Every gem dealer craves for quality in business and in every other commercial venture they indulge in. Selling of precious stones has always been a thriving business and one of the sort after gems in diamond. Is it your first time to deal in precious stones? Then read on to discover why you need a diamond consultant in your business.
A Good Advisor When It is Rough: Anyone can decide to deal in ready refined precious stones or you can get it when it is rough or uncut. Most like the rough gem venture because it is more rewarding and the specialist will be the guy you need to help in the sorting. This involves sifting the grain from its chaff plus grading the stone quality and stamping its mark-up price in line with the market rates.
Qualifying buyer/Seller: For a first transaction, you definitely do not know how to identify a potential buyer or choose the right seller. Remember the gem industry is a highly lucrative one, so you do not want your precious stones to land in the wrong hands. Working with a expert consultant is pretty safe; they can identify ideal buyers/sellers for you to trade with.
If there is any scammer trying to lure you, the gem expert will sniff them out. If you decide you go whole way alone without the consultant, your business gets exposed to swindlers who will either rob you in goods or price markups. Make sure you have someone experienced in gem business to every business meeting you attend.
Succeeding TTMs: A TTM is what is referred to as a Table Top Meeting in the gem world. This is where the buyer and seller meet on the table and cut a deal with each other. Why would you need a precious stone consultant in the picture? Because of a number of reasons.
They are the ones who will help set the table top meetings for you and once they are approved they can act as the brokers. If you are a first-timer, you need help to set a successful meeting; and a successful one is creating the illusion of great value so your buyer will be interested in what you have to offer. On the other hand, if you are buyer on the table, you need to know how to create low value in what is being offered.
The other trick you can use to your advantage is called the manifest. If your specialist is an excellent gemologist, they will show you how to use your manifest to make sure it creates a winning sale to the buyer. On the other hand if you are a buyer you need to bring down the sellers manifest or twist it to your advantage. As said before the business is cutthroat, so you need a gem expert to survive the game.
A good diamond consultant is a goldmine to you when you want to make a killing in your business. If he is adept on the job, he will teach you the laws of feasibility in the business. This simply means knowing which deals are safe to cut and which ones to stay off to avoid loss of time and capital.
A Good Advisor When It is Rough: Anyone can decide to deal in ready refined precious stones or you can get it when it is rough or uncut. Most like the rough gem venture because it is more rewarding and the specialist will be the guy you need to help in the sorting. This involves sifting the grain from its chaff plus grading the stone quality and stamping its mark-up price in line with the market rates.
Qualifying buyer/Seller: For a first transaction, you definitely do not know how to identify a potential buyer or choose the right seller. Remember the gem industry is a highly lucrative one, so you do not want your precious stones to land in the wrong hands. Working with a expert consultant is pretty safe; they can identify ideal buyers/sellers for you to trade with.
If there is any scammer trying to lure you, the gem expert will sniff them out. If you decide you go whole way alone without the consultant, your business gets exposed to swindlers who will either rob you in goods or price markups. Make sure you have someone experienced in gem business to every business meeting you attend.
Succeeding TTMs: A TTM is what is referred to as a Table Top Meeting in the gem world. This is where the buyer and seller meet on the table and cut a deal with each other. Why would you need a precious stone consultant in the picture? Because of a number of reasons.
They are the ones who will help set the table top meetings for you and once they are approved they can act as the brokers. If you are a first-timer, you need help to set a successful meeting; and a successful one is creating the illusion of great value so your buyer will be interested in what you have to offer. On the other hand, if you are buyer on the table, you need to know how to create low value in what is being offered.
The other trick you can use to your advantage is called the manifest. If your specialist is an excellent gemologist, they will show you how to use your manifest to make sure it creates a winning sale to the buyer. On the other hand if you are a buyer you need to bring down the sellers manifest or twist it to your advantage. As said before the business is cutthroat, so you need a gem expert to survive the game.
A good diamond consultant is a goldmine to you when you want to make a killing in your business. If he is adept on the job, he will teach you the laws of feasibility in the business. This simply means knowing which deals are safe to cut and which ones to stay off to avoid loss of time and capital.
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