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Buying Luxury
How The Top Stores Do It

bracelet in 18k gold with hematite
Stephen Webster bandolier bracelet in 18k gold with hematite bullets.
cultured pearl earrings
Mizuki Tahitian cultured pearl earrings.
cuff in sterling silver and 18k gold
John Hardy cuff in sterling silver and 18k gold.
bead necklace with jeweled clasp
David Yurman bead necklace with jeweled clasp.
cable bracelets with gemstones
David Yurman cable bracelets with gemstones.
Rolex and Cartier watches
Rolex and Cartier watches.
cuff in 18k rose gold with apricot moonstone and diamonds
Irene Neuwirth cuff in 18k rose gold with apricot moonstone and diamonds.
with brown and white diamonds
Roberto Coin “Roi Soleil” pendant with brown and white diamonds.
disco ball-inspired pendants in 24k gold and oxidized silver with diamonds
Yossi Harari disco ball-inspired pendants in 24k gold and oxidized silver with diamonds.
bracelets
Roberto Coin “Barocco” collection bracelets.
platinum and gemstone cocktail rings
Gurhan platinum and gemstone cocktail rings.

And, yes, some retailers don’t expect returns and view vendor policies as generous: “We assume the responsibility in most circumstances and don’t involve the vendors. We don’t want to abuse our relationships,” one explains.

WHEN RELATIONSHIPS GO BAD

So, what do vendors do that really ticks off retailers? Of course, retailers say that vendors that drive them really crazy are no longer vendors. But as in families, a little friction comes with the territory.

The top pet peeves were things you might expect. Late deliveries. Constant cold calls or too many calls. “Visits to the store without appointments drive me nuts!” one retailer says. Some complaints are much more fundamental to the relationship. Shipments without invoices. Small co-op budgets. Excessive inventory commitment requirements. Quality issues are especially serious.

“I expect vendors to service their products and if defective they will be replaced or a credit is to be issued,” one retailer says. “If vendors don’t stand behind their products then we won’t stand behind the vendor. There are literally hundreds of people waiting to be our vendor, so replacement is not too difficult except for the most exclusive brands and those people are excellent about meeting their obligations.”

Many common problems involve a lack of communication. Neglecting terms that were negotiated at the time of purchase. Missing product information. Lack of timely responses.


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