The Koerner Office - Business Ideas and Deep Dives with Chris Koerner - 011: Dropshipping Tiny things to make $4k/Month

Episode Date: September 13, 2023

In today's feature, we delve into the inspiring journey of Amanda Austin, the brain behind the Little Shop of Miniatures. Amanda's story is a testament to the power of resilience, strategic ...planning, and the magic that happens when one turns a childhood affection into a thriving business. As you read through Amanda's narrative, you'll discover how a well-thought-out SEO strategy can be a game-changer, and why sometimes, taking a step back to focus on personal priorities can still keep the business dream alive. Let's dive into Amanda's world of miniatures, where small things translate into big achievements.

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Starting point is 00:00:03 Welcome to Startup Gems. We find undiscovered startup growth hacks, stories, and case studies from every random nook and cranny of the internet. Whether you're a seasoned entrepreneur, an aspiring startup enthusiast, or simply someone seeking inspiration, startup gems is your source for the stories that ignite the flames of innovation. Let's dive in. In today's feature, we delve into the inspiring journey of Amanda Austin, the brain behind the little shop of miniature. Amanda's story is a testament to the power of resilience, strategic planning, and the magic that happens when one turns a childhood affection into a thriving business. As you read through Amanda's narrative, you'll discover how a well-thought-out SEO strategy can be a game changer, and why sometimes
Starting point is 00:00:51 taking a step back to focus on personal priorities can still keep the business dream alive. Let's dive into Amanda's world of miniatures, where small things translate into big achievements. I'm Amanda Austin, the proud of... founder of the little shop of miniatures, a haven for dollhouse enthusiasts located in Erie, Pennsylvania. I started this journey back in May 2017, and since then, it's been a roller coaster of learning and growth. My store, which officially opened its virtual doors in November 2017, offers a vast array of dollhouse kits and miniatures, catering to hobbyists, children working on school projects, and companies creating model displays for corporate events. Despite the seasonal
Starting point is 00:01:32 fluctuations with summer being the slow period, I've managed to maintain a steady revenue stream, averaging around $4,000 a month. Before embarking on this entrepreneurial path, I was stuck in a dissatisfying job in the marketing department of a Fortune 500 insurance company. The discontent nudged me to explore other avenues and e-commerce caught my attention. I invested in a course to understand the intricacies of the online market space. My research led me to discover a niche that was not only profitable but also close to my heart, dollhouse miniatures. I remember the miniature store in my local mall that I was obsessed with as a child. My grandma had crafted a dollhouse for me, and I would spend all my allowances buying miniatures to adorn it. This childhood connection to
Starting point is 00:02:17 miniatures made the business idea even more appealing. I took a strategic approach focusing on long-tail keywords with decent search volumes and low competition. The goal was to rank well in organic searches and I was determined to build a site that would attract a good number of visitors through well-placed keywords. I attended one of the largest trade shows for dollhouse miniatures in Las Vegas, where I connected with a company willing to drop ship for me, saving me from the hassle of managing inventory. Setting up the business was an exciting phase. I chose Shopify for my online store, a platform I fell in love with for its user-friendliness and excellent support team. Leveraging my background in copywriting and website management, I focused on creating a blog
Starting point is 00:03:02 rich with keywords related to dollhouse miniatures. Despite being somewhat lax in updating the content, the blog has continued to draw thousands to my site monthly, offering valuable insights and tips on topics such as choosing the right glue for dollhouses. The initial investment was below five grand, funded from my savings. The real challenge was the opportunity cost of leaving my day job to focus on the business. The first year was slow, teaching me the lonely side of entrepreneurship. However, I found solace in a full-time role at a successful local business, where I managed various aspects including their Shopify, Amazon, and email marketing,
Starting point is 00:03:39 while simultaneously running my store during free time. To stand out in the market, I emphasized a great design for my site, making it more user-friendly and attractive compared to the competition. SEO became my best friend, helping me rank for three main keywords, through meticulous optimization of various elements on my site, including product descriptions and meta descriptions. My blog became a powerhouse, attracting a significant amount of traffic
Starting point is 00:04:07 through helpful content and Pinterest pins created from Canva templates, which brought around 700 referrals a week. Networking played a crucial role in growing my business. I reached out to influencers in the dollhouse miniature space, creating round-up posts featuring the best blogs and Instagram accounts. This not only brought backlinks, but also fostered valuable relationships like the one with the Daily Mini, who featured my products in a book she published later. Email marketing through Clavio became an essential tool,
Starting point is 00:04:37 helping me set up a welcome series and manage abandoned cart emails effectively. Despite experimenting with Facebook posts and Google Ads, I realized that my margins couldn't sustain digital advertising. Hence, I focused on maintaining a high rank on Google's first page and nurturing my returning customers, who constitute about 11% of my traffic. Today, my store stands strong, witnessing a 212% growth year over year, according to Shopify.
Starting point is 00:05:04 The journey hasn't been without hurdles, including a significant glitch right before Black Friday, coinciding with the birth of my first child. The store started listing out-of-stock items, creating a chaotic situation that took six months to resolve. Despite the stress and the thought of shutting down crossing my mind multiple times, My stubborn nature kept me going.
Starting point is 00:05:25 Looking ahead, I plan to expand my product range, choosing from the 20,000 options my supplier offers. Improving my email marketing strategy and maintaining my top spot on Google's organic search results are high on my priority list. While the thought of dominating the industry is tempting, my young and growing family takes precedence at the moment. Amanda Austin's journey with the little shop of miniatures is a vibrant tapestry woven with threads of deterrent. termination, strategic thinking, and a deep-seated love for miniatures. Her story teaches aspiring entrepreneurs the value of SEO and the potential of a well-cureated blog in driving traffic to a business website. Moreover, Amanda's experience underscores the importance of resilience in entrepreneurship, demonstrating that even in the face of challenges, a steadfast spirit can
Starting point is 00:06:15 keep the business flame burning. As Amanda continues to balance family life with her entrepreneurial spirit, her story stands as a beacon, encouraging others to find that sweet spot between passion and profitability without losing sight of personal well-being. It's a narrative of hope, perseverance, and the joy that comes from seeing a childhood affection bloom into a source of inspiration and income. Thanks for joining us on this journey through the world of startups and innovation. We hope you've uncovered some valuable gems to fuel your entrepreneurial spirit. Don't forget to tune in next time. for another inspiring story that will keep your entrepreneurial fire burning. Until then, keep exploring, keep innovating, and keep shining bright with startup gems.

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