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Tiffany''s Evaluation?

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Pad....Tiffany has it's issues just like everyone else. Re-read what I said about the poster who came on and was miserable with her oodles of Tiffany jewelry because they were screwing her on customer service. They sent her rings off to have them serviced somewhere, lost them in transit, diamonds were falling out, all sorts of nightmares. She noted that her hubby bought from Tiffany because he thought that it gave them peace of mind and they were paying for QUALITY items and great customer service. Apparently not...she was very disillusioned.



That shows us all that Tiffany is HUMAN...so to speak, can also make mistakes and is not perfect. I personally would take my money elsewhere, where the chance of me getting bad customer service is probably the same % as Tiffany's....but it's 40% cheaper to begin with.

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But that's just ME!

 


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On 1/23/2004 8:27:23 PM lop wrote:





Some are just jealous....but probably not too many on this forum. They seem to all be pretty darn informed and opinionated!
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Opinionated? (incredulous gasp)......US????



NAAAAAAAAAAAHHHHHHHH!
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On 1/23/2004 8:35:24 PM Mara wrote:


I know F&I is jealous, because she wishes her 3c stone was D IF.


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But, I'm too lazy to turn around & click my heels 3x. Oh, gotta love the classics! I'm probably the only one that misses mr. pighead.

To topic - Tiffany's is not the only retailer that says they stand behind their product. Many places do & do so without all the bureaucracy.
 
Ok, "facts" aren't facts just because you say they are. Facts are things that are backed up with hard data. Where is the PROOF that tiffanys does not design or manufacture their own ring? I guarantee that if I call tiffanys right now, they will NOT confirm that statement as fact.

Here's the bottom line for me... I asked my girlfriend if, cost aside, I were to present her with a 1 ct tiffanys engagement ring and a 1 ct high quality engagement ring from somewhere else, which one would she choose? Tiffanys, duh... OK. The I asked, what if, nevermind cost, I were to give you the choice of a .7 ct tiffanys engagement ring and a 1 ct high quality engagement ring from another reputable source? Again, tiffanys... duh!

I feel very confident in generalizing this to the general public. 999 times out of 1,000, I guarantee that given the choice, a woman would choose a tiffanys ring over a non-tiffanys ring. Who cares about supposed better cut, brilliance, quality, etc...? I don't understand people that claim to be making an investment. You're not going to sell the thing later. So what kind of investment is it? It's a status symbol, pure and simple. Why else do they come in different sizes? Why does someone need a 1.5ct diamond over a .8ct? Status... Tiffanys has set the standard for all other engagement rings.
 
It's all mental... lol... duh!!! There's a very well known saying in marketing: "perception is reality". Real value is created based on peoples' perception. Look at those retarded Tickle Me Elmo toys a few years back. They didn't cost a lot to make, but they had real value because of peoples' perception that they were hard to get. That value could be realized by selling it.

So saying that "It's all mental" is meaningless. Of course it's all mental. What do you think sets the price of diamonds in the first place? It's all about the diamond industry changing peoples' perception of the availability of the product.
 
Man, you people just don't get it... If you were a baseball fanatic, do you think you would rather have a ball that was hit out of the park by Babe Ruth, or a ball from the local sports store? The newer ball is probably much better quality. And the ball isn't signed by Babe Ruth, so it might be the case that nobody even believes you. But you would sure as hell feel better and more special knowing that you had the Babe Ruth ball. And you would probably be willing to pay a lot more for it than you would for the newer one. Hey, Babe didn't even make the stupid ball, but it still has more perceived value.
 
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On 2/6/2004 6:12:52 PM wayne_227 wrote:

Ok, 'facts' aren't facts just because you say they are. Facts are things that are backed up with hard data. Where is the PROOF that tiffanys does not design or manufacture their own ring? I guarantee that if I call tiffanys right now, they will NOT confirm that statement as fact.

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Oh my , what would Friday be w/o a Tiffany post.

Fact - They have vendor codes on many of their pieces that are sourced from those vendors. Believe what you may, my knowledge is first hand w/ over 15 years of experience & thousand of objects passing through my hands.
 
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On 2/6/2004 6:12:52 PM wayne_227 wrote:

Ok, 'facts' aren't facts just because you say they are. Facts are things that are backed up with hard data. Where is the PROOF that tiffanys does not design or manufacture their own ring? I guarantee that if I call tiffanys right now, they will NOT confirm that statement as fact.

I feel very confident in generalizing this to the general public. 999 times out of 1,000, I guarantee that given the choice, a woman would choose a tiffanys ring over a non-tiffanys ring.

Tiffanys has set the standard for all other engagement rings.----------------
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Interesting that you state your opinion as fact. So, you have personally surveyed 1,000 women?

Your opinion is just that - your opinion. And, I don't happen to agree.
 


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On 2/6/2004 6:24:08 PM wayne_227 wrote:











Man, you people just don't get it...

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This thread was soooo last month...if you want to start a Tiffany debate for the thousandth time (no one's minds will be changed in the discussion, but it's a guaranteed quick 50 responses)....at least start a new thread!
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I will have to pass on this one though...that pesky moving into a new house thing!
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Happy Friday all...
 
Are we talking about "many of their products" or are we talking about their diamond engagement rings? I'm not talking about the silver bracelet touristy crap they sell for $100.

And look, your spouting out credentials means nothing to me. I could just as easily claim that I have 50 years experience working in the diamond industry or the high-end jewelry industry. Blah, blah, blah... I could also say I'm the pope. Where's the PROOF??? Submit a link to an article in Fortune magazine (just an example) or some credible jewelry source where they sent out investigative reporters and discovered that Tiffanys diamond engagement rings were designed and manufactured by some third-world sweat factory. I'm waiting... Anything will do...
 
I said I was generalizing... helloooooo? Of course it's my opinion. Every word I type or spout out of my mouth is my opinion by default. I never claimed my statement was fact...
 
Hey, hey... This isn't my thousandth debate... This is the first time I've come across this site. So indulge me. This is fun.
 
It seems to me, after spending all of ten minutes on this site, that there are two types of posters here: those that own tiffanys products, and those that wish they did and are bitter because they don't. Don't be a hater. Admit it... YOU ALL WISH YOU HAD A TIFFANYS DIAMOND ENGAGEMENT RING!!!!
 
Wayne -- your posts are so argumentative, and why three in a row with no responses? Who are you talking to anyway? This thread is a month old. Why would you spend your time arguing with a bunch of strangers about their opinions on a jewelry store? If you like Tiffany's good for you. If other people don't, good for them. You seem so angry about it all -- why is that?
 
Happy Friday everyone. Have a great weekend!
 
Yes, it must be Friday! Yee-ha!
 
YAWN.....are we at this again?




You've got to be kidding me. Who blew the wind into your sails today, Wayne?
 
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On 2/6/2004 6:43:28 PM Robyn12 wrote:

Wayne -- your posts are so argumentative, and why three in a row with no responses? Who are you talking to anyway? This thread is a month old. Why would you spend your time arguing with a bunch of strangers about their opinions on a jewelry store? If you like Tiffany's good for you. If other people don't, good for them. You seem so angry about it all -- why is that?----------------
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Here, does this make you feel better? I know some people have difficulty putting 2 and 2 together... Why three posts in a row? Because I was responding to three different posts made by other people and I didn't want to include their original posts. I assumed they could figure it out.

Why would I spend time arguing with strangers? Well what the hell are you doing right now? I don't know you. We're all strangers. Why don't you go and ask that question to the other thousand people that have posted their opinions on here.

My posts are argumentative... duh... When trying to make an argument - i.e. defending one's position - you tend to be argumentative. Think about it for a while. You'll understand eventually.

So are you like the posting police? If you have an opinion that's different than mine then step up to the plate and put in your 2 cents. Otherwise, do me a favor and keep your little wanabe psychological analysis to yourself...
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On 2/6/2004 6:48:23 PM aljdewey wrote:


YAWN.....are we at this again?


You've got to be kidding me. Who blew the wind into your sails today, Wayne?


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yawn? lol wind in sails...? LOL I love it when people can't put together a real argument, so they try to come across as high and almighty and above the other person. It screams "I'm not intelligent so I'll have to resort to attacking the person rather than the issue". This is too easy...
 
Lunatic, party of one, your table is ready.
 
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On 2/6/2004 6:12:52 PM wayne_227 wrote:

Ok,
Here's the bottom line for me... I asked my girlfriend if, cost aside, I were to present her with a 1 ct tiffanys engagement ring and a 1 ct high quality engagement ring from somewhere else, which one would she choose? Tiffanys, duh... OK. The I asked, what if, nevermind cost, I were to give you the choice of a .7 ct tiffanys engagement ring and a 1 ct high quality engagement ring from another reputable source? Again, tiffanys... duh!

I feel very confident in generalizing this to the general public. 999 times out of 1,000, I guarantee that given the choice, a woman would choose a tiffanys ring over a non-tiffanys ring. Who cares about supposed better cut, brilliance, quality, etc...? I don't understand people that claim to be making an investment. You're not going to sell the thing later. So what kind of investment is it? It's a status symbol, pure and simple. Why else do they come in different sizes? Why does someone need a 1.5ct diamond over a .8ct? Status... Tiffanys has set the standard for all other engagement rings.----------------
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I care a lot about better cut and light return. If I were willing to pay a 30-40% mark-up for a non-internet brand name, I would choose Eightstar over Tiffany's hands-down because I can see the superior light return and incredible flashes of color with my eyes. That said, as much as I lust after 8*s, I have more practical things to spend money on, so if I ever decide to buy a round diamond, I would buy a super ideal like an ACA online and use the price savings to have a very talented craftsman like Mark Morrell create a very fluid platinum design to hold the gem.

I am not a Tiffany's hater. If you and your girlfriend enjoy what you buy there and feel the premium is worth it --good for you. We looked at e-rings at Tiffany's, but quite frankly their settings did little for me and I was not willing to pay the premium for their stones since I knew I could get a better cut for less money elsewhere.
 
Hey Wayne:

If you are REALLY interested in finding out the pros and cons of Tiffany and everyone's opinion of Tiffany, then I suggest you do a search. There are a LOT of threads that address this particular topic. A lot of people here have very different opinions of Tiffany and their products, it's actually pretty informative to go through those older threads.


If you just want to get some anonymous thrill being so argumentative, then I'm not taking the bait. It's only fun when you get to argue face to face anyway.
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geeeeeezzzz.... I leave again and come back to a Friday Tiffany's debate, but it's old news!

whatever makes your mop flop. isn't that what we have agreed to disagree about 1000 times?
rolleyes.gif





and btw Robyn12...."Lunatic, party of one, your table is ready." rofl
 
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On 2/6/2004 7:02:07 PM Robyn12 wrote:

Lunatic, party of one, your table is ready.----------------
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LOL... 3rd grader, party of one, your brown bag lunch is ready... fool...
 
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On 2/6/2004 7:07:07 PM Kay wrote:



I care a lot about better cut and light return. If I were willing to pay a 30-40% mark-up for a non-internet brand name, I would choose Eightstar over Tiffany's hands-down because I can see the superior light return and incredible flashes of color with my eyes. That said, as much as I lust after 8*s, I have more practical things to spend money on, so if I ever decide to buy a round diamond, I would buy a super ideal like an ACA online and use the price savings to have a very talented craftsman like Mark Morrell create a very fluid platinum design to hold the gem.

I am not a Tiffany's hater. If you and your girlfriend enjoy what you buy there and feel the premium is worth it --good for you. We looked at e-rings at Tiffany's, but quite frankly their settings did little for me and I was not willing to pay the premium for their stones since I knew I could get a better cut for less money elsewhere.----------------
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Eightstar??? Brand name? Where are you from? I've never even heard of Eightstar. Tell ya what, if you want to come back and argue that it's brand name, then answer me this... If we went out and conducted a poll of 1,000 people off the street, how many do you think would have heard of Eightstar and how many would have heard of Tiffany? Eightstar...

I went to the jewelry district in LA last weekend and looked at stones from a supposed highly-reputable place with recommendations from numerous sources. I then went to Tiffany. The Tiffany diamond was so much more brilliant than the others I had seen, it was rediculous. I can't even imagine a more brilliant stone, nor would I want to.

...and you lost all credibility when stating that you have more "practical" things to spend money on. The purchase of a diamond engagement ring isn't practical. In fact, I would argue that the purchase of any piece of expensive jewelry isn't practical. It's all about the bling bling for the little lady and showing that you have good taste and lots of money.

Now, regarding the setting, that's probably the most reasonable thing I've seen anyone in here write. I wholeheartedly agree... If you don't like the setting, then it's a non-issue. Go elsewhere. I personally love it and so does my g/f.

That said, let's get back on topic (tiffany hater)... Consider the following scenario. Two girls are at their highschool reunion. One has a 1ct tiffany engagement ring, and the other an eightstar 1ct ring. The old girlfriends gather around the two... "Oh my god, your ring is so nice, where did you get it". Girl 1: "tiffany". Reply: "ooooo, aaaaaaahhhh, wow". Back of their minds: "this girl found herself a rich generous man". Girl 2: "we got this from eightstar. it's just as good as tiffany, in fact it's better and much cheaper" Answer: "oh interesting". Back of mind: "LOL, poor girl married a cheap poor bastaard".

Face it ladies, YOU ALL WANT TIFFANY!!!!
 
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On 2/6/2004 7:25:38 PM lop wrote:

geeeeeezzzz.... I leave again and come back to a Friday Tiffany's debate, but it's old news!

whatever makes your mop flop. isn't that what we have agreed to disagree about 1000 times?
rolleyes.gif





and btw Robyn12....'Lunatic, party of one, your table is ready.' rofl



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You're not serious are you? "Good one Johnny" (kisses johnny's butt) You're one of those followers huh?

Agree to disagree? Sheesh... and you people wonder why you can't afford Tiffany. You have to fight for what you believe. That's how you become successful.
 
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On 2/6/2004 7:09:05 PM sumi wrote:

Hey Wayne:

If you are REALLY interested in finding out the pros and cons of Tiffany and everyone's opinion of Tiffany, then I suggest you do a search. There are a LOT of threads that address this particular topic. A lot of people here have very different opinions of Tiffany and their products, it's actually pretty informative to go through those older threads.


If you just want to get some anonymous thrill being so argumentative, then I'm not taking the bait. It's only fun when you get to argue face to face anyway.
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I think I've heard enough. All people keep saying is that they can get the same "quality" generic engagement ring for cheaper. Big deal. Nobody has told me that Tiffany produces a sub-standard product. In fact most everyone agrees that they produce a great product. They just want to save a buck. So it seems to me that it comes down to the fact that either you can afford it, or you can't. All this other B.S. about getting a "better quality" diamond is junk. 99.99% of people wouldn't be able to tell the difference between your supposedly better quality diamond and a tiffany diamond. Tiffany has hit the threshold of quality where you can't tell with the naked eye. It's like arguing that you need a vvs1 over a vvs2. Please... Like anyone could tell. But say it's from tiffany and you wow people. The jealousy sets in. Tiffany is the standard bearer for diamond engagement rings and every little girl wants one and everyone knows it.
 
Next...
 
Where are you conducting these 1,000 person polls? Your perception of Tiffany is quite unusual. I think most people agree that Tiffany is actually very middle america -- that's why a lot of people here don't buy it. A lot of people simply consider it lame. The Tiffany name is not really a status symbol anymore (if it ever was), unless you are a high-schooler, or as naive as one. It is a mall jeweler, at its heart. I would be embarrassed to say my ring was from Tiffany, because in my personal opinion, the name implies a certain level of contrived cheesiness.

Most engaged women have men they can brag about at reunions, so there is no need to brag about where their ring was purchased. Truly classy people do not brag about where their ring was purchased anyway, and try as hard as you may, you will never be able to buy class (not even from Tiffany). If you and your girl really want to try to prove something to people with labels, try classing up a little and get a ring from cartier or harry winston or fred leighton. Those names carry status, and are respected among the people who you so desperately want to be like. Tiffany rings can be pretty, sure, but I don't think they are considered as classy and exclusive as you seem to think they are. But then, I guess that depends on who your friends are. Maybe your friends will buy into it and finally have some respect for you. In fact, I'll bet they will!

Good luck to you!
 
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On 2/6/2004 8:02:45 PM wayne_227 wrote:

Next...----------------
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Next:
How do you feel about the margin?

In the fourth quarter and full year 2002, gross margins (gross profit as a percentage of net sales) were 59.7% and 59.3%, compared with 60.9% and 58.7% in the prior year.

That means that if they sell $10,000 of product their cost of purchasing the goods is about $4,000.
They have costs of doing business of about $5,000 for every 10k and so the share holders earn about $1,000 for every 10k you spend.

this information is all available on the Tiffany website
http://www.shareholder.com/tiffany/releasedetail.cfm?ReleaseID=102625
 
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