Crystal E-commerce Test

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:

  • 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)
  • 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
  • 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
  • Implementation:

    • Quick setup and launch
    • Minimal overhead and logistics
    • Easy to test market response
    • Could be scaled with more time investment
SP

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.

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