ECONOMY & WORK
MONEY 101
NEWS
PERSONAL FINANCE
NET WORTH
About Us Contact Us Privacy Policy Terms of Use DMCA Opt-out of personalized ads
© Copyright 2023 Market Realist. Market Realist is a registered trademark. All Rights Reserved. People may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.
MARKETREALIST.COM / ECONOMY & WORK

How Two Cousins Turned a Kitchen Experiment into a $1 Billion Cookie Empire, One Batch at a Time

In 2022 alone, Crumbl sold over 300 million of their scrumptious cookies.
PUBLISHED FEB 19, 2024
Image Source: Photo by Marta Dzedyshko | Pexels
Image Source: Photo by Marta Dzedyshko | Pexels

In 2017, two cousins who didn't know much about baking decided to start a cookie business. Jason McGowan and Sawyer Hemsley had never made cookies before, but they loved them. So, they opened their first Crumbl Cookies store in Logan, Utah.

Image Source: Crumbl Cookies Website
Image Source: Crumbl Cookies Website

At first, Crumbl was just a fun idea. Jason was good with technology, having worked for companies like Ancestry.com, and Sawyer was studying marketing in college. Together, they thought they could make something special. They started with one simple idea: to make the best chocolate chip cookies ever.

Even though they didn't have any experience baking, Jason and Sawyer were determined to figure it out. They spent a lot of time in the kitchen, trying out different recipes and asking friends and family to taste-test their cookies. Eventually, they found a recipe they loved and decided to build their whole business around it.

But making delicious cookies was only part of the equation. Jason and Sawyer knew they needed to get people excited about their cookies if they wanted their business to succeed. So, they turned to social media. They started posting pictures and videos of their cookies on platforms like TikTok and Instagram, and people loved them.


 
 
 
 
 
View this post on Instagram
 
 
 
 
 
 
 
 
 
 
 

A post shared by Crumbl Cookies (@crumblcookies)


 

One thing that set Crumbl apart was their weekly "cookie drops." Every week, they would announce a new, limited-edition cookie flavor on TikTok, and people would go crazy for it. It created a lot of excitement and made people want to try their cookies even more. McGowan explains that the weekly "cookie drops" on TikTok generate a lot of excitement and anticipation among customers. He mentions that it also adds a sense of scarcity because each new cookie flavor is only available for that specific week. On average, individual Crumbl cookies usually range between $4 and $5 each. However, if you purchase them in packs of four, six, or 12, the price per cookie decreases. This pricing strategy aims to provide customers with flexibility and value for their money.

Im
Image Source: Crumbl Cookies Instagram

Before long, Crumbl had become a huge hit. They had millions of followers on social media, and their cookies were selling like hotcakes. TikTok loves them, where they have more than 7 million followers and a viral hashtag, "#TasteWeekly." On TikTok, users post reviews, both good and bad, about Crumbl's latest cookie flavors. People couldn't get enough of them! And it wasn't just regular people who loved Crumbl—investors and entrepreneurs were taking notice too. 

Today, Crumbl Cookies has over 980 stores spread across the United States. Co-founders Jason McGowan and Sawyer Hemsley proudly announce that their cookie empire has surpassed a remarkable milestone: over $1 billion in sales across all franchises. In 2022 alone, Crumbl sold over 300 million of their scrumptious cookies.

They never could have imagined that their little cookie business would become such a big success. But they're grateful for every cookie they sell and every smile they bring to their customers' faces. And as long as people keep loving their cookies, they'll keep baking them, one delicious batch at a time.

MORE ON MARKET REALIST
Research predicted that in the consumer sector, "AI personalization strategists" and "AI supply-chain analysts" jobs are expected to emerge.
2 hours ago
The product might contain germs as the pasteurization process was not done properly due to a equipment troubleshooting error
20 hours ago
The contestant came as close as possible to winning big, but had her heart broken in the end.
20 hours ago
Trump failed to address the affordability issue that voters care most about.
20 hours ago
He said that society is not quite ready for the pace at which AI is currently displacing workers.
23 hours ago
The recall affected products that were sold to customers in four states and in Canada.
23 hours ago
Those opposed to the changes believe Trump is politicizing the health of children.
1 day ago
Bessent said that the proposition would be rolled out “in the coming weeks and months,” as a tool for working-class Americans left behind.
1 day ago
“It’s a bad idea. We are very alarmed,” a financial source stated about the proposed move.
1 day ago
A post on X could move trillions of dollars due to the power that retail investors hold
1 day ago
Despite a poor start, the contestant came close to winning the big prize.
1 day ago
The retailer had to face big losses as customers abused the no questions asked return policy.
1 day ago
The President is reportedly looking to pass tax breaks using reconciliation.
1 day ago
"Monetary policymakers would face tradeoffs between unemployment and inflation," Fed governor said.
1 day ago
Florida Hardware purchased these treats and distributed them to feed stores in Alabama, Florida, Georgia, North Carolina, and South Carolina.
1 day ago
The Democrats will make affordability a huge campaign issue ahead of the November elections.
2 days ago
He believes that the situation is similar to what the country witnessed before the 2008 crash.
2 days ago
A new report suggests the investment led growth had made the rich richer and put pressure on workers
2 days ago
The low-middle class of the country is feeling the crippling pressure of the affordability crisis
2 days ago
Thankfully, no illness or injury has been reported yet because of the foreign objects.
2 days ago