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

Tiffany & Co. Love Is a Gift Campaign and David Yurman The Joy of Extraordinary Memories campaign
MajorsNov 10, 2025
Jewelers Focus on Love, Joy In 2025 Holiday Campaigns

Tiffany & Co., David Yurman, and Pandora have launched holiday campaigns depicting their jewelry as symbols of affection and happiness.

Hand holding holiday shopping bags
SurveysNov 10, 2025
5 Things Retailers Should Know About Holiday Shoppers This Year

The National Retail Federation is bullish on the holidays, forecasting retail sales to exceed $1 trillion this year.

The Rainbow Collection Christies
AuctionsNov 10, 2025
300+ Colored Diamonds Up for Auction at Christie’s

Late collector Eddy Elzas assembled “The Rainbow Collection,” which is offered as a single lot and estimated to fetch up to $3 million.

roseco-catalog.png
Brought to you by
Roseco Releases New Full-Line Catalog

Roseco’s 704-page catalog showcases new lab-grown diamonds, findings, tools & more—available in print or interactive digital editions.

 Sapphire tennis necklace
EditorsNov 07, 2025
Piece of the Week: An MVP’s Sapphire Tennis Necklace

At the 2025 World Series, the Los Angeles Dodgers’ Yoshinobu Yamamoto sported a custom necklace made by California retailer Happy Jewelers.

Weekly QuizNov 06, 2025
This Week’s Quiz
Test your jewelry news knowledge by answering these questions.
Take the Quiz
Watches of Switzerland Mall of America store
FinancialsNov 07, 2025
Watches of Switzerland’s H1 Sales Up 8%

The retailer also shared an update on the impact of tariffs on watch customers.

AGTA Spectrum winners
SourcingNov 06, 2025
Pink Tourmaline Bracelet, Emerald Suite Take Top Spectrum Honors

Pink and purple stones were popular in the AGTA’s design competition this year, as were cameos and ocean themes.

20-Under-40-2025-LV.png
Brought to you by
Jewelers of America Aligns New Mission to Create Meaningful Impact for Members

From educational programs, advocacy, and recent MJSA affiliation, Jewelers of America drives progress that elevates businesses of all sizes.

Courtney Cornell
IndependentsNov 06, 2025
Cornell’s Jewelers Names New President

Courtney Cornell is part of the third generation to lead the Rochester, New York-based jeweler.

Trucks at Orapa diamond mine
SourcingNov 06, 2025
De Beers’ Production, Sales Increase in Q3

De Beers also announced more changes in its upper ranks ahead of parent company Anglo American’s pending sale of the company.

Ulrich Wohn
WatchesNov 05, 2025
Shinola President Steps Down Just as He Starts

Former Signet CEO Mark Light will remain president of Shinola until a replacement for Ulrich Wohn is found.

Artifex White Diamond, Fancy Dark Yellowish Brown Diamond, and Blue Sapphire Rings
AuctionsNov 05, 2025
Taylor Swift’s Engagement Ring Designer Makes Her Auction Debut

Kindred Lubeck of Artifex has three rings she designed with Anup Jogani in Sotheby’s upcoming Gem Drop sale.

Tyla Pandora Talisman collection
FinancialsNov 05, 2025
Pandora Posts Modest Q3 Sales Growth Amid ‘Weak’ Consumer Sentiment

The company focused on marketing in the third quarter and introduced two new charm collections, “Pandora Talisman” and “Pandora Minis.”

Brilliant Earth Jane Goodall Peace Medallion
FinancialsNov 05, 2025
Brilliant Earth’s Q3 Sales Climb 10%

The jewelry retailer raised its full-year guidance, with CFO Jeff Kuo describing the company as “very well positioned” for the holidays.

US Supreme Court
Policies & IssuesNov 04, 2025
Supreme Court to Hear Tariffs Case Wednesday

Ahead of the hearing, two industry organizations co-signed an amicus brief urging the court to declare Trump’s tariffs unlawful.

Stuller Inc.’s Danny Clark, Matt Stuller, and Belit Myers
MajorsNov 04, 2025
Danny Clark to Become Stuller CEO, Succeeding Matt Stuller

Stuller COO Belit Myers will take on the additional role of president, with all changes effective at the start of 2026.

Headshot of National Jeweler columnist Peter Smith
ColumnistsNov 04, 2025
Peter Smith: What Do Birds Have to Do With the Price of Gold?

Smith cautions retailers against expending too much energy on things they can’t control, like the rising price of gold.

Mellerio Jardin Pierreries Necklace
TrendsNov 04, 2025
Amanda’s Style File: Fall Colors for November Birthdays

Citrine and topaz are birthstones fit for fall as the leaves change color and the holiday season approaches.

Weston Jewelers Fort Lauderdale store rendering
IndependentsNov 04, 2025
Weston Jewelers Heads to Fort Lauderdale

The family-owned jeweler will open its fourth store in Florida in late 2027.

Two of the three suspects in burglary at Queens jeweler’s home
CrimeNov 03, 2025
Men Dressed as Construction Workers Burglarize Jeweler’s Home

The NYPD is looking for three men who stole a safe and jewelry valued at $3.2 million from the home of a jeweler in Jamaica Hills, Queens.

Matthew Rosenheim
MajorsNov 03, 2025
Matthew Rosenheim Takes Over as JA Board Chair

The trade organization also announced its executive committee and five new directors.

Muse’s Have a Heart x Diamonds Do Good Collection on Flaviana Matata
CollectionsNov 03, 2025
Muse’s ‘Have a Heart’ Collab Returns, Now With DDG

The “Have a Heart x Diamonds Do Good” collection is championed by model and humanitarian Flaviana Matata and will benefit her foundation.

Christies Kashmir sapphire ring
AuctionsNov 03, 2025
Kashmir Sapphire Ring Tops Christie's Online Auction

The ring, set with a nearly 17-carat Kashmir cabochon sapphire, sold for $1 million.

Heavenly Vices Mother Father Spinner Necklace
TrendsOct 31, 2025
Piece of the Week: A Spinner Fit for ‘Frankenstein’

This “Mother Father” spinner necklace from Heavenly Vices Fine Jewelry draws inspiration from Victorian Era jewelry.

Interpol Stolen Works of Art Database, The Louvre Museum Graphic
CrimeOct 31, 2025
5 More Arrested in Louvre Heist, Jewelry Still Missing

The suspects were rounded up in Paris and its suburbs on Wednesday night, but none of the stolen jewels were recovered with them.

My Next Question webinar graphic
Recorded WebinarsOct 31, 2025
Watch: How to Master Google Reviews for Your Business

Experts share top tips on how to encourage positive reviews and handle negative feedback.

GIA iD100® Technology
Supplier BulletinOct 30, 2025
Protect Your Customers and Your Business

Sponsored by the Gemological Institute of America

×

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