Sramana Mitra: This is a concept that is not new. We have seen this concept from a variety of different players. We’ve seen generic ones. We’ve seen specific ones in different categories where various jewelry makers, for instance, come together, in a market place. I’d like to hear from you on what trends you observe
Sramana Mitra: What volume of e-commerce does she do on this platform? Philip Rooke: Unfortunately, that’s confidential information but the top people with us are selling tens of thousands of items per year. Many of my top partners make profits in excess of $100,000 because essentially, they don’t have to do the work. We just
Philip runs Spreadshirt from Berlin, and discusses the trends in global e-commerce that he observes through his company. Sramana Mitra: Let’s start with introducing our audience to yourself as well as Spreadshirt. Philip Rooke: I took over being the CEO of Spreadshirt about five or six years ago. Spreadshirt is an e-commerce platform that allows
Sramana Mitra: At what point did you introduce alternate channels like eBay and Amazon? Katie Echeverry: I brought eBay into the mix in 2003. We were doing so well in 2006 to 2007 that I stopped, because I couldn’t manage two platforms. This was before there were a lot of connector tools that can keep
Sramana Mitra: Do you remember what your revenue level was in 2007? Katie Echeverry: About $100,000. Sramana Mitra: For the year? Katie Echeverry: Maybe a little bit more. We got our first space to accommodate the Internet business, but people were coming in off the street wanting to shop. We made a little showroom. Within six months,
Sramana Mitra: What happened in year one and year two? What kind of numbers did you do in year one and year two? Katie Echeverry: I think I did about $3,000 in my first year, and then $6,000 the next year. Every year, I doubled. Sramana Mitra: In year three, you still have your pharmaceutical job,
If you haven’t already, please study our free Bootstrapping course and the Investor Introductions page. Katie had a pharmaceutical sales job that she used to bootstrap with a paycheck for 5 years, before quitting to go full-time with her business, Unique Vintage. More stories like this can be found in my Bootstrapping With A Paycheck book.
Sramana Mitra: Talk to me a bit about where your revenues are today. We are getting to the end of 2015. What number are you going to close at this year? Steve Acree: In 2012, Amazon approached us. They wanted to purchase directly from us. That has beefed up the revenue this year. Last year,