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— Case Study · BargainDepot

From zero to $3MM in revenue, profitable from month one.

Mining my 200-million-record email database for buyer signals, I launched a targeted discount e-commerce business — starting with sunglasses — and scaled it to $3MM, profitable from the first month, then sold it.

Type Startup I built
Company BargainDepot
Industry E-commerce
Timeframe Founded to acquisition
Situation

A studio hunting its next profitable bet.

While running my successful email marketing business, e360Insight, I noticed that many of my clients were selling products through e-commerce websites. At my startup studio, Maverick Direct Marketing, I was looking for a new startup project that could generate profitable, incremental growth.

Task

A new e-commerce startup on my data.

Develop a profitable new e-commerce startup that could leverage my large consumer email database.

Action

Target buyers I already knew.

I analyzed my database of over 200 million email addresses and found that the income distribution closely mirrored the U.S. population — and that many of the consumers had opted into discount offers, promotions, and sweepstakes.

What I did
  • Tested discount fashion-accessory offers, starting with sunglasses.
  • Expanded into handbags and licensed household products — blankets, pillows.
  • Because I controlled the distribution channel, I targeted specific offers to the consumers most likely to respond.
Result

Zero to $3MM, profitable from month one.

I scaled the business from zero to $3MM in revenue. It was profitable in its first month — and remained profitable every month thereafter. BargainDepot was ultimately acquired by a strategic buyer.

The outcome
  • $3MM in revenue, from zero.
  • Profitable from month one — and every month after.
  • Acquired by a strategic buyer.
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