Press release
White Pine Trading Launches GIA Listing Service to Increase Members’ Diamond Sales
New platform enables diamond houses and brokers to access premier trading networksAugust 09, 2016 – New York, NY – White Pine Trading LLC (“White Pine”), a leading purchaser and trader of diamonds, fine jewelry and luxury watches, today launched a new listing service that provides smaller diamond dealers and pawnbrokers a world-class distribution channel for GIA-graded diamonds. The new platform will provide access to premier trading networks, regardless of a member’s size, funding or supply, and it will improve members’ access to brick and mortar and online retail outlets.
The White Pine team oversees every element from listing and sale management to relationship maintenance and credit risk. Each user receives a dedicated account manager to help ensure a seamless and simple onboarding process, provide regular performance reports, manage all payments and facilitate a smooth, productive and valuable experience.
In addition, this new listing service enables partners to sell GIA inventory alongside White Pine’s 5,000 GIA-graded stones for increased reach and efficiency. The company’s proprietary distribution pipeline includes several thousand independent retailers and chains globally supported by White Pine’s regional and in-house certified diamond sales teams and account managers. This network, combined with decades of collective experience of White Pine’s professionals and product innovation offers a unique opportunity to diamond dealers world-wide.
Benjamin Burne, CEO, White Pine, said, “We are dedicated to assisting in the development of the diamond trading industry, especially through the support of the small retailers who play an important role despite the challenges they face due to the scale of their operations. We are pleased to present members of the industry with a new way to increase GIA sales, while simultaneously enabling improved productivity and capability to facilitate the growth of their businesses.”
For additional information, please visit www.whitepinediamonds.com or contact Joe Busuito at (646) 758-0249 or JBusuito@whitepinediamonds.com.
About White Pine Trading LLC:
Established in 2010 with an aim to revolutionize the diamond industry’s use of recycled product, White Pine Trading LLC is one of the world’s leading recycled diamond and jewelry companies. The company buys and sells certified diamonds, parceled diamonds, fine jewelry and watches through a variety of distribution channels. The Company’s experts also offer a range of consulting and appraisal services to financial services companies and the jewelry industry. Today, White Pine Trading holds offices in New York, Birmingham (UK) and Tokyo and had more than $50M in revenue in 2015. To learn more, visit www.whitepinediamonds.com.
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