Point-of-Sale Custom Jewelry Visualization
BEVERLY HILLS, CA / ACCESSWIRE / March 15, 2017 / Reign Sapphire Corp., (OTCQB: RGNP) ("Reign" or the "Company"), a direct-to-consumer, branded and custom jewelry company today announced the launch of its subsidiary Coordinates Collection's updated authorized retailer program.
In the new program, the consumer can experience and order their custom jewelry real time through a point-of-sale (POS) visualization iPad app placed in reseller locations.
The order can then be drop shipped direct to the consumer or to the reseller locations.
This replaces the outdated wholesale model with one of greater POS consumer impact that requires no inventory or consignment product.
Resellers include jewelry chains, hotels, casinos, private clubs, spas and cruise ships.
The app links directly to the Coordinates Collection dedicated retail portal where discounts are automatically applied and funds sent straight to reseller accounts.
Authorized resellers will receive a product sample display kit, signage and the iPad with the interactive app pre-loaded.
"This is an indispensable upgrade to our sales process and our intention is for it to result in greater B2B contribution to our revenue overall," commented Joseph Segelman, Reign Sapphire CEO. "It can also improve profitability due to the elimination of steps between our facility and the consumer."
Further upgrades include integrated reporting and order tracking for the reseller and easier scale and regionalization for Reign Sapphire.
About Reign Sapphire Corporation:
Reign Sapphire (RGNP) is a Beverly Hills-based, direct-to consumer, branded and custom jewelry company with 3 niche brands: Reign Sapphire: ethically produced, direct mine-to-consumer sapphire jewelry targeting millennials, Coordinates Collection: custom jewelry, inscribed with location coordinates commemorating life's special moments, and Le Bloc: classic customized jewelry.
Investor and Media Inquiries:
info@reignsc.com
+1 (213) 457-3772
Forward Looking Statements
This press release includes "forward-looking statements" within the meaning of the U.S. federal securities laws, which statements may include information regarding the plans, intentions, expectations, future financial performance, or future operating performance of Reign Sapphire Corporation ("Reign" or the "Company"). Forward-looking statements are based on the expectations, estimates, or projections of the Company's management as of the date of this press release. Although Reign's management believes these expectations, estimates, or projections to be reasonable as of the date of this presentation, forward-looking statements are inherently subject to significant business risks, economic and competitive uncertainties, or other contingencies, which could cause the Company's actual results or performance to differ materially from what may be expressed or implied in the forward-looking statements. Important factors that could cause Reign's actual results or performance to differ materially from the forward-looking statements include those set forth in the "Risk Factors" sections in the Company's filings with the Securities and Exchange Commission, including the risks set forth in the company's Annual Report on Form 10-K for the year ended December 31, 2015, which is available for viewing on the SEC's EDGAR website. These forward-looking statements speak only as of the date of this press release and, except as required by law, Reign specifically disclaims any obligation to update these forward-looking statements, even if new information becomes available in the future.