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Diamonds on the Internet
26.10.2006 17:11
Diamonds on the Internet

The leading manufacturer of diamonds Kristall opens gems online-sales, which is to keep sales volume at the old level despite the market oversupply. Managers cashing jewelry will lose their job.
      Kristall intends to enter the e-market in November in an attempt to set off expected losses due to sales slowdown at the world diamond market. Oversupply at the world diamond market is valued at $500-700 million.
      At the same time e-trade specialists believe that sellers will have to posses their mind and to replace their usual products with a cheaper variant - $150-200 per a piece of jewelry; only in this case invested funds will be shortly returned. If the company operates more expensive jewelry, promotion of the site will take at least two years.


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