Ramble On Ron

Diamonds, Music and other Facets of Life

The Meaning of “Mazal” In The Diamond Business

After reading an article in New York Magazine titled “The Secret Slang of the Diamond Diamond District,” I thought that this would be a good opportunity to write a blog post about the most important term in the diamond business, MAZL,(or mazel or mazal) and what it means. Also, I wanted to explain that this […]

Diamond Market Report 2013

Every year I give a report on the diamond market, what people in the industry are thinking, and even worldwide sentiment about the diamond industry. This year, it was very difficult to get a really accurate gauge into the market, being that it was so unpredictable. Here are some trends in 2013 that I am […]

Samuelson’s Buyers New Landing Pages

Most tech people know about landing pages, but I wanted to share a few things that we’re doing at Samuelson’s that hopefully some non-tech people can benefit from. The value of our various internet properties has not been HITS (How Idiots Track Success) but lead generation and appointments. We want to attract QUALIFIED visitors, not […]

Message To Retailers: Buy Diamonds For Stock!

In today’s economic climate, jewelry retailers need to find new ways to increase margins, while still competing with e-tailers and everyone else in their market. Buying gold has become a necessity for a lot of traditional retailers in order to keep cash flow positive. However, the gold buying train won’t last forever. Even the popular […]

Treating Your Customers With Dignity and Respect

I was asked to speak at an event last night at my synagogue. The first speaker was the rabbi who was asked to talk about ethics in business. The subject of “when to tip” was the topic of his conversation. Why do we tip the person who takes our luggage out of the car but […]

The Diamond Market Moving Into December 2010

It’s been a while since I’ve written about the state of the diamond industry as we prepare for the Holiday Season. I am in the unique position of looking at the market from both a wholesale and retail perspective. We buy so many diamonds from the public that we are regular traders in the market, […]

Blue Nile vs Local Jeweler Video

I made this cool video the other day and got a nice reaction from it, especially from my friends in the jewelry industry. It’s a common conversation between a diamond retailer and an internet shopper. The emails and comments that I received from people in the industry is that they loved it and it was […]

The Gold Party Is Over

Got an email this morning from the State of Maryland Department of Labor, Licensing and Regulation prohibiting “hotel shows and home gold parties”. Here’s an excerpt from the bill: SECONDHAND PRECIOUS METAL OBJECT DEALER/ PAWNBROKER ACT COMPLIANCE ADVISORY New law prohibits hotel shows, home gold parties; requires dealer name, license number on advertisements. On October […]