We can go all the way back to Henry Ford, founder of Ford to hear “A
never saturated with a good product, but it is very quickly saturated
with a bad
one.” What guide should we use to find the motivation to purge dated
and offer great jewelry products? Of course we can say all great
products sell quickly and generate an exceptional profit margin.
However, it is
not always that easy to identify great products. In a previous blog we
discussed jewelry products with outstanding eye value. Products that
they should sell for more than our pricing schemes guide us to price the
at. Great jewelry products generate a lot of excitement with shoppers
exceptional eye value.
Let’s say we have done a great job of finding jewelry products with
value . . . and we have products different from our direct competitors
also have rarity and exclusivity in selection to offer our customers.
do we need to do? If we follow Jeff Bezos, founder of Amazon we will
on experiential marketing as he stated “If you do build a great
customers tell each other about that. Word of mouth is very powerful.”
recruit, hire, train, motivate and manage sales associates who are
provide outstanding luxury shopping experiences through powerful sales
presentations and product demonstrations that lead to product sales.
So we have the right jewelry products and the right jewelry sales
and exclusive shopper experience; what else is required? We need to
our product offering to the right targeted customers. John D.
industrialist once commented “Next to doing the right thing, the most
thing is to let people know you are doing the right thing.” Getting a
number of shoppers to convert into satisfied customers is part of
outstanding number of turns that great jewelry products represent. We
marketing campaigns that build foot traffic with the right targeted
So what makes for a great jewelry product? A product that has great eye
and screams wonderful value while being offered in an exclusive setting
over the top service provided to shoppers. The offering must be
communicated to the right target customers using the right value
delivered through the right media at the right time. Being great has a
requirements and a lot of rewards. Operate from a position of strength
offering great jewelry products.