$10 Million in Sales from Free Social Media Traffic (Examples)
You think internet is dead? You think SEO doesn't work anymore and it's too damn hard to generate traffic using Social media or content marketing - well you are dead wrong.
I was recently watching the latest episodes of Shark Tank, and I was quite happy to see that people with very little experience, almost zero advertising budget were able to reach $10 Million in sales.
I thought to myself - this could be a great inspiration for people starting out.. who believes that the internet is too damn tough to build a serious business. Trust me guys - internet still remains one of those platforms.. where a mere nobody can come up with a product idea and can make millions without any great marketing and advertising budgets.
When I noticed a couple of companies claiming to make close to $10 Million in sales, I took the time to watch all the episodes and list all these companies and their numbers for you to glean some insights from them.
(In the list below not all companies are making $10 Million, but most of them are close to that mark).
Let's dive right into the companies...
1. Reddress Boutique - "an online mail-order service for affordable, fashionable outfits"
Established Sales: $8 million in 12 months
Projected Sales for 2014: $12-15 Million
Traffic Source: Social Media & WOM only
Deal Closed: $1.2 Million for 20%, Company Valued at $6 Million
Video: Red Dress Boutique Pitch
2. Grace and Lace - "knitted boot socks"
Established Sales:$1.25 million
Traffic Source: 90% Internet (Social Media)
Video: Grace and Lace Pitch
3. Titin - "a weighted workout shirt designed to increase exercise performance"
Established Sales:$4.5 million
Projected Sales for 2014: $10 Million
Traffic Source: Internet
Deal Closed: $500,000 for 20% Plus Production taken care off
(Company Valued at $2.5 Million)
Video: Titin Pitch
4. SquattyPotty - "a footstool that puts the user of a western toilet in a squatting position for more natural, healthier bowel movements"
Established Sales: $4 Million
Projected Sales for 2014: $7 Million
Traffic Source: Internet
Deal Closed: $350,000 for 10%
Video: SquattyPotty Pitch
5. SunStaches - "novelty sunglasses with attached facial accessories"
Established Sales:$4.5 million
Projected Sales for 2014: $6.4 Million
Traffic Source: Internet
Deal Closed: $300,000 for 20%, Company Valued at $1.5 Million
Video: Sun Staches Pitch
6. Roominate - "a construction set toy"
Established Sales: $1.7 Million in 18 months
Projected Sales 2014 : $5 Million
Traffic Source: Online & Stores
Deal Closed: $500,000 USD for 5% stake at $10 Million Valuation
Video: Roominate Pitch
7. CoffeeMeetsBagle - "Dating App"
Established Sales:$1 million on track
Projected Sales 2014: $10 Million
Traffic Source: Internet
Video: Coffee Meets Bagle Pitch
8. BomBas - "quality athletic socks"
Established Sales: $450,000 in 9 months
Projected Sales for 2014: $1.1 Million
Traffic Source: Internet
Deal Closed: $200,000 USD for 17.5% stake (Plus cost of inventory and manufacturing)
Video: Bombas Pitch
Ain't those numbers exciting.. specially for businesses that are less than a couple of years old.
No more excuses, go out there and make a killing...
Let me know if I missed out on any that you think fits this list of brands that primarily sold over online and reached beyond a million dollars in sales.
Owner of LABEShops.com & 20+ Niche Online Stores as well as Scifispace.com and other sites. Recommended Host: Evolve
Web developer by trade with a flare for digital marketing and a taste for fine craft brews.
Full-time Internet Marketer. PM me and let's connect!
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