By Invitation
Diamonds: Natural, grown, and their needs for differentiation in the global jewellery market
Exploring the Rise of Natural and Lab-Grown Diamonds: Key Factors Shaping Differentiation in the Global Jewelry Market
The debate between lab grown diamonds and naturals doesn’t seem to die down. Natural diamonds have had an unfettered rule in the global fine jewellery business for centuries until technological advancement allowed lab-grown diamonds, hitherto used in machine tools and cutting, found their way successfully into the fashion and jewellery space purely based on two reasons : perceived identical appearance and a staggeringly low price. Their entry into the market created a space for affordable jewellery, but they are not designed or are equipped to take over the natural diamond market. That’s because they are different and can be scientifically identified as such.
Far from disrupting the prominence of natural diamonds, LGDs have emerged as a complementary force, addressing distinct consumer needs while broadening the appeal of diamond jewelry. But, let’s understand the purpose and appeal of each category.
Natural diamonds continue to hold an unparalleled allure, deeply rooted in their rarity, geological history, and cultural heritage. They symbolize luxury, timelessness, and emotional significance, often marking milestone moments like engagements, weddings, and the creation of family heirlooms. Spending billions of years to be formed under the earth’s surface, natural diamonds command admiration from customers who associate lasting happiness and joy with the person they are buying it for, be it a self-purchase or a gift. Its journey of formation itself carries that value which, thanks to rising awareness, is of great value to its target audience irrespective of age barriers. Such consumers prioritize provenance, ethical sourcing, and origin determination, which reinforce the enduring appeal and exclusivity of natural diamonds.
On the other hand, lab-grown diamonds have carved out their own niche in the global jewelry market, starting with eco-conscious Millennials and Gen Z consumers in the United States. These synthetic diamonds appeal to buyers seeking sustainable and affordable alternatives. In India, a global hub for jewelry, the demand for LGDs is still at its nascent stage, because consumers are still understanding the product. Hence, there is a slow but steady growth in demand driven by their cost-effectiveness and the growing adoption of Western fashion sensibilities. Offering flexibility in design, LGDs are well-suited for trendy, everyday jewelry that embraces unconventional materials such as silver, tungsten, and titanium. They provide consumers with the freedom to explore unique styles while aligning with contemporary values of affordability and sustainability.
The distinction between natural and lab-grown diamonds is not merely academic—it is vital to maintaining consumer trust. Nomenclature is of paramount importance in this regard, as there are several ways to identify a lab-grown diamond. Since they are created in a controlled environment, their origin is different from those built by nature, and hence, must be positioned accordingly to extend confidence to customers of either segment. Thus, while both have their own value propositions, transparency in branding and communication is essential. Lab-grown diamonds should be presented as a distinct category, emphasizing their origin and purpose, rather than being combined with natural diamonds.
As the diamond industry evolves, embracing the differences between natural and lab-grown diamonds is key to unlocking their full potential. Each caters to specific consumer preferences—natural diamonds for their legacy and emotional resonance, and lab-grown diamonds for their modern, versatile appeal. Retailers and stakeholders must adopt tailored marketing strategies and far better quality in certification and grading standards to give consumers exactly what they bought their products for. While the entire supply chain needs to be strongly educated to firstly identify the differences and sell the right jewellery, retailers especially need to refine marketing messages to effectively communicate these unique value propositions. This can be done by conducting awareness workshops for end-consumers and often showcasing both varieties to them just for knowledge. All in all, by fostering transparency, differentiation, and synergy within the supply chain, the industry can ensure the sustainable growth of both segments, securing a bright future for diamond jewelry on a global scale.
By Invitation
Professional Guidelines for Training Jewellery Retail Sales Staff
By Shivaram A, Founder – Retail Gurukul
Selling jewellery requires a distinct approach from other retail sectors. Customers in this environment anticipate a higher level of service and expertise than they might expect at a grocery or clothing store. To achieve success, staff must possess specialized skills tailored to jewellery sales. The following guide outlines key training principles for jewellery sales associates, complemented by practical examples for each area.
1. Appearance
• All employees should maintain impeccable grooming and attire.
• Example: Associates arrive in pressed shirts and polished shoes daily.
• Where possible, provide uniforms; otherwise, ensure personal clothing is clean, ironed, and understated.
• Example: Staff without uniforms wear plain, well-ironed garments, avoiding prominent logos.
• Hair must be neatly styled and footwear kept clean for all staff members.
• Example: Management conducts pre-shift checks to confirm proper grooming standards.
• Dress codes apply universally, including to security personnel.
• Example: Security staff participate in regular dress code reviews and grooming inspections.
2. Attitude
• Encourage staff to display consistent friendliness and positivity throughout the workday.
• Example: Every customer is welcomed with a genuine smile and warm greeting.
• Staff should maintain courteous engagement, even if customers do not reciprocate.
• Example: In cases where a customer appears upset, the associate still offers a friendly introduction and assistance.
• Staff are expected to compartmentalize personal issues during shifts, remaining constructive and solution-oriented.
• Example: Employees adopt a focused mindset before starting their shift to prioritise exemplary customer service.
3. Communication
• Employees must uphold polite, respectful dialogue at all times.
• Example: Use courteous phrases such as “May I assist you, Sir?” or “Thank you, Madam” consistently.
• Appropriate titles or respectful terms in local languages should be used when addressing clientele.
• Example: “Good afternoon, Sir. Is there something special you are searching for today?”
• Professional etiquette should permeate every interaction.
• Example: Regularly incorporating “please” and “thank you” in conversations.
• Indifference must be strictly avoided.
• Example: If an employee is occupied, they acknowledge waiting customers with assurances of prompt attention.
• Multilingual abilities are advantageous in serving a diverse customer base.
• Example: Staff transition to Hindi when necessary to make customers feel comfortable.
• Demonstrate extra patience and care with elderly patrons.
• Example: Spend time clearly outlining details for older customers who may require additional support.
• Engage children hospitably so adults can shop undistracted.
• Example: Offer small toys or converse briefly with children while adults browse.
• Ensure equal treatment for all visitors, irrespective of appearance or attire.
• Example: Give consistent attention to both casually and formally dressed customers.
4. Hospitality
• Begin interactions by welcoming guests and offering seating.
• Example: “Please have a seat while I present our newest collection.”
• Provide complimentary refreshments as a hospitality gesture.
• Example: Serve water or tea to customers as they view products.
• All team members should be prepared to assist customers, regardless of primary responsibilities.
• Example: If the primary salesperson is occupied, another employee steps in seamlessly.
• Owners should occasionally interact directly with clients to lead by example.
• Example: The owner personally thanks loyal customers for their continued patronage.
• Always offer proactive and attentive service.
• Example: Assist customers with carrying purchases or parking arrangements when needed.
5. Product Knowledge
• Deliver thorough training to ensure staff are knowledgeable about inventory.
• Example: Monthly training sessions update employees on new designs and materials.
• Define clear guidelines regarding which product details and certifications to share.
• Example: Staff are informed about certifications relevant to gold purity inquiries.
• Team members should confidently describe product features, fabrication methods, and distinctive qualities.
• Example: Discuss differences between handcrafted pieces and machine-made jewellery.
• Educating customers is integral to the sales role.
• Example: Clearly explain gemstone properties or style benefits to interested shoppers.
• Counter personnel must answer queries knowledgeably or direct customers to appropriate experts.
• Example: Junior associates promptly consult senior colleagues when complex questions arise.
• New hires should discreetly seek supervisory guidance rather than stating uncertainty.• Example: “Let me verify that information with my manager to provide you with an accurate response.”
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