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Jeweller - June, Edition II 2020

• Shock value: How jewellers can adapt to and even benefit from the impact of COVID-19 • Brave new world: Preparing your business for the 'next normal' of retail • Double or nothing: experts reveal the key strategies to securing multiple-item sales

• Shock value: How jewellers can adapt to and even benefit from the impact of COVID-19
• Brave new world: Preparing your business for the 'next normal' of retail
• Double or nothing: experts reveal the key strategies to securing multiple-item sales

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he proceeded to put it aside and wrap up<br />

just the first item.<br />

In other words, he gave up!<br />

In that one action, he demoted himself<br />

from expert salesman to clerk.<br />

What would it have taken to close that<br />

second sale? He already had a list of all<br />

the things I needed and could’ve even<br />

pushed for three or more items, but<br />

instead he ended up closing with a<br />

one-item sale.<br />

Just by saying, “Do you really want that?”<br />

he made me feel as if I shouldn’t be<br />

buying it.<br />

Certainly, I didn’t actually need it.<br />

In the salesperson’s eyes, he believed<br />

he did an excellent job. We bonded, he<br />

got my information for the mailing list to<br />

make sure I was aware of any specials<br />

or classes that were taking place in the<br />

store, he gave me a buying guide, he<br />

converted my wants into needs.<br />

He made me feel like an insider as<br />

opposed to the true outsider I really was,<br />

and he closed the sale.<br />

The problem is that he had the ability to<br />

make a multiple sale and lost out on that<br />

– perhaps because he didn’t want to be<br />

'too pushy' or because he wanted to be<br />

liked by me.<br />

Consequently, that sales opportunity<br />

walked right out the door.<br />

Worse than that, he didn’t service his<br />

customer properly because I had to<br />

make an additional trip to another store<br />

to purchase the missing components of<br />

what I needed for my project.<br />

To sell is to serve<br />

When you are servicing a customer well,<br />

you are selling them; you’re selling them<br />

on yourself, on the ideas you provide, and<br />

on the products.<br />

Remember that when you’re selling,<br />

you’re serving – you’re taking care of<br />

Selling is<br />

serving<br />

<br />

customer's<br />

needs with<br />

multiple items<br />

Read the<br />

signals<br />

Don't assume<br />

limitations and<br />

ignore positive<br />

buying signals<br />

Convert<br />

wants into<br />

needs<br />

Use your<br />

expertise to<br />

suggest and<br />

inspire<br />

needs and delivering customer service.<br />

As good a seller as he was, the salesman<br />

in my example ultimately didn’t take care<br />

of my needs.<br />

I wanted to buy the item, but I left the<br />

store without it!<br />

Retailers make their money not by selling<br />

an initial item; they make their money by<br />

selling multiple items to the customer.<br />

We’ve paid to bring customers into the<br />

store through marketing, advertising, and<br />

merchandising, and to have someone wait<br />

on them and to gain their trust, in order to<br />

have them buy something.<br />

Don’t throw all those advantages away by<br />

not maximising the opportunities when<br />

they present themselves. Believe me, the<br />

customer will thank you later!<br />

RICK SEGEL and MATTHEW HUDSON<br />

are founders of retail training and<br />

<br />

Associates.<br />

We are<br />

here to<br />

help fulfil<br />

your ideas<br />

We are here to help you fulfil your ideas. As a<br />

customer-focused Australian business, we aim<br />

to service the needs of the retail and wholesale<br />

jewellery industry by helping to centralise the<br />

development of innovative products and concepts.<br />

For our existing branded products, we offer<br />

packaging, instore displays, care cards and coop<br />

advertising alongside an active social media<br />

campaign to supplement the story of the brand.<br />

We are<br />

here to<br />

make your<br />

job easier<br />

It’s been challenging, but lockdown has been a<br />

helpful time to review the way we present products<br />

on our selling platforms.<br />

To help ensure your online showcase look beautiful<br />

online, we have compiled our product images,<br />

marketing material and logos for your use. Contact<br />

us today for immediate access.<br />

Also offering credit facilities, resizing and repairs,<br />

warranties, customised manufacturing and nextday<br />

delivery.<br />

OUR BRANDS<br />

03 9555 9344<br />

SALES@ PFJ.COM.AU<br />

WWW.PFJ.COM.AU

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