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The Riches ARE in the Niches… $5 Million a Year Selling Cufflinks ONLINE!

Posted by: In: Case Studies 24 Nov 2010 Comments: 0

The Internet is the ultimate machine for marketing “niche” products. Ravi Ratan figured this out early on.

Working in his family’s mulit-generational, custom clothing business, Ravi decided to register Cufflinks.com. For years, the domain sat dormant, until one day Ravi figured he might as well try to sell on the site. So, Ratan went out and bought products at a local retailer and put them on CuffLinks.com. They all sold. Quickly. He bought more, and once again, they all sold. A 21st century sartorial entrepreneur had been born!

These days, Ravi Ratan runs a $5 million a year business selling cuff links online. He’s the largest retail seller of cuff links in the world and sells more than most of his online competitors — combined! In addition to designing and manufacturing his own incredibly creative ones — such as a pair that include usable flash drives (featured GQin and Maxxam magazines) — Ravi sells name-brand products from other fashion designers, and has managed to obtain authorized distribution rights from the NFL, NBA, MLB and a host of NCAA schools.

In a very smart move, Ratan set up the firm so that he sells at every level of the sales channel. What started as an “online only” site has morphed into a small powerhouse selling retail, wholesale, custom, directly to customers, via affiliates, and even drop shipping for companies that don’t want to deal with order fulfillment! In other words, if you have a website, you can buy stock from Ravi wholesale and resell it. However, if you just want to market the products from the Cufflinks.com site, you can do that and CuffLinks.com will fulfill the sale and send you a commission check for your lead! The bottom line: Regardless of whether you want to sell on your own site, a friend’s site, through Facebook, or you want to work with a third-party wedding planning, tuxedo rental or high-end men’s clothing site, Ravi has found a way to help sell cuff links through all of these markets.

When I was growing up, there used to be a TV commercial for Shick razors in which billionaire Victor Kiam says, “I liked the company so much, I bought it.” Well, I’m no billionaire, but after ordering from CuffLinks.com and being impressed, and after meeting Ravi and being further impressed, I decided to invest and am now a proud co-owner! The lesson here, of course, is that no matter how small the product, or how narrow the niche, the Internet provides smart entrepreneurs a platform for reaching customers like we’ve never seen before. Just ask Ravi, who despite his incredible talent and penchant for hard work, always keeps his sleeves rolled down, not rolled not up — because you never miss an opportunity to market CuffLinks!

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