Edge Pulse and Aggregated Data
At The Edge Retail Academy, we aggregate data from over 815 stores, through Edge Pulse. This allows us to give you up-to-date and meaningful reports and stats. Take a look at some of these stats below…
Includes Diamond Fashion Rings, Diamond Earrings, Diamond Pendants, Diamond Necklace and Diamond Bracelets
How do your Diamond Product sales compare to the Average Store sales? This aggregated data indicates an increase in sales by 17% with an increase in the average sale being $1,236 and average discounting down to 32%. Great News!!
Gold Jewelry Product
Includes Precious Metal w/o Stones Fashion Rings, Precious Metal w/o Stones Pendants, Precious Metal w/o Stones Bracelets, Precious Metal w/o Stone Earrings, Precious Metal w/o Stones Chains
How do your Precious Metal w/o Stones sales compare to the Average Store sales? This aggregated data indicates an increase in sales by 24% with an increase in the average sale being $305 and average discounting up slightly to 34%.
Discounting this Holiday Season
Tis the season that everyone wants a “great deal”. Remember to tell your clients that you are not interested in being the lowest price, only the best value this season!
Provide the clients with the features, benefits and quality of the product, along with a wonderful experience, professional packaging and display. All of this, should equate to an irresistably different experience with your brand, and something the client is excited to tell their friends and family about! This will provide a winning situation for both the client and for your bottom line.