CrimeDec 04, 2025
Man Arrested After Allegedly Swallowing Fabergé Egg PendantThe man was charged with theft, accused of ingesting the necklace while in a jewelry store in Auckland, New Zealand.
IndependentsAug 23, 2016
Marketing Minute: To Build Your Brand, Forget ‘Branding’
In Jim Ackerman’s opinion, jewelers should worry less about their image and more about direct response marketing.
Jim Ackerman is a retail jewelry marketing expert who has spoken to jewelry retailers at JA New York, JCK, The Smart Jewelry Show and others. He can be reached at 800-584-7585, ext. 3 or by email at mail@ascendmarketing.com.
“Branding” is the big buzzword in marketing today.
“You’ve got to build your brand.”
The term “brand” has become a substitute for company, business, service and just about any other way to describe a business function. The vast majority of people who use the term don’t have a clue what they’re talking about. They wouldn’t know what a real “brand” is if it hit them over the head.
Go ahead. Next time some hotshot millennial guru starts flinging the word around, ask him to define it. The answer is not likely to be gratifying but is likely to have little or no connection to success in business.
To build your brand, start by understanding this: No matter what you look like, your corporate culture, the “feel” of doing business with you, the awareness you have in the marketplace or how you may or may not be identified by your prospects and clients, the only real measure of a brand is … having boatloads and boatloads of happy, consistently buying and referring customers.
Anything and everything else is just window dressing.
So, what’s the best way to “build your brand?” Don’t. Instead, concentrate on selling more stuff to more people more often. And for the typical independent retail jeweler, that means focusing on direct response marketing instead of “image” marketing.
What is direct response marketing? It’s any marketing effort that is designed to get the prospective customer to take at least the next step in the buying process.
That doesn’t necessarily mean an immediate purchase, but it should at least be to surrender contact information so further marketing can take place.
If, for example, you offer a free report on the perils of buying gems online you are making a direct response offer, even though it’s not for the prospect to buy a specific item right away.
If you send them to your regular website to get the report, odds are they’ll struggle to find the report and downloads will be minimized. Or if the report simply resides on your website and you offer it for free--meaning you don’t even ask them to surrender their contact info to get it --your direct response has been wasted.
Better to send them to a “landing page” where they find out a little more about the report and are invited to download it. To accomplish that, they must give you contact information.
Once you have that, you can proactively
market to them, cultivate the relationship and eventually get the business, far less expensively than trying to do nothing but sell them up front.
And of course, all of these steps are testable and trackable, so you can “genetically engineer” your marketing for ever-increasing success.
Consider this: You run a bunch of radio ads that cost you $1,000.
Ten new prospects respond by supplying contact information. Each new prospect cost you $100 at retail to secure the information. However, to convert them to a new client, you can direct mail monthly for 60 to 100 months before you actually get that first sale and still break even, compared to the original cost of generating the lead. Email and telemarketing can be even less costly.
I confess this takes some getting used to, if you’re used to throwing marketing stuff at the wall and hoping something sticks. Of course, that’s why you’re frustrated with marketing and see it as an expense instead of an investment with a predictable payback.
If you’d like to say goodbye to the throw-it-out-and-hope approach to advertising and begin getting dramatic increases in response and conversions that will truly build your brand, shift to the direct response model.
Jim Ackerman has spoken to jewelry retailers at JA New York, JCK, The Smart Jewelry Show and others. He has teamed with Shane Decker for the Ultimate Jewelry Sales & Marketing Boot Camp to be held this September. National Jeweler readers can get more information about the event and download a free report here.
And of course, all of these steps are testable and trackable, so you can “genetically engineer” your marketing for ever-increasing success.
Consider this: You run a bunch of radio ads that cost you $1,000.
Ten new prospects respond by supplying contact information. Each new prospect cost you $100 at retail to secure the information. However, to convert them to a new client, you can direct mail monthly for 60 to 100 months before you actually get that first sale and still break even, compared to the original cost of generating the lead. Email and telemarketing can be even less costly.
I confess this takes some getting used to, if you’re used to throwing marketing stuff at the wall and hoping something sticks. Of course, that’s why you’re frustrated with marketing and see it as an expense instead of an investment with a predictable payback.
If you’d like to say goodbye to the throw-it-out-and-hope approach to advertising and begin getting dramatic increases in response and conversions that will truly build your brand, shift to the direct response model.
Jim Ackerman has spoken to jewelry retailers at JA New York, JCK, The Smart Jewelry Show and others. He has teamed with Shane Decker for the Ultimate Jewelry Sales & Marketing Boot Camp to be held this September. National Jeweler readers can get more information about the event and download a free report here.
More on Independents
The Latest
Supplier BulletinDec 04, 2025
Introducing Shop Natural Day: A New Movement Celebrating Natural DiamondsSponsored by De Beers Group
WatchesDec 04, 2025
Casio Shrinks its G-Shock WatchThe classic 5600 series G-Shock has been scaled down to about a tenth of its size, becoming a fully functioning watch ring.
Brought to you by
Impacting Tomorrow TodayHow Jewelers of America’s 20 Under 40 are leading to ensure a brighter future for the jewelry industry.
Events & AwardsDec 04, 2025
AGA Announces 2026 Tucson Speaker LineupThe association’s annual conference and gala will take place Feb. 4, 2026, during the Tucson gem shows.
Weekly QuizNov 20, 2025
This Week’s QuizTest your jewelry news knowledge by answering these questions.
Events & AwardsDec 04, 2025
CBG Announces Speaker Lineup for 2026 Miami Event The January show will include a workshop for jewelry retailers on implementing AI to strengthen their businesses.
TrendsDec 03, 2025
Miley Cyrus Debuts Edgy Engagement RingFellow musician Maxx Morando proposed to the star with a chunky, cushion-cut diamond ring designed by Jacquie Aiche.
Brought to you by
Roseco Releases New Full-Line CatalogRoseco’s 704-page catalog showcases new lab-grown diamonds, findings, tools & more—available in print or interactive digital editions.
MajorsDec 03, 2025
Costco Joins Growing Wave of Retailers Suing for Tariff Refunds The retailer, which sells billions in fine jewelry and watches, is suing the Trump administration and U.S. Customs and Border Patrol.
SurveysDec 03, 2025
A Record 202.9M Shoppers Turned Out Thanksgiving WeekendBlack Friday is still the most popular shopping day over the five-day holiday weekend, as per the National Retail Federation’s survey.
AuctionsDec 03, 2025
Fabergé’s 'The Winter Egg' Achieves Record $30MThe historic egg, crafted for Russia's ruling family prior to the revolution, was the star of Christie’s recent auction of works by Fabergé.
FinancialsDec 02, 2025
Signet Jewelers’ Q3 Sales Up Amid Continued Focus on Lower Price PointsThe retailer offered more fashion jewelry priced under $1,000, including lab-grown diamond and men’s jewelry.
CollectionsDec 02, 2025
Briony Raymond Introduces First FragranceThe eau de parfum is held in a fluted glass bottle that mirrors the decor of the brand’s atelier, and its cap is a nod to its “Sloan” ring.
SourcingDec 02, 2025
Petra Diamonds Elevates Interim CEOs to Permanent StatusVivek Gadodia and Juan Kemp, who’ve been serving as interim co-CEOs since February, will continue to lead the diamond mining company.
MajorsDec 02, 2025
Lee Krombholz Takes Over as Chair of MJSA Education FoundationIn addition, a slate of new officers and trustees were appointed to the board.
SourcingDec 02, 2025
Brendan Laurs Honored With 2025 Bonanno AwardLaurs is the editor-in-chief of Gem-A’s The Journal of Gemmology and an expert on the formation of colored gemstone deposits.
CrimeDec 01, 2025
Fourth Man Charged in Louvre Jewelry HeistThe man, who has a criminal history, is suspected of being the fourth member of the four-man crew that carried out the heist.
AuctionsDec 01, 2025
Christie’s Presents ‘Splendor & Style’ CollectionThe single-owner collection includes one of the largest offerings of Verdura jewels ever to appear at auction, said Christie’s.
IndependentsDec 01, 2025
Lustig Jewelers’ New Owner Is a Fellow Chicago JewelerMichael Helfer has taken the reins, bringing together two historic Chicago jewelry names.
MajorsDec 01, 2025
PGI Debuts Platinum-Filled Holiday Gift GuideThe guide features all-new platinum designs for the holiday season by brands like Harwell Godfrey, Ritani, and Suna.
FinancialsNov 26, 2025
Movado CEO Talks Tariffs, Growing Interest in Accessible Luxury WatchesDuring its Q3 call, CEO Efraim Grinberg discussed the deal to lower tariffs on Swiss-made watches, watch market trends, and more.
TrendsNov 26, 2025
Piece of the Week: Rosior’s Pumpkin RingRosior’s high jewelry cocktail ring with orange sapphires and green diamonds is the perfect Thanksgiving accessory.
IndependentsNov 26, 2025
Greenwich St. Jewelers Launches Colorful Holiday CampaignThe “Embrace Your True Colors” campaign features jewels with a vibrant color palette and poetry by Grammy-nominated artist Aja Monet.
MajorsNov 26, 2025
Serafino Consoli Names New VP of Sales, Brand Development for the AmericasLuxury veteran Alejandro Cuellar has stepped into the role at the Italian fine jewelry brand.
Events & AwardsNov 26, 2025
Grandview Klein Presents 4 Scholarships in NamibiaThe company gave awards to four students at the Namibia University of Science & Technology, including one who is a Grandview Klein employee.
IndependentsNov 25, 2025
Pearl Stringer Margaret Hoisik DiesShe is remembered as an artist who loved her craft and was devoted to her faith, her friends, and her family.
SourcingNov 25, 2025
Finestar Opens Diamond Manufacturing Facility in JohannesburgIt joins the company’s other manufacturing facilities globally, including in India, Botswana, and Namibia.
