Back in the 70s I (Steve) had a retail store selling antique and
last generation furniture with a big refinishing business and the
combination of the 2 and the long buying trips suited me but the
massive recession in the late 70s put an end to all that,
rather abruptly.
In the 80s I did a bout in corporate but in the late 80s I opened a
glass/jewelry studio and did large specialty glass installations in
hotels, businesses and a few homes and had a show schedule for
my jewelry. The name "Crystal Earth Studio" was dreamed up
when I was sitting on a big chunk of quartz looking out at my
garden:)
It became pretty obvious very quickly that I couldn't compete
with the indian, thai, chinese and bali jewelry that was flooding
the market so I closed my studio and went to India and found
Jewelry shops to make my designs and had a 1500 mile sales
route selling from the back of my car to stores, carrying big
display cases. That went well as the market was just starting but
the quality of jewelry from suppliers from India were allot of
problems in those days and I ended up owning all their problems
. . so . . .
I went to India and using my experience as a craftsman found
craftsmen and craftswomen & families that could be taught and
trained their leaders in the jewelry school in Mumbai and
eventually went to live in India to control quality . . . that was 27
years ago . . . I stopped the shows because it was becoming all
price price price.
Instead I created a unique app called the Stocking plan that
allowed me to supply my Jewelry free into stores, where they
only pay for what sells. It was then that I realized the math
behind why so many owners were struggling to save money and
build store equity. I invented my Stocking app. so stores could
get paid first when they sell my line . .
Many stores still don't realized that when they pay suppliers first
they are on a treadmill where the suppliers makes all the profit
and the stores do all the work!
Thanks for your visit Steve