Lulu Dharma

Lulu Dharma is excited to launch it's 1st Co-Op on Kickfurther!

Los Angeles California

https://luludharma.com

Total Raised
$118,856.00
Total Payout
$125,179.00
Instructions

Inventory Inspection Type

5.31% Co-Op Profit Margin $63.23 profit per pack

3.5 MonthsDuration

80%PSC

Purchase Methods

Hello Kickfurther Community! We are an environmentally friendly line of bags that has been featured on National Network Morning tv shows 10 times in 2020. For a full list of press, visit our website!

This production run is on the heels of a sold out feature show where we sold out of 5k units in 1 hour. The first iteration of this bag was featured in Oprah's Favorite Things 2019 where we sold over 26k of this bag design in 2019-2020. We are excited to have been asked back for 2 more show segments in Q2 and would love for the Kickfurther community to be a part of these events. This is also a chance to back eco-production of goods. All of these bags are made of high-quality vegan leather, Peta approved (we are a cruelty-free company whose pledge is to protect our environment and its animals while making beautiful, unique, luxurious and affordable bags). We are also carbon neutral and moving toward using 100% recycled materials by the end of 2022.

FINANCIAL

  • Lulu Dharma generated over $2,400,000 in sales in 2020, which is only par with our 2019 sale (even during Covid) speaking to customer loyalty and solid retail and solid tv partnerships since 2012!  

  • Last quarter we shipped over 22,214 units to 14,179 customers. 

  • Our full gross profit margin last quarter was 70%. 

TRACTION 

CUSTOMER EXPERIENCE 

  • On average, 16% of our purchases have been made by returning customers!

  • We currently have 34k + highly engaged customers who have bought from us in the last 12 months.

We sell through our Shopify website, Amazon, and have healthy loyal D2C business with over 34k engaged customers, large wholesale partnerships with national companies such as FabFitFun. This is our first Kickfurther Co-Op, hopefully of many, so we are testing the waters with some of our best sellers. We are committed to an early or on-time payback!

Please Login to see Additional Information.

×

Leave a Review


×

Join our mailing list!

Enter your email to get notified about exciting new Co-Ops: