Storenvy

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Storenvy
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Type of businessPrivately held
Founded2010
Headquarters,
United States
OwnerMoreCommerce, Inc.
[[Organizational founder|FounderTemplate:Pluralize from text]]Jonathan Crawford
Industrye-Commerce
URLwww.storenvy.com
Written inRuby on Rails

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Storenvy is an e-commerce platform. It is an online store builder, combined with a social marketplace. Storenvy launched in 2012. At present, there are 90,000 merchants available[1] that list a variety of products at Storenvy.

Services

Custom stores

Storenvy first launched as an online store builder in 2010. The platform allows store owners, makers, and artists to open an online store for free and customize it.

Storenvy marketplace

When merchants open a store on Storenvy, their products are also featured on the Storenvy marketplace, combining the aspects of a store builder and a marketplace.[2]

Pricing

Storenvy generates revenue through both subscription revenue and on commission fees from sales. This revenue directly funnels the marketing services the company provides to drive additional traffic to store owners.

History

Storenvy was launched in 2010. It was purchased in 2016 by The Opensky Project [1], and was later sold with other business assets to MoreCommerce Inc., an Alibaba Group subsidiary.

References

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  1. ^ Page Module:Citation/CS1/styles.css has no content.Angulo, Natalia (January 13, 2014). "Storenvy to Charge for Marketplace Sales in 2014". Fox Business. Retrieved 27 May 2014.
  2. ^ Page Module:Citation/CS1/styles.css has no content.Carney, Michael (August 7, 2013). "Storenvy's store-builder and marketplace hybrid means that creators can focus on their products, not marketing". Pando Daily. Archived from the original on 20 May 2014. Retrieved 27 May 2014.