The idea of diamonds trading as commodities has been around for decades. Martin Rapaport proposed a futures market for diamonds with New York Commodities Exchange as early as 1982. Many investment experts believe there is a place for diamonds in…
Just in case you haven’t heard, RapNet announced it will no longer list diamonds with EGL reports on their trading platform to eliminate possible confusion over grading standards. This action is, in part, due to the high profile lawsuits over…
It is show season. Two of the most important events, the Bangkok Gems & Jewelry Fair and the Hong Kong Jewellery & Gem Fair, are occurring this month. Attending these shows can be rewarding and profitable. They can also be…
I recently went to my local hardware store to buy the supplies I need to replace a torn widow screen. With the tools, materials and screen cut to order I expected to pay around $25. I shop at this store…
Most jewellers have at least one thing that sets them apart as an expert. It could be a passion for diamonds or gemstones. Perhaps it is custom design or the ability to repair almost anything. Use your knowledge or skill…
It can be frustrating for a jewellery store to create a web-based selling platform. It is difficult to fully portray the look and feel of your brick and mortar store. It doesn’t matter how good your web designer may be,…
The next few weeks are traditionally the slowest for retail jewellers. Many jewellers use this time to do a deep cleaning in the store; steam cleaning carpets, replacing polisher filters, cleaning off the workbenches should all be part of the…
In the U.S., virtually any supplier of specialized goods or services is required to have some form of licensing and/or certification beyond a standard business permit. In most cases additional training and testing is required to qualify for the license.…
Selling is both an art form and a skill. Some people have an innate ability to persuade; others need to practice hard to achieve results. Selling jewellery is particularly challenging because of the cost involved for nearly invisible differences so…
Last week I talked about selling the love. This week I’ll explore another way to create interest in your jewellery…selling the story. Jewellery has been around since the dawn of humans on this planet. It is perhaps one of the…
