The Pantone Universe is simply brilliant and inspiring. Check it out.
Useful links:
www.pantone.com
www.colorexpert.com
Thursday, May 20, 2010
How To Sell Colored Gemstones
Jim Fiebig's opinion piece in the National Jeweler about colored gemstones was interesting. There is always opportunity in chaos. Many thanks.
Useful link:
www.zultanite.com
Useful link:
www.zultanite.com
Art Market Update
Interesting private collection indeed. Mr Keverne was spot on. For the best and rare prices keep going up. The market speaks for itself. Many thanks to Economist.
Useful links:
www.bonhams.com
www.keverne.co.uk
www.littletonandhennessy.com
Useful links:
www.bonhams.com
www.keverne.co.uk
www.littletonandhennessy.com
Tuesday, May 18, 2010
Jewelry Market Update
Ken Gassman was spot on. Many thanks.
Historically, the jewelry business has had low barriers of entry. Almost anyone could (and still can) open a jewelry store and generate some sales. The problem is that too many jewelers enter the business because they love the dazzle of diamonds and the glitter of gold; they fail to grasp the concept that this is a business proposition. We say that those people are in the “jewelry business.” They come and go; they don’t stay long because they aren’t good business people. In contrast to those people who are enamored with the sparkle and dazzle of jewelry, there are the people who understand that selling jewelry is just like any other business: you invest capital for a return. Those people could run any business, because they understand the financial dynamics that drive the business. We say those people are in the “business of jewelry.” These people are the long-term survivors in the jewelry industry. They have controls and systems in place to run their businesses. It’s not the color of the gemstones that captures their attention; rather, it is the color of money that captivates them.
- Ken Gassman
Useful link:
www.kennethgassman.com
Historically, the jewelry business has had low barriers of entry. Almost anyone could (and still can) open a jewelry store and generate some sales. The problem is that too many jewelers enter the business because they love the dazzle of diamonds and the glitter of gold; they fail to grasp the concept that this is a business proposition. We say that those people are in the “jewelry business.” They come and go; they don’t stay long because they aren’t good business people. In contrast to those people who are enamored with the sparkle and dazzle of jewelry, there are the people who understand that selling jewelry is just like any other business: you invest capital for a return. Those people could run any business, because they understand the financial dynamics that drive the business. We say those people are in the “business of jewelry.” These people are the long-term survivors in the jewelry industry. They have controls and systems in place to run their businesses. It’s not the color of the gemstones that captures their attention; rather, it is the color of money that captivates them.
- Ken Gassman
Useful link:
www.kennethgassman.com
Precious Metals Book
CIBJO, the World Jewellery Confederation, has released the Precious Metals Book, an invaluable reference for jewelry manufacturers in all countries throughout the world. Check it out. www.cibjo.org
Subscribe to:
Comments (Atom)