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He launched an online shop with one product and a dead navigation menu

Ash Young put £5,000 into carmats.co.uk and launched with only Ford Focus mats live. Every other menu link went nowhere. It hit £5m in revenue.

Ash Young · carmats.co.uk · E-commerce · United Kingdom

£5m

revenue, from a £5,000 start

How it was funded

Bootstrapped, profitable from month one

The numbers

  • £5,000 into the business, £5,000 on the domain
  • Launched in 2020 with one product live
  • Profitable from month one and stayed that way
  • £5m revenue reached
  • Around 1,000 order days at the time of interview

Ash Young already ran a digital agency and had seen car mats being sold badly by other people: poor product presentation, poor customer service, an obvious gap. He launched carmats.co.uk in 2020 during lockdown.

To avoid spending months building a catalogue before knowing whether the idea worked, he launched with a single product populated. You could buy Ford Focus mats. Every other navigation link was a dead hash link. He pointed Google Ads straight at the Ford Focus page and watched what happened.

He put £5,000 into the business and £5,000 into the domain name, and describes taking no other real risks: the company was profitable after month one and stayed profitable. In the early days he published a phone line and pushed customers to talk to him at every opportunity so he could hear the objections directly. He still reads customer service tickets.

Once the catalogue was broad enough, he stopped bidding only on model-specific terms and went after the broad ones. The business reached £5m in revenue, was heading for £7.5m, and he could see £10m ahead.

We launched carmats.co.uk with only one product populated. If you went to the navigation to try and buy any other products, you couldn't click on them.

Ash Young, speaking on MozPod

What you can take from it

Launch the smallest thing that can take money

One product and a broken menu is a valid test. It answered the only question that mattered before a catalogue existed.

Profitable from month one is a strategy

Staying profitable was how he avoided needing to take risks at all, rather than a happy accident.

Broad keywords come after breadth of product

He earned the right to bid on generic terms by having something to sell to everyone who clicked.

Source

Reported by Moz, MozPod, episode 18. All quotes and figures belong to the original interview.