Cross-cultural trade brings benefits to all

Caitlin

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http://biz.yahoo.com/bw/051123/20051123005387.html?.v=1

It took me a while to find this, but I think it should make the history page!

It is great following jshepherd's career! What will he think of next?

Congratulations on a great execution of a great idea. :D :D :D


Following is the text, but I couldn't get the cute picture included with the article of Jeremey Shepherd surrounded by baskets and baskets of pearls. Lovely!

LOS ANGELES--(BUSINESS WIRE)--Nov. 23, 2005--PearlParadise.com founder and CEO Jeremy Shepherd has just returned to the US after brokering one of the most intricate cross-cultural deals the pearl industry has ever encountered. The multi-faceted pearl industry has taken a step toward a universal understanding of the gem with the assistance of this US based Internet entrepreneur.
Source: PearlParadise.com


· PearlParadise.com CEO Jeremy Shepherd examines freshly harvested pearls. (Photo: Business Wire). View Multimedia Gallery




This globe-crossing trip began with a large purchase of Tahitian pearls by Mr. Shepherd from the tropical regions of French Polynesia. With the buying power of Shepherd's online pearl purveying giant, PearlParadise.com, and his years of buying experience, he was able to secure a large harvest of marvelous cultured Tahitian pearls.

In lieu of carrying his bounty back to the United States, Mr. Shepherd then traveled to the Zhejiang region of China, famous for the farming of freshwater pearls. Here Mr. Shepherd was able to structure a Tahitian pearl supply deal with a finished goods factory exchanging newly harvested freshwater pearls for Tahitians. A perfect deal for the Chinese who received the much desired cultured Tahitian pearls under market, and the perfect opportunity for Shepherd to acquire large lots of the highest quality harvested freshwater pearls well below market.

As if this were not enough, Mr. Shepherd then traveled to the Guangdong province of China where he met with one of the largest cultured Akoya pearl farming operations in the area. A longtime friend and associate of Mr. Shepherd's owns and operates this operation and had previously agreed to exchange his best output for a share of Shepherd's Tahitian and freshwater pearls.

With the success of this trip Mr. Shepherd has enabled two separate companies to expand into differing lines of cultured pearls while at the same time securing a tremendous amount of inventory, as well as good will, for Shepherd's US based PearlParadise.com. Shepherd's customers will of course reap the largest benefits with a remarkable selection of pearl jewelry - one of the largest selections in the world - at a guaranteed savings of 80% under retail appraisal values.

Founded in 1996 by entrepreneur Jeremy Shepherd, PearlParadise.com began as a small retail outlet in Washington State. Today PearlParadise.com is the largest online pearl company in the world with more than 1 million pearls in stock, sales of more than 5 million dollars per year. By purchasing pearls from pearl farms and selling directly to the public PearlParadise.com guarantees the absolute lowest prices for the highest quality anywhere in the United States. Go to www.PearlParadise.com to visit them today.
 
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