Jeweller - March 2020
• Fancy Colour Diamonds Feature • Engagement Rings Feature • Buying Groups Feature
• Fancy Colour Diamonds Feature
• Engagement Rings Feature
• Buying Groups Feature
- No tags were found...
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
ADVERTISEMENT<br />
Buying Groups Report<br />
Independent <strong>Jeweller</strong>s Collective<br />
with Joshua Zarb, Chief Executive Officer<br />
Est. <strong>2020</strong> | 4 BOARD MEMBERS<br />
0448 416 070 • WWW.JEWELLERSCOLLECTIVE.COM<br />
Founded<br />
January <strong>2020</strong><br />
Objective<br />
40+ Members in first year<br />
What are the prerequisites for joining?<br />
The Independent <strong>Jeweller</strong>s Collective (IJC)<br />
is currently partnering with Australia’s<br />
finest proactive jewellers. With no sign-up<br />
fees or lock-in contracts, we are welcoming<br />
partners with the highest ethical standards<br />
and professional integrity Australia wide.<br />
All applicants are required to satisfy<br />
a standard credit application, and provide<br />
store imagery and a high-resolution<br />
business logo.<br />
them on creative and strategic marketing<br />
plans. We aim to help our partners identify<br />
who their target customer really is, and<br />
guide them in refining their marketing<br />
message and product mix to ensure<br />
they’re in business for decades to come.<br />
We will refocus our partners on their<br />
point of difference, and strategically<br />
elevate their brand.<br />
What will be the basis of your B2B and<br />
internal technology?<br />
expertise of our supplier partners.<br />
Everyone needs sell-through, and between<br />
our own B2B offering and our hands-on<br />
approach to member support, we aim to<br />
provide as much education to both our<br />
retail and supplier partners to drive sales.<br />
This is the best support we can offer the<br />
industry as a whole.<br />
How will your buying group focus on<br />
training and education?<br />
What are the benefits of joining?<br />
We empower independent retailers to<br />
engage with their customers in unique and<br />
innovative ways, partnering with specialists<br />
in different fields to bring them the most<br />
up-to-date expertise and assistance.<br />
We also offer a hands-on approach – all<br />
IJC partners receive structured annual<br />
visits from our management team to assist<br />
them with key areas of modern retailing, as<br />
well as ongoing training and development<br />
throughout the year. Retailers can refer<br />
to our website for a full list of benefits.<br />
What unique benefits are offered?<br />
We have a simple business model that<br />
rewards our partners every time they utilise<br />
our network of preferred suppliers, to use<br />
on our exclusive IJC Vault of retail services.<br />
IJC partners also gain access to our<br />
bespoke communications dashboard and<br />
Ezi-Billing portal that links directly with<br />
MYOB and Xero. We offer tailored marketing<br />
solutions specific to each partner’s<br />
demographic and store fit out.<br />
Our partners have access to extensive<br />
hands-on staff and management training<br />
as well as an online training portal not<br />
offered elsewhere within the industry. Our<br />
IJC directors all have extensive experience<br />
in member service organisations.<br />
What will your B2C marketing<br />
plans involve?<br />
Nobody knows their customer better than<br />
our partners, so we will work together with<br />
The IJC management team has years of<br />
experience in developing and administering<br />
all aspects of digital strategy and marketing<br />
best practices. We have an added advantage<br />
in that our chief technology officer is a<br />
first-class programmer, so we can integrate<br />
our offering with third-party platforms and<br />
develop our own infrastructure in-house<br />
as well.<br />
We have custom built our Ezi-Billing<br />
Platform, which has an integrated B2B<br />
Dashboard for all internal communications<br />
and resources. It also includes a B2B Order<br />
Platform for our supplier partners which<br />
has the ability to suggest open-to-buys by<br />
category, to plan spending effectively. We<br />
are very strong in technology at IJC.<br />
What other kind of promotional support<br />
will you offer members?<br />
We want to help our partners attract the<br />
right customers with simple, consistent,<br />
modern styling and messaging that truly<br />
connects with their target customer.<br />
We will be moving away from the old<br />
fashioned one-size-fits-all approach of<br />
a standardised printed posters, banners<br />
and tickets package, and will be polishing<br />
the look of stores by introducing modern<br />
signage and merchandising systems.<br />
How will you support local jewellery<br />
manufacturers?<br />
IJC will work alongside many local jewellery<br />
manufacturers and supplier partners and<br />
will not purchase and hold any items of<br />
stock. Instead, we will exclusively rely on the<br />
IJC<br />
Top 3<br />
Advantages<br />
• One-onone<br />
advice,<br />
education<br />
and support,<br />
including<br />
business<br />
assessments<br />
• Custom-built<br />
integrated<br />
billing facility<br />
and support<br />
platform<br />
• Passionate<br />
management<br />
team with<br />
extensive<br />
industry<br />
experience<br />
Training and education is at the core of IJC.<br />
Our model ensures that all partners are<br />
creating reserves to use specifically<br />
on training or services to better their<br />
business overall.<br />
All IJC partners will receive a<br />
comprehensive Business Performance<br />
Checklist that will offer them scores<br />
and feedback on every key performance<br />
indicator. As part of their membership, they<br />
will also receive a subscription to a complete<br />
sales, management and personal wellbeing<br />
package from one of our IJC Vault partners.<br />
We will host several training events<br />
throughout the year, including state-based<br />
training, to allow key staff and managers to<br />
attend sessions in a cost-effective manner.<br />
Our training plan will also include<br />
international education and networking<br />
trips. We believe our smaller group size,<br />
strong training and development focus,<br />
and one-on-one assistance are some of<br />
the biggest drawcards for IJC.<br />
What is the cost of membership?<br />
Our membership fee is only $79 per month.<br />
This fee contributes to our extensive<br />
marketing and operational support.<br />
We give back to our partners by providing<br />
them rebates to utilise on our extensive<br />
menu of business services, typically<br />
providing them several thousands of dollars<br />
annually to directly assist them to grow<br />
sales or reduce costs.<br />
44 | <strong>March</strong> <strong>2020</strong>