Frequently Asked Questions
Why do I need to be in a group?
We believe that an intimate community of family-owned retail jewelers standing together is much stronger than one, and the benefits far outweigh the costs of the dues.
What separates Leading from other groups?
Leading Jewelers Guild is a buying group and an educational group, but what sets us apart from others is the SHARING. The best expertise comes from within the group, and by keeping our numbers modest we foster the culture of open sharing.
What does it cost?
Monthly dues are $795.
How are the dues spent?
Your dues go to maintaining a year-round office and professional staff in Los Angeles. Most importantly LJG holds semi-annual membership meetings and shows that illustrate the powerful sharing and collaboration. We also have merchandise and marketing programs including look books 3+ times per year, and as a member you can always call with questions and vendor issues.
Does LJG make a profit?
No. Once we fund ongoing operations and specific projects members have entrusted to us, any surplus is generally returned to members in the form of a dues holiday or refund.
Who owns LJG?
Leading Jewelers Guild, Inc. is owned by its members. Each stakeholder has purchased one share of stock for $5,000, that is fully refundable upon resignation. Stockholders annually elect members to the Board of Directors, consisting of 13 members.
What are the membership requirements?
Good credit, an application, a financial statement (sent directly to our CPA), and any additional information as requested by the Board and/or the CPA.
How can I get the most out of my membership?
Go to every meeting, stay from beginning to end, and don’t try to manipulate the agenda. The breakthrough moment (or conversation) that “pays for” the trip can happen anytime! Start to bring other key people in your company to the meetings. Use Leading Vendors first for merchandise to take advantage of the deals negotiated for you. Use Leading first for visual content, look books/catalogs, and online/social.
