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Over the past year the Israeli Diamond Industry introduced several electronic commerce initiatives
Israeli diamond - Affixing the Mezuzah in the new wing. Right to left: IDE President Yoram Dvash, IDI Chairman Shmuel Schnitzer, and IsDMA President Kobi Korn
Credit: IDI

The Israel Diamond Exchange (IDE) opened a new wing dedicated to promoting internet marketing among its members. Over the past year the Israeli Diamond Industry has introduced several electronic commerce initiatives, signaling a new direction for the industry.


This year IDE together with the Israel Diamond Institute launched GET-DIAMONDS, the Israeli Diamond Industry’s official diamond trading platform. It offers international and local buyers free access to all Israeli diamonds via an advanced B2B trading platform, free of charge, user friendly, and accessible any time and from anywhere.


The new internet marketing facility, which is open for use by bourse members, is manned by staff to instruct diamantaires in how to join e-commerce platforms and how to upload their goods. It is equipped with computers and 360 degree cameras for photographing diamonds to upload on e-commerce websites.


Yoram Dvash, President of the Israel Diamond Exchange, said: “We are making great efforts to provide new marketing channels to our members, and to encourage them to use the internet as a selling tool. I believe that this will give our industry a relative advantage. We need to look ahead, and this is the direction of the future”.

Tags: Diamonds News, Diamond Industry News, Technology News

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