SlideShare a Scribd company logo
1 of 17
Download to read offline
(Marketplace) 
Startups to Watch 
By Tory Reiss
Wait- What is a Marketplace 
Startup? 
Most simple explanation: connects buyers and sellers 
Aren’t focused on creating a need 
Instead provide solutions for needs we didn’t know we 
had!
What Sets Them Apart? 
They challenge old corporate models 
Generally strip away bureaucratic structures 
Direct channels are one of their greatest assets
Years ago, we wouldn’t have thought about this 
Now if you’re hungry you order via seamless 
Need to get somewhere in a hurry? Grab an Uber
Food and transportation would be obvious industries for 
startups 
But there are a couple making a splash in other areas…
HomeJoy 
Cleaning service! 
Makes professional cleanings affordable 
Aimed at those who would otherwise not hire a cleaning 
service
Intuitive and user-friendly platform to help find the 
perfect cleaner 
No longer need to screen individual applicants 
In addition to the certified cleaners, all new hires are 
properly trained 
That way, they’re able to help out, too!
Traction 
Traction is like a reverse of traditional marketplace 
startup 
The buyers are the companies, and the sellers are 
freelancers
Basically, brands outsource their advertising 
departments 
Freelance network of media buyers, bloggers, and 
marketers picks up the work 
Can save companies lots of money
A lot of big brands are already using it 
CBS 
Sony 
Kraft
Instacart 
Brings your groceries to your door 
Doesn’t sound super innovative? Well…
They allow shoppers to select combination goods 
Breaks previous limitations 
For example, ordering from Walmart meant you could 
only select good from that Walmart store. 
Instacart shoppers run around for you, and pick up what 
you need
Currently operates in 11 major urban areas 
Plans to increase that to 15 by the end of 2015
Thanks for viewing!

More Related Content

Similar to Tory reiss marketplace startups

Shaping seamless retail with unique Experience Signatures
Shaping seamless retail with unique Experience SignaturesShaping seamless retail with unique Experience Signatures
Shaping seamless retail with unique Experience SignaturesFITCH
 
SPSS Assignment Data.savWeek 6, Using Marketing Channel.docx
SPSS Assignment Data.savWeek 6, Using Marketing Channel.docxSPSS Assignment Data.savWeek 6, Using Marketing Channel.docx
SPSS Assignment Data.savWeek 6, Using Marketing Channel.docxrafbolet0
 
Building a Modern Marketing Organization in a Multi-Channel World
Building a Modern Marketing Organization in a Multi-Channel WorldBuilding a Modern Marketing Organization in a Multi-Channel World
Building a Modern Marketing Organization in a Multi-Channel WorldDana Gardner
 
Making membership matter - are we a market or a movement?
Making membership matter - are we a market or a movement?Making membership matter - are we a market or a movement?
Making membership matter - are we a market or a movement?tonyosailing
 
Okay management, Technology, ethics, capital, globalization.docx
Okay management, Technology, ethics, capital, globalization.docxOkay management, Technology, ethics, capital, globalization.docx
Okay management, Technology, ethics, capital, globalization.docxAASTHA76
 
Retail marketing-,Development,Types,Forms.
Retail marketing-,Development,Types,Forms.Retail marketing-,Development,Types,Forms.
Retail marketing-,Development,Types,Forms.St.pious
 
Digital revolution
Digital revolutionDigital revolution
Digital revolutionDavid Kiama
 
Digital Leadership: An interview with Tim O’Reilly
Digital Leadership: An interview with Tim O’ReillyDigital Leadership: An interview with Tim O’Reilly
Digital Leadership: An interview with Tim O’ReillyCapgemini
 
Acquiring customers for your startup
Acquiring customers for your startupAcquiring customers for your startup
Acquiring customers for your startupMaxine Manafy
 
Interview ..Retail etc
Interview ..Retail etc Interview ..Retail etc
Interview ..Retail etc PESHWA ACHARYA
 
Remodista RetailSource Paper - Mobile Conversion Madness
Remodista RetailSource Paper - Mobile Conversion MadnessRemodista RetailSource Paper - Mobile Conversion Madness
Remodista RetailSource Paper - Mobile Conversion MadnessRemodista
 
The Definitive Shopper Marketing Guide
The Definitive Shopper Marketing GuideThe Definitive Shopper Marketing Guide
The Definitive Shopper Marketing GuideDemand Metric
 
The Definitive Shopper Marketing Guide
The Definitive Shopper Marketing GuideThe Definitive Shopper Marketing Guide
The Definitive Shopper Marketing GuideDemand Metric
 
Bringing strength to social enterprise final
Bringing strength to social enterprise   finalBringing strength to social enterprise   final
Bringing strength to social enterprise finalJodieMitch3ll
 
Bringing strength to social enterprise final
Bringing strength to social enterprise   finalBringing strength to social enterprise   final
Bringing strength to social enterprise finalJodieMitch3ll
 
Types Of eCommerce Websites And Models.pdf
Types Of eCommerce Websites And Models.pdfTypes Of eCommerce Websites And Models.pdf
Types Of eCommerce Websites And Models.pdfHost It Smart
 
How retailers choose technology and how to get them to choose you
How retailers choose technology and how to get them to choose youHow retailers choose technology and how to get them to choose you
How retailers choose technology and how to get them to choose youFieldworks Marketing
 
A planners approach to digital. Or a digital approach to planning.
A planners approach to digital. Or a digital approach to planning.A planners approach to digital. Or a digital approach to planning.
A planners approach to digital. Or a digital approach to planning.Jessica Brookes
 

Similar to Tory reiss marketplace startups (20)

Shaping seamless retail with unique Experience Signatures
Shaping seamless retail with unique Experience SignaturesShaping seamless retail with unique Experience Signatures
Shaping seamless retail with unique Experience Signatures
 
PESHWA ACHARYA
PESHWA  ACHARYAPESHWA  ACHARYA
PESHWA ACHARYA
 
SPSS Assignment Data.savWeek 6, Using Marketing Channel.docx
SPSS Assignment Data.savWeek 6, Using Marketing Channel.docxSPSS Assignment Data.savWeek 6, Using Marketing Channel.docx
SPSS Assignment Data.savWeek 6, Using Marketing Channel.docx
 
Building a Modern Marketing Organization in a Multi-Channel World
Building a Modern Marketing Organization in a Multi-Channel WorldBuilding a Modern Marketing Organization in a Multi-Channel World
Building a Modern Marketing Organization in a Multi-Channel World
 
Making membership matter - are we a market or a movement?
Making membership matter - are we a market or a movement?Making membership matter - are we a market or a movement?
Making membership matter - are we a market or a movement?
 
Okay management, Technology, ethics, capital, globalization.docx
Okay management, Technology, ethics, capital, globalization.docxOkay management, Technology, ethics, capital, globalization.docx
Okay management, Technology, ethics, capital, globalization.docx
 
Retail marketing-,Development,Types,Forms.
Retail marketing-,Development,Types,Forms.Retail marketing-,Development,Types,Forms.
Retail marketing-,Development,Types,Forms.
 
Digital revolution
Digital revolutionDigital revolution
Digital revolution
 
Digital Leadership: An interview with Tim O’Reilly
Digital Leadership: An interview with Tim O’ReillyDigital Leadership: An interview with Tim O’Reilly
Digital Leadership: An interview with Tim O’Reilly
 
Acquiring customers for your startup
Acquiring customers for your startupAcquiring customers for your startup
Acquiring customers for your startup
 
Interview ..Retail etc
Interview ..Retail etc Interview ..Retail etc
Interview ..Retail etc
 
Remodista RetailSource Paper - Mobile Conversion Madness
Remodista RetailSource Paper - Mobile Conversion MadnessRemodista RetailSource Paper - Mobile Conversion Madness
Remodista RetailSource Paper - Mobile Conversion Madness
 
The Definitive Shopper Marketing Guide
The Definitive Shopper Marketing GuideThe Definitive Shopper Marketing Guide
The Definitive Shopper Marketing Guide
 
The Definitive Shopper Marketing Guide
The Definitive Shopper Marketing GuideThe Definitive Shopper Marketing Guide
The Definitive Shopper Marketing Guide
 
Bringing strength to social enterprise final
Bringing strength to social enterprise   finalBringing strength to social enterprise   final
Bringing strength to social enterprise final
 
Bringing strength to social enterprise final
Bringing strength to social enterprise   finalBringing strength to social enterprise   final
Bringing strength to social enterprise final
 
Types Of eCommerce Websites And Models.pdf
Types Of eCommerce Websites And Models.pdfTypes Of eCommerce Websites And Models.pdf
Types Of eCommerce Websites And Models.pdf
 
Understanding Consumer Trends
Understanding Consumer TrendsUnderstanding Consumer Trends
Understanding Consumer Trends
 
How retailers choose technology and how to get them to choose you
How retailers choose technology and how to get them to choose youHow retailers choose technology and how to get them to choose you
How retailers choose technology and how to get them to choose you
 
A planners approach to digital. Or a digital approach to planning.
A planners approach to digital. Or a digital approach to planning.A planners approach to digital. Or a digital approach to planning.
A planners approach to digital. Or a digital approach to planning.
 

Tory reiss marketplace startups

  • 1. (Marketplace) Startups to Watch By Tory Reiss
  • 2. Wait- What is a Marketplace Startup? Most simple explanation: connects buyers and sellers Aren’t focused on creating a need Instead provide solutions for needs we didn’t know we had!
  • 3. What Sets Them Apart? They challenge old corporate models Generally strip away bureaucratic structures Direct channels are one of their greatest assets
  • 4. Years ago, we wouldn’t have thought about this Now if you’re hungry you order via seamless Need to get somewhere in a hurry? Grab an Uber
  • 5. Food and transportation would be obvious industries for startups But there are a couple making a splash in other areas…
  • 6.
  • 7. HomeJoy Cleaning service! Makes professional cleanings affordable Aimed at those who would otherwise not hire a cleaning service
  • 8. Intuitive and user-friendly platform to help find the perfect cleaner No longer need to screen individual applicants In addition to the certified cleaners, all new hires are properly trained That way, they’re able to help out, too!
  • 9.
  • 10. Traction Traction is like a reverse of traditional marketplace startup The buyers are the companies, and the sellers are freelancers
  • 11. Basically, brands outsource their advertising departments Freelance network of media buyers, bloggers, and marketers picks up the work Can save companies lots of money
  • 12. A lot of big brands are already using it CBS Sony Kraft
  • 13.
  • 14. Instacart Brings your groceries to your door Doesn’t sound super innovative? Well…
  • 15. They allow shoppers to select combination goods Breaks previous limitations For example, ordering from Walmart meant you could only select good from that Walmart store. Instacart shoppers run around for you, and pick up what you need
  • 16. Currently operates in 11 major urban areas Plans to increase that to 15 by the end of 2015