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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 />
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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 />
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<strong>October</strong> <strong>2018</strong> <strong>Jeweller</strong> 5
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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 />
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Copyright: All material appearing<br />
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Reproduction in whole or in part is<br />
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Gunnamatta Media Pty Ltd strives to<br />
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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 />
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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 />
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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 />
new<br />
dimension<br />
LOCAL JEWELLERY MANUFACTURERS<br />
ARE BRIDGING THE GAP BETWEEN<br />
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INNOVATIVE 3D PRINTING PIONEERS<br />
BY EMBRACING NEW TECHNOLOGY.<br />
LUCY JOHNSON INVESTIGATES THIS<br />
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 />
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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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“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 />
advancements available in 3D printing.<br />
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“[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 />
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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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