(PRESS RELEASE) Did You Know?
- 70–80% of customers buy the same day they shop.
If you don’t have what they’re looking for, they’ll often buy elsewhere—usually within the first two hours of shopping.
- Stores that buy for stock sell 60% more than stores that don’t.
Bottom line: It costs you more not to have it!
Positive Outlook for the Jewelry Market
The Edge Retail Academy just published an article stating the October’s YOY Diamonds are up 7% in gross sales and up 9% in average retail retail sales.
In addition all Jewelry Products are up 13% in gross sales for October.
This trend is exciting especially going into the holiday season.
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Eliminate the Fear of Buying for Stock
Buying inventory can make jewelers nervous—but GN Diamond has developed an attractive, trade in policy.
With GN Diamond’s Trade In Guarantee, retailers can confidently buy natural loose diamonds and finished jewelry for stock.
If turnover isn’t as strong as expected, you can exchange loose natural diamonds for loose natural diamonds and finished jewelry for finished jewelry—no risk, no stress.
Why Buying for Stock Boosts Revenue
GN Diamond helps independent jewelers increase profitability and strengthen their bottom line in three key ways:
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- Satisfy Customer Demand
Most shoppers want to buy jewelry the same day they visit your store. Stocking the right items at competitive prices ensures you can satisfy walk-ins and impulse buyers immediately.
- Keep Bread-and-Butter Items on Hand
Best-selling items—like diamond studs, tennis bracelets, and Riviera necklaces—drive consistent revenue. Having these fast-moving products in stock year-round keeps sales flowing.
- Compete with Online and Big-Box Retailers
Today’s customers research prices online before shopping. If you don’t have what they want right then and there, they’ll purchase elsewhere. GN Diamond offers a full line of competitively priced diamond studs and other high-demand pieces to help independent jewelers thrive.
GN Diamond: The Best Source for Stock
GN Diamond maintains a $90 million diamond inventory featuring over 9,000 loose, certified GIA.
Each diamond includes:
- 3D images and 360° video
- Light performance analysis
- Gemprint ID
- Official certifications