Edge Retail Academy Blog

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Edge Pulse and Aggregated Data

At The Edge Retail Academy, we aggregate data from over 825 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…

Bridal Product

Includes Diamond Engagement Rings, Diamond Wedding Bands, Diamond Loose

3 sales charts

How do your Bridal Product sales compare to the Average Store sales?  This aggregated data indicates an increase in sales by 9% with an increase in the average sale being $2,202 and average discounting down to 26%.  Fantastic News!

Diamond Jewelry Product

Includes Diamond Fashion Rings, Diamond Earrings, Diamond Pendants, Diamond Necklaces, Diamond Bracelets and Diamond Other

3 sales charts

How do your Diamond Jewelry sales compare to the Average Store sales?  This aggregated data indicates an increase in sales by 15% with an increase in the average sale being $1,273 and average discounting down to 30%.  Wonderful News!

Pearl Product

Includes Pearl Strands/Necklaces, Pearl Bracelets, Pearl Earrings, Pearl Rings and Pearl Pendants

3 sales charts

How do your Pearl Jewelry sales compare to the Average Store sales?  This aggregated data indicates an increase in sales by 4.7% with an increase in the average sale being $323 and average discounting down to 24%.  Spectacular News! 

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.

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