CEO Peter. The Searchspring Story.

7 May 2021 · 48 min
Episode

7 May 2021 · 48 min

0:00

Peter Messana, CEO of Searchspring, stumbled into ecommerce in 2005 when he bought a kayak retailer and built a website for $35,000 that made $250,000 in year one. He sold that company 11 years later when 82% of sales were online, then started Searchspring to help retailers control product listings and recommendations through rules or algorithms instead of leaving it to Amazon and Google.

Questions this episode answers

May 7, 2021.

2005; a small retail company selling outdoor products, mostly kayaks.

Budgeted about $35,000 and earned approximately $250,000 in the first year.

About 82% online at time of sale (about 11 years after purchase).

About 105 employees, with 12 hired as remote.

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