Briefly the ET article talks about:
- Family jewellers ( like us ) price jewellery on a daily basis giving consumers the best possible prices, whereas online retailers and branded store use a fixed price concept raking in a margin of 50-100%.
- Family jewellers give a breakup of all the information like weight, making charges, buy back value whereas online retailers/branded stores arent always either so transparent or take their jewellery back or give ridiculously low value in return.
- This concept of fixed pricing thus goes against the very reason for buying gold/diamond jewellery if it cannot give you a better return.
Read the entire ET article here: http://bit.ly/hh73tN