Maximizing Your Jewelry Retail Business: Strategies and Tips

The lion’s share of the jewelry market revenue is attributed to China, followed closely by the United States and India. In 2022, the total global jewelry market was valued at approximately 270 billion U.S. dollars and is forecast to increase by more than 30 billion U.S. dollars to 307 billion dollars by 2026.

Jewelry retailers can grab a share of this massive growth by adopting the right retail software solutions. ETP V5 Retail Software has been enabling retailers just like you in elevating retail performance to facilitate cross-selling/up-selling and increase conversions on footfalls.

Learn more: https://www.etpgroup.com/industries/jewelry/

Benefits:

Increase sales during festivities by creating targeted promotions at category/sub category or even at SKU level and exercise control over pricing
Enhance customer experience by providing quality service and offering a seamless omni-channel shopping experience
Provide visibility of sales and inventory across channels to replenish at SKU level
Manage product, price and promotions across multiple retail channels
Fulfill online/e-commerce orders from store inventory and allow for any store returns for both, in-store and online purchases
Manage merchandise, time, location and customer hierarchies for planning category-wise and location based promotions
Avoid lost sales by providing ‘endless aisle’ capability in-store to service customers better
Enable in-store mobility with a secure Mobile POS to service customers faster and also perform queue bursting
Manage inventory at SKU level as well as track sales, inventory and delivery for smooth flow of products, especially for high value products
Track each individual piece based on a serial number and capture additional attributes such weight, carats and material

ETP is an Omni-channel Retail Software company serving market leaders in 24 countries across the Asia Paciﬁc, India, and the Middle East regions. ETP’s retail and e-commerce solutions include Omni-channel orchestration, POS, Mobility, CRM, Marketing Campaigns, Promotion Management, Smart Order Management, Supply Chain Management, Product Information and Inventory Management, Marketplace Management, and Analytics. ETP has successfully executed over 500 enterprise software projects across 35,000+ stores for 500+ brands. ETP’s unique value proposition is its ability to consistently deliver enterprise-grade Omni-channel solutions to its customers and build long-term strategic partnerships spanning decades.