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You can’t simply accept the first price offered by fine jewelry stores when you want to buy gold jewelry. Below are some useful tips on how to negotiate with these stores and get great quality jewelry items matching to your expectation of value and staying within your budget.
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Buying Gold Jewelry - How to Negotiate with Fine Jewelry Stores
You can’t simply accept the first price offered by fine jewelry stores
when you want to buy gold jewelry. Below are some useful tips on
how to negotiate with these stores and get great quality jewelry
items matching to your expectation of value and staying within
your budget.
Most fine jewelry stores try to intimidate buyers when it comes to negotiating with
them for gold jewelry items. In fact, shoppers seeking to buy gold jewelry find
negotiation to be the most difficult part in the purchase process. It’s because simple
buyers don’t typically know all that professionals know about diamonds, stones,
settings, metals, design and price. What they should know is quality of stones are
more important than their size.
Another challenge is that fine jewelry stores show off their high degree of
knowledge, confidence and expertise. They are experienced and familiar working in
gold, silver, diamond and gemstones and no doubt will be knowledgeable about the
items. One thing to keep in mind is that although they are professionals in the
jewelry business, they are also serious salesmen who have goals to meet and want to
grow their business with sales. Make sure you aren’t being taken for a ride.
Before asking fine jewelry stores to show you the collections they carry and to give
the price details, you should know what you actually want. Here are a few simple
tips on how to negotiate with fine jewelry stores to buy gold jewelry and get the
most suitable item for a reasonable price.
1. Gather All Possible Details About Gold Jewelry - Do research online to find more
options in your gold jewelry purchase. Personally visit a number of fine jewelry
stores to increase your awareness of the available gold jewelry collections and
determine what may suit your requirements. Ask them your queries. Know about the
purity of gold and different grades of stones from them. Learn how different 18
karat gold is from 12 karat gold. Gain more insight into various gold colors and the
way they are created. In a nutshell, have all the useful details before you decide to
buy a gold jewelry piece, an expensive and special item for your own use.
2. Keep Your Needs and Wants Apart - We all want to have the biggest and best
available - home, car, a diamond necklace or ring. But there is huge difference
between our wants and our needs. When buying a gold jewelry from one of the
most reliable fine jewelry stores, you may easily get distracted by our desires unless
you remain focused on our requirements. The real challenge is to ensure you get the
highest quality product for a reasonable price rather than being drawn towards
something nice in the showroom but it being out of your price range, or having it be
of lower quality and lasting value as well.
3. Inform the Salesperson What You Want and Begin the negotiation - Once you
are sure about the jewelry design you’d like and the budget you can stick to, start to
shop for gold jewelry seriously. Go to different jewelry shops and tell their
salesperson what exactly you are looking for. If they show you items other than what
you have mentioned to them, keep them off your list. As a buyer, you should think
beyond the items available in the inventory of a particular jewelry store and focus
solely on what you came to purchase. There are so many fine jewelry stores. You will
surely be able to find comparable items that match your expectations but aren’t
exactly what you had in mind. Make sure you will be forever happy with your
purchase.
When you find a desired item, make a list of its characteristics and the cost as well.
Get your jeweler to sign this written list of features so you can have the valued
verified by someone other than yourself in case you wish to sell in the future. You
are likely to have more flexibility in price when the jeweler knows you are well
informed and have plenty of choices.