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Thursday, January 30, 2020

How to Prepare Your Jewelry Store for Valentine's Day

Be ready to celebrate the season of romance with these tips.




A diamond ring resting on a pink and white dish.

Right after last month’s Christmas rush, retailers should ready themselves for another shopping season. As the holiday that celebrates love and romance, jewel retailers should especially be ready for their customers who will be buying gifts for their loved ones on Valentine’s Day. Beyond decorating your store with images of hearts or incorporating red into your earring display holders or jewelry showcase, you must know what to do to maximize the season’s earning potential.

Follow our tips below to have a stress-free and profitable month of hearts.



Stock up on your merchandise

People are ready to spend their hard-earned cash to give gifts to their partners so make sure you have enough products to sell to meet the demand. Whether you are a pop-up, an online seller, or a brick and mortar store, you need to be prepared so you may want to work on increasing production or sourcing from suppliers.



A guy kissing a girl's forehead.
Source

Come up with a holiday-themed promo

Buyers love getting a bargain and promos that add value to their purchases is a great way to increase sales. Adding in a romance aspect into your promos will make them more attractive to your target buyers.

You may, for example, partner with a restaurant, hotel or resort and offer an all-in couple’s package for every purchase at your store. You can also go for simpler treats, like giving away a jewelry display holder or earring display set to your customers.



Advertise early

You can start running ads online or in print as early as now. Dressing up your store for the holiday is a form of advertisement too so you better start decorating even if it’s still January.

You don’t have to go all out by decking your store all in red especially if it’s not your branding. A few tasteful pieces here and there will work if they’re well-thought-out. You can also showcase the color by showcasing red-colored gemstones like rubies.



Show your customers you care by giving top-notch service

Over the years, Valentine’s Day has evolved to become a holiday that celebrates love in all forms and all sizes. It is no longer just a holiday for romantic partners but it is likewise celebrated by families and friends. As a retailer, your relationship with customers is everything so treat it with respect. Always aim high and be ready to give great service not just on Valentine’s Day but every day.

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