By SIMON CIURI
In Summary
- Purpink Gift Shop targets high-end clients and corporate bodies with customised gifts
- In a good month, the business makes between Sh600,000 and Sh1 million per month
- Purpkin Gift Shop deals in buying, packaging and delivering gift hampers — targeting both corporates and individuals
- Clients can make online orders. Pricing is based on what the client wants delivered and the distance covered. The firm customises gifts to look more appealing and presentable
Two classmates started a small on-line gift-shop
selling simple and low-cost jewelry to fellow students late last year
with a capital of Sh500.
Today, the business has grown and diversified into a profitable venture making up to Sh1 million per month in profit.
Today, the business has grown and diversified into a profitable venture making up to Sh1 million per month in profit.
Purpink Gift Shop targets high-end clients and
corporate bodies with customised gifts, thanks to an idea that was
born inside a classroom by two broke students.
‘‘We started this business last year November with
a small pack of jewelry. We were buying the pieces at Sh30 each and
re-selling each at Sh50, ’’ said one of the founders, Aryton Bett, 21,
in an interview with the Business Daily at Strathmore Business School where he is taking a Bachelor of Business Information Technology (BBIT) course.
The idea was to cater for a huge number of
students at Strathmore University who wanted to propose to
potential partners in a special and affordable way.
‘‘We started by wrapping a simple ring or even pen to look sophisticated and appealing.
Buoyed by the response, this came with more
orders,’’ said Diana Martha Mwaniki, a co-founder, at an exhibition of
SMEs at Strathmore University last week.
In a good month, the business makes between Sh600,000 and Sh1 million per month, they said.
Purpkin Gift Shop deals in buying, packaging and delivering gift hampers — targeting both corporates and individuals.
Clients can make online orders. Pricing is based
on what the client wants delivered and the distance covered. The firm
customises gifts to look more appealing and presentable.
In the first three months after opening their
briefcase enterprise, Bett and her business partner Martha were
struggling to make ends meet.
‘‘We hardly made profit as we had expected, we had
to go back to the drawing board and plan how to diversify our
portfolio,’’ Martha, 22, who is also pursuing a BBIT course, said.
Initially their presence was limited to Strathmore
and because advertising in both the electronic and print media was
very expensive, the duo decided to exploit the social media
platform.
Two weeks after posting their services on
Facebook, client numbers grew rapidly with enquiries about their
products, prices and delivery methods coming from as far afield as
Uganda, Rwanda and Tanzania.
‘‘Two weeks after placing our services on
Facebook we got good business and made Sh100,000. We used part of the
income to set up a website and register our company, we ploughed the
remaining money back into the business,’’ said Martha.
With the growth came the need to have a store to operate from, with the aim of giving their trade a corporate touch.
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