Member Article

Spreadshirt Delivers Solid Results for 2015

Spreadshirt’s Platform Investment Rewarded with EUR 85m Revenue for 2015

Healthy Outlook for 2016 as Ecommerce Site’s Revenue Rises 18% Globally

Spreadshirt announces an 18% revenue rise in its 2015 financial results as the investment in its ecommerce platform is rewarded. The company makes it easy to buy, sell and create ideas on clothing & accessories. In 2015 it recorded revenue of EUR 85m by taking nearly 2m orders and shipping over 3.6m items to 180 countries.

The platform developments make it easier to buy and sell ideas on merchandising. The average basket size went up as global orders increased by 7.5% and nearly 11% more items were shipped than in 2014. So the 5.4m visitors each month to the Spreadshirt site were buying more per visit. In addition, over 40% of these visitors to the site came via smartphones and tablets in 2015, reflecting a shift in shopping habits and Spreadshirt’s investment in making it easier to use the site via a mobile device.

Spreadshirt’s CEO, Philip Rooke, says “At Spreadshirt we have a continuous-development approach to our platform. The healthy growth we have achieved in 2015 is a direct result of this investment in ideas and technology.” He continues, “We are now in a strong position for 2016, which is going to be a year of simplification. We want to make it ever easier to buy and sell ideas on the Spreadshirt platform. This all part of our growth strategy as we become a billion dollar, game-changing business.”

In 2016, Spreadshirt will also focus on making it more rewarding for Spreadshirt partners to sell their ideas on the platform. Changes coming online in 2016 include a new partner administration area, a revision of the commission model, to reward successful sellers, and faster payments for partners.

In 2015 Spreadshirt also shipped to 24 new countries, including The Holy See, Madagascar and The Cook Islands. The most expensive t-shirt was shipped to Denmark and cost 317.85 EUR.

Figures at a Glance

• Total global revenue in 2015: 85m euros
• Total UK & Ireland revenue in 2015: 4.6m euros
• Over 40% of traffic from mobile devices
• Nearly 2m orders received and 3.6 items shipped to 180 countries
• More than 70,000 active partners globally
• Average of 5.4m monthly visits

About Spreadshirt

Spreadshirt

Spreadshirt, an innovative global e-commerce platform for print-on-demand apparel and accessories enables everyone to easily buy, sell, create and share their ideas on over 220 different products. Examples of spreading it with Spreadshirt include social influencers from all genres such as gaming, YouTube creators, entertainment companies, non-profit organisations and over 70,000 partners.

Founded in 2002, Spreadshirt is active in 19 markets, available in 12 languages, and operates five global production sites. In 2015, Spreadshirt hit global revenue of approximately 85 million Euros, printed more than 3.6 million items, and shipped to 180 countries.

This was posted in Bdaily's Members' News section by Philip Rooke .