4 months ago
(Custom Moissanite Engagement Rings)
What is included in the sale ?
Domain, website, contact for supplier, Instagram account:
For sale is lunagems.ca.
Quick Facts: -high margins- 75%. (on a $2,000 sale you would make ~$1,500) -Average sale amount is $2,000 -Easy to use online customization tool for customers to use with 1,000,000s of unique ring design options -unique and growing niche (Moissanite) -an excellent relationship in place with leading jewelry manufacturer -you never have to touch a product (dropshipping) -professional website design that is easy to edit (Shopify) -low overhead of $15/month for shopify -can run this business from anywhere -great domain - instagram account included
This business sells Moissanite engagement rings. Moissanite is an eco-friendly & sustainable alternative to diamonds. It has more fire and brilliance than a diamond, is created in a lab and not mined from the ground using harmful practices, is almost as hard as a diamond, yet costs 90% less!!
Moissanite is still relatively unknown by customers. There is huge potential growth here. Couples of today are looking for an ethical and socially responsible ring and are also making smarter decisions on how they spend their money.
This business is 100% ready to go. I experimented with google ads, Pinterest ads, bing ads, Facebook ads, and Instagram ads. Google ads were showing very good results- as high as 8% CTR. This is a drop shipping business. The supplier that I have set up a relationship with is one of the largest jewelry suppliers in North America. They will ship the direct to the customer in Luna Gems branded packaging.
What is the technological stack ?
made on shopify
Which parts of the project are incomplete ?
everything is in place. Had good leads from google ads, Facebook, and Pinterest.
Do you have any traffic ?
yes, traffic from paid ads
Why are you selling ?
spend all day on a computer at work. I've started a local service business and don't want to run this anymore.
How can the future owner turn the project into a business ?
Keep going with paid advertising. I had good response from my traffic and sent out 6 quotes. Almost closed a couple sales
You say you experimented with ads, but listing shows no revenue. Could you be specific about ads and their stats?
There is no revenue. I received 6+ requests for quotes. I was seeing around 7-8% CTR for my ads on google which is extremely good for the industry.