February 1998
NO TWO DIAMONDS ARE ALIKE, SO WHY SELL THEM THAT WAY?
Diamond engagement ring customers are different from those looking
for a diamond solitaire necklace. Learn selling strategies for each kind
of diamond customer and watch your sales soar
by Diane Warga-Arias, director of education for the Diamond Promotion
Service
We all understand why selling a diamond is different from selling a gold
chain or a colored gemstone - the diamond's powerful symbolism in our culture
is unmatched. Thanks to De Beers, only a diamond means forever. That intellectual
real estate is owned by diamonds. It's why people want them.
But as much as diamonds are different from other jewelry store products,
they're also distinct from each other, like snowflakes or fingerprints.
You've heard it and said it in many ways to your customers: no two diamonds
are alike. So your sales strategies must be as varied.
Many of you successfully sell diamonds by doing a lot of things right:
making customers understand quality features, translating the features into
personal benefits and romancing the stone. You create lists of favorite
uncommon adjectives, use favorite romantic phrases. Yet you continue to
search for new selling techniques because you want to sell more, bigger
and better-quality diamonds.
The Diamond Promotion Service, using De Beers' research, has identified
core selling strategies common to all diamond sales (see "Core Selling
Strategies"). But that same research tells us the diamond engagement
ring customer, for example, differs from the customer interested in a diamond
solitaire necklace.
No matter how successful you are at selling diamonds, learning these
differences is essential to your bottom line. You can integrate the consumer's
universal desire for diamonds and what they symbolize with selling strategies
tailored specifically to the kind of product she or he is interested in.
This article is based on information included in the Diamond Advantage
series of educational programs offered by the Diamond Promotion Service.
Learn Core Selling Strategies First
Each month in Professional Jeweler, the Diamond Promotion Service
will share De Beers' research findings on a different category of diamond
jewelry consumer. Let's review the three basic core selling strategies for
you and your staff.
These are the techniques that stoke the consumer's passion, which first
motivated the desire for a diamond, keeping it at the heart of the counter
experience. Fanning the flames of that emotional connection is at the core
of more profitable diamond sales. Because most diamond purchases are for
gifts from a man to a woman, focus on the romance.
1. Connect with the customer
Go beyond the technique of smiling, making eye contact and small talk. You
can't "connect" if you have a premeditated opening. Salespeople
with a smooth automatic opening that has garnered positive response in the
past will have the hardest time with this. But to bring passion into the
sale later on, even the most successful salespeople need to learn how to
connect on a different level, and with a few more customers.
To achieve this, you must bring a bit of your personality to the sales
floor. There's no replacement for this genuine approach. Be yourself. Bring
your humor, your sweetness, your shyness or your confidence to each interaction
with customers, getting them to open up and tell you what triggered the
desire to buy a diamond. Be aware of what they are saying and the meaning
behind it. When you are yourself, customers feel they're talking to a friend.
2. Link him and her
The critical link when a man buys a gift for a woman isn't matching him
to the right diamond. The critical link is him and her. The diamond sale
is about them.
Whether the man shops alone or a couple shop together, keep him linked
to her throughout the sale. Keep her, and the relationship, uppermost in
your conversation. That will help him to remember what he is really doing
- expressing his love.
3. Focus on the experience
You want your customers' experience of giving and receiving a diamond to
include a magical diamond moment, just like those created in De Beers commercials.
Find out about the unique qualities of each customer's relationship and
the unique experience he or they desire. It's "customized romance"
in which you relate to the individual stories in front of you at the sales
counter. Let them know you appreciate that their courtship story is unique
and as romantic as a scene from a movie.
Once you have connected with your customer, found out what triggered
him to want a diamond and kept him linked to her, stay focused on their
experience. Ask yourself: Who is this man, who is this woman and why a diamond?
Then no matter what challenging questions you must answer, no matter how
much technical information the customer needs to feel comfortable about
the purchase, you will be able to keep the "experience" top of
mind for you and your customer. Buying a diamond is about something very
personal.
Think Diamond Engagement Rings
Because February is a big bridal month, learn and remember these three
DPS selling strategies for diamond engagement rings:
1. The two-month salary guideline.
2. The 4Cs.
3. Using the woman's influence to drive up the average sale of the diamond
engagement ring.
On this third point, keep in mind that though De Beers research continues
to show women drive down the average price of a diamond engagement ring
when they're involved in price discussions, the research also shows women
drive up the average price when they're involved in choosing or discussing
the size and quality of the diamond.
Keep couples focused on size and quality, if you can, while saving price
discussions to have with him alone. With this strategy, you should enjoy
higher sales and improved profitability.
Next month: Vive la difference!
The French celebrate differences among people and so should diamond jewelry
salespeople. Beginning next month in Professional Jeweler, you will
learn how the Diamond Promotion Service is more finely distinguishing among
the different types of diamond sales by launching separate selling strategies
for different diamond jewelry categories, such as the diamond engagement
ring, the diamond solitaire necklace, other fashion diamond solitaire jewelry,
better-quality diamonds and more.
Copyright © 1998 by Bond Communications.
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