Transcript

Shopify's 4th Build-a-Business Competition

SHOPIFY AND THE HUFFINGTON POST PRESENT BUILD A BUSINESS RESULTS AND WINNERS OF THE FOURTH COMMERCE COMPETITION A visual overview of the eight-month commerce competition run by Shopify, which helped bring over twenty-thousand businesses to life. 21k $120M 1.8M Competitors Worth of Sales Orders ↑ 93% vs 2012 ↑ 118% ↑ 62% SALES BY CATEGORY Health & Beauty 5.3% Fashion & Apparel 42.6% Electronics & Gadgets Canada Music Sports & Recreation 8.2% 16.9% 4.2% 1% Everything Else 10.5% Food & Beverage 4.6% Photography & Art 2.3% Jewellery & Crafts 4.4% COMPETITION GROWTH AVERAGE ORDER VALUE JEWELLERY & CRAFTS HAD THE LOWEST AT 2013 $120M $39.98 2012 $55M ELECTRONICS & GADGETS 2011 HAD THE HIGHEST AT 2010 $12M $3.5M $100.92 SALES BY SHOPS FROM ELIGIBLE COUNTRIES +l CANADA Sales $5M Orders 64K Avg Order $78.28 Sales $11M Orders 196k Avg Order $55.84 USA Sales $91M Orders 1.38M Avg Order $66.10 Longest Distance Travelled by a Single Order 19,966km A AUSTRALIA Sales $11M Orders 178K Avg Order $62.00 Total Distance of all Orders 4.2B km (105,682 times around the world) ↑ 2.7B km A NZ $896k ORDERS FROM IN-STORE, ON-THE-GO, AND VIA PAYMENTS 52k 5.2k 600k Shopify Point of Sale Shopify Mobile Shopify Payments $2.7M $501k $45.5M AND THE WINNERS ARE... (WINNERS ARE DEFINED BY SHOPS WITH THE HIGHEST SALES OVER ANY TWO-MONTH PERIOD) Canada Polar Pen A KICKSTARTER CAMPAIGN WITH HOPES OF RAISING $14K TO CREATE 2,000 MAGNETIZED PENS. IN THE END, POLAR PEN RAISED $4O0K FOR 20K PENS, AND IS NOW SOLD IN 90 COUNTRIES AROUND THE WORLD. Andrew Gardner Canadian Mentor: Amber Mac Industrial Designer Entrepreneur, Host of CTV's AppCentral Fashion & Apparel Bolder Band AMY FOUND THAT HER ATHLETIC HEADBAND WAS ALWAYS FLYING OFF WHILE SHE WORKED OUT, AND DECIDED TO CREATE A PRODUCT THAT SOLVED HER PROBLEM. AMY AND HER HUSBAND JD NOW WORK FULL-TIME AT BOLDER BAND. Fashion & Apparel Mentor: Daymond John Founder of FUBU, Investor on ABC's Shark Tank Amy Crouse Stay-at-home Mom Photography & Art Tatsup COM AVERUBLA k COLOR COMPANY KEVIN MACK SOLD HIS TATTOO PARLOUR TO RUN TATSUP AND ITS FOUR EMPLOYEES LARK BLAC FULL-TIME. HE'S LOOKING TO EXPAND INTO NEW ZEALAND NEXT YEAR. Photography & Art Mentor: Chase Jarvis Award Winning Photographer & Director Kevin Mack Previously a Tattoo Parlour Owner Jewellery & Crafts MVMT Watches JAKE KASSAN AND KRAMER LAPLANTE LAUNCHED AN INDIEGOGO CAMPAIGN WITH THE GOAL OF RAISING $15K. BY THE END OF THEIR 50-DAY CAMPAIGN, THEY'D EARNED OVER $220K FROM PRE-ORDER CUSTOMERS. Jake & Kramer Jewellery & Crafts Mentor: Tina Roth Eisenberg Graphic Designer, Founder of "Tattly" College Entrepreneurs Sports & Recreation WOD Life ANDY LEE AND BEN DINEEN MIGHT NOT HAVE EVEN ENTERED THE BUILD-A-BUSINESS COMPETITION HAD IT NOT BEEN FOR THE SHOPIFY EXPERT THEY WORKED WITH - JASON BOWMAN OF FREAK DESIGN - THAT SENT THEM THE LINK TO ENTER. Andy & Ben Quit jobs to do WOD full time Sports & Recreation Mentor: Mark Cuban Entrepreneur, Owner of Dallas Mavericks Food & Beverage Orchard Flats ORCHARD FLATS, A COLD-PRESSED JUICE COMPANY, IS THE ONLY WINNER WITHOUT AN ONLINE STORE - THEY MADE ALL THEIR SALES USING SHOPIFY POINT-OF-SALE IN THEIR PHYSICAL STORES. Food & Beverage Mentor: Gary Vaynerchuk Host of Wine Library TV & The Daily Grape Curtis & Evan Restaurant Owner & Operator Health & Beauty EZ Lite Cruiser MACIEJ SZKODZINSKI AND HIS BUSINESS PARTNER WANTED AN EXISTING PRODUCT THEY COULD REBRAND AS THEIR OWN. THE EZ LITE CRUISER - A LIGHTWEIGHT, LOW COST, FOLDABLE MOTORIZED WHEELCHAIR - WAS THEIR SOLUTION. Maciej Szkodzinski Computer Engineer Health & Beauty Mentor: Selita Ebanks Model & Social Marketer Music OI Defoult Output Sounds LAYER 1 GREGG LERHMAN'S PRODUCT - WHICH PLAYS VIRTUAL INSTRUMENTS IN REVERSE, IN REAL-TIME - HAS BEEN USED BY CELEBRITIES AND FEATURED ON TV SERIES SUCH AS HOUSE OF CARDS. REV by output eyer 1 layer 2 Gregg Lehrman Composer Music Mentor: Lil Jon Rapper, Producer, DJ Electronics & Gadgets Zoom Hash MICHAEL CAO SAW AN OPPORTUNITY WITH THE RISE OF ALTERNATIVE CURRENCIES SUCH AS BITCOIN, HE LAUNCHED ZOOM HASH TO SELL CRYPTOMINING HARDWARE AND HAS GROWN HIS BUSINESS TO THREE EMPLOYEES IN THE U.S. AND 10 GLOBALLY. Michael Cao Biz-Dev Manager Electronics & Gadgets Mentor: Tim Ferriss Author of "The 4 Hour Workweek," Angel Investor Everything Else Drones Etc. SHAWN ROWLAND AND JONATHAN BAIRD HAVE BEEN FRIENDS SINCE HIGH-SCHOOL, AND HAD THREE FAILED BUSINESS ATTEMPTS BEFORE ENTERING THE COMPETITION. TURNS OUT, FOURTH TIME'S THE CHARM. Everything Else Mentor: Arianna Huffington Author, Founder of Huffington Post Media Group Shawn & Jonathan Entreprenurs WINNING PARTNERS FreakDesign - for work on WOD Life AM Pixel Supply & Above Market - for work on MVMT Watches REVO Revo Designs - for work on Orchard Flats EACH WINNING PARTNER RECEIVES $1OK IN APPLE GIFT CARDS. WHEN MORE THAN ONE PARTNER WORKS ON A SHOP, THEY SPLIT THE WINNINGS. EACH CATEGORY WINNER RECEIVES $50,000 CASH + VIP TRIP TO NYC + SHOPIFY POS & IPAD CANADIAN WINNER RECEIVES $10K IN APPLE GIFT CARDS + VIP TRIP + SHOPIFY POS AND IPAD THE PayPal Google facebook HUFFINGTON POST .co S shopify.com/build-a-business design by @warren

Shopify's 4th Build-a-Business Competition

shared by warren on Jul 09
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Today we’re excited to announce the winners of Shopify’s fourth annual Build-A-Business Competition. During the eight month competition, more than 21,000 entrepreneurs created new businesses th...

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