eCommerce Success Story: Singularu (1)
Miguel Nicolás
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We are going to analyze the eCommerce success story of Singularu, a rather “singular” and distinct online jewelry brand.
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It has been some time since we last reviewed in detail one of those success stories of online stores that do things particularly well. Since we know you enjoy them—and so do we—we are resuming this type of content.Which is the chosen one? On this occasion, we are going to dissect a small gem of eCommerce, if you will allow the poor pun. We are referring to Singularu, a jewelry brand that was founded with the idea of offering a different product to an emerging audience such as Generation Z and which, in my view, has found the key.It has a particular tone, a clear purpose, and has been able to create a solid narrative, which it skillfully disseminates through its social media channels and overall marketing strategy.Let us proceed, this time, all that glitters really is gold.
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Singularu: History and Vision
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Before delving into strategic matters, it is always advisable to understand our starting point and learn about the motivations behind the company.The founding partners are Cristina Amestoy and Paco Tormo. She has a background in industrial and jewelry design, with significant experience in England and Korea; he is a specialist in marketing and business strategy. The combination is, to say the least, interesting.
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INSIGHT: seeking a profile that complements your own enhances the business and helps it grow faster. Cristina and Paco met at an entrepreneurship event in Valencia, clearly saw the potential, and the rest is history.
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The idea of starting a scalable jewelry business was not enough. Much still needed to be defined, and after considering all possible angles, they concluded that they wanted Singularu to be:
- An online business, with the capacity to grow through other channels when the time came. This eventually occurred naturally, leading them to open a fairly strong retail channel.
- Originally, their idea was to create a marketplace with artisans from various sectors (furniture, jewelry.…
- The product should offer a certain degree of customization and not involve high logistics costs (both in production and in storage and distribution).
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INSIGHT: the last two points could be said to conflict with one another. This is true, but the second is the result of the business’s evolution. Cristina and Paco realized that it was more interesting to develop a vertical store focused on jewelry than a horizontal one with many categories. They retained what worked and what was most profitable.
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The Jewelry of Singularu
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Let us move to the next point: the product. The goal was essentially to create a line that combined quality and design while maintaining an affordable price positioning.How is this achieved? According to their formula, essentially by reducing profit margins. On their own website, you will find this chart:
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The risk with this strategy is that consumers may be skeptical of the idea of a quality product at a low price, and there will always be a shadow of doubt, is it really good?In this regard, Singularu opts for transparency. On any of their products, one can find the material used (commonly silver) and the treatment applied, for example, whether it has been rhodium-plated or otherwise treated.
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INSIGHT: if you have a case like this, and you fully trust your product, do not hesitate to offer a special warranty. Singularu does so by guaranteeing all its jewelry for 3 years. It is a commercially intelligent move because it minimizes sales resistance.
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Moreover, since they understand the segment they are targeting, they have recognized that millennials and centennials hold a different stance compared to previous generations, particularly on ethical matters.For individuals in earlier demographic stages, sustainability or eco-consciousness is not as prominent and certainly not considered a competitive differentiating factor. However, Singularu’s target audience is different, and for them, it is important to place their trust (and their money) in brands that align with their values.Taking this into account, the brand has opted to use 99% recycled silver, in addition to sourcing from local suppliers to reduce its carbon footprint and adopting packaging that is on its way to being plastic-neutral.
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INSIGHT: no matter how traditional a segment may be, there is always a niche whose needs are not being met. Find what makes you different, and promote it as a strategic attribute of your brand.
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Singularu’s Marketing Strategy
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Let us now see how all of this is put into practice in a marketing strategy, especially in the digital and eCommerce environment. We will focus on their website, but also on their social media, which play a major strategic role for the brand.
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Closeness to Build Community
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We have already mentioned several times that Singularu is highly focused on a young age segment; therefore, everything they say and how they say it is adapted to this audience’s style of expression.For a brand that is oriented towards luxury and exclusivity, distancing from the potential customer may be interpreted as a sign of respect and status. This can be seen even in advertising images or photoshoots for online stores. The models’ expressions are serious and haughty.That is not what is intended here; hence, the overall tone is very close and familiar, using informal language and seeking empathy. Of course, the models are smiling in the images.
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In this example, even though the full face is not visible, the smile is evident. A beautiful dog is even given a bit of the spotlight in one of the images accompanying the pendant’s product page.
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INSIGHT: note that in the product description they even use emojis. Why not, if their customers use them in their conversations?
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Closeness is often a good way to build community, we tend to follow brands that feel familiar to us. It is more difficult to develop bonds with companies that speak in overly corporate terms. However, when they present themselves as “equals,” a communication barrier is removed.At Singularu, we can see this across their entire website and their social media, about which we will speak a bit more later. This is a cross-cutting strategy that ranges from pages such as “about us” or those that explain their vision (I love that they use messages like: “We make the jewelry, you make it shine”) to other subtler touches.
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INSIGHT: of course, you can label a section “best sellers,” but you could also title it “they’re on fire.” This wording has many nuances, as it implies scarcity and group validation, while remaining accessible.
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Trust and Transparency
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Another area where Singularu particularly stands out is in building trust and authority. They have now been on the market for several years, but even so, we know that online customers tend to distrust eCommerce stores they have never purchased from before.For this brand, this is of great importance, as demonstrated by numerous initiatives such as offering a 3-year warranty, 30-day returns, or free ring size changes, but also through smaller details that together create a reassuring sense of security.
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INSIGHT: Singularu, in its pursuit of transparency, offers a “promo protection policy.” Under this policy, they commit to refunding any price difference on a product if its price drops within 30 days.
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I could provide many examples, but to focus on a few, I would highlight:
- They openly publish a complete list of their suppliers, including trade names and even tax addresses.
- They show their own photos and videos, allowing us to put faces to the people behind the project.
- They incorporate Trustpilot reviews directly into their product pages.
- In the footer of the website, there is a section titled “Trust.” Here we find payment provider seals with corresponding logos. In addition, they display the insignias of the European Union and the Generalitat Valenciana, as part of the grants they have received.
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INSIGHT: I appreciate that they do not hide less favorable reviews. Contrary to what many think, I believe it builds trust to see that they are transparent and that they respond to and resolve issues. The eCommerce user is mature enough to distrust products that only have five-star ratings.
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There is much, much more to add, but as this post is already quite long… you will have to wait for the second part if you want to learn how their loyalty program works, or about their social media and email marketing strategies.
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Can you wait a little longer to discover even more about the Singularu eCommerce success story? It will be worth it!