OpenStore

OpenStore

Software Development

Miami, FL 7,396 followers

OpenStore’s inspiring entrepreneurs and shoppers to find something new.

About us

OpenStore is on a mission to inspire entrepreneurs and shoppers to find something new. We give entrepreneurs the simplest way to sell their e-commerce businesses and receive liquidity. We’ve paid millions of dollars to entrepreneurs all over the country, freeing them up to start new companies, spend time with family, or take a well-deserved break. We manage the largest number of Shopify brands with over 100,000 products across apparel, beauty, home goods, and electronics. Our team of e-commerce experts and engineers uses our proprietary technology and tooling, and advantages from our size, to grow our brands and reach more customers. Two million people have purchased OpenStore products, and soon, we’ll launch a consumer shopping app, helping people discover products in an all-new way.

Website
http://open.store
Industry
Software Development
Company size
51-200 employees
Headquarters
Miami, FL
Type
Privately Held
Founded
2021

Locations

Employees at OpenStore

Updates

  • OpenStore reposted this

    View profile for Hussam AlMukhtar, graphic

    Strategic Growth & ABM

    What keeps you up at night about ecommerce customer service? It's not just about response times anymore. When analyzing 40+ OpenStore brands performance, we are reminded of this reality: • 😍 Emotions drive purchase decisions 𝗺𝗼𝗿𝗲 𝘁𝗵𝗮𝗻 𝗽𝗿𝗶𝗰𝗲 • 👻 Over 1/3 of customers ghost brands after 𝗼𝗻𝗲 𝗽𝗼𝗼𝗿 𝗶𝗻𝘁𝗲𝗿𝗮𝗰𝘁𝗶𝗼𝗻 • 🤖 Most "𝘱𝘦𝘳𝘴𝘰𝘯𝘢𝘭𝘪𝘻𝘦𝘥" responses still feel robotic Here's the interesting part: While everyone's rushing to implement AI support, our data shows that blending automation with human touch points actually creates stronger emotional connections. Some brands are seeing 2-3x higher retention rates by focusing on emotional touchpoints over speed. Others are losing loyal customers by automating the wrong parts of their journey. OpenDesk wrote about this shift in customer expectations and what it means for brands. Link in comments if you're curious.

    • No alternative text description for this image
  • View organization page for OpenStore, graphic

    7,396 followers

    BFCM 2024 prep is in full swing—what are you prioritizing this season? 🔥 With this year’s unique twists, we’re challenging the usual playbook and asking fresh questions. Dive in below and share your thoughts! ⬇️

    View profile for Dov Quint, graphic

    Managing 45+ Shopify Storefronts at OpenStore

    Are you still putting the final touches on your BFCM plans? With this year’s unique twists, here are a few thought-provoking questions I’ve been considering—no standard prep checklist, just a different take on what this season could bring. Let’s dive in... 🕒 Timing of Sales: How early is too early to launch your BFCM sale? With election day around the corner and Thanksgiving nearly a week later than usual, the window between BFCM and shipping deadlines is shorter. Could brands feel pressured to start sales right after the election? Will the actual election results influence their strategies? 📧 Email Capture Pop-Ups: What to do with your evergreen email pop-ups during BFCM? Keep them as is, modify them for the BFCM offer, or remove them entirely? Each option has its implications for user experience and margins. 🔀 AB Testing: Is now the time for testing? While it’s tempting to gather insights for future campaigns quickly, there’s a risk any 'losing' variant might drag down your performance. Plus, don’t forget: “code freeze” applies across the board. Curious to hear others' thoughts/opinions on these questions. What are you prioritizing or rethinking this BFCM?

  • View organization page for OpenStore, graphic

    7,396 followers

    OpenStore's CEO Keith Rabois spoke with Axios' Richard Collings to discuss how OpenDesk, our new AI-powered customer support tool, is transforming ecommerce support. Top takeaways: ✔️ Cutting costs: OpenDesk slashed support costs from $5-$6 per order to under $1. ✔️ Smaller, more efficient teams: We reduced OpenDesk's support team by 83%, from 48 to just 8 people. ✔️ Scaling success: OpenDesk is already helping brands in apparel, consumer electronics, and more, delivering faster, smarter support. Read the full story on Axios Pro: https://shorturl.at/HOIz2

    • No alternative text description for this image
  • View organization page for OpenStore, graphic

    7,396 followers

    ✨ Introducing OpenDesk! 🚀 We built OpenDesk using insights from operating 40+ ecommerce brands, and we couldn’t be more excited to share it with you. Check out the full story on our blog: https://shorturl.at/bOpwY

    View organization page for OpenDesk, graphic

    104 followers

    Introducing OpenDesk: An AI-powered customer support tool built for and by ecommerce brands. 🤝 Designed by the operators of 40+ ecommerce brands at OpenStore, OpenDesk is a customer support tool built to help brands respond faster, automate confidently, and unlock growth with actionable insights. 🔄 Explore smarter support that keeps your customers coming back: https://shorturl.at/LdXg2

  • OpenStore reposted this

    View profile for Hussam AlMukhtar, graphic

    Strategic Growth & ABM

    𝙒𝙝𝙖𝙩 𝙞𝙛 𝙮𝙤𝙪𝙧 𝙗𝙞𝙜𝙜𝙚𝙨𝙩 𝙢𝙖𝙧𝙠𝙚𝙩𝙞𝙣𝙜 𝙨𝙥𝙚𝙣𝙙 𝙞𝙨 𝙖𝙘𝙩𝙪𝙖𝙡𝙡𝙮 𝙮𝙤𝙪𝙧 𝙗𝙞𝙜𝙜𝙚𝙨𝙩 𝙡𝙞𝙖𝙗𝙞𝙡𝙞𝙩𝙮? 🤔 SEO remains one of the few marketing strategies where the rewards compound over time, but it can be easy to overlook in favor of quick wins from paid ads. I was reading through OpenStore's new guide on Shopify SEO for 2024, and a couple of things hit home: ➡️ 𝗦𝗘𝗢 𝗱𝗿𝗶𝘃𝗲𝘀 𝟯𝟱% 𝗼𝗳 𝗼𝗿𝗴𝗮𝗻𝗶𝗰 𝘁𝗿𝗮𝗳𝗳𝗶𝗰 𝗮𝗻𝗱 𝟯𝟯% 𝗼𝗳 𝘁𝗼𝘁𝗮𝗹 𝗿𝗲𝘃𝗲𝗻𝘂𝗲 𝗳𝗼𝗿 𝗼𝗻𝗹𝗶𝗻𝗲 𝗯𝘂𝘀𝗶𝗻𝗲𝘀𝘀𝗲𝘀. That’s not small. For all the money we pour into paid ads, organic traffic is still driving a third of revenue—without the ongoing spend. Yet, we often treat SEO as a secondary channel when it should be a core part of any growth strategy. ➡️ 𝗦𝗘𝗢 𝗶𝘀 𝗮 𝗽𝗼𝘄𝗲𝗿𝗳𝘂𝗹 𝘁𝗼𝗼𝗹 𝘁𝗼 𝗿𝗲𝗱𝘂𝗰𝗲 𝗖𝗔𝗖, 𝗲𝘀𝗽𝗲𝗰𝗶𝗮𝗹𝗹𝘆 𝘄𝗶𝘁𝗵 𝗮𝗱 𝗰𝗼𝘀𝘁𝘀 𝗿𝗶𝘀𝗶𝗻𝗴. We’ve all seen the climb in advertising costs, and depending too much on them is risky. A well-executed SEO strategy lowers customer acquisition costs in the long term, building a more sustainable foundation for growth—one that isn’t at the mercy of fluctuating ad prices. The guide touches on on-page SEO tactics, keyword strategies, and even how to optimize for faster loading times (which could reduce bounce rates significantly). For those who’ve relied on paid search, this might be a good reminder that organic growth is more than a "𝘯𝘪𝘤𝘦 𝘵𝘰 𝘩𝘢𝘷𝘦." It’s arguably essential if you’re serious about long-term sustainability. Here’s the guide if you want a closer look: 👉 https://lnkd.in/gzCm3pu7 #SEO #Shopify #EcommerceGrowth #MarketingInsights #DTC

    A Step-by-Step Guide to Shopify SEO — Grow Your Brand in 2024

    A Step-by-Step Guide to Shopify SEO — Grow Your Brand in 2024

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Funding

OpenStore 5 total rounds

Last Round

Series B

US$ 32.0M

Investors

Lux Capital
See more info on crunchbase