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So Trends is The Hustle's research and community product. We show various opportunities and how to capitalize. We've started sharing success stories. This one's cool: Sam Eitzen owned Snapbar, a wedding photobooth business with $2.5m/year in sales.pic.twitter.com/mVprzTEkTq
With corona, sales dropped to $0. “It’s not like we’re still able to operate like a restaurant and still serve some customers food through a drive-through,” Eitzen said. “For us it was really just 100 to zero overnight.” With a few months of runway, they had to move fast.
On Trends, we covered the monthly box business. How much they make, the economic of it, things like that. With our reporting and the Trends community feedback/help, Sam + team retooled their company to offer local products via a monthly box. The result:https://keepyourcitysmiling.com/
The customer service team secured the products/deals for the box. Eng built the thing. Overall, the product did $250k in the first 60 days.pic.twitter.com/4zWY5BcOZl
Sam and Snapbar has about 12 employees before this. The profits from the pivot made it so they didn't have to lay anyone off, even as revenue previously hit $0. Amazing. Very, very amazing
Incredible story and makes me glad to be part of the trends community too.
we're pumped to have you too
@FredWeaverIV read this thread
Love this story! This shows, that a dedicated great team can built awesome things overnight. Maybe this will also show other businesses, that they can grow in different ways with the team they have for the future, so they don’t have to just grow in one direction.
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