Web Thrift Store

Last updated
Web Thrift Store
Type of site
Online thrift store
Founded2011
Headquarters New York City,
United States [1]
Founder(s) Douglas Krugman [1]
Lynn Zises [1]
URL www.webthriftstore.com
Current statusClosed

Web Thrift Store was an organization based in New York City that facilitates non-profit organizations raise money through it. It was founded in 2011 by Doug Kurgman and Lynn Zises. According to their website, the Web Thrift Store is now closed.

Contents

History

Web Thrift Store was founded in 2011 by Doug Krugman and Lynn Zises in New York City. The stated goal of the company is to allow non-profit organizations to run online thrift stores without having to maintain inventory. [2] Part of the reason the two founded the organization was to get people to donate things that they do not use in order to raise cash for non-profits. [3] Items donated to the website earn money for charities. [2] People who donate items through WebThriftStore receive tax deductions and can choose which charities they want to donate the money to. [4]

Partnerships

Web Thrift Store is partnered with multiple organizations. While the website began with a total of three partners, it grew to more than 30 (as of September 2014). [1] It later had a total of 60 charities as of February 4, 2015. [5] These organizations include (but are not limited to):

In 2013, WebThriftStore (in conjunction with select charity partners) announced a donation competition called #OneGoodThing to raise new item donations.[6] It also created a donation drive called #SpringCleanForACause for similar purposes to take place on March 20, 2015.[ citation needed ] Web Thrift Store released a mobile app called ThriftSNAP, which allows people to donate items quickly. [11] The website runs an annual Valentine's Day event called "Donate Your Heartbreak", where people are encouraged to donate gifts from ex-lovers to charity. People who donate items such as these for this event are also invited to share stories related to the items through Web Thrift Store. [12] WebThriftStore collaborated with animal-related charities including ASPCA, PETA, the Bark & Meow Foundation, Colonel Potter Cairn Rescue Network, Fidelco Guide Dog Foundation, Internet Miniature Pinscher Service, RedRover, and the Spay-Neuter Assistance Program in a “Coats for Canines” drive to encourage people to donate coats and sweaters to these charities for dogs in order to help them combat the cold. [8] New York Cares held a donation drive from June 20 to June 22, 2014, in conjunction with WebThriftStore and the taxi service Uber and its "UberRUSH" service. The collaboration was for the purpose of encouraging people to donate their possessions by having Uber drivers pick the things up. [13] In November 2014, Web Thrift Store joined the Blackbaud Partner Network. [14]

Recognition and media coverage

Web Thrift Store has been covered in multiple magazines, including Glamour and O, The Oprah Magazine. [12] [15] Web Thrift Store, along with nine other startups, were given space in Times Square offices for three months in 2011 by Entrepreneurs Roundtable, as well as $25,000 and access to more than 180 mentor figures in exchange for a percentage of the company's stake. [16] Web Thrift Store was covered by Business Insider in its article about 10 New York City-based startups. [17] It was also covered in a list of five New York City startups by NY Convergence. [18] The website Good Net called it the "good-doers version" of Craigslist. [19] Columbia Business School Magazine suggested that Web Thrift Store could be good competition for The Salvation Army. [4] The website "Looking Fly on a Dime" praised the organization for allowing non-profits to choose where the earnings from their donations go, which is not something that all thrift stores tell. [20] The website "Connect With Your Teens Through Pop Culture and Technology" included it in a list of four social entrepreneurships "where you can do good." [21] Web Thrift Store was selected to speak at the South by Southwest Interactive 2014 event for a discussion called "Doing Good and Making Money." [22] The website miratel solutions inc. speculated that Web Thrift Store may indicate that online charity shops may become more prominent in the future. [23] Web Thrift Store attended an event called COMMON Pitch NYC, an event where businesses present pitches for their product or service to a panel of celebrity judges and compete with each other. [24]

For the whole of 2013, sales and donations grew more than 200 percent according to The Alumni Magazine of the Columbia Business School. [1]

Related Research Articles

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<span class="mw-page-title-main">Charity shop</span> Retail establishment run by a charitable organization to raise money

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References

  1. 1 2 3 4 5 Beshkin, Abigail; Chalifoux, Amanda (2014-09-19). "Startups for a Better World". The Alumni Magazine of the Columbia Business School. Retrieved 2015-06-11.
  2. 1 2 Reid, Tiana (2012-06-06). "WebThriftStore Connects Buyers, Consumers and Non-Profits to Make Cash". Trend Hunter. Retrieved 2015-06-11.
  3. ↑ Fantozzi, Joanna (2013-02-06). "A New Web Thrift Store Benefits Schools and Other Charities". Straus Media. Retrieved 2015-06-11.
  4. 1 2 "If the startup fits..." Columbia Magazine. Spring 2002. Retrieved 2015-06-11.
  5. ↑ Bahou, Alexandra (2015-02-04). "Donate your "heartbreak" to charities online with WebThriftStore.com". WXYZ Detroit . Retrieved 2015-06-11.
  6. 1 2 "Web Thrift Store Allows You To Donate Unwanted Items (VIDEO)". The Huffington Post . 2012-02-10. Retrieved 2015-06-11.
  7. ↑ "WebThriftStore Adds New York Cares and Ronald McDonald House New York Tri-State Charities to Nonprofit Partner Roster". MarketWatch. 2013-06-26. Retrieved 2015-06-11.
  8. 1 2 "Arctic Blast Leaves Dogs Out in the Cold: WebThriftStore Launches "Coats for Canines" Drive". Yahoo! Finance . 2014-01-09. Retrieved 2015-06-11.
  9. ↑ "WebThriftStore Announces American Red Cross as Newest Charity Partner". TMCnet. 2014-07-30. Retrieved 2015-06-11.
  10. 1 2 Pofeldt, Elaine (2014-07-30). "Scaling Up While Giving Back". Forbes . Retrieved 2015-06-11.
  11. ↑ Blaine, Adrienne (2014-11-28). "WebThriftStore Makes Cleaning Out the Closet – and Donating to Charity – a ThriftSNAP". KQED Arts. Retrieved 2015-06-11.
  12. 1 2 Lo, Danica (2015-02-03). "Valentine's Day Purge: Sell Presents From Your Exes and Donate the Money to Charity". Glamour . Retrieved 2015-06-11.
  13. ↑ "WebThriftStore and New York Cares Team Up With Uber for Designer Charity Donation Drive June 20th-22nd". Yahoo! Finance . 2014-06-17. Retrieved 2015-06-11.
  14. ↑ "WebThriftStore Joins the Blackbaud Partner Network". Web Thrift Store. 2014-11-20. Retrieved 2015-06-11.
  15. ↑ "Does Anyone Want My... A few more ways to get rid of clutter - for good". O, The Oprah Magazine . March 2013.
  16. ↑ Popper, Ben (2011-05-31). "Entrepreneurs Roundtable Announces 10 Start-ups for Summer Accelerator". Observer Innovation. Retrieved 2015-06-11.
  17. ↑ Shontell, Alyson (2011-09-01). "RUSH TO JUDGEMENT: Are These 10 NYC Startups You've Never Heard Of Brilliant Or Bombs?". Business Insider . Retrieved 2015-06-11.
  18. ↑ "A Look at Five NY Startups Giving Back". NY Convergence. 2012-03-25. Retrieved 2015-06-11.
  19. ↑ "Craigslist, the Good-Doers Version". Good Net. 2012-04-18. Retrieved 2015-06-11.
  20. ↑ "New Sites Make Thrift Shopping Online Easy". Looking Fly on a Dime. 2012-11-14. Retrieved 2015-06-11.
  21. ↑ Wagner, Jennifer (2013-04-30). "4 Social Entrepreneurships Where You Can Do Good". Connect With Your Teens Through Pop Culture and Technology. Retrieved 2015-06-11.
  22. ↑ "WebThriftStore Selected to Speak at SXSW Interactive Festival". TMC News. 2013-12-04. Retrieved 2015-06-11.
  23. ↑ "Could webthriftstore.com signal the rise of the online charity shop?". miratel solutions inc. 2014-08-26. Retrieved 2015-06-11.
  24. ↑ McNerney, Sam (2012-02-15). "COMMON Pitch Showcases Ten Startups To Watch In 2012 - Alex Bogusky, John Bielenberg and Rob Schuham are giving ten hot internet entrepreneurs the chance to grow their businesses". Virtual Reality Report. Retrieved 2015-06-11.
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