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 » RockyTalky
»  » price increase
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price increase |
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| P: 1/18/2005 5:17:06 PM | |
Paul-Antwerp Ideal Rock Total Posts: 1,908 Last Post: 11/23/2009 Member Since: 9/3/2002 |
Over the past year, we have seen a number of price increases of rough diamonds. At first, I had mixed feelings about these increases, because on the one hand, I saw an oversupply of polished diamonds in the market, while on the other hand, I saw a long term undersupply of rough, with basically no substantial new deposits found these last years. With our heart being closer to the consumers' market, we took the position of trying to maintain a constant pricing policy, since the oversupply of polished would probably dictate rough prices downwards again. When we look at the market today however, we see that there is a genuine shortage of bigger size-polished, and although many sites still show a high number of available stones, the question is how many of these stones are really still available. On the other hand, last week's price increase clearly shows that the direction of rough prices is still up, and conditions in this market indicate that, this year, there will continue to be an upward pressure on prices. With this in mind, and looking at our company's position, it is clear that we cannot maintain our policy of constant prices. Effective today, we have decided that we need to adapt our prices to current market conditions. This translates in a current increase of 5%. We will need to evaluate our position within a few weeks in order to establish whether this increase was sufficient. All our dealers have been informed about this situation, and they understand that we had no other way. I hope that you all understand that this is not a matter of greed, but definitely a matter of securing our long-term-viability. And may I end with a final warning? As much as I dislike the situation, it is important for consumers to understand that we are not at the end of upward pressure on rough prices. I thank you all for your support, and I assure you that I did not like writing this post. Live long, Paul Slegers Infinity Diamonds www.CraftedByInfinity.com |
| Posted: 1/18/2005 5:17:06 PM | |
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There are 9 replies to this message. There are 9 replies on this page. |
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| P: 1/18/2005 7:23:51 PM | |
Richard Sherwood Ideal Rock Total Posts: 4,879 Last Post: 11/23/2009 Member Since: 9/25/2002 |
I think we should give Paul 10% because he's such a nice guy. Rich, Independent GG Appraiser |
| Posted: 1/18/2005 7:23:51 PM | |
| P: 1/18/2005 8:22:02 PM | |
strmrdr Ideal Rock Total Posts: 23,296 Last Post: 10/9/2009 Member Since: 11/1/2003 |
As much as I dislike price increases of any kind and disagree on some of the reasons the prices are going up im not going to rant about it. I know you dont have control of over it. As long as your diamonds are competitive in cost with the PS compitition and the dealers are top notch I will recomend your diamonds. ........... Karl has joined the diamond trade and is now posting as Karl_K |
| Posted: 1/18/2005 8:22:02 PM | |
| P: 1/18/2005 9:14:23 PM | |
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Richard Sherwood Ideal Rock Total Posts: 4,879 Last Post: 11/23/2009 Member Since: 9/25/2002 |
Storm's really a softie once you get past all the rage. Rich, Independent GG Appraiser |
| Posted: 1/18/2005 9:14:23 PM | |
| P: 1/19/2005 12:15:48 AM | |
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strmrdr Ideal Rock Total Posts: 23,296 Last Post: 10/9/2009 Member Since: 11/1/2003 |
Date: 1/18/2005 9:14:23 PM Author: Richard Sherwood Storm's really a softie once you get past all the rage. sssssssssssssssshhhhhhhhhhh you will ruin my reputation!! ........... Karl has joined the diamond trade and is now posting as Karl_K |
| Posted: 1/19/2005 12:15:48 AM | |
| P: 1/19/2005 2:49:38 AM | |
Dancing Fire Ideal Rock Total Posts: 10,221 Last Post: 11/23/2009 Member Since: 4/3/2004 |
Shoot the messenger !!!
it is always harder to find a "mind clean" stone than a eye clean stone. |
| Posted: 1/19/2005 2:49:38 AM | |
| P: 1/19/2005 4:23:32 AM | |
DiaGem Ideal Rock Total Posts: 3,927 Last Post: 11/21/2009 Member Since: 10/21/2004 |
Paul Antwerp, Dont be to sorry, its not in your controll.... and please dont forget there are still some items that are priced lower than 10 years ago. So if you compare diamond prices against other comodoties, (for example luxury goods!!!) diamonds are still backed up as far as pricing is concerned......., especialy when it comes to the big sizes of 5 to 10 cts. (the dealers are still using the same pricelist for a 5 ct. or a 10+ size, the only difference is that ONLY recently the discounts on the 10 ct+ sizes has been eliminated) I would imagine since we both know that the larger better diamond material is becoming scarcer the prices on larger fine quality diamonds are going to be the hardest hit (i mean in term of pricing). the larger the diamond and the better the quality the higher the pricejump...) And the consumer will have to understand that bigger means RARER!!!! And RARER means $$$$$ ********************** |
| Posted: 1/19/2005 4:23:32 AM | |
| P: 1/19/2005 4:34:26 AM | |
Garry H (Cut Nut) Ideal Rock Total Posts: 11,581 Last Post: 11/23/2009 Member Since: 8/16/2000 |
http://www.pricescope.com/idealbb/view.asp?mode=viewtopic&topicID=15538&num=30&pageNo=2 Leonids last update was November - but these are real pricescope vendor price rises and you can see they are substantial - much more than 5%. I believe it is common practice in america to tip 15% or more if you like the service. Al those who like Pauls diamonds, and the service of his hand picked vendors - we expect you to pay 15% more than the advertised price 
Garry Holloway FGAA DipDT |
| Posted: 1/19/2005 4:34:26 AM | |
| P: 1/19/2005 11:58:40 AM | |
JohnQuixote Ideal Rock Total Posts: 5,212 Last Post: 5/24/2008 Member Since: 9/9/2004 |
Date: 1/19/2005 4:34:26 AM Author: Garry H (Cut Nut) http://www.pricescope.com/idealbb/view.asp?mode=viewtopic&topicID=15538&num=30&pageNo=2 Leonids last update was November - but these are real pricescope vendor price rises and you can see they are substantial - much more than 5%. I believe it is common practice in america to tip 15% or more if you like the service. Al those who like Pauls diamonds, and the service of his hand picked vendors - we expect you to pay 15% more than the advertised price ...And parties who buy parcels of 8 or more should have the gratuity automatically added. 
John |
| Posted: 1/19/2005 11:58:40 AM | |
| P: 1/19/2005 12:04:34 PM | |
noobie Ideal Rock Total Posts: 1,318 Last Post: 9/21/2007 Member Since: 3/3/2004 |
What about a frequent buyers card? Buy five times, get the sixth one free?  I'd like that one!
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| Posted: 1/19/2005 12:04:34 PM | |
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