The Plumb Club’s June podcasts from jewelry industry experts focus on giving retailers a better understanding of how their products are priced by their vendors and how products can be secured either via construction and attachments, or insurance.
· Do You Know What Goes into Your Product Wholesale Price?:
Ever wonder how your suppliers arrive at the price they charge you? Corinna Bhasin provides insight into the various costs and elements that make up a product wholesale price. She discusses bills of materials and how changing markets and commodities can affect the price and value of a piece resulting in differing prices during the lifespan of a style. Corinna Bhasin is the Vice President of F.D. Worldwide Merchandise Group. A merchandising and manufacturing house for fine jewelry since 1994.
· Jewelry Security and Maintenance for Investment Jewelry:
For many consumers, securing and maintaining their jewelry investment is paramount. Ralph Quackenbush discusses the various options for securing an item, such as the item’s construction and attachments. Further, he talks about how to insure an item and opportunities a retailer has to further engage a customer after the purchase in order to keep themselves in top of mind. Ralph Quackenbush is a senior sales representative for W.R. Cobb Company, a full-service manufacturer, providing solutions to retailers.
The Plumb Club podcasts, which are added monthly, provide strategies, knowledge and immediately actionable steps from industry leaders, that help retailers across a variety of business areas. The newest podcasts, as well as the previous ones, are available on The Plumb Club website under the “Resources” tab: plumbclub.com/resources/plumbclubpodcasts.
About The Plumb Club
Founded in 1983 by a small group of distinguished manufacturers as a social club, The Plumb Club has evolved into one of the jewelry industry's leading supplier organizations. The Plumb Club is a unique coalition of leading and important suppliers spanning all facets of the jewelry, diamond and watch industries. The Plumb Club is an organization of suppliers whose purpose is to connect its members and their customers and help shape the future of the jewelry industry. The Plumb Club is a responsible supply side organization recognized for leadership, adding value, and positively impacting the jewelry industry. For more information, please visit www.plumbclub.com.
