Enchanted Diamonds @enchanted-diamonds

Startup, New York, NY – 1/10/2017 employees

Buying an engagement ring is complicated. Enchanted Diamonds makes it easy to find the best products for you, while providing superior quality and value. We do this by leveraging deep industry relationships and modern technology, such as 3D printing.

Founded by a fourth-generation jeweler and a reformed banker, Enchanted Diamonds has built a team of experts to assure the best product and customer experience. Check out our reviews: http://ivouch.com/enchanteddiamonds-com

We sold over $2.1 million worth of merchandise in 2013 and are profitable from the first purchase. Our gross profit per customer is more than four times our acquisition costs. In 2013, 21% of sales came from customer referrals and nearly 12% from repeat purchases, both growing metrics.March 20121,320,000 1,540 2,114,891 3,020,000 per yr7,772,590 per yr29 We cultivate customers for life who rave about our service and continue to refer friends and family to us (see link to our reviews below). By taking the time to work with each customer one on one and tracking our sales pipeline we have gained a unique understanding of our customers wants and desires.

Our average customer is a first-time diamond buyer. The typical transaction involves 1-3 orders per customer. Diamond, Engagement Ring and Wedding Bands. Already in our 23 months of operations we've been seeing 25% of our customers make repeat purchases for other fine jewelry.

Effective traditional and non-traditional marketing. PR events. Viral marketing through mobile app and creation of ring registry. Word of mouth as 94% of couples recommend their retailer to family and friends.

(*Data used from the knot 2013 Engagement & Jewelry Study).

We have some exciting ways to to market diamonds and engagement rings. Please engage us (pun intended) to discuss our distribution plans.