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Lana Hopkins, 33, recently opened up about how her accessories label, Mon Purse , turned over AUD $1 million in just three months. And while she admitted that 'five years ago, this wouldn't have happened' for a start-up, the CEO also had many fascinating take home business tips. The CEO of Mon Purse, Lana Hopkins (pictured), recently revealed how she grew Mon Purse and made $1 million in just three months The 33-year-old CEO (pictured) explained that 'five years ago, this wouldn't have happened' She also shared her tips for growing a business According to Ms Hopkins, one of the core pillars of the Mon Purse philosophy is that what you see is what you get (pictured: Mon Purse accessories) According to Ms Hopkins - whose idea for Mon Purse famously came about when she was in a build-a-bear workshop - one of the core pillars of the Mon Purse philosophy is that what you see is what you get: * Focus on the data - understand what it is the customer wants. * Think about the X factor and giving your product something which no one else has. 'You know sometimes when you buy a bag online and the colour is red and then it arrives and you go, hang on a minute, that's not the red I thought I was getting… Those days are over. Nobody else is doing this,' the 33-year-old told whimn.com.au . Ms Hopkins also explained that one of the reasons for Mon Purse's success is that they focus on the data, as an absolute paramount: 'We are a data driven business,' Ms Hopkins said. 'We don't have fashion buyers, we have data scientists who work very, very hard at understanding what it is that the customer wants.' 'You know sometimes when you buy a bag online and the colour is red and then it arrives and you go, hang on a minute, that's not the red I thought I was getting¿ Those days are over. Nobody else is doing this,' Ms Hopkins (pictured) said 'You know sometimes when you buy a bag online and the colour is red and then it arrives and you go, hang on a minute, that's not the red I thought I was getting¿ Those days are over. Nobody else is doing this,' Ms Hopkins (pictured) said Ms Hopkins also explained that one of their reasons for Mon Purse's success is that they focus on the data - she said they have 'data scientists' who focus on what the customer wants Elsewhere, Ms Hopkins recommended focusing on both the quality and the quantity of the product you are trying to put out to market (pictured: Mon Purse accessories) Elsewhere, Ms Hopkins recommended focusing on both the quality and the quantity of the product you are trying to put out to market.
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