How We Rebounded From A 92% Loss In Sales Due To The Pandemic
This is a follow up story for Sydney Party Decorations. If you're interested in reading how they got started, published about 6 years ago, check it out here.
Hello again! Remind us who you are and what business you started.
30 years ago my mum Mala Salakas was Patches The Clown. Her passion for parties led her to open a small party shop. In 2007 I and my brother Peter took over the family business so she could retire. Today it’s Australia’s leading online party supplies retailer with over 25000 party supplies. We also operate 2 bricks and mortar stores of which one is Australia’s largest.
Tell us about what you’ve been up to! Has the business been growing?
We have had a rough year with COVID. We were at one point down 92% on sales compared to the prior year. This has now rebounded to be roughly normal now. I will talk about this in more detail in the next question.
Also in the last 12 months, we have been a finalist for Innovator Of The Year (of which the other two finalists were bunnings and Officeworks who have...
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Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
