Best Benefit Ever: Jewelers Association Cuts a New Deal

What is it? Jewelers of America  (opens in a new tab) (JA) has long been representing the needs of jewelry sellers across the market, big and small. But even established associations can beef up perks for members, and that’s just what JA has done with its latest benefits update. The organization has announced a partnership  (opens in a new tab) with Jewelry Asset Services  (opens in a new tab) (JAS) to provide member jewelers with business loans and other deals to provide discounts on web services and workers’ compensation coverage, with the aim of helping businesses become more profitable. Members will receive competitive rates on loans courtesy of JAS’ extensive banking ties, along with discounts on services from jewelry-industry technology provider W.R. Cobb Online  (opens in a new tab) and reduced rates on workers’ compensation from Wasserman & Wexler  (opens in a new tab) and affiliated agencies.

Why it works. Simply put, the latest batch of benefits tackle a set of problems that have recently hounded the jewelry industry. “Our priority is always to tailor the discounts and programs we offer to address the issues that keep jewelers up at night,” JA President & CEO David J. Bonaparte said in a statement  (opens in a new tab). “These new benefits offer financial, e-commerce, and insurance support—three areas that directly contribute to the success and longevity of jewelry businesses.”

Other benefits. As one can imagine from an association its size, JA has plenty of benefits available to its members  (opens in a new tab), whether they’re retailers  (opens in a new tab) or suppliers  (opens in a new tab). For example, retailers can select from 10 marketing solutions, including W.R. Cobb Online. Or they can partake in training and education courses, including those offered by the Diamond Council of America and the Gemological Institute of America.

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