Making a Marketing Splash - Stuller
Making a Marketing Splash - Stuller
Making a Marketing Splash - Stuller
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E D I T O R I A L<br />
notes from Chuck<br />
many jewelers believe that<br />
their primary competition is coming from the<br />
internet. You may be surprised to learn, however,<br />
that our industry is also competing for the luxury<br />
dollar with electronics, designer accessories and<br />
clothing, and, the latest growing trend, designer<br />
handbags. We also know that women are making<br />
an increasing number of self purchases of luxury<br />
items. It is estimated that by 2010, 60% of<br />
American households will have women who will<br />
be the leading breadwinner. Today, women make<br />
85% of the purchasing decisions and influence 95%<br />
of said decisions! Don’t overlook the obvious! Our<br />
first challenge as jewelers is to attract consumer<br />
attention and create the need for jewelry. Our<br />
second challenge is to create a satisfying and<br />
memorable shopping experience for our customers.<br />
The beauty of the total experience brings them<br />
back again and again. The services that your store<br />
provides, both in the showroom and at the bench,<br />
differentiate you from your competition. Some of<br />
these services may include personalized design,<br />
protection against loss of a diamond or gem for the<br />
first year, ring sizing after the sale and tradeups to<br />
larger diamonds. Your store can also add value by<br />
providing important occasion reminders, watch<br />
battery replacements, cool drinks on hot days,<br />
free ring cleaning with any purchase and special<br />
perks for repeat customers (loyalty builders).<br />
Other value-adding touches include private<br />
appointments, free gift wrapping, designer trunk<br />
shows, prominently-displayed industry credentials<br />
and child play areas where parents can shop with<br />
limited interruptions. An article on how your<br />
bench can help add value to your store appears on<br />
page 13 of the retail section of this issue. Perhaps<br />
the most significant way to add to the perceived<br />
value of your store is by educating your customers<br />
about fine jewelry, diamonds, and gemstones. You<br />
can bet that they’ll return to the jeweler who cared<br />
enough to help them make an informed decision,<br />
while providing a beautiful product and a pleasant<br />
shopping experience.<br />
CHUCK LIEN<br />
COO<br />
CEO AND CHAIRMAN<br />
Matthew G. <strong>Stuller</strong>, Sr.<br />
president/coo<br />
Dr. Chuck Lein<br />
EXEC. VP, MERCHANDISING & marketing<br />
Harold Dupuy, G.G.<br />
EXEC. director, marketing services<br />
Kerry Hand<br />
editor in chief<br />
Miriam Werquin<br />
stullerstandard@stuller.com<br />
staff contributing writers<br />
Keri Bolfer Lori Carter, Mgr.<br />
Leslie Dumatrait, D&G Asst. <strong>Marketing</strong> Manager<br />
Ramona Gautreaux, D&G <strong>Marketing</strong> Manager<br />
Steve MacDiarmid, PR/Trade Shows Director<br />
Sarah Bradshaw<br />
Susan Kiefer<br />
design<br />
Jacqui Cheramie, Director<br />
stuller standard online<br />
Trenton Bolfer, Mgr.<br />
Ron Domingue<br />
Kim Thibodeaux, Mgr info@stuller.com<br />
contact us<br />
stullerstandard@ stuller.com<br />
www.stuller.com<br />
<strong>Stuller</strong> Standard Magazine<br />
P.O. Box 87777<br />
Lafayette, LA 70598-7777<br />
800.877.7777<br />
337.262.7785 fax<br />
photography<br />
Frank Centrilla Maggie Hidalgo<br />
Noelle White Marie Vest<br />
production<br />
Maureen Benjamin Leslie Dumatrait<br />
Shannon Guidry, Mgr. Missy Kruger<br />
Brenda Landry, Mgr. Robert Lawson<br />
Stephanie Pellerin Kisha Thompson<br />
contributing writers<br />
Claudia Rose Nancy Pier Sindt<br />
Deborah Yonick<br />
product management contributors<br />
Kathleen Blanchard, Diamond Fashion<br />
Nathan Button, Findings<br />
Chookie Diaz, Metal Fashion<br />
Dottie Lukaszeski, Metals<br />
Eleanor Lipps, G.G., Bridal<br />
James Louviere, Symbolic<br />
Mary Mouton, Mountings<br />
Denise Quebedeaux, Color Fashion<br />
Sandi Segura, Packaging & Display<br />
Virginia <strong>Stuller</strong>, <strong>Stuller</strong> & Paspaley<br />
Jodi Venable, Tools<br />
Jim Wright, Tools<br />
editorial advisory board<br />
Joe Buttross, Exec VP, Diamonds & Gemstones<br />
Linus Cortez, EVP, Finance<br />
Bob Cox, EVP, Sales<br />
Jay Jackson, EVP, Logistics<br />
Jack McKay, EVP, IT<br />
Ray Weiland, EVP, Manufacturing<br />
Chuck Bowman, BVP, Mountings<br />
Elizabeth Brehmer, BVP, Findings<br />
Joe Orlando, BVP, Gemstones<br />
J.P. Walrond, BVP, Bridal Jewelry<br />
Darrell Warren, BVP, Tools & Supplies/Metals<br />
Stanley Zale, BVP, Diamonds<br />
© 2007, <strong>Stuller</strong>, Inc. All rights reserved.<br />
The<br />
, The Forevermark, SIGHTHOLDER, and DIAMOND TRADING COMPANY are used under license from the DTC (Diamond Trading Company)<br />
JULY 2007 www.stuller.com the stuller standard <br />
Retail-July.pdf 4<br />
5/30/07 1:24:41 PM