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What's
new
For a limited time, GemFind.net, the premier online
marketing for the jewelry industry is offering FREE membership
to color stone dealers as well as Watch manufacturers/ Dealers to
upload unlimited merchandise to the network. If you are
interested in taking advantage of this Free offer, please email us
your contact info at info@GemFind.net and a
representative will contact you to get setup.
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Georgia jewelry stores close amid robberies
National
Jeweler Aug. 25, 2008
A series of smash-and-grab robberies in one
Atlanta-area mall has jewelry storeowners shuttering their doors,
an Atlanta TV news station reports.
According to a story posted on 11Alive.com, eight retail jewelers
at Northlake Mall in DeKalb County kept their doors locked on
Sunday, mostly to show solidarity with those that have been
recently targeted by thieves.
Some stores posted signs warning of lax security and the recent
spree of smash-and-grab robberies that have plagued jewelry stores
in this suburban mall. >>>
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Gold may fall below $700; players eye US GDP data
By Mandar Nimkar,
ECONOMICTIMES.COM
08/25/2008
Gold futures were down on Monday tracking the
overseas markets, where a strong dollar and weak crude oil made
investors pull out of precious metals. Gold fell to $821.05/823.05
an ounce from $827.00/828.60 late in New York on Friday, when it
slipped more than $5 an ounce.
Gold touched an all-time high of $1,023 an ounce in London on March
17, 2008, from where it began to ease. From $988 on July 15, it hit
a low of $788 on August 15. After recovering some ground last week
it again fell to $820 an ounce. >>>
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GemFind.com
...Is Launched
The network that lets consumer search for diamonds
online and then see it in person at a Local Jewelry Store
Join GemFind today before your competitor
does

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Know - How
Pieces of the Past: How do
you know what an antique is?
By
Dawn Waxon Aug 20, 2008
My career in the antiques industry has positioned me
as a go-to gal with many an ingenuous inquiry regarding family
heirlooms and hand-me-downs. General questions must be answered
carefully, particularly when the item(s) in question are not
present. The answers are rarely straightforward as these general
inquiries must be treated as quarks -- the hypothetical values
(intrinsic, sentimental, collectible) investigated. An
interrogation is necessary in addressing such questions. >>>
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Tips: How to Expand Your Product Line
By
SIMONA COVEL THE WALL STREET JOURNAL
Most small-business owners dream of going big-of
expanding a single product line into a full suite.
Indeed, a new product line can put a small company in front of a
fresh set of consumers and dramatically increase its reach. But
launching a new line is time consuming and expensive. And it could
cannibalize existing product sales.
Sasha Strauss, managing director at Innovation Protocol, a Los
Angeles-based brand consulting company, suggests steps a small
business should take to understand its market and prudently launch
a new product.Here are a few of his tips. >>>
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Amber light for gold, platinum
By Jean Temkin
August 25,
2008
PRICES are dictated by supply and demand. Until the
middle of last week, the value of platinum had dropped to a
10-month low and gold to a nine-month low. Then came a sudden
switch from supply to demand for precious metals. The initial
reason for the supply situation - rising metals sales - was a
falling oil price. As was the case since the beginning of the year
until two months ago, precious metals were used as hedges against
the oil price. Gold is also used as a hedge against a falling
dollar. >>>
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IDEX Online Research: Jewelry Demand in the U.S., It
Could Be Worse
By
Ken Gassman August
21, 2008
It's been a long six months for jewelers. After a disappointing
2007 holiday selling season, both Valentine's and Mother's Day
sales in the first half of 2008 were weak. It's no fun being a
jewelry merchant when the economy is weak. However, before we
whine and moan too much, it is helpful to see how our industry is
performing versus other key retail segments. To get right to
the punch line: the U.S. jewelry industry really isn't doing too
badly. >>>
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GemFind is now partnering
with First
National Merchant Solutions to provide an ideal
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If we can't save
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Call (ph.) 800-516-6242 and tell them you are
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Designer creates 'affordable luxury'
By
Harold Davis Special Correspondent
08/20/2008
Karen Lee of Greenwich never anticipated that making
her own jewelry would turn into a business, but it did. Frustrated
with the price of jewelry, she decided to design something on her
own. "What happened was I was flipping through a magazine, and
I saw a pair earrings that I liked. I wasn't going to spend an
exorbitant amount of money on them. I never intended to have a
business, but it just happened," said Lee, who started Jewelry
by Karen Lee in March of 2006. Lee did some research and consulted with
her father, a 50-year veteran of the diamond industry. After making
a few pieces for herself, people around town began taking notice of
the jewelry she was wearing. >>>
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GIA Career Search Engine Goes
Global
Press
Release August 18, 2008
The Gemological Institute of America (GIA) has
enhanced its Career Search Engine so it now includes international
career opportunities posted by companies from various countries.
This online service represents the largest free online employment
database in the jewelry industry. Currently, eight different
companies representing 13 countries are posting job opportunities
on the Career Search Engine, including Canada, Europe, India,
Italy, Taiwan, and Thailand. This online tool is accessible from
the GIA Web site and is designed to bring together employers and
professionally trained students and alumni. >>>
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Loose diamonds are a buyer's best find
By
Marc Hasenfuss August 18, 2008
Imagine you're sitting in an office in Israel and
you've just been handed a cardboard box with hundreds of loose
diamonds worth hundreds of thousands of dollars.No, this isn't a
movie starring George Clooney and Brad Pitt. It's real life,
featuring Poughkeepsie businessman David Hunt.
Hunt, 54, is a diamond buyer. He is the middleman for diamond
manufacturers from around the world and U.S. jewelry retail stores.
In other words, professionals such as Hunt pick out a selection of
loose diamonds that could end up in your engagement rings,
anniversary bands, earrings, men's watches and more. >>>
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Think like a Businessperson, not a Jeweler
JEWELERS OF
AMERICA
August 18, 2008
Do you think of yourself as a retailer who likes
jewelry or as a businessperson who sells jewelry? If you answered
the former, then you're in line with the 54.1% of Jewelers of
America members who identified themselves this way on the JA 2008
Cost of Doing Business Survey. Just 12% called themselves business
people. While the survey doesn't delve into how a retailer's
self-proclaimed identity relates to (or hinders) their success, Ken
Gassman of the Jewelry Industry Research Institute notes that too
many jewelers are in the jewelry business, but not in the business
of selling jewelry. In today's highly competitive environment, a
retailer has to operate their business on a professional level to
succeed. >>>
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10 Internet Marketing Tips for Retailers
By
Shari Waters, About.com
When you opened the brick and mortar retail shop,
chances are you planned for a grand opening or ribbon cutting.
Marketing and advertising to get the word out about your new
business was probably one of your top concerns. Internet marketing
is just as important for a retail store. Don't just sit there
watching cob webs gather on your website. Whether you sell products
online or have a one-page website, there are many ways to generate
more in-store traffic from your online presence. Increase exposure
online with these Internet marketing tips for your retail store. >>>
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