Crystal E-commerce Test
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A weekend experiment selling crystals through an e-commerce store, targeting the female demographic by leveraging celebrity endorsements and keeping costs low through affordable sourcing.
Key Points:
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Market Validation:
- Female celebrities/influencers actively promote crystals
- Notable users include Adele (pre-performance), Gwyneth Paltrow (Goop), Kim Kardashian (post-robbery recovery)
- Strong emotional connection with users (safety, centering, calming effects)
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Business Model:
- E-commerce store selling crystals
- Low startup costs ($5-10 to boot up)
- Easy sourcing with inexpensive crystal supplies
- Positioned as wellness/self-help product
- Functions like a "helpful placebo" - provides value through belief
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Results:
- Broke even with small profit in first couple weekends
- Validated basic concept viability
- Limited test duration prevented seeing full potential
- Not "gangbusters" but showed promise with minimal investment
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Implementation:
- Quick setup and launch
- Minimal overhead and logistics
- Easy to test market response
- Could be scaled with more time investment
29:54 - 31:12
Full video: 01:01:27SP
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.