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GF Weekly Newsletter
An article in a recent issue of Harvard Business Review was titled "Change or die." If that doesn't get your attention, here's another title from a well-known economic journal: "Change or die ... slowly." No matter which headline got your attention first, the message is clear for the retail jewelry executive: Change management has become as important as product designing, diamond sourcing or store planning. What each of those headlines seems to imply is that we venerate leaders who make successful changes and scorn those who cling to their safer pasts.
With the aim of providing a more convenient venue for buyers and sellers from South America and the rest of the world, the Panama Diamond Exchange officially opened its doors on October 24. The importance that the government attaches to the project was seen in the attendance of several of the country's cabinet ministers and deputy ministers and other high-ranking officials.
"We have taken a decision to postpone the conference, despite the positive response to conference attendance," said Freddy J. Hanard, the AWDC CEO. "The conference has traditionally served as a roadmap for the world diamond community, and as such has come to be regarded as a must-attend event on the industry calendar. With the turmoil now taking place in the financial markets, we felt that it is essential that we allow the dust to settle first. We therefore thought it prudent to postpone the conference"
Last week, Expert Business Source Blogger Shanu Singh Guiliani made a terrific point in her blog post entitled "Business Thank You Cards Increase Customer Loyalty." Her post was a terrific reminder in this tough economy that sometimes the small, sincere human touch can make all the difference.
NEW YORK, LONDON - Gold ended higher Friday, snapping a three-day losing streak that took it below $700 (U.S.) an ounce as safe-haven buying emerged on fears that global stock markets were heading into a free fall.Gold initially tumbled to a 13-month low as investors dumped precious metals along with stocks and commodities across the board as panicked investors rushed to raise cash in one of the worst financial crises in history.
The job of the modern Web site is more important and more difficult than ever, especially when it comes to a multichannel sales strategy. Visitors arrive at your Web site through a variety of online channels: pay-per-click (PPC) and organic search, e-mail offers and print ads. Once there, they need to fulfill the objective of acting upon a promotion, or buying a specific product.
Hopefully, you market your business year-round and your holiday preparations are well underway. However, if you haven't yet begun, get started now! One great way to remind consumers what a great gift jewelry can be is to show your best costumers that you're thinking about them and wishing them the best this season.
Sotheby's Important Watches sale in New York City Oct. 17 took in more than $4.1 million, the auction house said.
New York-High-net-worth consumers like shopping online because of the convenience and wealth of information available, a recent survey shows.The survey, called "A Look into the Internet's Impact on the Shopping Behavior of the Ultra-Affluent" and conducted in June by Unity Marketing, polled 1,000 wealthy consumers ages 24-64.Those included in the survey make more than $250,000 a year per couple (or $175,000 per person), or have a net worth of $1 million or greater.
In my experience, the "Men are from Mars, Women are from Venus" theory, first espoused in the eponymous 1992 book by John Gray, extends beyond the differences between the sexes in terms of relationships, communication and emotions.
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GemFind: Diamond Search, Web Development, JewelCloud , ring builder, stud builder, pendant builder 2008-10-28
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Tags: 2008, October, Uncategorized
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