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GJEPC to Organize the First Diamond Studded Jewelry Virtual Buyer-Seller Meet

It will be held from November 25 – 28, 2020.

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(PRESS RELEASE) MUMBAI — After the success of the Virtual Buyer-Seller Meets for loose diamonds and plain gold jewelry, GJEPC is all geared up for the diamond studded jewelry VBSM from 25th – 28th November 2020. Buyers are expected from the UK, the USA, Europe, Australia, New Zealand and Russia.

Top diamond jewelry manufacturers from India would be showcasing their innovative and trendy jewelry, especially designed for these markets at the VBSM. Companies including Savio Jewellery; Shankar Jewels Ltd.; K P Sanghvi International Pvt. Ltd.; Elvee Jewels Private Limited; Uni Design Jewellery Pvt. Ltd.; Fine Jewellery Manufacturing Pvt. Ltd.; Tanvirkumar & Co.; Kama Schachter; Priority Jewels; and GNS Jewellery will be participating in the diamond jewelry VBSM.

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Colin Shah, chairman, GJEPC, said, “Buyers are gradually getting used to the virtual platforms, and business transactions have been taking place across the Virtual Buyer Seller Meets for loose diamonds and plain gold jewelry organized so far. Even the IIJS Virtual, GJPEC’s flagship show held recently, garnered overwhelming response from the buyers across the globe and India. The product-specific VBSMs are especially designed for the international buyers. Demand for gems and jewelry have gained momentum with the soon approaching holiday season that is expected to further boost the demand. Manufacturers of diamond jewelry are geared up to showcase some very exquisite and unique pieces designed and crafted for the world market”.

Dilip Shah, convener international exhibitions, GJEPC, said, “Conducting business on virtual platforms is the new normal, and our effort is to give a better experience each time. The key features of the VBSM are unique proprietary technology used for product profiling; augmented reality for enhanced product experience and parallel viewing of the product catalog — all these features will create a lifelike simulation and ensure that communication between buyers and sellers will be through servers and therefore secure.

“Through our various virtual shows, the effort is to revive the B2B transactions in business. In November, apart from diamond studded jewelry VBSM we also plan to organize VBSMs for colored gemstones, loose diamonds, silver jewelry and platinum jewelry,” added Dilip Shah.

The details and schedule for other Virtual Buyer Seller Meet are as under:

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GJEPC VBSM table schedule

GJEPC organized the first India Global Connect Meet with UK retailers recently, with a view to strengthen the business relationship between the Indo-UK gem and jewelry trade. GJEPC will be organizing more such meets with countries like Colombia, Switzerland, Saudi Arabia, Singapore, the USA etc. in the near future.

Some of the salient features of this Virtual Buyer Seller Meet are:

  • Cloud storage for secure online trading; buyer-seller matching
  • Optimal choice for buyers and sellers to choose gamut of options exhibited by the exhibitors
  • Life-like experience simulation
  • Watertight parameters for trustworthiness
  • Enhanced networking opportunity
  • GJEPC will assist in creating product catalogs or directories of high-resolution images for exhibitors on the Council’s VBSM website
  • Buyers will be able to search specific product types to find the exact merchandise they need
  • The GJEPC website will make it easy for the buyer to view the online product directory, even during live video meetings
    For the live one-on-one meetings between the buyer and seller, GJEPC will provide high-end cameras for product viewing during the interaction from the exhibitor’s office
  • Up to 20 product images will be included in a VBSM package, which will be created and uploaded by GJEPC

GJEPC will manage, schedule and run video meetings directly through the GJEPC VBSM website platform, as per the scheduled dates and time. After the online matching of buyer and seller products, each meeting schedule between buyer and seller will be arranged for approximately 45 minutes; and in a day only 3 to 4 meetings will be planned between a buyer and seller. Meeting IDs will be created for each exhibitor, which will be shared with the buyer, to meet online at a scheduled time and discuss their business.

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