Wholesale Jewelry, Consumer Confidence & A Media Blitz of Bad News

Oh. For the days when Gene Autrey was onSome of this will be happening this season so retailers
television singing "and never is heard a discouragingneed to be sure their fashion jewelry selection is
word"! Well, today the media is serving up a steadyfine-tuned to deliver an updated look.
diet of bad news and retailers in the fashion industryAnother advantage fashion jewelry has for a retailer is
are getting a little jittery about their Christmas season.the "feel-good" experience. A steady diet of bad news
Fear sells more newspapers than comfort soalmost drives women to go out and find some new
negatives are receiving too much emphasis. With 25little item to lift their spirits. Fashion jewelry fills this need
years of experience in the wholesale fashion jewelryso well, especially if you keep the jewelry selection in
industry, we have seen our share of economictoday's trends of classic looks that reflect quality.
downturns. Some barely affected business and noneGemstone jewelry, including turquoise and other semi
were as bleak as the media is painting the picture now.precious stones fulfills this look with necklace sets and
So get ready for a feel-good tour through encouragingbracelets that are not only hot in current fashion trends,
facts that can have a positive effect on your business.but deliver quality with perceived intrinsic value. Glass
First, there's gas prices that have fallen nearly in halfjewelry, especially Murano style glass, also delivers
and add a nice piece of change to the family budgetquality with eye-pleasing designs that are wearable art.
like a stimulus check every week. Second, the electionAffordable quality is key to most of the feel-good
is over so all the hype of candidates beating eachsales in fashion jewelry, but some stores are seeing a
other up to get the job is behind us. Much of this spillsturn to the wilder side that they attribute to escapism.
over to the economy and is magnified by the media,JC Report quotes Jenny Le of Opening Ceremony as
making most presidential election years slower.saying "To some degree, there's an element of
Third, many areas of the country are barely feeling afantasy going on-our customers are buying more
slowdown. Take Texas and Louisiana, for example,daring pieces, perhaps to escape from what's going on
where oil is more important than manufacturing.in the world". Still the safe bet is classic looks in fashion
Houston shares the highest creation of new jobs withjewelry that reflect quality.
the Norfolk, Va. area, which can only mean a robustThen there's the talk of major retailers cutting back
economy. Louisiana, according to the La. Mid-ContinentChristmas orders and expecting a slow holiday
Oil & Gas Association, is number one producer ofseason. These cut backs are 10% to15%, which is not
crude and number two in refining with 4.5 jobs spinningcatastrophic and anyone who thinks Christmas
off from every job in the industry. These good payingshopping is going to drop dead can dispel the thought
jobs are safe, adding stability to the economy. Ofby taking a ride to the mall the day after Thanksgiving.
course unemployment is up overall, but a reportI'm sure they're going to run into a parking problem.
released at the end of October by the Bureau ofBesides, small retailers have a huge inventory
Labor names several other areas whereadvantage over the majors because they can order
unemployment is dropping-facts the news isn't givingto need and receive goods in a week or less, while the
us.majors place orders months in advance. Small retailers
OK, so maybe things aren't as bad as the picture thatcan make hairpin turns, satisfy the needs of specific
is being painted on television, but the customers seecustomers, and feel the pulse of the local community.
this stuff and consumer confidence is tanking. That hasThe majors don't have this flexibility. This amounts to
to be bad for retail sales, right? Historically, this isn't truefar better inventory control for small retailers.
for businesses with moderately priced fashion jewelryThe final and most important ingredient for a
and accessories. Look up the article, Fashion Jewelry,successful season in fashion jewelry and accessories
Fuel, and the Economy, which provides details ofis none other than you, the retailer. Remember the
economic downturns dating back to the early eightiescustomers that are going out to buy because they
and the small effect this had on fashion businesses.need a feel-good experience? We owe it to them to
Actually fashion jewelry and accessories have plentydeliver that uplifting experience. Set aside any
of built in advantages. Let's begin with the woman whoeconomic worries and make their buying trip fun and
feels she needs to tighten her budget. Adding freshpositive. This is worth more than the fashion jewelry
accessories or fashion jewelry to last year's wardrobeand accessories that are on display.
updates looks nicely at a far more affordable cost.