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- This mom turned 5$ into 50k in 3 Months…
This mom turned 5$ into 50k in 3 Months…
This is the New Money Talks Newsletter, the newsletter packed with entrepreneurs' personal stories, financial tips, and more!
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Do you love making personalized gifts for your friends and family?
Do you wish you could turn your creativity into cash?
If you answered yes, then you’re going to love this email.
Because we’re going to share with you a real-life story of how a VERY BUSY mom of two made $50K in JUST 3 months selling customized mugs…
We’re going to show you that it’s not only POSSIBLE but also EASIER THAN YOU THINK…
Her name is Sarah, and she’s the founder of Mugify.
Mugify is a brand that sells mugs with funny, inspirational, or sentimental messages.
You’ve probably seen them on social media, or maybe even received one as a gift.
Customers can choose from different designs, colors, and fonts, or create their own.
Sarah started Mugify as just a hobby because she loved making mugs for her loved ones…
She had a knack for coming up with witty and heartfelt phrases that made people smile.
She had ZERO experience in ecommerce, no inventory, and no marketing budget.
…She just had a passion for making mugs… And a $5 investment.
She launched her store with a simple website, a catchy name, and a clever slogan: “Mugify your life”.
She used a print-on-demand service to fulfill her orders, so she didn’t have to worry about inventory, shipping, or quality control.
She used social media, email marketing, and word-of-mouth to promote her products.
She also created a referral program that rewarded her customers for sharing her products with their friends.
She generated over $50,000 in revenue in her first 3 months, with a profit margin of 60%.
She grew her customer base to over 20,000 people, who love her products and her brand.
She turned her hobby into a lucrative and fulfilling business, that allows her to work from home and spend more time with her kids.
But that’s not the BEST part.
The best part is that YOU CAN DO IT TOO.
You just need to follow a few simple steps, and take action…
Here are 5 simple steps she followed to succeed:
1) She identified her niche and target audience.
She knew that her mugs appealed to people who liked humor, positivity, and personalization.
She also knew that her mugs made great gifts for various occasions, such as birthdays, anniversaries, and holidays.
2) She researched her market and competitors.
She looked at what other mug sellers were offering, and how they were pricing, marketing, and branding their products.
She found a gap in the market for mugs that were more original, customizable, and affordable.
3) She created her unique value proposition and brand identity.
She decided to focus on mugs that had catchy, clever, and meaningful messages.
She also decided to offer more options for customization, such as colors, fonts, and images. She chose a name and a logo that reflected her brand personality and message.
4) She built her website and product catalog.
She used a user-friendly platform to create her website, and integrated it with a print-on-demand service.
She designed her product pages to showcase her mugs, and added features such as reviews, ratings, and FAQs.
She also added a feature that allowed customers to create their own mugs, and preview them before ordering.
5) She marketed and scaled her business.
She used social media to share her mugs and engage with her audience.
She used email marketing to build trust and loyalty with her customers and send them offers and updates.
She used word-of-mouth to generate referrals and testimonials.
She also used analytics and feedback to optimize her website and products and test new ideas.
…That’s it.
That’s how Sarah turned her passion for making mugs into a profitable and sustainable business.
And she did it all with just $5.
And that’s the POWER of passion.
It can transform your life, and the lives of others, in ways you NEVER IMAGINED.
It can make you happy, fulfilled, and successful.
It can make you UNSTOPPABLE.
You have that passion inside you… You just need to unleash it and share it with the world.
Tweet of the day
“Most people end up being conformists; few become reformers; hardly anyone becomes a rebel, a revolutionary”
— Parker Cardwell (@parkercardwell)
11:38 PM • Feb 9, 2024
If you read today’s newsletter and enjoyed it even half as much as we enjoyed preparing it for you, we’d love for you to reply to it and give your feedback so we can keep improving them over time.
See you on Wednesday :)