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Diamond Registry Now Also Serves China’s High-End Consumer
“Our clients understand the price advantage we offer as a wholesaler, and recently we are seeing more and more requests coming in from China,” said Nissan Perla, CEO of Diamond Registry. “We have even seen a positive change regarding their understanding of purchasing diamonds. Most of our new clients in China already know that with a GIA certificate, the quality of their diamond is guaranteed, making it a profitable investment. All in all, the Chinese luxury market is ready for online wholesalers and we are more than ready to cater to their needs.”
In contemporary China, diamonds are gaining a cultural significance on par with traditional jade stones – a highly valued gem, steeped with qualities that symbolize virtues of courage, compassion, wisdom and beauty. According to The Global Diamond Report 2013 by Bain & Company, the demand for diamonds will be fueled by China and India, reaching approximately $26 billion in 2023.
Perla has made Diamond Registry the go-to online source for high-end buyers from the U.S and parts of Asia, with the average client buying 5 carat diamonds. He has created opportunities by closing the gap between the wholesale diamond industry and consumers. His global network of diamond suppliers and cutters, together with his deep understanding of the industry, allows the public to purchase diamonds at wholesale prices instead of paying inflated retail prices.
Many Non-Chinese luxury brands have attempted to enter the Chinese luxury market, which has proven to be a difficult task. However, Diamond Registry is not discouraged. “Regardless of where our clients come from, they always value the same things,” Perla explains, “Founded in 1961, Diamond Registry has a long history of providing a reliable and effective service, and our prices are always fair. It’s that simple.”
Visit http://www.diamondregistry.com for more education on diamonds and an up-to-date overview of wholesale prices.
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Page Updated Last on: Feb 25, 2014