The Toronto-based Lovelri brands itself as the transparent engagement company and specializes in man-made moissanite rather than diamonds. Each ring has three price options. Price A: C$50 profit, which covers general costs, Price B: C$100 profit, which helps the business grow, and Price C: C$150, which helps expand the range. Customers can choose how much they want to pay for an engagement ring. I thought it was quite an innovative approach. Will this work in other countries?
P.J.Joseph's Weblog On Colored Stones, Diamonds, Gem Identification, Synthetics, Treatments, Imitations, Pearls, Organic Gems, Gem And Jewelry Enterprises, Gem Markets, Watches, Gem History, Books, Comics, Cryptocurrency, Designs, Films, Flowers, Wine, Tea, Coffee, Chocolate, Graphic Novels, New Business Models, Technology, Artificial Intelligence, Robotics, Energy, Education, Environment, Music, Art, Commodities, Travel, Photography, Antiques, Random Thoughts, and Things He Like.
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