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What's new
If you are looking for an e-commerce solution for YOUR STORE, GemFind.com offers an easy, affordable and secure way to take part in the rapidly evolving world of online sales and marketing. Take the opportunity to call us today at 800-373-4373 or go online to www.seeitfirst.info for an instant introduction. Exclusive online territories are available on a first-come, first-served basis, so why wait any longer? Take control of your future and take action now!.
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Bill Roberts, IJO founder, 83
Jewelers Circular Keystone, 8/18/2008
 William F. Roberts, Jr., the founder of the Independent Jewelers Organization, the world's largest jewelers' buying group, died Aug. 8 while vacationing in Highlands Falls, NC. He was 83. The Independent Jewelers Organization, located in Norwalk, Conn., praised its founder, in statement, saying, "For decades the recipient of extraordinary respect, Bill will be missed by many friends and former colleagues, but his legacy will continue with the on-going perpetuation of his business philosophy to IJO members."
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Gold Demand Remains Robust Says World Gold Council
By Rachel Lieberman, Israel Diamond Industry Portal 08/18/2008
 The World Gold Council's office in Dubai announced that gold sales in the UAE increased by 20% from Dhs3 billion during last year's second quarter to Dhs3.6 billion this year. In Egypt, gold sales soared by 48% during this period.
High gold prices continued to slow demand in terms of tonnage during the second quarter, particularly for gold jewelry. Egypt was the exception, where gold demand rose by 10% in this year's second quarter. >>>
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...Is Launched
The network that lets consumer search for diamonds online and then see it in person at a Local Jewelry Store
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Join GemFind today before your competitor does
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Know - How
Use Incentives to Capture Customers
Jewelers of America
8/13/2008
Consumers are thinking just a little bit harder these days before they purchase, especially when it comes to luxury items that aren't essential (versus gas or groceries). A little nudge in the form of an incentive can make the differe
nce between the consumer who's "just looking" and the one you ring up at the register. In a recent presentation at the JA New York Show, Rafael Mael, marketing strategist for Brand Launcher, described how jewelers can use "irresistible bait" as part of an overall marketing plan. When implemented with style, incentives attract new customers, motivate them to buy, keep them coming back, and encourage them to refer their friends and families. >>>
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Discover the Different Careers in Jewelry
SOURCE: Gemological Institute of America
August 14, 2008
Jewelry Career Fair is a comprehensive event that allows attendees a chance to get one-on-one career coaching from already established industry professionals, attend professional development seminars, and network with the key executives and entrepreneurs who have shaped the industry. >>> |
Rare Gems Are Specialty for Jeweler Inducted Into Hall of Fame
Market Watch August 14, 2008  PHOENIX, Aug 14, 2008 /PRNewswire via COMTEX/ -- PHOTOS AVAILABLE -- International jeweler Alfredo J. Molina, CEO of Molina Fine Jewelers in Phoenix and Black, Starr & Frost in Costa Mesa, Calif., was recently inducted into the 20th annual National Jeweler Retailer Hall of Fame, an honor for jewelers who have made significant contributions in jewelry retailing. Mr. Molina is the winner in the single-store independent category. A panel of jewelry-retailing peers selected each inductee Hall of Fame winner, and National Jeweler profiled each in a special supplement to the magazine this month. >>>
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IDEX Online Research: Consumer Expenditures -Homeowners More Likely to Buy Jewelry
By Ken Gassman August 14
,2008
A home-owning consumer is likely to spend roughly 50 percent more on jewelry as a consumer who is renting. That's a significant difference, and one that jewelers should use as an opportunity. When sales associates are making "small talk" with a potential customer, they might ask where the customer lives. Most towns and cities have clearly delineated areas where renters and homeowners are likely to live. Further, when filling out the credit application, the sales associate should perk up at the magic word "homeowner." That means this customer probably has significant credit potential and should be up-sold. >>>
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In Internet era, jewelry staffers blog all about it By Michelle Graff 12 Aug 2008
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GemFind is now partnering with First National Merchant Solutions to provide an ideal merchant processing program designed to save you money.
If we can't save you money, we'll pay you $100.
Call (ph.) 800-516-6242 and tell them you are calling about
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Jim Kilcoyne at Ext. 4957.
* Offer is subject to change at any time.
For more info, please click here
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Target "Heavy Owners"
Jewelers of America August 13, 2008
According to the Diamond Promotion Service, heavy owners of jewelry (those who already have eight or more pieces of jewelry including diamonds) are key to market success. These consumers increased their jewelry spending 12% last year and 19% during the last recession. Despite the current economy, more than half of these shoppers say they plan to purchase jewelry in the next two years, that they're interested in all piece types including upgrades and own multiples of all piece types. >>>
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Time to Rush Back to Gold?
By
Tom Brennan August 13, 2008
 Now is the time to get back into gold equities, Agnico-Eagle Mines CEO Sean Boyd told Cramer Tuesday.Gold's decline to $819 and change from a high of $980 is no different from the pullback that bullion saw back in May 2006, Boyd said. At that point, gold was at $725, a 26-year high at the time, and it declined 20% twice over the span of three or four months. Now we're seeing another decline near that level, and it's happening right before gold's traditional strong season of September and October. >>>
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Venus Jewel adds new diamond-clarity grade
National Jeweler August 18, 2008
Mumbai, India-Diamond Trading Co. sightholder Venus Jewel has added another clarity grade to its in-depth system of diamond grading.VS2- denotes a stone that is in between VS2 and SI1+ in the Venus Grading System. A diamond with this clarity grade is considered to have clarity that is slightly lower than VS2.With this addition, Mumbai-based Venus Jewel now has a total of 32 clarity grades in its diamond-grading system.Venus Jewel partner Rajesh R. Shah said the price difference between a VS2 and a SI1+ clarity diamond are so vast-between 8 percent and 15 percent-that consumers could not buy these stones with confidence. >>>
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SA gem dealer's plans raise eyebrows
By Marc Hasenfuss August 18, 2008 The group's Business Plan to potential investors values the company at over R600m despite the fact that no audited financial statements are presented to support such an astounding claim. At this point Mayfair does not seem to own any actual mining concessions - although the Business Plan does conveniently list a handful of areas the company would target if it had access to the necessary capital. >>>
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GF Weekly Newsletter
New York-With so many companies cutting jobs or declaring bankruptcy, today's bleak economy mimics that of recessions past, but with one major difference: the Internet. Today, disgruntled employees with grievances to air, founded or not, can post them online for the world to see. And the jewelry industry has not been spared.
