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- The Star Wars fans who built a 7-figure ecommerce empire...
The Star Wars fans who built a 7-figure ecommerce empire...
This is the New Money Talks Newsletter, the newsletter packed with entrepreneurs' personal stories, real estate investing, financial tips, and more!
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In this email, I want to share a fantastic ecommerce success story that will blow your mind and inspire you to take your business to the next level.
Now…
Do you love Star Wars? How about Marvel, DC, Harry Potter, or Game of Thrones?
If you’re a fan of any of these pop culture franchises, you’re not alone.
Millions of people around the world share your passion and enthusiasm for these stories and characters.
But what if I told you that you could turn your passion into a profitable business?
What if I told you that there is an ecommerce brand that did exactly that, and became one of the leading online destinations for pop culture fans in India?
That brand is The Souled Store, and this is their story…
The Souled Store was founded in 2013 by three college friends who loved Star Wars and wanted to create their own designs of t-shirts, posters, mugs, and other products inspired by their favorite movies, TV shows, comics, and games.
They started with a small investment of about $350 and a website that they built themselves.
They faced MANY challenges in the beginning,
such as finding reliable suppliers, managing inventory, handling customer service, and marketing their brand.
They also had to deal with competition from other ecommerce players and counterfeit products…
However, they persevered and focused on creating high-quality products that resonated with their target audience.
They also partnered with official licensors such as Disney, Marvel, Warner Bros., WWE, and others to offer authentic and exclusive merchandise.
The Souled Store grew rapidly and became one of the leading online destinations for pop culture fans in India. They have over 2 million customers and sell more than 100,000 products every month.
They have also expanded their product range to include accessories, backpacks, socks, notebooks, badges, and more.
They have also launched their own sub-brands such as SoulFit (fitness wear), SoulScape (travel wear), and SoulWorks (work wear).
The Souled Store is a great example of an ecommerce success story that started from a passion and turned into a profitable business.
The founders once said,
“We are not just selling products, we are selling emotions. We want our customers to feel happy and proud when they wear our products.”
The Souled Store shows that you can achieve your ecommerce dreams if you have a clear vision, a unique value proposition, and a loyal fan base.
Tweet of the day
5 profitable principles of human nature:
1. People are incredibly insecure
2. People are incredibly self-centered
3. Pain is more powerful than pleasure
4. Fear of loss is more powerful than pleasure of gain
5. People buy on emotion, not logic— Connor Showler (@ConnorShowler)
5:55 PM • Oct 22, 2023
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 Friday :)
PS: You have the power to turn your passion into a profitable business.
You have the talent, the creativity, and the vision to create products that your customers will love.
Don’t let anything stop you from pursuing your dream and growing your ecommerce brand in 2023.
You have what it takes to succeed.