05242018Thu
Last updateTue, 22 May 2018 10pm

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The SJG Smart Business Report - Viva Las Vegas!

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Sponsored content from the Southern Jewelers Guild 

SJG Ceasars

The heat you’re beginning to feel isn’t just the tease of summer that’s waiting around the corner. That, my friend, is the breath of Las Vegas, summoning us all to the annual “Vegas Market Madness” ritual that takes place this year between Memorial Day and June 4, with no fewer than 8 shows, many running simultaneously, and all working hard to get you to step onto their show floor for a visit.


ASHI’s ‘Timeline Sales Concept’ helps retailers increase diamond sales year-round

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Ashi bookBirthdays, anniversaries and other regular gift-giving occasions are the low-hanging fruits of jewelry sales. For most store owners and their staff, harvesting methods for these reoccurring opportunities isn’t always bountiful. To help increase their potential yields, ASHI has created Diamonds - A Gift of Love, a 24-page catalog of the company’s top selling items.

Jeweler’s early embracing of cryptocurrency pays huge dividends

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Nearly 20% of sales paid for via cryptocurrency

Cryptocurrency

(NEW YORK) - Since establishing his retail operations in 1980, Silicon Valley jeweler and gemologist Stephen Silver has demonstrated an uncanny adaptability to emerging technology. In an industry rocked by changing consumer behavior, Stephen Silver Fine Jewelry has seen tremendous sales growth since 2014. Mr. Silver expressed that their early embrace of cryptocurrency payment processing has led to a new area of consumer spending.

The Evolution of You

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Let’s talk about your logo

Every business, including the jewelry trade must keep pace with the times in which we are doing business. “Things change” can sound woefully trite, so can make you discount the importance of its truth.

NRF survey projects Mother’s Day spending to reach $23.1 billion

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Consumers plan to spend $4.6 billion on jewelry

NRF(WASHINGTON) - Mother’s Day spending is expected to total a near-record $23.1 billion this year, according to the annual survey released this week by the National Retail Federation and Prosper Insights & Analytics. A total 86 percent of Americans will celebrate Mother’s Day and spend an average of $180 per person.

NRF/IBM study sheds light on what Gen Z shoppers really want

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Gen z

“What do Gen Z shoppers really want,” the third and final installment of a global study co-sponsored by the IBM Institute of Business Value and the National Retail Federation, examines what this youngest generation considers to be “retail essentials” as well as what delights and engages them. The study, based on a global survey of 15,600 Gen Zers between the ages of 13 and 21, explores Gen Z’s expectations for the retail environment, their usage and attitudes toward technology and what customization means for them.

WJA announces free first-year memberships for students

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A Gemological Science International (GSI) sponsorship is underwriting the project

WJA(POUGHKEEPSIE, N.Y.) - The Women’s Jewelry Association (WJA) announced that it’s offering the first year of student membership free to students during 2018, thanks to a new sponsorship from Gemological Science International (GSI).

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