Get Smart! 3 Great Online Courses for Diamond Professionals

Posted by Rotem Biton on February 13, 2018

 

Knowledge is Power. Which explains why online courses have become so popular, with new platforms popping up regularly offering courses on practically any subject you can think of. According to Class Central, a whopping 58 million students signed up for at least one MOOC (massive open online course) in the past 5 years! Why are so many people turning to e-learning?

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Topics: Best Practices

A Guide to Jewelry Software Solutions

Posted by Zsolt Torok on October 24, 2017

Taking Jewelry Businesses to the Next Level

When a business owner gets to the point where their current business processes are getting increasingly complex and harder to track, it’s usually time for a change. For some companies, this change means that Excel spreadsheets are saved and put aside, and the data is imported to a system that can automate most of the processes that have been done manually in the past. Other companies seek to replace their current legacy system due to its lack of functionalities, lack of support, or for other reasons.

One of the first questions that comes up is: what kind of automation software can move my company to the next level? Many other questions follow. Should I choose a cloud-based, or an installed solution? Cloud options are not suitable for every organization. Generic software or jewelry specific software? You will find my answer at the end of this article.

In this article, I would like to summarize the software solutions that are aimed to help different segments of this industry.

Automated vs. manual tracking: Choose the right software and grow your jewelry business.

 

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Topics: Retail Marketing, Best Practices

Trading Diamonds Safely: Panel Discussion at JCK 2017

Posted by Shoshi Grossman on July 9, 2017

When trading diamonds online, it is vital to protect yourself from thieves and scammers. RapNet addressed the issue at this year's JCK Las Vegas by hosting a panel discussion on trading safely online.

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Topics: Best Practices, Safe Trading

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.

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Topics: Safe Trading, Best Practices

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.

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Topics: Diamond Trade, Best Practices

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