5 B2b Marketplace Success Stories [2024]
Here are some real life success stories of starting a b2b marketplace:
Learn more about starting a b2b marketplace:
Where to start?
-> How much does it cost to start a b2b marketplace?
-> Pros and cons of a b2b marketplace
Need inspiration?
-> Examples of established b2b marketplace
-> Marketing ideas for a b2b marketplace
Other resources
1. SolarFeeds ($12K/year)
Willie Jiang, a digital marketer with a passion for solar energy, was inspired to start SolarFeeds after learning about the current trend and adoption of solar energy. He bought the domain solarfeeds.com and focused on creating solar-related content to build an audience before launching the platform, which connects solar installers and suppliers. With a focus on SEO, SolarFeeds has achieved impressive organic traffic growth and plans to further improve their supplier catalog for solar installers.
How much they make: $12K/year
How much did it cost to start: $150K
Current team size: 8
SolarFeeds, a two-sided marketplace connecting solar installers and suppliers, grew their organic traffic by 69 times in 18 months by focusing on SEO and building an audience through solar-related content before launching their platform.
2. Upper Limits ($1.44M/year)
Matthieu Fortin, the CEO of Upper Limits, started the company in 2013 with the goal of creating a place where medical cannabis patients could find education and guidance. Inspired by his personal experience with the health benefits of vaporization, he saw an opportunity to provide new product technology education and fill a gap in the market. With an initial investment of $30,000, he bootstrapped the business and focused on sourcing high-quality products and building relationships with vendors and customers. Word of mouth and a strong online presence, including Google tools, have played a significant role in attracting and retaining customers for Upper Limits.
How much they make: $1.44M/year
How much did it cost to start: $30K
Current team size: 7
Upper Limits, a hybrid brick-and-mortar/e-commerce company located in Springfield, IL that sells dispensary, smoke shop products, and custom glass pipes, has succeeded in generating 366% greater sales revenue than their industry peers by facing challenges head-on and diversifying their revenue streams.
3. Trust Chain ($360K/year)
How much they make: $360K/year
Current team size: 7
Trust Chain Global is a fintech platform and third-party workflow management solution that aims to bring trust, confidence, and transparency to the global commodities market through cutting-edge technologies like blockchain, continuous identity verification, digital escrow and payments, and a smart deal management system.
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
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- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings