
At 1Mby1M, we believe in learning from case studies of successful entrepreneurs. These case studies involve discussions on opportunities and challenges specific to the domain such as Generative AI, E-Commerce, Digital Health, Cyber Security, and FinTech.
>>>Suchit has bootstrapped a very interesting e-commerce platform company using services that today caters to the B2B e-commerce needs of backwater industrial customers. It’s a fascinating window in to a world we don’t hear much about.
Sramana Mitra: Let’s start with introducing our audience to Unilog. What do you do? What trends do you align with?
Suchit Bachalli: I’ll start by talking a little bit about the Unilog journey and how we’ve come to be where we are. I think it sets the stage for where we think we’re going. Unilog is a 16-year-old company. For the first 13 years of our life, we were a knowledge process outsourcing outfit out of Bangalore. >>>
Samy Liechti has built up a very nice subscription e-commerce business from Switzerland selling socks, underwear, and shorts. The company is 100% bootstrapped.
Sramana Mitra: Let’s start at the very beginning of your journey. Where are you from? Where were you born, raised, and in what kind of background?
Samy Liechti: I’m Swiss and grew up in Switzerland. I went to one of the finest European business schools. I studied Business and Economics in Switzerland, Paris, and Toronto. After graduating, I worked in marketing and communications before I opened up my own company. >>>
Miva caters to 20,000 e-commerce merchants and Rick Wilson discusses the trends he sees in their customer base, as well as the industry in general.
Sramana Mitra: Welcome to the Thought Leaders in E-Commerce Series. Tell us a bit about yourself as well as Miva Merchant. Tell us what you do and how did you get to where you’ve gotten to.
Rick Wilson: Thank you for having me. I’m the President of Miva Merchant. From the way most companies are structured, I take what we would normally consider as the CEO role. We’re an SMB e-commerce platform. In the scheme of the market, our customers are larger than what you might see on a Shopify or a Bicommerce revolution. >>>
The dynamics of e-commerce in China are very different from the US. Let’s dig in!
Sramana Mitra: Let’s start by introducing our audience to your company and yourself. Tell us what you do and your background. We’ll take it from there.
Mass customization has been the holy grail of fashion e-commerce for the longest time. Meet Kyle Vucko, CEO of Indochino, a men’s fashion company that has cracked the code.
Sramana Mitra: Let’s start at the beginning of your story. Where are you from? Where were you born, raised, and in what kind of circumstances?
Kyle Vucko: I grew up in Victoria. It’s a smaller town on the west coast of Canada. I ended up going to the University of Victoria where I met my good friend Heikal Gani, who is my co-founder. >>>
Excerpt from my new book, From eCommerce To Web 3.0.
In 1999, long before fashion on the Internet actually took off, I started a company called Uuma. It was a traditional venture-backed personalized fashion startup that received an acquisition offer from Ralph Lauren before the company was caught in the first dotcom crash.
I am going to articulate the vision behind Uuma, particularly because that vision still remains unrealized. I hope that some entrepreneur, somewhere, will execute on it.
As you know, I define Web 3.0 as a verticalized, personalized user experience. The web is still utterly fragmented. You have to go to different places to find information about the same context. I have long had the vision of a personalized Saks Fifth Avenue. I want my store — my personal store — that carries merchandise that applies to me; that suits my hair color, eye color, skin tone, body shape and personal style. I want it to stock my favorite designers and more like those. And I want to see articles and community discussions that are specific to my interests.
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We’re seeing a real trend of zero-logistics e-commerce businesses scaling phenomenally well. Read Azim’s experience!
Sramana Mitra: Let’s start with the beginning of your journey. Where are you from? Where were you born and raised? What kind of educational path did you follow?
Azim Makanojiya:I am from India. My parents shifted from a village to Mumbai city for better opportunities. That’s where I was born. My father came to the US around 1984. My mom was still back there in India. Within two years, we came to Houston and settled down here. I was about a year old then. >>>
Excerpt from my new book, From eCommerce To Web 3.0.
Most major retailers are latching on to the e-commerce trend but there is also a growing number of online men’s fashion upstarts like Combatant Gentlemen and JackThreads that are using social media channels to understand the consumer and sell effectively under their own retail brands.
Combatant Gentlemen’s strength lies in creating a brand that produces high quality clothing at an affordable cost and then effectively selling it to their target customer of young, aspiring professionals through Facebook. CEO Vishaal Melwani says, “One of the big reasons that we still, to this day, take away clients [from competitors like Men’s Warehouse] is because their messaging is incorrect. They don’t understand the pains and the trials and tribulations that our guy goes through on a daily basis.”
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E-Commerce is blossoming all over the world. In this story, we take a close look at what is happening in Africa, especially Nigeria.
Sramana Mitra: Let’s start with introducing our audience to yourself as well as Mall For Africa. Tell us about what you do and what’s happening in your world.
Chris Folayan: I’m the Founder and CEO of Mall for Africa. Mall for Africa is an online application both for PC and mobile that allows people in Africa to purchase items from US and UK sites. Most companies currently do not ship directly to any country in Africa, but Africa is a thriving continent and people there want to purchase items from the US and UK. Since many sites in the US and UK don’t do that, we’ve created a platform that, in essence, opens up true global e-commerce to the people of Africa. >>>
Adapted from my new book, From eCommerce To Web 3.0.
So far, we have only looked at American companies [Tableau, FireEye, RightNow, Palo Alto Networks, Kayak and SuccessFactors] in the Unicorn series.
There is a market of 500 million people – nearly 8.6% of the world’s population – that the business media all too often neglects, serving up story after story on China and India. Forgotten is all of Latin America.
Between 2000 and 2007, the number of Internet users in Latin America grew from 18.1 million to 122.4 million, a compounded annual growth rate of 32% compared with only 12% in North America during the same period. Average penetration across Latin America was approximately 21.5%, compared to 71.4% for the US. Even with such low penetration, Latin America’s Internet population represented close to 10% of the world’s Internet users.
Fast forward to 2014, numbers have exploded, touching 300 million. Analysts forecast 393 million users in 2017.
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