Facet Definition: What You Need to Know

Posted by Mike Botha on March 28, 2017

Every facet on a diamond fulfills a specific function. The crown facets are the ‘windows’ of the diamond which let light enter and exit a diamond. The pavilion facets are the ‘work horses’ that reflect light back through the crown facets. It is important that facets be placed in the correct positions and on the correct angles to perform their task effectively. The crown and pavilion facets have to line up perfectly. Also, all the facets have to be polished, so that they are free of any polish lines, abrasions or other surface anomalies that could compromise light reflection. After all, any diamond is only as good as its worst facet.

Read More

Topics: About Diamonds, Diamond Characteristics, Diamond Cutting, Painting and Digging Diamonds, Diamond Facet Definition

Does Your Logo Need a Makeover?

Posted by Ellen Fruchtman on March 7, 2017

We’re only a few months into the new year. A clean slate. So there couldn’t be a better time to take a hard look at who you are as a company and who you want to be. And in marketing, who you want to be generally has something to do with who you want to see walking in your store. In other words…your target market. Many retailers are looking to become a bigger bridal store. Others are venturing into more custom or estate. If it’s changed over the course of many years, it’s time to look at everything you do, from the inventory you carry to the staff representing you and yes, to your marketing. That begins with your corporate logo.

Read More

Topics: How to Grow Your Diamond Jewelry Store, Diamond Buyer, DIamond Jewelry Store, increase jewelry store sales, Marketing your diamond jewelry store, Branding your jewelery store

The Diamond Retail Evolution

Posted by Benji Margolese on February 15, 2017

The dynamic between the customer and a company is delicate. When a company evolves, customers must learn to adapt to its new ways. Similarly, when customer patterns change, the market needs to be ready and willing to tend to their needs. If either party remains static, the healthy dynamic gets lost.

Read More

Topics: How to Grow Your Diamond Jewelry Store, Diamond Awareness, Diamond Buyer, DIamond Jewelry Store, increase jewelry store sales, Selling Diamonds, Diamond Seller, Customer Service, jewelry store customer retention

Trading Safely Online: Top Tips for Avoiding Email Fraud, Phishing Scams and Hackers

Posted by Shoshi Grossman on January 24, 2017

Trading online has many great advantages. It’s easy, efficient and cost effective and opens you up to a world of diamonds and inventory which would otherwise be difficult to access. However, as with all business matters where money and high value items change hands, you must be sure to trade smart in order to avoid falling victim to would-be fraudsters.

Read More

Topics: Online Diamond Trading, Diamond Supplier, Customer Security, Protecting your jewelry store, Diamond Seller, Safe Trading

A Retailer’s Guide to Natural Fancy Color Diamonds

Posted by Racheli Fuld on January 5, 2017

The diamond and gemstone industry is somewhat of an enigma. On one hand it is all about keeping up with the latest fashions and trends, yet on the other hand, its product is stones that have been on this planet since ancient times.

While diamonds, sapphires, emeralds, rubies and the various semi-precious gemstones have been worn and appreciated by different civilizations for centuries upon centuries, now ancient natural fancy color diamonds are coming into demand. So much so that many of the biggest jewelry companies, like Zales, Tiffany & Co., and Blue Nile have started heavily increasing their yellow diamond collections over the past year.

Read More

Topics: About Diamonds, Diamond Trends, Diamond Buyer, Diamond Characteristics, DIamond Jewelry Store, Diamond Color, Diamond Settings, Fancy colored diamonds

Turning Damaged Inventory Into Profits

Posted by Evert P. Botha on December 6, 2016

If you don’t have a relationship with a diamond cutter (someone who actually cuts diamonds), chances are you’re missing out on countless opportunities to realize additional revenue for your business. Hidden in your safe or stashed away at the back of your drawer are the lesser diamonds, which you’ve taken in over the years. They may be chipped, scratched, burnt or broken - damaged goods in dire need of repair. More than likely, you have thousands of dollars tied up in diamond inventory that you aren’t able (or prepared) to show in their current condition.

Read More

Topics: Diamond Certification, Diamond Characteristics, Selling Diamonds, Diamond Cutting

6 Myths About Online Diamond Trading – DEBUNKED!

Posted by Shoshi Grossman on November 1, 2016

With so many industries making the transition from brick and mortar to the cloud, the diamond industry is following suit. But should it be? Or is going online a necessity for jewelers looking to survive in what seems like an inevitable industry-wide shift? Furthermore, does the internet actually make sourcing and selling diamonds easier, more convenient and less expensive? Or is it an unnecessary waste of time?

Find out the answers to these questions, as we debunk six of the most widespread myths surrounding the transition to buying and selling diamonds online.

Read More

Topics: Online Diamond Trading, Diamond Pricing, Diamond Supplier, Diamond Buyer, Technology and Diamond Trading, Diamond Market, Selling Diamonds, Diamond Seller, Online Diamond Trading Network

How to Negotiate Like a Boss in the Diamond Trading Business

Posted by Shoshi Grossman on September 27, 2016

Diamonds Traders value honor and tradition almost as much as they value the diamonds themselves. So when buying and selling diamonds, it is crucial to know and follow the unspoken rules of negotiation.

Read More

Topics: Diamond Pricing, How to Increase Your Diamond Supplier Base, Diamond Supplier, Diamond Buyer, Selling Diamonds, Diamond Seller

From Princess to Cinderella – How to Cut a Princess Diamond

Posted by Mike Botha on September 6, 2016

One of the things we have discovered after serving the jewelry industry for many years through our dedicated diamond re-cut and repair service is that Princesses form a disproportionate percentage of repairs. It is also the most abused and butchered of all diamond shapes. Over the years I have seen it all. Out of center culets, misaligned girdles, no girdles, Great Wall of China girdles, steep and flat facet groups and diamonds proportionately compromised with weights that they had no right to. But that is not all.

Read More

Topics: About Diamonds, Diamond Awareness, Diamond Characteristics, Diamond Cutting, Princess Cut Diamonds

8 Reasons You Need to be on an Online Diamond Trading Network Today

Posted by Shoshi Grossman on August 10, 2016

These days, 41% of people spend most of their time online with colleagues in professional networks. Joining a community dedicated to all things diamond, provides a unique place to find current market and pricing information and exchange ideas with other people interested in diamonds and diamond jewelry.

Read More

Topics: Online Diamond Trading, Diamond Pricing, How to Increase Your Diamond Supplier Base, Diamond Trends, Diamond Buyer, Diamond Market, Diamond Seller, Diamond History

Subscribe to RapNet's Blog

Get the latest tips & tricks, best practices, and advice on the diamond market, straight to your inbox.

Recent Posts