Hill & Co.’s Post

View organization page for Hill & Co., graphic

2,202 followers

Mastering the art of merchandising is crucial, whether you're a global jewelry brand or a local retailer. It impacts everything from profit margins to attracting new customers and fostering brand loyalty. At the heart of an effective merchandising strategy is the 5 Ps —Product, Price, People, Place, and Presentation. Get this right, and watch your business thrive. In the latest issue of The Jewelers Collective, Nan Lung Palmer, our Principal Consultant and expert in merchandising, explores how to leverage the 5 Ps for success. Whether it's developing your pricing strategy, training your team or creating an unforgettable in-store visual atmosphere, Nan breaks down the key elements for taking your jewelry merchandising to the next level. Remember, a well-balanced approach to Product, Price, People, Place, and Presentation is key to sustained success in the competitive jewelry industry. You can view the full summer issue and read the full article here>> https://bit.ly/4bmXEDy We'd love to know your thoughts in the comments below. How do you approach the 5 P's in your business? #Merchandising #Diamonds #Gemstones #Jewelry #BusinessStrategy #Growth

  • No alternative text description for this image
Nan Lung Palmer

Owner & Managing Director at FACEts Jewelry Consulting. Principal Consultant & Merchandising Expert at Hill & Co. Founder & CEO at LuxeRox.

5mo

Thank you Hill & Co. for sharing my feature with The Jewelers Collective summer edition. With Vegas around the corner, it’s crucial to review/ revisit the 5 P’s for your business. The Merchandising Mix is essential across all segments of the jewelry business, whether you’re a designer or a retailer.

To view or add a comment, sign in

Explore topics