The Importance Of A Diamond Consultant In Gem Business

By Paulette Short


If you are a gem dealer, you definitely want to deal in quality and quality alone. There are so many gems to deal in today however one of the hot selling precious stones is diamonds. For anyone wanting to enter or is already in the diamond business, here are several reasons why you need a diamond consultant.

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.

Eligible Buyer and Seller: Not every buyer/seller is good for your business, thus you need the skill to identify the right stakeholders. Never leave the expert when you are at this stage because it is so easy to lose your commodity to the wrong hands. A gem expert understands the market, and they probably know all the legitimate gem traders; so it is wise to trust in their insight.

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.

More tricks to be learnt are on how to build a manifest with which you will use to base your price argument. How the manifest works is that if you are a buyer, you have to make sure you turn the sellers manifest the way round so it benefits you and vice versa. This is where a gemologist is highly needed who is the very specialist we have been talking about from the beginning.

A diamond consultant is definitely handy if it is a deal between rookie and veteran or rookie versus rookie. On top of that, the gem expert will teach you the importance of measuring feasibility in business deals. This means knowing which opportunities to invest in and which ones to pass up to avoid losing out.




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By Paulette Short


If you are a gem dealer, you definitely want to deal in quality and quality alone. There are so many gems to deal in today however one of the hot selling precious stones is diamonds. For anyone wanting to enter or is already in the diamond business, here are several reasons why you need a diamond consultant.

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.

Eligible Buyer and Seller: Not every buyer/seller is good for your business, thus you need the skill to identify the right stakeholders. Never leave the expert when you are at this stage because it is so easy to lose your commodity to the wrong hands. A gem expert understands the market, and they probably know all the legitimate gem traders; so it is wise to trust in their insight.

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.

More tricks to be learnt are on how to build a manifest with which you will use to base your price argument. How the manifest works is that if you are a buyer, you have to make sure you turn the sellers manifest the way round so it benefits you and vice versa. This is where a gemologist is highly needed who is the very specialist we have been talking about from the beginning.

A diamond consultant is definitely handy if it is a deal between rookie and veteran or rookie versus rookie. On top of that, the gem expert will teach you the importance of measuring feasibility in business deals. This means knowing which opportunities to invest in and which ones to pass up to avoid losing out.




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