Amoonic Continues to Excell in Custom Jewellery, Pulled In Huge Investment

AmoonicLast year at pretty much this time we published an interview with Sabine Linz of Amoonic, a company offering customized jewellery from all price ranges online. Fortunately, Amoonic has not suffered the same fate that many startups do, making critical mistakes and disappearing after a short period of existance. In fact, Amoonic just announced that Business Angel Marlon Ikels, the man behind galleryy.net, has invested a six-digit amount into the future expansion of the company. You can download the official press release here (in German).

Sabine_linzThis gave us the opportunity to interview Sabine once again, asking about the development of the past year and the future of mass customized jewellery.

FTP: Sabine, it has been about a year since our last
interview about Amoonic. How have things developed since then?

SL: In the
meantime we broadened our designer product range by a huge variety of jewellery
pieces. In addition to that, the technology in the background was enhanced a
lot. For example an open configurator was added to simplify the customization process
for our customers. Another example is the new 3D product preview. We developed
some great cooperations within the jewellery online market. Besides we tested a
lot on our website and developed a new system for producing jewellery in a
digital way.

FTP: How do you see the market for mass customized
goods today?

SL: I think,
today mass customized goods are not simply a trend anymore, you can find them
everywhere and people love them. Customization is now a well-established
approach and customized goods have become more or less mainstream. People nowadays
expect to be able to customize their products.

FTP: Can you go into a bit of detail on what you
want to do with the huge investment you got? What are your plans?

SL: Since a lot
of work on the technology side was done over the last year we are in the lucky
position to be able to invest most of the money in Marketing. We like to see
Amoonìc expand more and more to be internationally known as soon as possible.

FTP: You mentioned that Amoonic now offers
individually crafted jewellery on request. Can you tell us which diamond dreams
you can make a reality?

SL: In
principle, everything is possible. Our motto is: “If you can dream it, you can
do it”. But of course, any technical details have to be considered J . Our customers enjoy the freedom to
make their dreams come true and our designers are ready to assist them in case
of questions. More and more people use this opportunity and also the B2B sector
is highly interested in purchasing customized goods for their clients.

FTP: Any tips you can give entrepreneurs who want to
venture into any niche of mass customized products or services?

SL: Keep
smiling, be smart and exhaustless. Honestly, it is important not only to focus
on a configurator. Show all products on your web presence, give examples and
don´t let the user think. Furthermore, in my opinion, an extraordinary customer
support is more than a requirement today!

FTP: Are you looking for any specialists to expand
your team within the next time?

SL: We are
always looking for specialists. Good people are hard to find. Our new partner
and Business Angel, Marlon Ikels, is an ecommerce expert and we are more than
happy to have him in our team. Among others, he is founder of www.galleryy.net. He´s great and it is always good to get more
knowledge. We love to work with him.

 More about Amoonic on www.amoonic.de

By | 2018-06-14T06:46:54+00:00 Juli 8th, 2013|Cases-Industrial, Design, MC/OI on the Web, Personalization|

About the Author:

Frank T. Piller is a Co-Director of the MIT Smart Customization Group at the MIT Media Lab, Massachusetts Institute of Technology, USA, and a chair professor of management at the Technology & Innovation Management Group of RWTH Aachen University, Germany, one of Europe’s leading institutes of technology. Before entering his recent position in Aachen, he worked at the MIT Sloan School of Management (2004-2007) and has been an associate professor of management at TUM Business School, Technische Universitaet Muenchen. Frequently quoted in The New York Times, The Economist, and Business Week, amongst others, Frank is regarded as one of the leading experts on strategies for customer-centric value creation, like mass customization, personalization, and innovation co-creation. His recent analysis of the crowdsourcing business model “Threadless” (co-authored with Susumu Ogawa), an innovative crowdsourcing business model in the fashion industry, has been elected as one of the Top-20 articles in MIT Sloan Management Review.