Fiverr Launches e-commerce Industry Store to Help the Growing Number of Businesses Selling Online
September 04 2019 - 8:00AM
Business Wire
The new industry store taps into the
trillion-dollar market by offering over 35 services for businesses
who sell online
Fiverr International Ltd., (NYSE: FVRR), the company that is
changing how the world works together, today launched its second
industry store, this one focused on e-commerce in order to help the
growing number of businesses that are selling online. E-commerce
business owners can now quickly select from a variety of services
to support all their omnichannel needs.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20190904005230/en/
The new industry store taps into the
trillion-dollar market by offering over 35 services for businesses
who sell online. (Graphic: Business Wire)
Through the new industry store, businesses using platforms such
as Shopify, Magneto, and Woocommerce can easily browse and find
services including web design and development, dropshipping
services and SEO. Business owners who have product lines available
on marketplaces like eBay, Etsy or Amazon can select from services
such as product research, photography and descriptions, Photoshop
editing, and channel advisors, among others. There is also a
dedicated e-commerce marketing hub to help any e-commerce business
with their digital marketing needs.
“The e-commerce industry is a trillion dollar market with
consistent and rapid growth1,” said Micha Kaufman, Fiverr CEO. “Yet
nearly half of U.S. small businesses don’t have a website2, so
there is a huge opportunity for many of these businesses to
capitalize on the growing e-commerce trend. We have seen rising
demand for e-commerce related services on our marketplace and the
launch of a dedicated industry store allows us to address this
growing market with a more verticalized experience and enable our
buyers to bring their e-commerce businesses to the next level.”
This year, e-commerce sales are
expected to account for 13.7 percent of retail sales worldwide3.
Not only is the entire e-commerce industry booming, but in the last
three to five years, there has been a significant increase in the
number of Direct-to-Consumer (DTC) brands, many of which are
turning to Fiverr to support their growing business needs. The rise
and popularity of these DTC brands allows small businesses to have
a stake in the game against bigger players.
Caitlin Tomey, Chief Operations Officer at Naadam, a
Direct-to-Consumer cashmere brand that’s making luxe knitwear more
sustainable, more accessible, and more affordable commented: “As is
typical with e-commerce start-ups, we have a large project pipeline
and a very lean development team. Fiverr offers us a cost-effective
way to quickly ramp development resources around key projects and
initiatives. This allows me to continue to operate a lean team
without ever having to sacrifice or de-prioritize important
projects. Working with Fiverr has also given us the ability to run
multiple work streams in tandem, which significantly reduces
end-to-end project timelines and allows us to get more done every
day.”
As more businesses enter the e-commerce world, Fiverr will be
the marketplace that empowers them to take their businesses to the
next level, being the go-to stop for services that meet all of
their business needs.
Click here to find out more about Fiverr’s new e-commerce store
and here to view the variety of services available.
About Fiverr
Fiverr's mission is to change how the world works together. The
Fiverr platform connects businesses of all sizes with freelancers
offering digital services in more than 250 categories, across 8
verticals including graphic design, digital marketing, programming,
video and animation. Since inception, the platform has served over
5.5 million businesses and has facilitated over 50 million
transactions. Fiverr's global community of freelancers spans across
more than 160 countries. We invite you to visit us at fiverr.com,
read our blog and follow us on Facebook, Twitter and Instagram.
1 Internet Retailer (January 21, 2019) Global E-Commerce Sales
Grow by 18% in 2018 {article} Retrieved from
https://www.digitalcommerce360.com/article/global-ecommerce-sales/
2 Oberlo (February 27, 2019) 19 Powerful ECommerce Statistics That
Will Guide Your Strategy in 2019 {article} Retrieved from
https://www.oberlo.com/blog/ecommerce-statistics-guide-your-strategy
3 Oberlo (February 27, 2019) 19 Powerful ECommerce Statistics That
Will Guide Your Strategy in 2019 {article} Retrieved from
https://www.oberlo.com/blog/ecommerce-statistics-guide-your-strategy
View source
version on businesswire.com: https://www.businesswire.com/news/home/20190904005230/en/
Holly Steffy holly.steffy@fiverr.com Abby Forman
abby.f@fiverr.com
Fiverr (NYSE:FVRR)
Historical Stock Chart
From Mar 2024 to Apr 2024
Fiverr (NYSE:FVRR)
Historical Stock Chart
From Apr 2023 to Apr 2024