ImagÂine you’re an ecomÂmerce manÂagÂer by day but a pokÂer whizz-kid by night; the chances are that if you won an event at the World Series of PokÂer, flowÂers wouldn’t be the first thing on your mind. But they were on pokÂer afiÂcionaÂdo David Daneshgar’s mind when he won a WSP even in 2008. Maybe our dayÂdreamÂing e‑commerce manÂagÂer might wish to think again: DaneshÂgar and his two budÂdies, FarÂbod ShoraÂka and Gregg WeisÂstein, used the $27,000 winÂnings to launch a new online florist marketplace.
A blosÂsomÂing marÂketÂplace
Born in 2011, BloomÂNaÂtion is on course to grow into the Etsy of the flower indusÂtry and is embarkÂing this month on an ambiÂtious new expanÂsion. New York City is amongst the new locaÂtions the LA-based comÂpaÂny is recruitÂing local artiÂsan florists, while othÂers include WashÂingÂton, D.C., Boston and PhiladelÂphia (it’s already had sucÂcessÂful launchÂes in Las Vegas and Chicago).
PerÂspicÂuÂous e‑commerce anaÂlysts will be aware that local artiÂsans have enerÂgized online food and craft marÂkets recentÂly. DaneshÂgar, ShoraÂka and WeisÂstein (who met at colÂlege) are tapÂping their talÂents for the flower-sendÂing marÂket. And they’re sucÂceedÂing: BloomÂNaÂtion won the UniÂverÂsiÂty of ChicaÂgo School of BusiÂness’ New VenÂture ChalÂlenge in 2012 and it raised $1.65 milÂlion in venÂture capÂiÂtal last fall in a round led by Andreessen Horowitz.
The marÂketÂplace now delivÂers to 3,000 cities and hosts 2,500 florists – and countÂing, with the new expanÂsion iniÂtiaÂtive. It broke the $1 milÂlion barÂriÂer in sales earÂliÂer this year and has been growÂing at a rate of 20 to 30 perÂcent every month.
TapÂping artiÂsan talÂent and keepÂing it happy
When the trio of founders began introÂducÂing their idea to local florists in 2011, they found an unhapÂpy bunch of peoÂple payÂing painful memÂberÂship fees to venÂdor netÂworks of nationÂal wire serÂvices, which took cuts as high as 50 perÂcent from each order. And they didn’t like havÂing their natÂurÂal creÂativÂiÂty rigidÂly subÂorÂdiÂnatÂed to proÂducÂing stock catÂaÂlogue bouquets.
BloomNation’s alterÂnaÂtive? ArtiÂsans have the freeÂdom to proÂduce what they love proÂducÂing and they can adverÂtise and sell their hand-craftÂed creÂations – with their own perÂsonÂal online storeÂfront on the easy-to-use platÂform. And they don’t get walÂloped with memÂberÂship fees and stingÂing venÂdor charges: BloomÂNaÂtion takes just 10 perÂcent from each sale. ParÂticÂiÂpatÂing ArtiÂsans love it.
This startÂup is going places. Literally.