Skip to main content

When A Buying Event Has Your Name On It

IJO TREASURES REDISCOVERED When A Buying Event Has Your Name On ItReading Time: 8 minutes
Key Takeaways:

• Treasures Rediscovered builds its estate-buying model around protecting independent jewelers’ customer trust and brand reputation.

• The company provides buying expertise, staffing, marketing, and logistics at no cost, operating seamlessly behind the jeweler’s name.

• Buying events serve as a strategic tool to introduce, reintroduce, and build lasting relationships with store customers.

A buying event can generate traffic.

The more important question is what it leaves behind.

For an independent jeweler, inviting an outside company into the store to evaluate a customer’s jewelry, watches, coins, and other valuables requires more than floor space. 

For those few days, the visiting buyer is also representing the jeweler whose name is on the door.

That distinction is at the heart of Treasures Rediscovered, the estate-buying company built by Chad Blackburn and Rick Leppo.

“We want every jeweler we work with to feel like a partner, not a customer,” says Leppo, CEO.

The two have known each other for nearly 15 years, and Blackburn’s family pioneered the buying-event model decades ago. But as the category became increasingly focused on volume, they saw room for another approach.

IJO TREASURES REDISCOVERED When A Buying Event Has Your Name On It

“We didn’t want another buying-event company,” says Blackburn, president. “We wanted to build something different.”

They call it the Boutique Approach.

For Treasures Rediscovered, boutique is less about size than intent: grow thoughtfully, stay personally involved and never lose sight of whose reputation is on the line. Blackburn and Leppo visit stores, attend industry shows and remain accessible to partners rather than handing off those relationships as the company grows.

“We aren’t interested in being the biggest just for the sake of being big,” Blackburn says. “We want to be the best partner.”

content image 1 1 1 When A Buying Event Has Your Name On It

Where Trust Meets the Counter

That philosophy follows the team onto the sales floor, where estate buying can be an emotional business.

A diamond ring can carry a marriage with it. A watch may have belonged to Dad. A box of coins may represent a lifetime of collecting. Even customers ready to sell may not be ready to treat those belongings as commodities.

Treasures Rediscovered specialists evaluate fine and estate jewelry, diamonds, precious metals, watches, coins and currency, sterling silver, artwork, memorabilia and other collectibles, drawing on experience across those categories and continuing education through GIA and AGS.

And sometimes, what walks through the door is anything but ordinary.

At one event, the team acquired an original Bob Ross oil painting created on camera during an episode of The Joy of Painting. The painting had documented provenance and had remained with its original owner for decades.

For Leppo, who grew up watching Ross on television, the find crossed the line between professional and personal.

“Pieces like that are rare not just because of the name, but because you can still feel the moment that they were made,” he says.

That kind of discovery also underscores why expertise matters. A missed hallmark, overlooked signature, or poorly explained valuation does not reflect only on the buyer. It can reflect on the store.

“Our team doesn’t just represent Treasures Rediscovered,” Blackburn says. “They represent the jewelers who trust us to walk through their doors.”

content image 2 1 1 When A Buying Event Has Your Name On It

More Than a Buying Event

The immediate appeal of a buying event is easy to see. Treasures Rediscovered handles the buying, staffing, logistics and marketing at no cost to the retail partner.

But Blackburn and Leppo believe the greater value can come from what happens around the transaction.

Someone who walks in carrying an old watch may never have been inside the store before. While there, that customer discovers the jeweler — the showcases, repair department, custom work, appraisal services and, perhaps most important, the people behind the counter.

An existing customer who has not visited in years has a reason to come back.

Suddenly, the event is doing more than buying jewelry. It is introducing, reintroducing, and reconnecting customers with the store.

“We want to help independent jewelers grow while protecting the relationships they’ve spent years building,” Leppo says.

That starts with keeping the jeweler’s identity front and center.

Customers see the store they already know. Invitations, signage and conversation are built around the jeweler’s name and reputation rather than a third-party “we buy gold” banner taking over the room.

Treasures Rediscovered works behind that storefront, providing the buying expertise, staff, marketing, and infrastructure, while the jeweler remains the face of the event.

For a busy owner, that hands-off structure matters.

Before the event, an account manager works with the store on timing, promotion, staffing and logistics. When the doors open, estate specialists take the floor to evaluate pieces, explain value and make offers. Behind the scenes, support staff handle research, market review, training and follow-up.

The goal is for the handoff to be invisible to the customer — and for the event to feel like an extension of the jeweler rather than a traveling buyer who has temporarily moved in.

“We can create the opportunity, but it’s our team that delivers the experience,” Blackburn says.

content image 3 2 When A Buying Event Has Your Name On It

Growth Built on Reputation

That experience is becoming increasingly relevant as Baby Boomers downsize and transfer assets, families sort through decades of possessions and strong precious-metals prices send consumers back to jewelry boxes, safes and drawers.

Independent jewelers are already well positioned for those conversations. They have what a pop-up buyer has to earn: a place in the community.

It is also why referrals have become so important to Treasures Rediscovered. Most of the company’s business now comes through word of mouth.

That number carries weight.

A jeweler who recommends Treasures Rediscovered to another store is not merely passing along a lead. That jeweler is lending a reputation.

Blackburn says that is especially meaningful when the referral comes from a retailer who turned to Treasures Rediscovered after a poor experience with another estate-buying company.

“What I’m most proud of isn’t how quickly we’ve grown,” he says. “It’s how we’ve grown.”

There are plenty of ways to tally a successful buying event: traffic, transactions, dollars purchased and commissions earned. Those numbers matter.

But perhaps the better measure comes later — when the customer who walked through the door carrying yesterday’s jewelry returns to the jeweler to create tomorrow’s. 

“We’re still building,” Leppo says. “We think the best chapter of Treasures Rediscovered is ahead of us.”

The post When A Buying Event Has Your Name On It appeared first on Southern Jewelry News.



from Southern Jewelry News https://ift.tt/2oMIlWP

Popular posts from this blog

IDCA honors Ben Bridge Jewelers, Savji Dholakia, Brilliant Earth and others at its Annual Awards Night

The Indian Diamond & Colorstone Association (IDCA), a New York-based association of jewelers, diamantaires and colored stone dealers hosted its 38th Annual Awards Night on June 11th, 2022 at the Venetian Hotel during the JCK Las Vegas Show. IDCA President, Rajeev Pandya opened the evening saying it was a distinct pleasure to honor the finest from our industry for their exceptional contribution to the jewelry industry. IDCA is a premier industry organization that plays an active and vital role within the industry and with other trade organizations, he added. IDCA members and their affiliated companies generate over $10 billion in diamond, color stone, and jewelry sales globally, contributing to the success of the jewelry industry in the United States and around the world. It is IDCA’s mission to raise awareness of how their members contribute to this success. Mr. Pandya congratulated IDCA members on their outstanding achievements over the decades and urged the next generation to ...

Elongated Diamond Shapes Are Taking Over Jewelry

Reading Time: 9 minutes Key takeaways • Elongated diamond shapes like ovals, marquise, pears, baguettes, cushions, and radiants are dominating consumer demand and shifting retailer buying patterns away from traditional round cuts. • These shapes provide strong finger coverage and create the optical illusion of a larger stone face-up compared to round diamonds of the same carat weight. • The trend is significantly accelerated by the accessibility of lab-created diamonds, allowing buyers to select larger proportions and higher carat weights. For decades, the round brilliant diamond remained the undisputed leader of jewelry. It was the traditional standard for engagement rings, bridal jewelry, and many fine jewelry collections, prized for its timelessness and unmatched brilliance. But over the last several years, the market has undergone a dramatic transformation. Today, elongated diamond cuts, particularly oval, marquise, pear, baguette, and elongated cushion and radiant c...

The Retailer’s Perspective: It’s Showtime (Again)!

I just got home from the Atlanta Jewelry Show, and thought I’d share some thoughts and discoveries with everyone from the show. Here’s what you missed if you haven’t been to a trade show in a while. First and foremost… They are fun! The really cool thing about a trade show is the interaction with your longtime friends and business associates. I’ve got friends in this business that I’ve known for 43 years. Many of those friends I’ve only seen face-to-face 43 times – always at a trade show . A jewelry trade show is a hands-on experience. Most days I’m at the point that I don’t want to look at another piece of jewelry on a phone or computer screen. I don’t care how many pics you take, and how many angles you shoot it from, you never really capture the essence of the piece. Being real jewelers , we know the only way to evaluate, and assess, a piece’s true quality and workmanship is to hold it in our hands. A jewelry trade show is a full blown, hands-on, experience. We’ve all bought jew...