GemFind: Diamond Search, Web Development, JewelCloud , ring builder, stud builder, pendant builder 2010-04-27

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                                     GF Weekly Newsletter

                                                                                                         April 27, 2010

In This Issue
Learn with America's Best Jewelers at Couture '10
U.S. High Court Will Decide Omega 'Gray Market' Case
Is your staff ready in the event of a robbery?...
Mother's Day Sales Expected to Reach $14.6 Billion
Guide to Improving Your Collections
Power Failure in Your Store
Faberge Embraces Big Diamond Jewelry Trend
CIBJO releases latest version of Pearl Book
Up Year in a Down Economy
9 Pricing Tips to Make Your Profits Pop
Sotheby's achieves near-record jewellery auction
Historic stones rule the day at Christie's


 

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What jewelers say about GemFind

mydiamond exp
"I would like to express my sincere appreciation to Gemfind for the fine job they did in developing my new website. I personally had very little knowledge in the computer industry, and with the help of Anthony Arechiga of Gemfind, I have a full running and successful website. Anthony was good enough, and patient enough, to help me through not just developmental problems but also guiding me through simple computer challenges. I would recommend Gemfind to anyone, at anytime for a solid, professional website development program."

 

-Mark VanBerschot,

President Of My Diamond Experience(MDE)
(630)355-8168


Learn with America's Best Jewelers at Couture '10 

National Jeweler                                                               April 26, 2010   

 

New York--Social networking and positioning for a recovery are just two of the topics that will be addressed at this year's America's Best Jewelers breakfast education series, which will be held as part of the Couture show in Las Vegas. Developed as part of National Jeweler's America's Best Jewelers (ABJ) benchmarking program and presented by Stuller, the peer-to-peer educational sessions are being conducted from June 3 to 6 in conjunction with the Couture 2010 jewelry show, which will take place June 3 to 7 at the Wynn in Las Vegas. >>>


               More Info, please click here:                   800-373-4373 


U.S. High Court Will Decide Omega 'Gray Market' Case
By william George Shuster                JCKOnline                                 April 22, 2010    
 

The U.S. Supreme Court has agreed to rule on one of watch retailing's most controversial issues: genuine brands bought overseas by retailers from unauthorized dealers and resold at lower prices in the United States, the so-called "gray" or "secondary" market.
The court on April 19 said it will hear the case of discount warehouse giant Costco vs. Swiss luxury sport watch Omega (owned by Swatch Group). >>>


Increase sales in 2010
Sell More Through Virtual Inventory
1. Manufacturers and Diamond Dealers upload their merchandise to GemFind.net
2. Retail Jewelers will select from the Manufacturer's or Diamond Dealer's inventory and markup the merchandise...
3. Retail Jewelers will link to GemFind's search engine and showcase their selected Virtual Inventory on their own websites...
4. Consumers visit websites and purchase the Retail Jeweler's Virtual Inventory.
Virtual Inventory gives:
1. Manufacturers and Diamond Dealers the opportunity to sell more to Retailers....
2. Retail Jewelers the ability to sell something they don't have in their stores...
3. Consumers the ability to view the merchandise at a local jeweler or to buy online...


Is your staff ready in the event of a robbery?     
By Suzanne DeVries                    National Jeweler                        April 22, 2010

 

Although most retail jewelers shudder at the thought of being the victim of a grab-and-run theft or a diamond switch, some studies point out that crime rates are likely to rise during a tough economy: In other words, the odds of your store being robbed could be up.After hearing the news about a local jewelry robbery a month or so ago, I started to wonder how many stores are equipped to handle such a situation.>>>


  For more information, Please click here                  800-373-4373  


Mother's Day Sales Expected to Reach $14.6 Billion Says NRF Survey

JCKOnline                                                               April 21,2010

 

Mother's Day is the second largest U.S. consumer spending holiday, according to a recent National Retail Federation survey. NRF's 2010 Mother's Day Consumer Intentions and Actions Survey, conducted by BIGresearch, found the average person will shell out $126.90 on Mother's Day gifts, compared to $123.89 last year. Total spending is expected to reach $14.6 billion. >>>                                                                         


Guide to Improving Your Collections
By Daniel Kehrer                     Business.com                                             
 

In today's troubled economy, late or unpaid invoices are a fact of life for any business that doesn't collect in full upfront. But there's much a business can do to head off trouble before it starts, or to speed up payments. The key is to create a clear collections process at your business. It starts by making smart credit-granting decisions in the first place. >>>


Power Failure in Your Store
By Shari Waters                                                   About.com Guide
 

We all hope we're never faced with having to operate a retail store without electricity but acts of nature, mechanical problems and other emergency situations could result in power failure at your store.So what do you do when the lights go out during store hours? Start by preparing a power loss procedure before it happens. >>>


Faberge Embraces Big Diamond Jewelry Trend 

By Roe Kalb                  The Israeli  Diamond Industry Blog           April 22, 2010   

 

Famed jewelry company Faberge announced it would soon debut a new collection of "conventional jewelry," following increased consumer demand. The House of Faberge, which was founded in 1842 in Imperial Russia and earned its fame for designing elaborate jewel-encrusted eggs for Russia's Tsars, is owned by Pallinghurs Resources, a subsidiary of the Dutch holding company APG. >>>


For more information, Please click here:      800-373-4373  


CIBJO releases latest version of Pearl Book
National Jeweler                                                     April 23, 2010        

                                                  

Milan, Italy--Jewelers and manufacturers that sell cultured pearls have a new set of guidelines in regards to nomenclature, grading standards and terminology thanks to the recent release of a new Pearl Book from CIBJO.Following the 2010 CIBJO Congress meeting held in February in Munich, Germany, CIBJO, the World Jewellery Confederation began releasing the latest, updated versions of its  Blue Books. >>>


Up Year in a Down Economy  

By Paul Holewa                           JCK Magazine                          April 20, 2010

                                                                                                                                       

Some jewelers are flourishing despite the economic downturn. We asked three to share the strategies that helped them beat the recession blues. Historically the economy in Hanover, N.H., home to Dartmouth College and some of the state's premier medical facilities, has enjoyed steady growth, without booms or busts. The local economy was fairly bulletproof, according to Stephen Doubleday, co-owner of Amidon Jewelers. >>>


9 Pricing Tips to Make Your Profits Pop

Business.com                                                        April 23, 2010     
                       

When small businesses struggle to grow - or even survive - the role of pricing is often misunderstood.  Many entrepreneurs assume that price increases put them at an automatic disadvantage. But that's not necessary so if you have a clear pricing blueprint for your business.Pricing consultant Rafi Mohammed, for example, argues that small, strategically targeted price increases can actually give a company a competitive edge. >>>


Sotheby's achieves near-record jewellery auction
professionaljeweller.com                                       April 22,2010                 
 
Sotheby's New York sales of Magnificent Jewels and Always in Style, a one-owner jewelry collection, exceeded pre-auction estimates to achieve a combined total of US$39.6 million (£25.7 million) on Wednesday. The sales had been expected to achieve a pre-sale high estimate of US$35.3 million (£22.9 million). >>> 


Historic stones rule the day at Christie's
National Jeweler                                                     April 23, 2010

 

New York--Two stones with colorful histories sold above their estimates Thursday at Christie's "Jewels: the New York Sale." According to a news release issued by the auction house, a private U.S. buyer paid $1.76 million for the 39.55-carat, I color Emperor Maximilian Diamond, which was estimated to fetch between $1 million and $1.5 million. >>>

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