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Jeweller - April Issue 2018

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INSTYLE WATCHES<br />

Kaiser said back in 2016. “The ability of the<br />

salesperson to key in on the emotional part<br />

of the purchase is in many cases just as<br />

important as the technical aspects of the<br />

timepiece itself.”<br />

Staff must also be equipped to counter<br />

an all-too-common sales rejection: that<br />

consumers don’t require watches when they<br />

have mobile phones. The best way to do<br />

this is to entice shoppers to physically try on<br />

watches of interest.<br />

“Phones do tell the time but nothing<br />

will ever replace the feeling of having a<br />

beautiful timepiece on your wrist,” Gretchen<br />

Mathews, senior vice president of human<br />

resources at watch retailer Tourneau, said in<br />

the same article.<br />

Faraday also offers some advice for<br />

capitalising on the desires of younger<br />

generations. “Choose models that are in line<br />

with the current fashion trends,” he says. “Keep<br />

your range looking fresh and always have<br />

something new and exciting to catch your<br />

customers’ eyes.”<br />

FOR THE ‘GRAM<br />

Employing some simple social-media<br />

techniques can do wonders for watch<br />

sales, and a good place to start is by<br />

taking inspiration from some of the big<br />

watch names.<br />

Last year, Omega marketed its latest watch on<br />

Instagram and then created its own hashtag<br />

– #SpeedyTuesday – so that consumers could<br />

upload images of their purchases or search<br />

directly for the watch. The simple strategy<br />

paid off as the watch reportedly sold out<br />

within four hours!<br />

Local retailers could use similar marketing<br />

ideas to improve the visibility of their latest<br />

HIPP<br />

offerings. After all, as Faraday explains, social<br />

media continues to be “very influential” for<br />

shoppers.<br />

“Consumers are more aware of the concept<br />

of a fashion watch and are matching their<br />

watches to their outfits and changing them in<br />

line with the season,” he says.<br />

Garber agrees with these sentiments.<br />

“Social and digital media has had a huge<br />

influence on consumers buying fashion<br />

watches,” she adds. “Influencers, celebrities<br />

and consumers love to share their watches<br />

on social media; consumers follow these<br />

fashion influencers to stay up to date with<br />

the colours and styles trending globally and<br />

buy into these new styles.”<br />

Keeping track of what consumers are<br />

following on social media isn’t the only<br />

strategy retailers should be employing to<br />

boost watch sales. Instead, Sceats advises<br />

those seeking additional inspiration to take<br />

notice of what’s on the fashion runways.<br />

“Look to the more fashion-forward parts of<br />

the market to determine what styles are the<br />

focus of international icons. These styles will<br />

usually trickle down the market but leave<br />

their influence in many ways, such as sizes,<br />

colours, simplicity or bling,” Sceats explains.<br />

“Look for new styles that are wearable but<br />

have features that will attract the eye of<br />

passing consumers. By adding some colour<br />

and imagery to the store windows, you will<br />

attract customers more than by just showing<br />

the same conservative styles you have been<br />

selling for several years,” she adds.<br />

Trends may come and go but consumers<br />

continue to maintain a healthy appetite for<br />

fashion watches. With a few savvy techniques,<br />

retailers can ultimately gain the upper hand in<br />

this robust sector. i<br />

Exclusive Distribution by hiPP.com.au<br />

in AU & NZ<br />

info@hiPP.com.au | 1300 132 522<br />

(NZ 0800 65 4477)

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