Please welcome Dan Globus of Digital Solutions for Jewelers (DS4J) to The BIG Network. This BIG Tip is the second in a series of articles that Dan will be writing dedicated to both retailers and vendors. Is your website mobile friendly? Why you need to be concerned about this?
The BIG Network was created to provide the link allowing the much needed collaboration between retailer and supplier. As vendors enroll in The BIG Network, retailers are able to share their data with that specific vendor. Contact BIG for instructions. GN Diamond has been in business for over 35 years with offices in Israel and Philadelphia.
While we often hear that the way we do business needs to change in order for us to remain competitive, few have offered viable solutions. One of the ways the industry can strengthen is through a closer collaboration between retailers and vendors.Through true partnerships, we believe we will be able to work together.
This is a question that I get asked a lot. I was recently appointed the new Chairman of the MJSA (Manufacturing Jewelers and Suppliers of America). I have had the pleasure of being interviewed a few times over the last month or so, and inevitably this is a question that keeps getting repeated. And each time [...]
Thoughts from Ann Arnold, BIG's Chief Strategy Officer: Identity Theft can put a cramp in the holiday season! With the holiday's upon us, one thing that sits in the back of everyone's mind is identity theft. We work so hard to make our holiday sales count, that even one bad sale can really spoil that holiday [...]
By Abe Sherman Around the first week of September, I wrote a rather long article about synthetic diamonds. It had very limited distribution; I only sent it to our Plexus members because I wanted to discuss the subject during our fall Plexus meetings to get a sense of how jewelers were feeling about the subject, [...]
What makes customers go "yuk" and leave your store: Turn-off's Look around as though you are the customer. We are now in our fourth quarter when most retailers do a large percentage of their annual business and the traffic count is much higher than other months of the year. These are some of the top turn-off's [...]
When is your store the most vulnerable to theft? When the safe is opened and the merchandise has not yet been set and locked in the showcases (during store opening procedures). The same applies to your closing procedures. Keep Doors Locked - During opening and closing processes. Do not leave door unlocked because an employee "will [...]
Thoughts from Ann Arnold, BIG's Chief Strategy Officer We constantly hear from our clients and colleagues that this industry has to change. For those that do not know me, prior to joining the BIG team earlier this year, my family and I owned Lieberfarb bridal manufacturing company for over 40 years. As many others in this [...]
It’s important to understand the nature of budgeting inventory using a formula. I have attempted in this article to explain an approach for determining inventory levels that can be used by any business, regardless of its makeup. However, using a goal, such as GMROI to arrive at an inventory budget does not address the myriad [...]
