5 Ecommerce Plugin Success Stories [2024]
An e-commerce plugin is a piece of software that allows businesses to sell their products online. These plugins typically include features such as a shopping cart, payment gateway, or product catalog.
To build an e-commerce plugin, you need to be familiar with the different types of e-commerce platforms and have a good understanding of how to develop plugins. You may also need to have strong coding skills.
The demand for e-commerce plugins are growing as online stores are looking for ways to improve their processes. Plugins can help businesses add new features and integrations, and they can also help save time and money by automating tasks that would otherwise be done manually.
Here are some real life success stories of starting a ecommerce plugin:
1. Kiwi Sizing ($432K/year)
The founder of Kiwi Sizing used to run a dropshipping store that sold dog clothing and pet accessories, but he always struggled with setting up size charts for the pet products.
He faced two main issues when it came to sizing: each product had different sizing, and the vendor only provided sizing in centimeters.
As a result, he had to manually convert each number from centimeters to inches using Google search, which was a time-consuming process. At the time, there were two size chart apps available on the Shopify app store, but neither of them offered unit conversion features.
This meant that he had to waste hours adding up to 20-30 new merchandise each week. The business started because the founder, being an engineer, was highly motivated to create a tool that could help him automate this tedious process.
How much they make: $432K/year
How much did it cost to start: $300
Current team size: 1
Kiwi Sizing is an e-commerce plugin that simplifies size charts and offers fit recommenders, generating over $36k/month in revenue with a 5% month-over-month growth, and serving over 13,000 active stores worldwide.
2. Custimy.io ($600K/year)
Kristoffer and his co-founder, Martin, came up with the idea for Custimy while on vacation in Spain. Martin, who was working in London as a director for a software and technology consultancy, pitched the idea of building a customer data platform for e-commerce stores. Inspired by the potential to revolutionize e-commerce, Kristoffer quit his CEO position at a food-tech company, and together they built Custimy from scratch, eventually raising $1.6 million in pre-seed funding and attracting major media attention.
How much they make: $600K/year
How much did it cost to start: $875K
Current team size: 30
Custimy.io co-founders Kristoffer and Martin created an e-commerce data platform that uses machine learning to help SMB stores make better decisions based on higher-quality customer data, raising the biggest pre-seed funding round in Denmark at the time and currently having 50K USD in monthly recurring revenue.
3. Bagisto ($600K/year)
Saurav Pathak, the Chief Product Officer of Bagisto, came up with the idea for the open-source e-commerce platform after realizing there was a huge gap between demand and supply for platform-driven e-commerce solutions. With the goal of making it simple for developers to create their own online stores, Bagisto has generated over $1 million in revenue and has a user base of 200,000.
How much they make: $600K/year
How much did it cost to start: $10K
Current team size: 47
Open-source e-commerce platform Bagisto has generated over $1 million in revenue in the past four years, with $350,000 annual recurring revenue for the past two years, has over 70,000 downloads, 5,000 Github stars, 5,000 community members globally, and over 150 contributors enhancing its features.
4. CartFox.io ($18K/year)
Simon, the founder, started his eCommerce business with a 5K EUR investment inherited from his grandmother. After successfully creating several brands and generating over 150M+ EUR in revenue, he identified the need for a SaaS solution for SMS marketing and cart abandonment recovery in the competitive EU eCommerce market. This led to the birth of CartFox.io, which aims to become their flagship product within a year or two.
How much they make: $18K/year
How much did it cost to start: $120K
Current team size: 7
Slovenian eCommerce business owner turns internal solution into SaaS product CartFox, with over 150M EUR revenue generated through several brands, but still breaking even $1.5K/month with salaries included from CartFox.
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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
