TradersDiamonds launches Solitaire Services for Jewellers - a first of its kind, full fledged white label solution to run a solitaire business

TradersDiamonds aspires to be a one stop shop for all solitaire related products and services for jewellers. We took our first step towards that goal by offering jewellers a certified loose diamond buying service. The second step was to start mounting the diamonds that jewellers were buying from us. We are now ready to take a much bigger step forward; one which truly reflects the possibilities that we envisage in the solitaire jewellery space for jewellers. This step is the launch of the Solitaire Services for Jewellers - a business model which combines the advantages of an online diamond buying model with the benefits that are offered by a physical retail store.

Full of the new service are given below and on our website. If you need more information about it, then either call us at 044-42935016/17 or write to us at enquiry@tradersdiamonds.com


The TradersDiamonds Solitaire Services provides a full service solitaire solution to jewellers. It takes care of all the aspects of solitaire design, diamond procurement, manufacturing, training and retail. It helps jewellers set up a diamond solitaire business from scratch and with very little investment. It can also be used by existing solitaire retailers to enhance their solitaire offering and reduce the costs involved in running that business.

What do you get from the TradersDiamonds Solitaire Services?

Solitaire Designs - TradersDiamonds has an in-house design team which will provide you with solitaire designs. If you have a design in mind and want something similar, then the design team can also make a customized design for you.

Solitaire Mocks for display - TradersDiamonds will provide you life-like mocks of their solitaire designs to be used for customer display. These mocks will be low cost and made from high-quality CZ. Thus you can get a large display of solitaire designs without having to invest in expensive diamonds

Loose Diamonds - Once a customer selects a solitaire design, you can use TradersDiamonds.com to find and buy whatever kind of diamond the customer wants for the solitaire. You can also order loose stones without the mounts.

Diamond Setting - TradersDiamonds will set the diamond that you have ordered on the solitaire mount selected by your customer. We have our own solitaire manufacturing facility where the diamonds are set by expert artisans.

Diamond Advisory Services - TradersDiamonds has a team of GIA trained gemmologists who are available to answer any diamond related questions that you might have. These might pertain to understanding the various qualities of diamonds or making a judgement on what stone to buy. Diamonds are a highly educated purchase and this service ensures that you and your team are always well - equipped to handle any queries from your customers.

Sales and Product Training - TradersDiamonds also provides sales, product and diamond training to your sales staff.

Grading Camp - TradersDiamonds will also help you organize grading camps and seminars.

Product Range

• Rings
• Pendants
• Earrings
• Bangles

How does it work?

Setting up
You just need two things to start off. A computer with an internet connection and a set of solitaire mocks from TradersDiamonds.

www.tradersdiamonds.com gives you a limitless diamond inventory - you can offer multiple options for any diamond requirement that your customers have.

Customers can try the mocks to get a look and feel of the designs. They can also appreciate the quality of manufacturing and the setting.

In addition to the designs on display, you have catalogues to show more designs to the customers. For any customer handling issues you can seek the help of our diamond advisors

TradersDiamonds can also provide sales and product training to your sales staff.

Ordering
Order for the mount and the diamond can be directly placed with TradersDiamonds, You can just call our customer service team to do so.

Delivery
Products are delivered in 7 business days at the store. Bangles take 15 business days for delivery

Pricing and Financials
This is a white label solution. We give you the cost price for the diamonds and the mounts. You can mark it up by any number to sell to your customers.

The cost of a set of 40 mounts for display is Rs 4, 00,000. These are made in 18K gold. At any point in time if you want stop, you can sell the mounts back to us at 75% of the original value.

Payment terms
Initial business will be on cash terms. We will explore credit facility after a few transactions.

TradersDiamonds Solitaire Services as compared to a traditional set-up

• They have to create designs - You don't need to create designs
• They have a minimum diamond inventory - You don't need to have a diamond inventory
• They have manufacturing team - You don't need to have a manufacturing set up for mounts or diamond setting - automated manufacturing
• Your cost of display is extremely low.
• Minimum inventory for the solitaires or high turnaround time
• Untrained staff - trained staff and expert advice a phone call away
• Can work on far lower margins as compared to a regular store

Advantage of TradersDiamonds Solitaire Services

This unique combination of offline and online creates the following advantages for a jeweller using the TradersDiamonds Solitaire Service

• Low investment in ( and therefore high ROI)

1. Diamond inventory
2. Designs
3. Display
4. Manufacturing set up

• Range of offering

1. 90,000 plus diamond inventory
2. Solitaire designs
3. International quality manufacturing
4. Sales and product expertise

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