White Sparkles Goes Online and Unveils Gemtradenet.com to Promote Thailand as a Jewelry Hub; Projected Sales Revenues Point to Baht 100 Million

White Sparkles is a leader in innovative technology for the jewelry industry and has energized the market with its “Online-Marketing strategy”, promoting Thailand as an international market for Gemstones and jewelry. It is launching www.gemtradenet.com as a new “E-Market” channel which is the first of its kind in Thailand. This initiative is projected to earn 5% in sales revenue for the first year and 10% for the next year which equates to about roughly 50 million baht for the first year and 100 million baht for the second year.

Bangkok (PRWEB) June 24, 2006 -- White Sparkles Jewelry Thai Co.,Ltd. , is a leader in innovative technology for the jewelry industry which has made history in the diamond and jewelry market in Thailand with the launch of www.Gemtradenet,com ,a first of its kind for online-marketing of Diamonds, Gemstones and Jewelry. The company focuses on the "E-Market" channel projecting Thailand as an international market for Gemstones and jewelry.

Mr.Anil Oberoi, Chief Executive Officer, White Sparkles Jewelry Thai Co., Ltd said "The total gross profits realized from the Gems and jewelry market is getting higher both in the Thai and international market. It is mainly due the economic resurgence happening in Thailand and also globally after the 1997 crisis. This economic upswing has resulted in increasing the market worth of the jewelry industry in particular. At the same time this has also fuelled the emergence of alternative sales and marketing channels mainly over the Internet. In 2006, White Sparkles ascertained that consumers also tend to change along with introduction of new technology. There has been a significant increase in the number of consumers who are interested in online channels. Therefore, White Sparkles would like to serve our customers' needs with a brand new website www.Gemtradenet.com which aims in becoming a point of connection between Gemstone & Jewelry buyers and sellers, specifically catered to suit the developing needs of consumers".

Gemtradenet.com serves as a connection between buyers and sellers of Gemstones, Diamonds and Jewelry. This brand new idea is all set to usher Thailand into an international market for Gemstones, diamond and jewelry products through online marketing, which connects to an E-Global network providing unlimited opportunities.

"In 2005, the E-Market grossed over 340 zillion baht in the global market and is poised to become one of the most influential types of marketing channels in the future. It appears that the E-Market channel will definitely gain significant chunks of market share within the Thai Gems and jewelry market and generate huge profits for the Thai economy. It would also prove beneficial to buyers and sellers on cutting unnecessary expenses mainly on merchandising and marketing management" added Mr. Anil.

In terms of the services offered through Gemtradenet.com, it is broadly divided into 2 parts. The first part is for the buyer and the second part is for the seller. Services offered includes a "Search Engine" which helps both buyers and sellers to find out all information on jewelry products sorted by shape, price and company information with the "Want it now" functionality used for online purchasing. "Close Outs" is the channel which can be used to communicate with target customers, "Newsletters" provide news for members and interesting facts from the diamond and jewelry market.

"We hope that all distributors, both buyers and sellers can increase their income and profits through GemTradeNet.com. We at GemTradeNet.com will manage your business with ease and efficiency. White Sparkles also hopes that in the very near future we would have more and more members joining us in order to show that Thailand indeed has the potential to become a leader in the global Gemstones and Jewelry market" remarked Mr. Anil.

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