De Beers Lightbox Diamonds Review
De Beers Lightbox Diamonds Review
Whether you’re looking for a unique gift or are just looking for a unique beer, you can find it at Lightbox. This online beer store offers de beers in pink, blue, and colorless options. The brand markets to a unique consumer base and is working to expand beyond its U.S. borders. Today, the company ships to 75 countries and makes 20 percent of its e-commerce revenue internationally.
Lab-grown diamonds
De Beers is a major diamond mining company with an impressive history. It is the company behind the iconic engagement ring, and is also the source of the famous quote, “A diamond is forever.” The company has been battling against synthetic diamonds since the 1950s, and in 2016 launched a campaign aimed at millennials, which aimed to convince them to stick with the natural stone. However, this campaign did not work and diamond sales are now on a decline.
Although the company is expanding its business into lab-grown diamonds, many consumers are still wary of the product. As a result, there is still a lack of transparency in the market for lab-grown diamonds. But with the company’s new initiative, they’re aiming to change that.
The new process allows for the creation of any color diamond. It also avoids the need for post-growth HPHT treatment, which is common for CVD-grown diamonds. Although this treatment is effective in improving the color of CVD diamonds, it adds a significant amount of pressure and energy to the production process. That’s why Lightbox diamonds are priced significantly lower than other lab-grown diamonds.
De Beers plans to launch the Lightbox collection in the United States this autumn, starting with earrings and necklaces. Retail partnerships are expected to follow. Meanwhile, the De Beers Group is investing US$94 million over the next four years into its Element Six production facility near Portland, Oregon. This will complement its existing facilities in Oxford and produce up to 500,000 rough carats of lab-grown diamonds each year.
The market for lab-grown diamonds is growing. Consumers are demanding more ethical and environmentally responsible diamonds. As long as diamond prices are low, manufacturers may decide to go direct to consumers. If they do, consumers might start asking for more information on the origins of the diamonds.
The new lab-grown diamonds from De Beers will be priced at around $800 a carat, but they will have better clarity and color than their natural counterparts.
Price
Lightbox is a brand of jewelry made with lab-grown diamonds. The company is focused on the differences between mined diamonds and lab-grown ones and stresses the importance of the process. However, they conveniently omit the differences in the societal and environmental impact of the production process. Its main selling point is the low price of lab-grown diamond jewelry.
The company, which is a subsidiary of De Beers, sells diamonds varying in color and clarity. It sells pink and blue lab-grown diamonds at an affordable price of about $800 per carat. Despite this low price, consumers should know that Lightbox diamonds are not certified. This means that they are difficult to compare to natural diamonds.
The company’s lab-grown diamond line is separate from its natural diamond business. While Lightbox sells jewelry with diamonds up to a carat, the company doesn’t sell engagement rings. Besides, consumers tend to prefer natural gemstones for engagement rings. The company is trying to win over the public’s distrust of lab-grown diamonds, so it wants to sell its lab-grown diamonds at a price that consumers will actually pay for them.
The De Beers brand has been dismal for the company, but the company’s marketing team is trying to sell them as “natural diamonds.” In a recent press release, the company bemoans that customers are confused about the difference between a natural diamond and a lab-grown diamond. The fact is, lab-grown diamonds look like real diamonds and it’s nearly impossible to tell one from the other without a spectrometer.
The company’s lab-grown diamonds are still a few years away from being as large as those produced by traditional mines. However, the price of the Lightbox diamonds is expected to stay under two thousand dollars per carat. The company is also expanding its product line and introducing new varieties, including the new Finest line of lab-grown diamond jewelry.
A recent report revealed that the company has sold $550 million in rough diamonds during the fourth business cycle of 2018. In the long run, the company hopes to earn $6 billion in revenue from lab-grown diamonds. And it is also committed to transparency.
Quality
De Beers Lightbox Diamonds are CVD lab-grown diamonds. Their prices start at US$800 per carat. They come in pink, blue and white varieties. Unlike mined diamonds, these diamonds aren’t certified. This means you can’t tell the exact color and clarity of your stone.
Lightbox is part of the De Beers diamond brand, the biggest name in natural diamonds. But it sells diamonds in smaller carats, a category they call fashion jewellery. The difference between these diamonds from natural mines is their cost. They’re also aimed at the bridal market, which is the largest market for diamonds worldwide.
De Beers introduced Lightbox as a way to compete with natural diamonds, which are sourced from mines. They introduced a unique pricing system, and consumers responded positively. However, lab-grown diamond prices declined following Lightbox’s launch. However, since then, prices have recovered. This increase in competition has forced growers to compete more than just on price.
The company also announced plans to expand its offerings to bigger sizes. Lightbox will offer a two-carat diamond stud earring that will retail for about $US1,000 plus the cost of the setting. Moreover, it will also add new stone cuts made of 14-karat gold early next year.
While De Beers is known for their high-quality diamonds, this brand focuses more on younger buyers. This generation is used to fast fashion and environmental concerns, and is therefore likely to buy diamonds if the price were lower. The brand also aims to attract people who wouldn’t otherwise consider buying diamonds because they were too expensive.
De Beers’ Lightbox Diamonds quality is largely the same as that of natural diamonds. They have an excellent cut grade, VVS clarity, and D-F colour. The company has recently expanded their product range in response to consumer demand. For example, in May, it released the Pandora Brilliance line. The company is also planning to phase out natural diamonds in favor of lab-grown diamonds.
Another major difference between Lightbox Diamonds and other lab-grown diamonds is their color. Since Lightbox diamonds do not undergo post-growth HPHT treatment, they don’t have the brown color that most diamonds have. This treatment requires a great deal of pressure and energy and adds a significant cost to production. As a result, Lightbox Diamonds are priced lower than most other lab-grown diamonds.
Marketing
De Beers once swore it wouldn’t sell lab-grown diamonds, but now the company has a new line of diamonds called Lightbox. These stones are available for a fraction of the cost of mined diamonds. As a result, they are poised to crush their synthetic gems rivals and change the way the world thinks about diamonds.
The company’s marketing team is trying to get people to believe that lab-grown diamonds are the same as mined diamonds. In a recent press release, De Beers lamented that customers are confused about the differences between these stones and real diamonds. In fact, the stones can look so similar that a spectrometer is needed to tell the difference.
Until now, De Beers has limited its range of lab-grown diamonds to fashion jewelry. However, they have been increasingly targeting millennial consumers, who are increasingly turning to lab-grown diamonds because of their lower price. Additionally, lab-grown stones are free from environmental damage and human exploitation. According to an MVI Marketing survey of 1,000 American consumers aged 21 to 40, nearly 70 percent would consider a lab-grown diamond as the center stone in their ring.
The company has recently launched a new lab in Oregon with a capacity of 200,000 carats per year. The company sells loose diamonds and jewelry online as well as through 120 brick-and-mortar jewelry stores. As lab-grown diamond prices fall and demand rises, the industry is ready to capitalize on the opportunity.
Despite the recent controversy surrounding synthetic diamonds, De Beers is aiming to become the dominant player in the fine-jewelry market. In the past decade, big miners have expressed concerns about the growth of the market for synthetic diamonds. However, these stones have become more high-quality.
De Beers Lightbox Diamonds’ marketing campaign will focus on responsibly sourced diamonds, and the company says it will offer an expanded range of product to consumers. For example, the company has plans to introduce 2.0-ctw halo-set diamond stud earrings in different sizes. The brand is also focusing on improving clarity and color.
De Beers Lightbox Diamonds Review