Rules of the Jade Industry

As the saying goes, "Every country has its own laws, and every industry has its own rules." Like other industries, the jade industry also has its own rules and regulations. Especially in the process of jade spot trading, some taboos and jargon are even more valued by both buyers and sellers. So what should you pay attention to when entering the jade industry? Let me tell you below!

1. When a group of people are selecting goods, do not bargain on the spot

When a group of strangers are shopping together, if you like a jade pendant or bracelet, don't bargain on the spot, because if you bargain very low, the boss will sell it to you. But if others also like it and will bargain, the boss may not lower the price. So usually you have to wait until the crowd leaves before you bargain with the boss.

2. For your first purchase, try to buy only one item

When you go to an unfamiliar market or stall for the first time, if there is something you like there, you should buy it even if it is a few hundred dollars more expensive than you expected. Perhaps your generosity will leave a good impression on the merchant, and he will become a regular customer. He will naturally greet you from afar and even take out his best wares from the bottom of the box to show you, so you will be able to pick good things unknowingly. When doing business, both parties want to make money. The price of good quality goods may differ by hundreds or thousands of dollars. The purchase price is also different every month. You cannot always compare the purchase price at the beginning of the year or last year. If you think the boss's words are interesting and you want to make another friend and get some inside information, you have to make a deal the first time anyway.

3. When multiple people are looking at the goods, do not interrupt and raise the price

When others are trading, no matter whether you think they are right or wrong, learn to keep silent. The knowledge you collect is profound and vast. Maybe you are right, but it is more likely that you don’t understand. It won’t hurt to be humble. After one of them starts asking the price and bargaining, you cannot raise the price at this time. This is the most taboo in the industry. Keep waiting until the other party stops raising the price and gives up. If you are willing, then talk again. The most disgusting thing is to look at the goods and grab the goods. No one will be friends with you, no one will look at the goods with you, and no one will provide gossip. They will even set traps for you to fall into when there is an opportunity!

4. Bargaining means bidding, bidding means buying

Bargaining means that you have made up your mind. If the other party agrees, you have to buy it at that price. This is also true in other industries. Bargaining without fighting is usually unwelcome, but this is even more important in the collection industry. Since most of the collectors are highly qualified or elite people, not ordinary people, their expectations and requirements are higher. Identity is very important. Money is only one aspect of identity. A person's reputation, sincerity, and moral quality are the core of identity.

5. If you bargain, you must buy it, otherwise don’t bargain.

This is the unwritten rule of jadeite trading. After the store makes an offer, you try to bargain hard and finally reach an agreement on the purchase price, which means the transaction is complete. Before or after paying, you may wonder why the boss is so generous in selling the item, or maybe you paid too much for it. At this time, some buyers will regret it and say they will not buy it on the spot, or they will try to bargain again. These buyers are usually weak-willed and easily swayed by what their friends say. It may not have an impact once or twice, but if it happens frequently in this circle, it will spread throughout the entire store, and it will be difficult to buy goods here in the future. Doing business depends on integrity. If someone makes an offer and you say you want to buy it and they refuse to sell it to you, would you think that person is dishonest? In fact, the same principle applies. If you bargain. In the end, if someone doesn’t buy it, does that mean you lack integrity?

6. Please find the goods, but don't pick them up when the time comes.

Many times, shoppers will ask the store to help them find a bracelet or something. When the seller finds the goods for you, if it is not what you need, please be sure to notify the seller in time. If you keep others waiting, it will be difficult to help you find the goods next time! Sometimes when you ask a store to help you find goods, you will be asked to pay a deposit, or half of the deposit, to increase your reputation. Maybe you can even make a friend.

7. Jade is not worth the price

This rule applies to all antiques and jewelry. Please do not take jadeite from other people's hands and look at it. The correct way is to ask the other person to put it down first and then you take it. Because in the process of passing jadeite to each other, it is very likely that it will be accidentally broken. If it is accidentally broken, both parties will be obliged to compensate. Moreover, there are some people who were called "smashing porcelain" in the past, who take advantage of this opportunity of hand-to-hand transfer to blackmail. A piece of jade may have a scratch on it, but it is not easy to see. When it is handed to you, someone may drop it on purpose and take the opportunity to blackmail you.

8. Return or exchange products at will after purchase

If you are afraid of losing, just withdraw from the collection as soon as possible. Generally, once the transaction is completed, there is no refund or exchange and no liability will be assumed, unless you have reached an agreement with the seller in advance. This is a rule that has been formed over thousands of years and it has its reasons. Collecting requires vision, courage, and of course financial resources. If you buy fake products, you will have to swallow your anger. If you can't afford to lose, people will look down on you. Even if you want your money back, you will probably be blacklisted in the entire circle.

The jade industry attaches great importance to word of mouth. If a merchant is trustworthy, honest, fair, knowledgeable and has good vision, he will be regarded as having good interpersonal relationships and people in the industry will be willing to deal with him. If you are a bad person, you will eventually be alienated and neglected in the industry. Not only will your knowledge and vision not improve, but fewer and fewer people will do business with you.

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