{"id":7464,"date":"2018-10-10T08:48:33","date_gmt":"2018-10-10T12:48:33","guid":{"rendered":"http:\/\/www.jewelry-secrets.com\/Blog\/?p=7464"},"modified":"2018-10-10T14:30:24","modified_gmt":"2018-10-10T18:30:24","slug":"jewelry-sale-fraud","status":"publish","type":"post","link":"https:\/\/www.jewelry-secrets.com\/Blog\/jewelry-sale-fraud\/","title":{"rendered":"JEWELRY SALE FRAUD"},"content":{"rendered":"<div class=\"blog-image\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.jewelry-secrets.com\/Blog\/wp-content\/uploads\/2015\/06\/Jewelry-Sale-Fraud.gif\" alt=\"Jewelry Sale Fraud\" title=\"Jewelry Sale Fraud\" width=\"200\" height=\"200\" class=\"alignright size-full wp-image-7465\" \/><\/div>\n<h2>What a coincidence!<\/h2>\n<p>\nYou walk into a jeweler and as luck would have it,<strong> they&#8217;re having a SALE!<\/strong><br \/>\n<strong>I&#8217;m shocked!<\/strong><\/p>\n<p><h2>A sale at a jewelry store?<\/h2>\n<p>\n<strong>Who would have guessed?<\/strong><\/p>\n<p>\nSarcastic? Of course&#8230; <\/p>\n<p>\nBut here&#8217;s what&#8217;s <strong>funny<\/strong>&#8230; They&#8217;re always having a sale. If you come back in a month or two, <strong>viola<\/strong>, they&#8217;re having <strong>another huge sale!<\/strong><\/p>\n<p>\n(<strong>You&#8217;ll have to <strong>BUY MORE!<\/strong><\/strong>)<\/p>\n<p><h2>Lucky, or Stupid?<\/h2>\n<p>\nIf you fall for such a thing, you&#8217;ll see, this is what <strong>the jewelry industry has become<\/strong>; discounts, sales, promotions, clearance tags, half-off sales, blue-light specials, markdowns, inventory reductions, blowouts&#8230; <strong>WHEW!<\/strong><\/p>\n<p>\nIn fact, you could practically walk into <strong>ANY jeweler<\/strong>, <strong>ANYTIME<\/strong>, and they will <strong>ALWAYS <\/strong>be able to give you <strong>special liquidation sale prices<\/strong>.<\/p>\n<p><h2>A once in a lifetime offer!<\/h2>\n<p>\nYes, it&#8217;s the before the holiday special sale&#8230; Big doorbusters, and the best ones; right here, right now, bottom line, take it or leave it. (p.s. <strong>leave it!<\/strong>)<\/p>\n<p><h2>It&#8217;s mind boggling to say the least.<\/h2>\n<p>\nAnd the truth is, a lot of jewelers have <strong>non-stop sales<\/strong>; every month, month after month.<\/p>\n<p>\nAnd most jewelry stores are willing to go <strong>30-40% off retail<\/strong> <em>all the time<\/em>. It&#8217;s no big deal, it&#8217;s just normal business. But here&#8217;s the catch; Jewelers &#8220;<strong>discount<\/strong>&#8221; all the time, because <strong>people don&#8217;t want to purchase jewelry at full price anymore<\/strong>. <\/p>\n<p><h2>Really! Who pays retail?<\/h2>\n<p>\nI don&#8217;t know how, or why this all began, but people simply <strong>WILL NOT pay full retail price for jewelry <\/strong>ever. People want to feel like they&#8217;re <strong>getting a deal<\/strong>, especially on luxury items.<\/p>\n<p><h2>Is it because jewelry is expensive?<\/h2>\n<p>\nIt could be because <strong>it&#8217;s a want<\/strong> and not a need.<\/p>\n<p>\nOr maybe it&#8217;s just because <strong>people don&#8217;t trust jewelers anymore<\/strong>.<\/p>\n<p>\nPeople feel like <strong>jewelers are ripping them off<\/strong>. So unless they get a deep discount, <strong>they won&#8217;t buy<\/strong>!<\/p>\n<p><h2>&#8220;Fool&#8221; retail price&#8230;<\/h2>\n<p>\nI think in the last 20 years, I&#8217;ve probably only sold a hand full of items at <strong>full retail price<\/strong> (Pronounced <strong>FOOL!<\/strong>) I mean come on, I wouldn&#8217;t pay full price, <em>would you?<\/em><\/p>\n<p>\nSo when you&#8217;re shopping around and see <strong>sale signs screaming 30% off<\/strong>, just think to yourself &#8220;That&#8217;s the <strong>normal everyday price.<\/strong>&#8220;<\/p>\n<p>\nYou&#8217;ll be in a much better frame of mind for buying that way.<\/p>\n<p>\nSo what is considered a <strong>GOOD DISCOUNT SALE PRICE? <\/strong><\/p>\n<p>\nThe best jewelry discounts are <strong>50% off or more<\/strong> (and 60-70% is great!)<\/p>\n<p>\nI can live with those kind of sales.<\/p>\n<p>\n<strong>But they come with a hitch&#8230;<\/strong><\/p>\n<p><h2>Buyer beware&#8230;<\/h2>\n<p>\nSome jewelers <strong>jack up the price<\/strong> to accommodate those <strong>deep sale prices<\/strong>. It turns out, you may not be getting that great of a deal after all. I&#8217;ve seen it happen&#8230;<strong> It ain&#8217;t pretty!<\/strong><\/p>\n<p>\nI&#8217;ve also seen stores <strong>sell things at half-off&#8230;<\/strong> But they sell those things at half-off<strong> EVERY SINGLE DAY OF THE YEAR!<\/strong> No lie! One particular company had gold chains half-off every day for <strong>ten years!<\/strong> <\/p>\n<p><h2>It was always on sale&#8230;<\/h2>\n<p>\nSo just know, that there&#8217;s a lot of <strong>fraud <\/strong>, or misleading sale prices out there. You have to proceed carefully and do a lot of <strong>shopping and comparing<\/strong> to see what&#8217;s a sale, and what&#8217;s not. That way you won&#8217;t get suckered into those so called deals. You&#8217;ll also be able to determine which jewelers are marking their <strong>prices ridiculously high<\/strong>. Avoid the jewelers that <strong>gouge the public<\/strong>!<\/p>\n<p><h2>One more lesson&#8230;<\/h2>\n<p>\nNot all &#8220;<strong>SALES<\/strong>&#8221; are fake. Some markdowns are <strong>real and legit<\/strong>. <\/p>\n<p>\nBut, you still have to <strong>look closer at the product<\/strong> they&#8217;re discounting&#8230;<\/p>\n<p>\nOften the stuff that jewelers mark down (50-60-80% off), are<strong> marked down for a reason.<\/strong><\/p>\n<p>\nOld inventory that&#8217;s been sitting around for years gets discounted and dumped.<\/p>\n<p>\nJewelry with <strong>low quality stones<\/strong> get sold at cost&#8230;<\/p>\n<p>\n<strong>10kt gold<\/strong> usually gets discounted too.<\/p>\n<p>\nOr maybe created stones, or <strong>synthetics<\/strong>&#8230; <\/p>\n<p>\nIt could be a stone with a small chip in the side (like dented appliances).<\/p>\n<p><h2>Damaged goods!<\/h2>\n<p>\nLook closely at deep discounted pieces and ask yourself&#8230;<\/p>\n<p><h2>Why is it on sale?<\/h2>\n<p>\nJewelers normally don&#8217;t sell low if they don&#8217;t have to.<\/p>\n<p>\nSo look carefully. Because often these magnificent sales are also <strong>FINAL SALES!<\/strong> (No returns)<\/p>\n<p><h2>Are ALL sales bad?<\/h2>\n<p>\nAbsolutely not! I&#8217;m not saying there are <strong>not REAL sales<\/strong> out there in the jewelry industry. I&#8217;m just saying that <strong>people expect a sale<\/strong>, and jewelers are going to give it.<\/p>\n<p><h2>Simple as that!<\/h2>\n<p>\nIt may be an illusion, but it&#8217;s just one of those things. <strong>Perceived or not<\/strong>. We want to feel like we&#8217;ve made a good decision. We want to feel like we&#8217;ve saved a ton of money&#8230;<\/p>\n<p>\nAnd if takes a jewelers <strong>red tag sale <\/strong>to do that, then by all means <em>do so!<\/em><\/p>\n<p>\nBut keep your eyes open, because some jewelers will take advantage of that fact and stick it to you. As long as you know going in, that <strong>not all sale prices are up to par<\/strong>, you&#8217;ll be just fine! <\/p>\n<p>\n<strong>My best advice&#8230;<\/strong><\/p>\n<p><h2>Shop and compare!!!<\/h2>\n<p>\nAnd if you end up getting a great deal in the long run&#8230;<\/p>\n<p>\n<strong>Good for you!<\/strong><\/p>\n<p>\n<strong>Cheers! :)<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<div class=\"mh-excerpt\"><p>What a coincidence! You walk into a jeweler and as luck would have it, they&#8217;re having a SALE! I&#8217;m shocked! A sale at a jewelry store? Who would have guessed? Sarcastic? Of course&#8230; But here&#8217;s <a class=\"mh-excerpt-more\" href=\"https:\/\/www.jewelry-secrets.com\/Blog\/jewelry-sale-fraud\/\" title=\"JEWELRY SALE FRAUD\">[Read More&#8230;]<\/a><\/p>\n<\/div>","protected":false},"author":2,"featured_media":7465,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,10,4],"tags":[],"class_list":["post-7464","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-diamonds","category-engagement","category-jewelry"],"_links":{"self":[{"href":"https:\/\/www.jewelry-secrets.com\/Blog\/wp-json\/wp\/v2\/posts\/7464"}],"collection":[{"href":"https:\/\/www.jewelry-secrets.com\/Blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.jewelry-secrets.com\/Blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.jewelry-secrets.com\/Blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.jewelry-secrets.com\/Blog\/wp-json\/wp\/v2\/comments?post=7464"}],"version-history":[{"count":0,"href":"https:\/\/www.jewelry-secrets.com\/Blog\/wp-json\/wp\/v2\/posts\/7464\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.jewelry-secrets.com\/Blog\/wp-json\/wp\/v2\/media\/7465"}],"wp:attachment":[{"href":"https:\/\/www.jewelry-secrets.com\/Blog\/wp-json\/wp\/v2\/media?parent=7464"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.jewelry-secrets.com\/Blog\/wp-json\/wp\/v2\/categories?post=7464"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.jewelry-secrets.com\/Blog\/wp-json\/wp\/v2\/tags?post=7464"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}