MarketOrders awarded for Excellence in Supply Chain Optimisation at SME Business Elite Awards

We are proud to announce that MarketOrders has been awarded for Excellence in Supply Chain Optimisation at SME Business Elite Awards.

Ram Krishnna Rao, CEO & Co-Founder of MarketOrders, reacted to the news: “We have been working diligently for years to innovate and upgrade an outdated supply chain system. For MarketOrders to be awarded as winners for supply chain optimisation is a fantastic achievement as we have been pioneering the use of technology and digital innovations to streamline the supply chain and bring much-needed efficiencies in the gold and diamond jewellery industry.”

Sukhi Jutla, COO & Co-Founder of MarketOrders, added: “It’s fantastic to be recognised for the innovations we are bringing to the gold and diamond Jewellery industry with our pioneering work at MarketOrders, which utilises frontier technologies such as blockchain, artificial intelligence and sensors to ensure transparency in the supply chain. This award strengthens our position as leaders in this field and it’s an honour to be recognised. Thank you.”

 

To find out more about the 2019 SME Business Elite awards winners, click here to access the Q3 issue of SME News Magazine (full list of the winners is page 43).

MarketOrders has been nominated for over 25 awards! Find them all on our Awards section.

 

Click here to see the first cover of the issue

Click here to access the full list of winners

 

MarketOrders Co-Founders invited to visit the Assay office

This week our CEO, Ram Krishnna Rao, and our COO, Sukhi Jutla, were personally invited to visit the Assay office in Birmingham. During this trip, they discussed how to work together to better serve our retailers and provide them with the services they need.

This is an exciting next step in the continuing growth of the MarketOrders journey.

The Assay Office in Birmingham is the home of the UK hallmarking for precious metals including gold and silver.

When gold and silver jewellery products are shipped from the suppliers, it is the responsibility of the retailer to ensure they have adequate hallmarking.

This is where the Assay office comes in. They are an independent entity which was created from an Act of Parliament and is over 240 years old! Each piece of jewellery that is hallmarked undergoes thorough checks to ensure that the consumers are assured they are getting the right quality of products.

The assay office not only does hallmarking but also offers these services:

  • Assaying, hallmarking & laser marking
  • Analytical testing & quality assurance
  • Diamond & tanzanite grading, pearl & coloured gemstone identification
  • Jewellery, watch & silverware valuations
  • Training, conferencing and heritage events

We got to have a behind the scenes tour but we couldn’t take any pictures for security reasons; so you will have to use your imagination!

Rest assured, the building is guarded day and night. There are plenty of measures in place with the thanks to the volume of gold and other precious metals that pass the doors on a daily basis.

This continues to be a fascinating industry and we also see many opportunities with how MarketOrders can work as a partner with the Assay office and also how we can digitise most of the processes. Stay tuned for more progress!

 

A special Thank You, to the Head of Business development Natalie and Marie.

Learn more here https://theassayoffice.com/

 

 

 

 

MarketOrders Co-Founder shortlisted as Digital Entrepreneur of the Year!

We’re very proud to announce that MarketOrders Co-Founder, Sukhi Jutla, has been shortlisted in the Digital Entrepreneur of the Year category at the Digital Entrepreneur Awards 2019.

Digital Entrepreneur Awards (DEA) celebrates the best of the UK’s digital business ecosystem.

A wealth of amazing organisations, businesses and individuals entered the awards demonstrating outstanding innovation, creativity and talent.

The finalists have been announced by Business Live and Business Cloud!

The awards, now in their 15th year, cover 20 categories encompassing every area of today’s digital business ecosystem from enigmatic leadership to forward-thinking development and cutting-edge creative.

The winners will be announced at a glittering ceremony at The Principal Hotel, Manchester on November 21.

 

Finalists in the Digital Entrepreneur of the Year category are:

Adam Frisby, CEO, InTheStyle

Somayeh Aghnia, Founder, Geeks

Sukhi Jutla, CEO & Founder, MarketOrders

Mark Roberts, Co-founder & CEO, Beer Hawk

Gareth O’Rourke, Founder, CHO Fashion & Lifestyle

Adeem Younis, Founder, Single Muslim

Louis James Davis, Davis Co Holdings Ltd & VST Enterprises

 

MarketOrders Press Release:

 

MarketOrders Co-Founder Shortlisted for National Digital Awards

Today, MarketOrders COO & Co-Founder, Sukhi Jutla, has been shortlisted as a finalist for the Digital Entrepreneur of the Year at the 2019 Digital Entrepreneur Awards (DEAs).

MarketOrders is an online marketplace designed by entrepreneurs, for businesses. Specialised in the gold and diamond jewellery industry, MarketOrders disrupts a traditional sector by using new technology which benefits both suppliers and retailers.

Created in 2016 by serial entrepreneurs Ram Krishnna Rao and Sukhi Jutla, MarketOrders aims to empower high street retailers by helping independent retail jewellers to get the products they need faster, cheaper and directly from global suppliers.

The DEAs are the only national awards dedicated to championing digital entrepreneurialism and innovation across the UK.

Sukhi Jutla reacted to her nomination: “It’s an honour to be named a finalist in the most competitive category in these digital awards. As the world continues to evolve and be shaped by new digital technologies, it is immensely rewarding and to be named as someone who is contributing to these exciting changes and being a part of leading this conversation of change in the digital landscape especially through my work with MarketOrders.net

The finalists beat off competition from hundreds of businesses that entered, across 20 award categories.

The awards, now in their 15thyear, cover categories encompassing every component of today’s online business ecosystem – from enigmatic leadership to forward-thinking development and cutting-edge creative. Categories include Social Media Campaign of the Year, Most Innovative use of Video or Animation and the coveted Digital Entrepreneur of the Year award.

Previous winners of the awards span a range of sectors, from retail giants like Sainsbury’s and PrettyLittleThing to smaller, more agile digital specialists like Social Chain and Clicky Media.

Among the judging panel are Jacqueline de Rojas, president of techUK and chair of the Digital Leaders Board; Heather Waters, enterprise manager at NatWest; Vikas Shah, CEO of Swiscot Group and Susie Ma, founder and CEO of Tropic Skincare.

One of the UK’s true tech heavyweights joins the judging panel this year. President of techUK and chair of Digital Leaders, Jacqueline de Rojas serves on the government’s Digital Economy Council and is an advisor to a number of fast-moving tech companies.

Commenting on the DEAs, de Rojas said: “We are known as a nation of innovators and of entrepreneurs. It is quite simply a privilege to judge the technologies and innovators at the frontier of change.

“The UK is a nation of technological significance and shining a light on entrepreneurship in this space is a way of investing in our digital future.

“I have seen the smallest of changes make the biggest of differences and I am delighted to see the creativity of our digital entrepreneurs fixing real-world problems that are worth solving.”

Visit the DEA website for a full list of finalists or for details on how to book a table at the final ceremony.

 

You can find the official DEA release here.

Fingers crossed!

MarketOrders COO Sukhi Jutla shortlisted at the London Asian Business Awards

 

We are delighted to announce that our Co-Founder & COO Sukhi Jutla has been shortlisted into the finals under Disruptive Entrepreneur of the Year category at the 3rd London Asian Business Awards!

Another great achievement for MarketOrders that recognises the quality of our fantastic team.

So far, MarketOrders has been nominated and/or won 21 awards! You can find them all on our Awards page here.

 

Congratulations to the other finalists!

DR SUKHBINDER NOORPURI (i-GP, Kent)

Priyanka Raswant (Highbrow, Soho)

Nikhil Shah (London Town Group, Paddington)

Rupa Ganatra Popat (FUTR Group, Soho)

Deepak Tailor (Latest Free Stuff, Ilford)

Tahreem Arshad (Sozie, Surbiton)

Sanjay Patel (The Hundred, Camden)

Amin Hamzianpour (The Qube, West London)

Harsha Rathnayake (Junk Hunters, Willesden)

 

The prestigious and glamorous award ceremony will be held on the 26th September 2019 at The Millennium Gloucester Hotel, Kensington, London.

Until then, fingers crossed!

 

Official press release:

 

MarketOrders Co-Founder Sukhi Jutla shortlisted as finalist in the Disruptive Entrepreneur of the Year category for the 3rd London Asian Business Awards 2019

 

London, September 13, 2019: Hundreds of the best professionals and businesses have been shortlisted as finalists for the 3rd London Asian Business Awards 2019. They received nominations across the capital. The Awards celebrate a wide range of the South-Asian community’s achievements. These include the worlds of business, charity, food, technology, law and finance.

The Awards showcase the strength of the Asian community, the impact they have on London’s culture & economy, and highlights their progression over the last year. Categories range from Rising Star, Young Entrepreneur of the Year to International Business of the Year.

The Awards will be held at the Millennium Gloucester Hotel in Kensington on Thursday 26th September.

MarketOrders Co-Founder Sukhi Jutla has been shortlisted as finalist in the Disruptive Entrepreneur of the Year category. Sukhi Jutla will know if she is a winner during the elegant ceremony held in September.

She commented on her nomination: “It’s an honour and privilege to be recognised as a finalist in this year’s awards as a Disruptive Entrepreneur. I believe a win for any woman is a win for every woman everywhere who aspire to achieve their full potential and to live fearlessly and that is something I aim to do on a daily basis through my work. Shining a spotlight on the business achievements of the Asian diaspora I hope encourages the community to keep striving to build better businesses and to inspire the next generation of Asian entrepreneurs”.

The London Business Journal are official media partner for the Awards. The Asian Women’s Resource Centre who provide specialist domestic violence support services to women and children across London are charity partners for the event.

The London Asian Business Awards 2019 presented by Greenleaf Catering are organised by Oceanic Consulting – the UK’s leading ethnic awards company. CEO Irfan Younis said “the London Asian Business community is one to really be celebrated and talked about. They’re a community of amazing achievements, skilled entrepreneurs, business acumen, social mobility and inspiring role models who have consistently gone from strength to strength. Best of luck to all finalists, we look forward to an exciting night.”

With 13 years of experience, Oceanic Consulting host annual award ceremonies in major English, Scottish and Irish cities. Campaigns include the Curry Awards, Asian Business, Asian Food, British Muslim, British Indian and Britain’s Asian Wedding Awards.

 

The full list of finalists can be found here.

 

– ENDS –

 (Note to Editors)

 

To learn more about MarketOrders: https://marketorders.net

LinkedIn: https://www.linkedin.com/company/market-orders

MarketOrders at the International Jewellery London (IJL) 2019

The International Jewellery London (IJL) is the pre-eminent annual destination for the best of British fine jewellery, as well as leading brands from around the globe.

It is the global meeting place for the jewellery trade so it’s only natural that MarketOrders attended. Our COO & Co-Founder Sukhi Jutla was also asked to speak on a panel about The Future of Fine Jewellery.

In this blog post, she gives her personal take on the IFL and the key takeaways points and trends she learned as well as an overview of her panel talk.

About IJL No alt text provided for this image

The IFL is an annual event held in London over the course of 3 days. There were a number of seminars, talks and workshops talking about the new trends and technologies emerging in the jewellery industry.

The exhibition featured a catwalk show showing the latest jewellery designs, an inspiration theatre talking about how to embrace technologies to improve customer experiences and the knowledge Hub where I was speaking.

The key themes at IFL focused on: 

  • The future of lab-grown diamonds
  • The Future of Fine Jewellery
  • Jewellery trends for 2020
  • How to embrace systems and tech to deliver the ultimate shopping experience
  • Sustainability in the jewellery trade

 

MarketOrders point of viewKrystian Ozog also came along and he looks after our customers at MarketOrders as our Chief Customer Care Officer

Walking around the Olympia exhibition centre with the most beautiful and dazzling jewellery collections looking back at you made me think even deeper about how MarkterOrders can best serve the industry and more specifically, help our retailers.

Almost everyone I spoke to said their biggest issues were with not being able to communicate enough to the end consumer. 

With most of the products being created by designers, suppliers and manufacturers who are often removed from the consumer on the high street, it can be hard to see what products are selling and why some items don’t sell. 

Without some sort of communication with the end consumer, it can be difficult to truly provide what the consumer needs.

This is why MarketOrders exists; to bridge that gap. By only placing orders from retailers, suppliers will only produce items that are needed.

Retailers are best placed to place orders as they face off to the customer on a daily basis. They understand what sells and what won’t.

By placing personalised orders on-demand, retailers can be confident that they can sell their stock and not have to meltdown items that don’t sell or be stuck with inventory on shelves.

No alt text provided for this image

The Future of Fine Jewellery Panel 

If you missed my panel talk here are the key highlights from my panel.

I was joined by Naomi Newton-Sherlock, the Creative Director at Domino and Daisy Grice, a jewellery designer. Chairing the panel was Asha Pitt from the Professional Jeweller.

Note: MarkeOrders has a profile feature in Septembers edition of the Professional Jewellery which you can check out here on page 78.

 

 

On Millenials and jewellery trends….No alt text provided for this image

  • Millennials shop in different ways. They are not looking to buy a product but an experience. So can retailers keep up with these changing consumer demands?
  • It’s no longer seen as fashionable to buy expensive jewellery if demi-stones look just as good and are half the price. Millennials are image-conscious and want to be able to keep up with changing fashion trends without the costs involved.
  • Consumers and Millenials, in particular, are looking for convenience and personalisation. They are not buying a product but experiences as they value experiences more highly.

 

What advancements should the jewellery industry be embracing?Our visionary CEO of MarketOrders was also in attendance at the IFL to look for new trends.

  • Retailers are no longer selling a product but an experience.
  • Consumers value individual attention, customization and personalisation as opposed to mass-market customer service.
  • Retailers and designers need to think about how best to reach their customers and listen to what they are asking for

When it comes to responsible jewellery manufacture, do consumers really care? 

  • If given the choice, most consumers would opt for the responsibly sourced jewellery but retailers say this is still a small proportion of their sales simply because not enough suppliers are providing this due to the extra costs involved.
  • Perhaps if consumers voted with the pounds in their pockets then things could potentially change.
  • However, responsibly sourced jewellery is still more expensive and not enough consumers feel they want to pay extra for this.

Demi-fine / semi-fine jewellery continues to grow as a market segment; should fine jewellers be concerned?

  • Not necessarily. Most retailers are now stocking an array of different types of jewellery so that they can cater to all consumers.
  • In order to stay ahead it is vital retailers notice and adapts to consumers changing demands otherwise they risk being left behind.

Q) How can technology improve the consumer experience and industry margins?

 

  • Without a doubt, it is imperative the industry embraces technology to better serve their consumers.Our Chief Customer Care Officer, Krystian Ozog relaxes on a chair after a busy conference!
  • Retailers need to have omni-channels, different ways to reach their consumers and give them different options to see and buy their products.
  • Make the purchase an experience and not just a transaction.
  • The jewellery industry is no longer competing with other jewellery but with other products. Jewellery used to be a popular gifting idea but now it’s competing with the latest iPhone, tech gadget or luxury holiday!

I hope you enjoyed this roundup summary of IFL, looking forward to next year!

MORE IMPRESSIVE AWARDS FOR MARKETORDERS AND SUKHI JUTLA

Aquisition International has awarded both MarketOrders and its COO Sukhi Jutla respectively as UK & Best Online B2B Platform Development 2019 – UK 2019 as Female Entrepreneur of the Year 2019.

 

MarketOrders – Sukhi Jutla

Female Entrepreneur of the Year 2019 – UK & Best Online B2B Platform Development 2019 – UK

2019

Sukhi Jutla is a multi-award-winning entrepreneur and author. An experienced technology leader she is pioneering the use of new technologies such as blockchain and was the first author in the world to publish a book using blockchain technology. She is regularly asked for expert opinion in the media and is a regular commentator for many publications about the impact of technology and digital disruption. Sukhi is also an advocate for championing more women into tech careers through her volunteer and ambassadorial work with Women of The Future programme amongst others.

Click HERE to read the article on acq-intl.com

MEET THE MARKETORDERS TEAM – KRYSTIAN OZOG, Chief Customer Care Officer

Have you ever wondered who is behind MarketOrders’ success?

At MarketOrders, we believe that the team is critical to a company’s success, which is why we’ve decided to highlight our fantastic talents in this series of blog articles. 

Today, you’ll find out more about Krystian Ozog, Chief Customer Care Officer, who’s been part of the team since the very beginning of MarketOrders. 

International background

Krys was born and raised in Poland, where his core education took place. 

In 2005, he moved to the UK and started working in construction while pursuing his passion for martial arts at GMMA Academy.

In 2013, Krys decided to focus on becoming a professional fighter and started working for a few digital startups run by Ram Krishnna, his martial arts coach and now CEO of MarketOrders. He also became Managing Director of non profit organisation called “British Sports Youth Trust” as well as Trustee and Volunteer for a number of other charities and community organisations.

His hard work and determination lead him to being a World Champion as well as an asset and an inspiration for MarketOrders.

His MarketOrders journey

As a Chief Customer Care Officer, Krys takes care of the products’ journey as well as MarketOrders customers. He ensures the quality of the products is top level and that they are being delivered directly to our customers safely, securely and on time.

He said: “I make sure that our customers are happy with both the products and our services. I also learn from them, adapt our services to their needs and always look for new ways to improve MarketOrders offering.”

Krys is a strong believer that new technologies have the power to change lives; he gave us his opinion on blockchain technology: “I am amazed and very excited about blockchain technology. I think it is a ground breaking technology that is already changing the world. It is a perfect fit for many industries, especially gold and diamond jewellery. It makes our revolutionary platform even safer and more secure and transparent.”

Part of the team since the very beginning, Krys has evolved and seen evolving MarketOrders through its startup journey, from a concept to an award winning business: “ 

Being a part of MarketOrders from the beginning has been a lifetime experience.

“I have been taking part in all possible operations at different stages of the development.

We’ve got some amazing professionals joining the team for the last couple of years. I think the team effort, enthusiasm and cooperation during our Crowdfunding campaign has built up the team spirit and is the most memorable event to date.”

An endless ambition

Krys is passionate about people, team work skills, work ethic, and attention to details, which he has built through sports and professional experience. He is also open minded and always looking for ways to improve himself and his work. What makes him feel happy is to jump into the unknown and support all kinds of operations that make him challenge himself and grow.

If he’s already reached to top in his sport career, Krys has ambition for this professional career and charity engagement too! Here is where he sees himself in 5 years: “In 5 years time I see myself help developing MarketOrders branches worldwide and help impacting other industries through the use of our technology. 

I see myself taking our GMMA Academy and non for profit organisation British Sports Youth Trust to another levels, opening our own gyms, training, inspiring and helping multiple people who will also join our quest.”

Co-Founders’ opinion

Sukhi Jutla, Co-Founder & COO: “Krys is a core team member having been with us from the start. He has a great can-do entrepreneurial attitude and always finds a way forward. He is an asset to the team and the company.”

Ram Krishnna, Co-Founder & CEO: “Krys is a very dedicated and passionate MarketOrders team member as well as a the greatest martial artist I ever trained. I have known Krys for over 10 years and he is a very hard working man and always looking to learn new things. He is curious, courageous and committed to deliver excellence.

If there is any other words more powerful to replace what I have said then I would replace it with that words. He is certainly an irreplaceable definite asset for me personally, and MarketOrders.”

Krys’ favourite quote

“It takes generosity to discover the whole through others. If you realize you are only a violin, you can open yourself to the world by playing your role in the concert.” Jacques Cousteau.

To get in touch with Krys, add him on LinkedIn now.

Get to know the rest of the team! 

Check out Ram, Sukhi, Gopi, Filip, George, Caroline.

MarketOrders Co-Founder meets easyJet Founder!

MarketOrders Co-Founder Sukhi Jutla meets easyJet Founder Sir Stelios Haji-Ioannou

 

It’s not every day that you bump into a billionaire but trust our co-founder Sukhi to do so!

As many of you may know, a few weeks ago in May Sukhi was invited to Keynote speak at the Digital Enterprise Show (DES) in Madrid, where MarketOrders also walked away with an award for Digital Innovation.

En route to Spain, Sukhi bumped into Sir Stelios Haji-Ioannou, who is a British Cypriot entrepreneur best known for setting up easyJet.

Here is Sukhi’s first-hand account:

No one really likes hanging out at airports but for entrepreneurs, it can be golden time to catch up on emails and social media.

Other times, it’s also great to just wander around the terminal and that is exactly what I decided to do as I waited to board my flight to Madrid to keynote at The Digital Enterprise show (DES).

As I walked past WH Smiths lo and behold I saw a very familiar face! It was a round face with a familiar smile and I could see this person intently perusing the phone charging section of the store.

As an entrepreneur, I have devoured various articles and books on the most successful business people and billionaires in an effort to learn from their journeys.

So when I saw Sir Stelios, I went straight up to him, held out my hand and introduced myself to him. He took one look at me, chuckled and said ‘ You must be an entrepreneur’.

I asked him why he would say that and he said ‘’because it takes one to know one!’’

He was delightful, taking a few minutes to take a photo with me and learn about what I am creating with MarketOrders.

He wished me the very best as we parted ways and said ‘Keep up the great work’.

More stories to come!

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MARKETORDERS AMONGST OTHER 5 OTHER COMPANIES THAT HAS BEEN SUCCESSFULLY OVERFUNDED ON CROWDCUBE.COM – WEEK 23, 2019

Here’s an overview of the businesses that went into overfunding on Crowdcube in the last week.

MarketOrders has been amongst them with impressive achievement of overfunding 92% in just 7 days of being publicly available for investment.

 

MarketOrders

MarketOrders is an award-winning B2B platform that enables independent retail jewellers to buy gold and diamond jewellery directly and seamlessly from international suppliers, giving them access to global designs and assured product quality. The company aims to provide cheaper prices and faster service using innovative technology.

Click HERE to read www.crowdcube.com article

MARKETORDERS CROWDCUBE CAMPAIGN GOES LIVE !!!

MarketOrders, an award-winning B2B marketplace for the gold and diamond jewellery industries, announces it has kickstarted its crowdfunding campaign on Crowdcube.com. Aiming to raise a minimum of £400k, the start-up has already reached 90% of its target through private investment before even going public. The company plans to use the funding to officially launch its platform, which will use blockchain technology to make the gold and diamond jewellery buying process more transparent.

Founded in 2016 by Sukhi Jutla and Ram Krishnna Rao, MarketOrders is on a mission to transform the way in which independent retail jewellers purchase gold and diamond products from suppliers. Specifically, MarketOrders uses technology to ensure jewellers can get the products they need faster, cheaper and directly from global suppliers, while cutting out the middle man.

As the first fully end-to-end B2B marketplace for the jewellery industry, MarketOrders is setting its sights high on the power of blockchain technology to weed out bad actors and money from the jewellery supply chain. As demand for gold jewellery continues to grow – in 2018, 48% of gold demand was consumed as jewellery – this will be critical to ensuring greater transparency at an industry level.

Sukhi Jutla, co-founder and COO of MarketOrders, said: “We’re thrilled to be crowdfunding for MarketOrders, and this funding will make a huge difference as we look to expand our exceptional team and invest heavily in updating our platform. We are passionate about supporting independent retail jewellers, and we strongly believe this marketplace will put the power back into their hands.”

Having been self-funded to-date, this first round of external funding will help MarketOrders grow its offer exponentially. The firm plans on making a number of strategic tech hires, who will primarily focus on developing the platform, which is currently in beta phase. The funding will also enable the start-up to bring on board a number of international suppliers and invest significantly in marketing.

The crowdfunding page is available here  with rewards ranging from discounts on products available through the MarketOrders marketplace, to a limited-edition solid gold 22-carat coin and 22ct jewellery set.

Ram Krishnna Rao, co-founder and CEO of MarketOrders, said: “Having worked on a number of jewellery ventures in the past, I feel confident that we’ve got a strong business model in MarketOrders. There was a clear gap in the market for an online marketplace that provides independents with superior buying benefits, and we’re excited to roll the platform out to more retailers and suppliers in the coming months.”

MarketOrders and its founder Sukhi Jutla have already won a number of awards, most recently being named as one of the Top 20 ‘Industry Visionaries’ by Outlier Ventures.

 

Click HERE to read finfeeds.com article

Click HERE to read www.fintech.finance article

Click HERE to read retailtechinnovationhub.com article

Click HERE to read bdaily.co.uk article

Click HERE to read fc.legal article