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VOICE OF THE AUSTRALIAN JEWELLERY INDUSTRY<br />

OCTOBER <strong>2018</strong><br />

Silver lining<br />

THE LATEST TRENDS<br />

IN WHITE METAL<br />

Print power<br />

+ +<br />

HOW 3D PRINTING HAS<br />

SHIFTED THE INDUSTRY<br />

IJF review<br />

A LOOK AT THIS YEAR’S<br />

SYDNEY TRADE FAIR


Registered trademark and designs. Patents pending - Copyright © <strong>2018</strong> Altesse.<br />

Made in France<br />

contactaus@lesgeorgettes.com - @lesgeorgettes_byaltesse


WORLD SHINER PTY. LTD.<br />

www.worldshiner.com<br />

Sydney Brisbane London<br />

New Zealand<br />

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Middle East & Europe: +972.3.575.0011 Far East: +852.2111.2811 America: +1.212.302.0002


THE LATEST TRENDS<br />

IN WHITE METAL<br />

VOICE OF THE AUSTRALIAN JEWELLERY INDUSTRY<br />

HOW 3D PRINTING HAS<br />

SHIFTED THE INDUSTRY<br />

OCTOBER <strong>2018</strong><br />

A LOOK AT THIS YEAR’S<br />

SYDNEY TRADE FAIR<br />

CONTENTS<br />

OCTOBER <strong>2018</strong><br />

17/<br />

25/<br />

33/<br />

FEATURES REGULARS BUSINESS<br />

17/ SILVER LINING<br />

Retailers can offer a point of<br />

difference with sterling silver, proving<br />

that it’s no basic white metal.<br />

25/ PRINTING POWER<br />

Take a look at the latest advancement<br />

in 3D printing technology and<br />

what is next.<br />

33/ IJF SUCCESS<br />

A reflection on this year’s<br />

Sydney Trade Fair and its<br />

informative seminars.<br />

9/ Editorial<br />

10/ Upfront<br />

11/ News<br />

15/ ARA<br />

41/ Gems<br />

Colour investigation: topaz<br />

49/ My Store<br />

Be inspired by the most<br />

unique store layouts around.<br />

50/ 10 Years Ago<br />

51/ Calendar<br />

52/ My Bench<br />

54/ Soapbox<br />

A concise social media presence<br />

brings consumers in store,<br />

Andrew Ioannou explains.<br />

43/ Business feature<br />

Profit margins are a key metric<br />

in measuring success,<br />

Francesca Nicasio explains.<br />

45/ Selling<br />

Bernadette McClelland shares<br />

seven conscious selling tips.<br />

46/ Management<br />

Managers can motivate all<br />

employees, Doug Fleener<br />

encourages.<br />

47/ Marketing<br />

In an age of disengagement,<br />

Barry Urquhart says it’s important<br />

to communicate loud and clear.<br />

48/ Logged On<br />

The success of an online marketing<br />

campaign is not just dollars and<br />

cents, Mandy Edwards explains.<br />

Silver lining<br />

Print power<br />

+ +<br />

IJF review<br />

Front cover description:<br />

DSM’s Galaxy Collection boasts<br />

a dazzling range of exquisite<br />

diamond halo rings, available in<br />

nine certified diamond cuts.<br />

For more information<br />

visit dsmpacific.com.au<br />

<strong>October</strong> <strong>2018</strong> <strong>Jeweller</strong> 5


SHOWCASE<br />

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BUSINESS OF<br />

GROWING YOUR<br />

BUSINESS.<br />

Contact us today<br />

We’re ready when you are. So if you think it’s time to get serious about where you’re going, email us today.<br />

Our team will be happy to show you how we can grow your business together.<br />

Email: enquiries@showcasejewellers.com.au<br />

www.showcasejewellers.com.au


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OVER 35 YEARS EXPERIENCE IN DIAMOND MANUFACTURING AND WHOLESALING


EDITORIAL<br />

COMMON SENSE FOR COMMON PURPOSE, PLEASE!<br />

Another International <strong>Jeweller</strong>y Fair (IJF) has<br />

come and gone and the ‘buzz’ on the first day<br />

caught many by surprise; the atmosphere<br />

among the retailers and exhibitors was<br />

certainly upbeat.<br />

It’s no secret that the jewellery industry<br />

has been doing it ‘tough’ for the past<br />

two years, though it is not the only retail<br />

sector affected by Australia’s current, weird<br />

economic conditions – the economy is<br />

strong but people aren’t spending, so it was<br />

understandable that neither suppliers nor<br />

retailers had high hopes for this year’s Fair.<br />

Expertise Events announced that visitor<br />

attendance has increased over last year’s<br />

event and while it did appear that the<br />

mood and numbers were up, it should be<br />

remembered how significantly JAA-created<br />

industry division and turmoil affected the<br />

2017 event.<br />

What I found more interesting is the<br />

change in the pattern of visitor attendance;<br />

traditionally, Sunday has been the busiest<br />

day but there was no doubt that Saturday<br />

was much busier this year.<br />

Sadly, 2017 was not a stellar year for the<br />

Australian jewellery industry and the Fair<br />

offered a chance to put that behind us.<br />

Certainly there were many more smiling faces<br />

this year and it felt once more like the good ol’<br />

days where everyone gathers at the Fair to see<br />

old friends and colleagues.<br />

Speaking of the ‘good old days’ I think that too<br />

many people attempt to compare the Fair to<br />

the boon times of 8–10 years ago. Exhibitors<br />

and visitors with whom I spoke all noted the<br />

improvement over last year but some still pine<br />

for the glory days, which is unrealistic.<br />

One supplier at the Fair was quick to point<br />

the finger at many people when I was<br />

discussing this topic. When I asked him if his<br />

business was just as good as it was in 2010,<br />

he replied, “No”.<br />

I asked him if that was his fault and he<br />

answered, “Of course not, times are tough”.<br />

So he didn’t want to be held accountable<br />

for the state of his business, but in the same<br />

breath blamed it on others for the wider<br />

industry woes!<br />

Back to my point, we have little control over<br />

macro-economic issues but we can get back<br />

to the good ol’ days of an industry that is<br />

unified and cohesive.<br />

I think it’s interesting to note that Leading<br />

Edge is considering scheduling its annual<br />

members’ conference to take place during<br />

next year’s Fair, rather than at a separate<br />

location prior to the event.<br />

Unlike Nationwide, which coordinates<br />

member activities and education, as well as<br />

its annual awards at the Sydney trade show,<br />

Leading Edge and Showcase organise their<br />

events in the days before.<br />

There has been growing dissatisfaction from<br />

suppliers about the inconvenience and<br />

WHILE WE ARE<br />

DISCUSSING<br />

COMMON<br />

SENSE MATTERS,<br />

PERHAPS WE<br />

COULD LOOK<br />

AT A MORE<br />

SENSIBLE<br />

APPROACH TO<br />

THE VARIOUS<br />

JEWELLERY<br />

DESIGN AWARDS<br />

TOO<br />

expense of attending three separate events –<br />

the Leading Edge event, the Showcase event<br />

and the Fair – all of which could easily be<br />

conducted under one roof at the same time.<br />

This convergence of events used to happen<br />

many years ago so there’s no reason why all<br />

three buying groups can’t work together with<br />

Expertise Events for the benefit of the whole<br />

industry, especially after the JAA’s disastrous<br />

attempt to divide the trade.<br />

Wouldn’t it be a great thing to see everyone<br />

under the one roof in 2019?<br />

While we are discussing common sense<br />

matters, perhaps we could look at a more<br />

sensible approach to the various jewellery<br />

design awards too. There are at least three<br />

major competitions – JAA Design Awards,<br />

<strong>Jeweller</strong>y Design Awards, Diamond Guild<br />

Awards – as well as a few smaller events, all<br />

serving a small audience.<br />

There’s so much duplication here, with all<br />

three competitions seeking sponsorship<br />

from the same companies.<br />

There’s an argument to be had that common<br />

sense could prevail here too.<br />

Indeed, let’s nominate 2019 as The Year of<br />

Common Sense for the Australian jewellery<br />

industry and hopefully achieve a return to<br />

the good ol’ days.<br />

Coleby Nicholson<br />

Managing Editor<br />

<strong>October</strong> <strong>2018</strong> <strong>Jeweller</strong> 9


UPFRONT<br />

18-carat gold.<br />

The finish you<br />

can achieve with<br />

it can’t be done<br />

with any other<br />

metal; it’s the gold<br />

that everyone<br />

aspires to wear.<br />

What is your favourite metal to work with and why?<br />

DOMINIC FOTIA,<br />

DOMINIQUES<br />

JEWELLERS<br />

BULLETIN BOARD<br />

n JEWELLERY MAIL<br />

Subscription services are infiltrating all<br />

industries and now jewellery is getting<br />

in on the action. US company Bezel Box<br />

has a website where users can curate<br />

their jewellery style and receive a<br />

monthly box of five pieces. “You’ve got<br />

mail” never looked so good!<br />

n TEMPORARY RING<br />

US jeweller Helzberg Diamonds<br />

debuted its “Will You?” rings for<br />

proposals intended to precede<br />

engagement ring purchases. The ring<br />

comes inscribed, “This is a ring, not<br />

the ring.” Engaged couples can then<br />

purchase the ring together in store at a<br />

discounted price. Win, win!<br />

n VENDING JEWELS<br />

Brands from Uniqlo to Moët started<br />

selling products in vending machines<br />

to create a talking point for their<br />

marketing strategies, and now Tiffany &<br />

Co has jumped on the bandwagon. Its<br />

new Covent Garden store introduced<br />

a vending machine to distribute its<br />

fragrance line. While retailers may<br />

not want to “claw” onto this trend, it<br />

is another example of the company<br />

thinking outside the box.<br />

We make<br />

everything<br />

14-carat gold<br />

because the<br />

customer likes<br />

it and it has<br />

proven that it can<br />

continue to be<br />

popular.<br />

SUNIL SUCKLECHA,<br />

DIVINE JEWELS<br />

DIGITAL<br />

BRAINWAVE<br />

14-carat gold, it’s<br />

the most popular<br />

in the US where<br />

we manufacture.<br />

95 per cent of our<br />

products are made<br />

in 14-carat.<br />

RON MARDKHAI,<br />

ROYAL JEWELRY<br />

ADVANCED STORIES<br />

Retailers can benefit from Instagram’s new nifty<br />

update – those with business accounts can now<br />

review their stories. Instagram Stories are used<br />

to show temporary photos and videos that only<br />

remain published online for 24 hours unless saved.<br />

The new update offers retailers an opportunity to review their content and analyse<br />

its audience impressions and engagements. The feature also helps users to get a<br />

deconstructed look at who is viewing their content and when, with options to review<br />

over 24 hour, weekly or fortnightly periods. Retailers can also look at how many users<br />

clicked on the content or who visited the website as a result of the story, providing<br />

business owners with even more comprehensive data.<br />

TOP PRODUCT<br />

Seiko Australia’s new Save the Ocean collection<br />

showcases its Limited Edition automatic<br />

mechanical watches. As part of the vintage Seiko<br />

range, the turtle diver’s watch is made of stainless<br />

steel and features a turtle-shaped case with a navy<br />

blue dial. The watch has a distinct blue graduated<br />

dial protected by a hardened mineral glass.<br />

VOICE OF THE AUSTRALIAN<br />

JEWELLERY INDUSTRY<br />

jewellermagazine.com<br />

Managing Editor<br />

Coleby Nicholson<br />

Associate Publisher<br />

Angela Han<br />

angela.han@gunnamattamedia.com<br />

Journalists<br />

Lucy Johnson<br />

lucy.johnson@jewellermagazine.com<br />

Keith Noyahr<br />

keith@gunnamattamedia.com<br />

Advertising Manager<br />

Julie-Anne Bosworth<br />

julieanne@jewellermagazine.com<br />

Production Manager<br />

& Graphic Design<br />

Jo De Bono<br />

art@gunnamattamedia.com<br />

Accounts<br />

Paul Blewitt<br />

finance@gunnamattamedia.com<br />

Subscriptions<br />

info@jewellermagazine.com<br />

<strong>Jeweller</strong> is published by:<br />

Gunnamatta Media Pty Ltd<br />

Locked Bag 26, South Melbourne,<br />

VIC 3205 AUSTRALIA<br />

ABN 64 930 790 434<br />

Phone: +61 3 9696 7200<br />

Fax: +61 3 9696 8313<br />

info@gunnamattamedia.com<br />

Copyright: All material appearing<br />

in <strong>Jeweller</strong> is subject to copyright.<br />

Reproduction in whole or in part is<br />

strictly forbidden without prior written<br />

consent of the publisher.<br />

Gunnamatta Media Pty Ltd strives to<br />

report accurately and fairly and it is<br />

our policy to correct significant errors<br />

of fact and misleading statements in<br />

the next available issue. All statements<br />

made, although based on information<br />

believed to be reliable and accurate at<br />

the time, cannot be guaranteed and<br />

no fault or liability can be accepted<br />

for error or omission. Any comment<br />

relating to subjective opinions should<br />

be addressed to the editor.<br />

Advertising: The publisher reserves<br />

the right to omit or alter any<br />

advertisement to comply with<br />

Australian law and the advertiser<br />

agrees to indemnify the publisher for<br />

all damages or liabilities arising from<br />

the published material.<br />

10 <strong>Jeweller</strong> <strong>October</strong> <strong>2018</strong>


Silver Fusion<br />

<strong>Jeweller</strong>y<br />

NEWS<br />

Duraflex takes over Mondaine watches<br />

Duraflex Group Australia (DGA) announced<br />

it would introduce Swiss watchmaking<br />

company Mondaine to its stable of watch<br />

brands that were on display at the<br />

Sydney Fair.<br />

DGA’s exclusive distribution of Mondaine<br />

watches will commence for retailers on 7<br />

<strong>October</strong>, but the International <strong>Jeweller</strong>y Fair<br />

provided the supplier an opportunity to<br />

showcase its collection in advance.<br />

DGA director Philip Edwards said he was<br />

proud of the announcement in late August<br />

and was pleased to see the company’s<br />

continued partnership with SwissTimeHQ.<br />

“The addition of the Mondaine brand to<br />

our watch division is another important<br />

development for the planned growth of<br />

our business as a leading multi-branded<br />

distribution company,” he said.<br />

“The team at SwissTimeHQ has over the last<br />

15 years imported, distributed and serviced<br />

Mondaine timepieces and has, in the<br />

DGA NOW DISTRIBUTES MONDAINE WATCHES<br />

process, established a very loyal following<br />

for the brands, and DGA is looking forward<br />

to maintaining and building the brand<br />

further in the market.”<br />

DGA recently announced the distribution<br />

of three new brands in Australia and New<br />

Zealand: Ania Haie, Save Brave and Limit, all<br />

of which will be showcased at IJF.<br />

Mondaine has been hailed for its simple<br />

design and easy-to-read face. It has joined<br />

other watch brands: Jag, Police, TW Steel,<br />

Sekonda, Limit, Hirsch within DGA.<br />

Leading Edge considers changes<br />

Stunning European 925 sterling silver<br />

jewellery now available in Australia & NZ<br />

Norwegian<br />

Children’s<br />

<strong>Jeweller</strong>y<br />

Tahitian Pearls<br />

AUSTRALIA<br />

Leading Edge Group <strong>Jeweller</strong>s is<br />

considering a strategic shift in 2019<br />

by organising its annual conference to<br />

take place simultaneously with the<br />

International <strong>Jeweller</strong>y Fair (IJF) rather than<br />

prior to the fair.<br />

IJF organiser Gary Fitz-Roy said he had been<br />

in talks with Leading Edge general manager<br />

Joshua Zarb to shift its conference to avoid<br />

a clash with trade fair week.<br />

The negotiation is a sequel to Leading Edge<br />

opting to host its annual conference and<br />

Christmas buying event in the days leading<br />

up to the <strong>2018</strong> IJF, which results in suppliers<br />

and retailers having to attend two events in<br />

different locations.<br />

Fitz-Roy said that a change of strategy<br />

would follow Nationwide’s model which<br />

has been in place for more than 25 years<br />

where a member’s conference is held<br />

earlier in the year however Nationwide<br />

organises members activities at the IJF<br />

incorporating suppliers into their program.<br />

“Josh has been proactive at looking for<br />

ways of working on a solution for a more<br />

fully incorporated solution over the Fair<br />

days. This is a major change in format for<br />

the group, so it’s understandable it will take<br />

some time to work it through”<br />

Leading Edge held its annual conference<br />

in Sydney from Wednesday 22 to Friday 24<br />

August, concluding the day prior to the<br />

IJF in Sydney’s Darling Harbour. While no<br />

final decision has been announced, Zarb<br />

said he was working with Leading Edge<br />

management to ensure if followed through,<br />

the decision will benefit all parties involved.<br />

“Since our meeting I have discussed this<br />

with my team. In principle we are 100 per<br />

cent open to the idea of doing this for the<br />

reasons discussed and for the benefit of<br />

the industry.”<br />

The 2019 Fair will run at the ICC Darling<br />

Harbour from 24-26 August.<br />

+ MORE BREAKING NEWS<br />

JEWELLERMAGAZINE.COM<br />

South Sea cultured black pearls<br />

from the pristine waters of Tahiti<br />

no minimum orders or online sales<br />

vibekehenriksen@hotmail.com<br />

0411 725 740<br />

119 Kiera Street, Wollongong NSW 2500


NEWS<br />

WA mine yields “mother lode” of gold<br />

12<br />

1/3 PAGE<br />

VERTICAL<br />

A mine in Western Australia originally<br />

intended to produce nickel recently yielded<br />

over $15 million worth of gold.<br />

A site close to Beta Mine, 630km east<br />

of Perth, recently brought up specimens<br />

of gold weighing up to 90kg in what<br />

miners have described as “the mother lode”<br />

of a discovery.<br />

Henry Dole, a miner from the nearby<br />

township of Kambalda, has been credited<br />

with the discovery when he drilled<br />

holes into the wall of the mine and<br />

detonated explosives that uncovered the<br />

“unprecedented” gold.<br />

“Everything was covered in dust, and as I<br />

watered the dirt down there was just gold<br />

everywhere, as far as you could see,” Dole<br />

told the ABC.<br />

The largest specimen of quartz rock<br />

weighed 90kg and was covered in an<br />

estimated 2,300 ounces of gold, believed to<br />

be worth $3.8 million while another 60kg<br />

specimen contained 1,600 ounces equal to<br />

about $2.6 million.<br />

The mine, owned by Canadian company<br />

RNC Minerals, had been mined for nickel<br />

prior to the discovery made 500m below<br />

the surface. RNC president Mark Selby said<br />

the specimens would be put up for auction<br />

and the company anticipates collectors<br />

will be most interested in purchasing the<br />

pieces for their collectable value rather<br />

than for their estimated value in gold.<br />

“Given the rarity of the rock, and the<br />

physical beauty and presentation of the<br />

gold that’s there, it’s a very spectacular<br />

stone in multiple ways so we’ll see whether<br />

20, 30 or even 50 per cent premiums apply<br />

here,” he told the ABC.<br />

The discovery was a shock for the<br />

township of Kambalda, which has been<br />

going through hardship with four major<br />

mine closures in three years resulting in<br />

hundreds of job losses.<br />

“The biggest [gold nuggets] are around<br />

2,000 ounces, so this is right up there in<br />

terms of the largest specimens we’ve ever<br />

seen,” Selby said.<br />

Synthetics join the diamond definition<br />

SAMS GROUP<br />

AUSTRALIA<br />

E pink@samsgroup.com.au<br />

W samsgroup.com.au<br />

P 02 9290 2199<br />

The US Federal Trade Commission (FTC)<br />

has amended its definition of “diamond”<br />

to include the synthetics, a move that<br />

synthetic diamond laboratories have<br />

applauded, while diamond miners and<br />

manufacturers are not impressed.<br />

The word “natural” has been omitted in<br />

the new definition while regulations in<br />

marketing diamonds have been altered<br />

to refer to synthetics as “gem” and<br />

“gemstones” while requiring they specify<br />

laboratory production.<br />

The FTC’s previous definition of a diamond<br />

read: “A diamond is a natural mineral<br />

consisting essentially of pure carbon<br />

crystallized in the isometric system.”<br />

The words “gem” and “gemstones” when<br />

marketing the synthetic version were<br />

banned prior to the amendment.<br />

Ada Diamonds CEO Jason Payne applauded<br />

FTC’s decision to lift the ban on the use of<br />

the word “gemstone” and said the move<br />

had cemented synthetics’ place on the<br />

diamond market.<br />

“The mined-diamond industry has, in the<br />

past, successfully lobbied the FTC to ban<br />

these words from the lab diamond lexicon.<br />

Now the FTC has reversed that decision,” he<br />

told Forbes.<br />

“’Synthetic’ is a scientifically inaccurate term<br />

for a man-made diamond,” he added. “Why?<br />

Because you can’t synthesise an element;<br />

there is no such thing as synthetic gold or<br />

platinum or carbon or diamond.”<br />

In its statement, the FTC claimed a<br />

change to the definition of diamonds<br />

was necessary due to the production of<br />

synthetic diamonds on the market, which<br />

did not exist when it was originally defined.<br />

“When the commission first used this<br />

definition in 1956, there was only one type<br />

of diamond product on the market —<br />

natural stones mined from the earth,” the<br />

FTC stated.<br />

“Since then, technological advances have<br />

made it possible to create diamonds in a<br />

laboratory. These stones have essentially<br />

the same optical, physical and chemical<br />

properties as mined diamonds. Thus, they<br />

are diamonds.”


NEWS<br />

Adina Watches Polocrosse timekeeper<br />

Visitors at the International <strong>Jeweller</strong>y Fair<br />

were treated to some horsing around when<br />

Adina Watches invited two special guests<br />

to the Sydney ICC.<br />

The Queensland-based watch company<br />

invited retailers to pose with two<br />

polocrosse horses to announce its<br />

partnership with the Polocrosse World<br />

Cup 2019.<br />

Dubbing its role as the official timekeeper<br />

of the event, Adina Watches general<br />

manager Grant Menzies said the horses’<br />

presence created quite a spectacle.<br />

“The announcement was a few weeks ago<br />

to the national media, but we kept it under<br />

wraps in the trade as much as we could<br />

with the view to make an impact at this<br />

year’s International <strong>Jeweller</strong>y Fair. The hope<br />

was to create a bit of novel excitement and<br />

some theatre at the Fair. I feel we certainly<br />

achieved that,” he said.<br />

The company had originally been<br />

in negotiations focused around the<br />

Polocrosse organisation purchasing<br />

custom-made watches for the event. But<br />

Menzies said as the deal unfolded it was “a<br />

perfect fit” and “to secure the naming rights<br />

THE ADINA WATCHES TEAM AT IJF <strong>2018</strong><br />

of a World Championships is a real coup<br />

for Adina.”<br />

“Watch manufacturers have always been<br />

heavily involved in sport, as is so often the<br />

case the difference between winning and<br />

losing can come down to a hundredth of a<br />

second. It is having the ability to time these<br />

events where the real prestige lies,” he said.<br />

“For us the prestige is not only having<br />

the ability to time an event, but to find a<br />

sport that is solid fit for our brand and one<br />

which adds real value to who we are. The<br />

Polocrosse World Cup does exactly this on<br />

a number of levels.”<br />

‘Unprecedented’ diamond yield in WA<br />

A single drill hole has yielded more<br />

than 1,100 diamonds just 50km north of<br />

Ellendale Mine in Western Australia.<br />

Lucapa Diamond Company unearthed<br />

the diamonds in a 187kg sample of drill<br />

core during its operation at Brooking<br />

Mine, 1,800km north of Perth. Chairman<br />

Miles Kennedy told ABC News the<br />

“unprecedented” find was the company’s<br />

second significant discovery since it began<br />

drilling for lamproite at Little Spring<br />

Creek last year.<br />

“It is three times as good as the<br />

first sensational find, so these two<br />

results together basically confirm that<br />

we certainly have one diamondiferous<br />

lamproite,” he said.<br />

“It’s early days, but it looks as if we have<br />

found Australia’s next diamond field and if<br />

that is the case, this is the beginning of a<br />

very long and happy developing story.”<br />

Kennedy established Ellendale Mine almost<br />

25 years ago and said advancements in<br />

technology have assisted in the mining<br />

company’s operations. Since Kimberley<br />

Diamond Company was placed under<br />

administration at Ellendale mine in<br />

2015, Kennedy and the team at Lucapa<br />

have closed in on surrounding areas by<br />

conducting geophysical mapping surveys.<br />

“We were able to find and mine diamonds<br />

at Ellendale, we also explored the Brooking<br />

Little Spring area [but] we didn’t have<br />

the great geological tools like we have<br />

today,” he said.<br />

“As it turned out, we missed these targets<br />

by a kilometre [and] the new tools seem<br />

to be indicating that this is in fact a whole<br />

new discovery.”<br />

The company used helicopter driven<br />

technology to survey the Brooking Mine<br />

project that assisted in identifying 11<br />

additional drilling targets within a 10km<br />

radius of Little Spring Creek.<br />

+ MORE BREAKING NEWS<br />

JEWELLERMAGAZINE.COM<br />

14 <strong>Jeweller</strong> <strong>October</strong> <strong>2018</strong>


RETAIL<br />

ARA<br />

NEW MINISTRY TARGETS RETAIL; STABILITY SOUGHT<br />

RUSSELL ZIMMERMAN praises new<br />

Prime Minister Scott Morrison for his<br />

foresight in putting small business back<br />

into Cabinet and focusing on energy and<br />

resources at the very outset.<br />

The Australian Retailers Association (ARA)<br />

congratulates Prime Minister Morrison<br />

on taking over the reins of Cabinet, while<br />

the association believes the new ministry<br />

targeting problem areas in the retail industry<br />

looks promising for retailers.<br />

Prime Minister Morrison’s first ministry will<br />

be a great opportunity for retailers across<br />

the country, with Michaelia Cash appointed<br />

as Minister for Small Business, Skills and<br />

Vocational Education.<br />

This strong focus on small business,<br />

education and will enable retailers to<br />

increase employment and training in the<br />

sector to ensure prosperity and growth for<br />

the retail industry.<br />

The ARA is also heartened by the<br />

significance afforded to energy by splitting<br />

the portfolio into two, appointing Melissa<br />

Price as Minister for the Environment and<br />

giving Angus Taylor the energy portfolio to<br />

be handled separately.<br />

The ARA drew the attention of the<br />

government to the plight of the retailers<br />

who are finding it hard to keep their heads<br />

above water, given the escalating energy<br />

prices and rising tenancy costs. The ARA<br />

believes the Prime Minister’s new Cabinet<br />

will need to show how the government<br />

will help retail businesses before the next<br />

election.<br />

The ARA will be looking to Prime Minister<br />

Morrison’s new Cabinet to reduce these<br />

WITH RETAIL<br />

TRADE<br />

AVERAGING A<br />

2.7 PER CENT<br />

GROWTH THIS<br />

YEAR, THE<br />

ARA BELIEVES,<br />

RETAILERS ARE<br />

LOOKING FOR<br />

LONG-TERM<br />

CERTAINTY AND<br />

STABILITY<br />

rising costs and enable retailers to focus on<br />

using their profits to hire more staff.<br />

With 1.2 million people across Australia<br />

employed in the retail industry, the ARA<br />

is keen to boost jobs in this sector and<br />

transform retail from a stepping-stone<br />

industry into a professional fully-fledged<br />

career that is fulfilling.<br />

The ARA is committed to ongoing career<br />

support in retail by a twofold process of<br />

educating retail staff and assisting them<br />

in progressing their careers to ensure the<br />

longevity of Australian retail.<br />

STABILITY THE KEY<br />

The first reaction of the ARA to the<br />

leadership baton change in government<br />

was the hope expressed for long-term<br />

certainty and stability in the retail sector,<br />

saying uncertainty was never good for<br />

business as retailers were looking forward<br />

to a strong and stable future.<br />

The ARA believes that a strong and stable<br />

government will support retailers through<br />

the current fluctuating trading environment<br />

and assist the association’s mission in<br />

transforming retail to a long-term<br />

fulfilling career.<br />

With retail trade averaging a 2.7 per cent<br />

growth this year, the ARA believes, retailers<br />

are looking for long-term certainty and<br />

stability, which enables them to make longterm<br />

decisions to grow their business and<br />

hire more staff.<br />

RETAIL TURNAROUND<br />

The ARA was pleased with how the end<br />

of financial year closed with a 2.87 per cent<br />

total growth year-on-year and noted that<br />

the positive growth was mostly due to the<br />

strong trade in clothing, footwear<br />

and personal accessories and food retailing<br />

in June.<br />

It noted a 5.26 per cent year-on-year<br />

growth in June in this category with food<br />

retailing also growing 4.31 per cent in the<br />

month with supermarkets making a strong<br />

comeback by having the strongest growth<br />

since June 2017.<br />

June <strong>2018</strong> saw the key retail categories<br />

posting healthy results given the rise in<br />

business confidence that often falls after<br />

the Federal Budget.<br />

The increase shows greater strength in<br />

the market, giving retailers much-needed<br />

assurance to invest in their businesses and<br />

execute their strategies. i<br />

RUSSELL ZIMMERMAN is<br />

is the executive director<br />

of the Australian Retailers<br />

Association (ARA).<br />

Email: info@retail.org.au<br />

The Australian Retailers Association (ARA) is the largest association representing the country’s<br />

$310 billion retail sector, which employs more than 1.2 million people. Providing expert advice<br />

across multiple disciplines including leasing and wage rates, the ARA’s mission is to ensure<br />

retail success by informing, protecting, advocating, educating and saving money for members.<br />

<strong>October</strong> <strong>2018</strong> <strong>Jeweller</strong> 15


australian opal<br />

Instyle Watches PTY LTD<br />

02 8399 7300<br />

sales@instylewatches.com.au<br />

admin@instylewatches.com.au<br />

www.pierrecardinwatches.com.au


STERLING SILVER<br />

Working 925:<br />

Sterling silver sparkles on<br />

STERLING SILVER HAS BEEN<br />

A MAINSTAY OF JEWELLERS<br />

FOR DECADES AND SUPPLIERS<br />

CONTINUE RELEASING NEW AND<br />

UNIQUE DESIGNS TO ENSURE<br />

THIS FAVOURED WHITE METAL<br />

DOESN’T LOSE ITS SHINE.<br />

LUCY JOHNSON REPORTS.<br />

terling silver is firmly ensconced once more as an integral part of the instore<br />

display of most jewellers following a steady rise in popularity over<br />

the past couple of decades. While a few socio-economic factors have<br />

contributed to this resurgence, it is silver’s affordability and fashion<br />

status that are the main reasons for its popularity.<br />

The Global Financial Crisis (GFC) was one factor that contributed positively to the<br />

status of sterling silver when the soaring price of gold forced manufacturers to<br />

switch to white metals. Sterling silver has subsequently become an important part<br />

of any jewellery lover’s collection even if it may not yet be considered as ‘cool’ as<br />

some other precious metals.<br />

Perceptions still exist of silver as an old-fashioned metal, probably because it<br />

has historically been limited to safe, classic designs; however, this is changing<br />

as suppliers appeal to Danish and European silver houses for fresh, modern and<br />

even innovative collections that can help fuel recent demand. Fabuleux Vous is<br />

one such brand doing just that, releasing silver collections set with semi-precious<br />

stones. Managing director Helen Thompson-Carter says suppliers must strive<br />

<strong>October</strong> <strong>2018</strong> <strong>Jeweller</strong> 17


DANIEL BENTLEY<br />

Preferred<br />

Supplier<br />

to offer a point of difference in what she<br />

believes is a “sterling silver saturated market”.<br />

“Silver as a metal and as a product is very<br />

interesting; the demand for silver is huge and<br />

there is an existing saturation we are seeing<br />

right now,” she says. “One of the challenges<br />

for retailers is that they are looking for<br />

something that is tried and tested, rather<br />

than looking for true innovation, but if you’re<br />

looking for something that’s tried and tested<br />

then you’re only looking to stock exactly the<br />

same thing that’s on offer down the road.”<br />

A POINT OF DIFFERENCE<br />

It is very easy for suppliers to aspire to<br />

distribute collections that offer their retailers<br />

a point of difference; it is much more difficult<br />

to achieve it. For West End Collection’s<br />

general manager John Rose, the key has<br />

been to look at neighbouring countries.<br />

West End Collection launched New Zealand<br />

brand Stolen Girlfriends Club in Australia<br />

late last year. The label has been successful<br />

in the land of the long white cloud for six<br />

years and is the brainchild of two fashion<br />

designers. Rose says the brand appeals due<br />

to its unique aesthetic qualities and “edgy”<br />

appearance, setting it apart from many other<br />

sterling silver brands.<br />

“The founders created Stolen Girlfriends<br />

Club as an art exhibition and people<br />

loved the name of the art show so<br />

much that they carried it across to<br />

COUTURE KINGDOM<br />

their jewellery brand,” Rose says of the silver<br />

collection’s creation.<br />

The line incorporates traditional cross motifs<br />

but also showcases a range of crystal skulls,<br />

bows and hearts with “stolen” engraved<br />

within them.<br />

“We’ve got quite a few retailers now carrying<br />

Stolen Girlfriend and it gives them a real<br />

point of difference in their store compared<br />

to the finer, more traditional silver lines,” Rose<br />

adds. “People gravitate towards it because it’s<br />

quirky and it’s a bit of fun.”<br />

New Zealand jewellers are also making<br />

waves with modern sterling silver jewellery.<br />

Benjamin Black Goldsmiths creates custom<br />

jewellery pieces while its sister fashion label<br />

Black Matter produces “demi-fine fashion<br />

pieces” in sterling silver. Owner Benjamin<br />

Clark says sterling silver is an ideal metal<br />

given its durability.<br />

“Sterling silver is not only a fantastic price<br />

point for consumers; it’s great to work with.<br />

As manufacturing jewellers, this means we<br />

can create beautiful handmade designs<br />

for people at an achievable price. It’s also a<br />

durable metal and lasts really well,” Clark says,<br />

adding that the business produces pieces<br />

with recycled materials to offer a point of<br />

difference to environmentally conscious<br />

consumers.<br />

“For us, we have started recycling and<br />

reusing metals wherever possible. Most of<br />

our sterling silver jewellery, especially with<br />

Black Matter, is made from recycled silver.<br />

Consumers are becoming more aware of<br />

where their products are made, how and by<br />

whom. Having an ethical conscience and<br />

being aware of how what we do affects our<br />

people and our planet is really important.”<br />

One local business looking to not only<br />

offer a point of difference, but also make


STERLING SILVER<br />

a difference in the world is Bella Donna Silver. Manager Donna Quinn said she<br />

started the business in 2003 providing, employment to jewellers in Indonesian<br />

islands and raising funds for orphanages.<br />

“Our jewellers mostly work from home in what is called the ‘cottage craft’ industry.<br />

A lot of our jewellers work in their homes and make our jewellery in sterling silver,”<br />

she explains.<br />

“It means that if their wives work, the kids come home from school and their<br />

dads are at home working, which is a nice environment. Most of the kids that are<br />

part of the family of jewellers who work for us have nice lives, but there are a lot<br />

orphans in these countries. So for years we’ve wanted to make a difference and<br />

help these kids have a bright and hopeful future.”<br />

The Bella Donna Silver collection is known for its Harmony Balls collection, which<br />

has helped one of its founding jewellers move from living in lower class to<br />

owning four properties, just one of the many success stories to come from the<br />

business model.<br />

Nowadays, Bella Donna features a wide range of sterling silver products covering<br />

“trendy, flavour of the month styles”.<br />

Mexican silver is another precious metal which offers high quality products in the<br />

sterling silver category. Ironclay Silver’s Adriana Corti says the business produces<br />

handmade pieces from skilled silversmiths in Mexico.<br />

“We cater for a lot of different tastes from very modern to traditional and classic<br />

MOORE JEWELS<br />

FABULEUX VOUS<br />

designs so there is something for everybody. We have a big selection of mixed<br />

metals as well. I have an artist who works with silver and copper and silver and<br />

brass,” she says.<br />

“Mexico has a very rich history of silversmithing. Silver jewellery is fabulous<br />

because you can get really amazing pieces without having to pay the cost<br />

of gold.”<br />

Aztec Gold & Silver’s Susan Campbell has offered pieces in white metal for<br />

decades and has found success in her Blooming Daisy collection, a sterling silver<br />

floral arrangement with a gold plated centre. In recent times she came across a


STERLING SILVER<br />

Silver Chain & <strong>Jeweller</strong>y<br />

Adela Imports offer over<br />

180 designs of sterling<br />

silver chain, with up to<br />

20 lengths available in<br />

each from stock. Also<br />

offering a range of uniquely<br />

designed silver jewellery.<br />

BENJAMIN BLACK<br />

PASTICHE<br />

PO Box 112, Toronto<br />

NSW 2283, Australia<br />

P: 02 9380 4742<br />

F: 02 8580 6168<br />

E: sales@adelaimports.com<br />

Catalogue available<br />

www.adelaimports.com<br />

new technique produced by a silversmith<br />

in Europe.<br />

“He casts the silver and then sprinkles organic<br />

powder in a variety of colours onto the metal<br />

and puts it back in the kiln to bake the colour<br />

into the jewellery. He does the colouring<br />

with his partner in one room so the other<br />

silversmiths he works with don’t know how<br />

he does it, he has a very secretive way of<br />

doing things,” she explained.<br />

“He spent years and years testing it and he<br />

keeps producing these amazing designs<br />

and I think they look quite amazing. They are<br />

very different to anything else that’s on the<br />

market at the moment.”<br />

Offering a point of difference has also<br />

been a factor to the success of sterling<br />

silver products at Pastiche. Director Amy<br />

Bradley says the company has expanded its<br />

silver offerings.<br />

“We’ve enjoyed being creative in layering<br />

delicate styles and adding colour with<br />

gorgeous natural stones. We’ve also seen<br />

a trend towards fine yellow gold-plated<br />

designs which we are excited about,” she says.<br />

The latest collection includes shoulderskimming<br />

chain earrings, y-chain strand<br />

necklaces and pendants in silver and yellow<br />

gold plating, which have already proven to<br />

be big sellers.<br />

“Sterling silver is an easy metal to work<br />

with in the manufacturing process which<br />

allows us to create interesting, on-trend and<br />

innovative designs that our consumers love,”<br />

Bradley says.<br />

INTER-GENERATIONAL STRENGTH<br />

That doesn’t mean consumers have steered<br />

away from classic designs altogether.<br />

Melbourne supplier Moore Jewels has a<br />

range of sterling silver and gold-plated<br />

pendants and earrings that manager<br />

Christina Harold describes as “the bread and<br />

butter of jewellery”.<br />

“I started working for a high-end jeweller well<br />

before sterling silver gained momentum.<br />

In the time since its rise, it has remained<br />

very popular and has become a staple in<br />

most people’s jewellery collection,” she says.<br />

“Sterling silver will continue to be popular<br />

well into the future, and I don’t see it<br />

changing anytime soon.”<br />

Offering a range of both on-trend and core<br />

jewellery pieces is a business model that<br />

has been effective for Cocktail <strong>Jeweller</strong>y.<br />

The business’ agent Heidi Plentinger says<br />

the collection’s quality and lower price point<br />

make it an attractive choice for consumers.<br />

“The strong point about Cocktail is that it’s<br />

made to European standards, so it is a nickel<br />

free and rhodium plated quality product. It<br />

can fit in with any existing silver ranges or it<br />

can be a range on its own. It can fit into any<br />

jewellery store,” she says.<br />

“I think why jewellers continue to<br />

sell sterling silver is because the<br />

price point is low, these<br />

kinds of products<br />

have higher<br />

profit margins.<br />

The white metal<br />

is an attractive<br />

metal and suits a<br />

lot of skin tones and its<br />

lower price point makes<br />

it more accessible to<br />

consumers.”<br />

BELLA DONNA<br />

SILVER


Couture Kingdom supplies Disney-trademarked jewellery, rhodium-plated<br />

sterling silver collections that are popular among both children and adults.<br />

Managing director Michael Tran says the perception of sterling silver across<br />

all consumer demographics is that it is a precious metal ideal for producing<br />

quality jewellery.<br />

“We believe that customers remain attracted to purchasing sterling silver as<br />

it is still considered a prestigious precious metal. As such we have invested in<br />

premium packaging to differentiate our sterling silver, stainless steel and goldplated<br />

products,” Tran says.<br />

“Our sterling silver precious metal range remains one of our bestselling lines. It<br />

offers a premium product, display unit and packaging at an affordable price point.”<br />

Notwithstanding its affordable price tag, silver’s association with luxury is<br />

what Bradley believes to be the driving force for strong sales, particularly over<br />

the past decade.<br />

“The allure of silver is the inherent beauty of the precious metal together with its<br />

affordable price tag,” she says. “It carries the association of a classic, luxury product<br />

while remaining affordable for consumers and able to be used creatively by<br />

designers to make new and exciting pieces that make a statement.”<br />

Rose recognises that there will always be two consumer groups: those looking for<br />

STOLEN GIRLFRIENDS CLUB<br />

AZTEC GOLD & SILVER<br />

something classic and safe, and others looking to stand out with unique pieces in<br />

their collection. He feels sterling silver will continue to appeal to both groups in<br />

the foreseeable future.<br />

“I don’t think the traditional customer is ever going to go away but there’s<br />

always going to be a very strong element of the customer base that’s looking for<br />

something original and different,” he says.<br />

“Either way, sterling silver is a very stable category within the jewellery market.<br />

CJ_Advert_98x129+bleed.pdf 1 7/9/18 2:30 pm<br />

Mobile: 0408 408800<br />

Email: charold@optusnet.com.au<br />

www.moorejewels.com.au


SILVER MERCHANTS<br />

MEXICAN SILVER<br />

SINCE<br />

JEWELLERY<br />

1980<br />

in sterling<br />

Adriana Corti personally<br />

chooses designers to offer you a<br />

range from exciting, innovative<br />

contemporary to stylish classic.<br />

Her regular buying trips to<br />

Mexico builds on the personal<br />

ties she has developed with<br />

skilled artisans and talented<br />

designers and guarantees<br />

you the finest<br />

quality and top<br />

value.<br />

Here are some local artisanal jewellers making silver with a fresh new take:<br />

Melbourne’s ROBYN WILSON handmakes her sterling silver creations in<br />

bold shapes with enamel and titanium finishes.<br />

“When starting out, it was a much more affordable precious metal to<br />

work with and therefore my finished pieces were more affordable,” she<br />

says. “I was introduced to Argentium silver quite a few years ago and<br />

I now use it in a lot of my work, especially my granulated pieces as it<br />

fuses beautifully.”<br />

ROBYN WILSON<br />

Fellow Melburnian LAUREN TROJKOVIC<br />

uses traditional metalsmithing<br />

techniques and wax casting to produce<br />

her collection of large statement pieces. She credits sterling silver’s<br />

malleability and the ability to be easily engraved as benefits; however,<br />

she incorporates colours into her pieces using various materials.<br />

“I use precious gemstones and the acrylic polymer Corian in my work<br />

to add form and colour. Corian is most commonly used as a benchtop<br />

LAUREN TROJKOVIC<br />

material in kitchens and bathrooms but is a versatile and lightweight<br />

alternative in jewellery,” she says. “I find inspiration from the graphic shapes<br />

and elaborate embellishment seen in ethnic jewellery from Africa, India and South America.”<br />

Adelaide Hills designer SIMONE WALSH produces “alchemic, yet<br />

delicate” collections in sterling silver, incorporating gold and gemstones.<br />

SIMONE WALSH<br />

“I love the slightly warm look of silver,” she says. “Given that I’ve been<br />

working with it for about 25 years, sterling silver is the metal I know best;<br />

it feels a bit like an old friend when I’m working with it.”<br />

Sterling silver has proven to be an ideal metal for producing images that<br />

emulate ornamental details from different cultures and historical periods<br />

in her work:<br />

“I think the colouring suits most people, and it plays well with a very wide<br />

array of gemstone colours too. It’s also a very affordable precious metal, which makes it much more<br />

accessible for customers and also for small-scale designers and makers.”<br />

Working out of Savi <strong>Jeweller</strong>y in Noosaville, Queensland, GERHARD<br />

HERBST’S jewellery designs incorporate unconventional shapes and<br />

forms using sterling silver, as well as 9, 14 and 18-carat gold.<br />

“Sterling is a quality material. I appreciate the material for its working<br />

properties and its finish. It’s also a commodity metal and has been used<br />

along with gold as a store value for thousands of years,” he says.<br />

“Over time, real silver jewellery will always hold its value,” he believes. “I<br />

also like sterling for its colour and price point. It has real value and allows<br />

me to create quality pieces within an affordable price range.”<br />

SAVI JEWELLERY<br />

Herbst has been designing jewellery for 30 years and continues to strive to create unique and<br />

challenging pieces.<br />

t. 612 9968 4682<br />

sales@ironclay.com<br />

www.ironclay.com<br />

“I am inspired by shape and forms,” he says. “I try to find ways to incorporate new and unconventional<br />

forms into the medium and format of jewellery.”


BELLA DONNA SILVER<br />

It’s not really showing any signs of slowing<br />

down and we’re going to continue to see<br />

new brands coming into the market that will<br />

create different and edgy designs.”<br />

reflect Bentley’s fascination for Danish design.<br />

The brushed and polished metals create a<br />

contrast and the collection spans organic<br />

shapes and sharp, geometric designs.<br />

Queensland’s Daniel Bentley designs<br />

his namesake brand with wife Lene. The<br />

pair have made a name for themselves<br />

producing sterling silver products that<br />

emulate Australian and Danish jewellery<br />

styles. Daniel Bentley is distributed in<br />

Australia and Denmark as well as in Sweden<br />

and New Zealand.<br />

precious stories<br />

“Silver has cemented Stowed its position safe and in the close to your “We heart, combine a locket silver filled with gold, precious diamonds, charms captures your story.<br />

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it’s evident that silver is<br />

a very long history, and this carries weight the focus.”<br />

over lesser, more industrial metals like steel,”<br />

Bentley says.<br />

“Established higher-end jewellery brands<br />

have turned their attention to silver in an<br />

effort to offer products that cater for entrylevel<br />

clients. More established design<br />

houses like ours have solidified their position<br />

with silver design at the forefront because of<br />

the design and manufacturing advantages<br />

it allows.”<br />

TAKE A RISK<br />

In the near future, Thompson-Carter believes<br />

the onus will be on retailers to seek out<br />

unique product offerings without relying on<br />

big brands to push for innovation.<br />

“I think silver is strong; I think the longevity of<br />

the metal and the freshness of the space is<br />

strong; I think retailers need to be reminded<br />

that there are no rules around how creative<br />

you can be. We are seeing brands produce<br />

more fine statements and we are now<br />

stepping outside the comfort zone in being<br />

prepared to use more precious stones.<br />

Retailers need to be jumping on those<br />

brands,” she says.<br />

Daniel Bentley carries a vast range of silver<br />

products in contemporary designs that<br />

“Every year, we create a new, original silver<br />

range and add this to our catalogue of<br />

contemporary jewellery that we offer our<br />

clients. Our job is to make collections that<br />

stand out of the crowd for their unique<br />

design and quality and to ensure that our<br />

clients know the origin and the inspiration<br />

behind our themed pieces,” Bentley says.<br />

Clark says his latest collection of knotted<br />

pieces at Black Matter have been very<br />

successful with stockists across Australia, New<br />

Zealand and the US: “Our most popular piece<br />

is The Statement Ring by Black Matter. This<br />

collection is hammer-finished and it looks<br />

incredibly striking in sterling silver, which is<br />

why it’s a best seller.”<br />

Thompson-Carter says more suppliers<br />

are looking to push the boundaries with the<br />

robust, white metal. While it can already be<br />

seen stocked by most jewellers, the next<br />

step for retailers is to think outside<br />

the square.<br />

“If you are a retailer looking for an innovative<br />

product, there are plenty of quirky little<br />

boutique brands out there with designs that<br />

have come from a pencil and paper, rather<br />

than from mass manufacturing,” she says. “A<br />

few years ago, we were seeing sales of 300<br />

per cent more silver than gold. I don’t think<br />

consumers’ desire to own sterling silver pieces<br />

is going to go away.”<br />

Sterling silver may not be a new sector of the<br />

jewellery industry but it certainly remains a<br />

strong one. There are so many avenues to<br />

invest in stocking sterling silver and the key is<br />

to think a little differently. i<br />

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Established 1976<br />

EVERYTHING A JEWELLER NEEDS IN<br />

CASTING & CAD<br />

We provide a full range of casting services, including specialised casting alloys, moulding, wax resizing,<br />

CAD drawing and 3D printing. Our long established casting department specialises in the casting of jewellery products in<br />

Gold, Silver, Platinum and Palladium alloys.<br />

For further details, please contact: Toll Free 1800 888 590 | Email preciousmetals@pwbeck.com.au<br />

14 Duncan Court, Ottoway Park, SA, 5013 Australia<br />

Phone +61 8 8447 1133 | Fax +61 8 8447 1144 | Toll Free 1800 888 590<br />

Email preciousmetals@pwbeck.com.au | Web www.pwbeck.com.au


3D PRINTING REVOLUTION<br />

Printing in a<br />

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LOCAL JEWELLERY MANUFACTURERS<br />

ARE BRIDGING THE GAP BETWEEN<br />

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NEXT STEP INTO THE FUTURE.<br />

D printing technology has advanced at an unfathomable<br />

rate in recent years and, as the machinery and technology<br />

have become more accessible to manufacturing jewellers,<br />

many have opted to pick up the skill.<br />

A reduction in equipment prices and an increase in onshore<br />

casting companies have helped Australia and New Zealand to<br />

catch up to international 3D printing pioneers. Early concerns<br />

raised by artisanal jewellers that 3D printing would result in job<br />

losses or poorly assembled products have been cast aside as other<br />

industries embrace the once-feared technology.<br />

Some reservations towards 3D printing still remain and invested<br />

parties agree that comprehensive education and training are<br />

required in order to capitalise on the expanding sector and ensure<br />

the quality of products.<br />

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<strong>October</strong> <strong>2018</strong> <strong>Jeweller</strong> 25


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for boutique and amateur jewellers, but<br />

such unrestricted access raises concerns<br />

about quality control, notably that novice<br />

CAD designers might create casts that fail to<br />

produce quality jewellery.<br />

Palloys is a jewellery division of Pallion<br />

and was one of the first local companies<br />

to embrace CAD and silicon casting<br />

methods. Operations manager Chris<br />

Botha acknowledges that attitudes to the<br />

technology have changed and cautions<br />

newcomers to ensure they are welleducated<br />

in the practice before investing<br />

heavily in both the machinery and software.<br />

“The biggest change in recent years has<br />

been the cost of the equipment involved<br />

in printing. Software has remained pretty<br />

expensive but the hardware in 3D printing<br />

has dropped dramatically,” Botha says,<br />

adding that Palloys is committed to training<br />

and education in these technologies.<br />

“Anyone can now purchase a printer to<br />

produce jewellery designs. Our aim is to<br />

address this hole and ensure knowledge in<br />

the trade is shared.”<br />

As machine prices have dropped,<br />

producers of 3D printers have altered their<br />

resin specifications to lock customers into<br />

purchasing only corresponding resins<br />

for their printers. This means there are<br />

many different printers and resins in the<br />

market at the moment, each with its<br />

own unique features to suit different<br />

production needs.<br />

Abraham Tok, of Sydney’s Tok Bros <strong>Jeweller</strong>y,<br />

uses Form2 3D printers manufactured by<br />

FormLabs, which require blue and purple<br />

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castable resins. He says jewellers and<br />

designers should research thoroughly<br />

before purchasing a printer.<br />

“Do your homework and be very patient;<br />

getting started in 3D printing can be time<br />

consuming for newcomers and there can<br />

be a lot of tweaking and adjusting to get<br />

the right balance of settings on your printer<br />

and resins,” Tok explains.<br />

“We recommend asking manufacturers<br />

for samples so you can benchmark<br />

them against others – we send resins<br />

to customers for them to try on before<br />

producing in precious metals.”<br />

Botha echoes these sentiments and warns<br />

that many companies are distributing<br />

printers only manufactured to respond to a<br />

particular resin combination, usually offered<br />

exclusively through the company.<br />

“The industry is changing and we will soon<br />

see companies that are coming in at a low<br />

price point but are fixing their hardware<br />

so it will only work with one type of resin.<br />

Much in the same way, you can’t move HP<br />

printer ink onto another traditional printer,”<br />

Botha says.<br />

Anthony Nowlan’s business Evotech<br />

Pacific exclusively distributes GemVision<br />

Technology along with open-source<br />

printing line Asiga. Nowlan says having an<br />

open-source model offers manufacturers<br />

more diversity in what casting house they<br />

choose and which products they can model<br />

for commercial production.<br />

“The advantage of the Asiga printers is that<br />

you can also use open-sourced resins from<br />

other companies,” he says.<br />

“As long as you know what the exposure


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rate of those resins are – which the<br />

companies are usually happy to divulge –<br />

then you dial those into the software and<br />

use those without issue.”<br />

Nowlan says different products suit different<br />

requirements, which provides flexibility to<br />

the user. “It’s all about choice,” he explains.<br />

“Having the choice to utilise a resin that<br />

works with your casting company or, if you<br />

do your own casting, having an investment<br />

that works better with one resin. It is<br />

advantageous to be able to experiment.”<br />

Sydney-based casting house Chemgold<br />

offers a wide variety of software and<br />

printing services. Director Larry Sher says<br />

the company aims to account for the everbroadening<br />

requirements of manufacturing<br />

jewellers by operating printers across<br />

different casting systems.<br />

“We have a huge range of 3D printers to<br />

allow us to accommodate the variety of<br />

designs our clients need us to produce for<br />

them,” Sher says. “Certain designs may not<br />

be suitable for resin so they are produced<br />

using Multi Jet printing technology, which<br />

is relatively smooth.”<br />

SHARING RESOURCES<br />

Navigating the gamut of 3D printing and<br />

resin purchases can be daunting and time<br />

consuming, as is learning the intricacies<br />

of CAD design and its software. To assist,<br />

resellers and printing companies are striving<br />

to educate clients.<br />

FormLab printers distributor LST Group<br />

has launched 3Design training lounge, an<br />

online forum where customers can connect<br />

with industry specialists to have all their<br />

questions answered.<br />

“The 3Design Forum is the largest jewelleryspecific<br />

CAD community and we offer a<br />

large variety of complimentary training<br />

resources,” managing director Chris Hill says,<br />

adding, “Our local product specialist has 14<br />

years’ experience in providing customised<br />

training solutions.”<br />

Palloys recently launched an online platform<br />

called <strong>Jeweller</strong>sPal and the company offers<br />

a space where 3D printing users and CAD<br />

designers can share questions, tips and<br />

hints to help manufacturing jewellers.<br />

“We’re trying to lift that little mantle of<br />

secrecy off the trade; there’s this perception<br />

that everyone has been hiding their<br />

secrets to turn a profit, which is not actually<br />

true,” Botha says.<br />

Evotech Marketplace and Evotech Vendor<br />

are two programs currently available to<br />

manufacturers and casting experts through<br />

Evotech Pacific.<br />

“Because they’re only fairly new, we are<br />

concentrating on the design aspect<br />

of the Marketplace and Vendor stores,”<br />

Nowlan says.<br />

“We will be branching out and inviting<br />

service bureaus that concentrate on 3D<br />

printing to join the Marketplace. That way,<br />

clients will be able to upload files and get<br />

a quote directly from any company on the<br />

marketplace and then they can send the<br />

model to them or the casting house.”<br />

Chemgold’s Custom Design Form provides<br />

manufacturers with a checklist of key<br />

information and dimensions in order to<br />

complete their designs.<br />

“A critical aspect of CAD is communication,<br />

which is why it’s best to use the form. This


3D PRINTING REVOLUTION<br />

prevents delays in obtaining certain dimensions, along with ensuring our<br />

goal of providing exactly what our customers want the first time,” Sher says.<br />

“Once comfortable with the design process, and if the customer is doing<br />

more volume, we would recommend they consider purchasing the CAD<br />

software themselves.”<br />

All parties agree that social media has also been advantageous for local<br />

manufacturers seeking advice from those who have been in the industry for a<br />

longer period.<br />

3D PRINTING AT THE RETAIL LEVEL<br />

Reid Jackson manages Townsville’s Regional Manufacturing <strong>Jeweller</strong>s and<br />

says the addition of his Asiga printer has increased the turnaround time on<br />

production. Furthermore, the technology has improved rapidly since purchase.<br />

“We chose the Pico2 39 and, in the 18 months since purchasing, we’ve had<br />

possibly seven upgrades and have noticed the improvement in resolution<br />

and print growth lines diminish tenfold,” he says. “Our print time has been<br />

drastically reduced.”<br />

Jackson says he has also benefited from the additional support he has received<br />

in online forums: “Sure, you may have failures in the beginning but throw up<br />

a problem and, in no time flat, you will be presented with many answers from<br />

around the world.”<br />

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“That’s the biggest draw right now for non-manufacturing retailers,” Botha says.<br />

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“If they own the IP on their files and they<br />

have the files locally, it’s very quick for them<br />

to prototype something for their customer<br />

to try on.” Botha sees this as the future<br />

direction of jewellery retail.<br />

“I think that will be the future of these<br />

nouveau printers that are coming out,”<br />

he adds. “The quality will never reach a<br />

$150,000 printer but the quality is good<br />

enough for the customer to see what it<br />

looks like on the finger.”<br />

Chemgold also has a library of CAD designs<br />

in its JewelMount Collection, which covers<br />

a range of classic styles suitable for most<br />

manufacturing jewellers and retailers.<br />

“All they need to do is advise which aspect<br />

of the design they wish to modify,” Sher<br />

says. “This can be changes to the stone<br />

and shank dimensions, mixing shanks and<br />

settings or adding extra stones.”<br />

The technology has advanced to help<br />

retailers and jewellers win on-the-spot<br />

sales. They can meet their customers’ need<br />

for instant gratification without waiting for<br />

a product to be manufactured.<br />

Botha recalls a time when his biggest sales<br />

“came from me going home and printing a<br />

prototype for a customer overnight”.<br />

“Nowadays, you no longer need to know<br />

how to operate a CNC; you just need to<br />

know how to press a go button and you<br />

can have it in an hour and a half,” he says.<br />

Palloys calculates the cost of a black, plastic<br />

ring prototype around 45 cents if the<br />

low-end printer runs for one year alone.<br />

Calculations are made including the cost of<br />

a $90 litre of resin, which makes 600 rings.<br />

Hill has found production rates of<br />

prototypes to be at a similarly low cost to<br />

manufacturers using FormLabs.<br />

“The printers we offer are capable of<br />

printing high-resolution jewellery models<br />

in a single build at a cost of 40 cents per<br />

model. Why outsource your printing when<br />

you can do it faster, cheaper and better inhouse<br />

with a Form2 3D printer?” he says.<br />

THE FUTURE IS METAL<br />

UK manufacturers Cooksongold partnered<br />

with Electro Optical Systems (EOS) to<br />

produce the world’s first direct-metal<br />

printer, designed to cater specifically<br />

to precious metals used in jewellery<br />

manufacturing without the middle process<br />

of casting.<br />

The printer uses a sintering method,<br />

heating powdered precious metals at a<br />

high temperature and using a laser that<br />

follows a software design similar to CAD<br />

to identify a pattern. The process, known<br />

as additive manufacturing (AM), may seem<br />

like a far-off future invention; however,<br />

companies<br />

in Europe and the US are in the early<br />

stages of producing quality jewellery<br />

using the method.<br />

Cooksongold and EOS displayed the printer<br />

this year at International <strong>Jeweller</strong>y London<br />

(IJL) and promised manufacturers “the<br />

power and freedom to create complex<br />

jewellery in a matter of hours”.<br />

David Fletcher, Additive Manufacturing<br />

business development manager, says the<br />

IJL would provide the wider industry an<br />

insight into the forthcoming technological<br />

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3D PRINTING REVOLUTION<br />

“[The system displays] how the jewellery industry can now adopt the process<br />

as part of their supply chain,” he says. “We believe that the more people<br />

understand about the technology, the more they will be able to push the<br />

boundaries of jewellery making by completing previously unachievable<br />

designs.”<br />

Back on home ground, suppliers and casting companies are well aware of AM<br />

capabilities and predict the technology will become more of a reality within<br />

the next decade. Nowlan agrees it needs fine-tuning before it is embraced<br />

locally but believes it’s not far away.<br />

“It’s one thing to print something in titanium or steel but you can have<br />

certain issues with the alloy content and the equipment itself when it comes<br />

to precious metals,” he says. “It’s not far off and additive manufacturing is<br />

definitely going to be the next revolution.”<br />

Tok is hesitant of the current production value offered by AM and says it is still<br />

in its early days: “The technology currently exists to print 3D models directly<br />

in gold but the results are not good enough for fine jewellery production;<br />

the technology needs more time to develop,” he says, adding, “Should the<br />

results be up to our production standards then we would definitely consider<br />

implementing this technology one day.”<br />

Sher believes that it won’t be long before manufacturers look to join the<br />

movement if the cost of the direct-metal printers drop similarly to 3D printers.<br />

EVOTECH PACIFIC<br />

“Currently the machines are extremely expensive and require large volumes<br />

of precious metal to run and the surface finish is very low compared to our<br />

castings from resin,” he says.<br />

Jackson agrees but says jewellers should be keen to embrace new<br />

technologies as they become viable: “My advice to any manufacturing jeweller<br />

thinking about it is just get on board with this technology. It is so exciting and<br />

rewarding and to keep all in-house, if possible, just means more dollars in your<br />

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INTERNATIONAL JEWELLERY FAIR<br />

WORLD SHINER AZTEC GOLD & SILVER PASTICHE<br />

Sydney Fair:<br />

Uniting an industry<br />

THE FAIR’S ORGANISERS SAID IJF SUCCEEDED IN DRAWING STAKEHOLDERS TOGETHER IN<br />

AN ATTEMPT TO REUNITE THE INDUSTRY IN LIGHT OF ECONOMIC HARDSHIP.<br />

xpertise Events managing director Gary Fitz-Roy, organiser of IJF, said<br />

visitor attendance “lifted across the Saturday and Sunday”, while the<br />

keynote seminars drew crowds in the afternoons.<br />

“Overall, we finished in double-digit growth which is pleasing, but<br />

it [visitors] is only one measure. While the numbers are important I think the<br />

real shift was around buying and the positive attitude from both retailers and<br />

exhibitors. The industry needs to start looking a lot more at the glass half full, as<br />

all business is challenging, but it is what you make of it,” he said.<br />

Fitz-Roy said the increase in visitor numbers should be kept in context given<br />

the JAA’s attempt last year to launch a competing trade show on the same<br />

dates as the IJF.<br />

“While I am surprised at the real increase, I think we need to keep it in context.<br />

Last year there was a lot of controversy around there being two trade shows and<br />

the industry divided. That in itself was quite negative despite it being resolved<br />

going into the fair,” he said.<br />

After the JAA cancelled its proposed trade fair last year, Fitz-Roy said Expertise<br />

Events was still working to reunite the “divided” industry.<br />

“I think retail has done it tough for a few years and sooner or later you need to<br />

get on with running the business, and the Fair represents the most time and<br />

cost-effective way to view what’s new and buy in a concise way,” he said.<br />

Nationwide <strong>Jeweller</strong>s managing director Colin Pocklington said the buying<br />

group experienced increased attendance on last year with 391 members from<br />

158 stores accounted for.<br />

“It surprised us because with the economy being so poor we expected less<br />

people but we got more. Last year we registered 147 stores. We put a lot of effort<br />

into our programme and we marketed to people all of the things we were doing<br />

across marketing, workshops and social events. I suppose the sum of those<br />

events appealed to a lot of people,” he said.<br />

Pocklington said many members utilised Nationwide’s six months interest<br />

free financing scheme to place store orders of $25,000 to $50,000 per store.<br />

“I think probably because trading has been a bit tough lately, more members<br />

used our finance than usual. It supports our preferred suppliers on the floor as<br />

well, so it works for both suppliers and our members,” he said.<br />

Many exhibitors also reported a successful weekend. Ikecho Pearls director Erica<br />

Madsen said she experienced the industry’s reformation through the interactions<br />

made at her stand and that she would “be exhibiting at the Fair again next year.”<br />

“We found the Fair was consistent across the whole three days, there wasn’t a lot of<br />

foot traffic, but the buyers that came were serious buyers and wanting to be there<br />

to order stock,” she said.<br />

“We didn’t hear much negative talk, which was refreshing.”<br />

Rachel Maunder, senior sales marketing manager of Gerrim International said<br />

the team did not exhibit last year, however it did receive positive feedback from<br />

visitors at the event.<br />

“The people who did come to our stand were definitely there to purchase from us.<br />

There wasn’t much foot traffic but we found we were consistent across all three<br />

days,” she said.<br />

“I found that the retailers were really confident in buying and were confident in our<br />

product. They knew what they wanted or if we did have to get them over the line<br />

it wasn’t that they were worried about it not selling.”<br />

Fabuleux Vous director Helen Thompson-Carter said while the Fair was smaller<br />

than in previous years, the New Zealand-based business experienced susbtantial<br />

growth on last year, processing an estimated four times as many orders.<br />

“We had an outstanding Fair and while we had a very good fair last year, we did<br />

manage to quadruple our results this year. It’s probably the best fair we’ve ever had<br />

and I think it’s a classic case of less is more,” she explained.<br />

“While the Fair was very small, I thought it consisted of the same degree of quality<br />

from exhibitors. We know from the half empty glass point of view that there are<br />

<strong>October</strong> <strong>2018</strong> <strong>Jeweller</strong> 33


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a lot of stores closing in New Zealand and Australia, but what that<br />

means is that like most other industries, the jewellery industry is<br />

just consolidating.”<br />

Thompson-Carter stressed that retailers who did attend the Fair<br />

benefited from getting an insight into upcoming industry trends.<br />

“The really good retailers will continue to go from strength to<br />

strength, but those that choose not to embrace digitalisation, social<br />

media and the smaller design-driven different brands, and unique<br />

pieces of jewellery as an art form, will slowly and consistently<br />

disappear,” she said.<br />

Cudworth Enterprises director Darren Roberts said retailers needed<br />

to make an effort in attending the IJF to ensure its success for<br />

years to come.<br />

“Without the support of the retailers and the foot traffic, the Fair<br />

will disappear, as it has in other industries. <strong>Jeweller</strong>y fairs in general<br />

overseas in Italy, England and Hong Kong have all scaled down<br />

because they’re not getting the support from retailers.”<br />

Lester Brand, managing director of Lester Brand <strong>Jeweller</strong>y said he<br />

hadn’t exhibited at the Fair in years and said he was “happy to be back<br />

at the event”.<br />

“We were able to catch up with some customers who we don’t see<br />

very often because they are from some of our rural areas, so that was<br />

good,” Brand said.<br />

“We will certainly be there again next year. But from a more globalised<br />

perspective, I would have to say I thought the attendance was quite<br />

low compared to some years ago. I accept our economic conditions at<br />

the moment are quite challenging and our federal politics don’t help,<br />

but I think, as an industry, we should be working a little bit harder to<br />

support the event.”<br />

Alluding to the buying group’s pre-fair events, Brand said: “Some<br />

circumstances lead retailers to be pulled away from the Fair and I<br />

think we need to consider what is best for our industry, and then we<br />

may have a better Fair in future years that’s also better for retailers and<br />

suppliers alike. Given that the industry is not in the boom times, as it<br />

once was, I believe the model of individual group buying days is over,<br />

it doesn’t work as well as it once did, for either the supplier or<br />

the retailers.”


INTERNATIONAL JEWELLERY FAIR<br />

Paterson Fine <strong>Jeweller</strong>y managing director David Paterson noticed the<br />

swell of visitors on the Saturday taper off on the Sunday afternoon and<br />

recognised the support of buying group members’ at the event.<br />

“This year was surprisingly good, especially considering we weren’t<br />

optimistic about the amount of buying group members who<br />

might attend event at Darling Harbour. At the end of the day many<br />

supported the Fair regardless of their own buying group trade day, so<br />

it was a good weekend for us,” he said.<br />

“I don’t see the need any longer for the group buying days before<br />

the Sydney Trade Fair. A better result for suppliers would see all<br />

groups reverting back to the Nationwide model where seminars and<br />

presentations are done at the Fair rather than at their own events<br />

offsite and many days before the IJF. It brings everyone together and<br />

unites the industry. Group buying days are terrific events at earlier<br />

times during the year however.”<br />

“The groups should know that the suppliers will have the same deals<br />

at the Sydney Fair as they do at the pre-fair buying group days, and<br />

that way it will reduce replication and save everyone – including their<br />

members – a lot of time and money.”<br />

While the aforementioned consolidation and reuniting of the industry<br />

appears to be in its early days, those who did visit the event appeared<br />

to be proactive in placing orders, as was the case for Timesupply’s<br />

Ken Abbott.<br />

“We found our retailers had very positive attitudes and were ordering<br />

freely and asking for orders to be delivered as soon as possible,” he said.<br />

Duraflex Group Australia managing director Phil Edwards said it<br />

was the attitude of visitors that dictated the overall atmosphere<br />

of the event.<br />

“Retailers that did attend appeared more focused with a clear plan<br />

and direction on how they will be moving forward. There was less<br />

general review and consideration in their interactions as they were<br />

more focused on either ordering or moving on to their next<br />

meeting,” he stated.<br />

These sentiments were reiterated by Worth and Douglas director<br />

Chris Worth: “Overall we found the attitude to be very positive and<br />

we always see good uptake in ordering new products in the lead<br />

up to Christmas.”<br />

“It’s always a great event for launching new releases and our latest<br />

collections were well received,” Worth said.<br />

The 2019 event has been scheduled for 24-26 August. i<br />

PETER W BECK<br />

CHEMGOLD


Timesupply<br />

jewellery + watches<br />

p +61 (0)8 8221 5580<br />

sales@timesupply.com.au<br />

coeurdelionjewellery.com.au<br />

exclusive distributor AU & NZ


Award winners bask in glory<br />

The three buying groups across Australia and New Zealand celebrated their members’<br />

achievements with awards ceremonies at the International <strong>Jeweller</strong>y Fair as well as<br />

at independent conferences. Nationwide <strong>Jeweller</strong>s held its celebratory dinner at ICC<br />

Sydney on Sunday 25 August, where it commemorated 20 years of travel to Antwerp for<br />

diamond buying and 25 years of business in New Zealand.<br />

Leading Edge Group <strong>Jeweller</strong>s hosted a three-day conference in the Hunter Valley ahead<br />

of the IJF. Managing director Joshua Zarb said the buying group’s awards ceremony was<br />

a highlight of the event with Ted Pevy recognised for his lifetime achievement to the<br />

group, with a portrait painted in his honour.<br />

Showcase <strong>Jeweller</strong>s celebrated its retailers and suppliers at a conference gala dinner<br />

where Loloma <strong>Jeweller</strong>s’ Graham Jackson was celebrated for his long-term commitment<br />

to the buying group. From now on the Retailer of the Year award will be known as the<br />

Graham Jackson Retailer of the Year Award.<br />

LEADING EDGE GROUP JEWELLERS<br />

MEMBER OF THE YEAR<br />

Regency Group<br />

STORE OF THE YEAR<br />

Australia: Jim Hughes and Sons NZ: Dinsdale <strong>Jeweller</strong>s<br />

LIFETIME ACHIEVEMENT AWARD<br />

Ted Pevy <strong>Jeweller</strong>y Centre (top left)<br />

SUPPLIER OF THE YEAR<br />

Diamonds & Gemstones: La Couronne<br />

Precious Metals: <strong>Jeweller</strong>y Centre<br />

Watches: Seiko<br />

Silver, Fashion & Branded <strong>Jeweller</strong>y:<br />

Duraflex Group Australia (bottom left)<br />

NATIONWIDE JEWELLERS<br />

MEMBER OF THE YEAR<br />

Australia: Springfield <strong>Jeweller</strong>s, Springfield, QLD (top left)<br />

NZ: Country Jewel, Winton<br />

SUPPLIER OF THE YEAR<br />

Australia: <strong>Jeweller</strong>y Centre (bottom left)<br />

NZ: Peka Agencies<br />

APPRENTICE OF THE YEAR<br />

Mikaela Donovan, Georgies Fine <strong>Jeweller</strong>y, Narooma, NSW<br />

RISING STAR AWARD<br />

Erica Seath, Georgies Fine <strong>Jeweller</strong>y, Narooma, NSW<br />

SHOWCASE JEWELLERS<br />

RETAILER OF THE YEAR<br />

Keoghans Showcase<br />

<strong>Jeweller</strong>s, NZ (top left)<br />

SUPPLIER OF THE YEAR<br />

Citygold<br />

HONORARY AWARD<br />

Graham Jackson, Loloma<br />

<strong>Jeweller</strong>s (top right)<br />

Supporting retailers with unique,<br />

quality designs for over 30 years.<br />

+61 2 9452 4981 | info@pastiche.com.au<br />

@pastichejewellery /pastichejewellery


INDUSTRY INSIGHTS<br />

NICK MILLER SYLVIA HUANG PHILLIP CHAPMAN<br />

Industry issues discussed at<br />

Sydney <strong>Jeweller</strong>y Fair<br />

THE INTERNATIONAL JEWELLERY FAIR NOT ONLY PROVIDED RETAILERS WITH<br />

AMPLE OPPORTUNITIES TO VIEW THE LATEST PRODUCTS, BUT ALSO MANY<br />

VALUABLE BUSINESS INSIGHTS FROM LEADING INDUSTRY PROFESSIONALS.<br />

xpertise Events hosted three keynote seminars aimed at providing<br />

solutions to ongoing matters within the industry. Organiser Gary Fitz-Roy<br />

said the event provided retailers with diverse insight into timely concerns<br />

within the jewellery sector.<br />

“I think the two keynote seminars covering the Diamond Shift and Branded vs<br />

Non-Branded went down well and generated quite a healthy discussion, and the<br />

sessions around social media had consistent attendance,” he said.<br />

The following are some excerpts from the three keynote seminars, as well as<br />

sessions held at the Independent Retailer’s Conference:<br />

LAB GROWN VS NATURAL DIAMONDS – THE DIAMOND SHIFT<br />

Amish Shah, president of ALTR Created Diamonds attended IJF with Showcase<br />

<strong>Jeweller</strong>s and explained the accelerating production of synthetic diamonds in the<br />

US. Shah discussed shifts in consumer habits both in the perception of diamonds<br />

and lab-grown products.<br />

“Disruption is here and the media is assisting in getting it to the consumer...<br />

Diamonds are not an investment, consumers buy diamonds to cherish moments<br />

in life,” he said, stressing that regardless of a diamond’s origin, all diamonds hold<br />

the same symbolic value to the consumer.<br />

“They’re a symbolic representation of an event from a father to a daughter, a<br />

daughter to a mother, a guy to a girl and every time it changes hands it<br />

represents a moment. This is very critical for us to understand [when selling<br />

synthetic diamonds].”<br />

Gem Studies Laboratory owner Bill Sechos joined the panel moderated by Fitz-Roy<br />

and offered a local perspective on the synthetic diamond sector while voicing<br />

concern for the resale value of consumers’ lab-grown purchases.<br />

“Natural diamonds that are mined have a resale value much lower than what you<br />

buy it at retail. The fact is that if these gemstones have the lab grown tag, it may be<br />

a disadvantage later on when it comes to reselling,” he explained.<br />

RENT IS KILLING MY BUSINESS!<br />

Lease1 chairman Phillip Chapman was joined on stage by Leading Edge Group<br />

<strong>Jeweller</strong>s managing director Joshua Zarb for a seminar about managing lease<br />

agreements with landlords.<br />

“In leasing, we really need to change our mindset and with our landlords, we<br />

need to start to consider seeing them as part of our supply chain. You’re looking<br />

at leasing as a return on interest on a piece of time, not on a piece of land. It may<br />

be subconscious but it is effective,” Chapman said, going on to compare lease<br />

agreements to marriage certificates with “a built-in divorce”.<br />

“When you first enter into a lease, it’s like the honeymoon period; the first year is<br />

great and then at the end of the first year the figures start coming in, you look at<br />

them and start to say ‘hey this isn’t what I thought I was getting myself into, this<br />

doesn’t meet my expectations’,” he explained.<br />

“All of a sudden the relationship starts to take different paths, but you’ve still got<br />

to maintain that relationship along the way, all the while knowing that it will<br />

come to an end.”<br />

Both Chapman and Zarb explained the importance of building and maintaining<br />

relationships with landlords throughout the lease period.<br />

“At least 18 months prior to your lease expiry, there is a list of things you should<br />

start to do. You should do your research, start comparing yourself, start analysing<br />

and start forward-projecting your next lease cycle,” Chapman said.<br />

“At 12 months out, you have to giddy up and already have spoken to your landlord<br />

38 <strong>Jeweller</strong> <strong>October</strong> <strong>2018</strong>


about your lease renewal. In doing that you can then put down the<br />

value you bring, they make the money off you; you’re the customer,<br />

the landlord is just another supplier.”<br />

IP237-NRGP<br />

BRANDED VS NON-BRANDED – THE CONSUMER VIEW<br />

The final industry-leading seminar saw editor of Better Homes and<br />

Gardens Julia Zaetta and managing director of Hyland Media Tessa<br />

Cavalot share their expertise in effective branding strategies.<br />

The pair discussed the importance of maintaining brand heritage<br />

while balancing the drive to maintain relevance in the fast-paced<br />

retail industry.<br />

IP5231E-RGP<br />

“You have to stay current and sometimes even a little bit ahead of<br />

your competitors, but you have to do it without destroying your<br />

heritage. Because it is your heritage – the strength of your experiences<br />

and what you have delivered - that enables you to go forward in a<br />

consistently positive manner,” Zaetta cautioned.<br />

IP5231P-RGP<br />

“You have to be careful about how you do it, so you don’t abandon<br />

that along the way in hopes of staying timely.”<br />

Cavalot echoed these sentiments and went on to explain the<br />

importance of understanding the brand’s target market, referring<br />

to her experiences in working with brands that fail to recognise their<br />

target market.<br />

“Have a clear understanding of who your consumers are and stick to<br />

it. Brands don’t get heritage in just one or two years, it’s a long process.<br />

But once it’s established it can extend out,” she said.<br />

“Your consumer market must absolutely be established before you<br />

consider rebranding, regardless of whether it’s changes to your<br />

typeface or your archetype, understanding your consumer is key.”<br />

The pair went on to explain the industry’s obsession with marketing to<br />

Millennials who “are not brand loyal” and in focusing on the one target<br />

market, brands are failing to market to what they believe is the latest<br />

generation: ‘Generation C, the culture generation’.<br />

Genuine Cultured Pearls<br />

New Opal Collection<br />

“What we need to remember and we tend to forget in this pursuit<br />

of younger people, is that culture can bind the 19-year-old to the<br />

90-year-old. They both might be interested in sapphires for instance, so<br />

they become a group of their own,” Zaetta explained.<br />

“So what we’re learning is that we have been so focused on age<br />

groups and keeping up with being modern, that we’ve forgotten<br />

groups who have similar interests. We must start to consider that in<br />

how we put businesses together, that matters as well.”<br />

INDEPENDENT RETAILER’S CONFERENCE<br />

A number of seminars held at the Independent Retailer’s Conference<br />

space covered a variety of topics across the three-day event. Founder<br />

of the Social Potatoes, Sylvia Huang shared her experiences as a former<br />

social media influencer to help retailers with their marketing strategies.<br />

Huang compared the benefits of organic social media marketing<br />

(unpaid to reach followers) and paid advertising strategies: “Social<br />

media is low-cost, I wouldn’t say it’s free, because it does take time<br />

and the employee you hire to run your social media does spend time<br />

honing their skills.<br />

S/S Doublets & Boulder Opal<br />

+61 2 9266 0636 +61 2 9266 0969 enquiries@ikecho.com.au


INDUSTRY INSIGHTS<br />

CHRIS BOTHA<br />

JULIA ZAETTA<br />

That said, it is dynamic and keeps evolving. It’s something you can<br />

change anytime anywhere.”<br />

“When you’re starting out, the first thing you need to aim for is<br />

visibility, so people know who you are. Depending on your<br />

services or products, you can also use social media to build<br />

credibility,” she said.<br />

Huang went on to explain that consumer interactions with social<br />

media marketing must be frequent in order to translate into sales.<br />

“You need seven points of contact in order to build a relationship<br />

with your audience and an estimated 20 hours of them consuming<br />

your content before they are likely to consume your products,”<br />

she said.<br />

Retailers were also given an opportunity to learn about capitalising<br />

on raw materials through metal refinery. Pallion’s Chris Botha<br />

explained that retailers should look to have their raw materials<br />

refined on a biennial basis to rid of old or poor performing stock.<br />

“Gold is today what it was yesterday and what it will be tomorrow. It<br />

will never change. As things get cheaper, more expensive, harder or<br />

faster to make, you still have the same thing,” he explained.<br />

“See what’s not selling and ask yourself, ‘can you mark it down or can<br />

you move it through?’ and if you can’t, then what can you do with it?”<br />

Share our success<br />

Become one of our<br />

exclusive retailers<br />

Botha went on to explain the importance of finding a reputable<br />

metal refinery that should charge money for its services, given the<br />

cost of running the ovens that heat metal to 10,000 centigrade.<br />

“It is imperative that you ask your refinery where their laboratory<br />

is and what it is testing. If they cannot tell you where the lab is, or<br />

cannot offer to take you on a tour, then you should be very careful,”<br />

Botha said.<br />

“The ovens that do the refining stand nearly twice as tall as me<br />

and run on gigawatts of power. If somebody is offering to do their<br />

refining for free as part of some other service beware,” Botha said,<br />

adding that investment in a laboratory ran into the millions.<br />

“Can they guarantee your return is what you will actually receive?<br />

It is imperative you ask for it.” Retailers took Botha’s advice on board<br />

and applied it to all aspects of the conference.<br />

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Exclusive Distributor & Importer | T: +61-3-9500 8894<br />

All seminars were followed with ample question time in<br />

which retailers and guests had a chance to have any<br />

questions answered. i


GEMS<br />

COLOUR INVESTIGATION: TOPAZ<br />

Topaz is irradiated by gamma rays followed<br />

by heating to about 200 degrees, the<br />

radiation produces a greenish-brown<br />

colour. Some stones will turn a deeper blue<br />

than found naturally and others become<br />

colourless. The gemstone can be treated<br />

via a vapour deposition process to give it a<br />

rainbow effect on the stone’s surface and is<br />

called “Mystic topaz”.<br />

The only official variety of topaz is Imperial<br />

topaz which is the most valuable. However,<br />

there are a number of other names used in<br />

the jewellery trade:<br />

• Azotic topaz – orange-pink with a rainbow<br />

like colour effect from vapour deposition.<br />

• Mystic topaz – multi-coloured with a<br />

rainbow like effect from vapour deposition.<br />

• Swiss bue topaz - sky blue colour, but lighter<br />

than London Blue.<br />

SWISS BLUE NIGERIAN TOPAZ<br />

SWISS BLUE TOPAZ<br />

• London blue topaz – deep blue colour.<br />

Topaz has been known as a gemstone for<br />

at least 2,000 years. It occurs in a range<br />

of colours and has hardness of 8 on the<br />

Mohs scale, however it can be brittle.<br />

Jennifer Suggett investigates.<br />

Imperial topaz is yellow, pink or pink-orange<br />

and is the most valuable of the topaz<br />

colours. It comes from a single mine in Brazil<br />

discovered in the late 1700s and was named<br />

after the then Portuguese royalty (hence<br />

Imperial). Topaz is pleochroic and thus often<br />

shows three colours with two distinct, and<br />

one of weaker hue.<br />

Large deposits are found in many countries<br />

including, Brazil, Sri Lanka, Russia, Burma,<br />

Nigeria, Australia and the US, making it<br />

an inexpensive gem. Colourless, blues<br />

and champagnes are found in NSW and<br />

Queensland. It is also found in flawless and<br />

large crystals enabling it to be faceted into<br />

gems weighing thousands of carats. The<br />

blues and yellows have been used to imitate<br />

both aquamarine and citrine, while white<br />

topaz has long been used as a simulant for<br />

diamonds.<br />

Topaz has a chemical formulae of<br />

Al 2<br />

(F,OH) 2<br />

SiO 4<br />

. Impurities of trace elements<br />

and structural defects can contribute to the<br />

colour in topaz; chromium as a replacement<br />

for aluminium is the colouring element for<br />

red and pink topaz.<br />

As with many popular gems, topaz is treated<br />

to improve its colour; in its natural state<br />

topaz is yellow to brown. Naturally occurring<br />

blue topaz is rare thus colourless, grey, pale<br />

yellow and pale blue stones are heat treated,<br />

irradiated or both to produce a darker blue.<br />

Brazilian reddish brown gems become<br />

colourless when slowly heated to 400<br />

degrees and then on slow cooling they<br />

develop a pink to purple red colour. If heated<br />

to 600 degrees they become colourless.<br />

LARGE DEPOSITS<br />

ARE FOUND IN<br />

MANY COUNTRIES<br />

INCLUDING,<br />

BRAZIL, SRI<br />

LANKA, RUSSIA,<br />

BURMA, NIGERIA,<br />

AUSTRALIA AND<br />

THE US<br />

• Rutilated topaz – similar to rutilated quartz<br />

but the inclusions of “rutile” in topaz are<br />

actually limonite, not rutile.<br />

• Sherry topaz– light orange brown to<br />

brownish-pink in colour.<br />

• Silver topaz and white topaz – colourless top<br />

Topaz and citrine are the birthstones of<br />

November. Yellow topaz is often confused<br />

with citrine due to its similar colour. Since<br />

topaz comes in many colours, the birthday<br />

choice colours are numerous. The variety of<br />

colours, good hardness, transparency, and<br />

abundance make topaz a popular choice<br />

for jewellery. .i<br />

JENNIFER SUGGETT FGAA is a qualified<br />

gemmologist and gemmology lecturer. She<br />

loves to introduce people to the wonderful world<br />

of gemstones particularly the lesser-known<br />

gemstones. For information on gemstones,<br />

visit: gem.org.au<br />

<strong>October</strong> <strong>2018</strong> <strong>Jeweller</strong> 41


Completing my Diploma in<br />

Gemmology has benefited<br />

me as a jeweller in more<br />

ways than I ever expected.<br />

I have always had an interest<br />

in gemstones and found<br />

the course was not only<br />

informative and challenging<br />

but immensely rewarding.<br />

Studying with the GAA has also<br />

allowed me to meet like-minded<br />

people from many facets of the<br />

jewellery industry and grants me access<br />

to resources that I will continue to use<br />

throughout my professional career.<br />

Emma Meakes FGAA<br />

<strong>Jeweller</strong>, John Miller Design - WA<br />

Diploma in<br />

Gemmology<br />

Enrolments now open<br />

For more information<br />

1300 436 338<br />

learn@gem.org.au<br />

www.gem.org.au<br />

Be<br />

Brilliant<br />

Gem-Ed Australia<br />

ADELAIDE BRISBANE HOBART MELBOURNE PERTH SYDNEY<br />

Passionately educating the industry, gem enthusiasts<br />

and consumers about gemstones


BUSINESS<br />

FIVE WAYS TO MAXIMISE PROFIT ON ALL STOCK<br />

Profit margin is a metric that should<br />

always be on a retailer’s radar, and<br />

for good reason: it answers critical<br />

questions about your business.<br />

FRANCESCA NICASIO reports.<br />

A profit margin isn’t just something that<br />

retailers should measure; it’s a metric that<br />

retailers should strive to continuously<br />

improve. As author Doug Hall wrote, “If<br />

your profit margins aren’t rising, chances<br />

are your company isn’t thriving.” To help do<br />

just that, here are some pointers that can<br />

enable retailers to widen their margins.<br />

Check them out to see how they can be<br />

applied to any business:<br />

LOWER THE COGS<br />

Take a closer look at all materials and<br />

procedures required to create or source<br />

your products and establish how these<br />

materials can be purchased for less without<br />

compromising the quality.<br />

Is it necessary to order larger quantities?<br />

Are there any middlemen or administrative<br />

expenses that can be cut from the process?<br />

Consider these things carefully and then<br />

take action accordingly. Let’s say a retailer<br />

needs to increase order quantities for a<br />

particular item to lower its price.<br />

In this case, the retailer should first look<br />

at inventory data and determine if he can<br />

afford to order certain items in bulk. If<br />

not, would it be possible to consolidate<br />

orders with other items or team with other<br />

purchasers to increase buying power? This<br />

is something that large retailers have been<br />

doing for quite some time now. A few years<br />

ago, for example, Walmart sought out copurchasers<br />

for raw materials so the chain<br />

could consolidate purchases and get more<br />

buying clout.<br />

Explore options and run them by suppliers<br />

to see if better deals can be negotiated. If<br />

suppliers won’t budge, don’t be afraid to<br />

check out other suppliers to find out if they<br />

can offer more favourable terms. Make sure<br />

existing suppliers are aware of this though,<br />

as they might end up offering better rates.<br />

INCREASE PRICES<br />

Increasing prices enables retailers to make<br />

more money on each sale, thus increasing<br />

CONSIDER<br />

IMPLEMENTING<br />

CREATIVE OR<br />

PSYCHOLOGICAL<br />

TACTICS WHEN<br />

COMING UP<br />

WITH PRICES IN<br />

ORDER TO<br />

MAKE THEM MORE<br />

APPEALING<br />

margins and improving the bottom line;<br />

however, retailers can baulk at the prospect<br />

of increasing their prices out of fear that<br />

they’ll lose customers. Pricing decisions<br />

depend on each company’s products,<br />

margins and customers. The best thing to<br />

do is to look into your own business, run<br />

the numbers and figure out your pricing<br />

sweet spot.<br />

On top of considering basic pricing<br />

components like costs and margins, look at<br />

external factors such as competitor pricing,<br />

the state of the economy and the price<br />

sensitivity of target customers. Also take the<br />

time to consider what types of customers<br />

you want to attract. Do you want to sell to<br />

shoppers who would take their business<br />

elsewhere just because they could get an<br />

item for less or would you rather attract<br />

customers who don’t base their purchase<br />

decisions solely on price?<br />

It’s surprising to find that the majority of<br />

your regular customers may actually belong<br />

to the latter group – a study by Defaqto<br />

found that 55 per cent of consumers would<br />

pay more for a better customer experience.<br />

<strong>October</strong> <strong>2018</strong> <strong>Jeweller</strong> 43


BUSINESS<br />

IMPROVE A STORE’S BOTTOM LINE WITH PRICE<br />

Taking all these things into consideration, a<br />

price increase can be calculated and tested<br />

on a few select products. Retailers can then<br />

gauge customer reaction and sales from<br />

there. Also consider implementing creative<br />

or psychological tactics when coming<br />

up with prices in order to make them<br />

more appealing. Tiered pricing is one<br />

effective strategy.<br />

In order to combat cheaper knock-offs<br />

one US shoe retailer, Footzyfolds, decided<br />

to revamp its prices… but not in the way<br />

one might think. Instead of lowering prices<br />

across the board, Footzyfolds introduced a<br />

high-end category for its products. With the<br />

new pricing format, it lowered the price of<br />

its everyday products to $20 a pair<br />

and introduced a new ‘Lux’ category for<br />

$30 a pair.<br />

Owner Sarah Caplan told the New York<br />

Times that the move helped increase<br />

revenue dramatically. “We actually have<br />

had the most interest in our higher-priced<br />

shoes,” she said, adding that the business<br />

reported a 100 per cent increase in revenue<br />

after launching the high-end line in the<br />

summer of 2010.<br />

The way to communicate new prices is<br />

just as important as the prices themselves<br />

so put thought into how these messages<br />

are relayed to customers. Give shoppers a<br />

heads up prior to any price hike; let them<br />

know it’s happening and how it’s going to<br />

benefit them.<br />

Also, be sure to communicate<br />

differentiating factors as well as value in<br />

service. Justify higher prices by telling<br />

customers why the store is different or<br />

better than the competition. Ensure<br />

customers are aware of it however this is<br />

demonstrated. The right price increase<br />

could improve a store’s bottom line<br />

significantly enough to offset any losses<br />

from shoppers who decide not to buy from<br />

you. Additionally, having fewer customers<br />

helps lower operating expenses while<br />

freeing up staff to increase service quality<br />

at the same time.<br />

REDUCE EXPENSES WITH AUTOMATION<br />

Automation can do wonders for<br />

productivity as well as the bottom line.<br />

By putting repetitive activities on autopilot,<br />

retailers can reduce the time, manpower<br />

and operating expenses required to run<br />

a business.<br />

Are there any cumbersome activities<br />

that are eating up the time of your staff<br />

members? Take note and then look for<br />

solutions that can take care of them<br />

automatically. For instance, to save time<br />

and operating expenses, I know of one<br />

menswear store that automated the task<br />

of transferring sales data to accounting<br />

software. Rather than manually plugging<br />

the numbers into the program, the owner<br />

integrated his point-of-sale system with<br />

accounting software and got the two tools<br />

talking to each other so that information<br />

was automatically transferred from one<br />

program to the next.<br />

The result: he has been able to free up<br />

time so he and his staff could devote more<br />

energy to helping customers. He also<br />

estimates that the automated system in<br />

his store saves him 40 to 80 hours a week.<br />

This doesn’t just apply to data entry. These<br />

days, there’s usually an app for most of the<br />

boring administrative tasks.<br />

OPTIMISE SUPPLIER RELATIONSHIPS<br />

Earlier in this article, I mentioned<br />

negotiating better contracts with<br />

suppliers to reduce the costs of goods and<br />

widen margins. Consider building stronger<br />

relationships with suppliers. Ask if there’s<br />

anything that can be done to make things<br />

easier or more cost-effective for them<br />

so they can fulfil orders in a more<br />

efficient way.<br />

Strengthen relationships with suppliers<br />

GIVE SHOPPERS<br />

A HEADS UP<br />

PRIOR TO ANY<br />

PRICE HIKE;<br />

LET THEM KNOW<br />

IT’S HAPPENING<br />

AND HOW<br />

IT’S GOING TO<br />

BENEFIT THEM<br />

and determine how you can work better<br />

together. Doing this can help you identify<br />

ways to reduce product costs and operating<br />

expenses. At the very least, it should<br />

improve workflow and productivity.<br />

PERSONALISE YOUR OFFERS<br />

Another effective way to improve margins is<br />

to offer tailored discounts. Remember, not<br />

all customers are wired the same way; some<br />

people may need a discount incentive to<br />

convert while others don’t really require<br />

a lot of convincing.<br />

Identify how big of a discount is necessary<br />

to convert each customer. Case in point:<br />

Online bicycle retailer BikeBerry.com sought<br />

the help of a big data company to analyse<br />

customer behaviour and gather intel on<br />

the past purchases of customers, their<br />

browsing histories and more. The store got<br />

to know its customers and was able figure<br />

out the most cost-effective way to convert<br />

each one.<br />

BikeBerry then created a series of email<br />

campaigns with five different discount<br />

offers tailored to each individual. Customers<br />

received one of the following offers in their<br />

inbox: free shipping, 5 per cent, 10 per cent,<br />

15 per cent or $30 off new products. The<br />

campaigns ran for two months and the<br />

business not only increased sales within<br />

that period but also widened its profit<br />

margins by not offering discounts<br />

to customers who would convert at a<br />

lower threshold.<br />

Instead of offering blanket discounts, go<br />

through the purchase histories of customers<br />

and personalise offers based on their<br />

behaviour and preferences. Doing so won’t<br />

just increase the chances of conversion; it’ll<br />

also help you maximise margins.<br />

A retailer doesn’t always have to make<br />

drastic changes to a business to significantly<br />

improve the bottom line. As this post has<br />

shown, sometimes a simple tweak in pricing<br />

or a phone call to a supplier can pave the<br />

way for wider margins. i<br />

FRANCESCA NICASIO is<br />

a retail expert from Vend, a<br />

POS, inventory and customer<br />

loyalty software for merchants.<br />

vendhq.com<br />

44 <strong>Jeweller</strong> <strong>October</strong> <strong>2018</strong>


SELLING<br />

CONSCIOUS SELLING IN SEVEN WAYS<br />

UNDERSTANDING THE CONCEPT OF CONSCIOUS SELLING IS SO IMPORTANT FOR BUSINESS GROWTH, PARTICULARLY<br />

IN A TIME OF SIGNIFICANT INDUSTRY CHANGES. BERNADETTE MCCLELLAND SHARES HER PHILOSOPHY.<br />

A couple of years ago I read a book that<br />

shifted my thinking around what constitutes<br />

prosperity and running a successful<br />

business. The book, Conscious Capitalism:<br />

Liberating the Heroic Spirit of Business by John<br />

Mackey and Raj Sisodia, led me to embrace<br />

the term ‘conscious’ in the business sense<br />

and eventually I coined ‘conscious selling’ as<br />

a framework for results.<br />

What I read around business ethics<br />

generally was inspiring and intriguing<br />

but, at a higher level, I felt something was<br />

missing – the lack of discussion around the<br />

sales function, specifically the capital part<br />

of conscious capitalism and how the sales<br />

landscape has turned upside down over the<br />

past decade, completely disrupting<br />

the sales role.<br />

Firstly, whenever I mention conscious<br />

selling to people, there are a couple of<br />

assumptions they make as to its meaning:<br />

the first is that people are not unconscious<br />

and therefore are with us in mind, body<br />

and spirit.<br />

As a direct result, these people are<br />

able to perform their roles from an<br />

energetic perspective.<br />

The second is that people have a<br />

consciousness that aligns with their levels<br />

of competence.<br />

They are aware and can adapt to the skills<br />

and mindset gaps impacting their results.<br />

Both assumptions clearly have their place<br />

but there is another meaning to the word<br />

‘conscious’ in the context of business – it is<br />

the desire and intention to sell on purpose,<br />

to align and adjust to what is important in<br />

the cut and thrust of this money-making<br />

role. A huge part of this is understanding<br />

the importance of earning money.<br />

If you want to make an impact and you<br />

want to light up your world or even the<br />

wider world, you need to be able to pay<br />

the power bill. Let’s go back and apply<br />

the concept of ‘selling on purpose’ to the<br />

THOSE WHO<br />

HAVE THE<br />

EMOTIONAL<br />

INTELLIGENCE TO<br />

BRING A WHOLE-<br />

OF-SELF APPROACH<br />

TO THE MARKET<br />

ARE ABLE TO ALIGN<br />

THEMSELVES TO<br />

COMMON VALUES<br />

CONSCIOUS SELLING PROMOTES GROWTH<br />

role of the salesperson and respond to the<br />

seven key questions of conscious selling.<br />

How many salespeople are conscious<br />

when doing a deal? Those who have the<br />

energy and foresight to be present to the<br />

conversation, who use what I have adapted<br />

as the third eye poised for intuition,<br />

intention and insights.<br />

How many salespeople are conscious of<br />

what their ideas, products or services mean<br />

to the end user?<br />

It is those who have the ability to adapt<br />

their conversations on the fly, realising<br />

business conversations are not about what<br />

you sell but the emotional difference<br />

you are selling.<br />

How many salespeople are truly aware<br />

of the responsibility they hold? It is those<br />

employees who understand the problem<br />

behind the problem.<br />

These employees know how their ‘deal’<br />

might save a business from going under,<br />

might help their client stay afloat or<br />

might have a ripple effect on the<br />

greater community.<br />

How many salespeople understand that<br />

two degrees of separation is not just a<br />

cliché but is a truth and that we are<br />

all connected?<br />

We are just one mouse click away from<br />

being seen for the value we provide others,<br />

online and offline – the opposite<br />

applies too.<br />

Conscious sellers are those open to<br />

adjusting their old beliefs in order to<br />

provide that value.<br />

How many salespeople can comfortably<br />

lose sight of their commission, detach<br />

from their need to close and instead offer<br />

a solution is truly right for the client, the<br />

company and themselves?<br />

Those who have the emotional intelligence<br />

to bring a ‘whole-of-self’ approach to the<br />

market are able to align themselves to<br />

common values.<br />

Vulnerability, transparency, and<br />

engagement are attributes that conscious<br />

salespeople have in spades and when<br />

authenticity, relevance and intention ooze<br />

out of them, it creates huge deposits of<br />

goodwill in the minds of buyers.<br />

Finally, it is those employees who are not<br />

afraid to test their money beliefs for a fairlynegotiated<br />

win-win scenario because their<br />

need for respect is stronger than their need<br />

to discount.<br />

We know the sales environment is changing<br />

just as the world is changing around it and<br />

we are relentlessly bombarded with the<br />

message that the buyer is changing also.<br />

When taken on board and acted upon,<br />

these ideas can create huge forward strides<br />

for clients manifesting in deals and<br />

renewed relationships.<br />

Consciousness leads to change and change<br />

is what we are all really selling. i<br />

BERNADETTE<br />

MCCLELLAND is a keynote<br />

speaker, executive sales<br />

coach, and published author.<br />

3redfolders.com<br />

<strong>October</strong> <strong>2018</strong> <strong>Jeweller</strong> 45


MANAGEMENT<br />

THE MYTH OF MOTIVATION IN RETAIL<br />

CAN MANAGERS MOTIVATE EMPLOYEES? DOUG FLEENER BELIEVES THOSE WHO LACK THE MOTIVATION TO<br />

SUCCEED CANNOT BE TAUGHT TO DO SO.<br />

Years ago I had an incredibly talented<br />

salesperson working for me. He was smart,<br />

charming, a fast learner and one of the best<br />

salespeople I ever met but there was one<br />

major problem: he was lazy; he did only<br />

enough to get by.<br />

I spent an inordinate amount of time and<br />

energy trying to motivate him and I could<br />

sometimes get a one or two-day bump in<br />

his performance. Invariably, however, he<br />

would slide back into mediocrity. It drove<br />

me crazy. What I didn’t understand at the<br />

time is that the ability to motivate others is a<br />

myth. Motivation is the desire or willingness<br />

of someone to achieve something. The<br />

willingness to proactively engage customers<br />

has to be something a person likes and<br />

wants to do.<br />

UNMOTIVATED EMPLOYEES ARE A CHALLENGE<br />

ability to make each day a great experience<br />

for their team.<br />

committed to a common cause who are<br />

enabling each other’s success.<br />

Opportunities to earn more: Short-term<br />

contests, games and incentives are great<br />

ways to inspire motivated people. It’s as<br />

important to focus on and reward the<br />

right behaviours as it is to achieve the<br />

desired results.<br />

Empower and simplify: You can tell an<br />

employee how special he is or how much<br />

you appreciate her but they’re not really<br />

feeling the love and respect if they have<br />

to get a manager every time they wish to<br />

complete a simple activity like a small refund.<br />

To show employees you trust them, give<br />

them ownership over more important tasks.<br />

Make it easier for them to do their jobs.<br />

You can’t successfully motivate people to<br />

do something they don’t want to do. They<br />

have to want to do it and, to achieve best<br />

performance, often have to enjoy doing it also.<br />

A study by Rochester University psychologist<br />

Edward Deci found that students who were<br />

offered cash prizes to solve puzzles were<br />

less likely to continue working on them after<br />

payments had been made, compared to<br />

students who were offered no money. Deci’s<br />

work helped clarify the relationship between<br />

intrinsic and extrinsic motivation – doing<br />

things because you want to do them or doing<br />

them because you seek a reward.<br />

This is why hiring the right person is so<br />

important; offering a motivated person more<br />

money could result in higher performance<br />

but it will have little or no effect on the<br />

unmotivated – if you pay more to a mediocre<br />

employee, all you have is a higher-paid<br />

mediocre employee. Instead of trying to<br />

motivate people, the key is to inspire the<br />

motivated and remove the unmotivated.<br />

Here’s how:<br />

Make work fun: One of my favourite sayings<br />

is, “You can’t ask people to give service with<br />

a smile until you give them something to<br />

smile about.” The best leaders have the<br />

TO SHOW<br />

EMPLOYEES YOU<br />

TRUST THEM,<br />

GIVE THEM<br />

OWNERSHIP OVER<br />

MORE IMPORTANT<br />

TASKS. MAKE IT<br />

EASIER FOR THEM<br />

TO DO THEIR JOBS<br />

Make each day challenging: Compare<br />

working in retail to the movie Groundhog<br />

Day. Every day can be the same day over<br />

and over if we allow it to be. That’s why<br />

good leaders challenge their employees<br />

to try new things and to strive to improve<br />

something they were not so good at the<br />

day before.<br />

Constant and consistent development:<br />

Motivated people want to learn; many of<br />

them want career opportunities. This is one<br />

of the most important parts of a leader’s<br />

job but, unfortunately, it doesn’t happen<br />

nearly enough in retail. A development plan<br />

doesn’t have to be complicated but it does<br />

need to be constant and consistent.<br />

Recognise effort and performance: Never<br />

underestimate the importance of specific<br />

recognition. People want to contribute<br />

to a store’s success and they especially<br />

appreciate it when their effort is called out.<br />

Recognition makes an even bigger impact<br />

when it’s put in writing.<br />

Create a strong sense of team: Good<br />

teams bring out the best in each other,<br />

provide mutual support and bring more<br />

purpose to each person’s work. A group of<br />

people isn’t a team; it’s a group of people<br />

Defined standards and expectations:<br />

One of the fastest ways to de-motivate<br />

a motivated employee is to fail to hold<br />

everyone accountable for the expected<br />

standards and expectations. Most people<br />

will rise to what’s expected of them but<br />

they’ll also lower themselves to the level of<br />

accountability set for others.<br />

Voice: Motivated employees want to<br />

contribute and be a part of the future. They<br />

have good ideas and would like to share<br />

them. They feel inspired when they can bring<br />

ideas up not only with their manager but also<br />

with their manager’s manager or even with<br />

the owners. Give employees a voice.<br />

Remove the unmotivated: An unmotivated<br />

person drags the entire team down.<br />

Motivated employees resent when<br />

management accepts or even enables poor<br />

performance. Moving underperformers up<br />

or out will inspire the motivated employees<br />

who remain in the job. i<br />

DOUG FLEENER is<br />

president and managing<br />

partner of Sixth Star<br />

Consulting. dougfleener.com<br />

46 <strong>Jeweller</strong> <strong>October</strong> <strong>2018</strong>


MARKETING & PR<br />

COMMUNICATION THAT GRABS ATTENTION<br />

IN AN AGE OF INSTANT COMMUNICATION, IMPERSONAL COMMUNICATIONS FAIL TO IMPRESS CONSUMERS.<br />

BARRY URQUHART DISCUSSES HOW TO GRAB AND HOLD THE ATTENTION OF SHOPPERS.<br />

It is so difficult to get a message across<br />

nowadays. Nobody seems to be listening,<br />

reading or valuing relationships – consumers<br />

are failing to recognise brands, exhibit loyalty<br />

or refer services.<br />

Everyone seems distracted and uncommitted,<br />

more inclined to hit delete than reply because<br />

it’s easier to pretend that the communication<br />

was never received.<br />

The ubiquity of social and digital media<br />

means messages are no longer resonating<br />

with their intended audiences. A universal<br />

lowering of costs on social, digital and online<br />

communications has been instrumental in<br />

increasing the affordability and volume of<br />

mass communications but it’s all for little<br />

to no avail. Even personalised greetings are<br />

marginally effective at best.<br />

Doing so much so often is becoming a<br />

common practise that is only contributing<br />

to the problem. Attention has become a<br />

goal; however, it is commonly out of reach<br />

for many. Content is a tactic and, in many<br />

instances, it is poorly structured and delivered.<br />

Marketing practitioners are recalibrating the<br />

long-held maxim that “Fifty per cent of their<br />

advertising works and 50 per cent doesn’t”. It’s<br />

just that they don’t know which 50 per cent is<br />

working! An evolving truism centres on an 85-<br />

90 per cent rate of ineffective, non-responsive<br />

advertising, marketing and promotion. It is a<br />

daunting set of statistics and implications.<br />

DELIVER THE PROMISE<br />

Targeted consumers and existing clients are<br />

increasingly informed, discerning, pricesensitive<br />

and highly expectant of both great<br />

quality and value. They seek out, utilise and<br />

regularly return to sources which they find<br />

credible, verifiable, transparent and,<br />

above all, authentic.<br />

High expectations are believed to be<br />

the cause of considerable harm. Webinars<br />

are trying to address them; however, the<br />

delivery skills of an overwhelming majority<br />

of speakers are poor, sometimes appalling,<br />

AN INTERESTING<br />

ALLURE IS TO<br />

OFFER REAL-<br />

TIME PERSONAL<br />

RESPONSES. THIS<br />

IS SOMETHING<br />

CONSUMERS<br />

WELCOME<br />

AND VALUE<br />

GET THE MESSAGE OUT LOUD AND CLEAR<br />

and this reflects badly on companies and<br />

their products.<br />

Personal presentation skills are only partial<br />

measures for increasing relevance and<br />

impact. Sadly, reincarnations of the late<br />

Steve Jobs seem everywhere but lack his<br />

immaculate delivery. Conference stages are<br />

regularly inhabited with storytellers dressed<br />

in black roll-neck skivvies and black trousers.<br />

Talk about commoditisation!<br />

STEP UP, STAND UP<br />

The filtering or blocking of much<br />

communication is a consequence of<br />

stereotypical perceptions and resultant<br />

generalisations. Don’t take it personally.<br />

In many instances, intended recipients don’t<br />

filter or reject individual communications.<br />

Rather, they just apply a blanket cover to<br />

every email, blog or text that comes their<br />

way. It’s a coping mechanism rather than<br />

discrimination, and it seems necessary in a<br />

world swamped with advertising messages.<br />

To achieve human connection and elicit<br />

positive engagement, more focus and effort<br />

is needed on attracting attention. Short<br />

attention spans dictate the need to formulate<br />

and implement snappy headlines, limited to<br />

concise, enticing and compelling three-tofive-word<br />

phrases.<br />

OVERCOMING FILTERS<br />

Consumer indifference pervades. Enthusing<br />

and motivating unmotivated and<br />

disconnected minds is a difficult challenge.<br />

Endeavouring to change people may be<br />

futile. In the words of Leo Tolstoy: “Everyone<br />

thinks of changing the world but no one<br />

thinks of changing himself.”<br />

An interesting allure is to offer real-time<br />

personal responses. This is something that<br />

around 80 per cent of business clients and 64<br />

per cent of consumers welcome and value.<br />

Increasingly, recipients of countless<br />

communications recognise and are<br />

offended by impersonal, mass-distributed<br />

missives. In this form, personal salutations<br />

are conspicuous and often deemed to be<br />

offensively insincere. Accordingly, they do<br />

not counter those widely-held negative<br />

generalisations about promotional emails,<br />

blogs and texts.<br />

Remember that the loss of a customer is only<br />

one bad experience away. Many potential<br />

relationships are never established because<br />

the first exchange between business and<br />

consumer is a communication that lacks the<br />

vital ingredients to attract attention.<br />

IT IS AN ART FORM<br />

Disturbingly, many supposed digital and<br />

online-marketing experts are deficient in their<br />

ability to attract attention for clients; they are<br />

good at registering with algorithms, which<br />

lack dimensions of emotion.<br />

By ensuring concise headlines, respecting the<br />

power of brevity and providing credible and<br />

authentic personal advantages, businesses<br />

can reap benefits when targeting their<br />

promotional messages. Having attracted your<br />

attention, you can now relax. i<br />

BARRY URQUHART<br />

is managing director of<br />

Marketing Focus and an<br />

international keynote speaker.<br />

marketinginfocus.net.au<br />

<strong>October</strong> <strong>2018</strong> <strong>Jeweller</strong> 47


LOGGED ON<br />

DETERMINING SOCIAL MEDIA MARKETING SUCCESS<br />

ANALYSING THE SUCCESS OF A BUSINESS’ SOCIAL MEDIA MARKETING CAMPAIGN CANNOT BE DONE SOLELY BY MONITORING<br />

PROFIT OR REVENUE. MANDY EDWARDS LOOKS TO MARKETING INSIGHTS WHEN ASSESSING SUCCESS.<br />

I’m going to start with a statement with<br />

which many won’t agree – social media<br />

success doesn’t always translate into dollars<br />

and cents. The return on a company’s social<br />

media investment won’t always be financial.<br />

Those who think they can make thousands<br />

of dollars by using social media to market<br />

their products are wrong. The chances are<br />

very high that they won’t make anything at<br />

all, when measured in dollars and cents.<br />

The success of any social marketing venture<br />

is determined by that business’ own end<br />

goal, as detailed in the company social<br />

media strategy. This strategy should include<br />

why you are using social media for your<br />

business and what the end goal should<br />

be for those efforts. Examples of end goals<br />

might be to increase brand awareness,<br />

build an online community or generate<br />

leads or sales.<br />

Businesses are sorely lacking in actually<br />

measuring their social media marketing<br />

efforts. Many will post and never look back<br />

to analyse what worked and what didn’t,<br />

as well as what they can do better or<br />

differently next time.<br />

Measuring social media is different to<br />

measuring ROI on something tangible like<br />

an expo event or a speaking engagement.<br />

When looking at ROI, you are looking at a<br />

return on investment and that almost always<br />

relates to money.<br />

Measuring success in social media requires<br />

looking at many different factors and<br />

bringing them together like pieces of a<br />

puzzle. Some are easy to track while others<br />

are a bit harder.<br />

Mark Schaefer wrote the book Social Media<br />

Explained a few years ago. In chapter six, he<br />

explains why businesses have to measure<br />

their social marketing efforts and activities.<br />

Schaefer made four points:<br />

• There is an implied value to everything<br />

• Expending effort should be justified<br />

• If you’re not measuring, how do you<br />

know you are making progress?<br />

• There is no excuse not to measure.<br />

First of all, Amen to number three! If<br />

businesses aren’t measuring what they are<br />

doing, how do they know it is working at all?<br />

As for number four, if they are giving an<br />

excuse as to why they can’t measure what<br />

they’re doing, that’s just a cop out. Schaefer<br />

also points out that not all ROI success is<br />

quantitative; some is qualitative – there are<br />

some elements that can be measured that<br />

don’t have a dollar value.<br />

EFFORT BENCHMARKS<br />

Consider the following benchmarks for<br />

common social media activities and ways in<br />

which these can be measured:<br />

• Community Growth – did you see an<br />

increase in the number of people in your<br />

community? Was there a decline? Why?<br />

• Engagement Levels – did you provide<br />

quality content that inspired likes,<br />

comments, shares, retweets, pins, etc? If so,<br />

you would measure that a positive? If not,<br />

figure out what didn’t work and try again.<br />

• Offer Redemptions – did you post an offer<br />

to your community? How many people<br />

redeemed it? Did you receive any leads<br />

from it?<br />

• Contest Entries – did your contest entries<br />

provide you with any leads or sales? Did<br />

they bring any community growth?<br />

• Clicks – how many people clicked through<br />

your content? It could have been a picture,<br />

a link, an ad, a contest or something else.<br />

Did you see an increase in your click-thru<br />

rate over last month? Make sure to check<br />

your Google Analytics as well on this one.<br />

• Overall sales – how did your overall sales<br />

compare to the amount of time you spent<br />

on social media?<br />

Can you attribute any sales increases or<br />

decreases to your efforts?<br />

DETERMINE THE BUSNIESS’ END GOAL TO ANALYSE SOCIAL MEDIA SUCCESS<br />

EXAMPLES OF<br />

END GOALS<br />

MIGHT BE TO<br />

INCREASE BRAND<br />

AWARENESS,<br />

BUILD AN ONLINE<br />

COMMUNITY OR<br />

GENERATE LEADS<br />

OR SALES<br />

• Conversions – did you track any website<br />

conversions from your LinkedIn, Twitter or<br />

Facebook ads? If so, was there an increase<br />

or decrease over the past month? Again,<br />

check Google Analytics.<br />

• Subscribers – did you see any increase or<br />

decrease in your email or app subscriber<br />

base? Was any of that a result of your social<br />

media marketing efforts?<br />

By calculating more than just dollars and<br />

cents, businesses can analyse how their<br />

social media efforts were successful.<br />

Using social media to market is ultimately<br />

about relationship building and the creation<br />

of trust and loyalty with a fanbase that wants<br />

to connect with your brand. Sales will come<br />

from that, sometimes sooner and sometimes<br />

later, but remember that social media<br />

marketing requires a purpose in every<br />

action you take.<br />

To give yourself the maximum chance<br />

of success, keep your end goal in<br />

mind always. i<br />

MANDY EDWARDS is<br />

founder of ME Marketing<br />

Services, a social media and<br />

management consultancy.<br />

memarketingservices.com<br />

48 <strong>Jeweller</strong> <strong>October</strong> <strong>2018</strong>


MY STORE<br />

UNIQUE OPAL<br />

MINE ADELAIDE<br />

COUNTRY: Australia<br />

NAMES: Tim Sheridan and<br />

Steven Miles<br />

POSITION: Co-Owners<br />

When was the renovated space<br />

completed?<br />

The jewellery store on the ground level<br />

was established 40 years ago and the<br />

mine beneath the shop was built 35<br />

years ago. The old owner showed us<br />

photos of the renovation and from our<br />

understanding, the mine space was<br />

mainly dug out with wheelbarrows,<br />

which nowadays you would never get<br />

away with. We took over the business<br />

about five and a half years ago.<br />

Who is the target market and how did<br />

they influence the store design?<br />

We have a lot of tourists and mining<br />

enthusiasts – “rockhounds” we call<br />

them – who visit. In the school holidays<br />

we have a lot of families and children<br />

coming to see the space. The mine has<br />

possibly the largest retail opal collection<br />

in the world. We do cutting and polishing<br />

demonstrations in the mine space so it’s<br />

very interactive for both our visitors and<br />

ultimately, our customers.<br />

With the relationship between store<br />

ambience and consumer purchasing<br />

in mind, which features in the store<br />

encourage sales?<br />

Most of our customers venture<br />

downstairs into the mine and that really<br />

encourages sales. They can see all the<br />

different types of Australian opals we<br />

have on offer. The mine space is split into<br />

Queensland boulder opal, Adamooka<br />

and Cooper Pedy sections so customers<br />

can identify different types of opals and<br />

discover what they like.<br />

What is the store design’s ‘wow factor’?<br />

We have an opalised dinosaur from<br />

Cooper Pedy on display. The Plesiosaur<br />

was originally on display in Adelaide<br />

Museum and the miner who found it<br />

later had it in a box in his garage. When<br />

we found out, we flew right over to check<br />

it out. The mine space is also lined with<br />

around $150,000 worth of opal, so that’s<br />

an attraction. i<br />

<strong>October</strong> <strong>2018</strong> <strong>Jeweller</strong> 49


10 YEARS AGO<br />

WHAT WAS MAKING NEWS 10 YEARS AGO?<br />

A SNAPSHOT OF THE INDUSTRY EVENTS THAT MADE NEWS HEADLINES IN THE OCTOBER 2008 ISSUE OF JEWELLER.<br />

Tiffany solid in Asia-Pacific<br />

The story: Tiffany & Co. has attributed strong sales<br />

in the Asia-Pacific region to solid profit growth in its<br />

first half year.<br />

According to a report in Inside Retailing, the<br />

high-end jeweller announced a group-wide sales<br />

increase of 11 per cent in the second quarter and a<br />

21 per cent increase in net earnings.<br />

“Sales in the Asia-Pacific region increased 17 per<br />

cent to $US214.2 million in the second quarter and<br />

19 per cent to $436.3 million in the first half,” Tiffany<br />

said in a statement.<br />

Michael Hill enters<br />

US market<br />

The story: Michael Hill International will<br />

make its debut into the US market after<br />

agreeing to purchase 17 Whitehall<br />

<strong>Jeweller</strong>s stores.<br />

All conditions for its purchase in Illinois and<br />

Missouri in the US have been satisfied, and<br />

the company has taken possession of the<br />

stores in accordance with the terms of<br />

the agreement.<br />

According to a statement from the<br />

company, the purchase price is in the<br />

vicinity of $US5.5m.<br />

Tiffany’s global retail operations “once again<br />

demonstrated the ability to generate strong<br />

operating earnings growth despite weakness in<br />

certain individual country markets,” said Michael J.<br />

Kowalski, chairman and CEO.<br />

ZAMEL’S CONVICTED<br />

OF FALSE PRICING<br />

The story: Ascot Four, the previous<br />

owner of the jewellery retailer<br />

Zamel’s, has been convicted in the<br />

Federal Court, Adelaide, of making<br />

false and misleading representations<br />

about the price of goods.<br />

Following an investigation into<br />

Zamel’s Christmas 2005 catalogue<br />

by the Australian Competition and<br />

Consumer Commission (ACCC),<br />

the Commonwealth Director of<br />

Public Prosecutions laid charges<br />

against the jewellery retailer on 20<br />

December 2006.<br />

According to an ACCC release,<br />

Zamel’s distributed 2.6 million<br />

Christmas catalogues in South<br />

Australia, ACT, Victoria, Western<br />

Australia and Tasmania.<br />

The chargers were in respect of 11<br />

jewellery items in the catalogue. Each<br />

of the 11 items featured a sale price<br />

next to a strike through the price.<br />

The court found that Ascot Four<br />

engaged in conduct in breach of<br />

section 75AZC(1)(g) of the Trade<br />

Practices Act 1974, which prohibits<br />

false or misleading representations<br />

being made in relation to the price<br />

of a good.<br />

Miller gets passionate about jewellery<br />

The story: Sydney-based supplier Miller Diamonds<br />

has launched two new ranges of diamond-mounted<br />

jewellery at the recent Australian <strong>Jeweller</strong>y Fair in<br />

Sydney. A market-ready range of Passion8 jewellery<br />

extends the group’s work with Passion8 branded<br />

diamonds, while branded line Gebrüder Schaffrath<br />

uses unique diamond settings.<br />

The Passion8 collection represents the diamond<br />

supplier’s first step into finished pieces and includes<br />

white and yellow gold and platinum rings, pendants<br />

and earrings set with Passion8 diamonds.<br />

In the Gebrüder Schaffrath collection, diamonds are<br />

held in place by a fine bar or two “special” claws that<br />

secure the top of the stones.<br />

50 <strong>Jeweller</strong> <strong>October</strong> <strong>2018</strong>


EVENTS<br />

JEWELLERY AND WATCH CALENDAR<br />

A GUIDE TO THE LOCAL AND INTERNATIONAL JEWELLERY AND WATCH EVENTS SCHEDULED TO TAKE PLACE IN THE YEAR AHEAD.<br />

OCTOBER<br />

NOVEMBER<br />

JEWELLERY & WATCH<br />

Birmingham, UK<br />

APRIL 2019<br />

MIDEAST WATCH &<br />

JEWELLERY SHOW<br />

Sharjah, UAE<br />

<strong>October</strong> 2 – 6<br />

mideastjewellery.com<br />

VIETNAM INTERNATIONAL<br />

JEWELRY FAIR<br />

Ho Chi Minh City, Vietnam<br />

November 8 – 12<br />

vietnamjewelryfair.com/en<br />

February 3 – 7<br />

jewelleryandwatchbirmingham.com<br />

HONG KONG<br />

INTERNATIONAL DIAMOND,<br />

GEM & PEARL SHOW<br />

Hong Kong, China<br />

COOBER PEDY GEM TRADE<br />

SHOW<br />

Coober Pedy, South Australia<br />

April 20 – 21<br />

cooberpedygemtradeshow.com.au<br />

BHARAT DIAMOND WEEK<br />

Mumbai, India<br />

<strong>October</strong> 8 – 10<br />

bharatdiamondweek.com<br />

MALAYSIA INTERNATIONAL<br />

JEWELLERY FESTIVAL<br />

Kuala Lumpar, Malaysia<br />

<strong>October</strong> 11 – 14<br />

mij.com.my<br />

ISTANBUL JEWELRY SHOW<br />

Istandul, Turkey<br />

CHINA INTERNATIONAL<br />

JEWELLERY FAIR<br />

Beijing, China<br />

November 9 – 13<br />

newayfairs.com/EN<br />

JEWELLERY ARABIA<br />

Manama, Bahrain<br />

November 20 – 24<br />

jewelleryarabia.com<br />

JANUARY 2019<br />

February 26 – March 2<br />

m.hktdc.com/fair/hkdgp-en/HKTDC-<br />

Hong-Kong-International-Diamond-<br />

-Gem---Pearl-Show.html<br />

HKTDC HONG KONG<br />

INTERNATIONAL JEWELLERY<br />

SHOW<br />

Hong Kong, China<br />

February 28 – March 4<br />

http://m.hktdc.com/fair/hkjewellery-<br />

en/HKTDC-Hong-Kong-International-<br />

<strong>Jeweller</strong>y-Show.html<br />

JUNE 2019<br />

JCK LAS VEGAS<br />

Las Vegas, US<br />

June 1 – 4<br />

lasvegas.jckonline.com<br />

HONG KONG JEWELLERY &<br />

GEM FAIR<br />

Hong Kong<br />

June 20 – 23<br />

exhibitions.jewellerynet.com<br />

<strong>October</strong> 11 – 14<br />

october.istanbuljewelryshow.com<br />

JEWELLERS INTERNATIONAL<br />

SHOWCASE (JIS)<br />

Miami, US<br />

<strong>October</strong> 19 – 22<br />

jisshow.com<br />

INTERNATIONAL<br />

JEWELLERY & WATCH<br />

SHOW<br />

Abu Dhabi, United Arab Emirates<br />

<strong>October</strong> 25 – 29<br />

jws.ae<br />

JEWELLERS<br />

INTERNATIONAL<br />

SHOWCASE (JIS)<br />

Miami, US<br />

January 12 – 14<br />

jisshow.com<br />

VICENZAORO T.GOLD<br />

Vicenza, Italy<br />

January 18 – 23<br />

10times.com/t-gold<br />

FEBRUARY 2019<br />

MARCH 2019<br />

BASELWORLD<br />

Basel, Switzerland<br />

March 21 – 26<br />

baselworld.com<br />

NATIONWIDE JEWELLERS<br />

ANTWERP<br />

March 31 – April 5<br />

nationwidejewellers.com.au<br />

JULY 2019<br />

WINTON OPAL<br />

TRADESHOW<br />

Winton, Australia<br />

July 12 – 13<br />

qboa.com.au<br />

LIGHTNING RIDE OPAL &<br />

GEM FESTIVAL<br />

Lightning Ridge, Australia<br />

July 24 – 27<br />

lightningridgeopalfestival.com.au<br />

SINGAPORE JEWELLERY &<br />

GEM FAIR<br />

Singapore<br />

<strong>October</strong> 26 – 29<br />

singaporejewellerygemfair.com<br />

TUCSON GEM, MINERAL &<br />

FOSSIL SHOWCASE<br />

Tucson, US<br />

February 2 – 17<br />

visittucson.org/events/gem-show<br />

<strong>October</strong> <strong>2018</strong> <strong>Jeweller</strong> 51


MY BENCH<br />

William (Bill)<br />

Whiting<br />

WORKS AT: Archer & Holland<br />

<strong>Jeweller</strong>s<br />

AGE: 63<br />

YEARS IN TRADE: 47<br />

TRAINING: Apprenticeship<br />

FIRST JOB: P & LJ Donnelly<br />

in 1971.<br />

Favourite gemstone:<br />

Diamonds – in all colours<br />

– because they can be the<br />

centre stone or used as<br />

highlights for other stones.<br />

Favourite metal:<br />

Platinum because a lot of<br />

jewellers resist working with<br />

it, due to the extra time it<br />

takes to prepare and finish a<br />

platinum piece.<br />

Favourite tool:<br />

My saw, because it is so<br />

versatile and feels like it is<br />

a part of me now after all<br />

these years.<br />

Best new tool discovery:<br />

I have not bought any new<br />

tools for quite a long time,<br />

but I have heard about the<br />

laser welder. Amazing!<br />

Best part of job:<br />

Handing over a piece of<br />

jewellery I have made for<br />

someone and seeing a<br />

smile on their face. It’s so<br />

rewarding.<br />

Worst part of job:<br />

Where I work in the<br />

basement of my shop, I<br />

don’t have any daylight or<br />

outdoor views.<br />

Best tip from a jeweller:<br />

When manufacturing, don’t<br />

waste time on things that<br />

may not be necessary.<br />

Best tip to a jeweller:<br />

Treat every piece of<br />

jewellery you are working<br />

on as if it were your own.<br />

Biggest health concern on<br />

the bench:<br />

My eyesight – I always wear<br />

safety glasses. You can’t do<br />

without your sight! i


SOAPBOX<br />

MASTER SOCIAL MEDIA<br />

TO GET CONSUMERS OFFLINE<br />

Online shopping has absolutely affected<br />

my business, as it has the entire industry<br />

and retail landscape. Customers<br />

approach me for products differently<br />

now and the variety of products on the<br />

online market has further confused<br />

customers who are trying to navigate the<br />

oversaturated market.<br />

People used to shop around and spend<br />

hours in different stores in order to find the<br />

perfect product. But now due to the rise of<br />

online shopping, people can view the same<br />

amount of stores in a fraction of the time.<br />

As a result, consumers seem to be under<br />

the impression that they are more timepoor<br />

now.<br />

This sense of instant gratification, as well as<br />

the hesitation to purchase goods in store, is<br />

an attitude shared especially by the younger<br />

generation. Because young consumers<br />

spend so much time behind the screen, they<br />

often struggle to communicate clearly when<br />

shopping in person.<br />

Young consumers also shop differently.<br />

When they are shopping online, if they don’t<br />

like the price or details of a product, they<br />

simply leave the website. The same goes for<br />

in person. If they see a price they don’t like,<br />

they often leave without conversation and<br />

don’t communicate. In this respect, social<br />

media has damaged public relations terribly.<br />

Social media is not all evil though, and it is a<br />

great way to communicate with consumers<br />

and get them off the computer and into the<br />

bricks-and-mortar. Opening a direct line of<br />

communication with customers on platforms<br />

like Facebook and Instagram is the first step<br />

to building trust and a relationship, which<br />

can encourage them to visit the store.<br />

If younger consumers see your products, or a<br />

similar product, on Facebook or Instagram, all<br />

they need to do is screenshot it and send you<br />

a message with any enquiries they may have.<br />

From there, it’s the same as any other sale.<br />

Making big, flashy media campaigns isn’t<br />

necessary and simple photos and videos<br />

are sometimes most effective. Anything<br />

that doesn’t engage the customer within<br />

the first few seconds is scrolled past simply<br />

because young consumers scroll through<br />

vast amounts of content every day, it cannot<br />

all be processed. Make content accessible<br />

within about half a second in order to get<br />

them to pause. If they pause, you have a<br />

much higher chance of them reacting to<br />

your post, leading to a possible engagement.<br />

Online messaging is particularly great at<br />

gaining the trust of consumers given how<br />

conversational and informal it can be. It is<br />

the next best thing to speaking with a real<br />

person. There are some minefields in social<br />

media marketing though, especially in the<br />

jewellery sector. For instance, a consumer<br />

may see a ring online that has been zoomed<br />

in 20 times to showcase its details, but when<br />

they see it in the flesh they may express<br />

disappointment because they feel the<br />

physical product isn’t how they envisaged it.<br />

I think it is therefore a mistake for retailers to<br />

look towards making their business model<br />

solely web-based, as there is no hard and fast<br />

way for customers to prove the quality and<br />

value of a product online.<br />

This is another reason why instant messaging<br />

SOCIAL MEDIA<br />

IS NOT ALL EVIL<br />

THOUGH, AND<br />

IT IS A GREAT<br />

WAY TO<br />

COMMUNICATE<br />

WITH CONSUMERS<br />

AND GET<br />

THEM OFF THE<br />

COMPUTER AND<br />

INTO THE BRICKS-<br />

AND-MORTAR<br />

is ideal for retailers, to ensure their claims<br />

are in writing and cannot be misconstrued<br />

by consumers, and vice versa. If a retailer<br />

is conversing with a customer online<br />

and explains the qualities and details of a<br />

product, the customer cannot then come instore<br />

and refute those claims, because they<br />

are in writing.<br />

The retailer or producer has to remember<br />

that how they market their product is a<br />

reflection of its ideal representation: What<br />

platform will do it justice, a computer<br />

screen, or a consumer going in-store to<br />

physically see it?<br />

Customer service has always been at<br />

the forefront of strong jewellery retailers’<br />

concerns, however now in the digital age,<br />

we have to be more diligent than ever<br />

before to ensure our reputations are positive<br />

and well-respected.<br />

My first employer in the jewellery industry<br />

once told me, “If you do a job right, three<br />

people will hear about it. If you do a job<br />

wrong, 10 people will hear about it.” So strong<br />

communication and relationship-building is<br />

paramount to success, especially in a time<br />

where online reviews are permanent and can<br />

be seen by everybody.<br />

By striking the balance with social media<br />

marketing, strong salespeople will be able<br />

to draw customers away from the computer<br />

and in through the door. i<br />

Name: Andrew Ioannou<br />

Business: Guild <strong>Jeweller</strong>y Design Pty Ltd.<br />

Position: Managing director<br />

Location: Adelaide, South Australia<br />

Years in the industry: 14 years<br />

54 <strong>Jeweller</strong> <strong>October</strong> <strong>2018</strong>


Seeing is believing<br />

to all our exhibitors and visitors<br />

for another successful International <strong>Jeweller</strong>y Fair.<br />

We look forward to seeing you in 2019!<br />

pms 2935 C<br />

pms 2935 C<br />

August 24 > 26, 2019<br />

ICC Sydney > Exhibition Centre > Darling Harbour<br />

www.jewelleryfair.com.au<br />

Brought to you by:<br />

events


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