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Here Are 5 Promotions That Don't Cost A Dime For Jewelry Stores
When you've been in business long enough, you know there is no free lunch. There is always an opportunity cost for your time, but rolling up your sleeves and accomplishing something without compromising your bottom line is a great feeling.
It's not essential to have a sale, put on an event, or have a wide-reaching advertising presence when it comes to jewelry store promotion ideas. Retailers often use these five strategies along with their regularly scheduled seasonal promotions to maximize the impact of their campaigns:
Promotional Ideas for Jewelry Stores
1. Contact Information Collection
Begin building relationships right at the point-of-sale by obtaining email addresses, addresses, telephone numbers, and any other information that can be used in order to get in front of your loyal customers.
You need to take advantage of the 80/20 rule (20% of sales come from 20% of your customers) and spend time appealing to those who already trust and know you. You can use reminders to remind your loyal customers of cleaning and maintenance tasks, as well as appraisals, instead of only communicating when ...
... you are having a sale.
You can choose to provide the services you provide to customers who insure their personal jewelry with Jewelers Mutual, so that you become their preferred jeweler. Better yet, you will receive payment directly from Jewelers Mutual for any claim work you perform.
2. Use Industry Resources
Yes, there's an upfront cost associated with being a member of a group like Jewelers of America (JA), but its free marketing and promotional resources are reasons to become and remain a member.
It can be helpful for small businesses that do not have an official marketing department to think of JA as an extension of their marketing department to promote their products and boost consumer awareness of jewelry in general.
3. Join the Online Community
Creating a business social media presence is now important if you want to market your business successfully. You may find it difficult to generate ideas for original content. Rather than keep quiet while you think about what to post, here are a few suggestions.
Look at what others in the jewelry industry are doing. Take advantage of Jewelers Mutual and American Gem Society's social media platforms and share their posts with your friends or add your own twist to their content.
Let them know what you think. We would love to hear your thoughts. Can you tell me how you got started in the jewelry business? How do you feel about your neighborhood and your community?
Take photos and post them to Instagram. Have they recently gotten engaged? You can share their photo with them and ask their permission to share it on your social media pages or ask them to tag you in their social media announcement of the big news.
4. Offer an Experience Your Customers Will Remember
In today's world, consumers want to remember and share an experience with others that will be memorable and memorable. Listed here are some tips for creating meaningful experiences for consumers and businesses:
• Make your product excellent and competitively priced
• Give the customer an enticing shopping experience
• Be committed to the community beyond jewelry sales - find a deeper meaning to your business.
5. Make a Loyalty Program a Consideration
Research shows that Gen Z and millennial users alike appreciate the convenience and personalization of programs. Boost your jewelry store's presence on social media with a loyalty program announcement.
The Jewelers Mutual offers a variety of premium jeweler programs designed to help jewelry business owners improve the overall customer experience through after-sales services. Furthermore, these programs are an excellent way to build your company's reputation and grow your business.
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