Luxury Goods Verifying Business

Luxury Goods Verifying Business Success Stories [2024]

Pat Walls

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Updated: October 9th, 2024

In a world where authenticity is paramount, a luxury goods verifying business addresses a crucial need. At its core, this venture centers on confirming the genuineness of high-end items like designer handbags, watches, and jewelry.

With the rise of counterfeit goods, there's a growing market for services that vet the true value and authenticity of luxury products. Your business would involve skilled experts inspecting these items through a combination of physical examination and advanced technology.

By providing this service, you'll build trust among discerning buyers and sellers, ensuring they get exactly what they pay for. While it demands meticulous attention to detail and stringent verification processes, the payoff is a unique niche market with substantial demand. If you have an eye for luxury and a commitment to quality, this might be the ideal business to start.

In this list, you'll find real-world luxury goods verifying business success stories and very profitable examples of starting a luxury goods verifying business that makes money.

1. Legit Check By Ch ($240K/year)

The founders of Legit Check By CH stumbled into their business unintentionally. What started as a side project to help people authenticate luxury items quickly gained traction and turned into a full-fledged business. With almost 10 million users and 25,000+ paying customers, they now offer authentication services and have even helped customers get back as much as $5,000 from scams.

How much money it makes: $240K/year
How much did it cost to start: $50
How many people on the team: 8

We Grew Our Authentication Tool To $200K/Year With Zero Marketing Spend

Legit Check By Ch is an authentication company for luxury items that has almost 10 million users and generates $200,000+ per year with 95%+ profit margins, helping customers get their money back from scams and proving a model for building distribution before building the product.

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