Wednesday 25 June 2014

Marketing in the digital age

The art of marketing in the digital age

There has been a shift in the way that buyers has moved their buying habits. We live in a digital age where almost 60% of the world now has access to information from smartphones. No longer can a seller just charge what he wants. Larger companies such as Amazon has taken over the role of supply in so many ways. In the USA there is talk of using drones to deliver your purchases in your backyard.

This means that we get more and more reliant on purchasing things over the internet. We have seen this trend and we at Silver Hills Gems have always kept our clients in mind even when designing our new website. We said that the website must be mobile friendly. That was one of our first criteria. It has to be easy to use. Speed is also essential because you do not want to wait hours for the website to load. 

I am planning to relocate the website to South Africa but need help. If anyone of you have the skills to move it or know someone who can move it I will gladly use your services. Just give us a call and we can go ahead with it. Currently we are hosted overseas and we have issues with the sea-com cables that are unstable. The website itself is lighting fast when accessed from an overseas computer but might drag here. Please tell us how you find it on your end. We have had some speed issues but this was related to Telkom and the poor lines we have at Hartbeespoort.

But most important is content. If you do not have the right stock you will not make a success. We run both a retail store and a wholesale online store. The content is slightly different. In a retail store you need large impressive looking items to impress your walk in customers. On the internet you need variety. To give you an example of the different approaches to selling in an online store versus the internet I have heard of a study they did on jam spreads.
A certain well known company decided to increase their range by 50% and subsequently sales went down in the physical store. The complaint was that the choices were too large. They decreased the range again and sales came back to normal. 
We believe in stocking deep. That means that you must have enough stock of any one kind of item for the buyers to take you serious. If you stock anything you should have at least a dozen of that item on the shelves. I am always amazed at stores that buy wholesale from us who only buy one or two of a kind. I always try and imagine how the display must look when there is only one of a kind on the shelves. Your sales will increase if you have more than one of a specific kind on the shelves. 

Picture Woolworth s and see the rows and rows of similar items just in different sizes on the shelves and you will see a good and tested model of merchandising. We do our best to stock both deep and varied. The variety is for our online buyers. In an online store you need larger variety because you can reach more buyers.

But the main advantage from buying local is that the taxes has already been paid and the goods will be with you quickly. You must be able to handle orders in quick time. This is one thing we do well. When an order comes in we try to get it out the same day. Speed when processing orders are so important. 

Many people who do not sell their own stock but sell stock from a larger company. When an order comes in they must first go and acquire that stock before they can ship it. This takes time and inevitably leads to delays and disappointments when the bigger company is also out of that item. We only sell what we have already in stock.


The final word is that marketing in the digital age require you to be present 24/7 and you have to give the best service found anywhere if you are to succeed and thrive. May your business grow and may success be your portion today.

Tuesday 3 June 2014

Birthstone for June!

June Birthstone poem - the Pearl

"Who comes with summer to this earth
And owes to June her hour of birth
A pearl should wear against her skin
Who's innocence many a heart shall win."



PEARL

Historically, pearls have been used as an adornment for centuries.  They were one of the favorite gem materials of the Roman Empire; later in Tudor England, the 1500's were known as the pearl age.  Pearls are unique as they are the only gems from living sea creatures and require no faceting or polishing to reveal their natural beauty. In the early 1900's, the first successful commercial culturing of round saltwater pearls began. Since the 1920's, cultured pearls have almost completely replaced natural pearls in the market.



ALEXANDRITE

A relatively modern gem, Alexandrite, was first discovered in Russia in 1831 during the reign of its namesake, Czar Alexander II, and is an extremely rare chrysoberyl with chameleon-like qualities.  Its color is a lovely green in both daylight and fluorescent light; it changes color to a purplish red in incandescent light.  Due to its rarity, some jewelers stock synthetic versions of this enchanting gemstone.  (Synthetic gemstones are man-made alternatives to the natural material, possessing the same physical, optical, and chemical properties as the natural gemstone.)



MOONSTONE

The third birthstone for June is the Moonstone.  It was given its name by the Roman natural historian Pliny, who wrote that moonstone's appearance altered with the phases of the moon — a belief that held until well after the sixteenth century.  A phenomenal gemstone, moonstones show a floating play of light (called adularescence) and sometimes show either a multi-rayed star or a cat's eye. Considered a sacred stone in India, moonstones often are displayed on a background of yellow (a sacred color) and are believed to encapsulate within the stone a spirit whose purpose is to bring good fortune.  Part of the family of minerals called feldspar, moonstone occurs in many igneous and metamorphic rocks and comes in a variety of colors such as green, blue, peach, and champagne. The most prized moonstones are from Sri Lanka; India, Australia, the United States, Mayanmar, and Madagascar are also sources.