While the overall number of crimes was down, there were more incidences in which robbers pulled out guns, mace, or rammed cars into stores.
Build a Sparkling Reputation with Consumer Loyalty
Customer loyalty is essential for building a successful business. Every business owner wants loyal customers, but how do you encourage loyalty?

Brought To You By Synchrony
Customer loyalty is essential for building a successful business. Every business owner wants loyal customers, but how do you encourage loyalty?
Synchrony, a leading provider of retail credit programs for businesses nationwide, examined the topic in its 2019 Loyalty Study. They conducted an online survey of 1,500 consumers with questions designed to probe the psychology, motivations and emotions of shoppers. Responses were weighted to U.S. demographic factors such as income, education, geography and ethnicity.
“Business owners tend to think consumers base their purchase decisions on logic alone,” said Katie Hughes, Vice President of Loyalty Strategy, Synchrony. “But consumers are not always motivated only by logical factors like price, value and selection. There are emotional factors, too, and our study revealed their impact on sales and loyalty.”
Forty-three percent of those surveyed identified trust as the primary driver of brand loyalty. For this survey, “trust” was defined as a consistent experience, honesty, transparency and reliability.
For retailers, the consumers’ focus on trust raises important questions. Can your customers trust your brand to be consistently excellent? Can you be counted on to stand behind your product or service? Will you do the right thing as a corporate citizen? Are you trustworthy in your business practices?
If you can answer “yes” to those questions and demonstrate them with your actions, then you begin to earn consumer trust and the loyalty that often goes with it. Failure to fulfill those ideals will diminish the trust factor and reduce customer loyalty.
Trust is not quickly earned, but it can be lost with a single bad experience or attitude. If your sales experience is inconsistent or customers get a hint of dishonesty, any trust you have built can evaporate almost instantly. Creating trust with consumers requires a commitment to values that begins at the top of your organization and extends to every employee.
Beyond trust, the next most important factors in customer loyalty are simplicity and convenience. Simplicity and convenience are defined as “a seamless shopping experience,” a simple and intuitive layout of the physical store and website, and “frictionless” checkout and product delivery. Convenient financing programs would be part of a frictionless purchasing process.
“The results of our survey reveal that consumers may be driven by either right-brain or left-brain thinking,” stated Hughes. “The left lobe of our brain tends to focus on analytical and methodical thinking; the practical issues like
For left-brain consumers, price, value and selection are huge motivating factors. Right-brain shoppers want to be loyal to a brand if the loyalty is deserved and demonstrated by action over time. So, can both approaches to loyalty be satisfied?
“Absolutely,” said Hughes. “There are many examples of retailers or service providers who offer great value and convenience but also win trust by developing a strong, consistent brand image with their integrity, social involvement and personal service. These are the businesses that win over the long term because they have loyal customers.”
How important is trust in the consumer’s mind? The survey indicated that 50 percent of shoppers would change stores if they lost trust in the brand.
Other loyalty drivers included shared values (7%), recognition/belonging/enjoyment (tied at 6 percent each), inspiration/excitement (tied at 5%) and prestige (3%).
About Synchrony
The Latest

Reena Ahluwalia’s painting of the rare red diamond is the first contemporary painting to join the National Gem Collection.

The price of gold has risen, affecting the number of pieces designers make, the materials they use, and how they position themselves.

With the trade and customer trust in mind, GIA® developed NextGem™ – on-demand training designed specifically for retail.

Peter Smith gives tips on leading meetings, developing marketing, and making trade show appointments in the age of short attention spans.


The 11-piece “Medallions” capsule collection features five motifs: a crying eye, a heart on fire, a spiral, a flower, and a swallow.

The partners have announced the second cycle of the program, which has expanded to include a $25,000 student scholarship.

Gain access to the most exclusive and coveted antique pieces from trusted dealers during Las Vegas Jewelry Week.

The owners of Staats Jewelers are heading into retirement.

Jeffrey Gennette, who retired in 2024 after 41 years with Macy’s, is the newest member of the jewelry retailer’s board of directors.

May babies are lucky to have emeralds, a gemstone admired for centuries, as their birthstone, writes Amanda Gizzi.

The new module allows retailers to plan, promote, and measure the success of events from a single dashboard.

NDC said in an open letter that Pandora’s statements about the carbon footprint of lab grown versus natural diamonds are inaccurate.

The diamantaire and industry leader succeeds Feriel Zerouki and said he will focus on being a “champion” for natural diamonds.

She wore our Piece of the Week, Glenn Spiro’s “Old Moghul Golconda” earrings, featuring fancy brown-yellow diamonds totaling 51.90 carats.

Two pieces were named “Best in Show,” one from the retail category and one from the supplier category.

The jewelry retailer noted resilience among its higher-end customers while demand softened for its lower-priced offerings.

Led by the 6.59-carat sapphire, the sale garnered $9.7 million, a record total for a Heritage jewelry auction.

In his new role, sales specialist Billy Welshoff will focus on the eastern United States.

José Gaztelu has been promoted to the role, which has been vacant since last year.

It has also opened the application period for the Seymour & Evelyn Holtzman Bench Scholarship through June 30.

The owner of the Ekati mine, which opened in 1998, has filed for insolvency protection amid the significant decline in diamond prices.

The company announced the change alongside its Q1 results, which showed that the jewelry brand’s year is off to a shaky start.

The retailer will cut 16 percent of its corporate workforce as part of its plan to exit bankruptcy.

Of the many examples used in the filming of “Le Mans,” this one is believed to have spent the most time on Steve McQueen’s wrist.

Megan Piccione dressed Lauren Wasser in layers of diamond jewelry, making her stand out in a crowd that included celebrities like Beyoncé.

Following decades of association leadership, the “semi-retired” colored gemstone expert is turning his focus to gemstone education.























