Columnists David Brown

David Brown

Setting your retail price – what’s cost got to do with it?

Most retailers depend on a cost plus mentality when it comes to setting their retail price on goods. This week David Brown investigates a more profitable alternative.

Apologies to Tina Turner for the paraphrasing on her ‘80s hit, but it is a relevant question when so many jewelers use cost as a factor in determining their retail prices.

Read more...
 

Are you doing the $100 tasks?

One of the downsides of being a small business operator is the many hats that have to be worn. You’re often the human resources department, the company President, the m...

Read more...

Reorder your way to a profitable 2010

Now that the end of year rush is over, the first few months of a new year can see more cash flowing out than flowing in as December purchases fall due for payment.  In a...

Read more...

Have you bought a job or do you own a business?

For most people, the appeal of self-employment can consist of a number of factors but the top two answers are probably a desire for greater income and more freedom.

Often ...

Read more...

Are you ready for Grand Final time?

Whenever I ask a jewelry retailer what the most important time of year is for their business, I get a look as if to say “you must be kidding right?”. Even a ten year ...

Read more...

Dealing with vendors in-store

The phone is ringing. A battery needs to be put into a watch for a customer and there is another repair to be done to a chain for a lady who will be back in five minutes....

Read more...

You and your vendor – how to make the relationship work

"A General is just as good or bad as the troops under his command make him." - Gen. Douglas McArthur

In the same way that a General depends on his soldiers to move forward...

How to eliminate your aged inventory

One of the larger banes in the life of any retailer is the problem of old product - those items you thought were a good buy, but once in-store proved not to be the case. ...
Read more...
Page 6 of 6
Banner
Banner

Facebook Share

Share this article on Facebook

Hot topic

 

Gemvision releases Matrix Version 8

(DAVENPORT, Iowa) - From design to manufacturing the new version of Matrix offers a compre...

 

Synchrony Financial introduces new brand

New name, well-known financing solutions Known in the jewelry industry as a leading pr...

Media Kit

media-kit-sjn

media-kit-majn

Download now! pdf-logo