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May 13, 2024 2 min read

You've probably heard the term "layaway" before, especially if you're a fan of unique jewelry. But what exactly is layaway, and how can it benefit both you and the small business you're buying from? Although layaway plans vary from store to store, we're thrilled to share the details of our plan and explain why it's an excellent choice for jewelry enthusiasts.

What is Layaway?

Layaway is a purchasing method in which a retailer reserves an item for a customer until it's paid for in full. Instead of facing a large upfront cost, you spread the expense over time, making purchases more manageable for your budget.


How Our Layaway Plans Work

Our layaway process is designed to be as straightforward and flexible as possible. Here's how you can secure your favorite piece without straining your finances:


 


Step One: Choose Your Piece

Whether you're captivated by the elegant designs of the Belle Epoque era or the bold, gemmy Sputniks of the mid-century, the first step is to find a piece that truly resonates with you. We encourage you to take your time and ensure you're completely in love with your selection.

 

 


Step Two: Make a Deposit

Once you've chosen your piece, the next step is to make a 15% deposit. This initial payment demonstrates your commitment to the purchase, and in return, we set the item aside exclusively for you. Please note that this 15% deposit is non-refundable if you decide to cancel your layaway.

 

 


Step Three: Set Up Your Payment Schedule

Next, we'll collaborate with you to establish a monthly payment schedule that suits your financial needs. While some sellers enforce strict payment deadlines or add extra fees, we take pride in offering free and flexible layaway plans. You can spread your payments over up to 10 months, adjusting the schedule as needed. Additionally, we enable customers to set up layaway plans even during sales, allowing you to secure your favorite items at discounted prices.

 

Step Four: Receive Your Item

The final step is the most exciting: receiving your jewelry! Once your piece is fully paid for, we will ship it directly to you to enjoy.

 

Is Layaway Beneficial?

We believe layaway is a thoughtful way to manage your finances while securing the unique pieces you love. By spreading out payments, you avoid large one-time expenses, helping you budget more effectively.

From a seller's perspective, layaway provides stable and predictable income, which is crucial for small businesses during slower seasons. This consistency aids in inventory management and financial planning.

 

Who Offers Layaway?

While 'buy now, pay later' services like Klarna are becoming more common, not all stores offer layaway. If you're interested in purchasing an item in installments, it never hurts to ask. Some businesses might have layaway options that aren't widely advertised, or your inquiry could prompt them to consider offering it.

We're proud of our easy and flexible layaway payment options and believe they offer many benefits. If you're considering a piece from our collection and prefer to use layaway, just let us know. We're more than happy to assist you and make your dream purchase a reality!


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