Show HN: Shopify's Top 90 Most Successful Startups in 2021(reviewbolt.com)
reviewbolt.com
Show HN: Shopify's Top 90 Most Successful Startups in 2021
https://reviewbolt.com/top/shopify/
15 comments
As you said, Decathlon is a primarily brick and mortar shop. They have huge revenue worldwide ($13B in 2019) from their shop and it really doesn't look like they pushed hard for e-commerce. The thing is, a lot of what they sell is big or heavy, so the shipping cost would be very high. Plus, a lot of items they sell are something that most people will want to try before buying. So their business doesn't work too well with e-commerce. Combine this with the fact that, if you are not in the U.S.A, you probably have a Decathlon shop not that far from you, and their website is basically just a vitrine. People look at product there but go to the shop to buy them.
The only thing I know people buy from their website is replacement parts.
They sell a lot of bicycles but the majority of their products are accessory items.
A side note: Decathlon has THE BEST self service registries/counters EVER. It's super popular here in Poland to use those, even in cheap discount store chains, but Decathlon beats it all.
You just put your stuff in a big box (at once), no scanning, you just toss it in and all is already counted and ready to be paid for. You pay and leave. Perfection :)
You just put your stuff in a big box (at once), no scanning, you just toss it in and all is already counted and ready to be paid for. You pay and leave. Perfection :)
Gotta second this. The first few times I used the self service counter, I spent quite a while double checking to make sure it got it right, simply because I couldn't believe it could be that easy.
Data taken straight from similarweb so accuracy highly dependent on country of source, ad-block usage amongst visitors, etc etc. The ranking is probably vaguely correct but those detailed figures of time on site, facebook spend, revenue, etc are waaaayyyyy estimated.
"I estimate revenue with [traffic * global ecom conversion rate * price of best selling product]."
Wow. And you know, because this is now 'published data', you'll see the figures crop up in news articles and blog posts. DID YOU KNOW THAT FASHIONOVA MADE MORE THAN $25m REVENUE IN 2020????
"I estimate revenue with [traffic * global ecom conversion rate * price of best selling product]."
Wow. And you know, because this is now 'published data', you'll see the figures crop up in news articles and blog posts. DID YOU KNOW THAT FASHIONOVA MADE MORE THAN $25m REVENUE IN 2020????
Fashionnova spend over 10% of their _revenue_ on Facebook Ads according to this. Is that even realistic?
That strikes me as low for a DTC company. FB ds includes Instagram, which is fashion nova’s largest sales channel.
JB Hi-Fi (second on the list) is most certainly not a startup.
It's a publicly listed Australian company and was founded in 1974.
It's a publicly listed Australian company and was founded in 1974.
Shopify's Top 90 Most Visited Websites in 2021. This has very little to do with startups.
I think the user above commented on the title of the submission
I've worked with 5 of the top 10. Trust me, these are start-ups only in name.
They're getting 2.2 m hits a month and making 400k rev?? The next three stores down are doing three times that selling similar consumer products.
Okay maybe they have an unusually high number of visits to their store before someone purchases or that pipeline isn't very well worked. 50% bounce rate and people only spending two minutes on the site. The other sites have a 40% bounce rate and I wonder if that accounts for the difference.
My guess is that many people put off buying their sports equipment but they don't put off looking at it?