De Beers "A diamond is forever" campaign

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Issue:

Book Reports

 

Written by:

Douglas G

 

Date added:

March 9, 2014

 

Level:

University

 

Grade:

A

 

No of pages / words:

6 / 1419

 

Was viewed:

8721 times

 

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Essay content:

It is the reason the company spends $180 million a year worldwide to advertise cut diamonds--a product it doesn't even sell. There are very few companies ... you may struggle to find even one, that has been the leader of its industry for its entire - Miner and buyer of 70-90% of the world's rough diamonds - Buys rough diamonds directly from the diamond mine owners - Cutters sell the cut diamonds to the dealers who in turn sell them to the jewelry stores...
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gold, silver, grains) fluctuate greatly in response to economic conditions 20th century, De Beers sold 85% to 90% of the diamonds worldwide 2. Rockefeller's Standard Oil and Gates' Microsoft may have briefly approached this kind of dominance, but the length and extent of De Beers' supremacy is unprecedented...
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