This is gift biz,
Speaker:unwrapped episode 375.
Speaker:The goal,
Speaker:as I said,
Speaker:for everything we do is to make someone open it and
Speaker:feel like,
Speaker:oh, this person sees me At Tinton.
Speaker:Gifters bakers,
Speaker:crafters, and makers pursuing your dream can be fun.
Speaker:Whether you have an established business or looking to start one.
Speaker:Now you are in the right place.
Speaker:This is gift to biz unwrapped,
Speaker:helping you turn your skill into a flourishing business.
Speaker:Join us for an episode,
Speaker:packed full of invaluable guidance,
Speaker:resources, and the support you need to grow.
Speaker:Your gift biz.
Speaker:Here is your host gift biz gal Sue moon Heights.
Speaker:Hi there.
Speaker:It's Sue.
Speaker:And thanks for joining me here today.
Speaker:One of the most fulfilling things I've discovered through starting gift
Speaker:biz on wrapped is the warmth comradery and generosity of the
Speaker:community that we formed.
Speaker:You're so giving and so talented.
Speaker:And of course,
Speaker:I always want to give back to you too,
Speaker:to do something that can make your efforts easier and your
Speaker:result greater.
Speaker:So I asked you how you surprised me.
Speaker:It wasn't help with an email marketing strategy.
Speaker:It wasn't about selling it shows or any other number of
Speaker:topics that make up a solid growing business.
Speaker:Nope. What you're overwhelmingly asking for is help with social media
Speaker:posting. You've been telling me that you're putting in the time
Speaker:you're posting frequently and you're discouraged because you aren't seeing any
Speaker:of this move the needle for your sales message received,
Speaker:putting in more and more time posting in the same way.
Speaker:Isn't going to magically bring you in the sales.
Speaker:You need to change the way you're posting and what you're
Speaker:posting. You don't need to put in more work.
Speaker:You need to put in the right work.
Speaker:And that's when you'll see things change.
Speaker:And I've created your guide to do just that.
Speaker:It's called the content for makers and it's specially designed for
Speaker:handmade product makers.
Speaker:Like you content for makers will help you understand why your
Speaker:current social media activities aren't converting into sales.
Speaker:It will also show you how to put in less time
Speaker:and start seeing activity through social that will lead to increased
Speaker:sales. Just imagine knowing exactly what to post and getting it
Speaker:done in just minutes.
Speaker:Each day,
Speaker:that frees up space for you to interact with potential clients,
Speaker:deepen relationships with those you already know.
Speaker:And all of this continues to build upon itself naturally.
Speaker:Yes, this really is possible.
Speaker:Content for makers will accomplish this for you to see all
Speaker:the details,
Speaker:jump over to gift biz,
Speaker:unwrapped dot forward slash content for makers.
Speaker:But honestly at only $27,
Speaker:it's a no brainer.
Speaker:Plus you only have to pay for it once for use
Speaker:year after year.
Speaker:Why carry on posting as you've been doing all along expecting
Speaker:different results,
Speaker:sign up for content for makers now and see the transformation
Speaker:of your posting experience change right before your very eyes,
Speaker:gift biz,
Speaker:unwrapped.com forward slash content for makers it's ready and waiting for
Speaker:your immediate access right now,
Speaker:summer is in full swing.
Speaker:Isn't it amazing.
Speaker:The sun is shining full force.
Speaker:The kids are out of school and life takes on a
Speaker:different structure for these few months.
Speaker:Even if your work responsibilities continue this year,
Speaker:I'm trying harder to take in the season.
Speaker:The moments I look forward to in snowy January are here
Speaker:once again,
Speaker:but too often,
Speaker:I push them off into the future.
Speaker:Why I'll be honest more than once or twice.
Speaker:I've chosen to miss out in exchange for getting ahead one
Speaker:more week on this podcast,
Speaker:or to get some other business related task checked off the
Speaker:list. But this summer is going to be different.
Speaker:I'm committing to going to our local farmer's market at least
Speaker:twice a month before I head into the office on Wednesdays.
Speaker:And I'm going to spend more time in my garden,
Speaker:something I love.
Speaker:I'm also planning to test out some new grilling recipes and
Speaker:have friends over to the house more than last summer experiences
Speaker:like this,
Speaker:make my heart happy.
Speaker:And I'm determined to add more of them back into my
Speaker:life instead of saving them for the future.
Speaker:Now you may be wondering why I'm bringing this up in
Speaker:the podcast.
Speaker:Three reasons.
Speaker:First, maybe you recognize a little bit of this behavior in
Speaker:yourself too.
Speaker:So I'm nudging you to add a few specific things into
Speaker:your life that give you joy detailed activities.
Speaker:Just like I told you about here.
Speaker:Second. Now you can hold me accountable to my plan.
Speaker:There is something about putting intent and speaking the words to
Speaker:another person that makes it happen.
Speaker:And third,
Speaker:it leads to our topic today.
Speaker:As you know,
Speaker:from the title we're talking about selling,
Speaker:but in a different way than you ever have before you
Speaker:see my guest provides an upscale concierge experience.
Speaker:Although high-end jewelry plays a role,
Speaker:it's the service she provides that is her stand out business
Speaker:asset. I know you aren't offering products that cost thousands of
Speaker:dollars. However,
Speaker:the customer experience you provide and set you apart too.
Speaker:You'll hear great tips on confidently presenting the value of your
Speaker:product as it relates to price,
Speaker:setting customer expectations,
Speaker:the value of a high touch moment and the mindset of
Speaker:radical generosity and abundance as it relates to selling.
Speaker:I know the whole topic of sales always is a struggle
Speaker:and always get your heartbeat in a little bit faster.
Speaker:I think you're going to find some relief here Today.
Speaker:Our guest is cat McCoy.
Speaker:Cat is the owner of best kept jewelry concierge.
Speaker:She helps clients source the perfect piece of jewelry for milestone
Speaker:occasions, including engagements,
Speaker:birthdays holidays,
Speaker:and anniversaries cat works with the nation's top designers,
Speaker:diamond dealers,
Speaker:wholesalers jewelers,
Speaker:and collectors to find unique options for her clients.
Speaker:She was inspired to start this business because she believes that
Speaker:a thoughtfully selected piece of jewelry is one of the most
Speaker:meaningful gifts you can give or receive cat,
Speaker:welcome to the gift biz unwrapped podcast.
Speaker:So happy to be speaking with you.
Speaker:I'm excited that you're here.
Speaker:I can't wait to dive into everything about your concierge business,
Speaker:but before we do that,
Speaker:I'd love to learn about you in a little bit of
Speaker:a different way.
Speaker:It's become a tradition here on the show,
Speaker:and that is to have you describe yourself by way of
Speaker:a motivational candle.
Speaker:So if you were to create a candle that really would
Speaker:resonate with you,
Speaker:Kat, what would it look like by color and maybe a
Speaker:quote or a saying?
Speaker:Absolutely. So my candle would be a really warm and inviting
Speaker:sand color and the candle would be printed,
Speaker:sort of these three overlapping circles with the words,
Speaker:thoughtful, generous,
Speaker:and personal.
Speaker:And that's really what I hope every best cap piece of
Speaker:jewelry is for someone is thoughtfully selected.
Speaker:It's generous in the way that it was selected and purchased.
Speaker:And there's something really personal about the style and it should
Speaker:resonate with each person individually Love it.
Speaker:And you know,
Speaker:we always talk about customized gift and a gift that really
Speaker:relates to the person who's receiving it versus just buying anything
Speaker:and giving it to somebody,
Speaker:right? Like that's the meaning of everything is putting thought behind
Speaker:it and doing something special with the intended person in mind.
Speaker:Absolutely jewelry in particular is incredibly personal.
Speaker:And I think the goal,
Speaker:as I said,
Speaker:for everything we do is to make someone open it and
Speaker:feel like,
Speaker:oh, this person sees me.
Speaker:And I think jewelry is particularly emotional that way.
Speaker:And we all want to be seen.
Speaker:Absolutely. That is for sure.
Speaker:Take us back to the beginning,
Speaker:your story and how your experiences got you to where you
Speaker:are here today.
Speaker:Absolutely. So I studied business undergrad.
Speaker:I went to work for one of the big four accounting
Speaker:firms and their management strategy practice.
Speaker:So I certainly don't come by the industry in the more
Speaker:sort of natural progression,
Speaker:but I've always loved jewelry.
Speaker:So he's been just something that I felt really passionate about.
Speaker:And I have two older brothers and I've helped them buy
Speaker:gifts for their girlfriends for truly as long as I can
Speaker:remember. And I remember with my eldest brother,
Speaker:he was very hesitant to buy a pair of earrings because
Speaker:he'd gotten a piece of jewelry before and she didn't quite
Speaker:like it and she returned it.
Speaker:And I really felt like with jewelry where it's so personal
Speaker:and you just really want to feel like you're going to
Speaker:get it right,
Speaker:and you're going to nail it.
Speaker:If you could help someone and make them feel like they
Speaker:couldn't get it wrong,
Speaker:that more people would take the leap and invest in a
Speaker:great piece of jewelry.
Speaker:So very much inspired by my older brothers and the other
Speaker:people in my life.
Speaker:But I felt like there was a better way to buy
Speaker:jewelry, which can often be confusing and opaque and intimidating.
Speaker:Yeah. Well,
Speaker:shout out to your older brothers for sure.
Speaker:And I bet it was such a sigh of relief for
Speaker:them to get help from you too,
Speaker:just from a woman's perspective or young girl's perspective,
Speaker:maybe I would say at that point.
Speaker:Yes, absolutely.
Speaker:And it's a really bonding experience.
Speaker:I think what I do is very personal,
Speaker:the recommendations I curated they're not generated by an algorithm.
Speaker:And so whether it's my brother or someone I've just met
Speaker:in the client seat,
Speaker:it's always going to be sort of a really personal experience.
Speaker:Yeah. I never really thought about it before,
Speaker:but specifically for the occasions that you're helping source products for
Speaker:munies are significant events.
Speaker:Even if it's a birthday of,
Speaker:with someone you're dating,
Speaker:it's not like the big decade board birthday or an anniversary
Speaker:or engagement ring or anything like that.
Speaker:But any type of jewelry like that,
Speaker:there's a motion on both sides.
Speaker:Like you're saying the person who's giving it is putting a
Speaker:lot of thought into it.
Speaker:And then what if it's not received well Completely.
Speaker:I think you're exactly right.
Speaker:Oftentimes when you buy someone a piece of jewelry,
Speaker:you can feel quite vulnerable.
Speaker:The stakes feel a little bit higher because you've put some
Speaker:of yourself into the process as well.
Speaker:And so far and away.
Speaker:One of the things I hear all the time,
Speaker:particularly from my male clients though,
Speaker:from everyone is the last time I did jewelry.
Speaker:We struck out,
Speaker:or I haven't bought her a piece of jewelry since an
Speaker:engagement ring many,
Speaker:many years ago.
Speaker:And so I think what people are in some ways really
Speaker:buying from me is peace of mind and confidence that no
Speaker:matter what,
Speaker:this was the right piece for the right person.
Speaker:Yeah. Because it feels like such reflection on you.
Speaker:Absolutely. Yeah.
Speaker:And then the recipient also,
Speaker:like what if they were given something that they knew put
Speaker:so much thought in and they don't like it,
Speaker:then what do you do?
Speaker:So it's that issue on both sides,
Speaker:right? It's a whole,
Speaker:very emotional transaction all the way around,
Speaker:but also a moment of celebration or at the same time
Speaker:Completely. And as the recipient,
Speaker:if it's not to your taste,
Speaker:you don't want to hurt the other person's feelings.
Speaker:Or as many of my clients will say,
Speaker:they don't want to discourage for future jewelry purchases.
Speaker:So you feel like you kind of have to play your
Speaker:cards right.
Speaker:And not give away too much.
Speaker:So to your exact point,
Speaker:there's lots of feelings on both sides of the equation,
Speaker:but when you do get it right,
Speaker:and someone opens a great piece of jewelry and it feels
Speaker:like a reflection of the things that they liked the best
Speaker:about themselves,
Speaker:it really is a little bit of magic.
Speaker:Yes, for sure.
Speaker:So I want to talk about your business development and all
Speaker:of that in a second,
Speaker:but I do have a question here that is completely a
Speaker:hundred percent self-serving for our listeners.
Speaker:I'm just going to admit that right now,
Speaker:the idea just occurred to me that we need to be
Speaker:sharing with friends or especially our partners,
Speaker:things that we like.
Speaker:And also things that we don't like.
Speaker:So we're placing information on the jewelry end of course,
Speaker:is what I'm talking about,
Speaker:applies to everything,
Speaker:but on the jewelry end so that they even know the
Speaker:direction to take.
Speaker:Yes, absolutely.
Speaker:I think some people there's sort of a scale of how
Speaker:prescriptive some people are going to be on one end of
Speaker:the scale is sending a link to the exact skew that
Speaker:you're looking for,
Speaker:including that'll color size,
Speaker:everything else.
Speaker:And then on the other end of the spectrum is,
Speaker:you know,
Speaker:me go nuts.
Speaker:And I think somewhere in the middle is a little bit
Speaker:of direction,
Speaker:which might even be more of like a category,
Speaker:which is,
Speaker:I really want an everyday necklace or I want a wedding
Speaker:band that can stack with my other wedding bands to celebrate
Speaker:the birth of a new baby.
Speaker:So to the extent the person shopping can have a little
Speaker:bit of an instinct or a nudge in the right direction.
Speaker:That usually is just a way to set up everyone for
Speaker:success. Yeah.
Speaker:So I'm just thinking to myself,
Speaker:like put out the ideas and the thoughts.
Speaker:You don't have to say specifically what,
Speaker:but sometimes gentlemen,
Speaker:don't observe what you're wearing.
Speaker:You know,
Speaker:like I'm a silver girl right now.
Speaker:So rose gold doesn't really work for me.
Speaker:And I know rose gold is in right now.
Speaker:It just doesn't look good on my skin.
Speaker:I don't think so.
Speaker:If someone bought me the most beautiful rose gold piece,
Speaker:I'm probably not going to wear it.
Speaker:It's interesting.
Speaker:You say that for my clients,
Speaker:particularly if they don't know where to start,
Speaker:I always ask them to email or text me a picture
Speaker:of the person we're shopping for dress very casually.
Speaker:And then a person have them dressed up to go to
Speaker:a wedding or more of a special event.
Speaker:And that's really where I'm zooming in quite a bit to
Speaker:see the metal collar that they're wearing and getting just a
Speaker:better fuller picture of their overall style and energy.
Speaker:But having some sort of visual references is really a huge
Speaker:part of me being able to curate recommendations that feel really
Speaker:spot on and personal because to your point,
Speaker:depending on the person's interests,
Speaker:they may really not only not have the vocabulary for what
Speaker:they're looking for in a piece of jewelry,
Speaker:but they may not really even have an inkling.
Speaker:So pictures and visual references are also sort of a major
Speaker:key to success.
Speaker:So smart.
Speaker:Well, this is why you're the concierge,
Speaker:you know,
Speaker:so take us back.
Speaker:Your two were asking for your help,
Speaker:little, did you know that these would be services you'd offer
Speaker:in the future,
Speaker:but how did this progress into what you're doing today?
Speaker:So at the time I lived in Manhattan in New York
Speaker:city and I started traveling to the diamond district in Midtown
Speaker:on 47th street and introducing myself to people.
Speaker:The jewelry industry is notoriously a fairly insular and wary of
Speaker:newcomers. And by and large,
Speaker:the people you meet in the diamond district are typically third
Speaker:or fourth generation in the jewelry business.
Speaker:So the most challenging part of getting started was building the
Speaker:relationships on the supply side and establishing any sort of credibility
Speaker:for myself because I did have this more business background and
Speaker:I certainly didn't go to Jamalski school and just have from
Speaker:a jewelry perspective and completely self-taught.
Speaker:So I really felt,
Speaker:you know,
Speaker:if I've been in business almost five years now,
Speaker:the first years were really,
Speaker:really laser focused on building up my relationships and just sort
Speaker:of establishing that credibility with people.
Speaker:Did you already have the vision though of the business that
Speaker:you were looking to create before you started going after the
Speaker:relationships? You know,
Speaker:I did have this kernel of an idea,
Speaker:which was,
Speaker:if you could create these really personalized,
Speaker:curated recommendations for people to choose from within their budget,
Speaker:that could be a better,
Speaker:more interesting way to shop for jewelry.
Speaker:And surprisingly,
Speaker:the vision hasn't changed that much.
Speaker:I still deliver recommendations and a PDF kind of format for
Speaker:my sourcing projects.
Speaker:The custom side of the business is a little bit different,
Speaker:but in terms of curating and sourcing great gifts,
Speaker:the vision has really remained oddly steady.
Speaker:So when I would help my brothers with their gifts,
Speaker:I would send them three links to things.
Speaker:So its own sort of mini version of that curation process.
Speaker:But I liked the idea of the client being the one
Speaker:to make the final decision.
Speaker:That's very,
Speaker:very important.
Speaker:And every project that I do,
Speaker:I can narrow the universe of options down to three or
Speaker:four, but they really needed to own that final decision.
Speaker:And it was sort of like lightening,
Speaker:just the thought that if you could narrow it down for
Speaker:people, that's the place to start.
Speaker:Yeah. And you're right.
Speaker:I mean,
Speaker:that gives them ownership and the pride of actually making the
Speaker:selection, even though they had a lot of guidance.
Speaker:So I see the way that makes sense.
Speaker:So I want to go back though to the creation of
Speaker:the business a little bit more,
Speaker:because this is so interesting to me.
Speaker:All right.
Speaker:So the first thing,
Speaker:so you had a vision and then you started making contacts
Speaker:because of the industry.
Speaker:So which I guess you would need the context anyway,
Speaker:if you're going to be asking them and talking with them
Speaker:and looking at the pieces that are available,
Speaker:you know,
Speaker:all the different options you've got to have the connections you
Speaker:can't start from cold relationships for the most part.
Speaker:Right? Absolutely.
Speaker:I want to be able to offer people options that they
Speaker:wouldn't be able to find on their own necessarily.
Speaker:And so for me,
Speaker:that meant sort of building my own relationships on the supply
Speaker:side when I'm sourcing or looking for a great piece of
Speaker:jewelry for someone,
Speaker:I definitely look at what's on the internet and look through
Speaker:all of that,
Speaker:but I really felt like it was important to have a
Speaker:baseline of my own relationships and designers,
Speaker:and really just sort of introduce myself to some key people.
Speaker:So when you're building those relationships,
Speaker:it's a little bit of a chicken before the egg kind
Speaker:of situation where oftentimes you're building the relationship before you have
Speaker:a client who wants to buy one of their pieces.
Speaker:And so sort of in those early days,
Speaker:there were times when I would buy a piece of jewelry
Speaker:without a client lined up just quite yet,
Speaker:just to really open the lines of communication and sort of
Speaker:establish myself as a legitimate buyer.
Speaker:So I proudly now say that I don't hold any inventory
Speaker:that everything we source or make is completely customized and sourced
Speaker:or made for you from the early days.
Speaker:There are definitely some instances of me buying a piece of
Speaker:jewelry without a client attached already just to build that relationship.
Speaker:Yeah. That makes sense.
Speaker:Because then you're credible.
Speaker:You're not wasting their time in their eyes.
Speaker:Absolutely. It was really like a respect thing.
Speaker:Sometimes they were pricey pieces.
Speaker:Sometimes they were really basic pieces,
Speaker:but just to start transacting to have the flow of little
Speaker:bit of money,
Speaker:I think was very,
Speaker:very legitimizing because particularly very talented designers,
Speaker:they get hit up all the time with questions and inquiries.
Speaker:And I think just being able to establish yourself as someone
Speaker:who does what she says she's going to do was like
Speaker:one of the great kind of key learnings from those early
Speaker:days as sometimes you just have to buy a piece to
Speaker:kind of break the ice.
Speaker:Yes, love it.
Speaker:Okay. And so then how did you start forming the company
Speaker:and getting your first customers,
Speaker:The business even to this day,
Speaker:which is so dependent on referrals.
Speaker:I really started with friends and family.
Speaker:My very first engagement ring was my cousin,
Speaker:Matt, who I will eternally be grateful to.
Speaker:And I can't tell you how much I learned from that
Speaker:first customer engagement ring.
Speaker:I met a whole new diamond wholesaler.
Speaker:I needed a bench jeweler and a setter to be able
Speaker:to set the diamond.
Speaker:So from that perspective,
Speaker:very much learning on the job as we went.
Speaker:So starting with friends and family and particularly with the earliest
Speaker:clients, like really over-delivering.
Speaker:I like to say that I like to make a thousand
Speaker:dollars look like $5,000.
Speaker:If you've got a $5,000
Speaker:budget, I want it to look like $15,000.
Speaker:So, because I don't hold inventory and I have a small
Speaker:team, I could also apply,
Speaker:I didn't need to do like a full wholesale markup on
Speaker:lot of pieces.
Speaker:So I just wanted to provide as much value as possible
Speaker:to my friends and family and make sure that they ended
Speaker:up with like a really wow experience.
Speaker:And so,
Speaker:you know,
Speaker:what I sell is typically expensive and they're for milestone occasions,
Speaker:as we were saying before.
Speaker:So there's that kind of high degree of trust that's required.
Speaker:And so referrals and just word of mouth is really the
Speaker:backbone of the business.
Speaker:Okay. So with Matt,
Speaker:did you create the systems as you worked through that first
Speaker:job? Like what types of questions that you needed to ask
Speaker:him the back and forth and however your process works?
Speaker:Did you create it first and test it with Matt or
Speaker:did you create it on the fly with Matt?
Speaker:Probably for that first one,
Speaker:I was creating it on the fly.
Speaker:The process has absolutely become refined with time,
Speaker:dozens and dozens of rings later.
Speaker:But as I look back to that first experience,
Speaker:a couple of the core steps are much there,
Speaker:which was a consultation to begin with,
Speaker:which is to establish what your budget is.
Speaker:And from a style perspective,
Speaker:what you're looking to achieve.
Speaker:And particularly if we're doing a white diamond,
Speaker:what shape stone,
Speaker:and then would that information,
Speaker:I contact the diamond wholesaler and we carried anywhere between five
Speaker:to six diamonds within your budget for you to choose from
Speaker:based on all the things that you've told me about,
Speaker:what's important to you.
Speaker:And then in the appointment,
Speaker:we look at all the diamonds individually and I kind of
Speaker:help guide you to the best one for you.
Speaker:And then after you select the diamond,
Speaker:we have the custom create the ring setting.
Speaker:And that's where really where even as I think back to
Speaker:that first experience,
Speaker:that's really where I sort of jump in and provide a
Speaker:lot of value.
Speaker:I like to say I'm always bothering my centers with,
Speaker:I don't like the prongs on that one.
Speaker:Or we said 1.9
Speaker:millimeter band,
Speaker:not 1.7.
Speaker:So that's where I think a lot of the details really
Speaker:come together and then the custom ring is ready for pickup
Speaker:or shipping.
Speaker:So the overall steps,
Speaker:the process hasn't changed much,
Speaker:but to your point,
Speaker:I'm much sharper in the consultation to make sure I understand
Speaker:exactly what you're looking for.
Speaker:And I've just seen so many different permutations and different options
Speaker:from a design perspective.
Speaker:I can be really helpful as well.
Speaker:Yeah. I mean,
Speaker:as I'm listening to you,
Speaker:describe your whole process.
Speaker:It reminds me of kind of,
Speaker:when you build a house,
Speaker:there's a huge investment financially and emotionally into what you're providing,
Speaker:but there's lots of different things that go along the way
Speaker:to your point about choosing the diamond than looking at the
Speaker:setting. And then ensuring that what you were asking for is
Speaker:actually what is being produced.
Speaker:And that's a huge part.
Speaker:I think,
Speaker:of the services that you offer because a lot of us
Speaker:wouldn't know.
Speaker:Absolutely. And it's such a great sort of comparison because for
Speaker:many of my clients on the engagement ring size,
Speaker:if they are renting or if they don't own a home,
Speaker:this might be the biggest purchase they've made to date.
Speaker:So when we talk about that sort of level of trust,
Speaker:that's required,
Speaker:I take that really seriously.
Speaker:And to me what's most exciting is when I have a
Speaker:client who initial consultation is assuring me,
Speaker:he knows nothing about diamonds and doesn't know what he's doing
Speaker:by the time we're down to one or two stones in
Speaker:the appointment,
Speaker:he's saying,
Speaker:well, is this the VAs two or the VAs one clarity,
Speaker:do you think we should be looking at this in natural
Speaker:light? And so the education process is really,
Speaker:really fun for me.
Speaker:And, you know,
Speaker:as I said,
Speaker:I ultimately feel like my job is to make you confident
Speaker:and feel a lot of confidence in what you're purchasing.
Speaker:So a lot of trust involved That's perfect description because one
Speaker:of the things I was going to ask you is how
Speaker:educated do they need to be coming to you?
Speaker:Like, do you give them reading materials or something before they
Speaker:comment? It sounds like you educate them along the way.
Speaker:I have a diamonds 1 0 1 that I like to
Speaker:send you right after the consultation,
Speaker:just to give you just a little bit of vocabulary around
Speaker:the four CS and some of the sort of major topics
Speaker:people think about with diamonds,
Speaker:but I've learned with time to really tailor the amount of
Speaker:education based on the client's personality and sort of appetite for
Speaker:that education.
Speaker:Some of my more analytically minded clients where want to learn
Speaker:about the different kind of levers you can pull when it
Speaker:comes to a Diamond's quality and size and everything else.
Speaker:And then I have other clients who are a little bit
Speaker:more intuitive or like a little bit more emotional about it,
Speaker:but they want to see something person and they want it
Speaker:to speak to them in some way.
Speaker:I mean,
Speaker:typically there's some balance of understanding the jargon and the lingo,
Speaker:but also understanding that a diamond is really an optical illusion.
Speaker:And so it has to be the one that jumps out
Speaker:to you the most.
Speaker:Yeah. I'm just thinking of all the different types of personalities
Speaker:that you probably deal with.
Speaker:Some people probably are either too busy or it seems too
Speaker:much. They don't even really necessarily want to know.
Speaker:They just want you to direct them because they trust you
Speaker:into whatever they need.
Speaker:And if you were to force feed it,
Speaker:that would not be a good relationship for either of you.
Speaker:Absolutely. My job is to make the process low stress.
Speaker:And if it can refund because the ideas from start to
Speaker:finish, you feel like you're being taken care of and like,
Speaker:you can't go wrong.
Speaker:And so I do say by the time we get in
Speaker:the room at the diamond wholesalers office,
Speaker:whether that's over zoom and I'm there in person,
Speaker:or if you've joined me in the office in New York
Speaker:as well,
Speaker:the stones have been so highly considered.
Speaker:And so highly curated that if you're looking at five or
Speaker:six, each of the stones are on the table for a
Speaker:reason. And there really is no bad decision.
Speaker:So everything is so highly curated by the time you're making
Speaker:a decision that hopefully that really sort of high stakes pressure
Speaker:is off.
Speaker:And you can really just sort of be in the moment.
Speaker:And as I said,
Speaker:ultimately, select the one that,
Speaker:that really speaks to you.
Speaker:I'm already feeling like super comfortable with you picking out my
Speaker:diamond. I mean,
Speaker:honestly, you just have this way about you.
Speaker:And I heard it even in the pre chat when we
Speaker:were talking before we actually pressed record here,
Speaker:very professional and buttoned down and intuitive,
Speaker:I think would be the word,
Speaker:where did that come from?
Speaker:Or is that just natural for you cat?
Speaker:Well, thank you that it truly,
Speaker:to me is the highest compliment.
Speaker:I think listening is such an underrated and such a huge
Speaker:part of my job.
Speaker:And I'm so happy that it seems to come through,
Speaker:but I'm sincerely so deeply invested in the outcome of every
Speaker:single project.
Speaker:And I think when you really do care,
Speaker:people pick up on that.
Speaker:But what I have to say is so exciting about my
Speaker:business, as much as I went to great lengths to tell
Speaker:you how I come from management consulting,
Speaker:I didn't have sort of a natural path into jewelry.
Speaker:I do at the end of the day,
Speaker:feel as though I have a unique gift and a unique
Speaker:skillset in terms of being able to get to the heart
Speaker:of the matter with limited information and find things that are
Speaker:uniquely personal.
Speaker:And so even when things get frustrating,
Speaker:or if I'm having difficulty reading a client,
Speaker:I'm always able to fall back on this idea that I'm
Speaker:doing something I'm uniquely good at.
Speaker:And that gives me a lot of confidence,
Speaker:I think.
Speaker:Sure. Okay.
Speaker:So I want to ask you a couple of questions that
Speaker:might be a little more challenging for you.
Speaker:Kat, I don't know.
Speaker:You promise you'll answer truthfully promise.
Speaker:Okay. Very good.
Speaker:Okay. Your business is mostly service.
Speaker:Yes. You're providing a product,
Speaker:but it's the service that you offer that leads to the
Speaker:product. Of course.
Speaker:How did you consider what your pricing packages would look like
Speaker:given this makeup?
Speaker:You know,
Speaker:that sort of central tension there,
Speaker:which is I sell a product,
Speaker:which is a piece of jewelry,
Speaker:but what you really buy and service is really interesting.
Speaker:And, and like,
Speaker:that's kind of always there for me.
Speaker:It took me about a year to realize that actually what
Speaker:I'm providing is a service and not just a product.
Speaker:So I really do set up this funny intersection of private
Speaker:jeweler and personal shopper.
Speaker:But to your point,
Speaker:I now identify primarily as a service provider because I think
Speaker:that's really why you come to me and what you're really
Speaker:buying. I have found that with my clients on the sourcing
Speaker:side, transparency is really important.
Speaker:I want to be able to tell you about the designer.
Speaker:I want to be able to share all the information I
Speaker:have without feeling as though you'll just cut around me and
Speaker:just buy it directly from them.
Speaker:So I'm very transparent with my upfront consulting fee.
Speaker:So from the sourcing side,
Speaker:I charge just a flat binding fee and take a deposit
Speaker:upfront. And on the custom side,
Speaker:I charge a consulting fee for my time.
Speaker:The pricing is something that I think to be honest,
Speaker:I'm testing and refining all the time.
Speaker:But I have found to the extent that you can be
Speaker:really transparent with people,
Speaker:it's very important because part of the challenge of fine jewelry
Speaker:and selling jewelry is people really have their guard up.
Speaker:And I think the more traditional ways of buying jewelry are
Speaker:confusing on purpose.
Speaker:And so people come to me because they trust me.
Speaker:And the transparency part is really important.
Speaker:Yeah. They trust you.
Speaker:You have the connections as you were referencing earlier,
Speaker:you have access to pieces that they wouldn't be able to
Speaker:source anyway.
Speaker:But I think you're really smart in what you're talking about
Speaker:here, where you have a sourcing fee already established and you're
Speaker:collecting money upfront,
Speaker:maybe not all of it right away,
Speaker:but you're collecting it upfront so that they don't go around
Speaker:you. Cause that would be a concern for sure.
Speaker:Absolutely. The deposit has become incredibly important.
Speaker:I think early on when I was just so excited to
Speaker:take on any client,
Speaker:I would immediately get started on the recommendations,
Speaker:send them over quickly as possible.
Speaker:And at that point I could be,
Speaker:you know,
Speaker:I take the sourcing very,
Speaker:very seriously.
Speaker:So sourcing curating three or four recommendations can take anywhere from
Speaker:an hour to 10 hours,
Speaker:depending on if I'm physically going in person and how much
Speaker:research I need to do.
Speaker:So there were times where I was 6,
Speaker:7, 8 hours into a project.
Speaker:I send them these incredibly spot on thoughtfully selected recommendations.
Speaker:They take a look at them and they say,
Speaker:oh my gosh,
Speaker:this is amazing.
Speaker:How did you know that?
Speaker:You'd love this,
Speaker:I'll come back to you at Christmas.
Speaker:And so I think just the deposit has been so important
Speaker:to establish on both sides that like we're both committed to
Speaker:the purchase and to the project.
Speaker:That was a quick lesson I learned very early on,
Speaker:which was my clients who serious and they want to transact
Speaker:and they really value the service I provide.
Speaker:Not only are they okay with the deposit,
Speaker:but they're reminding me to send them the invoice.
Speaker:It's my clients who are dragging their heels and not quite
Speaker:sure if they're ready to put down a deposit that ultimately
Speaker:tends not to work out as well.
Speaker:And so what is the conversation with somebody where you're talking
Speaker:about your services and they aren't a client yet?
Speaker:So you're talking about the fees and all of that.
Speaker:What is it that you share with them that your providing
Speaker:to them in exchange for those fees?
Speaker:How does that conversation go?
Speaker:I know this is an answer you can't wait to hear
Speaker:and we'll get to it right after a short break to
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Speaker:Absolutely. So that would be in that sort of upfront consultation
Speaker:that I was describing.
Speaker:And so we're,
Speaker:we're having that consultation.
Speaker:That's where I'm asking what it is you're looking for,
Speaker:who we're shopping for,
Speaker:what budget you're comfortable with.
Speaker:Do you have any ideas or visual references you can share?
Speaker:And then I take you through my services that I provide
Speaker:in my process and what you can expect to receive,
Speaker:and then let them know that before now that I've got
Speaker:my marching orders,
Speaker:before I go out and curate those recommendations,
Speaker:I take a deposit,
Speaker:which is the equivalent of 30% of the total budget that
Speaker:we're working with that deposit as applied towards your final purchase.
Speaker:But it's something that I take upfront before I started the
Speaker:curation process.
Speaker:And so the 30% deposit includes the cost of the piece
Speaker:as well as your service time,
Speaker:I guess I'd say Exactly.
Speaker:So a small part of that is my sort of upfront
Speaker:consulting fee and the rest of that will be applied towards
Speaker:your purchase.
Speaker:Okay. That makes total sense.
Speaker:Do you ever turn someone down in terms of accepting the
Speaker:business? That is something that I've only started to do really
Speaker:in the last 18 months because I've gotten busier and what
Speaker:I do take so much time that I can only work
Speaker:with a limited number of clients at a certain time.
Speaker:So I've raised my buying minimum,
Speaker:which was scary at first,
Speaker:but I think ultimately really necessary for the growth of the
Speaker:business. So from a budget perspective,
Speaker:I do have a buying minimum.
Speaker:So if we're not aligned there,
Speaker:I'll be very forthcoming that I might not be the right
Speaker:solution for this particular milestone occasion.
Speaker:And I always like to direct people to that point,
Speaker:if I have a pretty good idea of what you're looking
Speaker:for, I may suggest you check out a few websites or
Speaker:send you a few designers,
Speaker:and I think you should check out,
Speaker:but it won't be a fit for us to go through
Speaker:the whole process together.
Speaker:And then in terms like stylistically,
Speaker:I try and remain fairly what I like to say,
Speaker:like as style agnostic,
Speaker:because I really do feel like I can source or help
Speaker:you make just about anything.
Speaker:My personal aesthetic is a little bit more kind of classic
Speaker:and understated,
Speaker:but I source pieces of all different styles.
Speaker:So it's more rare that I'll turn down business based on
Speaker:style, but I would say budget absolutely comes into play.
Speaker:And then also with experience,
Speaker:I've learned when a client's expectations and their budget aren't aligned.
Speaker:That becomes an opportunity for me to either coach them on
Speaker:a more realistic budget or let them know that it might
Speaker:not be a fit to work together because I only want
Speaker:to set both of us up for the best possible outcome.
Speaker:And so if what you're describing to me is a $10,000
Speaker:piece, but you want to spend $1,500
Speaker:then I don't think ultimately I'll be able to execute on
Speaker:that vision.
Speaker:Right. But I love the fact that you still give them
Speaker:something. So they end up leaving.
Speaker:Like they're being serviced.
Speaker:Let's say you're not going to be able to work together,
Speaker:but you're able to direct them into,
Speaker:like you were saying,
Speaker:a website or someplace where they can find the solution because
Speaker:all of these people are going to continue on with their
Speaker:life and might have other really important occasions where they will
Speaker:be able to spend more down the road,
Speaker:even though it's not for now,
Speaker:it could be for the future.
Speaker:Absolutely. That's something particularly going into 20,
Speaker:22, as I was thinking about my business goals and resolutions
Speaker:and everything else,
Speaker:this idea of almost like radical generosity is something that's just
Speaker:been. So top of mind,
Speaker:for me more recently,
Speaker:I want to be as helpful as I possibly can and
Speaker:kind of approach everything with like an abundance mindset.
Speaker:I think before,
Speaker:as I said,
Speaker:I did have a little bit of fear around people go
Speaker:around me or they'll buy the jewelry a different way.
Speaker:But I do feel as though if it's not the right
Speaker:fit, I want to be as helpful as I possibly can.
Speaker:And those people actually end up becoming very loyal and oftentimes
Speaker:will refer me to other people just because nobody has a
Speaker:sour taste in their mouth and they feel like ultimately I've
Speaker:also got their best interests in mind.
Speaker:So even if they didn't purchase,
Speaker:they refer you.
Speaker:Yeah. Those referrals are very meaningful and very,
Speaker:very cool for me because just a way to really keep
Speaker:the relationship open,
Speaker:demonstrate my expertise and kind of keep good feelings all around.
Speaker:So as the business has grown and I've been able to
Speaker:let go of the idea of like making every single sale,
Speaker:I think I've been able to be so much more generous
Speaker:with my expertise and knowledge.
Speaker:And that's been really fun to be honest.
Speaker:Yeah. Take us back to when you first realized you needed
Speaker:to set bine minimums and how you thought through it and
Speaker:how you then started incorporating it in when clients would come
Speaker:to you.
Speaker:Yes, absolutely.
Speaker:So when I first started,
Speaker:I knew that I wanted to stay within the fine jewelry
Speaker:space. And so everything's either 14 or 18 karat gold versus
Speaker:gold plated over a meal.
Speaker:And so when I first started,
Speaker:my buying minimums were loosely around $500 and you can absolutely
Speaker:find something sort of dainty that is real gold at that
Speaker:price point.
Speaker:But it's quite difficult.
Speaker:I mentioned before that a project can take anywhere between one
Speaker:to 10 hours.
Speaker:And so if you think about sort of the back of
Speaker:the envelope,
Speaker:math on a $500 necklace,
Speaker:I can maybe buy it for call it $225 or $250.
Speaker:And then for me to spend seven hours sourcing something,
Speaker:to be able to buy it for $250,
Speaker:by the time I FedEx today,
Speaker:ship it,
Speaker:sometimes it would feel like I owe you money at the
Speaker:end of it.
Speaker:And so to be honest,
Speaker:because what I do take so much time,
Speaker:the minimum and just the opportunity to make a little bit
Speaker:of money needed to be a little bit higher.
Speaker:And then I felt more confident raising my buying minimum last
Speaker:year when I got busy and I realized I could only
Speaker:take on a certain number of clients per month,
Speaker:it's been kind of fun and validating and at times scary
Speaker:to raise the minimum,
Speaker:But you did it.
Speaker:Yes. How did that feel when you first presented your new
Speaker:minimums? I would really kind of test things out in consultations.
Speaker:So someone would say I'm looking for such and such,
Speaker:and I want to spend no more than $700.
Speaker:And I think I would come back and say,
Speaker:I so appreciate that we got to speak today.
Speaker:Currently my buying minimums are $1,500
Speaker:and above because I focus on major milestone gifts and I
Speaker:want to make sure that you get the best experience possible.
Speaker:So having those more difficult conversations has gotten easier with time,
Speaker:but I never want to disappoint anyone.
Speaker:And I always want to be helpful.
Speaker:So between you and me and whoever's listening,
Speaker:those conversations are still a little challenging,
Speaker:but I think I've gotten a little better with it.
Speaker:Well, and probably the more evidence you see with people actually
Speaker:using your services just reinforces it on and on.
Speaker:So you get more confident over time.
Speaker:The other thing that I heard you saying is currently my
Speaker:bind minimum is so that leaves room for adjustments on your
Speaker:end, but also the potential,
Speaker:like what that said to me,
Speaker:when you said that is I'm so busy,
Speaker:they may increase even more.
Speaker:No, That's the hope.
Speaker:So get it for a deal now with what I'm suggesting,
Speaker:because you never know when it's going to change,
Speaker:let's talk about a challenging interaction that you had and how
Speaker:you managed through that.
Speaker:I have obviously no names,
Speaker:but can you think back to one of your more difficult
Speaker:interactions and what was happening in how you worked through it?
Speaker:Yeah, absolutely.
Speaker:And as I kind of reflect on this one,
Speaker:I think the big learning there was in the consultation process,
Speaker:figuring out if I'm a fit for them.
Speaker:And if they're a fit for me,
Speaker:I had some sort of instinct in the consultation that it
Speaker:may not be the best experience,
Speaker:but I went ahead with it because I wanted to take
Speaker:on the client and,
Speaker:and take on the new challenge.
Speaker:So from an instincts perspective,
Speaker:I think sharpening those instincts and listening to those instincts as
Speaker:become important with time.
Speaker:But in this instance,
Speaker:the client I'm thinking of,
Speaker:she had a very specific idea in mind for a diamond
Speaker:pendant and she sent me three specific pictures of another designers
Speaker:piece. I did not have a wholesale relationship with this designer.
Speaker:So if we were to buy something like that,
Speaker:we would either have it custom made or work with someone
Speaker:else. And I put together the first round of recommendations.
Speaker:She liked everything,
Speaker:but it wasn't again,
Speaker:exactly, exactly what she was looking for.
Speaker:We went through another round of recommendations and I realized based
Speaker:on her feedback from ground two,
Speaker:that really what she was looking for was to purely price
Speaker:compare and price shop.
Speaker:And there's absolutely nothing wrong with doing that,
Speaker:but I provide a concierge service and part of what you're
Speaker:buying is my curation and my taste and my expertise.
Speaker:And ultimately she just wanted to be able to buy this
Speaker:exact thing for as inexpensive as possible versus really kind of
Speaker:collaborate and work towards finding something really beautiful and special that
Speaker:aligns with her style.
Speaker:And so it was challenging because I think I put a
Speaker:lot of heart and soul into the recommendations and I think
Speaker:it was probably frustrating for her because she was looking for
Speaker:a different exercise.
Speaker:She was looking purely to price compare.
Speaker:And I think that was just a really powerful lesson of
Speaker:having the confidence to know that what I do is not
Speaker:for everyone by definition.
Speaker:And it shouldn't be for everyone,
Speaker:not because it's an elitist thing,
Speaker:but because you have to be looking for a certain service
Speaker:or looking for a certain experience for it to really kind
Speaker:of resonate.
Speaker:Yeah. So really important concept and having what you provide,
Speaker:align with what your customer truly wants.
Speaker:Yes, exactly.
Speaker:And of course I mentioned before,
Speaker:I'm transparent about my buying fee and consulting fee.
Speaker:And so she was trying to negotiate all of that down
Speaker:to fit into some budget that she had in mind.
Speaker:I would say another kind of red flag or indication that
Speaker:it's going to be a more challenging interaction is when people
Speaker:are very bashful about sharing their budget.
Speaker:It's typically because they bought jewelry in the past and feel
Speaker:like they were really up-sold or I think there's a little
Speaker:bit of guardedness around sharing where they really truly are and
Speaker:want to be.
Speaker:And ironically,
Speaker:it makes my job so much harder.
Speaker:And oftentimes when clients aren't transparent about their budget,
Speaker:they end up spending more because when you are transparent about
Speaker:what your max number is,
Speaker:oftentimes me and the jeweler will work really hard and sometimes
Speaker:take even a smaller margin to make it fit into that
Speaker:budget. But when you're guessing,
Speaker:and you don't really know where you stand,
Speaker:that's when I think people aren't able to kind of bring
Speaker:their, put their best foot forward.
Speaker:Yeah. It makes total sense to me.
Speaker:So what other things have you learned in dealing?
Speaker:I'm sure you'll agree.
Speaker:I mean,
Speaker:all of your customers are more upscale clients because your product
Speaker:costs more,
Speaker:you're getting a better result,
Speaker:all of that.
Speaker:Are there any tips or things that you've learned along the
Speaker:way being more service-based and in an upscale industry?
Speaker:Yes, absolutely.
Speaker:I think in the beginning I wanted to talk quite a
Speaker:bit about how jewelry is notoriously confusing and it's confusing,
Speaker:why something costs one thing on one website and something that
Speaker:seems the exact same cost,
Speaker:something so much different on another website.
Speaker:And a lot of the language content I was creating or
Speaker:was around value and savings,
Speaker:which can be really important.
Speaker:And education is a huge part of what I do.
Speaker:But when I really embraced and realized that what I do
Speaker:is provide a upscale service.
Speaker:I realized that in some respects I was cheapening the experience
Speaker:for people by making it too much about,
Speaker:but trust me,
Speaker:you're getting a great deal.
Speaker:There are times when people want to get the best deal
Speaker:possible. And then there are other times when people want to
Speaker:feel like they're staying at a luxury hotel and the room
Speaker:service bill comes and it is what it is.
Speaker:And so I realized I was in some interactions doing my
Speaker:clients a disservice by making the conversation so value based when
Speaker:they wanted to have a luxury experience.
Speaker:Oh, love that.
Speaker:Yes. And luxury experience.
Speaker:I love those words too.
Speaker:Totally aligns with the feel that you are projecting right now,
Speaker:cat to Again,
Speaker:I, and I always want someone to get a great deal,
Speaker:but I realized I was honestly,
Speaker:I was detracting from the experience by positioning it that way
Speaker:and also kind of selling the service that I provide short.
Speaker:So the pitch is no longer,
Speaker:you'll get the best piece of jewelry at the best price,
Speaker:because sometimes that's true.
Speaker:And that's certainly what I hope for,
Speaker:but the experience is ultimately about something so much more.
Speaker:Absolutely. And you know,
Speaker:and there are going to be customers who are looking for
Speaker:the best deal and that is not a fit.
Speaker:You know,
Speaker:it depends on the type of piece too.
Speaker:So something like diamond studs where you're sourcing two stones and
Speaker:then having them set in a setting for all parties,
Speaker:that can be a great experience for everyone where it is
Speaker:a more value based conversation because there is a market for
Speaker:diamonds. We can find ones that I think are particularly well-priced
Speaker:or below market,
Speaker:and really think of it that way for something more like
Speaker:a necklace or something with a little bit more of a
Speaker:design focus,
Speaker:it becomes so much harder to compare apples to apples in
Speaker:that way,
Speaker:because there's so many different components that go into how a
Speaker:piece of jewelry is priced.
Speaker:It makes sense to me.
Speaker:All right.
Speaker:I want to shift the conversation for our final topic here
Speaker:in a totally different direction where we've been before,
Speaker:and that is social media or any other type of marketing.
Speaker:Now I know you said that most of your businesses coming
Speaker:from referrals,
Speaker:but are you using anything else to attract and gain visibility?
Speaker:Absolutely. I would say that Instagram even more so than my
Speaker:website is really my front door and my portfolio.
Speaker:So that's the platform that I focus the most on.
Speaker:It's an incredibly visual medium,
Speaker:as you know,
Speaker:so jewelry performs very,
Speaker:very well.
Speaker:And there are a ton of jewelry brands on Instagram.
Speaker:So the challenge there is really creating interesting content that isn't
Speaker:what everyone else is doing or trying to imitate anybody else,
Speaker:but sort of finding a way to create content that feels
Speaker:kind of unique to me and best and what it is
Speaker:that I do.
Speaker:So long-winded way of saying that Instagram is very,
Speaker:very important for the business and probably after sourcing and actually
Speaker:client work.
Speaker:Instagram is the thing that I'm probably thinking the most about.
Speaker:And so how are you attracting people over to the account
Speaker:so they can see what you're posting?
Speaker:Yes. So I would say I meet someone and we strike
Speaker:up a conversation and they ask about the business.
Speaker:I always refer them to my Instagram and ask them to
Speaker:follow along because all of the pictures really are a portfolio
Speaker:of my client work and everything that I've done.
Speaker:And then once you follow along through Instagram stories,
Speaker:which is more of that every day behind the scenes content
Speaker:is where I think people can really get to know not
Speaker:only my personality and my sensibility,
Speaker:but also my process.
Speaker:I liked like,
Speaker:you know,
Speaker:if I'm going into New York city for a buying trip,
Speaker:I'm usually documenting that if I'm in diamond wholesalers office for
Speaker:an engaging appointment,
Speaker:oftentimes I'll show everybody the four or five different diamonds we're
Speaker:looking at.
Speaker:So I think Instagram stories and sort of a daily check-in
Speaker:with people and a great way to really show them what
Speaker:the business is all about and kind of what I'm all
Speaker:about too.
Speaker:Yeah. I'm looking at the account right now.
Speaker:So it's kind of,
Speaker:it's not really a portfolio as such because these are custom
Speaker:pieces that are for certain people.
Speaker:Now I'm guessing that you have to be really careful on
Speaker:the timing of some of this,
Speaker:because if it's an engagement ring,
Speaker:you don't want to be showing it online right away.
Speaker:Absolutely. There have been time for him.
Speaker:Just something came out so beautifully and I'm just chomping at
Speaker:the bit to post it.
Speaker:But I will typically check in with the purpose of proposing
Speaker:and make sure I've gotten the green light.
Speaker:But what is cool is like if you go to at
Speaker:best kept jewelry on Instagram and look through everything,
Speaker:these are all pieces that I've sold and made and been
Speaker:a part of.
Speaker:So it's kind of cool to look back and look at
Speaker:all the things I've done.
Speaker:And oftentimes in the consultation,
Speaker:someone will send me a picture of an Instagram post that
Speaker:their wife or partner sent them.
Speaker:Like as if to say I want something similar or we
Speaker:really like this piece,
Speaker:could we make the exact same thing or something similar?
Speaker:So, you know,
Speaker:I'm always talking about how we can have as many visual
Speaker:references as possible in the consultation and upfront design process.
Speaker:And Mr.
Speaker:Graham has been so helpful for that as well.
Speaker:So I could just sit here in silence and look at
Speaker:some of these pieces that are not right now.
Speaker:I'll put down the phones too.
Speaker:Okay. One of the things I was excited to mention,
Speaker:just because I know some of the people listening here are
Speaker:on Etsy.
Speaker:I have found that some of the most exciting jewelry design
Speaker:and best collection of vintage jewelry is on Etsy.
Speaker:It's of course,
Speaker:really important to dig around and know what you're buying.
Speaker:And some pieces are going to obviously going to be better
Speaker:and nicer than others.
Speaker:I just wanted to do a quick plug that I've been
Speaker:really inspired by some of the jewelry design that I've seen
Speaker:on Etsy and have built a lot of great relationships with
Speaker:designers on the platform.
Speaker:So you'll go and look for design ideas or sourcing all
Speaker:of that over on Etsy as well.
Speaker:Yeah. So particularly for sourcing,
Speaker:if I'm looking for something quite specific or different,
Speaker:sometimes I will go to Etsy to see what's available.
Speaker:The search is so great and you can get very,
Speaker:very specific.
Speaker:And so there have been times where I have found and
Speaker:high quality pieces on Etsy.
Speaker:I curated them as part of the recommendations,
Speaker:and those are the options that people go for.
Speaker:It's been just sort of like another tool in my toolbox,
Speaker:but just some incredibly talented people on the platform.
Speaker:Thank you so much for adding that in.
Speaker:I really appreciate it.
Speaker:Cause you're right.
Speaker:There are a lot of people here who will be on
Speaker:Etsy and just reinforcement that keywords are all important because that's
Speaker:the way you find them.
Speaker:Exactly. Right.
Speaker:I think this is going to be probably pretty obvious.
Speaker:Where would you send people online if they want to take
Speaker:a look at your services besides your Instagram account?
Speaker:Cause we already just talked about that,
Speaker:but where else online would you send people?
Speaker:That's right.
Speaker:Instagram is@bestkeptjewelryandmywebsiteisbestkept.com
Speaker:And anything over on the website that you would want.
Speaker:First time people to look at Services,
Speaker:I think are right on the homepage.
Speaker:You can kind of scroll down and see the three kinds
Speaker:of services I provide,
Speaker:which are engagement,
Speaker:rings, sourcing,
Speaker:milestone gifts,
Speaker:and then custom projects,
Speaker:all the things that we discussed today.
Speaker:And there's also a recently revised about page that I think
Speaker:tells a little bit about my story and my approach to
Speaker:jewelry. And I think it can give people just a great
Speaker:idea of what I'm all about.
Speaker:Wonderful. Well,
Speaker:Kat, I know why you're so successful.
Speaker:I hear the confidence,
Speaker:but I also hear the caring coming through in your voice.
Speaker:And I am a hundred percent certain that all of your
Speaker:costumers are just so pleased with what you're able to curate
Speaker:for them.
Speaker:Thank you so much for giving us an inside peek on
Speaker:your business.
Speaker:I appreciate it.
Speaker:Thank you so much.
Speaker:So A thoughtful,
Speaker:generous and personal selling style sounds so much more comfortable.
Speaker:Doesn't it?
Speaker:I think the idea of providing a luxury experience for each
Speaker:and every customer in your own special way is worth exploring
Speaker:before you move on to your next activity today,
Speaker:make sure to get your name on the list for at
Speaker:least one gift biz bash.
Speaker:You can see the dates and times for upcoming sessions and
Speaker:get signed up over at gift biz,
Speaker:unwrapped.com forward slash bash.
Speaker:And if you're enjoying the podcast and would like to show
Speaker:support a rating and review would be wonderful.
Speaker:It helps spread the word about the show too.
Speaker:So it's a great way to pay it forward.
Speaker:There's also another way to get something tangible in exchange for
Speaker:your support.
Speaker:Visit my merch shop for a wide variety of inspirational items
Speaker:like mugs,
Speaker:journals, water bottles,
Speaker:and more featuring logos images and quotes to inspire you throughout
Speaker:your day makes a great gift to,
Speaker:and we've just added some new products for the season,
Speaker:which is my favorite design right now.
Speaker:It's a toss up with that gorgeous lemonade image and quote
Speaker:about refreshing and the beautiful butterfly design what's yours.
Speaker:Turnaround is quick and the quality is top notch,
Speaker:nothing but the best for you.
Speaker:Take a look@alltheoptionsatgiftbizonwrapped.com
Speaker:forward slash shop.
Speaker:All proceeds from these purchases helps me offset the costs of
Speaker:producing this podcast and now be safe and well.
Speaker:And I'll see you again.
Speaker:Next time on the gift biz unwrapped podcasts.
Speaker:I want to make sure you're familiar with my free Facebook
Speaker:group called gift is free.
Speaker:It's a place where we all gather and our community to
Speaker:support each other.
Speaker:Got a really fun post in there.
Speaker:That's my favorite of the week.
Speaker:I have to say where I invite all of you to
Speaker:share what you're doing to show pictures of your product,
Speaker:to show what you're working on for the week to get
Speaker:reaction from other people and just for fun,
Speaker:because we all get to see the wonderful products that everybody
Speaker:in the community is making my favorite post every single week,
Speaker:without doubt.
Speaker:Wait, what aren't you part of the group already,
Speaker:if not make sure to jump over to Facebook and search
Speaker:for the group gift biz breeze don't delay.