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INTERVIEW: $100 Billion Market, 30% Growth Per Year, Nets Over $10 Million in Sales in Less than Two Years

$100 Billion Market, 30% Growth Per Year, Nets Over $10 Million in Sales in Less than Two Years

How many unused gift cards to you have right now?  The next time might be soon­er than you think.   In a mar­ket where play­ers are dis­ap­pear­ing reg­u­lar­ly George Bousis has built a sub­stan­tial defen­si­ble busi­ness in the resale of gift cards. How do you cre­ate a bar­ri­er to entry in the gift card resale busi­ness?    In this inter­view George tells Roy exact­ly how he has cre­at­ed a tech­nol­o­gy bar­ri­er that is far supe­ri­or to any­thing ever done before in this space.  The busi­ness is grow­ing so fast that he is hir­ing 3 or 4 new peo­ple every week.  Based out of Chica­go, Illi­nois, Raise.com is a com­pa­ny to watch. You can lis­ten to or read the inter­view below:       Roy:    My name is Roy Weiss­man from MediaJobs.com. Today, we’re speak­ing with George Bousis, who’s the founder and CEO of Raise.com. Six­­ty-three mil­lion in gift cards go unre­deemed every day. Raise is an online mar­ket­place where users can sell unwant­ed gift cards to each oth­er, turn­ing waste into real val­ue. Hel­lo George, how are you doing today? George: Doing well, Roy. Thank you for hav­ing me. Roy:  George, we appre­ci­ate your spend­ing the time. How did you get into this busi­ness?…

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Putting the Person into Personalized Shopping: Introducing New York Fashion Startup Keaton Row

Ever fan­cied your­self as a fash­ion-savvy per­son­al shop­per? If so, you might earn a good side income by becom­ing a per­son­al shop­per for Keaton Row, the New York fash­ion e‑commerce start­up that’s just raised an addi­tion­al $1.6 mil­lion in its sec­ond round of seed fund­ing. Even a hard-boiled e‑commerce ana­lyst might have an inner fash­ion­ista. E‑commerce ana­lysts, release your inner styl­ist! But to stay with the e‑commerce ana­lyst side of your­self for a moment longer, what’s spe­cial about Keaton Row? The clue’s in the per­son­al shop­per bit: the start­up offers gen­uine­ly per­son­al­ized shop­ping to its cus­tomers. Unlike much of the com­pe­ti­tion, it doesn’t rely on algo­­rithm-based style quizzes or click­throughs; it has an expand­ing team of per­son­al shop­pers who offer human judg­ment, artis­tic flair and high-qual­i­­ty cus­tomer ser­vice to cus­tomers. And they get paid for their efforts. 60 to 70 per cent of those apply­ing to become a com­mis­­sion-paid Keaton Row styl­ist get accept­ed. Co-founder and co-CEO Cheryl Hand describes it like this: “The Keaton Row cus­tomer is a pro­fes­sion­al­ly ori­ent­ed woman. She has mon­ey to spend, but doesn’t have time. She isn’t an active read­er of Vogue or The Cov­eteur, so she wants it to be curat­ed and con­ve­nient.…

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INTERVIEW: 12 Guys and 78 Emails Lead Travefy.com to $31 Billion Group Travel Market

12 Guys and 78 Emails Lead Travefy.com to $31 Billion Group Travel Market

Esti­mates of the size of the group trav­el mar­ket range from $31 to $87 Bil­lion and between fam­i­lies, col­lege stu­dents, wed­ding and events there is no short­age of groups desir­ing to trav­el togeth­er.  David Chait saw an oppor­tu­ni­ty when he and his friends had dif­fi­cul­ty coor­di­nat­ing a trip and after a suc­cess­ful 200 per­son MVP (most viable prod­uct) test are now see­ing 2% to 3% con­ver­sions of vis­i­tors to cus­tomers using their group trav­el book­ing engine at Travefy.com.     We had the oppor­tu­ni­ty to inter­view David recent­ly about his new busi­ness and how his gov­ern­ment job expe­ri­ence beat out work at McK­in­sey towards pro­vid­ing the knowl­edge to start this busi­ness. You can lis­ten to David’s Inter­view here and read it below: Roy:   This is Roy Weiss­man from MediaJobs.com. We’re talk­ing with David Chait at Trave­fy, a new start­up that solves the coor­di­na­tion headaches of group trav­el, find your best trip, col­lab­o­rate on details, book trav­el, and soon, to man­age expens­es. David, I appre­ci­ate you tak­ing the time to talk with us today and learn more about Trave­fy. When did you start this ser­vice, and give us a sense, in your words, of what Trave­fy, where it fits into the…

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Startup fashion eyewear e‑commerce platform Eponym scoops $1 million in seed funding

Startup-fashion-eyewear-ecommerce-platform-eponym-scoops-1-million-dollars-in-seed-funding

Here’s a ques­tion which might exer­cise the grey mat­ter of the aver­age e‑commerce man­ag­er and e‑commerce ana­lyst: what’s best — to focus or broad­en? Let’s be a bit clear­er. In the mas­sive fash­ion and retail e‑commerce space, does it pay to focus on your own exclu­sive brand and build a com­mu­ni­ty around it, or is it wis­er to “think broad”? War­by Park­er, the start­up fash­ion eye­wear e‑retailer def­i­nite­ly belongs to the for­mer camp, pro­vid­ing cut-price, high fash­ion alter­na­tives to eye-water­ing­­ly pricey design­er frames under its own moniker. How a broad approach can work But then there’s Eponym, which is also tar­get­ing con­sumers who want design­er eye­wear but is tak­ing a rad­i­cal­ly dif­fer­ent tack to War­by. Where War­by by focus­es like a laser on its own brand, Eponym exists to serve oth­er brands. Any e‑commerce man­ag­er read­ing this is like­ly to be ask­ing “how?” at this stage. Andrew Lipovsky, epoynm’s founder, offers a soft­ware plat­form (as-a-ser­vice) to han­dle an end-to-end process for design­ers want­i­ng to launch their own unique lines, tar­get­ing the mid­dle range con­sumer. The team at Eponym begins work­ing with brands at the out­set, liais­ing close­ly with their design teams. Once the plans have been whipped into place, Eponym…

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