Ep53 - The Jewelry Business Scorecard with JBT Experts, Jim Rocchio & Brenda Gamba

Today, we have two special guests from the Jewelers Board of Trade, Jim Rocchio and Brenda Gamba, who will enlighten us on a topic many in the industry might not be aware of — the JBT rating. Based in Providence, Rhode Island, the Jewelers Board of Trade has been a pillar in the jewelry industry since its establishment in 1884.  We'll dive into details of what a JBT rating is and how it works. Jim, with 36 years at JBT, and Brenda, with 20 years, will break down the complexities of JBT ratings and what they mean for businesses in the jewelry industry.  In this episode, we uncover the historical roots of the JBT, its significance, and the evolution of credit ratings within the jewelry sector. Discover how JBT helps maintain transparency within the jewelry industry and ensures that businesses are legitimate and trustworthy.  We'll also discuss the significance of JBT ratings for retailers who want to buy on credit, as well as for suppliers looking to make informed decisions.   We also explore the lesser-known aspects of JBT, like other condition codes, capital ratings, and the impact of collection claims on your score.  Find out why these codes matter and how they influence your business dealings.    So, if you're curious about JBT ratings, want to know how they can benefit your business, or simply love all things jewelry-related, you don't want to miss this episode. Tune in as it's time to lift the curtain and discover more about your JBT rating!   Brought to you by: Southern Jewelry News: https://southernjewelrynews.com/ Jewelry Store Marketers: https://jewelrystoremarketers.com/ Learn more about the Pearls of Wisdom Jewelry Podcast https://southernjewelrynews.com/podcast Subscribe on your favorite podcast platform: • Apple Podcast = https://podcastsconnect.apple.com/my.-.. • Amazon Music/Audible = https://www.audible.com/pd/Pearls-of.-.. • iHeartRadio = https://www.iheart.com/podcast/263-pe... • Spotify = https://open.spotify.com/show/6IU1OHw... • Google Podcast = https://podcasts.google.com/feed/aHR0...