Instore Magazine - May 2025

Sherry Smith

2025-04-15 17:34:34

SHERRY SMITH ON MARKETING

SOCIAL CLIMBING

Reap more rewards from social media by utilizing these tips and strategies

SOCIAL MEDIA IS a dynamic engine offering unique opportunities for independent jewelry stores to connect with customers, foster growth, and build lasting engagement. Here’s how.

Expand Reach and Attract New Customers. Social media removes traditional barriers to reaching customers, allowing jewelers to connect with vast audiences beyond their local footprint. Use these platforms to promote special events, launch collections, announce exclusive offers, and introduce new products to a targeted audience, turning your social feed into an efficient sales funnel.

Cultivate Customer Loyalty. According to Sprout Social, 77% of consumers are more likely to buy from a brand they follow on social media after a positive experience. In an age of information overload, direct connection matters. Quick, responsive interactions addressing inquiries, acknowledging comments, and valuing feedback are invaluable. Using social platforms for real-time customer service and actively soliciting input keeps customers returning.

Leverage Targeted Marketing. Using social media, jewelers can precisely target desired demographics based on interests, age, purchase history, location, and more. This allows for highly effective, tailored campaigns that optimize marketing spend and deliver high-impact results.

Drive Direct Sales. Platforms like Instagram Shopping and Face-book Marketplace streamline the conversion path from follower to customer. By integrating purchasing options directly into posts and profiles, jewelers can turn casual browsing into tangible sales, capturing impulse buys and simplifying the customer journey.

Gain Actionable Insights with Analytics. Detailed data on customer preferences, engagement patterns, and post performance empower jewelers to make informed, data-driven decisions about inventory, marketing strategies, and overall business offerings.

Develop a Distinct Brand Personality. Finally, social media allows independent jewelers to cultivate and communicate a unique brand personality. Actively building an engaged online community fosters a sense of belonging among followers. This deepens loyalty, encourages word-of-mouth referrals, and transforms customers into brand advocates.

For independent retail jewelers aiming for growth and resilience in the digital age, social media isn’t just beneficial, it’s essential. While getting started might seem daunting, consistency is more important than complexity. Even dedicating a few hours per week can yield significant results. Don’t wait: Choose one platform and start sharing your story today.

Actionable Mini-Tips:

➜ Use high-quality photos and videos showing pieces from multiple angles.

➜ Aim to respond to comments and messages within 24 hours.

➜ Start with location targeting for local foot traffic alongside interest targeting (e.g., engaged couples)

➜ Ask questions in your posts and run polls to encourage interaction.

SHERRY SMITH is the director of business development for The Edge Retail Academy. She has 20 years of experience as principal partner in two retail jewelry stores and is particularly adept at merchandising and inventory management. inquiries@edgeretailacademy.com


TRUETALES

A CUSTOMER CAME IN for a sizing of an engagement ring purchased at Walmart. We performed this and the customer picked up the ring and left. We got a call later saying his fiancée was in tears because the diamond was not the same. We invited them both to come in. While my husband tried to assure them this would be impossible and that no stone is worth the reputation of our business, I was looking up the SKU on the Walmart website to get a picture of the ring.

It was a perfect match to the ring in hand: a round stone in a bright mounting. The bride-to-be insisted the stone was more square in shape. I was ready to ask them to leave, but my husband was feeling generous and offered them any stone they wished to match her “memory” for no charge. She chose a cushion cut stone that was much larger than her original diamond and would require us to remove the bright setting and make further modifications. They accepted this arrangement, we ordered the stone and modified the ring. It turned out beautifully! They came, picked it up and left. A week later, they contacted us to say her ring had been stolen. They wanted us to provide a full description of the ring. I told my husband to direct them to the Walmart website and end all contact. Gloria Horn, Donaldson’s Jewelers, Topeka, KS

WOULDACOULDASHOULDA

What you’d have said to that rude or clueless customer ... if only you’d thought of it faster

“WELL, WHAT ARE YOU DOING HERE THEN?”

… TO THE CUSTOMER who said, “Well, my jeweler wouldn’t even charge to do that.” Woulda Coulda Shouldas are provided anonymously by INSTORE s Brain Squad


©Retail Management Publishing / Formerly GK Magazine Publishing. View All Articles.

Sherry Smith
https://lsc-pagepro.mydigitalpublication.com/article/Sherry+Smith/4963510/844495/article.html

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