Business Plan
"Unlocking the Diamond Jewelry Market: Barriers to Entry and Opportunities for Success"
INSIGHTS INTO THE JEWELLERY INDUSTRY
The global jewelry market size was valued USD340 billion in year 2022. The global jewelry market is expected to grow at a compound annual growth rate of 4.6% from 2023 to 2030 to reach USD 482.22 billion by 2030. APR 2023 - NOV 2023 INDIA MARKET (GJEPC) The overall gross exports of Gems & Jewelry at US$ 20,512.65 million (Rs.16,9712.45 crores) till November 2023.
The overall gross imports of Gems & Jewelry at US$ 13550.873 million(Rs. 1,11,999.97 crores) till November 2023.
Global Jewelry Market Size
The Global jewelry market is expected to grow at a compound annual growth rate of 4.6% from 2023 to 2030 to reach USD482.22 billion by 2030.
Global Gems & Jewelry Export
India contributes 4.7% share in worlds export & stands No.5th in Global Gems and Jewelry Export
India's Share in World's Lab Grown Diamond Export
India contributes 34.72% share in world's export for Lab Grown Diamond & Synthetic Stones & stands No.1 World Export
"Unlocking the Diamond Jewelry Market
Barriers to Entry and Opportunities for Success
"Despite the lucrative nature of the diamond jewelry market, many aspiring entrepreneurs face challenges in entering and establishing successful businesses within this industry."
Limited Industry Experience
Challenge: Success in the diamond business is seen as requiring extensive industry experience.
Solution: SIX79's Approach: Fosters inclusive entrepreneurship, welcoming diverse experience levels.
Advantages:
Mentorship Programs: Connects entrepreneurs with industry experts for valuable insights and guidance.
Inclusive Culture: Welcomes individuals with varying levels of experience.
Enormous Capital Investment
Challenge: Diamond jewelry business seen as requiring huge initial capital, limiting entry.
Solution: SIX79's Approach: Introduces innovative drop-shipping model, minimizing initial capital.
Advantages:
Financial Flexibility: No need for large inventory investments.
Strategic Resource Allocation: Entrepreneurs can allocate resources strategically.
Low Entry Barrier: Enables entrepreneurs to kickstart ventures with minimal capital.
Finding Reliable Sources
Challenge: Building trust with diamond suppliers and navigating sourcing complexities is overwhelming for newcomers.
Solution: SIX79's Approach: Prioritizes a transparent supply chain, ensuring trust and ethical practices.
Advantages:
Transparency: Establishes a trustworthy supply chain.
Quality Assurance: Every sourced diamond meets rigorous standards.
Risk of Loss
Challenge: Fear of financial loss is a significant deterrent for potential entrepreneurs.
Solution: SIX79's Approach: Flexible business model with drop-shipping and quality assurance minimizes inventory risk and market fluctuations.
Advantages:
Risk Mitigation: Minimizes financial risks associated with excess inventory and market uncertainties.
Strategic Support: Entrepreneurs receive guidance to navigate challenges.
Lack of Knowledge
Challenge: Gemology intricacies and market nuances can be intimidating for those without a background.
Solution: SIX79's Approach: Offers a comprehensive learning hub with courses and resources for all knowledge levels.
Advantages:
Ongoing Support: Mentorship programs for continuous guidance.
Tailored Education: Courses and guides suited for entrepreneurs at any knowledge level.
Key Takeaway
SIX79 is not just a supplier; it’s a revolutionary partner in your entrepreneurial journey.
By dismantling traditional barriers, we pave the way for success, making the diamond business accessible, transparent, and lucrative.
Take the first step with SIX79. Break free from constraints, and embrace possibilities.
Your diamond ventures await and success is within reach, Risks ‘
VISION
SIX79 aspires to redefine the narrative of diamonds, transforming them into more than just symbols of beauty. Our vision is to lead a change in the diamond industry, making it a realm of accessibility, ethical practices, and a platform for aspiring entrepreneurs worldwide."
MISSION
At SIX79, Our mission is to make the diamond jewelry business inclusive for all. We're committed to removing barriers through innovation, ensuring top-notch quality, and providing unwavering support. We aim to inspire and empower entrepreneurs in the dynamic world of diamonds.
About Us
SIX79 Element Management LLP, operating under the brand "SIX79," is a pioneering force in the direct selling industry, specializing in the distribution of exquisite lab-grown diamond jewelry. Our unique business model combines high-quality products with a comprehensive compensation plan, ensuring our distributors experience unparalleled success and growth.
Our Product Structure
Unwavering Reliability with Competitive Pricing
"Entrepreneurs can maintain healthy profit margins, offering competitively priced, high-quality certified products to attract cost-conscious consumers without compromising integrity."
BIS HALLMARK GOLD
CERTIFIED DIAMONDS
LIFETIME BUYBACK
EASY EXCHANGE
30 DAYS RETURN
INSURED FREE DELIVERY
Benefit to Partner.
Profitability and Growth
"Unlock profitability and sustainable growth with SIX79's innovative model and comprehensive support. Experience financial success in the diamond jewelry market."
Market Differentiation
"Stand out with SIX79's exclusive products and innovative marketing. Differentiate your brand, attract customers, and carve a unique identity in the competitive diamond industry."
Continuous Learning
"Access tailored learning resources for ongoing skill refinement. Stay informed about industry trends and adapt to market changes for sustained success."
Ethical Practices
"Align with SIX79's commitment to ethical and transparent practices. Attract conscious consumers, build trust, and enhance your brand reputation."
Exclusive Networking
"Engage in exclusive networking and collaborations within the SIX79 community. Build valuable relationships and explore ventures with fellow entrepreneurs."
Rewards & Recognition
Six79 Jewel fosters a culture of appreciation, motivation, and friendly competition among its referral partners, ultimately driving growth and success for both the company and its dedicated sales force.
DIRECT REFERRAL INCOME
In our direct selling model, distributors earn a Direct Sales Commission of 10% on the CV value when they successfully recommend a product to a customer.
To illustrate, if Distributor A recommends a 100,000 MRP product to Customer B, and B makes the purchase, Distributor A receives a commission of 5500 INR, contributing to immediate and tangible earnings.
GROUP SALES INCOME
Our innovative Group Sales Income structure is based on a level income system, fostering teamwork and collective success.
When Distributor A recommends a product to Distributor B, who, in turn, recommends it to Distributor C, this network expands across 11 levels. For every sale in these levels, Distributor A receives 1% of the bought CV value, creating a dynamic and sustainable income stream.
DIAMOND CLUB
Qualify for additional percentage bonuses based on your team's total turnover. Achieve higher ranks by reaching specific turnover milestones and earn additional differentials:
Radiant: 1% extra from team turnover (Total Team Business: 1 Lakh CV)
Pear: 2% extra from team turnover (Total Team Business: 2 Lakhs CV)
Oval: 3% extra from team turnover (Total Team Business: 5 Lakhs CV)
Marquise: 4% extra from team turnover (Total Team Business: 10 Lakhs CV)
Heart: 5% extra from team turnover (Total Team Business: 15 Lakhs CV)
Princess: 6% extra from team turnover (Total Team Business: 30 Lakhs CV)
Round: 7% extra from team turnover (Total Team Business: 50 Lakhs CV)
*Terms & Conditions apply
MENTOR CLUB
In the event that there are two achievers occupying the same level within the organization, a Same Rank Bonus is activated. Under this provision, 1% of the turnover generated by each respective team of the achievers will be allocated to the direct reference achievers.
This bonus serves as a recognition of excellence and encourages healthy competition within the organization.
CARAT CLUB
Qualify for rank bonuses by achieving specific targets and milestones within your team.
9CARAT Club: Achieve a total turnover of 50 lakhs from one leg and 50 lakhs CV business from all other legs. Receive 4% of the total team turnover.
10CARAT Club: Have two 9CARAT Club achievers in two different legs within any depth of your team. Receive 3% of the total team turnover.
14CARAT Club: Have two 10CARAT Club achievers in two different legs within any depth of your team. Receive 2% of the total team turnover.
18CARAT Club: Have two14CARAT Club achievers in two different legs within any depth of your team. Receive 1% of the total team turnover.
PRECIOUS GEMS ROYALTY CLUB
3% of the overall company turnover will be evenly distributed among achievers across three clubs:
Ruby (1.5%), Sapphire (1%), and Diamond (0.5%).
Each club will receive its designated percentage of the total turnover, which will then be distributed equally among all qualified members within the respective clubs.
Qualification detail
RUBY Club: Minimum achievement 14K & 5cr CV total team turnover.
SAPPHIRE Club: Minimum achievement RUBY & 10cr CV total team turnover.
DIAMOND Club: Minimum achievement SAPPHIRE & 20cr CV total team turnover.
BONANZA & REWARDS
Acknowledging and celebrating the achievements of our distributors is paramount at SIX79.
Our reward system is intricately designed with diverse and enticing incentives. Criteria for rewards are ever-evolving, ensuring that distributors are motivated and recognized for their dedication and success in building their businesses.
PARTNER WITH US TODAY
Join us on this exciting journey towards a sparkling future.
Together, we'll shape the landscape of the diamond industry and redefine what's possible for entrepreneurs.
The future is bright with SIX79"