One subject I find really interesting is learning some behind-the-scenes of business and marketing. I've written before about how online brands use email subscriptions, discounts, and scarcity tactics to sell and grow. Some elements can be manipulative, but overall, I am just fascinated by how all of these hidden intricacies work.
In e-commerce businesses (retail stores that are all online) like mine, it is common to grow for the sake of growing. More sales, more staff, more products… isn’t that the definition of success?
But, as I’ve peeked a bit behind the scenes, I have wondered, “Are you, with your dozen employees and millions of dollars in sales, making any more profit than the two of us in our home office?” And in many cases, the answer is, I think: no!
Take, for example, custom socks made with your dog's face on them. It sounds random, but this is a popular kind of store to start, because the unique/quirky factor allows for a big mark-up!
I watched a behind-the-scenes video from a brand like this where an 18-year old entrepreneur has a massive warehouse, many employees, and sells a huge amount of custom socks — like, $2million in revenue. But, it turns out that most of their year is spent in virtual (if not actual) debt, waiting for the Christmas sales to pay off all of the salaries & expenses of the year. They also spend ~$30 in advertising costs to acquire every customer.
For us, personally, this business model does not appeal to us for many reasons. More runaround and more pressure. More money that goes to advertisers (acquiring each customer is pricey) and shippers (🤑USPS, FedEx etc.), not the business owner. And, it simply seems like a machine that is running just to run. To get more dog socks into the world. This is not the model for me (or others: the book Company of One outlines the appeal of an alternate route for business).
With dignify, I actually do want to grow the machine and have more work for the sake of more work. Because we don't employ women to make blankets, we make blankets to employ women: in jobs with dignity, respect, care, and appreciation.
Having now seen the environment firsthand, I know how crucial it is that Basha continues to thrive (and grow!) & to offer this extraordinary workplace to vulnerable women in Bangladesh.
So, how do I grow my own business, dignify, without feeling like I'm simply adding cogs to a big machine... and at the same time scale it up to provide consistent, reliable work for Basha's production?
These are the questions simmering in my mind since leaving Bangladesh. How do I make this work and grow? How can I satisfy my own dreams for self-employment, while inviting others into the fray? What are creative solutions to challenging problems?
The great news is that I do have a few ideas that could be amazing opportunities for growth in a win-win-win kind of way, and you should see them coming out over the next year! But, I am open to your thoughts & creativity, too!
I would love to hear your ideas — please comment below or get in touch via firstname.lastname@example.org. Thank you for being on this journey with me!
I was inspired by a goal that Elise Joy (goal-setter extraordinaire) set for herself for 2020: "Get dressed (in an outfit I feel good in) every day."
In Bangladesh, there are some cultural “rules” about what to wear that is appropriate. This amounts, basically, to covering your curves: two layers over your chest and rear. When I was there for a week, I essentially wore the same thing every day (a long, plain navy, cotton tunic, as well as a scarf). That had its own benefits (the ease of a "uniform"!), but I was also thrilled to come home and wear what I wanted to again.
But, with the freedom to wear whatever I wanted, the question came: what did I want to wear?
Listen, I know that there are book lists for DAYS out there. This is another one, and I'm not pretending otherwise! It is completely biased and based on nothing other than what I have read recently. I love to read, I love to receive recommendations, and I love to share the books that I've enjoyed with others.
Every one of these books is my recommendation to YOU, but there are also ideas of other people in your life who might enjoy them. 😉 Comment below or fire me an email with your own best, recent reads!
Dignify’s origin story has long been included, in brief, on our about page, and I refer to it whenever I’ve done interviews or podcasts or if I meet someone in person who inevitably asks, how did you get into this?
I'd like to share a bit of a wider panorama of the story, and an update. I have heard some tremendous stories from customers about the meaning that their blanket has had in some aspect of their life or a relationship. I'm so inspired, I would like to share more of mine, too. The story of dignify is very intertwined with my friend, Kathy.