Covid Made Me Think About Closing Down My Business, Until I Found A New Revenue Stream! [Update]
This is a follow up story for Temples and Markets. If you're interested in reading how they got started, published about 7 years ago, check it out here.
Hello again! Remind us who you are and what business you started.
I am Judith, the Founder of the online curated and ethical store Temples and Markets, where every product has a story. I launched the store in 2015 and I showcase sustainable accessories, bags, jewelry, and home decor unique to South East Asia.
Most products are handmade from sustainable and or recycled materials.
My customers are generally high-mid demographic females who are interested in unique gifts with a sustainable edge.
My best-selling products are from Zsiska Design (jewelry) and water hyacinth basket bags from artisans in Northern Thailand.
After 2 years of Covid, I was contemplating closing my business as things had been so tough. However, I had a much better year in 2022 ending up 14% on the previous year’s revenue in-store sales alone. However, I was able to also find an additional lucrative revenue stream which I shall speak about below.
It can take years and years to see sustainable income from your business, and those years will be full of ups and downs.
