Blending Online Fashion and Data Mining in LatAm. Achieved break-even and US$640K in run-rate revenue in 10 months.
Magnolia is an online-only fashion store currently present in Chile, Colombia, and Perú. Launched in December 2012, Magnolia fills a void by offering its female clients hard-to-find fashionable brands at discounted prices. After 9 months in business our sales have grown 24X to US$640K in run-rate revenue, we achieved break even point, have delivered 2,900+ orders and have over 260K monthly unique visitors to our sites.