Personalised engraved jewellery business idea

[Ladybird909]

Not sure if this is the right board to post on but I was hoping to do a bit of market research for my new business idea.

I've just bought an engraving machine for personalising jewellery such as pendants and charms and I wondered whether any of you have either been given or bought a piece of personalised or engraved jewellery recently and what it was like?

And also where it was purchased from if you know. I'm not sure whether to list my products on something like Etsy where there is a lot of competition or eBay where perhaps buyers only want to buy cheap products...

I have some from Posh Totty.

The market is totally saturated with this kind of thing online. You are competing with some huge household names like H Samuel. You will need a niche to be in with any chance of making money.

And decent laser engraving machines cost £10,000+

Anyone telling you they can do it for less is kidding you.

Sterling silver you may have to register and pay for hallmark costs too.

Hand engraving like Merci Maman do is a difficult trained skill.

Posh totty hand stamp, which is easier.

I know someone who bought one of those engraving machines and started a business. It didn't do all that well, and they stopped after only a few months. Dunno what they did with machine - sold it to someone else with the same idea probably.

Brilliant, thank you all! That's what I was after, any constructive feedback, good or bad

Would any of you ever buy anything like that on eBay or would you avoid it?

Wouldn't buy on eBay, mainly as it tends to be plate or stainless steel which makes me react or 'sterling' silver which is not hallmarked (just stamped as 925) andbis in fact cheap plate.