- Joined
- Jan 16, 2018
- Messages
- 1,256
@the-mother-ring
Must have been a misunderstanding on both ends. I was not saying people were "trashing him", I was pointing out it was not likely a "feud" thing as earlier posts suggested, but rather a financial logistics thing. That was the assumptions I was referring to.
Of course, not accepting outside diamonds is most certainly a financial decision. Diamond vendors pay wholesale for their stones and sell at retail, which is anywhere from 25-75% higher than wholesale. They would be stupid to give a person retail on a trade-in from another company unless the sale contingent on the trade-in was a lot larger than the value of the trade in (like giving someone the full $1000 retail cost on a trade-in stone that is worth $600 wholesale if the sale contingent on the trade is a $50,000 diamond).
That's not the issue. It's making up some B.S. about another vendor's diamond not meeting their criteria (when it most certainly does) that most of us have a problem with. The proper response to "Will you accept this <insert other vendor's SuperIdeal brand> as a trade?" would be "Sorry, we typically do not accept outside stones." Full stop. Nothing more needs to be said.
Even if there is some sort of financial incentive to putting down another vendor's stones and it was not purely out of bad blood, I personally would not like to do business with a company that resorts to such lowbrow tactics to try and gain a sale.