Engagement rings are often a one-time purchase, so most of us do not care about spending hugely on the diamond engagement ring. However, there are lots of opportunities to save your money if you just bother to delve a little deeper into the subject and understand some of the basics of the diamond industry. Below is a discussion on how you can save on your next diamond purchase.
It is true that most of the good diamond engagement ring designs will cost you a fair amount of money. However, there is no need for you to pay the dealers whatever they ask for. By being a little smart, you can save big on the purchase.
Do Not Buy from Chain Jeweler
Most people tend to go straight for a mall jeweler without considering other options. The risk of being cheated and skepticism regarding local dealers are the main reasons behind this. However, you should realize that big chains and brands charge much higher for diamond jewelry.
Some of these dealers might charge you nearly double the actual cost. Thus, make sure you negotiate well if you have set your mind on a particular diamond engagement ring. Although some high-end brands usually do not show any willingness to change their prices, there is no harm in asking.
Consider Online Diamond Jewelers
Today, there are several online diamond jewelry dealers, which provide excellent services online. These are very reliable and offer a wide range of products that you can choose by sitting at your home. Moreover, the prices offered here are much lower than the retail prices.
Online diamond jewelry dealers also offer the option of free shipping and free returns, meaning that you can also return the product within the said period if you are not satisfied with it.
Independent Jewelers
If you are not interested in the online dealings, better head to an independent dealer nearby. The prices on offer would be definitely higher than what an online jeweler offers, but there can be some advantages here. For instance, you can find more unique designs this way, and find good creativity in diamond jewelry.
Diamond Wholesalers
This is the cheapest source of finding diamond jewelry. You may have to visit a diamond business hub for the purchase, but you can be sure that your money will not be wasted. You will find a wide range of designs at cheap rates. However, be careful because these dealers are smart enough to take advantage if you appear as a newbie to them.