To the right is a gold chain that GEIB received in with a melt lot. We noticed the chain, along with a few other pieces but something about this piece in particular just didn’t add up to being "RIGHT", so we went a little further on this rope chain.
Who can remember keeping the ads in the Sunday paper and using these to value items coming in the door, especially as a price guide for inventory coming out for sale? Ahh, talk about the good ol’ days! Customers would come in and see a TV that looked to be a good deal, haggle a little, and buy it! How times have changed! Now, everything out for sale in your store can be price checked with eBay, Amazon, or any other retail store in a matter of minutes.
Does anyone out there know what the Manager’s Circle is? If you’ve ever worked for me or know me professionally, then you absolutely know this concept. It’s an imaginary circle, between the pawn counter and the front door where the manager resides while at work. Why? Because when a customer comes in to get a pawn, I want three things to happen:
Data Age Business Systems, the developers of PawnMaster software, continues to bring Pawnbrokers cutting edge eCommerce technology in an increasingly competitive used goods retail space. Their eCommerce capabilities have products flying off the shelves with a seamless and easy-to-use experience that allows the store to list an item on their floor for sale on multiple eCommerce sites, including their own website. This not only increases exposure by integrating with eCommerce giants such as eBay, Amazon, Craigslist, and Gunbroker, but also eliminates concerns around duplicate sales with multi-channel listing. Using PawnMaster’s e-foro eCommerce integration, Data Age customers have sold over 50,000 items and generated over $10 million in eCommerce sales. PawnMaster’s eCommerce clients also benefit from a unique pricing model that, unlike other vendors, does not charge revenue-sharing fees. E-foro eCommerce integration is gearing up Data Age customers to prepare them for the largest holiday season yet. Offering both retail and online sales options is a necessity this season, as Deloitte is forecasting an 18 to 21 percent increase in 2017 eCommerce sales compared with 2016. They also predict retail holiday sales should rise a healthy 4 to 4.5 percent over last year’s shopping season.
"My name is Vernon Stading and I am the owner and founder of Devoted Business Development and we help pawn shops and jewelry stores make more money and be more profitable. I got into this business really kind of by accident, one of the fun stories I like to tell is that my background is actually in franchising.
As year-end approaches, business owners often get pulled in many directions. In the retail sector, this is when sales typically peak. This finds many business owners working more hours in their shops while spending the little free time remaining readying for the holidays and gathering together with family and friends. What can be forgotten in the midst of the season’s hustle and bustle is the critical task of business planning for the upcoming year. Even a small amount of planning in the following areas can provide your business with a roadmap for success.