The Western star’s 14-karat gold signet ring sold for six times its low estimate following a bidding war at U.K. auction house Elmwood’s.
Squirrel Spotting: 7 Tips for Salespeople This Holiday Season
Peter Smith winds down the year with lessons on smizing, the importance of body language and closing the sale.

That poignant saying was credited to the great and colorful Yogi Berra, the former Yankees Hall of Fame catcher and mangler of malapropisms.
Yogi left us a few years ago and now resides in the Great Ballpark in the Sky. Or is it Iowa?
Either way, if Yogi was with us today, he might well have recalled that particular gem as we prepare to traverse the remaining weeks of a year that would have stumped a convention of psychics, let alone Yogi.
And, while we’re on the subject of psychics, do they need to publish the dates of their events?
But, I digress.
The end is in sight, and since the coming weeks typically represent a disproportionate amount of our annual business, I thought it worthwhile to revisit and tweak a column on selling tips I wrote last year.
Here they are.
1) Smile (or, Smize)
At a time when we are picking masks instead of holiday outfits, do not underestimate the power of smiling beneath your cloth protector. In fact, smiling has never been more important.
Sans masks, you can use your entire face to project a smile. That usually, naturally includes your mouth, as you reveal those pearly whites to convey warmth.
Here’s the deal, however: fake or inauthentic smiles are actually captured in your eyes.
Take a look at the photos below, and you can easily see which image reflects a smile and which does not; it’s all in the eyes.
While wearing a mask, we cannot fake smiling. Our eyes will reveal whether it is real or not.
Authentic smiling has never been more effective and more important.
2) Hand Gestures
With the suspension of handshaking as a viable option to greet customers, don’t lose sight of the communicative prowess of your paws.
While we won’t have the rush of oxytocin that accompanies human touch in the near term, studies show that our brain gives 12.5 times more attention to hand gestures than words, so use those hands.
This has much to do with evolutionary safeguards; if I can see your hands, I’ll know whether you pose a danger to me or not.
To that end, use your hands in an animated fashion when you are talking to your customers.
Keep them in view as much as possible, and keep your palms up as much as you can.
As for greeting the customer, I love seeing people touch their heart when greeting customers. It is a safe, sincere and warm welcome.
3) Be Efficient
In Michelle Graff’s most recent episode of “My Next Question,” she revisited three retailers she had interviewed in the early days of COVID-19, Holly Wesche, Chad Berg, and Elise Greenberg, to ask them how things were progressing now, months into the pandemic.
One important reveal from the panel discussion was the sense that customers were doing their pre-emptive work online and then coming into their preferred store to make their purchases.
On so many levels, this makes sense. Customers are not going to shop in multiple stores before making a buying decision. That model was already becoming a dinosaur pre-pandemic and is probably close to extinction at this time.
So, what does that mean for salespeople? Simply this—get the customer in and out in as efficient a manner as possible.
Customers will limit their exposure to other people for the foreseeable future and they’ll appreciate you handling their needs expediently so they can get back to the safety of their cars and homes.
4) Priming
The idea of priming is to set the stage for a buying decision. Any doubt about the motivation of customers visiting stores to kick tires should long since have been put to rest.
You can show the greatest respect to customers by acting like they are there to buy and suspending the long overtures and endless product demonstrations.
“Tell me about the person you are buying for?” and, “What are you looking to get done today?” are direct, respectful and appropriate in this environment.
You want to ask open-ended questions, you need to understand the customer’s needs and motivation and to listen and observe their body language, but know that if they visited your store, they want to make a purchase.
Act accordingly.
5) Paradox of Choice
When presenting product options to your customer, less is more. Choice is a good thing—and three options is a great number—but the more you present, the more stress for the customer and the higher the likelihood that you will force them to disengage and go someplace else.
Once you have established the customer’s needs, confidently put three good options in front of them and allow them to pick.
6) Contrast Principle
Using three distinct price points is another way to give the customer options without overwhelming them.
If the stated budget is $1,000, put three options in front of them: $1,000, $1,500, and $2,000.
If they tell you their budget is $5,000, give the customer three options at $5,000, $7,500, and $10,000.
You’ve probably noticed the relationship is 1) at the stated budget, 2) double the budget, and 3) splitting the difference.
This pricing psychology works at any price point as it delivers three options for the customer: honoring the stated budget, stretching the budget big time, and serving an option north of budget but often still attainable.
As you might guess, the customer elects the middle option a disproportionate amount of the time, an awfully good scenario for the store and a satisfied customer, who is often excited about feeling like they could reach a little bit higher.
7) Ask for the Sale
The last point I will make is to ask for the sale.
At some point, the product information must stop, the exploratory questions have been asked and the sale needs to be wrapped up.
Don’t assume the customer will always tell you when they are ready to commit. Sometimes, they need a little push.
Be confident and appropriately lead the conversation. You’ve given them three solid options at three different price points. Ask them, “Which of these makes the most sense for you?” and don’t be shy about giving your informed opinion.
Your customer came in for a reason and you are doing them a great service by helping them to decide.
It’s been a heck of a year for everyone, but the results coming from independent jewelers have been nothing short of remarkable.
There are just a few short weeks left in the calendar year and many retailers are in it with a real shot (despite shutdowns) of recovering all of their lost sales from the interruption of business experience earlier this year. It would really be something for that to happen.
I hope the above tips help you to make your goals for season.
Happy holidays!
The Latest

The discussion, "Rebuilding the Jewelry Workforce," will take place on Saturday, May 16, in Troy, Michigan.

The jewelry industry is reassessing its positioning as Gen Z reshapes the retail landscape and lab grown continues to gain market share.

With the trade and customer trust in mind, GIA® developed NextGem™ – on-demand training designed specifically for retail.

A matching pair of 18.38-carat, D-color diamonds from Botswana’s Jwaneng mine sold for $3.3 million, the top lot of the jewelry auction.


Sponsored by A Diamond Is Forever

The next generation of lapidarists are entrepreneurial, engaged online, and see the craft as a means for artistic expression.

Gain access to the most exclusive and coveted antique pieces from trusted dealers during Las Vegas Jewelry Week.

It was the second auction appearance for the fancy vivid blue-green diamond, which sold for $7.8 million at Christie’s Geneva 12 years ago.

Members of the U.S. Marshals Task Force took a 22-year-old man into custody. He was charged with tampering with evidence.

While the overall number of crimes was down, there were more incidences in which robbers pulled out guns, mace, or rammed cars into stores.

Jack Sutton Fine Jewelry is closing its store inside the downtown shopping center after 40 years in business.

Reena Ahluwalia’s painting of the rare red diamond is the first contemporary painting to join the National Gem Collection.

The price of gold has risen, affecting the number of pieces designers make, the materials they use, and how they position themselves.

The 11-piece “Medallions” capsule collection features five motifs: a crying eye, a heart on fire, a spiral, a flower, and a swallow.

From Gen Z’s view of luxury to “doom spending,” these are the six consumer trends to note this year.

The partners have announced the second cycle of the program, which has expanded to include a $25,000 student scholarship.

The owners of Staats Jewelers are heading into retirement.

Jeffrey Gennette, who retired in 2024 after 41 years with Macy’s, is the newest member of the jewelry retailer’s board of directors.

May babies are lucky to have emeralds, a gemstone admired for centuries, as their birthstone, writes Amanda Gizzi.

The new module allows retailers to plan, promote, and measure the success of events from a single dashboard.

NDC said in an open letter that Pandora’s statements about the carbon footprint of lab grown versus natural diamonds are inaccurate.

The diamantaire and industry leader succeeds Feriel Zerouki and said he will focus on being a “champion” for natural diamonds.

She wore our Piece of the Week, Glenn Spiro’s “Old Moghul Golconda” earrings, featuring fancy brown-yellow diamonds totaling 51.90 carats.

Two pieces were named “Best in Show,” one from the retail category and one from the supplier category.

The jewelry retailer noted resilience among its higher-end customers while demand softened for its lower-priced offerings.

Led by the 6.59-carat sapphire, the sale garnered $9.7 million, a record total for a Heritage jewelry auction.
























