Mondli's Profile
Mondli
Submitted
Activity Feed
Thanks Shivani! You touch on a very important issue for the business – in effect the “substitution threat” posed by synthetic diamonds to kimberlite / mined diamonds. Although, as you point out, the two types of diamonds are effectively the same from chemical composition standpoint, the “ego-expressiveness” of jewelry diamonds remains practically unassailable at this point. Also, through its Element Six business, De Beers has effectively been able to have a firm foothold in the market and shape its overall positioning of the sub-segment around industrial applications.
More about Element Six below if you’re interested:
Thanks for a great post! It will be interesting to see how the company, as a predominantly regional player, reacts to the recently announced plan to boost Europe’s aviation industry by striking deals with governments around the world in a move towards a single EU “Open Skies” market.
See link below:
http://www.politico.eu/article/sky-high-ambitions-for-eu-aviation-bulc/
Very interesting post. In particular, I found your points on the pricing model interesting – balancing margins with the value generated by inviting aspirational customers into the group’s core base. Thanks for sharing!