GemFind: Diamond Search, Web Development, JewelCloud , ring builder, stud builder, pendant builder 2008-08-26

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GEMFIND.NET        GF Weekly Newsletter

                                                                                                                  August 26, 2008

 

 

 

 

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What's new

For a limited time, GemFind.net, the premier online marketing for the jewelry industry is offering FREE membership to color stone dealers as well as Watch manufacturers/ Dealers to upload unlimited merchandise  to the network. If you are interested in taking advantage of this Free offer, please email us your contact info at info@GemFind.net and a representative will contact you to get  setup.

 

 

Georgia jewelry stores close amid robberies

National Jeweler         Aug. 25, 2008

 

A series of smash-and-grab robberies in one Atlanta-area mall has jewelry storeowners shuttering their doors, an Atlanta TV news station reports.
According to a story posted on 11Alive.com, eight retail jewelers at Northlake Mall in DeKalb County kept their doors locked on Sunday, mostly to show solidarity with those that have been recently targeted by thieves.
Some stores posted signs warning of lax security and the recent spree of smash-and-grab robberies that have plagued jewelry stores in this suburban mall.
>>>

 

Gold may fall below $700; players eye US GDP data

By Mandar Nimkar, ECONOMICTIMES.COM            08/25/2008

 

Gold futures were down on Monday tracking the overseas markets, where a strong dollar and weak crude oil made investors pull out of precious metals. Gold fell to $821.05/823.05 an ounce from $827.00/828.60 late in New York on Friday, when it slipped more than $5 an ounce.
Gold touched an all-time high of $1,023 an ounce in London on March 17, 2008, from where it began to ease. From $988 on July 15, it hit a low of $788 on August 15. After recovering some ground last week
it again fell to $820 an ounce.
>>>

 

   GemFind.com

 

          ...Is Launched

The network that lets consumer search for diamonds online and then see it in person at a Local Jewelry Store

 

Join GemFind today before your competitor does

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Know - How
Pieces of the Past: How do you know what an antique is?

By Dawn Waxon     Aug 20, 2008


My career in the antiques industry has positioned me as a go-to gal with many an ingenuous inquiry regarding family heirlooms and hand-me-downs. General questions must be answered carefully, particularly when the item(s) in question are not present. The answers are rarely straightforward as these general inquiries must be treated as quarks -- the hypothetical values (intrinsic, sentimental, collectible) investigated. An interrogation is necessary in addressing such questions. >>>

 

Tips: How to Expand Your Product Line 

By SIMONA COVEL    THE WALL STREET JOURNAL

Most small-business owners dream of going big-of expanding a single product line into a full suite.
Indeed, a new product line can put a small company in front of a fresh set of consumers and dramatically increase its reach. But launching a new line is time consuming and expensive. And it could cannibalize existing product sales.
Sasha Strauss, managing director at Innovation Protocol, a Los Angeles-based brand consulting company, suggests steps a small business should take to understand its market and prudently launch a new product.Here are a few of his tips.
>>>

 

Amber light for gold, platinum 
By Jean Temkin               August 25, 2008  

PRICES are dictated by supply and demand. Until the middle of last week, the value of platinum had dropped to a 10-month low and gold to a nine-month low. Then came a sudden switch from supply to demand for precious metals. The initial reason for the supply situation - rising metals sales - was a falling oil price. As was the case since the beginning of the year until two months ago, precious metals were used as hedges against the oil price. Gold is also used as a hedge against a falling dollar. >>>

 

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IDEX Online Research: Jewelry Demand in the U.S., It Could Be Worse 

By Ken Gassman               August 21, 2008  


It's been a long six months for jewelers. After a disappointing 2007 holiday selling season, both Valentine's and Mother's Day sales in the first half of 2008 were weak. It's no fun being a jewelry merchant when the economy is weak. However, before we whine and moan too much, it is helpful to see how our industry is performing versus other key retail segments. To get right to the punch line: the U.S. jewelry industry really isn't doing too badly. 
>>>

 

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.   >

100 bill

 

Call (ph.) 800-516-6242 and tell them you are calling about
GemFind's $100 Meet or Beat Guarantee and ask for
Jim Kilcoyne at Ext. 4957. 

  

* Offer is subject to change at any time.     

  For more info, please click here

 

 

Designer creates 'affordable luxury'

By Harold Davis Special Correspondent     08/20/2008

Karen Lee of Greenwich never anticipated that making her own jewelry would turn into a business, but it did. Frustrated with the price of jewelry, she decided to design something on her own. "What happened was I was flipping through a magazine, and I saw a pair earrings that I liked. I wasn't going to spend an exorbitant amount of money on them. I never intended to have a business, but it just happened," said Lee, who started Jewelry by Karen Lee in March of 2006. Lee did some research and consulted with her father, a 50-year veteran of the diamond industry. After making a few pieces for herself, people around town began taking notice of the jewelry she was wearing. >>>

 

GIA Career Search Engine Goes Global                     Press Release      August 18, 2008  

 

The Gemological Institute of America (GIA) has enhanced its Career Search Engine so it now includes international career opportunities posted by companies from various countries. This online service represents the largest free online employment database in the jewelry industry. Currently, eight different companies representing 13 countries are posting job opportunities on the Career Search Engine, including Canada, Europe, India, Italy, Taiwan, and Thailand. This online tool is accessible from the GIA Web site and is designed to bring together employers and professionally trained students and alumni. >>>

 

Loose diamonds are a buyer's best find 

By Marc Hasenfuss     August 18, 2008

Imagine you're sitting in an office in Israel and you've just been handed a cardboard box with hundreds of loose diamonds worth hundreds of thousands of dollars.No, this isn't a movie starring George Clooney and Brad Pitt. It's real life, featuring Poughkeepsie businessman David Hunt.
Hunt, 54, is a diamond buyer. He is the middleman for diamond manufacturers from around the world and U.S. jewelry retail stores.
In other words, professionals such as Hunt pick out a selection of loose diamonds that could end up in your engagement rings, anniversary bands, earrings, men's watches and more.
>>>

 

Think like a Businessperson, not a Jeweler
JEWELERS OF AMERICA               August 18, 2008

Do you think of yourself as a retailer who likes jewelry or as a businessperson who sells jewelry? If you answered the former, then you're in line with the 54.1% of Jewelers of America members who identified themselves this way on the JA 2008 Cost of Doing Business Survey. Just 12% called themselves business people. While the survey doesn't delve into how a retailer's self-proclaimed identity relates to (or hinders) their success, Ken Gassman of the Jewelry Industry Research Institute notes that too many jewelers are in the jewelry business, but not in the business of selling jewelry. In today's highly competitive environment, a retailer has to operate their business on a professional level to succeed. >>>

 

10 Internet Marketing Tips for Retailers

By Shari Waters,       About.com

 

When you opened the brick and mortar retail shop, chances are you planned for a grand opening or ribbon cutting. Marketing and advertising to get the word out about your new business was probably one of your top concerns. Internet marketing is just as important for a retail store. Don't just sit there watching cob webs gather on your website. Whether you sell products online or have a one-page website, there are many ways to generate more in-store traffic from your online presence. Increase exposure online with these Internet marketing tips for your retail store. >>>

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