Diamond World (DW) May - June 2020
Why Covid-19 will make people fall in love with diamonds all over again | Ban is good - Industry welcomes ban on rough imports | Hong Kong jewellery industry show mettle| An Irrevocable Loss - Arun R. Mehta, Rosy Blue Group Why Covid-19 will make people fall in love with diamonds all over again | Ban is good - Industry welcomes ban on rough imports | Hong Kong jewellery industry show mettle| An Irrevocable Loss - Arun R. Mehta, Rosy Blue Group
Personality David Kellie, CEO, Natural Diamond Council There is nothing else in the world that connects emotions, memories and moments like diamonds David Kellie, CEO, Natural Diamond Council (DPA), talks about the reason and timeliness behind the new rebranding strategy, why diamonds will be relevant in connecting people in the near and long-term future, potential plans for the Indian market and more 78 | may-june 2020 | DiamonD WorlD
Personality Why was the decision to rebrand Diamond Producers Association implemented now? The world was changing even before Coronavirus, fairly dramatically. I started my role back in December 2019. We were already two or three months into this strategy and positioning before Coronavirus. But obviously, the impact of Coronavirus has both accentuated and accelerated in terms of what we were doing. So why did we want to do it? A number of reasons. First of all, we wanted to speak to a younger audience in the major markets in the world, particularly in the U.S. The average age of the diamond jewellery shopper is in the mid forties, and there’s a generation of potential consumers that has grown up without having the major advertising campaigns presented to them. Secondly, the tone and the values with which the audience engages has also changed and subjects like sustainability are very strong in the in the minds of these consumers. And finally, this is the Digital Age and in all honesty, it has been slow to evolve into the digital revolution. And we really see the opportunity with this consumer, whether it be through websites, or social media platforms, to develop in the digital world. For many years now the DPA has built on the ideas ‘Real and Rare’. As part of the new strategy the tagline Real is Rare has been dropped. Does this mean both these words are not relevant anymore? No, I think the real and rare are still very relevant. But we also want to talk about all of the other properties that make diamonds individual. Being real is one of them. There are many other facets of a diamond that make it unique when you compare it with other products that consumers spend their hard earned income on. So for us, it was about keeping it real and individual, and also expanding that to give us a platform to be able to talk about all the other unique aspects of a diamond. The rebranding strategy also involves a lot of marketing through content. How do you see this as an effective tool to communicate with your target audience? We are catering to an audience which is digesting content every hour, every day of the year. And traditionally, many brands worked with campaigns which were seen at a specific time of the year and then went quiet through the rest of the year. But the shopper is looking at our industry every day of the year, and we have to be present every day of the year and that we also have such The average age of the diamond jewellery shopper is in the mid forties, and there’s a generation of potential consumers that has grown up without having the major advertising campaigns presented to them amazing content. I came into this industry from outside. I was in fashion before. I thought it was incredible, the amazing amount of stories, whether they are about the industry and supply chain - where diamonds originate from, the stories of epic diamonds, etc. There are just so many great stories. I was a bit frustrated to see that there are all these great stories, but we don’t have the platforms to be able to talk to the consumer about them. So, that’s why content was part of our strategic planning setup so early. We had to create these platforms that allowed us to talk about all of the great things that are done in our industry and to do that in a way that really inspires consumers and educates them. It has been a very interesting process we’ve gone through to get here. DiamonD WorlD | may-june 2020 | 79
- Page 26: Round & About POLISHED DIAMONDS 3ct
- Page 29 and 30: Lab & TechnoLogy Round & About GIA
- Page 32 and 33: Round & About AssociAtion & trAde B
- Page 34: Round & About Retail and ecommeRce
- Page 37 and 38: In MeMorIaM He was born in Patan, G
- Page 40 and 41: In MeMorIaM Arunbhai with De Beers
- Page 42 and 43: In MeMorIaM A Saga of Successes A t
- Page 44 and 45: In MeMorIaM Remembering a Gentleman
- Page 46: In MeMorIaM Life & Times of Arunbha
- Page 54: In MeMorIaM Antwerp diamond market
- Page 57: In MeMorIaM With late Shri Mafatlal
- Page 69 and 70: Cover Story The very first day Mumb
- Page 71 and 72: Cover Story The Carpe Diem mentalit
- Page 73 and 74: Cover Story “We have to portray d
- Page 75: Cover Story happiness through the s
- Page 84 and 85: SPECIAL REPORT Ban on rough diamond
- Page 86 and 87: SPECIAL REPORT If this voluntary ba
- Page 88: SPECIAL REPORT of normalcy in an ot
- Page 91 and 92: SPECIAL REPORT Earrings, Oriental G
- Page 93 and 94: SPECIAL REPORT sales in the first t
- Page 96 and 97: Special Feature Cartier Gem-Set, Di
- Page 98: Special Feature Who are these Colle
- Page 101 and 102: The Rock Talk Gem set & diamond bra
- Page 103 and 104: The Rock Talk Roman Barocco necklac
- Page 106 and 107: DW Promotion Limelight Lab-Grown Di
- Page 108 and 109: DW Promotion Source: Limelight Hand
- Page 110 and 111: Design stuDio Selim Mouzannar Beare
- Page 112 and 113: Design stuDio Fine jewellery is bei
- Page 114 and 115: GIA AdvertorIAl Stone Talk Ruby Rar
Personality<br />
Why was the decision to rebrand<br />
<strong>Diamond</strong> Producers Association<br />
implemented now?<br />
The world was changing even before<br />
Coronavirus, fairly dramatically. I started<br />
my role back in December 2019. We were<br />
already two or three months into this strategy<br />
and positioning before Coronavirus. But<br />
obviously, the impact of Coronavirus has<br />
both accentuated and accelerated in terms<br />
of what we were doing. So why did we want<br />
to do it? A number of reasons. First of all,<br />
we wanted to speak to a younger audience in<br />
the major markets in the world, particularly<br />
in the U.S.<br />
The average age of the diamond jewellery<br />
shopper is in the mid forties, and there’s<br />
a generation of potential consumers that<br />
has grown up without having the major<br />
advertising campaigns presented to them.<br />
Secondly, the tone and the values with which<br />
the audience engages has also changed and<br />
subjects like sustainability are very strong<br />
in the in the minds of these consumers.<br />
And finally, this is the Digital Age and in<br />
all honesty, it has been slow to evolve into<br />
the digital revolution. And we really see the<br />
opportunity with this consumer, whether<br />
it be through websites, or social media<br />
platforms, to develop in the digital world.<br />
For many years now the DPA has<br />
built on the ideas ‘Real and Rare’. As<br />
part of the new strategy the tagline<br />
Real is Rare has been dropped. Does<br />
this mean both these words are not<br />
relevant anymore?<br />
No, I think the real and rare are still very<br />
relevant. But we also want to talk about all<br />
of the other properties that make diamonds<br />
individual. Being real is one of them. There<br />
are many other facets of a diamond that<br />
make it unique when you compare it with<br />
other products that consumers spend their<br />
hard earned income on. So for us, it was<br />
about keeping it real and individual, and<br />
also expanding that to give us a platform<br />
to be able to talk about all the other unique<br />
aspects of a diamond.<br />
The rebranding strategy also involves<br />
a lot of marketing through content.<br />
How do you see this as an effective<br />
tool to communicate with your target<br />
audience?<br />
We are catering to an audience which is<br />
digesting content every hour, every day of<br />
the year. And traditionally, many brands<br />
worked with campaigns which were seen<br />
at a specific time of the year and then went<br />
quiet through the rest of the year. But the<br />
shopper is looking at our industry every day<br />
of the year, and we have to be present every<br />
day of the year and that we also have such<br />
The average age<br />
of the diamond<br />
jewellery<br />
shopper is in the<br />
mid forties, and<br />
there’s<br />
a generation<br />
of potential<br />
consumers that<br />
has grown up<br />
without having<br />
the major<br />
advertising<br />
campaigns<br />
presented to<br />
them<br />
amazing content. I came into this industry<br />
from outside. I was in fashion before. I<br />
thought it was incredible, the amazing<br />
amount of stories, whether they are about the<br />
industry and supply chain - where diamonds<br />
originate from, the stories of epic diamonds,<br />
etc. There are just so many great stories. I<br />
was a bit frustrated to see that there are all<br />
these great stories, but we don’t have the<br />
platforms to be able to talk to the consumer<br />
about them. So, that’s why content was part<br />
of our strategic planning setup so early. We<br />
had to create these platforms that allowed us<br />
to talk about all of the great things that are<br />
done in our industry and to do that in a way<br />
that really inspires consumers and educates<br />
them. It has been a very interesting process<br />
we’ve gone through to get here.<br />
DiamonD WorlD | may-june <strong>2020</strong> | 79