Midwest Pawn Bootcamp

2014 Dates: November 10th - 12th

Training will be at the Embassy Suites in Indianapolis, Indiana. More information will become available in early 2014. Until then take a look at our 2013 training and activity lists below to learn more about how we forge new pawnbrokers into seasoned professionals!

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How would you like to make your career of working in a pawn shop far easier, smoother, more confident, and much more effective? This interactive presentation is designed to assist you in doing exactly that. Hi, my name is Steve Krupnik, and I will be assisting you personally in this two-hour presentation. In the presentation you will find common discussions taking place in the pawnshop you work at every day. You'll also find some of the most common words phrases and language used by the pawnbrokers having these discussions. You will then discover many new words phrases and language to use in these interactions that will prove to be far more effective to you.

Yet, I will not be just throwing a bunch of new buzzwords at you, because not only will I provide you with the perfect things to say in many situations, I will also explain to you in detail why these words, phrases, and language works. Knowing what to say, and what not to say of course, is important. But knowing why you are saying it and what it means to the other person in the discussion will kick your career up to a whole new level. In this presentation we will be role-playing typical pawn shop transactions in pawn loans, sales, purchases, and general customer interaction. We will also be discussing the proper use of one of the most powerful tools you possess in your career. Empathy statements.

In doing so you will take away a brand-new understanding of interacting and dealing with the customers you serve. Since the presentation is interactive you will not even need to concern yourself with remembering these things and taking notes. This is because you will also take away a complete and comprehensive new book on the subject entitled Perfect Words Phrases and Language for Pawnbrokers. My gift to you.

Steve Krupnik

Steve Krupnik has enjoyed over 30 years in the pawnbroking industry. He founded the Indiana Pawnbrokers' Association in 1993 and was named "National Pawnbroker of the Year" by the National Pawnbrokers' Association in 1999. He has represented our industry in numerous print, radio, and television interviews including recent appearances in the Wall Street Journal, on Fox News, and NPR. Steve is a published author and business coach, and currently operates an information marketing business providing coaching products to the pawnbroking industry. A dynamic speaker known for his "harsh reality" real world style, this multifaceted entrepreneur will deliver valuable cutting edge information to you in a highly entertaining and easily understandable style.

November 11th 8 AM to 10 PM

  1. What we have to sell.
  2. Is selling really selling?
  3. When to speak and when to be quiet and listen.
  4. How and when to greet customers.
  5. Is explanation of goods necessary?
  6. Pawnshops can compete against the big box stores and the internet.
  7. Sell yourself and your company, then you can sell products and services.
  8. Will that be cash?
  9. How to counter offer when someone is not playing fair.
  10. How do you sell a wedding ring back to the original owner, a year later.
  11. When is enough "too much", and cost you a sale.
  12. Do you know your customers name?
  13. Your customer is "just looking", really?
  14. Find out why a new customer came in:
    1. Great conversation starter
    2. Now make that relationship long term

Randy Ramsey

Randy is President of RamZ's Emporium, Lafayette, IN, and has been a pawnbroker for 23 years. He is a Lifetime Member of the Indiana Numismatic Society, longtime member of the Lafayette Coin Club, member and former president of the Tippecanoe Antique Assn., Charter Member and past board member of the Indiana Pawnbrokers Association, and is a current member of the National Pawnbrokers Association. Randy is also the creator of the new seasonal summer reality show "RamZs Hoosier Pawn."

November 11th 10 AM to 12 PM

How would you like to close more deals at the pawnshop you work in? Or how about raising the redemption rate on pawn loans? And maybe even reduce the percentage of suspect merchandise coming in? This interactive presentation is designed to assist you in doing exactly that. Hi, my name is Steve Krupnik, and I will be assisting you personally in this two-hour presentation. In the presentation we will be discussing the differences between screening and qualifying, what you can achieve by doing so properly, and why it is so important to screen and qualify your customers on nearly every occasion.

I will also instruct you on how to screen and qualify your customers in a stealth fashion to obtain data from them you are trying to receive, yet without coming across as an NSA agent with a bad temper. We will also discuss different types of screening and qualifying appropriate to the type of transaction taking place. We will also be role-playing transactions where you can try out this new information in a work-like environment.

In doing so you will take away a brand-new understanding of the best screening and qualifying methods when doing business in the pawnshop. Since the presentation is interactive you will not even need to concern yourself with remembering these things and taking notes. This is because you will also take away a complete handout covering everything discussed and taught in this important training presentation.

Steve Krupnik

Steve Krupnik has enjoyed over 30 years in the pawnbroking industry. He founded the Indiana Pawnbrokers' Association in 1993 and was named "National Pawnbroker of the Year" by the National Pawnbrokers' Association in 1999. He has represented our industry in numerous print, radio, and television interviews including recent appearances in the Wall Street Journal, on Fox News, and NPR. Steve is a published author and business coach, and currently operates an information marketing business providing coaching products to the pawnbroking industry. A dynamic speaker known for his "harsh reality" real world style, this multifaceted entrepreneur will deliver valuable cutting edge information to you in a highly entertaining and easily understandable style.

November 11th 3 PM to 5 PM

  1. Not all customers are poor.
  2. People are asset rich, but they may be cash poor.
  3. Buyers with much wealth like deals.
  4. "HENRYS" High Earners Not Rich Yet.
  5. How do you handle your jewelry?
  6. How do you handle their jewelry?
  7. What your store should look like, if you want customers.
  8. Affluent are smart people; how to talk to them.
  9. Anticipate their needs, let then know you are the person that can help, or turn over to someone who can.
  10. How do you close a sale.
  11. How to turn excitement about making a large sale into excitement for the customers wise decision.
  12. Don't count the money, until after the deal is done.
  13. You cannot expect trust from a Henry if you are not honest about what you know.
  14. You want more affluent customers, how can you get the word out?
  15. How do your displays look?

Dan Bergman

Dan is a 26 year veteran of the jewelry industry. He began his career in Valparaiso, IN, while in high school working for a local company learning the manufacturing side of the industry. After high school graduation, he attended Northwood University in West Palm Beach, FL. During his time in college he worked at a jewelry store where he learned to buy estate jewelry. Upon graduating from college Dan accepted a position with the Ronald C. Mick Company in Chicago, IL, where he worked for four years as a Manufacturer's Sales Representative for six different companies servicing the jewelry industry.

In 1998, Dan joined Reis-Nichols in Indianapolis, IN, as a salesperson. In 1999, he became the watch manager for the downtown location. In 2001, Dan was promoted to assistant store manager. In 2007, he was promoted to store manager.

He is a graduate of Northwood University with a Bachelor's Degree in Business Administration and is certified in diamond grading and diamond identification through the Gemological Institute of America.

November 12th 8 AM to 10 AM

  1. Ebay is not always the ultimate authority of value.
  2. Customers will give you clues.
  3. Look for danger signs:
    1. Removed labels
    2. Screws with marks
    3. Make sure all parts are present
  4. Warning signs:
    1. Items take time to power up.
  5. List of valuable sites:
    1. Costco
    2. Sams
    3. Etc.
  6. Ask what the customer thinks this item is worth and why or how did they come up with that.
  7. How to deal with model numbers that are retail store specific?
  8. Why do similar (or the same) itemssell for such different prices on the internet?
  9. What can you do to be sure your research gives you the correct value of an item?
  10. What clues can look for to tell if an item is counterfeit?
  11. When hard to value items are rare and valuable, and when are they worthless?
  12. How can you "test the water" and get a price from a customer who is unwilling to tell you what you want?

Gregory Lee Engstrom

Gregory Lee Engstrom was born into the world of pawnbroking, working in his dad's store since he was old enough to read and carry on a conversation. Gregory has two bachelors degrees from Purdue, Marketing and Business Management. Gregory now manages a store he founded in Michigan City Indiana. Gregory is also an Auctioneer, and Completed the GIA Diamond Grading Course.

November 12th 10 AM to 12 AM

  1. What are the causes?
  2. How do you deal with the yeller?
  3. What is the first hint that there is trouble brewing?
  4. Listen, listen, listen; many times customers want to blow off steam.
  5. If someone has a bad day they are going to take it out on someone.
    1. You are at the counter; FRONT LINE.
  6. You know that an offer on something will make the customer mad, or will it?
    1. How can you tell?
  7. Someone's grandson just sold a ring, that belonged to his grandmother, now they are both at your counter. Now what?
  8. A customer is talking with another, and one says to the other "you know all this stuff here is stolen". Now what?
  9. You scapped a ring months after it was overdue, now the husband wants his wife's ring back. How do you deliver the news?
  10. How do you deal with the "friend" who advises your customer incorrectly, or is blowing your sale?

Greg Engstrom

Greg Engstrom, President of the Indiana Pawnbrokers Association and Charter Member, also served on the Board of Directors of the National Pawnbrokers Association for 11 years. He is the founder and President of AmeriPawn, Inc., a chain of 4 pawnshops, 2 jewelry stores, a furniture store, and is a licensed Indiana auctioneer. After starting out as a coin dealer in 1975, Greg has attended and also taught many seminars to pawnbrokers all over the country.

November 12th 1 PM to 3 PM

  1. Proper technique to deliver news that a customer's item does not have the value that he believes it does?
  2. How the counter person can bring in more diamond business?
  3. How to identify and evaluate diamonds quickly and easily.
  4. Techniques to use to increase your loan balance.
  5. How to get customers to bring in more, better, bigger diamonds.
  6. How to increase the store's loan balance.
  7. How to increase the store's visibility in the community, etc.
  8. What can a customer pay back, what is too much?
  9. How can you find the sweet spot, an amount the customer will pay back?
  10. What do you do to retain a failing customers?
  11. What rules you can and should bend to keep a customer.
  12. What "rule bending" will cost.
  13. What to do when a customer tells you they "got a better offer."
  14. Which customers are Great customers?
  15. How can you get customers to bring in their friends to get a loan?

David Schoeneman

David has been the President of Shanes - The Pawn shop, Chicago Heights, IL, for over 24 years. He has been a Graduate Gemologist in Residence since 1973, and spent over 10 years in the loose diamond industry in Australia and Chicago. He spent 15 years on the Illinois Pawnbrokers Assn. Executive Board, six years of which were as President.

November 13th 8 AM to 10 AM

  1. What is the current item that is counterfeit gold?
    1. Gold bars
    2. Coins
    3. Chains
    4. Watches
    5. Rings
  2. Hard to recognize synthetics:
    1. Tanzanite
    2. Opal
    3. Alexandrite
    4. Ruby
    5. Sapphire
    6. Emerald
    7. Pearls

Jacqueyn A. Nitzschke

Jacqueyn A. Nitzschke, has been in the jewelry business for 31 years! 18 years with Engstrom's Coin and Jewelry, 1 year with Jacquelyn's Fine Jewelry, 10 1/2 years with Albert's Jewelers, currently now with Engstrom Jewelers and Ameripawn! She has been a jewelry appraiser for fifteen years, being a member of the National Association of Jewelry Appraisers. I am a Graduate Gemologist of the Gemological Institute of America, and a Graduate Gemologist of the Diamond Council of America. I have been an Auctioneer for 13 years. I have done appraisals for divorces, estates, bankruptcies, insurance and replacements. I have worked with attorneys, banks, insurance companies, the FBI, ATF and FDA.

November 13th 10 AM to 12 PM

  1. Resources for value of diamonds.
    1. The Gem Guide
    2. The Rapaport Sheet
  2. Polygon
  3. Gauges
    1. Circle Gauges
    2. MM Gauge-Brass
    3. Leveridge Gauge - Digital or not?
  4. The 5 C's
    1. Cut (Shape)
    2. Clarity
    3. Color
    4. Carat Weight
    5. Cut Grade
  5. Moissanite
  6. Cubic Zirconia
  7. Laser Drilling
  8. Facture Filling

David Schoeneman

David has been the President of Shanes - The Pawn shop, Chicago Heights, IL, for over 24 years. He has been a Graduate Gemologist in Residence since 1973, and spent over 10 years in the loose diamond industry in Australia and Chicago. He spent 15 years on the Illinois Pawnbrokers Assn. Executive Board, six years of which were as President.

Jackie Nitzschke

Jacqueyn A. Nitzschke, has been in the jewelry business for 31 years! 18 years with Engstrom's Coin and Jewelry, 1 year with Jacquelyn's Fine Jewelry, 10 1/2 years with Albert's Jewelers, currently now with Engstrom Jewelers and Ameripawn! She has been a jewelry appraiser for fifteen years, being a member of the National Association of Jewelry Appraisers. I am a Graduate Gemologist of the Gemological Institute of America, and a Graduate Gemologist of the Diamond Council of America. I have been an Auctioneer for 13 years. I have done appraisals for divorces, estates, bankruptcies, insurance and replacements. I have worked with attorneys, banks, insurance companies, the FBI, ATF and FDA.

November 13th 1 PM to 3 PM

Activities

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Diamond Trading

Maximize your diamond returns by attending the diamond trading event Tuesday evening. Multiple diamond dealers will be present to ensure you get the best most competitive offers for your diamonds.

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Group Discussion

Our instructors don't just talk at you, but with you. At the end of each day that day's instructors will gather with you and the other students to discuss that day's teachings and answer any questions that the group may have.

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Test

At the end of each day we provide a test to make sure everyone understood that day's lessons. This is a bootcamp after all; best stay on your toes!

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Networking

Meet fellow pawnbrokers from all over the Midwest! Sometimes the greatest education can come from meeting and connecting with other pawnbrokers who share your dedication to perfecting the art of pawnbroking.

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Lunch

We won't let you go hungry while flexing your new pawn muscles. The hotel offers a free continental breakfast and lunch is provided by us every afternoon.

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Awards

Get promoted! Upon completion of our rigorous training program you will receive a certificate of completion to prove your commitment to pawnbroking.

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The Midwest Pawnbroker Boot Camp is the only training available to teach the basics of everyday pawn shop activities.
Schedule
Monday November 11th, 2013
8:00 A.M. TO 10:00 A.M. INTERACTION AND DEALING WITH CUSTOMER: Presenter: Steve Krupnik
10:00 A.M. TO 12:00 A.M. SALES SKILLS FOR PAWNBROKERS: Presenter: Randy Ramsey
12:00 A.M. TO 1:00 P.M. LUNCH
1:00 P.M. TO 3:00 P.M. STEALTH CUSTOMER SCREENING AND QUALIFYING: Presenter: Steve Krupnik
3:00 P.M. TO 5:00 P.M. WORKSHOP/TEST
Tuesday November 12th, 2013
8:00 A.M. TO 10:00 A.M. DEALING WITH AFFLUENT CUSTOMERS: Presenter: Dan Bergman
10:00 A.M. TO 12:00 A.M. PROPER LOAN EVALUATION: Presenter: Gregory Engstrom
12:00 A.M. TO 1:00 P.M. LUNCH
1:00 P.M. TO 3:00 P.M. COPING WITH DISGRUNTLED CUSTOMERS: Presenter: Greg Engstrom
3:00 P.M. TO 5:00 P.M. WORKSHOP/TEST
5:00 P.M. TO 7:00 P.M. DIAMOND TRADING ROOM
Wednesday November 13th, 2013
8:00 A.M. TO 10:00 A.M. TECHNIQUES TO MAXIMIZE LOAN BASE RETURNS: Presenter: David Schoeneman
10:00 A.M. TO 12:00 A.M. PRECIOUS METALS AND GEMSTONE REFRESHER: Presenter: Jackie Nitzschke
12:00 A.M. TO 1:00 P.M. LUNCH
1:00 P.M. TO 3:00 P.M. DIAMONDS: Presenters: David Schoeneman & Jackie Nitzschke
3:00 P.M. TO 4:00 P.M. WORKSHOP/TEST
4:00 P.M. TO 5:00 P.M. AWARDING OF CERTIFICATES OF COMPLETION AND CLOSING
At the end of each day the instructors for that day will gather to discuss the day�s teachings, with interacting questions with the attending pawnbroker students. Bring your melee to sell at the Tuesday's Evening Diamond Trading Event! Cash in hand, and your education might be free!
Registration

THREE (3) DAY MIDWEST PAWNBROKER BOOT CAMP $300.00 PER PERSON

Download the registration form below and fax it to our offices at: (219) 477-4499

Midwest Pawnbroker Boot Camp Registration Form

Fill out the registration form and send with a check to:

Midwest Pawnbroker Bootcamp
1420 E. Chicago St.
Valparaiso, IN 46383


Location

EMBASSY SUITES INDIANAPOLIS NORTH
3912 VINCENNES ROAD
INDIANAPOLIS, IN 46268
TELE: 317-872-7700
CONTACT: VICKI CARTER

ADDITIONAL HOTEL DETAILS


View Larger Map Don't forget to mention you are attending the Midwest Pawnbrokers Boot Camp to receive our special room rate of $115.
Contact

Phone: (219) 261-3173

Fax: (219) 477-4499

Address:
Midwest Pawnbroker Bootcamp
1420 E. Chicago St.
Valparaiso, IN 46383