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What's New?
Sourcing diamond and jewelry..
On the economic downturn, what's important is for you to source your supply from different vendors. Since you have to provide better prices to your customers in the recession times, you also have to be able to make sure you are getting a good price from your vendors.
If you want to find out you are getting a good value on a diamond, jewelry or color stones, use GemFind.net. It's the best source to see what's available in the market and expand your search. To search on line, please visit: http://www.gemfind.net
To join, call 800-373-4373 and mention this article and get 30% off your first year subscription.
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New York State Rejects Luxury Tax
Jewelers Circular Keystone, 4/6/2009
 The New York legislature officially passed the State's FY 2009-2010 budget - without imposing a 5 percent luxury tax on jewelry and watches over $20,000. A move applauded by Jewelers of America.
"Because changes to the budget can occur until the last minute, we wanted to wait until the vote had taken place - and that the luxury tax was not included - before claiming victory," Matthew A. Runci, JA president and chief executive officer, said in a statement Monday.
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Look around, jewelers: The sky isn't falling
By Jan Brassem National Jeweler April 06,2009
 After hearing the depressing economic news coming out of Washington, reading the "downer" articles in jewelry trade journals and even listening to my kid's grade school gym teacher gripe about financial issues, I cautiously stuck my head out the door recently to see if the sky was, indeed, falling. >>>
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JA fights Obama's proposed LIFO repeal
National Jeweler April 02.2009
 New York--Jewelers of America (JA) has begun an aggressive campaign to oppose a repeal of the last-in, first-out (LIFO) inventory accounting method that President Barack Obama has proposed in his fiscal year 2010 budget. According to JA, jewelry businesses that use the LIFO inventory accounting method are able to record the sale of their most expensive inventory first, thereby decreasing profits and reducing taxes.>>>
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Bridal proves a recession-proof category
By Michelle Graff National Jeweler April 03, 2009  Mining giant De Beers popularized the diamond as the stone of choice for engagement rings with its famous "A diamond is forever" tagline and the suggestion that "two months' salary" is the appropriate spend on an engagement ring.
Consumers still choose to say "I do" with diamonds, even in the midst of a stark recession. >>>
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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 Jim Kilcoyne at Ext. 4957and tell them you are calling about GemFind's $100 Meet or Beat Guarantee and ask for.
* Offer is subject to change at any time.
For more info, please click here
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Mighty Michelle Meets the Queen
By Daniel Kehrer JEWELRY.COM April 02,2009
 London is falling in love with our First Lady, even if she breaks the rules. Her history-making meeting with The Queen yesterday was a shocker - resulting in what will forever be known as 'the hug heard 'round the world'. Anglophiles and palace watchers are buzzing with the news that Queen Elizabeth broke with royal protocol by touching Mrs. O during their official visit. And even more shocking? Obama returned the gesture!
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Retail Pricing Strategies
By Shari Waters, About.com
There are many outside influences that affect profitability and a retailer's bottom line. Setting the right price is a crucial step toward achieving that profit. Retailers are in business to make a profit, but figuring out what and how to price products may not come easily.
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The Cult of JAR
JEWELRY.COM March 30.2009
 Nothing generates buzz in jewelry circles more than the opportunity to own a piece of true artistic genius - JAR jewels. What is JAR, you ask? JAR is actually a reclusive, publicity-shy jewelry designer, who turns out a very limited supply of brilliantly crafted baubles for those rich or worthy enough to own them. >>>
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Tax Freedom Day Comes Early this Year
By Robert Longley About.com April 02.2009
 Tax Freedom Day
(c), that magical day of the year when a majority of Americans have earned enough money to pay their federal, local and state taxes, will come on April 13 this year, or 8 days earlier than in 2008 and two weeks earlier than in 2007, according to the nonpartisan, nonprofit Tax Foundation. >>>
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Wish Upon a (Customer) Wish List
Jewelers of America Aperil 03,2009
 One of the best tools a jeweler has in their arsenal is a customer Wish List. It not only enables targeted marketing, but couples it with customer buy-in, a huge advantage in the sales process. In "Customer 'Wish Lists' Prove Versatile Tools," Joseph Dobrian of National Jeweler explores the ways that jewelers use lists to drive business. Dobrian's ideas on how to gather and use wish lists:>>>
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Guide to Easy Sales-Boosting Techniques
By Carol Smalley BUSINESS.COM
 The phones aren't ringing. Your Web site receives just a handful of daily hits. Your sales numbers are in a slump. Employee morale (including your own) is in a downward spiral. Stop pouting and do something about it. It doesn't take a miracle to turn around your sales figures, just a little creative thinking. To boost your numbers, you need to: >>>
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Avoid "Bad" Jewelry Language
Jewelers of America April 01,2009
 Words have meaning. Choosing the wrong word in the midst of a sales presentation can not only cost a sale, but could turn a customer off from your store for good. Jewelers of America's resident education and management expert David Peters offers his take on some key words and phrases to avoid: >>>
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