Breaking News: Reign Sapphire Launches Improved Reseller Program

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This replaces the outdated wholesale model with one of greater POS consumer impact that requires no inventory or consignment product.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 (OTCQB: 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:

Leave a Comment