Egg Carton Business Growth
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A story about how Sarah Moore bought and grew a business called egg cartons.com, transforming it from a niche egg packaging company into a broader specialty packaging business.
"When I first bought the business, the first couple years things were on the decline a little bit. I made quite a few mistakes and it wasn't looking too promising. I initially thought I was in the egg industry, so I was looking at what's the duck egg market like, what's the chicken egg market. But really, when I got in it, I realized I'm not in the egg industry - I'm in specialty packaging.
It was actually a lot more of an opportunity than I ever realized. I wasn't some genius figuring this out, I just looked at our order history. We were getting orders from people selling crickets and dubia roaches, people using egg cartons for small parts, bath bombs, cupcakes. I estimate now that 40% of our revenue has nothing to do with eggs.
When I realized that potential and our specialty in proprietary products, I spent most of my time focusing on that - not on having an amazing modern website, but focusing on these products that I call 'sticky.' These are products where we're making custom molds for customers that they'll keep buying from us.
Then COVID came - COVID was like cheating because we 5-6x'ed during COVID. It was a combination of recognizing how big our market really was and then recognizing that COVID was an incredible opportunity for us to take all of our capabilities and run with it."
Sarah Moore
Sarah Moore was a student in college that had no money no experience the only thing she owned in her life was her car a rav 4 and she decided to buy a business and spent a year searching through a 100,000 businesses and she found this niche business called egg cartons.com and turned it into a multi million dollar business.