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January 2019SELL THE STAPLESWhen a male client worries that his wife doesn’t like jewelry, sell him one of these four products.… (Read More)
February 2018SELL SECURESecure sales techniques not only keep your jewelry safer, they make your clients happier.… (Read More)
March 2019CLIMB ABOARD THE TRAINING TRAINInvest in the most important asset you have in your store: your employees.… (Read More)
April 2019FAILURE IS NOT AN OPTIONToo many owners give up before they can succeed.… (Read More)
May 2019THE TECHNICAL DILEMMAKnowing how much technical information to deliver in your presentation can make or break the sale.… (Read More)
June 2019CLOSE THE RIGHT PERSONHe needs to hear her say “yes” before he’ll feel confident to buy.… (Read More)
July 2019START STRONGYou can’t close sales unless you ace the first 30 seconds… (Read More)
September 2019HAPPIEST WHEN CLOSED When you let the customer leave without buying, you’ve actually let them down… (Read More)
October 2019SALE INTERRUPTEDButting into another associate’s presentation will kill the sale.... (Read More)
November 2019HELP YOUR HOLIDAY HABITSHold these four sales meetings prior to the holiday selling season… (Read More)
December 2019GOING OUT IN STYLEWhat you do after the sale is more important than anything else... (Read More)
January 2018THE RULES OF ENGAGEMENT IN 2018, MAKE THIS LIST OF "ABSOLUTES" AN INTEGRAL PART OF YOUR SALES PROCESS. Store floor awareness should be our number one priority, but it is one of the weakest areas for many retailers… (Read More)
February 2018NEW YEAR'S RESOLVETO SELL MORE IN 2018, UNDERTAKE THESE EIGHT PROCESSES. Seems like everyone has New Year’s resolutions: losing weight, exercising, or being a nicer person (the No. 1 resolution for 2018 — imagine that!)… (Read More)
March 2018YOUR SALES FLOOR, MANAGEDTO MAXIMIZE YOUR SALES, YOU MUST FIRST MAXIMIZE YOUR SALES MANAGER. All the money you make starts with your sales manager. When it comes to earning, everything except a phone call starts at the front door… (Read More)
April 2018NO "I" IN TEAMWHEN SALESPEOPLE WORK TOGETHER, EVERYONE WINS - ESPECIALLY YOUR CLIENT. Did you watch this year’s Super Bowl? The team that won was not the team with the single best player. It was the team that had the best players playing together with one goal: to win… (Read More)
May 2018THE DAY I JUDGED THE CAT LADYWHEN YOU SELL OUT OF YOUR OWN POCKET, YOU CHEAT BOTH YOURSELF AND THE CLIENT. Selling out of your own pocketbook means selling what you can afford. But never assume that’s all the client can afford. If you do, you’re not just doing yourself and your store a disservice — you’re doing your client a disservice… (Read More)
June 2018TALK AIN'T CHEAPWHEN YOU TALK TOO MUCH DURING A SALES PRESENTATION, YOU PAY A MAJOR PRICE. Need to talk to someone? Find a friend, not a client. One of the biggest problems I’m seeing recently is that there’s too much talking to clients and not enough listening. In fact, I see a lot of salespeople talk right past the close… (Read More)
July 2018MURDER OF A SALEHERE ARE THE CULPRITS THAT KILL JEWELRY SALES EVERY DAY. I’ve written in the past about the positive things you can do to close sales. But here are the “sale killers” that can derail any sale if you’re not careful… (Read More)
September 201824 TIPS TO SELLING BRIDALBE WELL-PREPARED FOR YOUR ENGAGEMENT RING CUSTOMER AND EARN A CLIENT FOR LIFE. 1. Always find out what they like and what they’ve already seen... (Read More)
October 2018THE STORE REPORT CARDFIND OUT FROM YOUR CLIENTS EXACTLY HOW YOUR STORE IS PERFORMING. One of the best ways to get an honest opinion about how your team is doing is to send out a survey to your best 1,000 clients… (Read More)
November 2018HOLIDAY PEP TALKTo deliver an unforgettable holiday experience, you have to be on top of your sales game... (Read More)
December 2018THE DROPPER-OFFERThis easy sales technique can create huge diamond sales in your store… (Read More)
January 201724 SALES MEETING TOPICS FOR THE NEW YEAR Perfect practice every other week with your sales team can lead to new heights for your business. WHEN IT COMES TO SUCCESS as a retail jeweler, it all starts in the front. Your salespeople are your ambassadors to the world. And yet, many store owners still neglect to… (Read More)
February 2017WHO CARES WHAT'S IN YOUR WALLETWhen you pre-judge what the client wants based on your own budget, everyone loses. THE CREDIT CARD COMMERCIAL ASKS, “What’s in your wallet?” But if you’re selling jewelry, the answer doesn’t matter. It’s what’s in the client’s wallet that… (Read More)
March 2017BE SWEET TO YOUR CLIENTSCovering the “sweet spot” isn’t just good business, it’s old-fashioned manners. MOST PEOPLE DECIDE within the first 30 seconds whether or not they are staying to shop in your store. One of the easiest things to do to make a customer feel comfortable is to… (Read More)
April 2017THE KING OF GEMSWhen your client truly understands just what makes a diamond special, she won’t leave without one. IF YOU’RE IN the diamond-selling business, it pays to appreciate what makes diamonds so extraordinarily special. Here are some facts that you would do well to learn and incorporate into your presentations… (Read More)
May 2017BUILDING THE PERFECT BEASTThe ideal sales team is one that keeps each other—and the client—at the forefront. IN 1936, Webster’s Dictionary gave us the perfect definition of teamwork: “Work done by a number of associates, all subordinating personal prominence to the efficiency of the whole.” A successful jewelry store requires unselfish… (Read More)
June 2017GO THE EXTRA MILEWHAT YOU DO AFTER THE SALE IS JUST AS IMPORTANT AS WHAT HAPPENS IN YOUR STORE. Recently, I bought a Toyota Tacoma TRD Off Road. Soon after, I got a thank-you card from the salesperson, I got a note from the service manager telling me he would be my truck’s doctor, I got one from the… (Read More)
July 2017ANATOMY OF A MILLION-DOLLAR SALES MANAGERSALES SKILLS DON’T NECESSARILY MAKE A GREAT ONE; THE ABILITIES TO LEAD, MOTIVATE AND DELEGATE DO. Your ideal sales manager is probably not your top salesperson. They require different skill sets. The sales manager should be someone with the ability to be a… (Read More)
September 2017HOW TO SELL TO TODAY’S BRIDAL CLIENTWHILE THE FUNDAMENTALS OF SALES HAVEN’T CHANGED, THE CLIENT — AND THEIR EXPECTATIONS — HAVE. The fundamentals of selling haven’t changed and never will. But what has changed is… (Read More)
October 2017PRACTICE OLD-FASHIONED SALESMANSHIPHOW YOU CAN RAISE THE BAR ON HONOR, POLITENESS, RESPECT AND GENUINE HUMILITY IN YOUR STORE. We sell needs, wants and desires — not necessities. We sell feelings and emotions. We sell love, life and memories. We sell ways to… (Read More)
November 2017HOW TO HANDLE COMMON CHRISTMAS OBJECTIONSCONNECT WITH CLIENTS THROUGH REASSURANCE, FRIENDLINESS AND GENUINE QUESTIONS. You hear the same objections every holiday season. The top four are… (Read More)
January 2016SOLVING THE MILLENNIAL MYSTERYCompliments, company benefits and a relationship-building approach work with these young customers. A LOT OF PEOPLE IN OUR INDUSTRY have written and spoken about marketing to the new generation of jewelry buyers, but few have said anything about the type of sales approach that works with millennials. Like all clients, millennials appreciate… (Read More)
February 2016FIND OUT THEIR BUDGET (WITHOUT ASKING FOR IT)Coming up with the right questions can make the difference between a defensive client and a lifelong customer WANT TO KNOW what’s worse than assaulting a client with bad breath or smelly body odor? Asking them what their budget is!… (Read More)
March 2016DON’T SHOW AND TELL—SHOW AND SELLIt’s not enough to educate the client. You have to reassure her as well. When you’re selling jewelry, it’s not enough to list all the things you like about a product. You’ve got to romance the product, reassure the client, and… (Read More)
April 2016WHO, WHEN, HOW AND WHY TO TURN OVER THE SALE70% of clients would benefit from a team-selling approach, if done right. THE BIGGEST PROBLEM for every sales team is teamwork. People don’t want to share the load, or they don’t know how to do team-sell (or T.O.) effectively. Here are four areas to practice:… (Read More)
May 2016WHY YOUR TEAM NEEDS WEEKLY $ALE$ TRAININGA salesperson can only deliver an awesome experience if he’s taught to do so. I’M ALWAYS AMAZED that when I ask audiences how many stores do one-hour sales meetings every week, it’s almost always less than 10 percent of those in attendance. In our industry, we have a bad habit of setting up new people for failure because of… (Read More)
June 2016WANT TO MAKE MORE MONEY? FOLLOW UPTexts, notes and calls can boost sales by 18%. FOR MOST STORES, the weakest area in selling happens after the sale is closed. What do you do for your client after he or she leaves the store?… (Read More)
July 2016IF YOU THINK YOU CAN’T, YOU’RE RIGHTNothing is more important to your daily success than your attitude. What’s the most important thing you bring to work every day? Your attitude. It affects you and everyone around you, from owner to manager to sales team. Your attitude is…a choice, and unfortunately, too many people every day choose to have a not-so-good attitude, creating a… (Read More)
September 2016HOW TO SELL BRIDAL TO AN OLDER GENERATIONSlow down your pace, create an experience, and romance the event in order to close the experienced client. LATELY, the topic on everyone’s lips is how to sell to millennials. That’s certainly important, but let’s not forget the 40- to 70-year-olds, who also get married. Furthermore, there are… (Read More)
October 2016WHEN YOU WOW, WOW SMARTShowing clients impressive jewelry just above their budget leads to referrals and repeat business. NEVER PRE-JUDGE, but be smart in your judgment when you “wow” a client.…What gets referrals today is not your product; it’s the experience. It’s about you making… (Read More)
November 2016EXPERIENCE, DELIVEREDA friendly demeanor and genuine interest can turn a “just looker” into a “just buyer.” MOST SALESPEOPLE think that when clients say they’re “just looking,” it’s an objection. It isn’t. What it really means is… (Read More)
December 201622 TIPS FOR HAPPY HOLIDAY SELLINGTaking care of the tiniest details during your busy season can yield big results. DURING THE HOLIDAY SEASON, you need to stay aware of what’s happening on the showroom floor. Who’s waiting on whom? What’s happening with each client? Does a salesperson need an assist? And so on. Remember, the experience delivered is more important than… (Read More)
January 2015ONE GOOD TURNEXCEED EXPECTATIONS AND THE SALES WILL TAKE CARE OF THEMSELVES. You’ve heard of being a good Samaritan, paying it forward, doing the unexpected, being better than others, changing one’s life, and making memories? In our industry, we have the opportunity to… (Read More)
February 2015TECHNICAL FOULA PROFESSIONAL KNOWS HIS STUFF. BUT HE ALSO KNOWS EMOTION CLINCHES THE SALE. Getting too technical with customers can cost you wins. Too often, salespeople assume clients want to hear everything they know about the gemstone or the jewelry they hold in their hands. Sometimes… (Read More)
March 2015MEET A HIGHER STANDARDSET YOUR PEOPLE UP TO SUCCEED WITH THESE FIVE TYPES OF SALES MEETINGS. When store owners hire new people but don’t train them properly to sell jewelry, I think to myself, “What’s the point?” After all, in order to understand… (Read More)
April 2015YOU’RE NOT IN A CAR LOTIN JEWELRY, YOU DON’T WALK AWAY TO “TALK TO YOUR MANAGER” Have you ever used the “used car salesman” close? You know the one: The customer asks for a better price, and you say, “I’ll be right back; let me talk to my manager and see what we can do.” If you have, you’re responsible for… (Read More)
May 2015FAITHFUL FOLLOW-UP EARNS CUSTOMER DEVOTIONTHREE TOOLS TO HELP YOU STAY IN TOUCH WITH YOUR CLIENTS Being a top salesperson isn’t just about what happens when the client is in the store — it’s also about what happens after she leaves. Professional follow-up keeps clients from… (Read More)
June 2015PLAY IT SAFEPROTECT YOUR STORE’S REPUTATION BY FOLLOWING THESE RULES OF REPAIR Having an awesome repair and service shop is an immeasurable benefit for your clients. In some cases, it can allow you to outsell competitors who can’t offer these services. However, if you don’t… (Read More)
July 2015THE PEN IS MIGHTIERWHEN IT COMES TO ADD-ONS, COMPUTERS ARE TRUMPED BY GOOD OLD PEN AND PAPER Computers are awesome for inventory, bookkeeping and all sorts of reports, but when it comes to making more add-on sales, they can get in the way. Think about it: When we close the sale, we automatically turn and walk to the point-of-sale computer. As soon as you do that, you’ve told the client that she is done buying. You may be… (Read More)
September 2015SIX BRIDAL-SELLING BLUNDERSTo sell to the young, you need to understand the young. Are your bridal sales less than you’d like them to be? The first thing you have to do is recognize the mistakes you’re making. Only then can you take action to remedy them. As I travel the country visiting stores each week, these are the biggest mistakes I see… (Read More)
October 2015THE 3 BIGGEST OBJECTIONS YOU’LL HEARCustomers speak in code: understand it to close more sales. Every jeweler recognizes these three often-heard objections, but do they know how to handle them? If not, the sale is dead…what are these clients really thinking?… (Read More)
November 2015WHY AND HOW TO SET SALES GOALSIndividual and team success depends on clearly established objectives. Some salespeople show up for work each day with no expectations; others arrive with a goal in mind and a plan for reaching it. Which salesperson do you think is more productive and successful?… (Read More)
January 2014CREATING FROM SCRATCHSTART PUTTING SOMETHING BEAUTIFUL IN THEIR HANDS TO GENERATE UNEXPECTED SALES. You don’t have 200 clients coming in today to throw money at you, which means it’s time to get back into good selling habits. During the holidays, it’s easy to fall into bad habits… (Read More)
February 2014EXPAND YOUR VOCABULARYCRAFT A SALES PITCH WORTHY OF A DIAMOND. If you’ve been selling for a while, one of the biggest problems you may face is that your diamond presentations can become monotone, robotic, simple, old, boring, habitual, repeated, and non-enthusiastic. We have to kick the kindergarten vocabulary out… (Read More)
March 2014KEEP THAT SALE GOINGHOW AN OLD-FASHIONED SALES SLIP CAN HELP YOU ADD ON. Remember sales slips?…Nowadays, as soon as a salesperson sells an item, she spins and walks toward the point-of-sale system. This tells the client that the presentation is over. I’ve said it before and I’ll say it again: Clients quit buying when you quit selling. On the other hand, a physical sales slip allows you to keep the sale going and make add-on sales… (Read More)
April 2014LEAVE NO DOUBTWHAT PEOPLE WHO SAY “I WANT TO THINK ABOUT IT” ARE REALLY THINKING. “I want to think about it.” They’re those six little words we’ve all heard and dread hearing again; they mean death to a sale. But don’t give up: All is not lost! There are all sorts of possibilities for… (Read More)
May 2014THE REJECTION OBJECTIONNEVER ALLOW NO TO BE NO. I hear this all the time. Salespeople and managers say the reason they didn’t close is because sometimes they don’t like the feeling of being rejected. First of all, that’s not where rejection happens… (Read More)
June 2014THE WOW FACTORIMPRESSING THE CLIENT STARTS WITH YOU. Jewelers are loading their stores with killer inventory and spending thousands of dollars on advertising to bring people in. Yet, the national closing ratio is 23 to 27 percent in independently owned stores. A client may “ooh” and “aah” over your buildout and the size of your inventory, but unless the sales associate makes the effort to wow her, chances are… (Read More)
July 2014VALUE ADDEDIT ISN’T “CHEAPER DOWN THE STREET” IF YOU’RE DOING YOUR JOB RIGHT. One of the top objections that jewelry salespeople hear from customers is “It’s cheaper down the street.” Does this mean that the product down the street is of a higher quality and is really cheaper?… (Read More)
September 2014DRESS REHEARSALMAKE ROLE-PLAYING FUN, EFFECTIVE AND FREE OF CRITICISM. If you ever want to make a room full of sales associates cringe, just say the words, “It’s time to role-play.” As important as this activity is, no one wants to do it because it’s intimidating and often embarrassing. But the truth is, role-playing is… (Read More)
October 2014TAG, YOU ARE ITBELIEVE IN — AND RESPECT — THE PRICE ON YOUR TAGS. The price tag should exude integrity. I have accounts where the price on the tag is the price it is sold for, and no one can discount it. If they do… (Read More)
November 201415 TIPS TO MAKE CHRISTMAS SELLING FUN AND PROFITABLEHOLIDAY SEASON JOY COMES FROM BEING READY TO SELL. REMEMBER: The definition of salesmanship is your professional ability to create the desire to get your client to want the product. Ask questions , build the relationship, and earn trust. You have clients who come in only at Christmas time. Be their jeweler. Close the sale… (Read More)
January 2013DIAMONDS ARE AN INVESTMENT IN LOVEIT’S NOT ABOUT MONEY, IT’S ABOUT THE RELATIONSHIP It’s been debated for years: Are diamonds a good investment? Sure, diamonds aren’t on the commodities exchange next to pork bellies and sawdust, but according to some scales, diamonds have doubled in value every 10 years since 1940… (Read More)
February 2013THE SECRET TO WINNING OVER MR. GRUMPY? HOT COFFEEUNEXPECTED KINDNESS IS THE BEST RESPONSE TO “JUST LOOKING!” You’ve had the client who enters your store in a very bad mood. Maybe he had a bad day; maybe he just had a hangnail. Maybe he shopped somewhere else and was mistreated or pre-judged. This person says he’s “just looking” in a nasty tone of voice… (Read More)
March 2013SERVICE: A COMPANY’S HEARTBEATHOW YOU HANDLE A SIMPLE REPAIR SAYS A LOT ABOUT YOUR STORE When a client comes in for a repair, she is giving you something that is valuable and has great meaning to her. So how do you think she feels when one of these things happen:… (Read More)
April 2013HOW TO SELL PROFILE-CORRECTLEARN TO SAY WHAT COMES NATURALLY TO YOU Do you feel uncomfortable when it comes time to close the sale? Have you ever sensed that you connected with a customer but then lost the connection when you tried to close?… (Read More)
May 2013IT’S ALL ABOUT YOUA SALESPERSON IS A STORE’S NO. 1 ASSET In any sales presentation, there are always three things sold: The salesperson, the store and the product. As important as the store and the product are, your success as a salesperson starts and ends with you… (Read More)
June 2013SILENCE IS GOLDENPRACTICE LISTENING MORE AND TALKING LESS. One of the biggest complaints I hear about salespeople is that they really don’t care about the customer; they just want to sell something. That’s the worst possible attitude to have, especially if you work in the jewelry industry. Jewelry is all about feelings and emotions, and in order to be awesome… (Read More)
July 2013HELP NEEDEDBEING SHORT-STAFFED LIMITS YOUR ABILITY TO WOW CLIENTS. Every jewelry store in the country endured the recession, and many were forced to downsize. Some downsized a lot and now sales are up, showrooms are busier, but a lot of stores have not replaced staff quickly enough… (Read More)
October 2013CLOSE NATURALLYKNOW WHICH OF THE 7 TYPES OF CLOSING LINES WORKS FOR YOU I am often asked, “How can I know whether my selling profile is serpentine, missile, or sneak?” While all salespeople will use more than one of the seven types of closes, the type that’s most natural will help define your selling profile… (Read More)
November 2013INTEGRITY SALESMANSHIPIF THE CLIENT DOESN’T TRUST YOU, YOU’LL NEVER GET PAST THE GREETING As consumers, we’ve all had bad experiences with salespeople who would stop at nothing to sell their product. A salesperson can kill a brand, a dealership or a store by hiding the truth, “shading” the truth, and outright lying… (Read More)
January 2012Play Your Cards RightSet a target to hand out 500 business cards this year. TECHNOLOGY HAS CHANGED how the world communicates. One of my retail friends on the East Coast asked his repair clients how they wanted to be contacted when their repair was finished: phone, e-mail or text. More than 50 percent said… (Read More)
February 2012Give an Awesome ExperienceExceed every customer’s expectations. CLIENTS TODAY HAVE greater expectations than ever before. And while we build beautiful stores, install millions of dollars in inventory and spend a small fortune on our advertising, none of this alone will exceed expectations. What will wow clients is… (Read More)
March 2012Up Your Closings by 50%Look out for sales killers on the floor. Next time you’re frustrated about losing a sale, think about how much more frustrating it must be for the client who left. He came into your store hoping you would be the one who could meet his needs, and you failed to… (Read More)
April 2012More Sale Killers on the FloorTHINGS NOT TO DO. YOUR No. 1 priority should always be the sales floor. Whether you’re an owner or a salesperson, nothing else matters — not advertising, inventory, store environment, nor anything else if you’re not effectively working with clients… (Read More)
May 2012Use Value to SellWHEN IT COMES TO PRICE, PERCEPTION IS EVERYTHING. Want to kill a sale? One of the best ways to do it is to ask a client, “How much do you want to spend?” or “What’s your budget?” These questions put the client in a box… (Read More)
June 2012Write $1 Million a YearHERE ARE 6 TOOLS TO HELP YOU DO IT. A year ago, INDESIGN ran a story called “Million Dollar Babies” that chronicled million dollar- plus single-item sales closed by some of the best salespeople in the industry…. Here are the six tools you need in order to do it… (Read More)
September 2012It Ain’t Over ’til It’s OverYOU’VE DONE EVERYTHING PERFECTLY ... AND THE CLIENT STILL SAYS NO. For many salespeople, that’s the end — they let the client leave. They often tell me, “I don’t want to be pushy.” You’re right. You shouldn’t be pushy. But it’s not about that — it’s about… (Read More)
October 2012Your Timing Is EverythingKNOW THE TIME TO TALK AND THE TIME TO STOP. There's an adage in sales that he who speaks first after the close loses. Not true. Rather, it’s all about timing and reading your customer… (Read More)
November 2012Make More Holiday SalesGET INTO THE CHRISTMAS SELLING SPIRIT WITH THESE FOUR TIPS. Who loves Christmas time? If you said, “I do!” you’re not alone. Everyone is in a good mood during the holidays, and no one is “just looking.” Did you know that closing ratios in the jewelry industry rise anywhere from 50 percent to 80 percent? Everyone is buying something. To make Christmas selling more profitable, fun and successful, here are a few tips:… (Read More)
December 2012A Happy Ending for EveryoneDON'T ASK, TELL, WHEN CLOSING. Somewhere along the way, salespeople became confused about the close at the end of a sales presentation. They thought it would be a good idea to ask the client to buy. Never ask — tell. You don’t want the client to be able to say no… (Read More)
January 2011Don’t Let the Nibbler Eat Away Your ProfitsPart 1 of 3 columns on better negotiating. NEGOTIATION IS ONE of the most difficult aspects of selling. To do it well, it takes a lot of practice and role-playing. Clients use all kinds of tactics to… (Read More)
February 2011Keep ‘The Bogey’ out of Your GamePart 2 of 3 columns on better negotiating. On a golf course, you earn a bogey when you’re one stroke over par—in other words, you’re one stroke off the pace. One worse than average. In jewelry sales, the customer I call “The Bogey” isn’t just a little below… (Read More)
March 2011Up Your Closings by 50%Look out for sales killers on the floor. Next time you’re frustrated about losing a sale, think about how much more frustrating it must be for the client who left. He came into your store hoping you would be the one who could meet his needs, and you failed to… (Read More)
April 2011Add Value...to YourselfThe keys to a better life and better results are a positive attitude and a dedication to self-improvement. What makes a great salesperson...or a great manager, support person, jeweler, or owner? Two things: a positive outlook and… (Read More)
May 2011Pitching RotationWho’s on first? The more important question is who’s on the sweet spot? EVERY PERSON WHO walks through your door should feel like it was an honor for you to get to wait on them. How many places have you gone… (Read More)
June 2011The Short ListOrganize tasks to avoid procrastination and improve concentration. ORGANIZED CRIME IS a bad thing, sure. But for retailers, being unorganized is the real crime — for your business, your employees, your customers, and for your own personal growth. Here’s why… (Read More)
July 2011Protect Your MarginsCaving in on markup undermines your integrity and profit. LET'S FACE IT: The last three years have been tough. More jewelers have contacted me during that time to ask about net and gross profits and markups on their merchandise than ever before. I decided it was time to address this… (Read More)
September 2011Reverse Psychology SalesmanshipCut to the chase with this surprising tactic. MOST OF THE time, when a customer says “Just looking,” it’s an involuntary spoken reaction, a habit. So I like to play a fun game called “reverse psychology salesmanship.” It works like… (Read More)
October 2011Avoid Your Best GuessGUIDE your customer to her own purchasing decisions. I HATE FAILURE. I bet you do, too. When you have to guess which of two items your customer will like better, you’ve got a 50 percent chance of guessing wrong… (Read More)
November 2011Turnover TimeKnow when to let someone else close a sale. I WISH I could tell you that I’d met a sales associate or owner who could wait on and close every customer he approached. Unfortunately, it just can’t be done. There are too many… (Read More)
December 2011Listen UpTwo ears are better than one mouth as sales tools. EVER WONDER WHY you have two ears and only one mouth? (A hint: They’re not just for wiggling.) One of the biggest, most serious sale killers in any industry is not listening to the customer. Too many salespeople… (Read More)
January 2010The Power of the LoupeGive your customers a loupe, and they may just give you the sale. LET'S SAY YOU gave a stellar diamond presentation to a soon-to-be-engaged couple. You have the ring they want, the diamond they want, and the price is right, but they say they want to shop around for other diamonds. In other words, they're getting ready to walk. Tell them… (Read More)
February 2010Go Ahead, Interrupt MeHere's a sales technique that could sell you hundreds more diamonds. THIS MONTH, I'M going to explain a technique I've used to sell hundreds of diamonds to customers who didn't come in looking for one. It's called the Interruption Technique.… (Read More)
March 2010Commissions That WorkHere are 9 rules to ensure your commissions inspire sales, not discontent. EVER SEEN AN adult act like a child? If not, try installing commission-based compensation without guidelines. You’ll have your staff crying “It’s not fair!” in no time. Research tells us… (Read More)
April 2010Listen with Your Eyes, Close with FinesseSimple observation of a customer will help you smooth the close. MOST CLIENTS WILL make you work for the sale--we both know that. But when a client is ready to buy, he will give you clues. Some of these clues are verbal, but most aren’t. What you’ve got to do is… (Read More)
May 2010When Closing, Get Clued InListen with your eyes and close with finesse. Here are more tips to let you do that. THERE ARE NO sure things when it comes to body language, but knowing these clues and acting within the 30-second window they often provide, can dramatically improve your close rate. (Part 1 of this series ran last month.)… (Read More)
June 2010How To Not Blow the Easiest Sale of AllOne of the simplest sales in jewelry is the ‘clerk ticket.’ Don’t mess it up! IF MOST CUSTOMERS who walk through a jeweler’s doors are planning to buy that day (which they are), why do most retailers only close 30-40 percent of potential sales? In many cases, they are not… (Read More)
July 2010Protect Your MarginsCaving in on markup undermines your integrity and profit. LET'S FACE IT: The last three years have been tough. More jewelers have contacted me during that time to ask about net and gross profits and markups on their merchandise than ever before. I decided it was time to address this… (Read More)
September 2010Shop Your Competition with a ChecklistIf you want to grade your competition… …GO SHOP THEM (or have someone else do it). When you leave their store, go back to your car, pull out this checklist, fill it out and see… (Read More)
October 2010How To Hire RightWant to create a sales superstar? Start with the correct raw material. SALES TRAINING IS absolutely critical for any salesperson, but for the best results, you’ve got to start with someone who fits… (Read More)
November 2010Same-Side SellingQuickly build rapport by crossing the great divide. ARE YOU A cashier, or a salesperson? If you answered “salesperson,” then get out from behind the showcase! Jewelry retailing isn’t like… (Read More)
January 2009Always Be Selling YourselfYou are a sales army of one. Never forget that. WHEN ANY CUSTOMER comes into your store, you must sell three things: your product, your company and yourself. The hardest of these to sell is yourself, but it’s absolutely necessary to cultivate repeat business and referrals.… (Read More)
February 2009Spread Your Praise out LoudMake yourself the all-time favorite manager of your employees. WHOEVER CAME UP with the concept of jumbo shrimp? Or white chocolate? Sometimes, things just weren’t meant to go together. And the worst of these is constructive criticism.… (Read More)
March 2009Cultivate an Environment for Impulse BuysAssume that every customer is a millionaire and that she can afford to buy whatever she wants. THE ECONOMY IS going to do whatever it’s going to do. All you can control is the shopping experience you offer your customers. Salespeople everywhere are becoming jaded and demotivated by the news, and that’s resulting in lost sales.… (Read More)
April 2009Ramp Those Closing RatiosImagine if your salespeople could close three of every four sales. CLOSING RATIO IS everything. How much money you make, how you pay your salespeople, the experience your customers receive and their loyalty to your store - all of these depend on your closing ratio. Want to know the crazy part?… (Read More)
May 2009Build the Perfect TeamIdentify your staff's strengths and make sure everyone is reading from the same playbook. THE GREATEST SPORTS teams are comprised of players who play their position with strength, and understand they are part of team.… (Read More)
June 2009Don't Ask about PriceGive the customer-and yourself-the freedom that comes with an undefined budget. LOVE IS RECESSION-PROOF. And even in today's economy, buying decisions are not always about price.… (Read More)
September 2009Add on to Your SalesBring back the age-old paper receipt, and start making more add-on sales. COMPUTERS - I LOVE 'em and I hate 'em. Unfortunately, computers can also be sale-killers. Let me explain.… (Read More)
October 2009Think Fast, Then ReactAnalyze your presentation while the customer is still in front of you and your closing ratio will go up. YOU'VE REACHED THE end of your presentation. You think you've done everything right. But the customer must not agree, because you're not able to close the sale.… (Read More)
November 2009Feed Them By HandIf everyone knows the right-hand rule, your closing ratio stands to increase 50 percent or more. THE SITUATION: YOU'VE got a customer looking at two different items. He's undecided. "I love them both. I can only buy one of these, but I can't make up my mind," he says. What do you do?… (Read More)
December 2009Don't Sound Like a Car DealerStop Negotiating. But if you have to, abide by these six rules. YOU'RE NOT SELLING used cars, so don't sound like it. The words "we'll give you a discount" or "we'll make you a good deal" should never cross the lips of a jewelry professional.… (Read More)
January 2008Repair RewardsShane Decker offers ways to wow customers with super repair service. IF IT’S MORE important to you to make a customer than a sale, you may be missing out on golden opportunities every day — your repair customers.… (Read More)
February 2008Walk HardDon’t let that 40-something leave, warns Shane Decker. ONE OF THE BIGGEST myths in jewelry retailing is that we win customers for life when they purchase their engagement rings. Sure, they may buy a wedding set and some pearl earrings.… (Read More)
March 2008Get SchooledCreate your own store university for employees, says Shane Decker. BENJAMIN FRANKLIN ONCE said, “Genius without education is like silver in the mine.” He could just as easily have been referring to dollars in customers’ pocketbooks that never make it into the cash register of your store.… (Read More)
April 2008Halfway SellingYour job’s not done after a customer agrees to buy, says Shane Decker. ANY COACH WILL tell you that you can’t run your fastest for only half the race and expect to win. Only the athletes who run all the way through the finish line reach the pinnacle of success. The same holds true for jewelry sales.… (Read More)
May 2008Go for it: Take the InitiativeActing defensively will only hurt your chances of survival. Now is the time to start playing offense in your business mind-set. I’VE READ THE reports. I know our nation’s economy is taking a beating. I know that competition from the Internet and chain stores means independent jewelry stores have to work harder for every dollar.… (Read More)
June 2008Make Your Lab a Sales AllyKnow when and how to use grading reports in your sales presentations. They can be a great partner, with the right kind of customer. WHEN A CONSUMER calls an online diamond seller, chances are the person he’s talking to has never worked in a jewelry store. Chances are that phone operator has never taken a GIA course or even seen the diamonds he’s talking about.… (Read More)
July 2008Overrule Those Pesky Price ObjectionsWhen you show confidence in the price and knowledge about the product the customer will be more confident he’s getting what he’s paying for.NOT ALL PRICE objections are created equal....Pay attention to the inflection. Then decide on the best way to handle the objection.… (Read More)
August 2008Cast Four Types NowOne person can’t do it all. Strive to achieve managerial harmony in your store by ensuring you have four distinct personalities on your staff. WHEN IT COMES to your store, there are four roles that must be played, and you need to have the right personalities assigned.… (Read More)
September 2008Stick to Your Prices with GraceHold firm on those prices and still close more sales by offering customers options. You’ll earn respect and trust from your clientele. “ALL MY CUSTOMERS care about is price.” Sound familiar? In all my years of working with jewelers, I don’t think I’ve heard a more commonly used excuse for low sales or low profitability, or both.… (Read More)
October 2008Don’t Give up on Second-Chance SalesReconnecting with your prospect helps make the initial sale, and it could create a customer for life. MANY BASKETBALL GAMES are won or lost on second-chance points. A player shoots and misses, but instead of giving up, he follows his own shot and puts the ball back into the hoop.… (Read More)
November 2008Find the Truth Behind the “No”“No” is often the first answer on the way to “yes.” WHAT WOULD HAPPEN if police detectives gave up on a case just because their first lead didn’t pan out? We’d have a lot more criminals roaming our streets. The great detectives know that the solution is out there, and it just takes asking the right questions to uncover it.… (Read More)
January 2007Find the WhyIt’s great to romance the product, but, Shane Decker says, it’s more important to have an interest in their special event. IN TODAY’S reality-TV world, jewelry is the feel-good sitcom of retail. Unlike insurance and auto sales, which depend more on cold, hard facts, jewelry sales are based on feelings and emotion.… (Read More)
February 2007Better DealShane Decker helps you fight the discounter down the street with reasoning about prices your customers are sure to understand. “I CAN GET IT for 40 percent off down the street.” Next time you hear this, I want you to do something for me — instead of being defensive, remember that you’re an independent jeweler.… (Read More)
March 2007Set the StageIt’s up to owners and managers to get their sales teams to role-play and practice their sales skills, says Shane Decker. MARCH MADNESS ‹ THAT’S what they call the playoffs in men’s college basketball. But as crazy as the games can be, the players and coaches involved aren’t nutty. They know that in order to achieve their goals, they have to practice against each other.… (Read More)
April 2007Buck Stops HereShane Decker sorts out the chain of personal accountability. ACCOUNTABILITY: IT’S COME to be a dirty word that no one wants to hear. People don’t like to think about having to answer to anyone ‹ or having to hold anyone to his promises. But maintaining accountability could turn your store’s business around.… (Read More)
May 2007Manage to WinStrong leadership means making sacrifices, warns Shane Decker. KNOW ANYONE who is a better salesperson than you? If you’re a sales manager, your answer should be: “Yes, and they’re working for me.”… (Read More)
June 2007On Your TimeShane Decker shows you how to spend your own time wisely. HOW OFTEN DO you go to your store with a list of things to get done, but at the end of the day, even though you were busy all day long, none of the things on your list were accomplished?… (Read More)
July 2007Sell SweetYou have 30 seconds to make the right impression, says Shane Decker. HAS ANYTHING LIKE this ever happened to you? You walk into a store and you’re greeted by someone in the back doing busy work. He doesn’t get up.… (Read More)
August 2007Low-cost CoolMake yours a cool store with a few good ideas, says Shane Decker. WITH ENOUGH MONEY, anyone can build a cool-looking store. But it takes ingenuity, innovation and good old-fashioned elbow grease to provide the type of services that will keep customers coming back again and again.… (Read More)
September 2007Rare EarthShane Decker tells you why diamonds are way under-priced. (Part 1 of 2 — back by popular demand from April 2005) NO MATTER WHO YOU ARE, where your store is, or how closely you guard your margins, you should be making more money on diamonds. Why?… (Read More)
October 2007True ValueShane Decker explains why diamonds are cheap. (Part 2 of 2 — back by popular demand from May 2005) YOUR CUSTOMERS NEED to comprehend one unassailable fact: Diamonds are a bargain at today’s prices.… (Read More)
November 200720 QuestionsAnswer “yes” to every one of these after each sale, says Shane Decker. DURING THE HOLIDAY season, we tend to “clerk” sales and skip over those little things in our presentation that mean the difference between making a single sale (or worse, walking the customer) and making a customer for life.… (Read More)
January 2006Confidence, ManHey, all you salespeople who act like you don’t have the right to ask for the sale! Shane Decker has something to tell you. WOULD YOU SHOP in a store that sells a product you have absolutely no interest in?… (Read More)
February 2006Know ReturnCustomers are getting real smart, real fast. To increase your sales, you’ve got to do the same, says Shane Decker. DURING MY TRAVELS around the country, I find someone in every store challenging the sales team... (Read More)
March 2006Measure UpAre your salespeople making you money? Shane Decker tells you the different metrics that will make the answer clear. STUDENTS MEASURE themselves by their grades. Throughout our lives, we’re taught to evaluate ourselves continuously in an effort to improve. Why, then, don’t more jewelers track their selling performance?… (Read More)
April 2006The Big LieCustomers will always tell you they’re just looking. Don’t fall for it, says Shane Decker. YOU PROBABLY HEAR IT every day - “I’m just looking.” The worst part is, many salespeople actually believe it when customers say it to them.… (Read More)
May 2006Happy TimeGrumpy salespeople put a frown on Shane Decker’s face, and can kill your store’s sales. I DON’T SHOP very often. But when I do, I go with my wife, and we want to have fun. That’s why it really burns me up when I meet grumpy salespeople.… (Read More)
June 2006Traffic JamSales are stable, but you’d like to see more customers coming in? Shane Decker can help. LATELY IT SEEMS that everywhere I go, I hear the same thing from jewelry-store owners: “Traffic is down!” That may be true, but jewelry sales continue to rise. Why?… (Read More)
July 2006Escape the NetConsider e-tailers worthy adversaries, with a weakness, says Shane Decker. IS THERE A JEWELRY salesperson in the country who doesn’t cringe when they hear the words, “I’ve been looking on the Internet...”?… (Read More)
August 2006Genuine CoolThe best store design in the world won’t offset lame staff. Shane Decker lists the four things your sales associates must get right. ROME WASN’T BUILT in a day. And neither are cool stores.… (Read More)
September 2006Yule RulesEveryone makes money during the holidays. But by making the right preparations, you’ll earn so much more. MY ADVICE for the upcoming holiday selling season can be summed up in two words: managers prepare.… (Read More)
October 2006Technical FoulSmart salespeople know when to shut up, says Shane Decker. KNOWLEDGE IS POWER. But as Spider-man says,“With great power comes great responsibility.” And that’s never more true than when you’re on a jewelry sales floor.… (Read More)
November 2006Holiday BestWith the holidays nearly here, Shane Decker provides you with the keys to a king-sized selling season.DURING THE HOLIDAYS, opportunities abound. There’s no reason why you shouldn’t take advantage of each and every one. How can you stay on your toes and at the top of your game?… (Read More)
January 2005Return TripThe sale is closed. So your job’s finished, right? Wrong, says Shane Decker, it’s just beginning. WHAT YOU DO for a customer after they leave is more important than what you do when they are standing in front of you.… (Read More)
February 2005All AloneNo man is an island on the sales floor, says Shane Decker. You need teamwork to seal the deal. REMEMBER GILLIGAN, stranded on a deserted island after that “three-hour tour” went awry?… (Read More)
March 2005Be Unlike MikeIf you really want to be a superstar sales manager, stop trying to do everything. Shane Decker shows you how to share the load. HAVE YOU EVER tried to be the “Michael Jordan” of your business?… (Read More)
April 2005Rare EarthShane Decker shows you how to prove diamonds are underpriced, in the first of a two-part series. NO MATTER WHO YOU ARE, where your store is, or how closely you guard your margins, you should be making more money on diamonds. Why?… (Read More)
May 2005Rare Earth IIShane Decker offers more ammunition to prove diamonds are underpriced, in the last of a series. DIAMONDS ARE A BARGAIN at today’s prices. It’s a fact that you need to communicate to your customers.… (Read More)
June 2005Impulse BuyThe secret of becoming a sales superstar lies in turning browsers into buyers, says Shane Decker. HAVE YOU EVER bought anything on a lark?… (Read More)
July 2005To The MoonThat guy in the t-shirt and ratty jeans might just be your next big sale, says Shane Decker. So don’t blow it! I DON’T LIKE to dress up on the weekends.… (Read More)
August 2005This Is CoolExpensive carpet and luxurious display cases do not make a cool store, says Shane Decker. Amazing people do. IN MY CAREER, I’ve been fortunate enough to have visited over 3,000 jewelry stores, and I’ve seen lots of cool ones.… (Read More)
September 2005Men’s WayIt’s easy to find out what your male customers want, as long as you ask the right questions, says Shane Decker. YOUR AVERAGE MALE customer wants to be in your store for 20 minutes.… (Read More)
October 2005Pay RightHow should you compensate your sales staff? Shane Decker tells you how in the first of a two-part series. WHEN YOU GO to buy a pair of tennis shoes, you have to figure out what you want.… (Read More)
November 2005Power PlanStraight commission plans are risky, but lucrative. Shane Decker explains how to make yours work. GOING WITH a straight commission compensation plan can be like being a power hitter in baseball: either you hit a home run, or you strike out.… (Read More)
Decemeber 2005Sloppy JoeIt’s easy to fall into bad habits in the midst of the Christmas chaos. Resist, says Shane Decker. THE ONLY THING BUSIER than a one-legged cat in a litter box is a jewelry salesperson during the holiday selling season.… (Read More)
February 2004Cowardly LionsIf your salespeople aren’t showing your best stuff to every customer, they’re letting you down, says Shane Decker. Do you buy name brand shoes? Clothing? How about generic groceries… (Read More)
March 2004Higher PowerDon’t be shy ... bring out your best. Shane Decker offers four reasons you should show everyone a high-ticket item. Have you ever pulled a member of your sales team aside to ask her why she didn’t try to sell a more expensive piece?… (Read More)
May 2004Back HandShane Decker tells you how to make sure the ‘I’ll be back’ customer actually does. WHEN ARNOLD SAID IT, we all knew he meant it. Unfortunately, most jewelers aren’t so lucky when they hear those three fateful words: “I’ll be back.”… (Read More)
June 2004Answer ManThis month, Shane Decker tackles questions from Instore’s retail readers. Fire away. I HAVE AN EMPLOYEE who’s getting her gemologist degree from GIA.… (Read More)
August 2004Push TimeShane Decker tells you how to close without being pushy, and answers other burning questions from Instore readers. (This column is the last in a three-part series in which Mr. Decker received question from questions from Instore readers.)… (Read More)
September 2004Poor ExcuseIt’s hard to sell high-end when you’re scared, says Shane Decker. HOW DO you train salespeople to sell items over $10,000? Salespeople have to get over the “poverty-level mentality” and not assume the customer can’t afford your more expensive jewelry.… (Read More)
October 2004Missed AgainThe holidays mean more lost opportunities than any other season, says Shane Decker. YOU LOSE more sales during the holidays than any other time of the year. Yes, you read that correctly!… (Read More)
November 2004Like a RockWhen that inevitable stare-down over prices occurs, don’t blink, says Shane Decker. “ALL MY CUSTOMERS care about is price.” Sound familiar?… (Read More)
Shane Decker is a featured contributor to Instore, the magazine for the American jewelry store owner. Having provided much sought-after sales training for more than 3,000 stores worldwide, you will gain valuable insights from each article. Run your cursor over the year and month to find a specific article or start at the beginning and read them all. In his two Rare Earth columns (April & May 2005), Shane urged jewelry salespeople to remember what makes diamonds so incredible, and therefore so valuable. He reminded them that diamonds are desired for their emotional voltage, and should not be thought of as commodities. In so doing, he gave store owners a priceless training tool -- which is one reason why these columns continue to be among our most requested. This is must-read material for anyone who sells diamonds for a living. Be sure to check back often for new articles with valuable lessons.
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