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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

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