Secret Academy Episode - Jon CrawfordAbout:
Jon Crawford launched Storenvy with a friend who was into sales in the music industry. Today, Storenvy is an e-commerce platform which consists of an online store builder and social marketplace, with over 65,000 merchants and millions of products listed. Since launching the Marketplace in December 2012, there have been over $23 million in sales of products ranging from handmade goods to men’s and women’s apparel, jewelry, art, music, and home decor.
Lesson's in Today's Interview:
- How the Storenvy market works
- Why have an exit strategy
- Achievements and failures in the first year of business
- Obstacles in ecommerce
- How a small company can compete with the big platforms
- Managing customer expectations
- Dealing with fraudulent transaction
- The most effective growth for the revenue mode
- Raising funds for venture capitals
- Leveraging capital
- Fees in ecommerce marketplace
- Keys to success in building revenue
- The difference between running a company and letting it run you
- Work in the most successful startup before starting one yourself
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