Wholesaler vs Retailer When Buying a Diamond Engagement Ring

Posted on Leave a commentPosted in blog

So you have decided to take the big jump and get engaged. So, now what? You have to decide what type of diamond and engagement ring you want to get. So you talk to a couple of your friends (just make sure your friends don’t open up their big mouth about the proposal), and one of your friends tells you they have ‘a guy’ (everyone seems to have ‘a guy’). This ‘guy’ he’s referring to is a diamond wholesaler (most of the time). So what does a diamond wholesaler do? Diamond Wholesaler A diamond wholesaler is someone who buys diamonds in bulk and sells it to brick-and-morter stores or to on-line diamond companies. They procure diamonds with a deep discount because they buy in bulk. They don’t usually sell to the public or individual buyers unless it’s a friend or a friend’s friend. Diamond wholesaler have access to a pricing […]