The Best Practices in Jewelry Retail

Scenario: –

Jewellers, especially small and medium enterprises are facing more challenges than ever before. If the objective is to build a sustainable retailing business, then the earlier “gold price increase and arbitrage opportunities” are unlikely to be successful. Retailers must be willing to change, perform or perish is the new language.

Whether the challenges pertain to a business plan, retaining the old customers, managing the inventory and improving the stock rotation, motivating the staff in the store, identifying and solving day to day issues can challenge even the most committed retailer.

Organising the business , Computerisation of the processes, better marketing strategies, and working a new way of life in dealing with the “less cash business” are just some of the way forward.

The Best Practices in Retailing Workshop :-

The program will focus on how to redefine the Purpose of the business, how to develop a business plan, Identifying the location for the store or developing the existing store, the suitable interior spends, the inventory management challenges and opportunities, people management etc in a half to one day workshop format.

The key takeaway will be a set of specific action points (typically 25 in a full day workshop) for immediate implementation from developing a business plan for the year, the identification of good products for the business on a sustainable basis, building a micro marketing plan, etc.

Author profile:

Shivaram is the Founder of Retail Gurukul, a boutique Consulting and Training Company for retail industry in India & UAE . He and his team have worked with 100+ companies, trained over 6000+ people. He was earlier the Head of Merchandising, Training and Regional Sales during his decade long working with Tanishq. Earlier he has worked in the watches, pharmaceuticals and consumer durable industries.

The date and location are being finalised and we will get back to you once it is finalised. In the mean time, please register your interest for this paid workshop by getting in touch with us with your name and contact details.

Topics for the workshop:
Purpose, Business Plan, Profitability of your business , Inventory Management, Training of Sales Staff, Performance metrics etc.

Who should attend:
Small and Medium Enterprises wanting to build a sustainable business over the next few years, identifying their strengths and weaknesses and want to build an action plan with specific points for immediate implementation. Though it is open to all, and our workshops have participants with turnovers from a few crores to a 1000 crores multiple stores across multiple cities.

Call Sharaan Infosystem now!

We can use or modify based on your audience and where we want to host on the website. It can be an Advt or a blog post.

Happy to discuss how we want to take it forward.

PS: We are also starting an online consulting program for SME jewellers and if you would like to jointly offer it, to your clients, we can discuss a suitable strategy.

Founder, Retail Gurukul,
Ex- Tanishq Merchandising Head

100+Clients across India + Dubai

9036036524/ WhatsApp / FB / Linked In

Write a comment