THE BIG NETWORK™
Explore the benefits for our retail partners. Rêvelation Lab Grown Diamonds by Craft Diamonds is participating in The BIG Network™ to enhance our ability to collaborate with our customers.
Rêvelation Lab Grown Diamonds by Craft Diamonds has partnered with Buyers Intelligence Group (BIG) as a 3rd party administrator to help gather data related to sales in units and inventory on hand for your store. All sales and inventory will be collected, however only Rêvelation Lab Grown Diamonds by Craft Diamonds sales and inventory will be provided to Rêvelation Lab Grown Diamonds by Craft Diamonds. To facilitate the data collection, BIG will install software to export the data. All data is kept in strict confidence, and only Rêvelation Lab Grown Diamonds by Craft Diamonds data will be reported to Rêvelation Lab Grown Diamonds by Craft Diamonds and their sales force.
WHAT IS THE BIG NETWORK™?
- Invitation only, permission-based platform
- Facilitates collaborative inventory management between retailers and vendors
- BIG (Buyers Intelligence Group) serves as 3rd party administrator
“In order for both retailers and vendors to be efficient with their inventory and cash flow, retailers are going to have to start sharing their inventory. The concept of sharing data in a quick and efficient manner through one central location, will make prices more competitive so you can offer the end consumer the best product at the best price. I think it’s the answer to the future.”
Tom Williams, Floyd & GreenTHE BENEFITS TO YOU
THE BIG NETWORK™ IS FREE
Retailer participation is completely free.
COLLABORATE ON INVENTORY
Rêvelation Lab Grown Diamonds by Craft Diamonds can proactively stock balance non-performing items and work with you to replenish stock faster and more efficiently.
FREE SALES REPORTS
You are entitled to receive an automatic Daily Sales Report from BIG’s inventory management system, Balance to Buy™.
PRIVATE AND SECURE
Manage your permissions to vendors online with your own unique username and password.
How It Works
EASY
POS specific software installed to export sales and on-hand inventory data.
QUICK
Initial remote set-up session generally takes 15 minutes or less.
SIMPLE
All sales and inventory collected. Only vendor specific sales and inventory provided to the vendor.
PRIVATE
No retail prices, gross profit or GMROI shared with vendors.*
SECURE
No customer’s personal information (i.e. address or credit card info) is ever collected.
*ONLY unit sales, cost of item on hand and on hand inventory is shared with vendors.