Do Your Homework.
To negotiate effectively, you need to be knowledgeable
about diamonds. This doesn’t mean that you need
to attend classes, just brush up on the four C’s
of diamonds. Understanding cut, color, carat, and clarity
will keep you from purchasing a poor quality diamond.
Shop Around.
Before you are ready to make the big purchase, go to several
jewelry stores and check out their prices. Know what kind
of diamond you want, following the four C’s, and
check out the average prices on them. Knowing the prices
that other stores are charging will keep you away from
jewelers that are overpriced. A good place to start shopping
for prices would be with some of the more reputable online
retailers. Check out www.BlueNile.com and http://www.adiamor.com.
Also, one of the best kept secrets for great deals on
engagement rings is Sam’s Club and Costco. Believe
it or not, these large retailers have such huge buying
power, that they often sell rings just above wholesale
prices. You can also checkout Ebay for a huge selection
and great pricing on engagement rings. Many of the sellers
are large New York City jewelers offering better deals
than you’ll find in their stores.
