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The leaders of this industry who are usually the big financially strong Companies are too busy turning numbers around...Date: 8/18/2008 5:09:27 PM
Author: strmrdr
The point is that the industry is playing the game in a dumb manner.
Why dumb..., I notice the majority of the chain playing along....
The historical controls in the industry and to some extent today allowed people and companies to go stagnant and stay in business.
Following the leader down the ideal cut path is another symptom of that.
Where are the industry leaders willing to take a challenge and be dynamic and engaging to consumers?
Sure there are some small companies here doing it but they aren''t big enough to lead the industry.
Where are the leaders capable of making an impact?
Where are the leaders of the industry?
Does it even have leaders other than the failed cartel and the people hanging on to the old system?
Why is every news report I see about something wrong in the industry?
There is lot of rough that will not cut into an ideal cut in today''s market for many reasons.
Isn''t it about time someone said hey we can do better than cutting them like we always have and selling them to unknowing consumers who mistakenly trust the wrong people?
If they cut tons of Ideal rounds and Princesses (see Johns chart above to get a sense of huge the huge quantities
The majority of jewelers are on the same boat..., designing jewelry with the easiest precision sized Diamonds is quick and safe..., remember commodity...
And apparently these Diamonds are considered the best...
Smaller Companies have smaller boats that rock faster in stormy waters which makes it easier for them to maneuver when needed or a must to survive..., so in bad weather like in todays US economy they need to be noticed and the way to get noticed is to be innovative!
I am happy to notice it happening more and more
Cant blame the industry leaders and they shouldnt be blamed..., they are doing the right and comfortable job for themselves and for most of the jewelers out there! Building demand on the commodity type Diamonds, while being aided by the most respectable labs...
A place like PriceScope has the great potential of becoming a stage for the jewelers who want to be different..., who want to get noticed..., its just a pity that its not happening to much
Take a look at the watch industry for example..., most brands have their regular products in plain metals (stainless, gold, plat, etc...), then they have the run of mill watches with pave rounds or invisible princess settings..., but you wont find a respectable watch Company today that doesnt design specialized watches which incorporate incredible work with precision cut fancy shaped Diamonds build to complete a puzzle to the shape of the watch..., and more!!!
Creativity at its best..., and the potential is tremendous!
There is no respectable watch Company today that doesnt offer their client sophisticated designs that blows almost all jewelry Companies out of the water!
I believe the jewelry industry has still a long way to go................
Especially after reading and participating in this thread