I'm a little concerned for those who say things are slow. So
perhapsit might be good for those who are busy to reflect a little
and tellus to what they attribute their busy-ness."
I have got to agree, sales are sooooo slow lately, it’s the custom
work and the repairs that are paying the bills…sure hope Xmas
heats up soon!!! I actually moved my apartment a couple of months
ago to within a couple hundred feet of the store, and am working 14
to 17 hours a day just to stay afloat!!! As the only store offering
repairs and custom work on-site in a small town, we are staying busy
all day every day, and I give 100% kudos to Mr. Geller for his blue
book (which we follow as faithfully as possible)… repairs ARE trust
based, and if the customer doesn’t wanna pay your prices, let 'em
walk!!! They’ll be back!!
Repairs by themselves have truly slowed also in the last few months
(as the dollar falls I think), but we took up the slack by
partnering with a local businessperson and licensing charms /
pendants / cufflink / keychains for a coup le of universities’ alumni
associations. I have a meeting with a local sorority next week to
see about creation of jewelry for them!! My advice is to seek out
these potential markets, especially if you have the facilities for
production/custom work. True, I had to kick in a few thousand $$ for
the initial investment in some production finishers, and the time
spent working out the details was/is enormous, but I think the return
(and the potential for a great spread of word of mouth) will be
(I might add here…talk to the people at Stuller, their tech
support has greatly helped me keep this place going, and getting the
right tools and supplies!!) (I’m NOT a Stuller employee, lol, just
someone who greatly appreciates the help they have given and hopes
struggling others benefit also).
In summary, yes, sales suck lately, but you can take up the slack if
you search out new markets! Especially the local ones, who just LOVE
the idea of jewelry being make locally, even if you mass produce a
few hundred pieces, they aren’t gonna love a catalogue piece nearly
as much. Who knows, those pieces could be collector’s items someday?
Thanks for reading, and I appreciate all of you out there who take
the time to pass on your knowledge and experience!!!
Jewelry Design Studio Inc