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 />
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