BVC Launches Vamastores
The Indian diamond & jewellery industry is experiencing the worst phase of the century due to COVID-19. Health concerns have produced a zero revenue month for the entire industry. Consumer purchase from jewellery retailers is expected to drop by 90% in the first six months of 2020.
Among uncertainty, the only guaranteed behaviour change of consumers is to buy online. E-Commerce of gems & jewellery is expected to grow by over 50% this year. To support the industry in becoming online ready, BVC announced the launch of Vamastores.
Vamastores offers jewellers a fully integrated e-commerce website with a beautiful design, secure domestic & international payment options, logistics integration, email, SMS, live chat, SEO & social media marketing. To increase sales for jewellers, Vamastores will leverage BVCs deep relationships with Flipkart, Amazon, eBay & other marketplaces to list products to boost sales. Vamastores is aimed for thousands of jewellers and costs 1/10th of the cost of traditional options & is ready within 24 hours.
Rohit Chemburkar, CEO - Vamastores, said, “Jewellers have shared their challenges with us since years where they don’t get a website of their design, it takes over 6 months of delays, doesn’t work on mobile and most of all, costs anywhere between 6 to 50 lacs & doesn’t produce any sales.
We’re delighted to share that with Vamastores, we solve all these challenges by offering a beautiful website, fully integrated, enabling sales globally through marketplaces & all at a fraction of the cost of building through other partners. We aim to help jewellers come out of the COVID-19 pandemic stronger than ever.”
BVC Logistics has been an industry partner for over 60 years and through Vamastores aims to shape the transition of jewellers from offline to Omnichannel.
About Vamastores: (www.vamastores.com) Vamastores is on a mission to digitize jewellers. Backed by BVC & leveraging its deep partnerships in the jewellery industry, Vamastores helps jewellers go online with a beautiful, fully integrated website in 24 hours. It helps boost sales through the introduction to marketplaces & manages the website, becoming a one-stop for traditional jewellers to go online.