Friend Review Launch Strategy
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A strategy for launching successfully on Etsy by leveraging initial friend purchases and authentic reviews to build marketplace credibility. Based on the success story of Smithy Home Couture, a throw pillow business.
Key Points:
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Initial Launch Strategy:
- Had 10-20 friends purchase products at cost through Etsy
- Friends left genuine reviews to build initial credibility
- Ran minimal advertising (~$100 in ads)
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Growth Method:
- Let positive reviews drive organic growth
- Relied heavily on word-of-mouth marketing
- Kept marketing spend extremely low ($300 over 2 months)
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Results:
- Achieved nearly 10,000 sales on Etsy
- Generated high 6-figures in revenue in 2023
- Built to over $1 million in total revenue
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Business Evolution:
- Started with home-based production
- Expanded to small warehouse operation
- Hired 4 part-time sewers for production
- Established daily UPS pickup system
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Key Success Factor:
- High-quality product that generated natural word-of-mouth
- Customers loved the product and told their friends
- No complex marketing hacks - just authentic growth through satisfied customers
30:05 - 32:08
Full video: 55:55SP
Shaan Puri
Host of MFM
Shaan Puri is the Chairman and Co-Founder of The Milk Road. He previously worked at Twitch as a Senior Director of Product, Mobile Gaming, and Emerging Markets. He also attended Duke University.