Running a jewelry business is more than just dealing with jewelers. There are finance, administration, and operations that need to be taken care of. Due to the growing complexity of the jewelry industry, it cannot be easy to figure everything out at once.

Every aspiring jewelry entrepreneur needs a complete solution to manage everything with one system. Such software lets you focus on your core business while leaving the rest to software while spending more time with your customers.

Why Use Management Software for Jewelry Stores?

Jewelry stores have a wide range of products that need to be organized and managed. From different diamond styles to gold types, there are many types of jewelry to keep track of.

Jewelry stores are different from other retail stores because they have high-value products. There are many benefits to using management software for your jewelry store business. Here are some of the top reasons why you should consider it:

1. It Saves Time

Allocating time to track your inventory manually can be time-consuming and tedious. This can make it difficult for owners who have other responsibilities outside their store. With management software for wedding jewelry store business, you don’t need to worry about tracking everything yourself. This is because it does it automatically for you!

2. It Eliminates Mistakes

When relying on pen and paper alone, it’s easy to make mistakes when recording sales or inventory levels. Yet, this program stores all information digitally, so there’s no room for errors!

3. Track Customer Behaviour

With management software, you can track customer spending habits to determine what types of items they prefer over others. This information can target them with specific marketing messages and promotions that they’re more likely to respond to.

4. Track Employee Performance

Software for wedding day diamonds jewelry stores will allow you to keep track of employee performance and productivity. This information can reward those who perform well. Meanwhile, management can identify employees who may need extra training to improve their performance.

5. Competition Advantage

Management software lets you stay ahead of the competition by knowing what they’re doing in pricing and promotion. You can then use this information to adjust your pricing and promotion strategies. Your products like wedding bands for women remain competitive in price relative to your competitors but still generate enough profit for the store.

Top Free Management Software for Jewelry Stores for 2022

The following are some of the best free management software programs that can help you run your jewelry store more efficiently:

1.   Swim

Swim software is a free management program for jewelry stores that helps manage your inventory, sales, customers, etc.

Features

• Inventory Management. Add products to your inventory with easy barcode scanning or import from your existing database or website. You can also set up custom fields for each product.
• Customer Management. Create customer accounts and track their purchases over time. You can see what items they’ve purchased in the past, their current wishlist items, and their buying history. This helps you to make better recommendations based on buying habits and preferences.
• Sales Reporting. Generate reports showing how much money you’ve made this month or year-to-date (YTD). You can also create custom reports to show specific information like profit margins by product category using Swim’s built-in reporting tools.
• Many Users. You can share your data with many users without limitations. This means that everyone in your company can access all your information at once, making things easier.
• Track Sales. Swim has an integrated reporting tool to see how much money you made today, last week, or even last month! You can also see how much each employee earns on average each day, knowing if they’re doing their jobs per expectations.

2.   Aurum

Aurum is a cloud-based POS management software for your business. It’s designed to help you save time and money. Aurum offers an intuitive, mobile-friendly interface that makes it easy for you to manage your inventory and sales data. You can also use Aurum to create professional invoices and track payments.

Features:

• Inventory Management. Keep track of all your inventory items with Aurum’s inventory management feature. You can add new items or edit existing ones to ensure everything is up to date on your store’s website or e-commerce platform.
• Product Information Management. Create detailed product information pages that showcase each piece’s details in your store. This includes images, descriptions, price tags, and more.
• Sales Data Management. Track all your sales data with ease using the sales dashboard in Aurum’s POS management software. Get detailed reports on current sales trends and performance so you know what works best for your business. You will make better decisions about future marketing tactics!
• Customer Management. Keep track of customers’ buying history and contact information.
• Email Marketing. Send automated emails to customers based on their buying history or buying behavior.
• Analytics. Get valuable insights into how your business performs through detailed statistics reports.

3.   GoFrugal

GoFrugal is an online management software for diamond jewelry stores and other small businesses. It can manage a wide range of inventory types, including diamond stud earrings for women, watches, or proposal rings. It has a highly customizable feature that allows you to set up your store to fit your needs.

Features:

• Multiple Inventory Types. GoFrugal can manage any type of inventory, including jewelry, watches, and medical supplies. The software has built-in features that make it easy to track sales and inventory levels while also reporting how much cash you have at the end of each day.
• Easy Setup. GoFrugal has a simple setup process that allows you to start immediately. You don’t need any prior experience with e-commerce software or coding skills to use this system. The interface is intuitive enough that anyone can master it within minutes of using it for the first time.
• Customization Options. GoFrugal offers several customization options so you can make sure it fits your needs perfectly. For example, there are several different ways you can organize different types of diamonds. This way, they’re easy for customers to find what they’re looking for when shopping in person.

Conclusion

It is time to bring your business into the present. It is time to modernize and make sure you will not fall behind. If you can solve the issues above with software, your business is ready for a digital transformation. You may want to test out various analytics software that is on-demand and free today.