Independents

Squirrel Spotting: 12 Holiday-Time Tips

IndependentsOct 25, 2016

Squirrel Spotting: 12 Holiday-Time Tips

Peter Smith breaks from hanging his stocking by the chimney with care to share tips on staffing, stocking and selling.

2016-Peter_Smith_copy.jpg
Peter Smith has more than 30 years of experience building wholesale and retail sales teams. He currently is president of Vibhor Gems.

For his latest column, Peter Smith took a break from hanging his stocking by the chimney with care to share tips on staffing, stocking and selling for the holiday season.

Read on for a dozen busy-season suggestions from the author of Hiring Squirrels and the widely read article, What Will Become of Retail Jewelry Stores?

1. Post Your Hours of Operation
Spend a few bucks and have someone post your holiday hours on your front door and/or window. When the season is over, have the hours changed but always have your hours posted. Also, post your hours of operation on your website, including any extended hours for season, and always have your hours of operation updated on your store’s voicemail.

2. Make Finding Your Phone Number Easy
Ensure that your phone number is clearly posted on your website and monitor any messages on your voicemail and your e-mails on a regular basis, certainly no less than hourly.

3. Name Tags
If you don’t already do so, think about having name tags made for your staff in season. We need to do everything we can to make the customer experience as low effort for them as possible. There is absolutely no downside (save vanity for some) to this.

4. Best Sellers
If you have not made plans to ensure that your best sellers are in stock, and potentially backed up, then you should do it immediately. Dreams of clearing your non-performing inventory through the season are just that. While you occasionally can move otherwise non-performing inventory in the height of the season, the days of customers buying anything in the madness of the holidays have come and gone. There is a reason why your best sellers are best sellers. Do not make the mistake of losing business and customers because you tried to sell them tickets to last week’s concert.

5. Schedule Your Best People for Busiest Times
This is not the time to massage egos or demonstrate your fairness and equity in making the schedule. Even as patterns shift from times past, you should still have a pretty good idea about when you will be busiest. Schedule your best salespeople (those are the ones who can actually sell stuff!) when they are most likely to make sales.

6. No Up-System
If you use the Up-System (each salesperson gets an equal amount of turns with walk-in customers), you are losing business.
If being fair is more important than making sales, keep doing it. If you can afford to miss opportunities, keep doing it. If you want your least effective salespeople to have the same access to your customers as your best, keep doing it. If you want to maximize business, scrap it now. It is one of the craziest things I have ever heard and it is anti-business.

RELATED CONTENT: Thumbs Down for the Up-System

7. Expect Every Customer to Buy
It seems almost sacrilegious to discuss this in a couple of sentences, but you should expect that every single customer who visits your store is doing so with the intent of buying something. If you feel otherwise, you’re in the wrong business. Make sure that attitude permeates throughout your culture and expect nothing less of yourself, your team and, most importantly, your customers.  

8. Smile
I went into a store in Dallas a few weeks ago and the atmosphere and negativity emanating from the sales team was shocking. It was as clear as could be that no one wanted to be there and they were obviously not enjoying their jobs. Make sure your people act and look like they want to be there and want to help customers. They should have positive body language with each other and with your customers. Create an energized and positive environment (put some bloody music on, please!!!!!) and encourage your team to have fun. Wearing a smile costs nothing but it sets a beautiful tone for your customers.

9. Paradox of Choice
I’ll make this short. The more choices we give the customer, the less likely they are to buy. Ask good open-ended questions; listen well to their answers and present no more than three items when it comes time to introduce product.

10. Three Price Points
When the customer gives you their price point, make sure that the price they give you is represented in the three options. For instance, if they want to spend $1,000, the three options should be about $1,000, $1,500 and $2,000. That is called the contrast principle or anchoring and there is a ton of science to support the rationale for using it. What the science also shows is that more often than not, the customer selects the middle option. Do the math on the difference that can make in your business.

11. Ask for the Sale
Ask 100 percent of your customers for their business. ‘Tis not the season to feed information and ideas to customers so that they can shop elsewhere (and don’t think that you are competing with just other jewelers). The best salespeople already ask for the sale more than their colleagues, and the less successful salespeople will be pleasantly surprised at the number of customers who agree to make a purchase because they were asked to do so.

12. Capture E-mails
Ask everybody for their e-mail. This is not the time to resort to time-worn clichés of, “We just don’t have time,” or “People don’t want to give you their e-mail.” I get most of my sales receipts (including from Apple, Macy’s, Lord & Taylor and others) e-mailed to me. They don’t ask me; they just assume I want it electronically and they put the burden on me to ask for paper if I prefer that.

There might be other reasons to request the e-mail, such as special offers, to remind the customer of cleaning or appraisal updates, to follow up on inquiries, or to have private customer-only sales every now and again. No matter what your narrative, expect to capture everyone’s e-mail. It is still one of the most important marketing tools available to us today. Don’t let anyone tell you otherwise.

Have fun and be successful!

Peter Smith, author of Hiring Squirrels: 12 Essential Interview Questions to Uncover Great Retail Sales Talent, has spent more than 30 years building sales teams at retail and at wholesale. He currently is president of Vibhor Gems. Email him at peter@vibhorgems.com, dublinsmith@yahoo.com or reach him on LinkedIn.
Peter Smithis an industry consultant, speaker, and sales trainer, and author of 3 books on sales. Reach him at TheRetailSmiths@gmail.com.

The Latest

Kraft Mac & Cheese x Ring Concierge Forever Macaroni Necklace
TrendsMay 02, 2025
Ring Concierge, Kraft Partner on Mother’s Day Macaroni Necklace

The childhood craft of making dried pasta necklaces for Mother’s Day is all grown up as the 14-karat gold “Forever Macaroni” necklace.

Angely Martinez emerald Promise ring
CollectionsMay 02, 2025
Piece of the Week: Angely Martinez’s Emerald Promise Ring

Set with May’s birthstone and featuring an earthworm, this ring is a perfect celebration of spring.

Stuller 2025-2026 bridal catalog
MajorsMay 02, 2025
Stuller’s New Bridal Catalog Is Here

“Bridal 2025–2026” includes popular styles and a dedicated section for quick pricing references of lab-grown diamond bridal jewelry.

Supplier Spotlight -Recorded-Webinar.png
Brought to you by
Watch: The Winston Red: GIA Examines the Smithsonian’s Newest Addition

Supplier Spotlight Sponsored by GIA

Americut Gems
SourcingMay 01, 2025
Tariffs & Colored Gemstones: Relying on Stock, Considering the Ripple Effect

Though currently paused, high tariffs threaten many countries where gemstones are mined. Dealers are taking measures now to prepare.

Weekly QuizMay 01, 2025
This Week’s Quiz
Test your jewelry news knowledge by answering these questions.
Take the Quiz
Exterior of new David Yurman store in the Miami Design District
MajorsMay 01, 2025
Peek Inside David Yurman’s New Miami Flagship Store

Located in Miami’s Design District, the 4,000-square-foot store is an homage to David and Sybil Yurman’s artistic roots.

Oscar Heyman emerald and diamond necklace
TrendsMay 01, 2025
Amanda’s Style File: 20 Pieces of Emerald Jewelry for May

May babies are lucky indeed, born in a month awash with fresh colors and celebrated with one of the most coveted colored gemstones.

ejap cohort 1872x1052.png
Brought to you by
Emerging Jewelers Accelerator Program Announces Second Cohort of Aspiring Jewelry Entrepreneurs

Six new retail businesses were selected for the 2025 program, which began in January.

Jewelers of America logo
MajorsMay 01, 2025
Jewelers of America Opens Applications for 2025 Scholarships

The deadline to apply for the Seymour & Evelyn Holtzman Bench Scholarship is June 12.

Stock image of an empty clothing store
SurveysApr 30, 2025
Consumer Confidence Hits Pandemic-Level Low Amid Tariff Concerns

What’s really worrying U.S. consumers isn’t the present situation; it’s what the economy is going to look like six months from now.

2025 Instore Jewelry Show Graphic
Events & AwardsApr 30, 2025
Instore Show Debuts New Name, Look, and Focus

Now called The Instore Jewelry Show, it will include holiday-focused education, interactive workshops, and a window display contest.

GemWorld GemGuide logo
SourcingApr 30, 2025
GemGuide Has a New Pricing Chart for Colombian Emeralds

It includes pricing for unenhanced Colombian emeralds in the fine to extra fine range.

Tiffany & Co. Sea Turtle Ring
CollectionsApr 30, 2025
Tiffany & Co. Goes Deep-Sea Diving in New Blue Book

The “Sea of Wonder” collection features pieces inspired by the ocean, from its waves to flora and creatures like urchins and sea turtles.

Golconda Blue
AuctionsApr 29, 2025
‘Golconda Blue’ Diamond Pulled From Auction

The 23-carat fancy vivid blue diamond, set to headline Christie’s May jewelry auction, was expected to sell for as much as $50 million.

National Jeweler Columnist Emmanuel Raheb
ColumnistsApr 29, 2025
Google Ads vs. Social Media Ads: Which Are More Effective?

Emmanuel Raheb outlines the differences between the two platforms and posits that the most successful jewelers use both.

Gemfields rough rubies
SourcingApr 29, 2025
Gemfields Mini Ruby Auction Achieves $7M

The miner said its April sale featured a mix of commercial-quality primary rubies and secondary rubies of varying quality.

Counterfeit Van Cleef & Arpels Alhambra jewelry
CrimeApr 28, 2025
Customs Seizes Nearly 2,000 Pieces of Counterfeit Van Cleef & Arpels Jewelry

U.S. customs agents in El Paso, Texas, intercepted the package, which would have been worth $9 million if the jewelry was genuine.

Suzanne Kalan Tech Ring Jacket Collection
TrendsApr 28, 2025
Suzanne Kalan Launches Tech Ring Jacket Collection

Health monitors become statement pieces when paired with the brand’s new collection of stackable diamond-studded bands.

JCK Industry Fund
Events & AwardsApr 28, 2025
JCK Industry Fund Announces 2025 Grant Recipients

Ten organizations were selected this year.

Sylvie Jewelry Auranova Collection Campaign Imagery
CollectionsApr 25, 2025
Sylvie Looks to Water in New Sculptural Bridal Collection

“Shell Auranova” is the next generation of the brand’s bridal line, featuring half-bezel engagement rings with bold and fluid designs.

Pomellato Nudo toi et moi ring
FinancialsApr 25, 2025
Kering’s Jewelry Brands Persevere as Q1 Sales Sink 14%

Boucheron and Pomellato performed well in an otherwise bleak quarter for Kering amid struggles at Gucci.

Deborah Meyers Experience The Birds Earrings
EditorsApr 25, 2025
Piece of the Week: Deborah Meyers Experience’s ‘The Birds’ Earrings

Designer Deborah Meyers created her birds from oxidized sterling silver, rose-cut diamond eyes, and Akoya Keshi pearl feathers.

Melee diamonds from De Beers
SourcingApr 25, 2025
De Beers Sales, Production Fall in Q1 Amid Uncertainty

The company said it expects sightholders to remain “cautious” with their purchasing due to all the unknowns around the U.S. tariffs.

LIM-401 2024 National Jeweler Supplier Bulletin- iD100 Web and Eblast FINAL (1).jpg
Supplier BulletinApr 24, 2025
Protect Your Customers and Your Business

Sponsored by the Gemological Institute of America

Wolf CEO Simon Wolf
EditorsApr 24, 2025
Q&A: Wolf’s CEO Talks U.S. Expansion

Simon Wolf shares why the time was right to open a new office here, what he looks for in a retail partner, and why he loves U.S. consumers.

Iowa jeweler Herman Ginsberg
IndependentsApr 24, 2025
Longtime Iowa Jeweler Herman Ginsberg Dies at 99

A third-generation jeweler, Ginsberg worked at his family’s store, Ginsberg Jewelers, from 1948 until his retirement in 2019.

Charles & Colvard moissanite ring
FinancialsApr 24, 2025
Charles & Colvard Delisted From Nasdaq Due to Noncompliance

The company failed to file its quarterly reports in a timely manner.

×

This site uses cookies to give you the best online experience. By continuing to use & browse this site, we assume you agree to our Privacy Policy