The diamond business has been redefined by branding and the fundamentals of advertising, public relations, and marketing - all of which are geared to the downstream retail and consumer jewelry markets with their unique customer segmentation features and demographics.
The cumulative effect of branding can already be calculated and determined. The next challenge facing the diamond business, trade, and industry is promoting
the importance of and supporting the integrity of natural diamonds (and their sources of rough). Private companies, individual diamond exchanges, the DTC, and the World Federation of Diamond Bourses have already started to address the issue.
Brands
Branded diamonds and jewelry are the hottest topics in the
diamond trade today; hearts and arrows, ideal cuts, round brilliants,
squares, fancy cuts, modified rounds and fancies, the Regent, Queen of
Hearts, Hearts on Fire, the Lazare
Diamond, the Leo Diamond, Dream, Prince, PrincessPlus, Royal Asscher, Lily
Cut, cushion cuts,
Rand, Cushette, Zales, Lucida, Ashoka, Vera Wang, and the Radiant Plus to
name but a few.
Sightholders
Branded diamonds and jewelry and other sightholder programs have the
advantage of support from the DTC including a new trademark, the forevermark
program, the Diamond Promotion Service (DPS)
worldwide, the Diamond Information Centers, J. W. Thompson, and many other
added value features and services.
Jewelry Trade Shows
The favorite venues for launching a new line of diamond
set jewellery or a new branded diamond are the jewelry tradeshows
worldwide, including the JCK, the JA New York, the Couture Show, Centurion,
Diamonds by JCK, and shows in Mumbai, Tokyo, Bangkok, Basel, Hong Kong, and
China.
Bourses
Offices in diamond exchanges and cutting centers, worldwide including Hong
Kong, Antwerp, Ramat Gan, New York, Tokyo, India (Mumbai and Surat), Israel,
China, Canada, Russia, South Africa, Dubai, Shanghai, and Moscow trade in
both rough and polished diamonds.
Luxury Marketing
Advertising has increased in luxury, business, travel, bridal, fashion, and
jewelry magazines including
Elle, Maxim, Oprah, Town & Country, Vogue, W, Robb Report, InStyle, and
Vanity Fair to name but a few. The bridal market (and the media devoted to
it) is considered to be an easy entrance course into the world of branding
and brands, because the curriculum stays the same and the class changes on a
regular basis.