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Fri, September 05, 2008

 

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Jewelry Store Software Will Help Small Jewelers Compete With The Big Guys

 


By: Cheree Dohmann -

Jewelry store software isn t just something used exclusively in chain stores. In fact,
anyone dealing in fine jewelry and gems should have a jewelry store software program to
help them run their business. However, many small and private establishments forgo
looking into computer software with dire consequences. While they might have a computer
and a database of some sort, they fail to look into jewelry store software for fear the
cost would be too great or the programming too complicated.

Today, using software to organize your business is much easier, than in years past. With
more businesses competing in the jewelry market, it s important to stay a step ahead of
the competition. This is where jewelry store software comes to the rescue. Software
programs that use to cost tens of thousands of dollars to install, now cost less than
five thousand, in many cases.

Increasing Sales with Jewelry Store Software

Unlike the older MS-DOS databases, jewelry store software with its integration of POS,
inventory and accounting functions offers owners a turnkey solution to these three major
areas. As an example, the software can simultaneously compute a sales transaction,
update your inventory and the general ledger; all at the same time! In addition, it
tracks customer contact information, returns, and repairs.

Another function of the software one should consider is the time saved when determining
the current mix of products in stock. Much of the owners valuable time is wasted when
done by hand. However, with jewelry store software-reporting features, analyzing the
inventory is a snap. Now, the jeweler can use the time saved and focus on moving aging
inventory, making room for the more popular items.

Don t Let Opportunities Pass You By

When companies do their inventory the old-fashion way, they lack the solid answers to
three important questions they should know about their retail business in order to
compete:

Current value of inventory
Inventory turnover
Product profit margins

This information is invaluable when an opportunity presents itself and a quick decision
is a must!
Bottom Line

The knowledge that jewelry store software will provide, and the time it will save you,
will more than make up for the investment. Jewelry store software will level out the
playing field, allowing smaller companies to compete effectively and efficiently with
larger corporations.

Cheree Dohmann is an internet marketing consultant that works with individual companies
to build branding, search engine visibility and create online advertising opportunity
for small businesses. Cheree has worked with IBIS for the past 2 years to promote their
jewelry store software. To learn more about IBIS, please visit www.ibis-net.com






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