Rare Carat – How to Buy a Rare Carat Diamond
Rare Carat – How to Buy a Rare Carat Diamond
Rare Carat is a site that offers lab grown diamonds for a fraction of the price of a natural diamond. The company offers free shipping and will deliver your purchase right to your door. Another advantage of buying lab grown diamonds is that they are less damaging to the environment. You can feel good about your purchase knowing that it is safe for your loved ones and the environment.
Less harmful to the environment
Though lab-grown diamonds are less harmful to the environment than mined diamonds, their production still has an impact on the environment. Most lab-grown diamond companies use fossil fuels and electricity in their production processes, and many are not committed to environmental sustainability. However, a growing niche of producers are committed to using renewable energy sources.
In the past, the diamond industry has sought to mitigate the effects of climate change. In fact, De Beers, the world’s largest diamond producer, has announced plans to build a carbon-neutral mine by 2017. Even so, the FTC has warned diamond dealers to be careful about environmental claims. Regardless of the claims, lab-grown diamonds have the same chemical and physical features as natural diamonds. They also share the same carbon crystal structure.
A De Beers spokesman said lab-grown diamonds are more environmentally friendly and ethical than mined diamonds. He also pointed out that the diamond industry generates a lot of money and creates jobs in a way that is beneficial to the environment. For this reason, he believes that lab-grown diamonds are the way to go in the future. They are also less harmful to animal habitats.
Increased transparency
When it comes to buying diamonds, transparency is key. Often, the industry can be opaque and buyers have to do extensive research. Rare Carat’s Founder, Ajay Anand, is trying to solve this problem and make the diamond buying process easier for the consumer. To make this possible, he’s created a bot that helps customers buy the right diamond. Rocky, the company’s AI-powered chatbot, evaluates different types of diamonds based on their carat, color, clarity, and cut.
Ajay Anand, the founder of Rare Carat, started the company because he felt there was a need for more transparency in the diamond industry. As an engaged man, he was frustrated by the process of buying a diamond for his future wife. To solve this problem, he wanted to create an unbiased marketplace where customers could find the perfect diamond for their loved one.
The company, which uses blockchain and AI to increase transparency, has received several accolades. It has also been awarded the Technology Pioneer award by the World Economic Forum. Since launching, Rare Carat has grown rapidly and now powers over $200 million in sales annually. The company is committed to ensuring that the diamonds they sell are sustainable.
Rare Carat aims to make diamond buying easier by bridging the gap between traditional retail and online gemologists. It balances the power of artificial intelligence, gemologists, and virtual reality to ensure consumers get the best diamonds at the right price. Rare Carat is not a broker or salesperson and does not charge commissions.
Lab-grown diamonds are becoming more popular as consumers become more educated about the industry. As a result, more jewelry retailers are carrying lab-grown diamonds. Many high-end jewelry brands are also planning to sell lab-grown diamonds in the near future. The increased demand is good news for consumers and more profits for jewellers.
Although Rare Carat does not own diamonds, it does market them on its website. In addition, its business model is different from most marketplaces. It is not a direct manufacturer of diamonds; it connects diamond suppliers with buyers. It is not compensated with commissions but rather by advertising. The company is geared towards millennials and middle-class consumers, rather than higher-end consumers.
Smoother purchasing process
More jewelry retailers are offering lab grown diamonds. In addition to being a great value, they can also give retailers a higher profit margin. This is a win-win situation for both the retailer and the consumer. When choosing a rare carat diamond, it’s important to consider the four Cs (cut, color, clarity, and carat weight), the retailer, and the grading laboratory.
Rare Carat – How to Buy a Rare Carat Diamond