











LUXURY Booth LUX1000A



LUXURY Booth LUX1000A
It’s time to prepare for the big Las Vegas shows beginning right after Memorial Day Weekend!
If there’s one thing this magazine does well it is to help you find and meet with your CENTURION Vendors exhibiting at Luxury, Couture and JCK. Many retailers are planning follow-up meetings with their vendors to springboard off great appointments they had with them at CENTURION. For your convenience You will find the alphabetical and booth number listing pages in the first part of the magazine.
Also be sure to check out the MISSION: SALES Hot Sellers section following the listings. Everyone always asks, “what are your best sellers?” and this special section answers that question.
After the Hot Sellers section are great feature articles that cover many key sales areas of your business. This is all here to help you sell more of the great jewelry you will buy in Vegas this year!
We truly hope you enjoy the magazine and pass it on digitally or in hard copy to your team.
Warmest regards,
LUXURY Booth LUX213
SPONSORED CONTENT
ASHI’s story begins with a name that means a lot to us: “Asha.” This name, belonging to our grandmother, stands for hope and dreams. It’s what inspired her sons to start their own jewelry business. Unlike many jewelry companies that start in India, ASHI took a different path and began in New York. This unique start has helped shape who we are as a company, making us INNOVATIVE AND STRONG.
Our journey has always been about striving for the best and finding new ways to stand out in the jewelry world. We’ve been pioneers, always on the lookout for new ideas. Our focus on trying new ways of making jewelry has even led us to get several patents, showing our commitment to doing things differently.
FROM THE VERY BEGINNING, ASHI was all about top-notch craftsmanship and creating jewelry that’s not just beautiful but also art. This foundation led to the birth of ASHI Couture, a luxury jewelry brand that takes everything a step further. ASHI Couture is about making exceptional art pieces without holding back on quality or details.
For forty years, ASHI Jewelry has gained international recognition for blending great craftsmanship with stunning designs to create jewelry that’s truly art. ASHI Couture came from this legacy, focusing on using the best materials without worrying about the cost. Made with 18-karat gold, platinum, and the finest diamonds and gemstones, ASHI Couture’s jewelry is about luxury and making a statement.
ASHI Couture stands out for its exquisite design and luxury, aiming to impress the most refined customers. We value our relationships with independent jewelers around the world, seeing ourselves as a partner in luxury.
AS WE CELEBRATE 40 YEARS IN THE BUSINESS, we’re ready to make it memorable with new designs and exciting offerings at the Luxury show in Las Vegas. This anniversary is more than just a celebration of our success; it’s a tribute to our history and everyone who’s been a part of ASHI’s journey. We’re looking forward to honoring our past and moving forward with innovative designs that will redefine luxury jewelry.
Tracr® is the world’s leading digital platform for the traceability of natural diamonds. Named by Forbes as one of the top 50 blockchain solutions in the world, in 2020, 2022 and 2023, it offers the possibility to explore the provenance, authenticity and history of diamonds.
Creates a digital record, enabling you to see your diamonds journey
Display to your client the amazing transformation of a natural diamond from its rough form all the way through to the final polished diamond
Transfer ownership of the digital asset that holds the Tracr data to your clients and allow them to carry on their own story
Empowers you to tell broader stories around natural diamonds and connect with todays consumer who has an increased focus on origin and digital assurance
Allows you to speak in more detail and with increased confidence about the positive impact of natural diamonds
Ask your trusted supplier
For any information, register and contact us tracr.com/contact
Ask an active DTC Sightholder participant
Search for Tracr® ID on major inventory platforms
How to Keep Employees Happy: Insights from National Retailer Magazine and Harvard Business Review By Jimmy
DeGrootHow Sharp Is Your Team For 2024? By Jimmy
DeGrootJewelers Respond to Growing Consumer Calls for Guidance Amid Budget Constraints
Essential Guide to Enhancing Sales with Jewelry Gift Recommendations
Maximizing Retail Revenue: Strategies for Enhancing Sales per Square Foot
Psychological Pricing Techniques to Improve Sales and Profit Margins
A Case Study and Guide to How To Survey Jewelry Buyers
Here’s When Creativity Is Most Impactful in Advertising
EXHIBITOR / BOOTH
AFARIN / LUX501
A LINK / LUX223
A. JAFFE / LUX817
ALLISON KAUFMAN COMPANY / LUX1023
AMERICAN GEM SOCIETY (AGS) / LUX700A
AMERICAN JEWELRY DESIGNS / AJD PLATINUM / LUX101
AMPTIVE / LUXL108
ARTCO GROUP / LUXL221
ARTISTRY / LUX605
ASHER JEWELRY / LUX1027
ASHI COUTURE / LUX1227
BARAKA / LUX1012
BASSALI JEWELRY / LUX1026
BELLARRI / LUX723
BENY SOFER / SOFER JEWELRY / LUX1013
BREUNING / LUX1230
CHARLES KRYPELL / LUX913
CHIMENTO / LUX1012
CHRISTOPHER DESIGNS / LUX1123
COAST BY CLASSIQUE CREATIONS / LUX333
CROWNRING BRIDAL HOUSE / LUX1207
CRYSTAL / LUX701A
DA GOLD / LUX313
DAMASO / LUX1101
DAVID KORD / LUX1228
DAVID WEISZ / LUX901A
DIABELLA / LUX1037
DILAMANI / LUX505
DIVINE / LUX1201
DOVES BY DORON PALOMA / LUX823
ELITE DESIGNS / LUX545
EPOQUE NEW YORK / LUX937
FACET BARCELONA / LUX113
EXHIBITOR / BOOTH
FREDERIC SAGE / LUX813
GABRIEL & CO. / VER2504-05
GEMS ONE / VER2404-05
GN DIAMOND / LUX1217
GORDON COMPANY (THE) / LUXL102
GRANDVIEW KLEIN
DIAMOND GROUP / LUX515
H. J. NAMDAR / LUX531
HASENFELD-STEIN / BASS2604
HEARTS ON FIRE / TITIAN2301-AB
HENDERSON LEGACY / AVAYGRAY DESIGNS / LUX200A
HOUSE OF BAGUETTES / LUX123
HRA GROUP / DIALOG / CLARITY
DIAMONDS / TITIAN-2203
IFE LUX GROUP / LUX1012
IMAGINE BRIDAL / LUX1117
JACK ABRAHAM / LUX213
JB STAR / LUX415
JEWELERS MUTUAL / LUXL100
JEWELRY SALES ACADEMY / LUXL106
JEWELS BY JACOB / LUX1105
JULIUS KLEIN GROUP / LUX217
JYE LUXURY COLLECTION / LUX303
KC DESIGNS / LUX537
LE VIAN / VER2403, VERONESE-1
LIKA BEHAR COLLECTION / LUX201
LUXURY DISPLAY GROUP / LUX1237
MAIDI CORP. / LUX312
MARCHESA BY V&A LUXURY / LUX1128
MARIKA DESERT GOLD / LUX826
MARTIN FLYER / LUX717
MEIRA T DESIGNS / LUX731
MÉMOIRE / TITIAN2301-AB
NADER KASH / LUX117
EXHIBITOR / BOOTH
NAVADEE FOR AOD JEWELRY / LUX1113
NIGA AM / LUX926
NORMAN SILVERMAN DIAMONDS / LUX323
ODELIA JEWELRY / LUX923
OMI PRIVÉ / LUX702
OFER MIZRAHI DIAMONDS / VER2506
PARLÉ / LUX730
PE JAY CREATIONS / LUX812
PENNY PREVILLE / LUX917
PLUCZENIK / LUX631
PREMIER GEM CORP. / TITIAN-2204
RAHAMINOV DIAMONDS / LUX622
RAYMOND MAZZA / LUX1034
ROBERTO DEMEGLIO / LUX1013
ROMAN + JULES / LUX231
ROYAL PEARL / LUX1200
SHY CREATION / TITIAN-2304-03
SIMON G. JEWELRY / LUX423
SMART AGE SOLUTIONS / LUXL220
SPARK CREATIONS / LUX 523
STEVEN ROYCE DESIGNS / LUX1001
THE MAZZA COMPANY / LUX413
UNEEK / LUX1221
VENETTI / LUX831
VIBHOR / LUX129
VLORA / LUX1133
WILLOW DIAMONDS / LUX1000A
YAEL DESIGNS / LUX412
YERUSHALMI BROS. / TITIAN-2302
ZEGHANI / LUX433
ZYDO / LUX904
FIND YOUR FAVORITE CENTURION EXHIBITORS
BOOTH / EXHIBITOR
LUX101 / AMERICAN JEWELRY DESIGNS / AJD PLATINUM
LUX113 / FACET BARCELONA
LUX117 / NADER KASH
LUX123 / HOUSE OF BAGUETTES
LUX129 / VIBHOR
LUX200A / HENDERSON LEGACY / AVAYGRAY DESIGNS
LUX201 / LIKA BEHAR COLLECTION
LUX213 / JACK ABRAHAM
LUX217 / JULIUS KLEIN GROUP
LUX223 / A LINK
LUX231 / ROMAN + JULES
LUX303 / JYE LUXURY COLLECTION
LUX312 / MAIDI CORP.
LUX313 / DA GOLD
LUX323 / NORMAN SILVERMAN DIAMONDS
LUX333 / COAST BY CLASSIQUE CREATIONS
LUX412 / YAEL DESIGNS
LUX413 / THE MAZZA COMPANY
LUX415 / JB STAR
LUX423 / SIMON G. JEWELRY
LUX433 / ZEGHANI
LUX501 / AFARIN
LUX505 / DILAMANI
LUX515 / GRANDVIEW KLEIN DIAMOND GROUP
LUX523 / SPARK CREATIONS
LUX531 / H. J. NAMDAR
LUX537 / KC DESIGNS
LUX545 / ELITE DESIGNS
LUX605 / ARTISTRY
LUX622 / RAHAMINOV DIAMONDS
LUX631 / PLUCZENIK
LUX700A / AMERICAN GEM SOCIETY (AGS)
LUX701A / CRYSTAL
BOOTH / EXHIBITOR
LUX702 / OMI PRIVÉ
LUX703 / FANA JEWELS
LUX717 / MARTIN FLYER
LUX723 / BELLARRI
LUX730 / PARLÉ
LUX731 / MEIRA T DESIGNS
LUX812 / PE JAY CREATIONS
LUX813 / FREDERIC SAGE
LUX817 / A .JAFFE
LUX823 / DOVES BY DORON PALOMA
LUX826 / MARIKA DESERT GOLD
LUX831 / VENETTI
LUX901A / DAVID WEISZ
LUX904 / ZYDO
LUX913 / CHARLES KRYPELL
LUX917 / PENNY PREVILLE
LUX923 / ODELIA JEWELRY
LUX926 / NIGAAM
LUX937 / EPOQUE NEW YORK
LUX1000A / WILLOW DIAMONDS
LUX1001 / STEVEN ROYCE DESIGNS
LUX1012 / BARAKA
LUX1012 / CHIMENTO
LUX1012 / IFE LUX GROUP
LUX1013 / BENY SOFER / SOFER JEWELRY
LUX1013 / ROBERTO DEMEGLIO
LUX1023 / ALLISON KAUFMAN COMPANY
LUX1026 / BASSALI JEWELRY
LUX1027 / ASHER JEWELRY
LUX1034 / RAYMOND MAZZA
LUX1037 / DIABELLA
LUX1101 / DAMASO
LUX1105 / JEWELS BY JACOB
BOOTH / EXHIBITOR
LUX1113 / NAVADEE FOR AOD JEWELRY
LUX1117 / IMAGINE BRIDAL
LUX1123 / CHRISTOPHER DESIGNS
LUX1128 / MARCHESA BY V&A LUXURY
LUX1133 / VLORA
LUX1200 / ROYAL PEARL
LUX1201 / DIVINE
LUX1207 / CROWNRING BRIDAL HOUSE
LUX1217 / GN DIAMOND
LUX1221 / UNEEK
LUX1227 / ASHI COUTURE
LUX1228 / DAVID KORD
LUX1230 / BREUNING
LUX1237 / LUXURY DISPLAY GROUP
LUXL100 / JEWELERS MUTUAL
LUXL102 / GORDON COMPANY (THE)
LUXL106 / JEWELRY SALES ACADEMY
LUXL108 / AMPTIVE
LUXL220 / SMART AGE SOLUTIONS
LUXL221 / ARTCO GROUP
BASS2604 / HASENFELD-STEIN
TITIAN-2203 / HRA GROUP / DIALOG / CLARITY DIAMONDS
TITIAN2301-AB / HEARTS ON FIRE
TITIAN2301-AB / MÉMOIRE
TITIAN-2204 / PREMIER GEM CORP.
TITIAN-2302 / YERUSHALMI BROS.
TITIAN-2304-03 / SHY CREATION
VER2403, VERONESE-1 / LE VIAN
VER2404-05 / GEMS ONE
VER2504-05 / GABRIEL & CO.
VER2506 / OFER MIZRAHI DIAMONDS
EXHIBITOR / BOOTH
ANZIE / 702
ARMENTA / MEURSAULT (MUMM)
CHANTECLER CAPRI / 229
CICADA / 222
CLIORO / 929
COLES OF LONDON / 535
FOPE / 305
FRED LEIGHTON / WYNN ESPLANADE
GEM PLATINUM / 233
GEMMA COUTURE / 435
GOSHWARA / 200
GUMUCHIAN / 226
GURHAN / FLEURIE
HULCHI BELLUNI / 135
ISABELLEFA / 725
JACK KELÉGE / 533
JEWELERS MUTUAL GROUP / SPONSOR
JOHN VARVATOS / FLEURIE
KABANA / RUINART
KAHN HIGH JEWELLERY / 832
KING BABY STUDIO / 326
KWIAT / WYNN ESPLANADE
LEO PIZZO / 127
LISA NIK / 201
MARCO BICEGO / AVIGNON2
MARK HENRY JEWELRY / 337
MATTHIA'S & CLAIRE / 918
MESSIKA PARIS / CASTILLON
MICHAEL M / VILLA 210
MICHELE / 815
MIKIMOTO / VILLA 207-208
MISANI / 728
BOOTH / EXHIBITOR
MISENO / 819
MONTAGNE / 540
MONICA RICH KOSANN / 517
NANIS ITALIAN JEWELS / 227
NATURAL DIAMOND COUNCIL / SPONSOR
OSCAR HEYMAN / 120
PAPINI GIOIELLI / 234
PASQUALE BRUNI / 204
PICCHIOTTI / 219
PIERO MILANO / 211
PIRANESI / 123
PLATINUM BORN / 331
PLATINUM GUILD INTERNATIONAL USA / SPONSOR
PRECISION SET / 335
ROBERTO COIN / AVIGNON1
ROBERTO DEMEGLIO / 546
SCOTT WEST NATURAL COLOR DIAMONDS / 218
SERAFINO CONSOLI / 828
SETHI COUTURE / 530
SINGLE STONE / 505
S.T. DUPONT / 535
SUNA BROS. / 102
SWAROVSKI / ROEDERER SYNA / 718
TACORI / MEURSAULT1
VALANI ATELIER / 729
VERRAGIO / MUSIGNY 1
VHERNIER / VILLA 209
VINCENT PEACH / 446
WILLIAM HENRY / 835
WILLIAM LEVINE FINE JEWELS / 538
ZODIAC / 833
BOOTH / EXHIBITOR
102 / SUNA BROS.
120 / OSCAR HEYMAN
123 / PIRANESI
127 / LEO PIZZO
135 / HULCHI BELLUNI
200 / GOSHWARA
201 / LISA NIK
204 / PASQUALE BRUNI
211 / PIERO MILANO
218 / SCOTT WEST NATURAL COLOR DIAMONDS
219 / PICCHIOTTI
222 / CICADA
226 / GUMUCHIAN
227 / NANIS ITALIAN JEWELS
229 / CHANTECLER CAPRI
233 / GEM PLATINUM
234 / PAPINI GIOIELLI
305 / FOPE
326 / KING BABY STUDIO
331 / PLATINUM BORN
335 / PRECISION SET
337 / MARK HENRY JEWELRY
435 / GEMMA COUTURE
446 / VINCENT PEACH
505 / SINGLE STONE
517 / MONICA RICH KOSANN
530 / SETHI COUTURE
533 / JACK KELÉGE
535 / COLES OF LONDON
535 / S.T. DUPONT
538 / WILLIAM LEVINE FINE JEWELS
540 / MONTAGNE
BOOTH / EXHIBITOR
546 / ROBERTO DEMEGLIO
702 / ANZIE
718 / SYNA
725 / ISABELLEFA
728 / MISANI
729 / VALANI ATELIER
815 / MICHELE
819 / MISENO
828 / SERAFINO CONSOLI
832 / KAHN HIGH JEWELLERY
833 / ZODIAC
835 / WILLIAM HENRY
918 / MATTHIA'S & CLAIRE
929 / CLIORO
AVIGNON1 / ROBERTO COIN
AVIGNON2 / MARCO BICEGO
CASTILLON / MESSIKA PARIS
FLEURIE / GURHAN
FLEURIE / JOHN VARVATOS
MEURSAULT (MUMM) / ARMENTA
MEURSAULT1 / TACORI
MUSIGNY 1 / VERRAGIO
ROEDERER / SWAROVSKI
RUINART / KABANA
SPONSOR / JEWELERS MUTUAL GROUP
SPONSOR / NATURAL DIAMOND COUNCIL
SPONSOR / PLATINUM GUILD INTERNATIONAL USA
VILLA 207-208 / MIKIMOTO
VILLA 209 / VHERNIER
VILLA 210 / MICHAEL M
WYNN ESPLANADE / FRED LEIGHTON
WYNN ESPLANADE / KWIAT
INVENTORY REINVENTED
EXHIBITOR / BOOTH
AG COLOR / AGTA A33043
ANAN JEWELS / 8055
ARESA NEW YORK / 10113
ARIHA JEWELS / 22087
BENCHMARK / PC-800
BENILEVI DESIGNS / 18127
BEVERLEY K / 9071
BREVANI/ COLOR MERCHANTS / PC-120
BRILLIANT ELEMENTS / 15056
BRITECO JEWELRY INSURANCE / L312
CARDONE FINTECH / 54125
CIRARI BY COLOR JEWELS / PC-830
CLIENTBOOK / 53118
DE BEERS GROUP / 14109
DHARM INTERNATIONAL / 5075
EVERSPARK BRIDAL / SAMUEL B. / PC-850
FACETS OF FIRE / PC-410
FREIDA ROTHMAN / 13141
FRUCHTMAN MARKETING / 54112
GCAL BY SARINE / 15039
GIA / 15031, 52083
HASBANI GIOIELLI / 20008
HEAVY STONE RINGS / 11039
HEERA MOTI / 20087
IDD LUXE / PC-810
IGI (INTERNATIONAL GEMOLOGICAL INSTITUTE) / 11065
ITALGOLD VALENZA 1967 / 19023
JEWEL 360 POINT OF SALE / 53125
JEWEL-CRAFT, INC. / 53103
JEWELERS FOR CHILDREN / 15001
JEWELERS SECURITY ALLIANCE / L114
JJEWELS MILANO / 21019
JM INSURANCE AGENCY PARTNERS / L200
JOHN ATENCIO DESIGNER JEWELRY / 15030
EXHIBITOR / BOOTH
JORGE REVILLA SPAIN / 13037
K DI KUORE / 20028
LASHBROOK / 15065
LOUDR, A BOTTOM LINE AGENCY / 15048
MADISON L / 23103
MALAKAN / 19111
MALO CREATIONS / 9055
MERCURY RING / 46124
MIDAS CHAIN / 12089
NATIONAL RARITIES / L213
PARAGON COUTURE / 21093
PARAMOUNT GEMS / 11079
PICUP MEDIA / 53077
PODIUM / 53111
PUNCHMARK / 53112
RDI DIAMONDS / 10075
ROYAL INDIA / 10113
ROYAL JEWELRY / MARCO MOORE / 17109
SABRINA DESIGNS / 10055
SAMUEL B. / EVERSPARK BRIDAL / PC-850
SDC DESIGNS / PC-730
SHAH LUXURY / PC-870
SHEFI DIAMONDS / PC-740
SMILING ROCKS / 5123
THE EDGE BY ABBOTT JEWELRY SYSTEMS / 52107
THINKSPACE / 54118
TRESOR COLLECTION / 13031
UNI LUXURY USA INC. / 14047
UNITED PMR / 53091
VARSHA & FIREWORKS DIAMONDS / 14069
VIRTUAL DIAMOND BOUTIQUE / 15051
WELLS FARGO RETAIL SERVICES / L201
XL DIAMONDS / 5099
BOOTH / EXHIBITOR
5075 / DHARM INTERNATIONAL
5099 / XL DIAMONDS
5123 / SMILING ROCKS
8055 / ANAN JEWELS
9055 / MALO CREATIONS
9071 / BEVERLEY K
10055 / SABRINA DESIGNS
10075 / RDI DIAMONDS
10113 / ARESA NEW YORK
10113 / ROYAL INDIA
11039 / HEAVY STONE RINGS
11065 / IGI (INTERNATIONAL GEMOLOGICAL INSTITUTE)
11079 / PARAMOUNT GEMS
12089 / MIDAS CHAIN
13031 / TRESOR COLLECTION
13037 / JORGE REVILLA SPAIN
13141 / FREIDA ROTHMAN
14047 / UNI LUXURY USA INC.
14069 / VARSHA & FIREWORKS DIAMONDS
14109 / DE BEERS GROUP
15001 / JEWELERS FOR CHILDREN
15030 / JOHN ATENCIO DESIGNER JEWELRY
15031, 52083 / GIA
15039 / GCAL BY SARINE
15048 / LOUDR, A BOTTOM LINE AGENCY
15051 / VIRTUAL DIAMOND BOUTIQUE
15056 / BRILLIANT ELEMENTS
15065 / LASHBROOK
17109 / ROYAL JEWELRY / MARCO MOORE
18127 / BENILEVI DESIGNS
19023 / ITALGOLD VALENZA 1967
19111 / MALAKAN
20008 / HASBANI GIOIELLI
20028 / K DI KUORE
BOOTH / EXHIBITOR
20087 / HEERA MOTI
21019 / JJEWELS MILANO
21093 / PARAGON COUTURE
22087 / ARIHA JEWELS
23103 / MADISON L
46124 / MERCURY RING
52107 / THE EDGE BY ABBOTT JEWELRY SYSTEMS
53077 / PICUP MEDIA
53091 / UNITED PMR
53103 / JEWEL-CRAFT, INC.
53111 / PODIUM
53112 / PUNCHMARK
53118 / CLIENTBOOK
53125 / JEWEL 360 POINT OF SALE
54112 / FRUCHTMAN MARKETING
54118 / THINKSPACE
54125 / CARDONE FINTECH
AGTA A33043 / AG COLOR
L114 / JEWELERS SECURITY ALLIANCE
L200 / JM INSURANCE AGENCY PARTNERS
L201 / WELLS FARGO RETAIL SERVICES
L213 / NATIONAL RARITIES
L312 / BRITECO JEWELRY INSURANCE
PC-120 / BREVANI / COLOR MERCHANTS
PC-410 / FACETS OF FIRE
PC-730 / SDC DESIGNS
PC-740 / SHEFI DIAMONDS
PC-800 / BENCHMARK
PC-810 / IDD LUXE
PC-830 / CIRARI BY COLOR JEWELS
PC-850 / EVERSPARK BRIDAL / SAMUEL B
PC-850 / SAMUEL B. / EVERSPARK BRIDAL
PC-870 / SHAH LUXURY
WEDNESDAY, MAY 29, 2024
Exhibitor Breakfast (Leading into Keynote Breakfast)
San Polo Room (Level 3)
07:30 AM - 09:30 AM
Hosted by Luxury
Luxury Keynote Breakfast
San Polo Room (Level 3)
Featuring Speaker Kyle Scheele
08:00 AM - 09:30 AM (KEYNOTE STARTS 8:30 AM.)
Sponsored by Natural Diamond Council
Luxury Show Floor Open
Luxury Show Floor & Private Ballrooms (Level 2)
09:30 AM - 6:00 PM
Luxury Lunch, Bellini Ballroom, The Venetian (Level 2)
12:00 PM – 02:00 PM; Afternoon Snack, Luxury Show Floor & Private Ballrooms (Level 2), 3:00-4:00 PM; Afternoon Cocktail Hour, Luxury Show Floor & Private Ballrooms (Level 2), 4:00-5:00 PM; Luxury Happy Hour, Luxury Lobby Bar, The Venetian (Level 2), 6:00-7:30 PM; Luxury Dine Out, Select Venetian and Palazzo Restaurants, 6:30-9:30 PM.
THURSDAY, MAY 30, 2024
Rings of Strength
Doge’s Palace (Entrance)
05:30 AM - 07:30 AM
Hosted by Jewelers for Children
Luxury Exhibitor & Keynote Breakfast
San Polo Room (Level 3)
Featuring Speaker Henry Winkler
07:30 AM - 09:30 AM (SPEAKER STARTS 8:30 AM)
Sponsored by De Beers Group
GIA Show Service Laboratory
Bassano 2805 & 2806, The Venetian, Level 2
09:00 AM - 05:00 PM
JCK GEMS Floor Opens
The Venetian Expo, Level 2
09:30 AM - 6:00 PM
Luxury Show Floor Open
Luxury Show Floor & Private Ballrooms (Level 2)
09:30 AM – 6:00 PM
Hong Kong Pavilion Open Level 1 Ballrooms
09:30 AM – 6:00 PM
8 JCK Talks Educational Sessions Room 101
Consumer Education, 10:00 AM; Business Snapshot, 11:00 AM; Sales Education, 12:00 PM; Visual Merchandising, 1:00 PM; Security, 2:00 PM; Sustainability, 3:00 PM; Colored Gemstones, 4:00 PM; Business Resources, 5:00 PM
Luxury Lunch, Bellini Ballroom, The Venetian (Level 2) 12:00 PM – 02:00 PM; Afternoon Snack, Luxury Show Floor & Private Ballrooms (Level 2), 3:00-4:00 PM; Afternoon Cocktail Hour, Luxury Show Floor & Private Ballrooms (Level 2), 4:00-5:00 PM; Luxury Happy Hour, Luxury Lobby Bar, The Venetian (Level 2), 6:00-7:30 PM; Luxury Late Night, Electra Cocktail Club, 9:00-11:59 PM.
Diamonds Do Good Awards
San Polo Room (Level 3)
6:00– 9:00 PM
Hosted by: Diamonds Do Good
FRIDAY, MAY 31, 2024
Spotlight on De Beers Breakfast
San Polo Ballroom, The Venetian, Level 3
08:00 AM - 10:30 AM
Speakers: Al Cook, Richard Lawson, Sandrine Conseiller
Hosted by De Beers
WJA Generating Community Impact
Breakfast: Disability Inclusion in the Jewelry & Watch Industry
San Polo Ballroom, The Venetian, Level 3
08:00 AM - 09:30 AM
Sponsored by Women’s Jewelry Association
JCK & Luxury Show Floors Open
The Venetian Expo, Levels 1 & 2
09:30 AM - 6:00 PM
JCK Talks & Other Educational Sessions
Showcase Stage (SH) and Social Stage (SO), The Venetian Expo, Level 2
Natural Diamond Update, 10:00 AM, SH; Recruiting, 11:00 AM, SH; Social Media, 11:30 AM, SO; Wedding Jewelry, 12:00 PM, SH; Crafting Captions, 12:30 PM, SO; Sales Track, 1:00 PM, SH; Community Engagement, 1:30 PM, SO; Navigating Changing AI Landscape, 2:00 PM, SH; 10 Most Popular Jewelry Content Trends, 2:30 PM, SO; Sustainability & Ethics, 3:00 PM, SH; Russia Diamond Sanctions, 3:00 PM, TBA; Branding & Story Telling, 3:30 PM, SO; Engineering the Ideal Workplace, 4:00 PM, SH; Influencer Collaborations, 4:30 PM, SO; Marketing Tools, 5:00 PM, SH
SATURDAY, JUNE 1, 2024
JCK Keynote: The Power to Win
San Polo Ballroom, The Venetian, Level 3
Featuring Speaker Sugar Ray Leonard 08:00 AM - 09:30 AM
Hosted by Platinum Guild International
JCK & Luxury Show Floors Open
The Venetian Expo, Levels 1 & 2 09:30 AM - 6:00 PM
JCK Talks & Other Educational Sessions
Showcase Stage (SH) and Social Stage (SO), The Venetian Expo, Level 2
Lab Grown Market Update, 10:00 AM, SH; ADA Compliance, 11:00 AM, TBA; Business Management, 11:00 AM, SH; Social Media: Dive In, Dig Deep or Ditch It, 11:30 AM, SO; Data & Analytics, 11:30 AM, SO; Consumer Trends, 12:00 PM, SH; Digital Analytics, 12:30 PM, SO; Organic Social Growth, 12:30 PM, SO; Selling Across demographics, 1:00 PM, SH; The Future of Digital Advertising, 1:30 PM, SO; Innovative AI Tools, 2:00 PM, SH; Ethical Sourcing, 3:00 PM, SH; Editorial Mindset, 3:30 PM, SO; Trusting Your Team, 4:00 PM, SH; How Creative Impacts Growth, 4:30 PM, SH; Marketing Track, 5:00 PM, SH; Integrating Offline and Online, 5:00 PM, SO.
The Plumb Club Gala Evening (By Invite Only) Brera Osteria and Canaletto Restaurants – The Venetian St. Marks Square 6:10 PM - 11:00 PM
SUNDAY, JUNE 2, 2024
JCK & Luxury Show Floors Open
The Venetian Expo, Levels 1 & 2
09:30 AM - 6:00 PM
JCK Talks & Other Educational Sessions
Showcase Stage (SH) and Social Stage (SO), The Venetian Expo, Level 2
Colored Gemstone Market Update, 10:00 AM, SH; Secret to Scaling Faster, 11:00 AM, SH; User Generated Content, 11:30 AM, SO; Trends from The Floor, 12:00 PM, SH; Optimizing with SEO, 12:30 PM, SO; Has The Customer Changed or Have We?, 1:00 PM, SH; Leveraging Social Media Ads, 1:30 PM, SO; Future Jewelry Tech Tools, 2:00 PM, SH; Targeting Generations on Social, 2:30 PM, SO; Mine to Market, Traceability & Transparency, 3:00 PM, SH; TikTok Trends, 3:30 PM, SO; Nailing Your Elevator Pitch, 4:00 PM, SH; Digital World—What’s Next, 4:30 PM, SO; Selling Through Experiences, 5:00 PM, SH
Le Vian 25 th Red Carpet Revue
Lido Ballroom, The Venetian, Level 3 4:00-7:00 PM
Facets, An Evening Benefiting Jewelers for Children
San Polo Ballroom, Level 3 6:30-9:00 PM
JCK Rocks at TAO with Flo Rida
Tao Beach & Tao Nightclub 9:00-11:59 PM
MONDAY, JUNE 3, 2024
JCK & Luxury Show Floors Open
The Venetian Expo, Levels 1 & 2 09:30 AM - 4:00 PM
WEDNESDAY, MAY 29, 2024
6:00-8:30 PM
SHOW FLOOR OPENS FOR PREVIEW EVENT
Raise a glass with friends and colleagues and get a sneak peek of our show floor in advance of our official opening day! Our Preview Event is open to ALL COUTURE badge holders.
THURSDAY, MAY 30, 2024
9:00 AM-6:00 PM SHOW HOURS
7:00 PM PARTY BY THE POOL
Join us for our Party by the Pool on Sunset Terrace. White resort wear is encouraged! Our Party by the Pool is open only to exhibiting COUTURE designers and brands, Cornerstone retailers, sponsors and press.
FRIDAY, MAY 31, 2024
9:00 AM-6:00 PM SHOW HOURS
SATURDAY, JUNE 1, 2024
9:00 AM-6:00 PM SHOW HOURS
6:30 PM COUTURE DESIGN AWARDS
Join your friends and colleagues in the Encore Theater as we announce this year’s winners of the COUTURE Design Awards! This internationally recognized design competition pays tribute to the highest level of design achievement. The COUTURE Design Awards is open to ALL COUTURE badge holders.
SUNDAY, JUNE 2, 2024
9:00 AM-4:00 PM SHOW HOURS
MSRP $1,115
THE HARVEST CF378003GTAY
The Harvest is a new take on one of our best-selling rings, The Primor. It features Grey Tantalum edges and 14k Gold designed center.
benchmarkrings.com
MSRP $605
THE DUCK CAMO CF687157GTA
The Duck Camo ring comes in a variety of metal/color combinations and features a vintage duck camo pattern created in multiple shades of Tantalum.
benchmarkrings.com
MSRP $5,220
BEST SELLER #1
RZCO179AFW310
Elegant 14K Bridal-Set featuring round diamonds in shared prong setting with a dazzling 2Ct Oval center. Perfect to showcase eternal love. Center stone not included.
brilliantelementsusa.com
MSRP $5,250
BEST SELLER #2
FE905GFY090
A beautifully crafted hoop earring in 14K with 0.90 ctw Pear shaped natural diamonds for everyday wear to be paired with matching band and bracelet.
brilliantelementsusa.com
NATURAL DIAMOND HALO STUD EARRINGS 18 K WHITE GOLD DERS05318W
CTW : 0.5 – 3 cts. This Hot Sellling evergreen Classic Halo Stud Earrings in 18K White Gold is meticulously designed and made with expert craftsmanship in the USA. Because of our global network, we are able to support transparency with reliability.
dharmfj.com MSRP $3,999 – 79,999
$11,999 – 39,999
NATURAL DIAMOND TENNIS BRACELETS 18 K YELLOW GOLD DBRY51218Y
5 – 12 cts. Our extensive collection of classic line bracelets is unique and timeless. Offered in a multitude of sizes, shapes, cuts, settings and metal colors, these timeless beauties create a singular statement or an opportunity to layer, mix and match and hence is a all time Hot Seller item.
dharmfj.com
MSRP $849
FLEXIE
FSBG5000
Elevate your style with this stunning 14K yellow gold bangle adorned with 13 round diamonds totaling 0.20 ct. iddjewelry.com
MSRP $320,000
RUBY RING
R1635
Magnificent Vivid Red Brilliant Crystal 6.12ct Emerald Cut Ruby (H) in a classic Platinum/18k Diamond (2.04) Three Stone Ring.
jackabraham.com
MSRP $7,500
SKYSET
SSBT0060Y
Indulge in luxury with this 14K yellow gold Diamond Fashion Bracelet featuring 76 lab-grown round diamonds totaling 8 ct. Set in the innovative Skysetting, these dazzling stones radiate brilliance. iddjewelry.com
MSRP $360,000
SAPPHIRE RING S1097
Outstanding Royal Blue (91.5 Gub.) Burma Sapphire (N) and Diamond Ring S=9.04 D=1.40 in a classic Platinum three Stone Ring.
jackabraham.com
MSRP $6,000
RUBY PENDANT P2056-YGR
This pendant features a stunning, natural Burmese ruby with an intense, vivid red color. At its center is a 0.87-carat Oval with a diamond surround making it a substantial and impressive piece of fine jewelry. jbjacob.com
MSRP $6,000
SAPPHIRE AND DIAMOND RING R5630-HWGS
Crafted for everyday wear, this sapphire and diamond ring is set in 14k white gold, to enhance the contrast and sustain its timelessness. The band is delicately set allowing the stunning stones to take center stage.
jbjacob.com
10K GOLD LARGE INFINITY LINK BRACELET W/ PAVE DIAMONDS
The Infinity Link Bracelet is born out of hand-carved links cast in King Baby’s proprietary 10K gold. Always solid, the links are then hand assembled and interlocked together. The bracelet is pave set with 982 diamonds with a total of 8.48 carat weight.
kingbabystudio.com
SKULL RING WITH CHOSEN CROSS DETAIL DIAMOND EYES (20TH ANNIVERSARY EDITION)
The Chosen skull ring is a King baby core Classic for 20 years. We have relaunched it with 1.25cts diamonds in each eye, breathing new life into our classic ring.
kingbabystudio.com
MSRP $2,200
DIAMOND AND BLUE
SAPPHIRE FLOWER PENDANT 9177
.19cttw diamond and .12cttw blue sapphire flower pendant set in the Marika style. Handcrafted with a soft sandblasted finish.
marikadesertgold.com
MSRP $1,900
DIAMOND AND GREEN
TOURMALINE FLOWER PENDANT 9163
.12cttw diamond and natural green Brazilian tourmaline surrounded in a bouquet of flowers with our classic Marika finish.
marikadesertgold.com
MSRP $1,775
MARDINI COLLECTION
MRDTI-015-9AYBD
This 9mm comfort-fit band features a sleek & modern design, blending durable materials such as titanium, tantalum, carbon fiber, and 14K gold. malobands.com
MSRP $1,825
MARDINI COLLECTION
MRDTN-052-7Y
This 7mm comfort-fit band, crafted from 14K gold, showcases a modern design with a laser-engraved tantalum center.
malobands.com
MSRP $725
STUNNING TWO STONE PEAR & ROUND DIAMOND PENDANT
LGD-JOP3061-GY3
A stunning pendant totaling 1.13 carats features two labgrown diamonds: a pear-shaped diamond and a roundshaped diamond, both set in 14 K yellow gold. The larger teardrop-shaped diamond gracefully contrasts with the smaller round diamond above it. The pendant hangs from a delicate gold chain, emphasizing its lustrous quality. mercuryring.com
MSRP $1,975
OVAL CUT DIAMOND HALO ENGAGEMENT RING
LGD-TXR07022-GY3
At the heart of this 3.50 cttw masterpiece lies a breathtaking 3.00-carat oval stone, meticulously set to capture and reflect light from every angle, ensuring an unmissable sparkle with every gesture. The center stone is gracefully adorned in 14K Yellow Gold, a testament to timeless beauty and unparalleled sophistication. The band, encrusted with an array of meticulously arranged smaller diamonds, offers a dazzling harmony of sparkle. mercuryring.com
MSRP $1,278
PUFF TEARDROP SNAKE CHAIN NECKLACE
Our best-selling Snake chain featuring a Puff Teardrop is everything you need and more. This hollow necklace is made in 14K gold and secures with a lobster lock.
midaschain.com
MSRP $3,123
RECTANGULAR POLISHED LINK BANGLE BRACELET
Geometrically inspired, this bangle offers endless style possibilities. It’s made in 14K gold and secures with a box lock. This bangle bracelet is nothing short of contemporary and trend-forward.
midaschain.com
SWIRL MARQUISE RING
SRR04141WHT_WYG
Smiling Rocks modern engagement ring studded in 2ct marquise lab grown diamonds 14K yellow gold. This is a perfect enagegemtn ring for the new brides.
smilingrocks.com
2024 JCK JEWELERS’ CHOICE AWARD WINNER
BK249WTPT
Awarded Best Bracelet Design –over $10,000, this exquisite piece harmoniously blends elegance, rarity, and craftmanship. Crafted in 18k white gold, it features 35.87ctw Tanzanite, 18.22ctw Pink Tourmaline, and 5.29ctw Diamonds.
stevenroyce.com
PEAR STACKED BRIDAL RING
SRR04032WHT_YG
Smiling Rocks stacked bridal ring studded in 2ct pear lab grown diamonds and crafted in 14K. It is a statement ring for any jewelry lover! smilingrocks.com
AWARD FINALIST
BK241WAL
Recognized as a finalist for Best Statement Piece –Over $100,000, this bracelet elegantly combines the allure of 29.46ctw Brazilian Alexandrite –shifting from bluish-green to purplish-red –with the celestial sparkle of 15.00ctw of Diamonds, all set in 18k white gold.
stevenroyce.com
HALO EMERALD-CUT RUBY ENGAGEMENT RING
R051EMRU_278590
Admire this beautiful halo emerald-cut ruby engagement ring from Uneek’s Precious Collection. Perfectly displaying 136 round diamonds (1.46 CTW), and 3 emerald-cut rubies (7.61 CTW) in a flashy platinum setting.
uneekjewelry.com
EMERALD GREEN TOURMALINE ENGAGEMENT RING
R090ECGT_274196
A showstopping three-stone emerald-cut green tourmaline engagement ring from Uneek’s Precious Collection. 194 round diamonds (1.52 CTW), 2 cadillac diamonds (1.14 CTW), 1 emerald-cut green (6.34 CTW) in 18KW setting.
uneekjewelry.com
REDEFINING RESPONSIBILITY
Located in Alden, NY, all of our products are Made in America with 100% recycled gold, silver, platinum & palladium from jewelry scrap & manufacturing byproducts. We are certified by the SCS GLOBAL SERVICES for 100% Recycled Gold, Silver, Platinum & Palladium. We are certified as a Conformant Smelter by the RESPONSIBLE MINERALS INITIATIVE. Our gold is COMEX APPROVED. We are a certified member of the RESPONSIBLE JEWELRY COUNCIL.
unitedpmr.com
REDEFINING INNOVATION
When it comes to quality, we set the standard for jewelry products. Offering a wide variety from jewelry alloys to karated grain, cadmium-free solders to sheet & plate, wire & sizing stock to bullion, our products can be found in the largest jewelry manufacturing facilities around the world.
A global supplier, with customers & distributions in over 22 countries, for the manufacturing of Gold, Silver, Platinum & Palladium products.
unitedpmr.com
SIGNATURE ANNIVERSARY RING
RB051U
From Uneek’s Signature Collection, this 3-Row Anniversary Ring will undoubtly have you staring in awe. 26 Round Diamonds (1.40CTW), and 10 Emerald Cut Diamonds (4.00CTW), all perfectly set in Platinum.
vandaluxury.com
BOUQUET FASHION RING
RB4016
The perfect Fashion Ring that tops any outfit. From Uneek’s Bouquet Collection, this Multi-Row Fashion Ring is curated with 163 Round Diamonds (2.15CTW), all beautifully set in 18K Yellow Gold.
vandaluxury.com
DIVINA
18K Gold Natural Diamond Necklace by Jacquie Earle. 18K Yellow Gold TDW: 1.91 (USA).
willowdiamonds.com
SUNRISE
Artisan 18K Gold Natural Diamond Earrings by Jacquie Earle (USA).
willowdiamonds.com
Green Bay, WI--We all fully understand that our success relies heavily on our employees’ satisfaction and engagement. Happy employees not only deliver better customer service but also contribute to higher sales and a positive brand image. Here are some ways you can achieve a happier workplace:
- Employees often face challenging situations and high-pressure scenarios. Acknowledge their efforts, whether through verbal praise, small rewards, or formal recognition programs. This will boost morale and job satisfaction.
Harvard Business Review (HBR) supports this notion, suggesting that managers should foster a culture of gratitude. Employees who feel appreciated for their contributions are more likely to be engaged and motivated to perform at their best.
Effective communication plays a crucial role in keeping happy employees. National Retailer Magazine recommends maintaining open channels of regular communication between management and staff. When employees understand the company’s goals, strategies and even challenges, and understand their role in achieving them, they’re more likely to feel valued and connected.
Changes often occur. Leadership should be upfront about changes in policies, procedures, or work schedules. Transparent communication helps to build trust, reduce anxiety, and increase job satisfaction.
healthy work-life balance is essential to prevent burnout. National Retailer Magazine emphasizes the need for flexible scheduling options, when possible, to accommodate employees’ personal commitments. Offering paid time off and ensuring reasonable working hours can go a long way to keeping employees happy. When they feel they have control over their work schedules and time off, they are more likely to stay motivated and committed.
- Both National Retailer Magazine and Harvard Business Review emphasize the importance of investing in employee development and career growth. Providing training opportunities, career advancement paths, and mentorship programs can keep employees engaged and motivated to improve their skills. Stores should create a learning culture where the team, whether new or seasoned, are encouraged to acquire new skills and knowledge. Those that see a future within the organization are more likely to stay committed and motivated.
Taking care of wellbeing is crucial for happiness. Offer whatever benefits you can afford like healthcare, wellness programs, and access to mental health resources. Additionally, providing a safe and comfortable work environment as well as personal space to work securely goes a long way.
Let’s face it, the acquisition cost and learning curve for great people is tremendous. Let’s do everything we can to keep them with us and happy for many years to come.
is a professional jewelry sales and operations trainer from the jeweler’s side of the counter. Having been in management and the jewelry business for over 20 years, Jimmy offers weekly training to jewelers nationwide via the Train Retail website. Jimmy is an AGS titleholder and specializes in training relevant and timely methods for jewelry teams. He can do a full training on making Bridal Presentations the best they can be, among many other regular training options. Contact Jimmy at jimmy@trainretail.com or call 920-492-1191
Green Bay, WI--Your car requires maintenance like oil changes, tire rotation and coolant flushes. You’ve learned from previous cars that if not maintained to run efficiently, eventually it costs you a heck of a lot of money. The same goes for you and your employees. Well, not you as much because you read the trade magazines and all these wonderful articles that keep you up to snuff in the industry.
But what about your staff? How much sales training and industry knowledge are they getting? According to a report by Forbes, 87% of consumers expect sales associates to be knowledgeable about the products they are selling (Forbes, 2019). When employees can confidently provide information and answer customer questions, it instills trust and confidence in shoppers, increasing the likelihood of making a sale.
A good training program where everyone is regularly engaged in a productive discussion works several wonders for your store.
1. It improves the customer experience. Research shows that 59% of consumers believe that a positive customer experience influences their shopping decisions. Are you having regular discussions about wins and losses at your store and what you can do to get more wins?
2. It builds confidence. The Harvard Business Review points out that employees who receive proper training feel more confident in their roles, leading to higher job satisfaction and performance (Harvard Business Review, 2020). Confident employees are more likely to approach customers, initiate conversations, and close more sales effectively.
3. It reduces employee turnover. According to a study by the National Retail Federation, employees who receive ongoing training are more likely to stay with their employers (National Retail Federation, 2020).
4. It allows your team to adapt to changing trends. The independent jeweler retail landscape is constantly evolving, with new technologies and consumer
preferences shaping the industry. Sales training ensures that employees stay up to date with these changes.
5. It boosts morale. Sales training programs often include recognition and rewards for top-performing employees. This not only motivates the workforce but also boosts morale. A motivated and engaged workforce is more likely to go the extra mile to provide exceptional service and drive sales.
It’s always a good time to evaluate your training, both for your veterans to keep them fresh and for your newer people. Make sure whatever you do is weekly, engaging and creates healthy discussions among your team. Just like your car, if you ignore it, eventually it will cost you a bundle.
New York, NY--Faced with budget constraints, shoppers increasingly seek advice from jewelers on allocating their budgets for luxury items, especially diamonds.
According to an article in Pymnts, Signet Jewelers, the parent company of Kay, Zales, and Jared, has observed a significant uptick in customers requesting guidance from their jewelry experts.
According to CEO Virginia Drosos, this trend reflects a shift toward prioritizing budget considerations over mere value for money, especially when choosing between natural and labgrown diamonds.
The economic environment has led to a noticeable decrease in consumer spending on luxury items, as evidenced by Signet’s report of a 6.3% drop in total sales and a 9.6% decline in samestore sales. The article cites a broader study titled “New Reality Check: The Paycheck-to-Paycheck Report,” highlighting that 60% of Americans are reducing their spending on non-essential items.
However, despite these cutbacks, there is a persistent interest in value-driven purchases during key gifting seasons.
Interestingly, even high earners are not immune to financial
pressures, with a significant number acknowledging that non-essential spending contributes to their financial strain. Yet, the popularity of luxury jewelry, particularly diamonds, remains strong.
For many, these purchases represent significant long-term investments, often facilitated by flexible payment plans such as Buy Now, Pay Later (BNPL) schemes.
These plans are becoming increasingly popular for clothing and accessories, showing consumers keen to acquire desired luxury items even with tighter budgets.
Learn more in the article on Pymnts at https://www.pymnts. com/news/retail/2024/consumers-demand-more-guidance-from-jewelers-amid-budgetary-pressures/
Barrington, IL--Gift guides can be your customers’ compass, leading them to the ideal present among your top-tier jewelry offerings. Such guides become crucial when shoppers hunt for that special something for holidays and special occasions.
To construct a guide that resonates with your audience, an article in Pink Town highlights the following:
Understand Your Customer Base: Dive into the demographics of your clientele. Consider their age, style preferences, and spending capacity to tailor your guide.
Organize Your Offerings: Categorize your products based on occasions or themes. This organization simplifies the shopping process and aids customers in their search.
Narrate the Story Behind Each Collection: Adding narratives to your sections enriches the shopping experience, making each item more than just a product but a tale to be told.
Cover a Spectrum of Prices: Cater to all by including luxury items and more budget-friendly yet fashionable alternatives.
Personalize the Experience: Introduce your store’s brand’s story and the passion that fuels your jewelry offerings, fostering a genuine connection with your customers.
The promotion of your gift guide is crucial. Here are some strategies mentioned in the article to get your guide into the hands of eager shoppers:
Maximize Social Media Presence: Use platforms like Instagram, Facebook, and Pinterest to share parts of your guide. Engaging captions and visuals can draw attention.
Engage with Influencers: Collaborate with influencers whose style mirrors that of your jewelry store. Their genuine endorsements can be a powerful tool, especially during festive seasons.
Implement Email Marketing: Craft attention-grabbing newsletters featuring your guide. Entice your subscribers with sneak peeks and easy navigation to your website and online store.
Introduce Timely Sales: Drive urgency and sales by offering limited-time promotions or early-bird discounts by holiday or occasion.
Optimize Your Online Presence: Ensure your website is user-friendly and your gift guide is front and center. Clear headlines and strong gift guide positioning on your website can guide visitors toward purchasing, enhancing the overall shopping experience.
Couple your marketing efforts with promotions that entice and reward, as mentioned in the article:
Bundle Offers: Pair complementary items at a discounted rate, increasing transaction value and simplifying shopping.
Gifts With Purchase: Offer a free item with minimum spending, enhancing the perceived value in the interest of moving inventory.
Flash Sales: Generate excitement with time-sensitive offers, especially effective during peak shopping times.
Loyalty Rewards: Encourage repeat business with a points system, rewarding loyal customers and ensuring continuous engagement.
Learn more in the entire article in Pink Town at https://www.pinktownusa.com/blog/post/ a-jewelry-and-accessory-retailers-handbook-for-gift-guides
San Francisco, CA--Sales per square foot is a critical indicator of a retail store’s efficiency and success. This metric sheds light on the effectiveness of various factors, including store layout, product positioning, customer loyalty, and marketing initiatives.
An article on Beambox dives into calculating this vital metric and explores how it can inform your business strategies to optimize retail space and improve revenue.
Per the article, the calculation of sales per square foot is a simple yet revealing process:
1. Calculate your total sales over a specified period (e.g., monthly or annual).
2. Measure the total area of your sales space in square feet.
3. Divide the total sales by the square footage.
For instance, if your yearly sales amount to $3,00,000 and your store’s area is 1,500 square feet, your sales per square foot would be $2,000. This calculation, combined with other analytics like customer lifetime value and marketing metrics, offers invaluable insights into your retail performance and potential areas for optimization.
Recognizing the average sales per square foot across different retail sectors can provide a benchmark for your store’s performance. Retail categories and locations vary significantly, with luxury retailers reporting higher figures than general merchandise stores due to product value and customer traffic differences.
For perspective, industry giants like Apple, Tiffany, and Costco report averages of $5,500, $3,000, and $1,638 per square foot, respectively. While your figures may differ, these benchmarks
help set realistic goals and adapt to evolving market trends, especially with the growing impact of online sales.
Per the article, several elements influence the performance of retail space:
- Store Layout: The design and organization of your store are paramount in enhancing the customer shopping experience, akin to website optimization.
- Location: The placement of your store affects foot traffic and sales. Prime, accessible locations often yield better sales but come with higher costs.
- Product Placement: The visibility and arrangement of products can drive impulse purchases and increase revenue per visit.
- Marketing Efforts: Effective marketing can increase store traffic and sales, especially during peak seasons.
To maximize your store’s profitability, the article notes these approaches:
- Rethink Store Layout: Enhance customer flow and product visibility. Create focal points for popular items.
- Leverage Technology: Use data analytics for customer insights and effective marketing.
- Refine Retail Operations: Enhance the shopping experience through better customer service and interactive displays.
- Optimize Product Assortment: Tailor your inventory to customer preferences and local trends.
- Implement Cross-Merchandising: Position complementary products together to encourage additional purchases.
- Use Effective Signage: Direct customer attention with clear, attractive physical or digital signage.
Learn more from the entire article on Beambox at https:// beambox.com/townsquare/sales-per-square-foot
Istanbul, Turkey--Research states that 87% of online shoppers rank price as a crucial determinant in their buying decisions. Thus, striking the right balance in pricing is pivotal: Overpricing may alienate potential customers, while underpricing can erode your profits. The art lies in compellingly pricing products, so customers feel they’re making a smart purchase.
Pricing is not just about numbers; it’s also about psychology, and an article published in Prisync suggests just that.
Psychological pricing is not a mere tactic; it’s a nuanced approach that taps into the cognitive processes of consumers. It’s been a staple in traditional retail and is now a significant game-changer in the digital marketplace. By addressing the subconscious decision-making level, psychological pricing strategies can significantly enhance sales volume and profit margins.
The article investigates the following pricing strategies.
The Magic of Number ‘9’: The number ‘9’ might seem ordinary, but it holds exceptional pricing sway. Tagging a price as $0.99 rather than rounding it up can make a substantial difference. The ‘left-digit effect’ suggests consumers focus on the first digit, making $399.99 feel substantially closer to $300 than $400. This phenomenon, used by major e-commerce platforms, can make prices seem more appealing, driving up sales.
Strategic Price Visualization: The brain’s perception of numbers and sizes can be leveraged in pricing display. Smaller font sizes can make prices seem smaller because visual and numerical magnitudes are processed similarly. Additionally, eliminating commas from prices, like $1299 instead of $1,299, reduces the phonetic length and, consequently, the perceived magnitude of the price.
Perceived Quality Through Higher Pricing: Higher prices often translate to perceived superior quality. Prestige pricing, or high prices, can align your product with notions of luxury and quality. This strategy is particularly potent in markets where consumers equate price with value, making it essential not to undermine your product’s perceived quality by pricing it too low.
Maximizing the Comparison Pricing Strategy: Shoppers instinctively compare prices before purchasing. Businesses can effectively highlight the superior product’s value by strategically positioning a high-value product alongside a more modestly priced counterpart, encouraging consumers to opt for the higher-price option.
The Advantages of Bundle Pricing: Offering products in a bundle can significantly boost sales. This strategy plays on the customer’s perception of getting more value for money, simplifying the decision-making process, and often increasing the perceived value of the primary product.
Learn more in the article on Prisync at https://prisync.com/ blog/psychological-pricing-strategies-to-boost-sales-and-revenue/
Syracuse, NY--Many factors, such as social status, sentimental reasons, and personal expression, influence jewelry shopping. This diversity in buying reasons challenges marketers to craft messages that resonate across the board.
Market research firm Drive Research’s recent collaboration with a global jewelry brand provides a practical example of navigating these challenges through targeted consumer surveys, according to the research company.
Surveying those who purchase jewelry is pivotal for grasping market dynamics and consumer preferences. It sheds light on preferred styles, materials, and pricing, which is invaluable for manufacturers and retailers.
Beyond guiding product development and pricing strategies, surveys foster customer satisfaction and loyalty by incorporating feedback into business operations.
Gaining insights into the jewelry market requires a structured approach to surveying. Here’s a breakdown per an article on Drive Research:
Define Clear Objectives: Start by specifying what the survey aims to uncover, such as purchasing motivations, product preferences, or customer satisfaction levels.
Identify Your Audience: Determine your desired respondents’ demographic and psychographic profile to ensure the survey results are relevant.
Select the Right Method: Choose a survey format that suits your audience, whether online, in-person, or a mix, to ensure ease of participation.
Design Meaningful Questions: Questions should be concise, unbiased, and aligned with your objectives. Incorporate both closed and open-ended questions to collect comprehensive data.
Deploy the Survey: Launch your survey with clear instructions and a user-friendly design to encourage participation.
Analyze the Data: Use statistical tools to examine the responses for trends and insights that inform business strategies.
A prominent jewelry and lifestyle brand sought to pinpoint growth opportunities within the U.S. jewelry market. In partnership with Drive Research, the brand embarked on a research project with three main goals: to segment the jewelry market, understand the brand’s position within these segments, and identify key growth opportunities.
The project culminated in strategic recommendations for targeting growth segments, informing the brand’s marketing and communication strategy for the upcoming year. While the detailed results remain proprietary, the process exemplified how targeted research can illuminate the path to reaching new customers and enhancing market positioning.
Learn more from the entire article on Drive Research at https://www.driveresearch.com/market-research-company-blog/survey-jewelry-buyers/
Brighton, MA--Creativity is often seen as crucial for effective advertising. However, its actual impact on sales has been debatable.
A study of 437 TV ad campaigns for consumer goods in Germany, as highlighted in an article in Harvard Business Review, provides concrete evidence that creative advertising does influence consumer behavior and sales, but not all creative dimensions are equally effective.
The research found that while creativity enhances campaign effectiveness, the impact varies across creative dimensions. Elaboration, involving detailed and extended ad ideas, significantly influences purchasing decisions. Synthesis, the combination of unrelated elements, has the least impact on consumer buying behavior. This demonstrates that the components of creativity need strategic selection to boost sales effectively.
The study also uncovered that certain combinations of creative dimensions lead to better sales outcomes. When combined with elaboration or artistic value, originality notably increases a campaign's effectiveness. This highlights the necessity of a strategic approach to employing creativity in advertising.
The effectiveness of creative advertising also differs by product category. Categories like sodas and coffee are more receptive to creative ads than functional products like shampoos
or detergents. This indicates that the impact of creativity is context-dependent, with the potential for significant sales improvements in traditionally less creative sectors.
In jewelry retail, for example, creative advertising's effectiveness could increase significantly across product categories, similar to the varied receptiveness seen in sectors like beverages versus functional goods.
This variation suggests that jewelry brands can significantly enhance sales by leveraging creativity strategically, especially in a market not traditionally known for inventive advertising. Understanding this context-dependence allows jewelry retailers to tailor their advertising strategies effectively, tapping into the potential for creativity to drive substantial sales increases.
This research provides actionable insights for advertisers and brands. Companies can enhance engagement and drive sales by tailoring ad campaigns to leverage the most impactful creative dimensions. Investing in creativity leads to higher returns, suggesting a shift towards innovative advertising strategies is beneficial.
Learn more from this seminal article in the Harvard Business Review here: https://hbr.org/2013/06/creativity-in-advertising-when-itworks-and-when-it-doesnt