Scoutmob

Last updated
Scoutmob
Founded2010;14 years ago (2010)
Founders
  • David Payne
  • Michael Tavani
Headquarters,
United States
BrandsShoppe
RevenueUS$5 million (2013)

Scoutmob was an Atlanta-based startup company whose primary service was an ecommerce website focused on offering unique goods from independent makers. [1]

Contents

History

Local deals

Scoutmob was founded in 2010 by David Payne and Michael Tavani as an offshoot of another Atlanta-based company that provided customized wifi accounts to local businesses. [2] The company started providing the local deals portion of their business in Atlanta and quickly expanded to other cities in the United States. [3] In April 2011, it was announced that the company raised $1.5 million in financing. The funding was led by New Atlantic Ventures and it and the company planned to use it to expand to more cities and hire more individuals. Prior to this investment from New Atlantic Ventures, the company had received funding for various angel investors in the Atlanta area. [4] The site has been described as a mix between other coupon websites like Groupon and Living Social, but also combining location-based dynamics like FourSquare. [4]

Emergence of Shoppe

In 2012, the company launched Shoppe by Scoutmob, "an ecommerce marketplace showcasing locally-made goods and the creators behind them." [5] The site offers curated content from independent makers, whose products range from clothing and accessories to home goods and food. In 2013, the company reported revenues of US$5 million with most of that being generated by their Shoppe business. [6] Prompted by Shoppe's growth, Scoutmob shifted its primary focus towards the ecommerce site in 2014. [7] During the transition, the company was forced to "trim its workforce, as the company pivots from commoditized daily deals to artsy e-commerce". [7] After the success of Shoppe, Scoutmob's local deals portion scaled back, but continues to provide coupons and curated experiences to users in the Atlanta area under the name Scoutmob Atlanta. [1]

Business model

Scoutmob differentiates itself from sites like Living Social, a deal-of-the-day website that features discounted gift certificates usable at local or national companies and Groupon, a deal-of-the-day website that features discounted gift certificates usable at local or national companies, by providing users deals on their mobile phone and by being instantly redeemable. [8] Deals are presented daily and have a "limited time discount". After choosing the deal, users have the option to have a notification be sent to their email or to have it be directly sent to their mobile phone. Smartphone owners can also redeem the deals on the Scoutmob app. The user can redeem it at their convenience. Although deals move quickly, once claimed, users can take their time to use it. [4]

Maker movement

Scoutmob’s emphasis on “celebrating the independent makers by seeking out their inspired goods and crafted experiences" [9] places the company at the forefront of the maker movement in the 2010s [10] and Maker culture.

Notable partnerships

In 2015, Scoutmob launched a new marketplace on Handmade by Amazon, "a new store on Amazon.com for invited artisans to sell their unique, handcrafted goods to our hundreds of millions of customers worldwide" [11] Many of the goods sold on Scoutmob's own website are now also available on their Amazon site as well. As of 5 August 2015, the marketplace hosts 357 products. [12]

Related Research Articles

<span class="mw-page-title-main">Amazon (company)</span> American multinational technology company

Amazon.com, Inc., doing business as Amazon, is an American multinational technology company engaged in e-commerce, cloud computing, online advertising, digital streaming, and artificial intelligence. It is considered one of the Big Five American technology companies, the other four being Alphabet, Apple, Meta, and Microsoft.

<span class="mw-page-title-main">Coupon</span> Document, paper or electronic, to provide a discount on goods or services

In marketing, a coupon is a ticket or document that can be redeemed for a financial discount or rebate when purchasing a product.

Charles Brewer is an American entrepreneur.

<span class="mw-page-title-main">Etsy</span> E-commerce website focused on handmade or vintage items

Etsy, Inc. is an American e-commerce company with an emphasis on the selling of handmade or vintage items and craft supplies. These items fall under a wide range of categories, including jewelry, bags, clothing, home decor, religious items, furniture, toys, art, as well as craft supplies and tools. Items described as vintage must be at least 20 years old. The site follows in the tradition of open craft fairs, giving sellers personal storefronts where they list their goods for a fee of US$0.20 per item. Beginning in 2013, Etsy allowed sellers to sell mass-manufactured items.

Group buying, also known as collective buying, offers products and services at significantly reduced prices on the condition that a minimum number of buyers would make the purchase. Origins of group buying can be traced to China, where it is known as Tuán Gòu, or team buying.

Deal-of-the-day is an ecommerce business model in which a website offers a single product for sale for a period of 24 to 36 hours. Potential customers register as members of the deal-a-day websites and receive online offers and invitations by email or social networks.

An online shopping directory is a "Yellow Pages-Style" web directory that specializes in ecommerce sites. Inspired by the organizational structure used in traditional shopping mall directories, online shopping directories organize ecommerce sites by their category and subcategory of goods sold. Without the constraints related to shopping at a physical mall, an online shopping directory serves to aggregate all ecommerce sites in one centralized location in order to help a user decide where to shop online.

<span class="mw-page-title-main">Groupon</span> American worldwide e-commerce marketplace

Groupon, Inc. is an American global e-commerce marketplace connecting subscribers with local merchants by offering activities, travel, goods and services in 13 countries. Based in Chicago, Groupon was launched there in November 2008, launching soon after in Boston, New York City and Toronto. By October 2010, Groupon was available in 150 cities in North America and 100 cities in Europe, Asia and South America, and had 35 million registered users. By the end of March 2015, Groupon served more than 500 cities worldwide, nearly 48.1 million active customers and featured more than 425,000 active deals globally in 48 countries.

<span class="mw-page-title-main">8coupons</span> Mobile coupon website

8coupons is a New York-based deal aggregator website that distributes deal updates and digital coupons to consumers based on weekly deals, customized online feeds, or the user's current location.

<span class="mw-page-title-main">LivingSocial</span> Company purchased by Groupon

LivingSocial is an online marketplace that allows its registered users to buy and share things to do in their city. Formerly headquartered in Washington, D.C., LivingSocial had roughly 70 million members around the world in 2013. The company shrank from a peak of 4,500 employees in 2011 to about 200 in 2016. LivingSocial was purchased by Groupon in 2016.

Flipkart Private Limited is an Indian e-commerce company, headquartered in Bangalore, and incorporated in Singapore as a private limited company. The company initially focused on online book sales before expanding into other product categories such as consumer electronics, fashion, home essentials, groceries, and lifestyle products.

OfficeArrow is a business-to-business social media platform that is localized to the United States, providing a deal-of-the-day product, discount purchasing club, professionally sourced educational content, community discussion forums, and social functionality targeted towards entrepreneurs, small business executives, and other professionals.

India has an Internet user base of about 690.0 million as of November 2023, about 40% of the population. Despite being the second-largest user base in world, only behind China, the penetration of e-commerce is low compared to markets like the United States, or France, but is growing, adding around 6 million new entrants every month. The industry consensus is that growth is at an inflection point.

<span class="mw-page-title-main">Google Offers</span> Discount service provided by Google

Google Offers was a service offering discounts and coupons. Initially, it was a deal-of-the-day website similar to Groupon, but it later changed focus. Rather than a small number of prepaid offers, it instead offered many smaller discounts. It is additionally integrated with both Google Maps and Google Wallet for mobile offers. In 2014, Google announced it would be shutting the service down.

LevelUp is an American mobile ordering and mobile payments platform created by Boston, Massachusetts–based start-up SCVNGR. On July 25, 2018, it was announced that LevelUp would be acquired for US$390 million by Grubhub, an online food delivery platform.

<span class="mw-page-title-main">Michele Romanow</span> Canadian entrepreneur and television personality

Michele Romanow is a Canadian tech entrepreneur, television personality, board director and venture capitalist. She co-founded Clearbanc, a Toronto based provider of revenue sharing solutions to fund new online businesses, and other e-businesses, and made the list of 100 Most Powerful Women in Canada in 2015. She was named as one of the Forbes Top 20 Most Disruptive "Millennials on a Mission" in 2013 and Canadian Innovation Awards’ Angel Investor of the Year in 2018. Romanow joined the cast of CBC’s Dragons' Den in Season 10.

SK Planet Co., Ltd., a subsidiary of SK Telecom, was established in 2011. It is an internet platform development company located in Pangyo, South Korea’s Silicon Valley, with operations in eight countries. SK Planet was spun off from SK Telecom to focus on online services and has since evolved to concentrate on three core business areas: e-Commerce, Online-to-Offline services, and digital marketing.

EMERGE Commerce Ltd. is a North American acquirer and operator of niche e-commerce brands with 2M members founded by Ghassan Halazon which operates eight brands. The Company operates various marketplaces and subscription services across wide-ranging categories such as pets products, meat & groceries, golf, and other experiences. The Company is headquartered in Toronto, Canada.

<span class="mw-page-title-main">Switchyards Building</span> Building in Georgia, United States

The Switchyards Building is a historic building in Atlanta, Georgia, United States. Located in Downtown Atlanta, the building was constructed in 1928 and currently houses a members-only coworking space.

References

  1. 1 2 "WHAT MAKES LIFE MORE AWESOME?" . Retrieved 25 April 2017.
  2. Dusen, Christine Van (1 August 2011). "Mob Rule". Atlanta Magazine. Retrieved 17 October 2021.
  3. "Scoutmob tries to outdeal Groupon". Reuters. Archived from the original on 2011-04-16.
  4. 1 2 3 Lee Harris, Rachel (6 January 2011). "Weekend Miser". New York Times. Retrieved 30 November 2011.
  5. ONeal, Lindsay (31 July 2012). "Scoutmob Launches Local Handmade Marketplace 'Shoppe'". Techli. Retrieved 5 August 2015.
  6. Karkaria, Urvaksh (March 24, 2014). "Scoutmob co-founder Michael Tavani exits as startup reinvents itself". Atlanta Business Chronicle. The Business Journals. Retrieved 17 October 2021.
  7. 1 2 "Scoutmob cuts workforce amid business pivot". Atlanta Business Chronicle. Retrieved 5 August 2015.
  8. Frommer, Dan. "Scoutmob, A Mobile Local Deals Service, Launches In 10 New Cities And Raises $1.5 Million". Business Insider. Archived from the original on April 25, 2012. Retrieved 30 November 2011.
  9. "Scoutmob – Our Purpose". Scoutmob. Retrieved 5 August 2015.
  10. Bajarin, Tim. "Why the Maker Movement Is Important to America's Future". TIME. Retrieved 5 August 2015.
  11. "Have you met Handmade at Amazon?". Amazon.com. Retrieved 5 August 2015.
  12. "Amazon.com: Scoutmob: Clothing, Shoes & Jewelry". Amazon.com. Retrieved 5 August 2015.