Skip to content
You are here: Home arrow Funds arrow Polygon arrow Jacques Voorhees In Role of Professor

Jacques Voorhees In Role of Professor

PDF Print E-mail
Written by Subhasis Chatterjee   
Tuesday, 31 July 2007

It has come to the knowledge that the President and CEO of Polygon, the prominent Internet marketplace of the jewelry industry, Jacques Voorhees had gone through a direct conversation with the employees of Fortunoff emphasizing on the requisite strategy to acquire and to maintain the pivotal position in the very industry in the coming days. It has also been learnt, that the CEO had been requested by Esther Fortunoff in person to speak to her staff on this gradually more critical issue facing all bricks & mortar retail stores in today's world. It is to be note in this regard, that Voorhees is famous for these types of discourses, and in the recent days he had presented a analogous presentation at the Couture Diamond Conference.  

Polygon is the largest online marketplace for business-to-business trading in the gem and jewelry industry operating in the jewelry industry for the last 22 years at a stretch. On Polygon, seller's list inventories of their products and buyers search based on their needs but actual business transactions are limited to members. Only legitimate gem and jewelry companies are allowed access and it is closed to consumers. The company is in operation in the U.S. since 1984 and is now expanding into Asia, South Africa, the Middle East, and Russia as a joint venture with the Dubai Multi Commodities Centre. . The first and largest B2B members only trading network features the database of loose diamonds valued at over $2.1 billion dollars in addition to the most comprehensive database selection for finished jewelry (JewelryNet), colored stones (ColorNet) and pre-owned watches (WatchNet).

When being asked about the positive impact of the communication, Esther Fortunoff, Senior Vice President for the world-famous jewelry superstore that carries her name said, "As the founder of Polygon, and perhaps the 'father' of online trading in the jewelry industry, Jacques Voorhees brings his unique perspective to a crucial question: how can bricks and mortar stores position themselves to effectively compete against Internet e-tailers? At Fortunoff, we know the key is to stress value, not just price. Jacques introduced to our team some very powerful and intriguing ways of conveying this message to the consumer. It's a presentation I think every salesperson and manager in retail jewelry should hear. The techniques he shared will be part of our presentations this holiday season."

 

 
EMAIL UPDATES:

Login Form






Lost Password?
No account yet? Register

Syndicate