From Idea to Reality. Introducing: Simayaz



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As women continue to lead and empower nations and industries, here’s another leader who brings multi-industry best practice expertise to get fashion & lifestyle adapt with the new normal. Simayaz is redefining style by introducing fine jewelry in exquisite real pearls at genuine prices. Thus, winning hearts by making high-quality fine jewelry more desirable and more affordable.

We’re extremely excited to work with Shrabonee Paul to make the Simayaz jewelry line available on CaratX. See The Simayaz Story here

Check out the launch of the: Natural Pink Pearl Drop Pendant Set

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CaratX Launches New Platform For Sellers During Covid



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Article: CaratX Launches New Platform To Help Diamond, Gemstone and Jewelry Buyers and Sellers

CaratX launched in 2020 after we recognized the need for a better e-commerce and m-commerce channel. CaratX offers a unique channel that connects buyers and sellers through the CaratX platform, while enabling them to do business through actual e-commerce and m-commerce. Their mission, as stated on the website: Our mission is to connect the diamond industry on a single platform. To provide retailers, wholesalers, dealers, brokers and independents a place to buy and sell to customers. 

"Businesses need tangible solutions now more than ever. We can't keep doing the same thing over and over, then expect things to change in our favor. The industry needs help and technology can facilitate that objective. The fees, the lack of transparency, the waiting for a seller to respond, the lists upon lists that you have to sift through, and the lack of trust. It's time for a change. Businesses of all kinds in the diamond/jewelry space are being strangled by all the red tape. Now is the time to make things easier not harder. Especially during Covid-19! That's why we're doing this. That's the problem we want to solve", says Josh Burwick, Co-Founder and CEO of CaratX. 

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Marketplaces for Business- How do I pick the right one?



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Selling on a Marketplace for your Business: Picking the Right One

Picking a marketplace to sell on for your diamond, gemstone or jewelry business can be difficult. There is only a few options out there, so you have to decide what is important for your business. Some things to think about: 

1. What are the fees? Yeah...fees. Most of the options today are: fees galore. Listing fees. Subscription fees. Transaction fees. Refund fees. Return fees. Re-stock fees. Re-list fees. Have you not had enough of this? Make sure before you open a store or sell something online- you ask about their fee schedule. Ask us about ours in fact. We are open about it. 

2. Does it have a shopping cart checkout? This is another biggie. Many of the marketplaces out there don't have a true checkout experience. Like...I want to put my credit card in and buy the product to have it shipped to me. Not buy access to some list and then have to send an email or a message to the seller! It is 2020 after all. We have the technology to support a true e-commerce checkout experience.

3. When does your business get paid? When you sell an item, it is cricitally important to ask: When do I get paid after my item sells? Many of the other guys and have lengthy pay-out periods or delayed processes. That or they charge you so much your margins dissapear. Either way, no one wants that. 

We hope this helps you make the right decision for your business! Follow us on Twitter and Facebook to keep up to date with the latest at CaratX!

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