Love in Your Ring Wizard, the First-of-Its-Kind Online Ring Designer, Has Launched
Sales Renewal is pleased to announce the launch of Minter + Richter Designs’ new ecommerce site, http://www.MinterAndRichterDesigns.com, and the custom-built Love in Your Ring Wizard that seamlessly lives within it.
The site and unique App are great examples of Sales Renewal’s JointSourcing Solution at work: key business challenges were identified in the client’s JointSourcing Blueprint (e.g., streamlining customizations for millennial customers, increasing average sales price (ASP), lowering cost of sales). The sales-enabling technology was designed and developed as part of JointSourcing’s Build Services and is now being publicized and marketed as a key differentiator during the JointSourcing Sell Services step.
Our Client and Its Customers
Minter + Richter designs and handcrafts custom titanium wedding rings with a variety of inlay materials, from the well-known to the exotic. The typical Minter + Richter customer makes a single purchase, buying rings for that special, one-time occasion: their wedding.
The Sales Process
Each wedding or engagement band is hand-crafted and individually made based on the purchaser’s preferences. This means that clients have to provide information about ring sizes and choose the type of edges, finishes and interior colors for each ring, as well as care options (polishing and cleaning), and shipping and manufacturing times (standard, rush, shotgun rush) before the ring is made. This customization process was originally very involved and required hours of offline phone consultations and email exchanges, as well as missed opportunities for point-of-sale add-on purchases and upgrades.
The Sales and Marketing Challenges
Minter + Richter originally approached Sales Renewal because they wanted their site to rank better when their millennial buyers searched for wedding bands in Google. As we worked through our SEO planning process (Sales Renewal’s Blueprint phase), however, we both realized that while improving SEO was a worthwhile thing to do, there were more even important things to tackle first. For example: enhancing the selling capabilities of the website; creating an integrated marketing strategy (read more about the benefits of comprehensive, integrated marketing here) and overcoming some key business challenges (streamlining the customization process for their customers while simultaneously increasing the ASP and lowering the cost of sales). We knew that once these challenges were met, the other marketing tactics, like SEO, would be easier to put into place.
The eCommerce Solution
Our efforts focused on the redesign and optimization of the company’s Shopify-based website to increase per-transaction revenue and to streamline the sales process. A key piece of this was designing and building the Love in Your Ring Wizard. The Wizard is able to handle all the most popular customizations online in four streamlined, user-friendly steps. Ring sizing, finish options and even rush manufacturing are all clearly laid out, making it easy for customers who want to customize their ring to do so without jeopardizing the sales of customers who aren’t interested.
Early Results Point to Financial Success
Minter + Richter’s new website launched in mid-July, and from the first Wizard sale, the company has seen increased per-sale revenue as well as incredible time savings. The business – and Wizard – was recently publicized by Boston’s WCVB Channel 5 in their Made in Mass series. As reporter Doug Meehan says, Minter + Richter is “taking design in a brand new direction. [Minter + Richter] are the first in the country where you can completely design your wedding ring online.”
Sales Renewal’s insight:
Sales Renewal is pleased to announce the launch of Minter + Richter Designs’ new ecommerce site, http://www.MinterAndRichterDesigns.com, and the custom-built Love in Your Ring Wizard that seamlessly lives within it.
The site and unique App are great examples of Sales Renewal’s JointSourcing Solution at work: key buisness challenges were identified in the client’s JointSourcing Blueprint (e.g., streamlining customizations for millennial customers, increasing average sales price (ASP), lowering cost of sales). The sales-enabling technology was designed and developed as part of JointSourcing’s Build Services and is now being publicized and marketed as a key differentiator during the JointSourcing Sell Services step.
