The Israeli Diamond Institute has launched a new upgrade to its online buyers' system during JCK Las Vegas, held in early June.
The new online buyers' system includes a live trading platform, where a buyer can define the type of merchandise he needs and suppliers present at the conference can respond immediately.
"The new system is based on a live online feed," said IDI's Chief Marketing Officer Nissim Palomo. "Once buyers arrive at one of the seven international shows, instead of leaving a business card in every Israeli diamond supplier's booth, they can just enter their contact information and requirements into the system, and the information is sent to all the diamantaires present."
The upgraded online buyers' system, system, developed by IDI's Information Technology department, is meant to expand international buyers' access to the wide array of products offered by diamond suppliers in the Israeli diamond industry. Israeli diamond suppliers would have real-time access to demand information, and can get a list of client contact details.
The earlier version of the online buyers' system was introduced by the Israeli diamond portal manager Orna Chait at the Hong Kong International Jewelry exhibition held in March.
"The system allows buyers to distribute their demands online, ensuring they won't miss any of the Israeli supplier present at the show. This is a faster, innovative way of conducting business, while preserving the Israeli diamond industry's tradition of offering innovative trading and services," said Palomo.
When buyers log into the system, it asks them to choose the appropriate category: diamond importers, diamond producers, diamond merchants or jewelers.
Buyers are then asked to specify their diamond needs, and are given the option to choose by clarity, cut, carat, color and finish.
"The new online system provides online information on buyers' demands," said Chait. "Once the information is entered into the system, Israeli diamantaires get an immediate online alert about a buyer looking for specific merchandise and they can meet them during the show."
The IDI online buyers' system also allows buyers who are not physically present at a certain show, to enter their information and be included in the list of buyers available to Israeli diamond suppliers, as well as enjoy a wide range of diamonds and the Israeli diamond industry's trademark quality service.
You can Subscribe to our blog via E-mail, or RSS, or join our social networks community on LinkedIn profile, LinkedIn group, Facebook fan page and Twitter.