How to get your jewelry brand from $1M-$10M - the definitive growth guide

Is it time to grow your jewelry brand? The phase requires changing your business model. You need strong inventory systems and marketing to elevate your brand. Creative designs launched it, but operations will take it further.
If your brand operates on e-commerce, you'll scale faster when transitioning from hands-on production to managing manufacturing partners while keeping customers happy. You'll get to go from a promising startup to an established player—and keep the creative vision that got you there as you grow.
Let's examine how developing jewelry brands can address typical problems and adopt tried-and-true success techniques throughout this expansion phase.
What Are Some Real-World Jewelry Brands That Successfully Scaled?
Learn how incredible jewelry brands like yours have used strategic funding and smart positioning to grow dramatically despite facing the same competitive challenges.
Jaxxon: From Apartment to Global Brand
JP and Josh launched Jaxxon in 2017 with a measly $3000, seeing a gap nobody was filling—quality men's jewelry that wouldn't break the bank. After traditional banks failed to understand their ecommerce model, they partnered with funding sources aligned with their digital-first business.
This fueled Jaxxon's 1000% year-over-year growth, enabling expansion to 20 employees and a Los Angeles warehouse. It is proof that the right financial partner accelerates digital-native jewelry brands.
Mignonne Gavigan: Overcoming Pandemic Challenges
When COVID slammed the jewelry world, Mignonne Gavigan watched wholesalers cancel orders while customer buying habits twisted in the wind. They needed a steady growth roadmap when everything else was pure chaos.
They secured funding with crystal-clear payment terms, which gave them exactly what they needed: certainty about expenses and extra cash on hand during their busiest selling seasons.
Lily Blanche: Transforming Traditional Jewelry into Ecommerce Success
Gillian Crawford turned her grandmother's jewelry inspiration and archaeology background into Lily Blanche, a brand focused on personalized lockets with modern appeal. After seeing B2B gift sales decline, you'll appreciate how she pivoted entirely to e-commerce. With just a $25K investment, she built a six-person team that delivers exceptional customer service and has earned over 1,100 five-star reviews.
Her shift to online sales helped her reach $720K in annual revenue. The success proves traditional jewelry concepts can thrive digitally when you combine strong branding with outstanding customer experience and smart marketing.
Why is Digital-First the Winning Strategy for Jewelry Growth?
Your jewelry shop doesn't need to live and die by a storefront. Customers once wanted to feel the weight of gold in their hands before buying. As preferences change, online direct-to-consumer brands are flipping the script—jewelry brands grow faster and earn more profit.
The market data backs this up. The jewelry sector reached $232.94 billion globally in 2024 and will climb to $343.90 billion by 2032, growing at 5.10% annually. Though Asia Pacific leads with a 39.28% market share, your online jewelry business can capture more of this growing market as digital sales expand.
This digital shift is a goldmine for your jewelry brand as you jump onto the e-commerce train.
What Are Some Key Challenges Jewelry Brands Face When Scaling?
Growing your jewelry business from a million to ten million isn't like scaling most companies. The jewelry world presents unique roadblocks that require clever thinking and investors who understand what you're building.
Inventory Management
Your jewelry brand needs the right inventory balance. If you don't stock enough pieces, you miss out on sales, but if you overstock, you tie up all your cash flow.
Mignonne Gavigan addressed this through strategic inventory funding. The approach enabled larger orders, stronger supplier relationships, and improved margins. Jade Sperling, VP of Growth & Analytics at Mignonne Gavigan, has said, "It's really nice to know exactly what you have to pay back with Clearco. It allows us to retain more cash during strong sales periods."
Marketing Investment
The scrappy marketing hacks that got you started won't work once you hit $1M. The jewelry brands crushing it at $10M are pouring serious money into web-based channels where they can track every dollar spent against actual sales.
Casey Brown flipped her digital marketing experience into gold when she launched Zayla, creating jewelry online shoppers can't get enough of. Before diving into jewelry, Casey spent years in the trenches of tech companies and even built her own marketing agency from scratch. Those battle-tested skills became her secret sauce when crafting online jewelry strategies that convert browsers into buyers.
Funding Growth Without Dilution
Traditional bank loans struggle to accommodate ecommerce jewelry businesses.
Josh Pierce, Co-Founder and COO of Jaxxon, explains, "The Clearco team was more than open to building out a custom fee and payment structure that made the most sense for us. It’s priceless—the feeling that they actually want you to win."
How Do Successful Jewelry Brands Scale from $1M to $10M?
You'll need to apply data analytics across all your operations—from product development to marketing allocation—as your jewelry brand succeeds. Your customer data reveals which pieces generate your highest margins and foster the most loyalty from your buyers.
Build a Scalable Supply Chain
Your quality standards can't drop as production volume grows—they're essential for scaling your jewelry brand. As your brand grows, you'll need to find trustworthy factory partners who can handle increasing production instead of making everything yourself.
Smart funding for inventory lets these growing labels place bigger orders with their suppliers. This means better prices without sacrificing quality, a real advantage when competing with the big names in the business.
Optimize Your Digital Presence
Younger buyers fuel the market. A 2024 Q1 survey reveals that luxury jewelry buyers aged 18 to 39 made multiple purchases last year, while those 40 and older bought less often. Capture them with optimized websites and social media that target repeat customers.
Great visuals, proper sizing details, and try-before-you-buy tech are narrowing the gap between online shopping and in-store experiences. Clever automated emails keep customers returning while pinpointing social media pushes to tap into new buyer pools.
Create an Omnichannel Experience
When your jewelry brand scales, your online-first approach offers the most efficient strategy. However, you'll eventually want to create omnichannel experiences to meet customers wherever they prefer to shop.
With online sales rising 20% in Q4 2024, Pandora's online platform is driving significant growth. Meanwhile, the company's physical retail network continues to grow. It opened 236 net new stores globally last year, so digital shoppers can shop there, too.
What's Next for Growing Jewelry Brands?
Future-thinking brands that want to stay ahead of the curve embrace these key trends:
- Sustainable diamonds and recycled metals
- Premium-priced custom pieces made with personalization technology
- Try-on features that eliminate online purchase hesitation
- Disruptive direct-to-consumer models
In the future, the best jewelry brands blend artisanal craftsmanship with digital innovation, and use flexible funding to help them grow quickly. Your jewelry brand can go from $1M to $10M if you prioritize online channels, master inventory management, allocate marketing spend strategically, and partner with funding sources who understand ecommerce.

Daniel Doan is a conversion copywriting and content marketing expert who has crafted high-converting sales pages, emails, ads, and articles for over 224 of America's largest B2B companies and digital brands. His 12+ year expertise in bridging the communication gap between companies and their ideal customers has led him to develop a cutting-edge "Neuro-Response" framework that drives significant conversions. Additionally, he has authored comprehensive guides on the neuro-response process and shared his insights with global audiences as a public speaker. Building from his decade-long experience, Daniel's work has been widely recognized, establishing him as America's #1 most trusted conversion copywriter.