mjgabel2

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About mjgabel2

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So far mjgabel2 has created 67 blog entries.

Diamond Buyer Reviews

Let’s talk Reviews for a Minute Diamond Buyer Reviews are not always what they’re cracked up to be. Of course there are many legitimate reviews for everything on the web, but there are also those that work hard to appear true to their word. From car dealers to drug stores, reviews and review sites are plentiful. For people selling diamond jewelry or loose diamonds and are looking for the best option, here are three things to be wary of: Sites that offer a limited number of reviews Sites that are specifically reviewing diamond buyers Sites that use a rating system but have [...]

2017-05-25T13:30:33+00:00February 13th, 2015|Sell Diamonds|

Misrepresentation in the Marketplace

A friend of mine recently asked me to go shopping for an engagement ring with him. His jeweler of choice was one of the large national chain jewelers, mostly located in area malls. When we walked in, we were immediately greeted by a woman whose only goal seemed to be for us to open a line of credit with them – ironically my friend already had one. Then I began to notice a bit of misrepresentation. She asked him to point out any rings he was interested in. He chose a ring with a .33ct diamond in the center and [...]

2017-05-25T13:30:33+00:00February 3rd, 2015|Buy Diamonds|

Louis Vuitton vs Target

Successful brand names can help create an allure and the idea of high quality. A woman may choose to pay more for a leather handbag because it carries the name “Louis Vuitton” or she may choose to purchase a specific line of hair care products because she’s “worth it”.  Branding can help to distinguish products from their competitors while also creating the idea of consumer confidence. This is also a good way to increase profits as often times consumers are often willing to pay more for a name they know, recognize, and equate with high value or status. Diamonds are [...]

2017-05-25T13:30:34+00:00February 3rd, 2015|Diamond Industry|

The Diamond Pipeline: A breakdown of the world travels of diamonds, and who pays the bill

The fine jewelry industry seems to be perpetually filled with notorious mark-ups and yet what appear to be constant blow out sales. Diamonds fall directly into this mysterious game of price shopping, and sale hunting. How is it that a jewelry sales person seems to always be able to pull out a calculator and knock down the already 60% off price of a diamond engagement ring another few notches? Who is getting the good deal: are diamonds truly as expensive as they appear? At the retail end of the diamond spectrum, diamonds truly are as expensive as they appear, but [...]

2017-05-25T13:30:34+00:00February 3rd, 2015|Diamond Industry|

Diamonds Are Forever, But is their Value?

Diamonds; they are the quintessential representation of value, wealth, luxury, strength, sparkle, and beauty. According to De Beers Consolidated Mines Company of South Africa, “A Diamond is Forever”(De Beers, 2011). Diamonds are Forever: These four words seem to have capsulated the retail diamond industry and are responsible for planting a misconceived idea of a diamond’s value. Diamonds are one of the hardest natural materials found on earth, which makes them unique in their own right. Not to mention a rough diamond can be cut, faceted, and polished to give extraordinary light reflection that is difficult to match. Diamonds do in [...]

2017-05-25T13:30:34+00:00February 3rd, 2015|Sell Diamonds|

Taking a Step Back – diamond buying companies

In our previous blog posts, I have written mostly about the process and mechanics behind the diamond industry. Truths about the actual value of diamonds, as well as how they reach their price tag value by the time they reach a woman’s finger. While our website sheds light onto our massive crush on diamonds and personal interaction with clients, I thought I would take the time to explain why we are different than other diamond buying companies. Let’s spell it out.; I often use a car analogy when speaking of diamonds because it is often the easiest for most people [...]

2017-05-25T13:30:34+00:00February 3rd, 2015|Diamond Industry|

Knowing your diamond can spare one broken dreams

When it comes to selling something, whether it’s a complex electronic or a chocolate chip muffin, it is critical to know what you’ve got. If you were at a local bake sale and asked if the chocolate chip muffins had nuts in them, and the baker replied, “I don’t know”, you likely would not take the dive to check yourself, especially if you had a nut allergy! Let’s say the baker said that there are no nuts, but you looked at the price and each muffin was $15- you would ask yourself where this baker parked their spaceship. In order [...]

2017-02-08T22:35:55+00:00February 3rd, 2015|Know Your Diamond|

Fancy Cut Diamonds: Beauty is in the eye of the beholder

It seems that everywhere one turns there are new colors your supposed to wear this summer, the hottest shoes seen in store everywhere, right down to the newest engagement ring design Angelina Jolie is sporting. When it comes down to it though, these products only carry value if someone finds them appealing. The same bright orange shirt that looks amazing on one person may make another look like a pumpkin. The same game applies to Fancy cut diamonds, or “fancies”. A fancy cut diamond is any shape other than a round brilliant and includes popular cuts like princess, marquise, emerald, [...]

2017-05-25T13:30:34+00:00February 3rd, 2015|Know Your Diamond|

Ethical Standards in the Diamond Retail Industry

I want to start off by pointing out that these are blanket observations, and are my own. There are many loyal, trustworthy, and honest individuals in the diamond retail industry and it is important to give them credit for their efforts to keep the industry ethical, and to keep hard earned consumer confidence. Ethics. They seem simple enough to understand, but somehow are easily passed over, forgotten, or slipped.  Every sector of business, education, religion, even our lives has it’s own set and variety of ethics. Many overlap, and are fairly standard “rules” or moral principles of conducting oneself in [...]

2017-05-25T13:30:34+00:00February 3rd, 2015|Diamond Industry|

The Power of the Diamond Consult

In a busy season that has been filled with client appointments, phone consultations, and auctions this past week has stuck out above all others. I had two appointments this week that resulted in some reflection and a new drive that I feel is important to share! As I entered this business, I thought I would be putting my bachelor’s degree in social work into my bag of tricks, but not really ever using it – I was quickly proven wrong! I realized quickly that having my social work degree only helped me interact on a daily basis with my clients. [...]

2017-05-25T13:30:34+00:00February 3rd, 2015|Sell Diamonds|