Jewelry Engraving/Customizing Business Success Stories [2024]
Jewelry Engraving is the process of creating a design or image in precious metals and stones, using hand tools such as gravers, punches, hammers, or saws.
Jewelry engraving is a very profitable business and can be started with very little capital. If you are interested in starting a jewelry engraving business, the first step is to determine whether or not the market for jewelry engraving products already exists in your area.
Next, decide if you want to focus on custom designs or mass-produced items. You can also contact local jewelers and wholesalers to see if they would be interested in carrying your product line. Finally, decide how much profit margin you will want to operate at and develop a marketing plan that will help bring customers into your store or online shop.
In this list, you'll find real-world Jewelry Engraving/Customizing Business success stories and very profitable examples of starting a Jewelry Engraving/Customizing Business that makes money.
1. Lily Blanche ($720K/year)
Gillian Crawford, founder of Lily Blanche, was inspired by her grandmother's love for jewelry and her own background in archaeology and journalism. After realizing the declining market for B2B gift sales, she took a leap of faith and transitioned her business online, focusing on personalized lockets with a modern twist. With a team of six and a reputation for exceptional customer service, Lily Blanche has grown into a successful e-commerce brand with over 1100 five-star reviews and annual sales of Β£480k ($649k).
How much money it makes: $720K/year
How much did it cost to start: $25K
How many people on the team: 6
Lily Blanche founder, Gillian Crawford, grew her jewelry business to a Β£480k annual turnover by shifting focus to ecommerce, building her brand, prioritizing customer service, and utilizing a mix of word of mouth, email, social media, and paid traffic channels to drive sales.
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Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
