Feature
Story
Jackie Tuozzo
Romancing the Stone Customers
By Gretchen Cain
Owning a small business is a
love/hate relationship. Finding herself involved in
every phase of the operation, there are mornings when
owner Jackie Tuozzo can’t wait to open up her store,
Charles Jewelry, located at 16053 Tampa Palms Blvd. West
in Tampa, Florida. And conversely, there are times when
she would rather be doing just about anything else,
especially an activity geared toward her two young
children.
It’s a modern-day romance
between retail store personnel and customers. Tuozzo,
assisted by her sister Jennifer Caramatti-Boscan,
jeweler Transieto Leive, sales person Kym Miller and
friend Tracy Potts, is constantly looking for ways to
court her precious stone customers in order to ensure
they will be satisfied with their purchases and return
for more items. Strategically placed sparkling
merchandise displays are just one of many sales tactics
the staff must carefully plan and execute for both the
“in person” shopper and the one who chooses to
shop online.
A successful campaign is the
"wish list" for ladies that Tuozzo has implemented.
Customers who admire pieces of jewelry can go home and
report to their husbands or boyfriends that "Charles
Jewelers" is keeping track of their jewelry wants. “This
works very well, especially for Christmas gifts and
anniversaries,” Tuozzo said.
For the store owner, getting the customer in the door is
a plus because the experienced staff has the opportunity
to advise, knowing the history and proper care of each
item of jewelry. “Every retail business today that is
competitive should offer the convenience of online
shopping as an option. But a distinct advantage of
shopping in person is the customer can try on a piece of
jewelry to see if it fits for size, color, even
lifestyle,” said Tuozzo.
“Wearing jewelry is not just
about the bling,” Tuozzo said. She considers owning
jewelry a responsibility because it is an investment and
makes a statement about a person.
Diamonds Are A Girl’s
Best Friend
Tuozzo said there is intense
preparation for peak buying “events” of rings and things
when the store will be extra busy, but a continuous and
strong marketing campaign is needed to lure jewelry
customers to make impulse purchases, shop for
replacements pieces and request repair orders. The
inventory is vast, offering everything from diamonds to
decorative charms, watches and porcelain figurines.
Stocking the shelves for
Christmas starts in June, and for Mother’s Day, the
second busiest holiday, in January. “We sell a lot of
diamond bridal rings and we are always looking for
different looks. Simon G has been our best seller in
that area. There are only about four jewelers in Tampa
who carry the line,” Tuozzo added.
“Diamonds are still a girl’s best friend,” said Tuozzo.
“When I was 17, I bought myself a bracelet with my name
spelled out in diamonds. It was very special to me.”
Diamonds represent love and commitment. “When you have a
diamond that sparkles and has fire, people will always
comment on it. My favorite tag line is flowers die,
chocolates make you fat, but diamonds last forever. An
investment in a diamond will always be cherished by your
next generation,” said Tuozzo.
The staff at Charles
Jewelers works together likes the mechanisms of a fine
watch. Knowing what parts of the business each person
does best and matching those gifts to job
responsibilities is essential. Tuozzo said for the past
6 years, warm and friendly Caramatti-Boscany has dealt
directly with the customers, leaving the analytical and
methodical Tuozzo to manage behind-the-scenes details.
Jeweler Transieto Leiva, who has been with the store for
more than 8 years and has 34 years experience as a
master-jeweler, is the creative genius. “Transieto is
very talented and also has helped me to build the repair
business of the jewelry store,” said Tuozzo.
One of the behind-the-scenes
details Tuozzo is charged with is advertising. “I try
everything: advertising with the newcomers, bridal
shows, bridal magazines, newspapers, coupons,
networking, even donations to schools and charity
events. With marketing, you can’t limit your spending to
one or two things and expect to be successful. It’s all
about exposure, and looking ahead,” she said. Tuozzo
also belongs to a networking group in order to encourage
referrals from other members.
Tuozzo is in charge of the hiring for Charles Jewelry.
She said she uses a jewelry allowance, retirement fund
and health insurance as incentives to keep employees.
The most important quality she looks for is trust. “Our
reputation is the most important asset that I have to
keep. I have to be very careful who I hire. We have a
phenomenal repair business and customers want to be able
to trust us with their valuables,” Tuozzo said. She also
looks for a professional attitude. The employee must be
patient and willing to spend enough time with each
customer for them to feel comfortable about making a
purchase.
Pearls of Wisdom
“If there is one thing I
have learned,” said Tuozzo, “It’s to be on the alert for
changes, and not to leave anything to chance.”
Tuozzo is referring to
wisdom gained as a teenager when her life took an
unexpected turn. Tuozzo had planned go to college after
high school, but her studies were postponed in order to
be a caregiver to her mother, who was dying from breast
cancer. Tuozzo opted for beauty school, becoming a
cosmetologist and hairdresser, which she enjoyed doing
for 10 years.
Her early career helping women to boost their
self-esteem with skin/hair improvements was
foreshadowing of the day when she would help others to
enhance their appearance by accessorizing with jewelry.
“It’s wonderful to have a job where you can make people
feel good about themselves as they leave your store,”
said Tuozzo.
Meanwhile, Tuozzo studied to be a youth minister and met
her former husband, Charles, at a young adults group.
They were married in 1993 and Tuozzo continued her
education, this time in the field of nursing.
Then Tuozzo lost her second parent. “My father died and
left a small inheritance to me. I wanted to invest my
money in a business,” she recalled. The motivation for a
jewelry store came from Charles, and in 1997 the couple
chose the upscale Tampa Palms West area as a business
location because of its growth potential and the lack of
competition from other jewelry stores.
“When I was a hairdresser I saw how the area was
growing. There was no jewelry store in the area,” said
Tuozzo. Their other choice was Countryside in
Clearwater.
Tuozzo began her Charles Jewelry with a business plan,
as was recommended by the savvy property manager. “Our
lease required a written business plan, which was good
because it made us consider many aspects of the business
and gave us an idea of what to expect,” said Tuozzo. She
cautions new business owners to remember that having a
plan on paper and making it real are two very different
things.
The finance package for Charles Jewelry consisted of
Tuozzo’s inheritance, a home equity loan, a small loan
from her sister and credit cards at low rates. “We
couldn't get a standard small business loan because we
were considered high risk," she said. To ensure
sufficient cash flow for the new business, Tuozzo
continued working as a nurse for the first two years.
“My accountant is the one who trained me to do
QuickBooks and I learned the jewelry business by
on-the-job training,” she said.
Tuozzo said her business training has never stopped and
she reads at least two books a month to keep current on
the latest trends in jewelry. Tuozzo believes attending
trade shows is important toward improving the store’s
saleable inventory. “Our vendors come to us now, but
throughout the years we have gone to the jewelry shows
in Las Vegas and Orlando,” she said.
Regarding inventory, Tuozzo said, “I always have to
monitor what goes out because it is so easy to overbuy.”
She advises anyone starting a jewelry business to be
very disciplined in buying. “When there is an item that
doesn't move, we place it in the clearance section and I
call in vendors who will do stock-balancing,” Tuozzo
said.
When asked to look back with hindsight on the past 10
plus years of business, Tuozzo said there isn’t anything
she would change or do differently. “I don't live my
life with any regrets. I have gone through some tough
life experiences. All my experiences has made me the
Godly women I am today,”
Tuozzo said the greatest daily challenge she faces is
keeping a balance in her life and admits she has a
history of being a "workaholic.” Tuozzo said she hit
rock bottom a few years ago, suffering from burnout and
stress, before joining a support group to learn how to
live one day at a time. Her experiences were not
atypical of a working mom. “I had a baby that took 14
months to sleep through the night and my marriage was
falling apart. That year I lost my main employee,
"Charles," through a divorce. I was dealing with a lot
of anxiety and living too much in the future,” she
recalled.
Tuozzo is learning to prioritize and delegate, instead
of trying to do it all by herself. “I am focusing on
dividing annual goals into monthly goals, and taking
better care of my inner person,” she said. This is a
constant juggling act since Tuozzo is the single mother
of two daughters, 4 and 6 years of age. Tuozzo said she
is particularly challenged when it comes to keeping up
with her first-grader’s homework assignments, which is
complicated by the daughter’s learning disability.
Tuozzo has found it very helpful to hire a tutor, who
comes once a week to the house.
She is also trying not to expect that everything must
always run smoothly. Tuozzo hopes her daughters will be
as close to each other as she is to her own sister, but
children will be children, and sometimes the young girls
bicker and don’t get along. Tuozzo said she would love
to leave her daughters the jewelry business and is
grooming them to learn the trade as they get older.
“This is one of my dreams; however, if this is not their
calling, I will understand that. I am already planting
the seeds and they are taking art classes to bring out
their creativity,” she said. For now, they are
“diamonds” in the rough.
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