Whether you are just beginning to sell engagement rings, or perhaps are looking for other outlets to assist your business, knowing how to properly advertise the company can mean a world of financial difference. Putting into place a few good methods of advertisement can raise your profit potential. One of the most cost effective ways to advertise is to create fliers or place an ad in the local news paper that indicates the business name, location, phone number, any sales you might currently be running, and what merchandise is carried. The only draw back of this approach is that advertisement will be mostly local. This, used in conjunction with a few other advertisement methods, can be useful. Another cost effective way to sell rings and other merchandise is to establish an online presence.