Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Why Diamonds?
Google/ABC ^ | Feb 14, 2004 | John Stossel

Posted on 12/02/2004 2:40:42 PM PST by swilhelm73

Feb. 14 — On Valentine's Day, what's the very best way to tell someone you love them?

In one of the elegant black-and-white ads run by the DeBeers diamond cartel, a distinguished man announces solemnly: "I love this woman!" But there's a better way to say it, the ad suggests: Give her a diamond. Or a bunch of them. And she'll love you back.

That's what the man in the ad does — and it gets quite a reaction: "Oh, I love this man! I love him, I love him, I love him!" says his lucky lover.

Which makes me ask: Why a diamond? Why not a ruby or an emerald, or what the heck — a tractor, a toaster or a kitten?

Why did diamonds get to be the love and marriage thing? Why do couples — everywhere — who wish to declare their love go out and pay big bucks for diamonds?

Is It Because They’re Rare?

One reason I was given is that diamonds are so scarce.

But Donna Bergenstock, a marketing professor at Muhlenberg College, points out their scarcity is a myth, one created long ago by DeBeers, the South African company that's dug up most of the world's diamonds.

"There are … billions of dollars of diamonds sitting in vaults — in London, in South Africa — that DeBeers specifically keeps off the market in order to artificially raise the price of diamonds," she says.

The supply is so vast that if DeBeers hadn't controlled the world market for decades, diamonds would be much cheaper.

"The diamond is really just a piece of carbon. It's just a rock," says Bergenstock.

The Power of Marketing

So why is this rock a symbol of love? Because DeBeers told us it was.

Since 1940, DeBeers' brilliant ad campaign has been convincing Americans that diamonds mean love.

According to Bob Garfield of Advertising Age magazine, the DeBeers campaign is one of the most effective ad campaigns of all time.

"Unlike most advertising, people just completely bought it," Garfield says. "It created out of whole cloth the notion that at your engagement you must give your intended a diamond."

Years of listening to this propaganda has convinced us that giving diamonds is an age-old tradition.

This is just a sales pitch. In the 1930s, when my parents were married, it wasn't customary for men to give women diamond rings.

It wasn't just ads. DeBeers cleverly lends diamonds to celebrities and movie stars.

The rest of us have to pay for our diamonds — and DeBeers is very specific about how much men should spend. "How else can two months' salary last forever?" the company's ads say.

DeBeers' message is "the bigger the diamond, the more you love her," says Bergenstock.

Are They So Special?

Is it really just a sales pitch, or is there really something special about diamonds, a sparkle that makes them unique?

We tested that idea. We went to Grand Central Station in New York with two rings. One was a piece of cubic zirconia, worth about a dollar. The other was a $10,000 diamond.

I asked people which they liked more.

Most people could not tell the difference. Of dozens of people we asked, nearly half picked the cubic zirconia.

Yet women told us, even if they had preferred the look of the imitation, they'd still rather be given the diamond. "It just makes you feel like you're special," said one woman. "I know what I want on my finger, and it has to be the real thing."

We'll spend more for a rock because a South African cartel has run a great ad campaign? Apparently we will.

Give Me a Break!

Now it happens that the producer and editor of this story, and I, are men. So maybe we're missing something. I'm curious what women will say on the message board ….


TOPICS: Business/Economy; Culture/Society
KEYWORDS: debeers; diamonds; stossel
Navigation: use the links below to view more comments.
first previous 1-2021-4041-46 last
To: Gingersnap

It's Ron White who does it. He says it's close to truth in advertising. DeBeers keeps changing their slogan.

It was first "Diamonds.. are forever."
Then it was "this year, take her breath away."
"Diamonds.. render her speechless."
Well why don't they just come out and say it.

"Diamonds.. That'll shut her up......for a minute."


41 posted on 12/02/2004 4:45:38 PM PST by YoungHickey
[ Post Reply | Private Reply | To 13 | View Replies]

To: Mr. Mojo; Tensgrrl
perferable = preferable.

lol....I just realized that the "CZ" you were referring to is Cubic Zirconia. I had originally thought you meant Ceska Zbrojovka (a gun).

42 posted on 12/02/2004 5:23:02 PM PST by Mr. Mojo
[ Post Reply | Private Reply | To 16 | View Replies]

To: swilhelm73
One ad campaign asserted that "diamonds are forever." But they aren't.

Graphite is the stable form of carbon at room temperature and pressure, not diamond. Diamonds are hard but brittle: they will crack or chip. Diamonds will also burn.

Giving a diamond as the symbol of love implies that love is unstable, hard, and brittle, and that it can't stand the heat.
43 posted on 12/02/2004 5:24:45 PM PST by Logophile
[ Post Reply | Private Reply | To 1 | View Replies]

To: Harmless Teddy Bear
It is even more lovely because he took the time to find out what I loved and get it for me.

There's the real key! Nothing DeBeers has can compare to the caring of someone choosing something that we truly love. A small gift from the heart is worth more than all the diamonds in DeBeer's warehouse! :-)

44 posted on 12/02/2004 6:34:09 PM PST by Wneighbor
[ Post Reply | Private Reply | To 36 | View Replies]

To: swilhelm73

The DeBeers ads for diamonds are about as subtle as the ads for Viagra. I hate to point out the vulgarity in the ads, but have to--they scream to men, "buy her a diamond and you'll get some". The ads also work on women's psyches as well (in ways pointed out above), so I guess the ads are equal opportunity disgusting.


45 posted on 12/02/2004 9:32:13 PM PST by CivilWarguy
[ Post Reply | Private Reply | To 1 | View Replies]

To: CivilWarguy
The DeBeers ads for diamonds are about as subtle as the ads for Viagra. I hate to point out the vulgarity in the ads, but have to--they scream to men, "buy her a diamond and you'll get some".

You don't say...

She'll pretty much have to

46 posted on 02/01/2006 6:45:28 PM PST by bikepacker67
[ Post Reply | Private Reply | To 45 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-4041-46 last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson