Why Buying Events Are a Game-Changer for Jewelers in Smaller Markets
If your jewelry store is in a town with fewer than 10,000 residents, you might think big buying events aren’t for you. But the recent success of Marquardt Jewelers in New Prague, MN proves otherwise. Partnering with Mayflower Estate Buyers for a three-day buying event, they generated over $77,000 in purchases and saw a significant boost in foot traffic — a clear sign that smaller markets are full of untapped opportunity.
The Untapped Potential of Smaller Towns
Large cities often face overcrowded markets with competing events and marketing noise. Smaller towns, by contrast, offer an intimate setting where your store’s reputation and local relationships matter more than ever.
These close-knit communities respond well to well-run buying events that provide transparency and trust, bringing energy to your showroom and turning new visitors into lasting customers.
The Right Buying Event Strategy Depends on Your Market
One size doesn’t fit all when it comes to buying events. The key to success is understanding how many potential customers you can realistically reach within a reasonable radius, generally about a 15-minute drive or less.
If your reachable population is around 5,000 or less, you’re well positioned to host and grow buying events independently. Promoting your buying services regularly and nurturing local connections can lead to sustainable, steady growth.
If your market includes 6,000 or more potential customers, partnering with Mayflower Estate Buyers is a smart move. We bring expert marketing, direct mail campaigns, and experienced appraisers to amplify your event’s reach and boost sales.
Keep an Eye on Market Saturation
Market saturation matters, too. If a jeweler within a 25-mile radius recently hosted a large buying event — especially from the company that “buys everything” — your local market may be temporarily crowded, which can reduce turnout and sales.
By timing your event strategically and knowing your competition, you can avoid saturated periods and maximize your impact.
Advantages Smaller Markets Offer
Stronger Customer Loyalty: You know your customers personally, and they trust you. Buying events deepen these relationships by offering a transparent, professional way to sell and buy estate jewelry.
Less Competition: Many buying event companies overlook small towns, so you face less noise and more opportunity to stand out.
Maintain Healthy Margins: With the right support, buying events in smaller markets don’t mean discounting or diluting your brand.
Expand Your Client Base: Events bring new faces into your store, energizing your showroom and growing your customer list.
Why Partnering with Mayflower Estate Buyers Makes It Easy
Buying events take planning and staff readiness. Mayflower helps by providing:
Branded marketing materials tailored to your market
Direct mail campaigns that reach your local community
Pre-event staff training for confidence and success
On-site certified appraisers who make customers feel comfortable during evaluations
The combination of expert support and an engaged team is what drives strong results time and again.
Thinking Bigger About Your Market
Don’t let a smaller population hold you back. Your community is your biggest asset, and when you combine that with a smart event strategy and expert support, your store can host high-value buying events that build loyalty and grow your estate jewelry offerings.
Ready to Discover What a Buying Event Could Do for Your Store?
Mayflower Estate Buyers brings decades of experience helping independent jewelers in smaller markets unlock their potential. Simply share your details below or email hello@mayflowerestatebuyers.com and we will be in touch. You can also give us a call at (410) 236-7088.