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
The home improvement retailer cut its earnings projections for a third quarter in a row
13 hours ago
The President has often made claims that are not entirely true and this seems to be one of them.
14 hours ago
The retailer has its own payment service that customers are free to use apart from cash and card.
14 hours ago
Claudia Sahm told Fortune that the Fed was stuck in a hard place.
15 hours ago
Nela Richardson, chief economist at ADP told Fortune, the granular data shows a shift in job trends.
15 hours ago
Shoplifting is a big problem in the country and retailers lose several millions each year.
15 hours ago
The two are having a very public falling out and Greene is even going to leave Congress next year.
15 hours ago
"She was the worst player/lowest scoring this evening otherwise," a fan reacted.
1 day ago
Jennings went on the greatest "Jeopardy!" run of all time, winning a whopping 74 games.
1 day ago
Clearly, the economy is not in the best shape thanks to inflation and unemployment.
1 day ago
With the cost of Medicare premiums going up next year, things are not looking good for them.
1 day ago
In these uncertain times, people are always looking for options to grow their wealth.
1 day ago
Co-chairman of Oaktree Capital raised serious questions on the impact of AI on jobs.
1 day ago
The fast food chain might have wanted to cut costs but they ended up angering several customers.
1 day ago
The mother of two said that one of her daughters had tricked her by recording an audition tape under the guise of a school assignment.
2 days ago
While skeptics often draw comparisons, the outcome of the AI boom may be different.
2 days ago
The guest said that she did not really care about the item for about 20 years after finding it.
2 days ago
The economist noted that smaller businesses had no choice but to lay people off as costs increased.
2 days ago
Thousands cannot afford to pay so much for groceries and are being creative with what they have.
2 days ago
Customers who might have purchased the product would do well to throw it away or get a refund.
2 days ago