Posts from — June 2009
How to Buy Jewelry Wholesale
Buying jewelry wholesale is really quite easy. The Internet gives you access to all of the wholesale jewelry companies you could ever need to make your selections, so you can buy exactly what you want or need – at very competitive prices.
There is a difference between online jewelry stores and online wholesale companies. Online jewelry stores sell jewelry at retail prices, even though the price may be slightly discounted. Wholesale companies sell jewelry at wholesale prices – which of course are cheaper than retail prices.
There are many sites where you can purchase directories of wholesale companies, but this really isn’t necessary. Just use a search engine like Google to find what you are looking for. If you are looking for an engagement ring at a wholesale price, for example, simply type ‘engagement ring wholesale’ into the search box – a whole slew of wholesalers who carry engagement rings will pop up in the search results.
Be aware that some wholesaler’s will only sell in bulk. Of course, if you just want to buy one engagement ring, you do not want to buy in bulk. But there are many companies that will sell just one item – you just have to look for them.
If buying online isn’t what you are interested in, consider joining a discount club, such as Sam’s. Here you will find jewelry at deeply discounted retail prices, which is the next best thing to jewelry wholesale prices – but again, the wholesale prices will be lower.
When dealing with an online wholesale company, you need to do several things. First, you want to be sure that you are buying the real thing. There are many companies out there that will advertise that their jewelry is ‘authentic.’ Read the sales copy very carefully, and educate yourself quickly. For instance, beware of words like ‘gold plated’ or
‘realistic.’ This is an indication that the jewelry isn’t gold, or that stones are fake.
Also find out if the company has a refund or exchange policy, as well as a 100% money back guarantee. This is important, and it will protect you if you find that you are not happy with the pieces you have purchased, or if they are of lesser quality than you expected.
Also consider using eBay to find jewelry wholesale prices. Again, use caution. Check the seller’s feedback and ratings, and make sure that you are dealing with a reputable person or company. If the jewelry is an important piece, use the escrow service that eBay recommends – even if you have to pay the escrow fees yourself!
June 18, 2009 1 Comment
Bonded Diamonds
Before you start shopping for diamonds, consider dealing with a bonded jeweler. Bonded jewelers sell bonded diamonds, and there are very few bonded jewelers in the world. In fact, out of all of the jeweler’s in the world, only about 5% of them are bonded. Buying a bonded diamond will cost more than buying a non-bonded diamond, but when you look at what you get with the bonded option, you will see that it is well worth the extra expense.
First, bonded diamonds have a buy back policy for the life of the diamond. No matter
how long you have had the diamond, you can take it back to the bonded jeweler and sell it back to him or her, for a 100% refund. If a jeweler does not offer a 100% buy back guarantee, for the life of the diamond, then you should take a closer look at the diamond to see what is wrong with it.
Bonded diamonds also have a breakage policy. If the stone breaks or chips, the bonded jeweler will replace it with a new one – one time. No jeweler would ever offer such a policy on any stone that was not 100% natural, so just the offer of such a policy should give you piece of mind concerning the quality of the diamond. Bonded diamonds are natural and untreated.
Bonded diamonds increase in value, with a fixed appreciation rate that is designed to keep up with inflation. This means that a diamond that is worth a certain amount of money today will be worth more in the future, as the price of diamonds continues to rise. This generally does not apply to buy backs, however. It typically applies to trade-ins.
Alternately, by purchasing a bonded diamond, you are protected against thepossibility of a market crash. If a market crash occurs, the value of diamonds will drop. However, the bonded jeweler guarantees to refund you the difference between what the diamond is now worth and what you paid for it before the market crash.
It may be difficult to find a bonded jeweler in your area, but if you can, this is who you want to deal with, as opposed to dealing with an un-bonded jeweler. Specifically tell the jeweler that you are only interested in bonded diamonds. You can find a bonded jeweler in your area by using various online resources, or by calling the local jewelry stores.
June 15, 2009 No Comments