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IDI Launches Cyber Christmas B2C Sales Platform

Nov 24, 2014 1:37 AM   By IDI
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Press Release: The Israeli diamond industry is gearing up for Cyber Monday with a pop-up business-to-consumer (B2C) ecommerce platform for loose diamonds and diamond jewelry, launched by the Israel Diamond Institute Group of Companies (IDI). The dedicated mini-site, which will offer goods at considerable discounts from some of Israel’s leading companies, will go live on December 1 and will be up for the entire month.

"Israel Diamond Deals" has been especially curated to offer hand-picked natural diamonds and diamond jewelry in the following categories: polished white and natural fancy color stones, engagement rings, right hand rings, pendants, earrings and bracelets. Discounts on the items range from 4 percent to 33 percent, with list prices ranging from $995 to $211,200.

Last year, IDI held a Cyber Monday B2C pilot, offering goods from a small selection of companies. Based on the overwhelming response, IDI decided to invite a greater selection of companies to participate and to extend it to the end of December.

Selling directly to consumers is a fairly new development for the Israeli diamond Industry, which has historically sold almost exclusively business-to-business (B2B). In the past few years, with the active support and encouragement of IDI, some Israeli diamond companies have begun to sell online, both to businesses and consumers. Although the diamond industry has always been conservative by nature, this trend reflects the willingness of some of the Israeli companies, steered by a younger generation of diamantaires, to utilize multiple marketing channels.

IDI's chairman, Moti Ganz, praised the initiative, saying, “The Israeli diamond industry is extremely diversified, with many companies manufacturing their own diamond jewelry. Our companies are looking for multiple marketing channels and the Cyber Monday program is a great way to support them in selling B2C.”

IDI's managing director, Eli Avidar, said, “Selling diamonds and diamond jewelry to consumers over the Internet has proven itself. Through our portal site, social media, special apps and proprietary software, IDI has led the Israeli industry into the digital era. The Cyber Monday pop-up platform is our latest innovation, and there will be many more to come.”

Israel Diamond Deals will be supported by IDI with an intensive marketing campaign in English, Hebrew, Chinese and Russian through the IDI portal site, social media, email, press releases and banners.

Find Israel Diamond Deals at israeldiamonddeals.com.

Rapaport News is not responsible for, and does not endorse, the content of any third-party press release. This is not a Rapaport Press Release. It has been provided as additional information for our clients.
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