The Israel Diamond Exchange (IDE) opened a new wing dedicated to promoting internet marketing among its members. The new internet marketing facility, which is open for use by bourse members, is manned by staff to instruct diamantaires on 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.

IDE President Yoram Dvash 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."

The IDE said that over the past year the Israeli diamond industry has introduced several electronic commerce initiatives, signalling a new direction for the industry.

Earlier this year, the IDE together with the Israel Diamond Institute (IDI) launched the Israeli diamond industry's official diamond trading platform get-diamonds.com. It offers international and local buyers free access to all Israeli diamonds via an advanced B2B trading platform free of charge.

https://www.gemkonnect.com/news/ide-opens-e-commerce-wing-members