November 28, 2020

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What Do You Need to Know Before Buying Wholesale Loose Diamonds

What Do You Need to Know Before Buying Wholesale Loose Diamonds

Did you know that loose diamonds can also be sold as a wholesale product, which is almost similar to how food or industrial products are being sold?

It doesn’t mean these loose diamonds are of lesser quality. It’s just that the loose diamonds are sold at affordable and cheaper prices these days that even a common man can afford it. The same products you get to see on the Shira-Diamonds.com dealer of loose Diamonds.

In the past, buying a diamond wasn’t as easy as it is today. The advent of the internet has maximized the supply chain, and many loose diamonds jewelry dealers are now ready to sell their items straight to the customers. The wholesale diamond dealers offer loose diamonds to the customers at lower prices than the local retail shops’ prices.

Most of the customers who reach out to the loose diamond wholesalers are usually the retailers. They get a reasonable price on their purchase depending upon the purchase volumes. It gives them a decent room to profit by selling it out in the retail outlets or on their websites.

With the common man gaining access to the wholesale dealers, the retailers cannot enjoy the monopoly over the product. The competition and information exchange has benefited the end user since the retailers cannot overprice their products due to the fear of losing out on sales to their competition.

One of the most significant disadvantages of wholesale diamond jewelry is that the people are apprehensive about the diamond’s quality since it is offered at a lower price.

You need to gain adequate knowledge about loose diamonds before you venture out to buy loose diamonds from a wholesale dealer. Make sure the diamond company provides proper authentication information or certification on the product and its genuineness.

Precautions to be taken while selecting Wholesaler:

While selecting a cheap wholesale jewelry supplier for buying a diamond, make sure you deal with a company that offers a guarantee for the product and good after-sales service. You need to ensure that you don’t choose any product just based on the product.

How to get the best deal?

Are the diamond wholesalers in the market, providing you the right diamonds? Just follow the simple steps. The value of the diamond would depend on its quality. The cost of the diamond drops significantly, even due to the smallest of defects.

However, even though there are no diamond defects, the value would differ due to various reasons.

The main factors that determine the price of the diamond are:

1. Cut

2. Clarity

3. Color

4. Carat Weight

Make sure your wholesale diamond jewelry dealer discloses accurate information to you before they sell the product.

Since diamonds usually are high priced products, you need to make purchases from authentic sources that provide you with the proper certification on the products they sell.