(PRESS RELEASE) MILAN, ITALY– With fewer than 4 weeks to go to the opening of the 2021 CIBJO Congress on November 1, 2021, the fifth of this year’s CIBJO Special Reports has actually been released. Prepared by the CIBJO’s brand-new Technology Committee, headed by Stephane Fischler, the record focuses on disruptive technological developments in the jewelry and also gemstone market as well as trade, for which in the words of the writer “it is feasible to talk about the means things were before the development and also how they were after that.”
As Mr. Fischler keeps in mind, for much of its history turbulent technological advancements were focused in jewellery’s mining and also production fields, whereas the wholesale and retail professions continued to run according to attempted as well as shown organization designs. That began to move with the development of the Internet as a sales tool and the begin of social media sites advertising and marketing, however also then numerous remained anxious as a result of unpredictability whether customers were ready to purchase costly items online. Nonetheless, 2020 and the beginning of the international pandemic confirmed to be a gamechanger. “With trading facilities intermittently stopped from opening their doors because of COVID-19 lockdowns and also, also when they were not, limited in the number of people they can allow on their premises, internet marketing and sales ability came to be a need, instead of an alternative for the more tech-savvy,” he composes.
The modifications taking place in the profession, and specifically at the retail level, have actually transformed consumer data into one the sector’s most valued products, Mr. Fischler states. For an organisation like CIBJO, which is worried about worldwide practices, this elevates new questions. “Standards need to be created for exactly how [information] is managed. How should it be firmly stored, evaluated as well as eventually utilized? These are discussions taking place throughout the tech-world, and also problems of conflict dumbfounding the market, the public and federal government regulatory authorities,” he writes.
CIBJO congresses work as the official meeting place for the Globe Jewelry Confederation’s global subscription, and also are likewise the location for the yearly conferences of CIBJO’s sectoral payments, where amendments can be presented to the organisation’s definitive directory sites of worldwide market criteria for diamonds, coloured stones, pearls, treasure laboratories, precious metals, coral reefs as well as responsible sourcing, referred to as heaven Books.
The CIBJO Congress is likewise where the program of Globe Jewelry Confederation Education And Learning Structure (WJCEF), connecting to responsible and also lasting tasks in the market as well as CIBJO’s recurring participation with the United Nations and its development programme is reported upon.
To download and install a full duplicate of the CIBJO Technology Committee’s special report, Go here.