This is the way I feel about it. I'm a jeweler. People bring me
their jewelry to repair. They don't know as much about jewelry as I
do. I either can fix it or I can't.
This is how I feel about it too. And its paid off quite well for
about 30 yrs now. I stay busier than I even want to be, day after
day, for as long as I can remember, I have not even advertised for
around 15 yrs. I have found that the last person out the door is my
next advertisment, and I better have made a good impression, by being
professional, knowledgable, accurate, and polite. Battering their
‘jewelry purchase decision’ doesn’t accomplish anything but take the
situation to a negative place thats hard to sell anyone anything.
With today’s material prices, and marketplace in general, I think we
will only see more and more of this grade of goods coming over our
benches as time passes. We might as well get used to it. A little
guy simply can’t beat Wally World,and fellow associates, in a free
marketplace. But you sure can position yourself to reap
more-than-ample benefits from the big-guy dominance.
I have customers that will come in with their son’s broken $99 rope
chain, that Mom and Dad bought him for Christmas at Walmart, but
while they are here, will strike a deal with me for a multi thousand
$ custom piece for their spouse, or themselves. Cheaper stuff as
gifts to kids, friends, relatives, etc… but the sky is the limit
when its for their wife or hubby. They take these things back to the
place of purchase to hear ’ we can’t repair this’, and if they hear
the same, or worse, from us, what seperates us from the no-skill big
box places. Plus, the big-box stores send dozens of people to me
weekly, with the things that they haven’t the slightest ability to
handle, and if I start slamming their products, that very steady
flow of ‘free’ customers will soon dry up. Why would I want to pay
for advertising, when I can get my competitors to send me 20-50
perfectly good, ready to spend, new customers every week. These
people have agreed to spend $ before they even walk in my store. Its
like shooting fish in a barrel.
Besides, if you have the bench skills to handle it properly, and
profitably, why not? I have a $ rate per hour that I must make as a
minimum, and I don’t care if its a bubblegum machine ring with a
sentimental story attached, or a $10,000 piece, if I can make my rate
per hour, or more, and have a clear understanding of if, or any
warranty, in writing. Often times, this cheaply made piece is a
‘test’ piece that they bring in as a new customer, only to bring
better grade pieces later, once they have experienced dealing with
you on a less important item. I have a lady right now, that initially
brought in a lightweight ring purchased on tv. Then after pickup, she
brought in literally bags full of better pieces, she told me that the
first ring sizing made her decision for her because there was
absolutely no telltale sign of the ring being sized. Now I am
writing an insurance appraisel for over 300 medium to better pieces
as well as creating 3 mounting jobs for her. I sure am glad that I
didnt tell her that first ring was too cheap to size.
I have even laughingly told people that I guarantee a particular
piece to break if its worn, to emphasize how fragile it actually is.
But they still insist on making the repair, because Aunt Gertrude,
that raised them, gave it to them when they graduated high school 30
years ago. It was made cheap, and sold cheap, but has always been
worth at least a couple zillion hugs and kisses to them, because
‘cheap’ was even more than Aunt Gertrude could afford. Its been broke
for 29 yrs now, and everywhere they have taken it said ‘no way’, and
now, its your turn! Now is your chance to win them, maybe forever, or
just become ‘next’.
Ed in Kokomo