Jewellery Focus October 2018 | Page 3

EDITOR’S LETTER CONTRIBUTORS Is it still show time? CONTRIBUTORS NATALIE PERRY Natalie is a jewellery designer and founder of Natalie Perry Jewellery. She creates sustainable jewellery from fairtrade gold, recycled silver and ethically-sourced gemstones. HANNAH SHUCKSMITH Hannah is the founder and creative director of Hannah Shucksmith London. Hannah is also a life coach and likes to combine both her interests. PHILIP KYDD Philip is the founder of Philip Kydd gold and silversmith and has been producing hand crafted jewellery and silverware for over 30 years in their workshop in North Somerset. LEONARD ZELL Leonard has been training fine jewellers for 25 years. His monthly column gives some top tips on sales training and improving your bottom line. ON THE COVER I hope you enjoy the issue. October 2018 www.jewelleryfocus.co.uk £5.95 | ISSN 2046-7265 ARE JEWELLERY TRADE SHOWS DEAD? Following the news of the watch giant Swatch Group pulling out of Baselworld, we investigate whether trade shows still retain the same value as they once did Are jewellery trade shows dead? Page 20 In my years as editor of this magazine I have attended dozens of trade events, collecting, among other things, impressions of the shows, a flavour of how much buying and selling goes on, and a gauge of the mood of the industry at large. It fluctuates, and you will always have people lamenting low footfall, but is always illuminating. This year has arguably brought the issue of slow days at the trade show to a head, with Swatch announcing they will withdraw from Baselworld, and sticking the boot in to the organisers as they did it. It has no doubt set the jewellery community throughout Europe and possibly even further afield to wondering: does the benefit still outweigh the cost? It’s a question of existential importance if your business is organising shows. There is no doubt that several prominent events have seen exhibitor numbers dwindle noticeably in recent years, and it is hard to see how, in a market where serious new entrants are few and far between, this cannot result in a downward spiral. If there are fewer exhibitors, there is less to see, so footfall dips and those who do still exhibit feel that pain. This colours their decision-making when pondering whether to exhibit again next year. Consequently, and especially in the wake of Swatch’s announcement, there has been much discussion about the necessity for show organisers to ‘reinvent’ their platform, but there is only so much that can be done. Dancers, champagne and jazz quartets do not make the tills ring, and more importantly, they do not undo the 20 years’ entrenchment of easy-to-use online marketplaces, highly efficient logistics, and remote trading. Many may still enjoy going to exhibitions, and yes some business will be done, some relationships forged. But it is not necessary to attend anymore. If orders are not being signed in substantial volumes, the experience is reduced to a PR and glad-handing exercise, and a very expensive one at that. I don’t profess to have any developed ideas about how the format could be rebooted in such a way as to stay relevant in the internet age, but one thing’s for certain: it will only survive if it does. TALKING POINT RETAIL ADVICE We ask jewellers about their experience at IJL 2018 32 Why marketing your business for annual events is important 34 42 TAKING STOCK LEONARD ZELL YOUR VIEWS A look at the latest product releases and business services Leonard Zell looks at the different types of sales managers We sit down with Jianhui Yan, founder of Jianhui London October 2018 | jewelleryfocus.co.uk MICHAEL NORTHCOTT Editor, Jewellery Focus [email protected] JEWELLERY FOCUS 3