Responsible business practices ‘no longer optional’, says WDC President Feriel Zerouki

The president of the World Diamond Council takes time out of her busy schedule to tell Rough&Polished readers about the critical work of the WDC. Zerouki, the first female present of the body, which includes all the important industry organizations among...

14 october 2024

James Campbell: Botswana Diamonds optimistic as it enters uncharted territory of using AI for mineral exploration

London-listed Botswana Diamonds has expressed optimism about the company’s use of artificial intelligence (AI) to scan the exploration database in Botswana to look for new mineralised deposits. Company managing director James Campbell told Rough...

07 october 2024

Artur Salyakayev: For me, happiness is freedom to make my ideas happen and create valuable products

Artur Salyakayev is an art entrepreneur, founder of the International Jewelry Academy (IJA) and the INCRUA jewelry company. He has initiated and developed successful projects in jewelry industry and services sector. He is also a leading expert...

30 september 2024

Paul Zimnisky: China key for sustained recovery in demand for natural diamonds, prices

The curtailing of upstream and midstream natural diamond production in the past months is starting to have an effect on prices, according to the New-York-based independent diamond and jewellery analyst and consultant, Paul Zimnisky. He told Rough & Polished’s...

23 september 2024

Vladimir Pilyushin: The jewelry market is not stand-alone and moves by the same laws as other markets

Vladimir Pilyushin is editor-in-chief of Russian Jeweler, a leading magazine about the jewelry industry in Russia. He told Rough&Polished about his view on the evolution of the jewelry industry in Russia and touched upon some of its problems.

16 september 2024

"585*GOLD" increased the share of new customers by 20% due to matching databases with banks

24 april 2023
The 585*GOLDEN network, thanks to database matching, covers an audience of 13.2 million people monthly through the communication channels of banks.
Credit institutions broadcast cashback offers through available communication channels: email newsletters, push notifications, posts in social networks, notifications in the banking application.
As a result, the share of new customers for the jewelry chain has increased by 20% since mid-2022 and now reaches 64%.
For customers, matching on the bank's side allows you to get a unique discount, 5-10% lower than the market price. Moreover, you can get such a discount at the most relevant moment, for example, on your birthday, before preparing for a wedding or for another event, when you plan to buy jewelry gifts for yourself and your loved ones.
According to the study "585 *GOLD", additional financial bonuses are important for 60% of buyers.

Alex Shishlo for Rough&Polished