Polygon - The Jewelry Industry's Largest Internet Marketplace
Insider News: May 2010

In This Issue

bullet Featured Article
bullet Business Intelligence Reports
bullet Industry News
bullet Buying & Selling on Polygon
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Featured Article

Business book that changed my way of thinking
By David Gellar

I’m an avid reader, at several books a month. Seldom do I buy a book from an author and then rush out and buy another one from the same author.

On this author, I bought 7 or 8 at one fell swoop. So of the best ideas in business and it comes from Australia of all places!

Instant Cashflow
By Bradley J. Sugars


Raise the value of your average sale
Boost your margins
Turn your business into a money machine.

Bradley’s books are so easy to read and if you’ve ever read “The E-Myth” by Michael Gerber (another excellent book for your library) he uses the same story line. Him giving his story as he talks with a client. Bradley’s client is his car mechanic and how he helped him go from poor to good fortune, working 80 hour weeks, to working a normal life and even opening additional stores.

Car mechanic? Jeweler? Jewelry store owner with employees? Hmm, sort of the same theme, don’t you think?

For the most part he shows how to

  1. Get more business by becoming a marketing genius.
  2. Once they come in the door to sell them more things, higher priced things and to get them to come back.
On becoming a marketing genius Bradley shows us the difference between trying to lower costs versus increasing income. You show focus on increasing cashflow, a constant cashflow. Many store owners think of marketing as an expense rather than an investment. Most stores I’ve seen who have a harder year cut advertising first. That’s like a framer eating their seed. Nothing new will come in next year!...


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Business Intelligence Reports

In today's global market, business intelligence is vital to your company's success. Timely access to market information including price, characteristics, quantity and availability gives your company a competitive edge in a globally competitive world. These reports are just what you need to give you a strong feel for the market.

bullet Diamond Price Report pdf (PDF)
bullet Popular Diamond Report
bullet Metal Price Report

Industry News

GIA gives law enforcement crash course in gemology

Carlsbad, Calif.-At the request of the Federal Bureau of Investigation, the Gemological Institute of America campus in Carlsbad, Calif., hosted a group of special agents and detectives hailing from...

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Gold Rises to Record as Investors Seek Alternative to Currency

May 12 (Bloomberg) -- Gold futures rose to a record for the second straight day as financial turmoil in Europe spurred demand for an alternative to currencies...

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Jewel prices soar to twice estimates at gem auction

GENEVA, May 11 (Reuters) - Huge flawless diamonds and pieces by Cartier, Bulgari and other big-name jewellers sold for several times estimated prices at a Sotheby's (BID.N) sale on Tuesday night, the auctioneer said...

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Spike in rough prices boosts Gem Diamonds

Driven by higher consumer demand and the sector's general recovery, the value of rough diamonds sold by London-headquartered Gem Diamonds has risen by an average 225 percent in the first quarter of the year compared to the corresponding period last year...

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Buying & Selling on Polygon

Below you will see a snapshot of the number of diamonds, finished jewelry pieces, colored stones, watches and diamond parcels available on Polygon right now!

Polygon at Glance    
Diamonds In-Stock: 354, 332 Watches: 3,496
Jewelry In-Stock: 18,691 Colored Stones: 20,185
Diamond Parcels: 2,152    

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