masters of Marketing - A century of sparkling insight (Part 1)

Schnack’s Fine Jewelry, Alexandria, LA     

There is rarely a day that goes by when I am not reminded of the famous quote by Milan Kundera, “Business has only two functions - marketing and innovation.” For someone like me, whose life revolves around mar...

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Latest News

Diamond Producers Association Announces 2017 Marketing Budget of $57M

7 HOURS AGO
Diamond Producers Association Announces 2017 Marketing Budget of $57M

(IDEX Online) – The Diamond Producers Association (DPA) announced at the JCK show in Las Vegas that its 2017 full-year marketing investment of $57 million has been approved by its board of directors. The figure more than quadruples last year's budget.

Readmore

Forbes opinion piece suggests ‘Fight For $15’ having negative impact

1 DAY AGO
Forbes opinion piece suggests ‘Fight For $15’ having negative impact

What a difference a week makes.

Last week, Seattle Mayor Ed Murray trumpeted a new report on his city’s minimum wage experiment, from a team of researchers sympathetic to the cause. The Mayor’s request of this report was unusual, given that the city had already funded a separate University of Washing...

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ASA to offer Gem Identification, Testing and Insurance Report Writing courses at JTV

1 DAY AGO
ASA to offer Gem Identification, Testing and Insurance Report Writing courses at JTV

(RESTON, Vir.) - The American Society of Appraisers (ASA) has announced the offering of a Gemological Boot Camp July 31 - August 3, 2017 and Appraising Gems and Jewelry for Insurance Coverage course August 4-7, 2017 at Jewelry Television in Knoxville, TN.

Readmore

Charles Stanley and Yancy Weinrich honored at Jewelers for Children Facets of Hope

8 DAYS AGO
Charles Stanley and Yancy Weinrich honored at Jewelers for Children Facets of Hope

(NEW YORK) - Jewelers for Children (JFC) held the 19th edition of the Facets of Hope event on June 7, in Las Vegas at the Mandalay Bay Resort and Casino. The charity announced that $2.2 million had been raised to support their charity partners in the year ahead bringing the cumulative total since 199...

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Voyager Brands hires Bill Peak as VP of Sales

1 DAY AGO
Voyager Brands hires Bill Peak as VP of Sales

‘Shining star’ joins young, dynamic jewelry wholesaler

(AUSTIN, Tex.) - Voyager Brands is pleased to announce its hire of Bill Peak as Vice President of Sales.

Peak, who brings decades of experience in the industry, served as National Sales Manager at Lakewood, N.J.-based Belair Time Corp. for the past...

Readmore

JA announces 2018 GEM Award for Lifetime Achievement recipient

15 DAYS AGO
JA announces 2018 GEM Award for Lifetime Achievement recipient

Sally Morrison of Gemfields to receive the prestigious award

(NEW YORK) - Jewelers of America (JA) and the GEM Awards Committee have announced that Sally Morrison, Director of Sales and Marketing, Americas, of Gemfields, will receive the GEM Award for Lifetime Achievement at the 16th annual GEM Awards...

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Rembrandt Charms introduces Bridal Party Program

15 DAYS AGO
Rembrandt Charms introduces Bridal Party Program

(WILLIAMSVILLE, N.Y.) - Rembrandt Charms Bridal Party Expansion Program creates an omni-channel experience for the bridal shopper, and cultivates new and repeat business for the retail jeweler. The Program is a low-cost investment of $170 and can generate over $1,500 in sales from one wedding party. ...

Readmore

Jayden Star celebrates 10-year anniversary with new product roll-out

28 DAYS AGO
Jayden Star celebrates 10-year anniversary with new product roll-out

(NEW YORK) - Celebrating with style, Jayden Star marks it’s 10-year anniversary with the biggest new product roll-out in company history during the JCK Las Vegas 2017 show. “With wholesale price points from $3 to $300, it’s hard to go wrong,” says Patrick Retzer, VP of Sales for Jayden Star. “All our...

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Furry Friends: Chase the cavachon

1 DAY AGO
Furry Friends: Chase the cavachon

Chase the cavachon goes to work every day at MLG Jewelry in Ohio - even when there’s an Ohio State game on TV.

Do you have a furry friend that helps out in your store? Tell us about it and send a picture to  bill@southernjewelrynews.com

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Furry Friends: Buffy the Shitzu

8 DAYS AGO
Furry Friends: Buffy the Shitzu

Buffy the shitzu recently celebrated her 10-year anniversary at Carl’s Fine Jewelry in Covington, LA. She’s quite stylish and the customers just love her.

Do you have a furry friend that helps out in your store? Tell us about it and send a picture to bill@southernjewelrynews.com.

 

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Stuller foresees two kinds of change for independent jewelers

At Las Vegas' JCK, Luxury and Couture Shows' seminars and conferences, speaker after speaker ended up saying something like, "When business does turn around, we won't be doing it the same way we used to." Presenters who are experts in marketing, inventory control, sales, technology and products seemed to agree that the American retail jeweler will be forever changed by the "current economic situation."

So, what is an independent retail jeweler to do? To keep doing things as in the past is probably a train to nowhere. One supplier was obviously way ahead of the curve when it came to forward thinking innovation.

Stuller, Inc. presented multiple new initiatives designed to help jewelry retailers change the business of jewelry.

Not content to offer only new merchandise that may or may not be on the jewelry retailer's radar, Stuller presented new, forward thinking tools to help jewelry retailers think beyond the old way of doing things and look into the future at what retailers of jewelry may become.

Stuller-eGraver-July
Stuller's new 3D Ring Engraver enables retailers to show potential clients
a live 3 dimensional preview of what their engraved ring will look like.

Kerry Hand, executive director of Marketing Services and Public Relations at Stuller said that the theme for the show at Stuller represented two kinds of change: first, by offering evolutionary or "bite-size" changes such as the DTC Sightholder's diamond-based digital selling systems, prototype (or alloy-based) selling systems and others. The second, which moves retail further into the future, is more revolutionary as it relies on the latest technologies. "Its all about lowering the inventory investment while increasing profit opportunity potential," said Hand.

New digital technologies introduced will help expand the retailer's inventory by offering ways jewelers can utilize Stuller's expansive inventory while working with a customer in their store. The Virtual Diamond Selector, 3D Ring Engraver and Diamond Stud Earring Builder will all appear to be a part of the retailers own inventory.

The Virtual Diamond Selector will allow the retailer to search by size, shape, or color from among the approximately 10,000 diamonds in the Stuller inventory on a web page featuring the retailers logo, background color and retail prices all predetermined behind the scenes.

The retailer will be able to change the formula to set retail prices anytime he/she wants to as their local market requires.

3D Ring Engraver represents the most advanced web based wedding band engraving functionality to date. While sitting with a customer, the jeweler will be able to select the font style, size and placement, enter the engraving and see a live 3 dimensional preview of what the engraved ring will look like.

The Diamond Stud Earring program will allow the jeweler to work with his client while making selections based on shape, size and price as well as mounting choices. If you don't have exactly what they want in stock, jewelers will be able to show them exactly what they want or want to spend. With the Stuller just-in-time (JIT) shipping, retailers will be able to offer merchandise for the client's needs quickly.

All of these digital selling solutions have been developed by Stuller with Gemvision, Stuller's strategic partner to harness new technology and offer custom solutions to independent jewelers.

Stuller-iPhone-July
new "Live Diamond Try On" iPhone application allows users to custom design an engagement ring, see how it looks on the wearer's hand, and locate and contact the nearest Stuller retailer to purchase, all from the users iPhone.

Mr. Hand rocked our world when he showed us a new application for the iPhone. Coming to an iPhone near you is Live Diamond Try On. This free application is one that the 20 to 40 year olds thinking about or shopping for an engagement ring will be sure to download. It allows the user to build a ring (mounting styles and colors, diamond four C's including all the diamond shapes and actual stone size), take a photo with the iPhone of the wearer's hand and then as if by magic, virtually place the ring on the soon to be bride's own finger.

This application won't mean much to my middle age friends and colleagues, but to my college student daughter and young adults her age this will be second nature. They look at their phones more than they talk on them! Twenty somethings will even be able to finds a jeweler and get Google map and directions to the nearest Stuller affiliated jeweler. A really cool marketing tool!

Also at the Stuller booth we previewed several prototype selling systems that will help the retail jeweler extend his inventory while reducing the costs of filling showcases. A sample kit for selling wedding bands features the most popular styles in different widths, styles and colors and is branded with the store color and logo. A colored stone selector kit features nine gemstones and assorted earring, ring and necklace styles to offer a custom alternative to supplement your inventory.

And to make your live inventory look better, Gemvision and Stuller introduced Case by Case, a really neat way to select custom displays for your showcases using 3D CAD software. With hundreds of fabrics, colors and arrangements that are married on screen to your showcase's exact size, style and finish your imagination won't be the only place you see what your refreshed showcase displays will look like.

For more information contact Stuller, Inc. at 800-877-7777 or visit www.stuller.com.


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