Make ₹50 Lakhs in 50 Days | E-Commerce/Business Masterclass

Labour Law Advisor・2 minutes read

A video documenting the journey of Jagruk Journal 2023 showcased the development and growth of the startup, including detailed processes, revenue details, and strategies implemented to overcome challenges. The video emphasized the importance of meeting customer needs, improving product value, and highlighted the financial transparency of the business, aiming to inspire budding entrepreneurs and provide insights into launching and scaling a product successfully.

Insights

  • The video detailing the journey of Jagruk Journal 2023 provided transparent insights into the product's P&L, emphasizing the importance of scalability and customer value.
  • Viewers were guided through the challenges and successes of creating a minimum viable product, implementing processes, addressing customer needs, and employing various marketing strategies to achieve a significant sales milestone of Rs. 50 lakh in 50 days, showcasing the impact of strategic planning and execution in a startup environment.

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Recent questions

  • How was Jagruk Journal's video received?

    Well

  • What were the key factors impacting customer buying decisions?

    5 factors

  • What were the challenges faced by Jagruk Journal in logistics?

    Overcome

  • What marketing strategies were employed by Jagruk Journal?

    Google, Facebook ads

  • What was the financial outcome of Jagruk Journal in 2023?

    Revenue, expenses, profit

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Summary

00:00

Classic Spaghetti Carbonara Recipe

  • Recipe for classic spaghetti carbonara
  • Ingredients: spaghetti, eggs, pecorino cheese, guanciale, black pepper
  • Boil spaghetti until al dente
  • Cook guanciale until crispy
  • Whisk eggs with cheese and pepper
  • Toss cooked spaghetti with guanciale and egg mixture
  • Serve immediately

00:00

"Transparent Journey: Jagruk Journal 2023 P&L"

  • Last year, an impromptu and honest video was made about launching a product, ideating it, making it, and finding a vendor.
  • The video shared the entire P&L of Jagruk Journal 2022 with total transparency.
  • The video was well-received by people interested in starting their own startup and inspired by Shark Tank.
  • The video addressed those with a product idea but no knowledge on how to make it, launch it in the market, or make the first sale.
  • The video served as a follow-up to the previous one, detailing the first year's experiment in creating a minimum viable product.
  • Last year's focus was on making the product scalable and introducing processes to enhance it.
  • Thanks to the implemented processes, Jagruk Journal was able to sell worth Rs. 50 lakh in 50 days.
  • The video aimed to take viewers on the journey of Jagruk Journal 2023 for the entire year.
  • The journey started with an MVP and included the incorporation of various processes to make the product scalable.
  • The video also highlighted the changes made in the next 24 editions of Jagruk Journal based on the learnings from the previous year.
  • The video introduced 5 factors impacting customer buying decisions and divided operations into 6 parts with detailed processes and expenses.
  • The video concluded with the complete P&L of Jagruk Journal 2023, including profit details and transparency.
  • The video featured a guest appearance by Andy, who shared insights on product leadership in LLA.
  • The video emphasized the importance of meeting customer needs and ensuring value for money in the product.
  • The video showcased the efforts made to improve packaging, design, and customer experience for Jagruk Journal 2023.
  • The video highlighted the challenges faced in logistics, order processing, and customer support, along with the strategies implemented to overcome them.
  • The video detailed the marketing strategies employed, including Google and Facebook ads, influencer marketing, and remarketing efforts.
  • The video discussed the importance of tracking and analyzing data to make informed decisions and improve operations.
  • The video revealed the financial details of Jagruk Journal 2023, including revenue, expenses, and net profit.
  • The video shared the target of reaching 20,000 customers and the efforts made to scale the product for greater success.
  • The video offered a discount code "End User" for viewers to use and receive signed bookmarks as a special offer.
  • The video concluded with a message of gratitude to viewers and an invitation to engage with the Jagruk Journal brand.
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