(Closed) Why the price difference for pretty much identical rings?

posted 8 years ago in Rings
Post # 3
Member
7300 posts
Busy Beekeeper
  • Wedding: September 2012

Retailers mark up their pieces to pay for their overhead. It’s common practice. Just like diamonds. a 1ct Leo from Kays is going to cost you $6000 but as soon as you leave with it, it loses half it’s value. (or retains it’s original value)
If it’s a mall chain store, you can believe everything is going to be marked up.
If you found it online cheaper, maybe go to the place where you got your ring and bring it up to them. They might try to match prices.

Post # 4
Member
525 posts
Busy bee

All brick and mortar stores basically have to pay for rent and all the staff they have to have working for them… and this extra is added on to the price of their product. You will always get a better deal online! In fact, I think a lot of online only sites sell much better quality than mall chain stores… the main criteria to check is that they have a solid no questions asked returns policy and read their reviews 🙂

Post # 5
Member
5657 posts
Bee Keeper
  • Wedding: February 2012

It’s just markup.

Post # 6
Member
971 posts
Busy bee
  • Wedding: September 2008

You realize the prices go up with size on the #2 pick?  If you look at the 4.5 size, it’s $179 but if you look at the size 9, it’s $208.  Granted, less than the ring at the brick and mortar store … but you get “more” (or so they’ll tell you) at the brick and mortar store — like the opportunity to try the ring on, one-on-one face-to-face customer service, and depending on the store, free repair or polishing/cleaning, sometimes a guarantee on the ring, financing opportunities (if necessary), etc.  And, as others have stated, the brick and mortar stores need to pay staff and overhead. 

If you try the ring on somewhere else and find it cheaper online, then go for it!  I know I would! 

Post # 7
Member
10366 posts
Sugar Beekeeper
  • Wedding: September 2010

If it is a brick and mortar store, you will pay through the nose. They are pretty much a rip off – we went to them to get sized, and then ordered online – saving a bundle!

Post # 8
Member
6661 posts
Bee Keeper
  • Wedding: May 2010

I am struggling with this very issue right now because the setting I fell in love with (to reset my e-ring) is super marked-up because it’s a specific design from a designer with her own retail store. The price is comparable to similar settings from similar retail stores, so it isn’t crazy or anything but I just KNOW that if it was online I could get a better deal. It’s not though, at least as far as I can tell, so I”m just holding out until Darling Husband and I are 100% ready to spend the $.

If you are just going for a plain band, check out blue nile. But Darling Husband and I actually went to the diamond district and beat blue nile’s prices (I don’t know how and am a little scared), so keep looking..

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