Unlocking Digital Growth: How a Location-Based Jewelry Brand Grew Revenue by 4x in 3 Years By Scaling Appointments Driven by Digital Investment
Problem Overview
Client Background
Type of Business: B2C and C2C luxury jewelry brand, both online and in retail locations.
Business Model: High-ticket transactions, ranging from $3,000 to $150,000 per transaction.
Acquisition Channels: Retail locations, email, SMS, phone, and online.
Geographic Scope: Specific locations in the U.S. and international cities.
Problem
The client was unable to expand acquisition to new channels due to difficulty generating quality leads from high-scale channels like Google and Facebook.
Only a small percentage of jewelry and diamonds purchased contributed meaningfully to business profitability. The challenge was to find a way to capture high-value customers reliably.
Goal
Unlock the digital channel to fuel growth and capture high-value, high-margin customers in a scalable way.
Key Pain Points
Difficulty scaling digital channels (Google, Facebook) for high-value purchases.
Managing the complexity of high-ticket items with varying transaction volumes.
Ensuring a scalable and replicable strategy for attracting high-margin customers.
Deployed Solutions:
Violet Growth + Exactius Growth
Integration of All Investments: Combined offline and online investments to have a unified view of performance across channels.
POS System Integration: Integrated with the retail POS system to track real-time offer value for high-ticket items.
Server-Side Events: Created server-side events to optimize advertising channels based on offer value, not just leads or appointments.
Breakdown of Investment Data: Enabled a breakdown of investment, offer value, and ROI data by location.
Tracking Offline Investment Impact: Broke down offline investments (e.g., podcast, magazine advertising) to understand their impact in specific locations.
Attribution & Testing
Developed an automated system to pause investments when certain offices or regions had no available appointments.
Built a weekly optimization cadence to allocate investment efficiently across channels and locations.
Key Results & Outcomes
Insights & Actions
Focused on High-Value Transactions
CPA for high-value purchases was higher, so Offer Value ROI became the primary performance metric.
Developed strategies to pause investment in areas with no appointment availability, optimizing channel investments.
Optimized Channel Investment
Built a rhythm of weekly optimization to continuously adjust investment based on offer value and ROI.
Impact
Revenue Grew 4x in 3 Years, delivering a predictable growth engine while staying within ROI constraints.