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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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Wedding registry ecommerce startup Zola offers couples more choice and more personalization

Every now and then, the sea­soned ecom­merce man­ag­er comes across a start­up idea that makes them say, “I wish I’d thought of that.” And Zola, the new e‑commerce wed­ding reg­istry based in New York and launched this month, is an idea that falls into just that cat­e­go­ry. Found­ed joint­ly by vet­er­an entre­pre­neur Kevin Ryan (who also co-found­ed Busi­nessIn­sid­er, 10gen and Gilt Groupe), Nobu Nak­aguchi and Shan-Lyn Ma, Zola offers cou­ples who are engaged to be mar­ried a broad range of items from dif­fer­ent retail­ers and brands. If you’re an ecom­merce man­ag­er and you’re think­ing, “So, what?”, think on: most cou­ples want­i­ng to build a wed­ding reg­istry use a sin­gle retailer’s web­site, which means they’re lim­it­ed to the items sold by that retail­er. Mul­ti­ple options, sin­gle check­out  Instead, Zola has built direct rela­tion­ships with a raft of oth­er brands and retail­ers to mul­ti­ply the choic­es avail­able. And it also lets cou­ples reg­is­ter for non-tra­di­­tion­al gifts, like expe­ri­ences (e.g., farmer’s mar­ket deliv­ery ser­vices or pri­vate chef din­ners) and for cash funds – all via one online check­out. Shan-Lyn Ma, now Zola’s CEO, said: “We built this with today’s cou­ples in mind. There are a lot of offline behav­iors that aren’t being solved…

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INTERVIEW: Seeing Clearly in an $18 Billion Market Puts Coastal in the Lead

Seeing Clearly in an $18 Billion Market Puts Coastal in the Lead

At Mediajobs.com we pride our­selves in mak­ing your job search eas­i­er by find­ing the great com­pa­nies first and we are excit­ed about this inter­view with Roger Hardy, founder and CEO of Coastal.com, the first com­pa­ny to sell pre­scrip­tion eye­wear online. As a $200 mil­lion dol­lar pub­lic com­pa­ny, with over 10 years expe­ri­ence, in an $18 bil­lion plus mar­ket, Coastal is well posi­tioned for sig­nif­i­cant growth.  Accord­ing to the Nation­al Eye Insti­tute, 64% of peo­ple wear glass­es in the US which rep­re­sents over 200 mil­lion peo­ple. Lis­ten as Roger explains why the Wal-Mart, Cost­co, Pearl Visions and more will become far less dom­i­nant in this huge mar­ket. You can lis­ten to or read the inter­view below:         Roy:   My name is Roy Weiss­man from MediaJobs.com. Today we’re speak­ing with Roger Hardy, the founder and CEO of Van­­cou­ver-based Coastal.com. Coastal is the leader in dis­rupt­ing the estab­lished eye work plateau, which blows away the pack with out­stand­ing ser­vice. “A bet­ter way to buy for per­fect vision.” Wel­come Roger, how are you today? Roger:     Doing great, thank you Roy. Roy:   I appre­ci­ate you tak­ing the time to talk about Coastal.com. It’s inter­est­ing because we’ve all heard about,  I live in New…

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New York ecommerce startup Birchbox is literally heading for the clouds

Man­hat­tan start­up Birch­box has proven in its first two years of exis­tence that a sub­­scrip­­tion-based e‑commerce mod­el can real­ly work. And now, inno­­va­­tion-seek­ing e‑commerce ana­lysts will be inter­est­ed to hear, it’s tak­ing to the clouds. Lit­er­al­ly. Sub­scrip­tion to beau­ty dis­cov­ery  The idea behind the com­pa­ny came from two Har­vard Busi­ness School class­mates, co-founders Katie Beauchamp and Hay­ley Bar­na, who launched Birch­box in 2011 and are now also its co-CEOs. Basi­cal­ly, for a month­ly fee of $10, the start­up sup­plies women with an attrac­­tive­­ly-designed pink box filled with sam­­ple-sized acces­sories and cos­met­ics. Just so that men don’t miss out, there’s a sub­scrip­tion ser­vice for them too, although their box of sam­ples doesn’t come in pink. But it does con­tain man­ly prod­ucts like hair pomades, trav­el-sized bot­tles of plant face oil and eye creams. As Ms. Beauchamp explains: “The way it works is you sign up give us your pro­file infor­ma­tion like who you are what you look like what your pref­er­ences are and then you receive a sur­prise box of sam­ples once a month. It’s tai­lored for you and then we send you info to learn how to use prod­ucts and when you find some­thing you love—you can buy it at…

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Big boost for Ministry of Supply, the ecommerce startup that uses NASA technology in shirts

Now here’s an intrigu­ing ques­tion to test the mar­ket savvi­ness of the enter­pris­ing ecom­merce ana­lyst: what does men’s busi­ness attire share in com­mon with NASA space­suits? Most peo­ple would be hard-pressed to come up with an answer. How­ev­er, Boston-based start­up Min­istry of Sup­ply is aim­ing to ensure that its moniker comes to the lips of every ecom­merce ana­lyst or con­sumer who gets asked that ques­tion. The NASA-inspired busi­ness shirt  Found­ed in 2010 by two engi­neer­ing grad­u­ates from MIT, Min­istry of Sup­ply aims to build a new type of menswear that has the com­fort and func­tion­al­i­ty of work­out gear, but looks per­fect­ly at home in the board­room. To that end, it’s adapt­ed tech­nol­o­gy used in the design of NASA’s space­suits to ensure its dress shirts not only don’t wrin­kle, but con­trol odor and per­spi­ra­tion, too, while retain­ing a sar­to­ri­al­ly dap­per appear­ance. Most ecom­merce ana­lysts will be aware that fledg­lings in this sec­tor often face a strug­gle to find investors. Orig­i­nal­ly rebuffed by ven­ture cap­i­tal­ists who want­ed more proof of con­cept, the intre­pid co-founders of Min­istry of Sup­ply approached Kick­starter, and that’s when things start­ed to take off. They bagged $400,000 more than they were intend­ing to raise — and that was…

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