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Professional engraving is expensive. It takes many years experience to develop the skill and to collect the tooling necessary to do the work. It is not unusual for the cost of the engraving to exceed the cost of the item by many times. Only the consumer can decide if the finished article will be worth it to them or not.
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Ultimately all business is about building trust. So the next time you process an order or answer a query, focus on building a relationship, rather than a business.
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Don't abandon advertising that's working - but keep trying to improve it. And regularly test new things to see how they work for you. If you never make any changes in your advertising, your sales will eventually decline.
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But if you focus on the opportunity, you'll be competing with a whole lot of other, more established networking companies, for a new prospect's time and money.