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The Chocolate Company That Sold One Million Bars In 20 Months

Shopify Masters · with Nick Saltarelli · December 6, 2022 · 37 min

Summary

Mid-Day Squares achieved explosive growth by identifying a gap in the CPG market for functional, protein-rich chocolate bars. This episode unpacks their direct-to-consumer strategy powered by Shopify, detailing their journey from kitchen conceptualization to selling over one million bars in 20 months. Learn how strategic fundraising, brand building, and operational scaling were critical to their rapid success.

Key takeaways

Themes

dtc strategybrand & contentfinance & fundraisingsupply chain & operations

Topics covered

cpg startupfunctional food product developmentdtc growth strategiesfundraising for cpgshopify e-commercescaling food manufacturing

Episode description

Nick Saltarelli saw a gap in the chocolate market and created a functional, protein-rich chocolate bar from scratch in their kitchen. Nick shares the fundraising journey behind Mid-Day Squares, and how he and his wife sold more than one million chocolate bars in just 20 months. This episode contains explicit language

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Frequently asked about this episode

What does this episode say about dtc strategy?
Mid-Day Squares achieved product-market fit by creating a protein-rich, functional chocolate bar that resonated with a health-conscious niche, demonstrating the power of solving a specific consumer need.
What does this episode say about brand & content?
Leveraged a direct-to-consumer (DTC) model via Shopify to rapidly scale sales and build a strong brand connection, bypassing traditional retail gatekeepers in their early stages.
What does this episode say about finance & fundraising?
Successfully navigated the fundraising landscape, showcasing that strategic investment is crucial for scaling CPG operations from kitchen production to high-volume manufacturing.
What does this episode say about supply chain & operations?
Emphasized authentic brand storytelling and a compelling unique selling proposition (USP) to differentiate their product in a crowded market and drive customer acquisition.
What does this episode say about dtc strategy?
Developed robust operational strategies to manage the complexities of scaling food production, quality control, inventory, and logistics to meet surging demand.

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