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Jeweller - July, Edition II 2020

• At your service: why customer experience is critical to improving sales • What women want: how jewellers can profit by targeting female consumers • Marker's mark: show-stopping pieces from local jewellers

• At your service: why customer experience is critical to improving sales
• What women want: how jewellers can profit by targeting female consumers
• Marker's mark: show-stopping pieces from local jewellers

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TO PUBLISH<br />

PRICE OR<br />

NOT TO<br />

PUBLISH<br />

PRICE?<br />

THAT IS THE<br />

QUESTION.<br />

my<br />

dreams<br />

KEY PRICE<br />

POINTS<br />

Avoid ‘sticker<br />

shock’ by<br />

demonstrating<br />

product value<br />

anymore. We first got conditioned to discover<br />

the price by the car companies. You can<br />

configure any car and their websites will give<br />

you the exact price.<br />

This practice has extended well beyond the<br />

automotive industry now.<br />

bravery<br />

vitality<br />

Neutralise copycat<br />

competitors<br />

by leading<br />

the category<br />

Customers<br />

expect to see<br />

prices online –<br />

don’t disappoint<br />

them<br />

Visible prices<br />

eliminate<br />

customers who<br />

are not a fit<br />

Even if the price isn’t published on a<br />

company’s website you can usually get it from<br />

an existing customer on social media.<br />

Ask the question on Twitter or Facebook, and<br />

if the company is large enough, or prominent<br />

enough, you’ll get an answer.<br />

Save your time<br />

Published prices save time: Let your<br />

customers determine if your services are the<br />

right fit. My company’s goal is to achieve the<br />

two-call close — and if I could make it a onecall<br />

close, even better.<br />

direction<br />

good<br />

luck<br />

A primary way I achieve this is through making<br />

my website sell as well as my best sales<br />

person. My thinking is any information I would<br />

give in a sales call should be on the website.<br />

This helps me in two ways. First, it eliminates<br />

people that aren’t a fit. This saves them time,<br />

and it saves me time.<br />

my<br />

family<br />

Second, it positions the services by helping<br />

customers understand where the services fit<br />

in the spectrum of options available to them.<br />

Price is a positioning tool.<br />

The customer wants pricing: This is the<br />

number-one reason for me to publish price.<br />

If the customer wants that information then<br />

give it to them.<br />

It’s a key aspect of their decision-making<br />

process. If it helps them make better buying<br />

decisions faster, it just makes sense to publish<br />

your rates proudly on your website!<br />

Publishing your prices on your website doesn’t<br />

fulfil your value proposition or make your<br />

brand stickier, but it can whet your customers’<br />

appetite to buy faster.<br />

JEREMY MILLER a brand builder, keynote<br />

speaker and bestselling author of Sticky<br />

Branding. Visit: stickybranding.com<br />

Offer:<br />

FREE SHIPPING<br />

on orders over AUD$300 until 31 st <strong>July</strong><br />

As we continue to face uncertain times, we want to reach out<br />

with wishes of love, hope and strength and remind you that Stow<br />

Lockets remains committed to supporting our valued retailers.<br />

Stow Lockets can be carefully stylised, creating a sentimental<br />

heirloom jewellery piece for your customers.<br />

One which will be cherished forever.<br />

sales@stowlockets.co.nz | +64 7 281 1509<br />

stowlockets | #preciousstories | stowlockets.com

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