Reclaiming Our Market Leadership As Competition Emerged [Update On Our $35K/Month Gift Service Business]
This is a follow up story for Thankbox. If you're interested in reading how they got started, published almost 3 years ago, check it out here.
Hello again! Remind us who you are and what business you started.
My name is Valentin Hinov and together with my co-founder, Tsvetelina Hinova, we run Thankbox, an online card and gift collection service for teams. I first wrote about my story bootstrapping Thankbox back in June 2022.
We are mainly used within businesses as an employee appreciation and occasion celebration platform. Sending a colleague a Thankbox for their birthday, retirement, or farewell are all common use cases. Personal occasions, like a remote group of friends celebrating someone’s birthday, are pretty common as well. We also make it simple to collect money from everyone as a gift for the recipient.
Our pricing is dead simple and hasn’t changed since we launched - $5.99 for a standard Thankbox and $9.99 for a premium one. Since launch Thankbox has been used to send over 100,000 cards and issue over $6 million in gifts. Our average monthly revenue is around $35k.
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.
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.
