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.

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Topics: Online Diamond Trading

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.

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

The Art of Networking in the Diamond Business: Seizing the Moment

Posted by Shoshi Grossman on February 17, 2016

As diamond buyers and sellers, we are always looking to make new connections and find original ways to promote ourselves. Networking is a great method to develop partnerships and relationships that will yield results if not now, then certainly in the future.

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Topics: Online Diamond Trading, How to Increase Your Diamond Supplier Base, Diamond Industry, Diamond Buyer, Diamond Market, increase jewelry store sales, Diamond Seller

Online Diamond Trading Myths It’s Time to Leave Behind

Posted by Debra Greenstein on February 15, 2016

In the diamond business, tradition can be hard to ignore. With such a complex and defined supply chain, many believe that there is no way to adjust existing buying, selling and distribution models to include a digital element. While more of the world’s economy has already moved online, the diamond industry cannot afford to get left behind.

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Topics: How to Grow Your Diamond Jewelry Store, Online Diamond Trading, Diamond Pricing, How to Increase Your Diamond Supplier Base, About Diamonds, Diamond Industry, Diamond Supplier, Diamond Buyer, Technology and Diamond Trading, Diamond Market, Diamond Seller

Dressing for Success: How to Obtain a Diamond Inventory Worth Boasting About

Posted by Debra Greenstein on February 15, 2016

There is a popular saying, “Don’t dress for the job you have; dress for the job you want next”. It’s not just a matter of wearing the right clothes, it’s knowing what it takes to be successful and looking like you deserve it at all times. People do it in the business world so why not do it in the diamond jewelry business? 

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Topics: How to Grow Your Diamond Jewelry Store, Online Diamond Trading, Diamond Pricing, How to Increase Your Diamond Supplier Base, Diamond Industry, Diamond Supplier, Diamond Buyer, Technology and Diamond Trading, Diamond Market, Diamond Seller, Online Diamond Trading Network

Stuck in a Rut? Get Some New Friends on an Online Diamond Trading Network

Posted by Debra Greenstein on February 15, 2016

We get by with a little help from our friends. Yes, that’s a line from a famous Beatles song, but it’s also the mantra for those in the diamond business looking for knowledge, inspiration and connections. And where’s the best place to find “friends” in your business? The answer shouldn’t surprise you – a diamond market community powered by data.

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Topics: Online Diamond Trading, Diamond Pricing, How to Increase Your Diamond Supplier Base, About Diamonds, Diamond Industry, Diamond Supplier, Diamond Buyer, Technology and Diamond Trading, Diamond Market, Diamond Seller, Online Diamond Trading Network

Diamond Trading: The New Supplier-Retailer Connection

Posted by Debra Greenstein on February 15, 2016

 

Mobile and web technologies have fundamentally changed the way people do business worldwide. While basic principles have remained intact, such as providing real value to customers, strategically expanding your business to increase profitability, and more, there are many tactics which have changed.  

Before we get into the effect that technology has had on individual diamond retailers and suppliers, let’s take a look at how it has impacted the diamond market as a whole.

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Topics: How to Grow Your Diamond Jewelry Store, Online Diamond Trading, Diamond Pricing, How to Increase Your Diamond Supplier Base, Diamond Industry, Diamond Supplier, Diamond Buyer, Technology and Diamond Trading, Diamond Market, Diamond Seller, Online Diamond Trading Network

Does Size Matter? Discussing Diamond Carat Weight With Your Jewelry Store Customers

Posted by Shoshi Grossman on January 26, 2016

Carat weight is likely to be the 4C in which most customers are more familiar. It is also the easiest characteristic to describe and present to your customers since size differences are more easily discernible. Furthermore, carat weight plays an important part in the overall value of a diamond because larger diamonds are more rare and therefore cost more. However, just because a diamond might be bigger, does not necessarily mean it will be the best choice for your customer.

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Topics: How to Grow Your Diamond Jewelry Store, Online Diamond Trading, Diamond Pricing, How to Increase Your Diamond Supplier Base, About Diamonds, Diamond Awareness, Diamond Industry, Online Diamond Jewelry Store, Diamond Characteristics, DIamond Jewelry Store, 4Cs, diamond weight, diamond carat

The Colorful World of Diamonds: Explaining Diamond Color to Your Customers

Posted by Debra Greenstein on January 19, 2016

 

Diamonds come in many colors and many different shades. From white, to striking “fancies,” the choice of diamonds for your customer can be colorless or full of color, depending on their preference. As a diamond retailer, being able to explain the variations in color, while describing the unique qualities of each variant in a positive way, will help your customer choose the diamond they find most beautiful.

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Topics: How to Grow Your Diamond Jewelry Store, Online Diamond Trading, About Diamonds, Diamond Awareness, Diamond Industry, Diamond Buyer, Diamond Characteristics, DIamond Jewelry Store, 4Cs, Diamond Color

Why Your Jewelry Store Needs a Virtual Diamond Inventory

Posted by Jonny Katz on December 23, 2015

In order to remain competitive in the marketplace, diamond jewelers need to be aware of, and leverage, the latest trends. This can range from knowing the most popular current and coming jewelry styles, to staying abreast of the ever evolving methods of reaching new customers, such as we do today with social media.

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Topics: How to Grow Your Diamond Jewelry Store, Online Diamond Trading, Online Diamond Jewelry Store, Technology and Diamond Trading, Virtual Inventory

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