(PRESS RELEASE) 2025 is off to a great start with natural diamond sales continuing to grow as lab diamond sales are leveling off. According to Markets Insider on November 1, 2024, jewelry experts say the lab-grown diamond boom is diminishing dramatically because of the drop in pricing. The glut of supply of trendy lab grown diamonds has caused prices to tumble. Big box stores like Walmart, Macy’s, Costco can sell lab diamonds much less expensive than retailers. As a result, real diamonds are back in vogue, according to Business Insider.
GN Diamond does business with over 5,500 retail jewelry stores and concur with these findings. GN provides retailers with free, analytics on the highest demand of natural diamonds by carat weight to help retailers maximize their profit margins and cash flow.
Depending upon what size store a retailer is from a half a million dollar store to $20 million dollar store, GN assists jewelers with a free matrix on what gets sold.
GN helps to analyze what diamonds to purchase to get the best return on investment. This holds true for natural loose diamonds as well as finished, diamond jewelry.
Rounds and ovals continue to be the most popular loose diamond shape that is being sold in America currently. GN has noticed over the past several months a resurgence of marquise, emerald and elongated cushion and radiant shapes also being sold.
As an added service, GN offers free consultation and analyzation of a store’s current Inventory. GN hand selects every diamond in their inventory of over 9,000 natural diamonds to provide retailers with a high turnover rate. Additionally, every natural loose, GIA certified diamond comes with a free light performance score to prove why one diamond is brighter than another. This added free tool helps retailers with local competition as well as end consumer negotiations over price.
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For more information, please feel free to call GN Diamond 800-724-8810 or email sales@gndiamond.com. Please be sure to check out additional articles to follow regarding analytics for finished jewelry.