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Tech-­‐In-­‐Mo*on	
  /	
  Startup	
  Workshops	
  	
  -­‐	
  -­‐	
  The	
  Future	
  of	
  	
  E-­‐Commerce	
  Technologies	
  	
  -­‐	
  -­‐	
  	
  ©2013	
  Tom Nora - - 27 . IV . 2013
The Next Generation of E-Commerce
Technologies
Tom Nora
May	
  2013	
  
WORKBRIDGE	
  |	
  JOBSPRING	
  
Tech-­‐In-­‐Mo*on	
  /	
  Startup	
  Workshops	
  	
  -­‐	
  -­‐	
  The	
  Future	
  of	
  	
  E-­‐Commerce	
  Technologies	
  	
  -­‐	
  -­‐	
  	
  ©2013	
  Tom Nora - - 27 . IV . 2013
Opening Credits
Tech-­‐In-­‐Mo*on:	
  OC	
  
Workbridge	
  Associates	
  
Jobspring	
  Partners	
  
Startup	
  Workshops	
  
Tech-­‐In-­‐Mo*on	
  /	
  Startup	
  Workshops	
  	
  -­‐	
  -­‐	
  The	
  Future	
  of	
  	
  E-­‐Commerce	
  Technologies	
  	
  -­‐	
  -­‐	
  	
  ©2013	
  Tom Nora - - 27 . IV . 2013
My Background
•  Engineer	
  >>	
  Sales	
  &	
  Marke*ng	
  >>	
  CEO	
  
Ö  Founded	
  and/or	
  led	
  5	
  VC	
  backed	
  Startups	
  as	
  CEO	
  
•  Several	
  successful	
  Exits,	
  M&A,	
  IPOs	
  
Ö  Mostly	
  Internet	
  SoXware	
  Cos.	
  
•  Startup	
  Consultant,	
  Mentor,	
  Psychologist	
  since	
  ~2003	
  
• Current:	
  
• neoREY.com	
  	
  	
  Biometric	
  Payments	
  &	
  Access	
  
• Startup	
  Workshops,	
  becoming	
  its	
  own	
  startup!	
  
• Consul*ng	
  
Tech-­‐In-­‐Mo*on	
  /	
  Startup	
  Workshops	
  	
  -­‐	
  -­‐	
  The	
  Future	
  of	
  	
  E-­‐Commerce	
  Technologies	
  	
  -­‐	
  -­‐	
  	
  ©2013	
  Tom Nora - - 27 . IV . 2013
My Other Series
“The Scalable Startup”
Part	
  1	
  	
  	
  	
  	
  First	
  Mee*ng	
  to	
  Launch	
  
Part	
  2	
  	
  	
  	
  	
  First	
  Funding,	
  Funding	
  Lifecycle	
  (+Legal)	
  
Part	
  3	
  	
  	
  	
  	
  Idea	
  to	
  Product,	
  Produc*za*on	
  
Part	
  4	
  	
  	
  	
  	
  The	
  Turnaround	
  -­‐	
  Fixing	
  your	
  Revenue	
  Curve	
  
Tech-­‐In-­‐Mo*on	
  /	
  Startup	
  Workshops	
  	
  -­‐	
  -­‐	
  The	
  Future	
  of	
  	
  E-­‐Commerce	
  Technologies	
  	
  -­‐	
  -­‐	
  	
  ©2013	
  Tom Nora - - 27 . IV . 2013
E-Commerce Background
• Early-­‐early	
  in	
  the	
  E-­‐commerce	
  Industry	
  
Ö Roguewave	
  SoXware	
  -­‐	
  -­‐	
  1996	
  
• SW	
  Tools,	
  hand-­‐coded	
  C++;	
  VC	
  Backed	
  
Ö Wonders	
  of	
  the	
  West	
  	
  -­‐	
  -­‐	
  1999	
  
• Online	
  Art	
  Gallery	
  based	
  in	
  Durango,	
  Colorado	
  
Ö Liglefish	
  Commerce	
  -­‐	
  -­‐	
  2000	
  
• Pooled	
  PlaHorm	
  -­‐	
  -­‐	
  Java/J2EE/Weblogic;	
  VC	
  Backed	
  
• 2009	
  –	
  Now:	
  
• iOS,	
  JS,	
  MySQL,	
  Drupal/PHP,	
  Cloud	
  	
  	
  	
  (yes	
  Drupal)	
  
Tech-­‐In-­‐Mo*on	
  /	
  Startup	
  Workshops	
  	
  -­‐	
  -­‐	
  The	
  Future	
  of	
  	
  E-­‐Commerce	
  Technologies	
  	
  -­‐	
  -­‐	
  	
  ©2013	
  Tom Nora - - 27 . IV . 2013
New Themes
SCommerce	
  	
  	
  	
  	
  	
  RCommerce	
  	
  	
  	
  	
  FCommerce	
  	
  	
  	
  	
  	
  	
  MCommerce	
  	
  	
  	
  
Images	
  Everywhere	
  	
  	
  	
  	
  	
  	
  Intui*ve	
  UI	
  
Graphical	
  Beauty	
  (=	
  Great	
  Usability)	
  
No	
  Less	
  Delays	
  	
  	
  	
  	
  	
  	
  DIY	
  	
  	
  	
  	
  	
  	
  The	
  15	
  Minute	
  Website	
  
E-­‐Payments	
  	
  	
  	
  	
  	
  	
  	
  	
  Mobile	
  Wallet	
  	
  	
  	
  	
  	
  	
  Keyless	
  Entry	
  
Tech-­‐In-­‐Mo*on	
  /	
  Startup	
  Workshops	
  	
  -­‐	
  -­‐	
  The	
  Future	
  of	
  	
  E-­‐Commerce	
  Technologies	
  	
  -­‐	
  -­‐	
  	
  ©2013	
  Tom Nora - - 27 . IV . 2013
Biggest Market Impacts
(Buyer and Seller)
Comfort	
  Buying	
  Online	
  
Smartphones	
  
Simplicity	
  
The	
  New	
  Experience	
  
Urgency	
  
Tech-­‐In-­‐Mo*on	
  /	
  Startup	
  Workshops	
  	
  -­‐	
  -­‐	
  The	
  Future	
  of	
  	
  E-­‐Commerce	
  Technologies	
  	
  -­‐	
  -­‐	
  	
  ©2013	
  Tom Nora - - 27 . IV . 2013
Biggest Technology Impacts
Server	
  Side	
  
Scrip*ng	
  
Pregy	
  Pictures,	
  
Anima*on	
  
Apple,	
  Android	
  
Tech-­‐In-­‐Mo*on	
  /	
  Startup	
  Workshops	
  	
  -­‐	
  -­‐	
  The	
  Future	
  of	
  	
  E-­‐Commerce	
  Technologies	
  	
  -­‐	
  -­‐	
  	
  ©2013	
  Tom Nora - - 27 . IV . 2013
E-Commerce: Business Model Trending
Less	
  “Middle	
  Men”	
  
Lower	
  Retail,	
  More	
  Margin	
  
Convenient	
  
Tech-­‐In-­‐Mo*on	
  /	
  Startup	
  Workshops	
  	
  -­‐	
  -­‐	
  The	
  Future	
  of	
  	
  E-­‐Commerce	
  Technologies	
  	
  -­‐	
  -­‐	
  	
  ©2013	
  Tom Nora - - 27 . IV . 2013
Big E-Commerce Business Trends
Lower	
  Barriers	
  to	
  Entry	
  	
  	
  	
  	
  	
  (=	
  	
  Higher	
  Barriers	
  to	
  Success)	
  
General	
  	
  TO	
  	
  Niche	
  
Busy,	
  Complex	
  	
  TO	
  	
  Simple,	
  Big	
  Images	
  
Bricks/Mortar	
  to	
  Dot-­‐Com	
  	
  TO	
  	
  Day	
  1	
  as	
  Dot-­‐Com	
  (Amazon,	
  Ebay,…)	
  
Home	
  Computer	
  	
  TO	
  	
  Mobile,	
  Passive	
  E-­‐Payments	
  
(neoREY	
  Plug)	
  
Q.E.D.	
  	
  …	
  Lots	
  of	
  Winners	
  in	
  LA	
  
Tech-­‐In-­‐Mo*on	
  /	
  Startup	
  Workshops	
  	
  -­‐	
  -­‐	
  The	
  Future	
  of	
  	
  E-­‐Commerce	
  Technologies	
  	
  -­‐	
  -­‐	
  	
  ©2013	
  Tom Nora - - 27 . IV . 2013
Mobile Growing Quickly
= iOS, Android, MS?
Tech-­‐In-­‐Mo*on	
  /	
  Startup	
  Workshops	
  	
  -­‐	
  -­‐	
  The	
  Future	
  of	
  	
  E-­‐Commerce	
  Technologies	
  	
  -­‐	
  -­‐	
  	
  ©2013	
  Tom Nora - - 27 . IV . 2013
So Cal based X-Commerce VC Fundings
•  HauteLook	
   	
  $41M	
   	
  acq.	
  by	
  Nordstrom	
  $270M	
  
•  Beachmint	
   	
  $73M	
   	
  Silicon	
  Valley	
  VCs	
  
•  JustFab	
   	
   	
  $110M 	
  monthly	
  VIP	
  memberships	
  
•  Sole	
  Society 	
  $20M	
   	
  HauteLook	
  founder	
  
•  ShoeDazzle 	
  $66M	
   	
  Mrs.	
  Kanye;	
  13M	
  members	
  
•  $	
  Shave	
  Club 	
  $11M	
   	
  launch	
  2012;	
  Top	
  VCs	
  
	
  	
  	
  $320M	
  right	
  here,	
  	
  	
  	
  	
  	
  	
  plus…	
  
• Drum	
  Roll………………..	
  
Tech-­‐In-­‐Mo*on	
  /	
  Startup	
  Workshops	
  	
  -­‐	
  -­‐	
  The	
  Future	
  of	
  	
  E-­‐Commerce	
  Technologies	
  	
  -­‐	
  -­‐	
  	
  ©2013	
  Tom Nora - - 27 . IV . 2013
Wanna be
a Nasty
Girl Gal…
Tech-­‐In-­‐Mo*on	
  /	
  Startup	
  Workshops	
  	
  -­‐	
  -­‐	
  The	
  Future	
  of	
  	
  E-­‐Commerce	
  Technologies	
  	
  -­‐	
  -­‐	
  	
  ©2013	
  Tom Nora - - 27 . IV . 2013
NastyGal.com Case Study
• Founder	
  working	
  for	
  $13.	
  per	
  hour	
  2006	
  
• Ebay	
  +	
  Thria	
  Stores	
  2008-­‐2010	
  
• Moved	
  to	
  LA	
  2009	
  
• Raised	
  $50M	
  in	
  2012	
  at	
  $30-­‐100M	
  valua*on	
  
• Current	
  Valua*on	
  =	
  $500-­‐900M	
  
• Over	
  200	
  job	
  openings	
  
• Built	
  on	
  Drupal!	
  /	
  PHP	
  based	
  website	
  
Tech-­‐In-­‐Mo*on	
  /	
  Startup	
  Workshops	
  	
  -­‐	
  -­‐	
  The	
  Future	
  of	
  	
  E-­‐Commerce	
  Technologies	
  	
  -­‐	
  -­‐	
  	
  ©2013	
  Tom Nora - - 27 . IV . 2013
Nasty Gal Business Model
Very	
  Expensive	
  >>	
  “Designer”	
  
Proprietary	
  Designs	
  >	
  Their	
  Own	
  Manufacturer	
  
High	
  Margin	
  Vintage	
  =	
  Givency,	
  YSL,	
  Versace	
  
2012	
  
$130M	
  Rev;	
  $100M	
  Net	
  
2009  	
  -­‐	
  -­‐	
  1.1M	
  
2010  	
  -­‐	
  -­‐	
  6.5M 	
  	
  
2011	
  -­‐	
  -­‐	
  28M	
  
2012	
  -­‐	
  -­‐	
  130M	
  
Tech-­‐In-­‐Mo*on	
  /	
  Startup	
  Workshops	
  	
  -­‐	
  -­‐	
  The	
  Future	
  of	
  	
  E-­‐Commerce	
  Technologies	
  	
  -­‐	
  -­‐	
  	
  ©2013	
  Tom Nora - - 27 . IV . 2013
E-Commerce Design Trends
Quieter.	
  	
  	
  	
  	
  Subtle.	
  	
  	
  	
  	
  Warm	
  &	
  Fuzzy.	
  
All	
  Images.	
  	
  	
  	
  	
  	
  	
  	
  Very	
  Prehy.	
  
Standardiza*on.	
  	
  	
  	
  Big	
  Buhons.	
  
Simple.	
  	
  	
  	
  	
  	
  	
  	
  Fun.	
  	
  	
  	
  	
  	
  	
  	
  	
  Fast.	
  
Tech-­‐In-­‐Mo*on	
  /	
  Startup	
  Workshops	
  	
  -­‐	
  -­‐	
  The	
  Future	
  of	
  	
  E-­‐Commerce	
  Technologies	
  	
  -­‐	
  -­‐	
  	
  ©2013	
  Tom Nora - - 27 . IV . 2013
Tech-­‐In-­‐Mo*on	
  /	
  Startup	
  Workshops	
  	
  -­‐	
  -­‐	
  The	
  Future	
  of	
  	
  E-­‐Commerce	
  Technologies	
  	
  -­‐	
  -­‐	
  	
  ©2013	
  Tom Nora - - 27 . IV . 2013
Tech-­‐In-­‐Mo*on	
  /	
  Startup	
  Workshops	
  	
  -­‐	
  -­‐	
  The	
  Future	
  of	
  	
  E-­‐Commerce	
  Technologies	
  	
  -­‐	
  -­‐	
  	
  ©2013	
  Tom Nora - - 27 . IV . 2013
Tech-­‐In-­‐Mo*on	
  /	
  Startup	
  Workshops	
  	
  -­‐	
  -­‐	
  The	
  Future	
  of	
  	
  E-­‐Commerce	
  Technologies	
  	
  -­‐	
  -­‐	
  	
  ©2013	
  Tom Nora - - 27 . IV . 2013
Tech-­‐In-­‐Mo*on	
  /	
  Startup	
  Workshops	
  	
  -­‐	
  -­‐	
  The	
  Future	
  of	
  	
  E-­‐Commerce	
  Technologies	
  	
  -­‐	
  -­‐	
  	
  ©2013	
  Tom Nora - - 27 . IV . 2013
Tech-­‐In-­‐Mo*on	
  /	
  Startup	
  Workshops	
  	
  -­‐	
  -­‐	
  The	
  Future	
  of	
  	
  E-­‐Commerce	
  Technologies	
  	
  -­‐	
  -­‐	
  	
  ©2013	
  Tom Nora - - 27 . IV . 2013
Anatomy of a Failure:
Pop-Up Pantry
Tech-­‐In-­‐Mo*on	
  /	
  Startup	
  Workshops	
  	
  -­‐	
  -­‐	
  The	
  Future	
  of	
  	
  E-­‐Commerce	
  Technologies	
  	
  -­‐	
  -­‐	
  	
  ©2013	
  Tom Nora - - 27 . IV . 2013
E-Commerce Technology Trends
2000	
  
Client-­‐Server	
  
Heavy	
  Client	
  
Big	
  
Java/RDBMS	
  
Delays	
  
2010	
  
Web	
  Based	
  
Boring	
  UI	
  
Busy	
  
Thin	
  Clients	
  
Flexible	
  Cloud	
  
LAMP	
  
iOS/Android	
  Na*ve	
  
NEXT	
  2014	
  
Responsive	
  
H5/C3/JS	
  
No	
  Coding	
  
PHP	
  
NoSQLs	
  
Personal	
  Drupal	
  /	
  xAMP	
  
Tech-­‐In-­‐Mo*on	
  /	
  Startup	
  Workshops	
  	
  -­‐	
  -­‐	
  The	
  Future	
  of	
  	
  E-­‐Commerce	
  Technologies	
  	
  -­‐	
  -­‐	
  	
  ©2013	
  Tom Nora - - 27 . IV . 2013
E-Com Tech >> Where It’s Going
Responsive 	
   	
  Design,	
  Test,	
  Tweak,	
  Iterate	
  
HTML5/JS 	
   	
  Infinite	
  adjustment;	
  JS	
  back	
  end,	
  Node.js	
  
PHP 	
   	
   	
   	
  Massive	
  army	
  of	
  amateur	
  coders	
  
NoSQLs 	
   	
   	
  100x	
  Faster,	
  Mongo,	
  Big	
  Data	
  Tools	
  
Drupal? 	
   	
   	
  Look	
  out	
  for	
  this..	
  	
  PHP	
  based	
  full	
  stack	
  	
  
	
  	
   	
   	
   	
   	
  >>>	
  With	
  No	
  Coding 	
   	
   	
   	
   	
   	
  	
  
	
   	
   	
   	
   	
   	
  Grammys,	
  GILT,	
  Whitehouse.gov,	
  Drupal	
  Commerce.	
  	
  
	
   	
   	
   	
   	
   	
  N-­‐N-­‐NastyGal	
  	
  =	
  	
  	
  $500M	
  value	
  in	
  3	
  years	
  
Tech-­‐In-­‐Mo*on	
  /	
  Startup	
  Workshops	
  	
  -­‐	
  -­‐	
  The	
  Future	
  of	
  	
  E-­‐Commerce	
  Technologies	
  	
  -­‐	
  -­‐	
  	
  ©2013	
  Tom Nora - - 27 . IV . 2013
How Do I Get In On This???
Two roads diverged in a yellow wood….
1.  The	
  $80-­‐100K	
  Job	
  
•  Tons	
  of	
  Openings	
  in	
  So	
  Cal	
  
•  Good	
  Old	
  Boys	
  Club	
  	
  >>	
  	
  	
  Uh….	
  	
  	
  Workbridge?	
  
•  Many	
  Non-­‐Tech	
  Jobs	
  in	
  E-­‐Comm.	
  
2.  Do	
  Your	
  Own	
  
•  Many	
  levels	
  of	
  entry	
  –	
  Amazon	
  to	
  Java	
  
•  SEO,	
  SEM,	
  Social	
  Media,	
  Sell	
  Every	
  Day	
  	
  >>	
  	
  Find	
  Partners	
  
•  Talk	
  to	
  Online	
  Marke*ng	
  Experts	
  	
  >>	
  	
  	
  Evan	
  
Tech-­‐In-­‐Mo*on	
  /	
  Startup	
  Workshops	
  	
  -­‐	
  -­‐	
  The	
  Future	
  of	
  	
  E-­‐Commerce	
  Technologies	
  	
  -­‐	
  -­‐	
  	
  ©2013	
  Tom Nora - - 27 . IV . 2013
No Matter What…
Give	
  Before	
  you	
  get.	
  
Be	
  Real.	
  
A	
  Lihle	
  Help	
  From	
  Your	
  Friends.	
  
Network	
  like	
  a	
  fool.	
  Pancakes.	
  
Use	
  These	
  2	
  Groups.	
  
	
  Study	
  PHP.	
  
Tech-­‐In-­‐Mo*on	
  /	
  Startup	
  Workshops	
  	
  -­‐	
  -­‐	
  The	
  Future	
  of	
  	
  E-­‐Commerce	
  Technologies	
  	
  -­‐	
  -­‐	
  	
  ©2013	
  Tom Nora - - 27 . IV . 2013
Your First PHP Lesson
<?php 
echo “Hello World!”;
?>
prints out Hello World!
Tech-­‐In-­‐Mo*on	
  /	
  Startup	
  Workshops	
  	
  -­‐	
  -­‐	
  The	
  Future	
  of	
  	
  E-­‐Commerce	
  Technologies	
  	
  -­‐	
  -­‐	
  	
  ©2013	
  Tom Nora - - 27 . IV . 2013
More Info
Programming	
  
Codecademy.	
  	
  	
  Udemy.	
  
Kahn	
  Academy.	
  	
  Hacker	
  News.	
  
General	
  
Techcrunch.	
  	
  Crunchbase.	
  	
  Angel.co	
  	
  LinkedIn.	
  	
  SoCalTech.	
  
My	
  Blog	
  
The	
  Startup	
  CEO	
  =	
  tomnora.wordpress.com	
  
Tech-­‐In-­‐Mo*on	
  /	
  Startup	
  Workshops	
  	
  -­‐	
  -­‐	
  The	
  Future	
  of	
  	
  E-­‐Commerce	
  Technologies	
  	
  -­‐	
  -­‐	
  	
  ©2013	
  Tom Nora - - 27 . IV . 2013
Australian E-Commerce Trends
Tech-­‐In-­‐Mo*on	
  /	
  Startup	
  Workshops	
  	
  -­‐	
  -­‐	
  The	
  Future	
  of	
  	
  E-­‐Commerce	
  Technologies	
  	
  -­‐	
  -­‐	
  	
  ©2013	
  Tom Nora - - 27 . IV . 2013
Contact Info:
Tom Nora
<	
  tomnora2020@gmail.com	
  >	
  
TWITTER:	
  	
  	
  	
  @tomnora	
  	
  	
  	
  @cowlow	
  
Connect	
  with	
  me	
  on	
  Facebook	
  and	
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The Future of E commerce-20130502

  • 1. Tech-­‐In-­‐Mo*on  /  Startup  Workshops    -­‐  -­‐  The  Future  of    E-­‐Commerce  Technologies    -­‐  -­‐    ©2013  Tom Nora - - 27 . IV . 2013 The Next Generation of E-Commerce Technologies Tom Nora May  2013   WORKBRIDGE  |  JOBSPRING  
  • 2. Tech-­‐In-­‐Mo*on  /  Startup  Workshops    -­‐  -­‐  The  Future  of    E-­‐Commerce  Technologies    -­‐  -­‐    ©2013  Tom Nora - - 27 . IV . 2013 Opening Credits Tech-­‐In-­‐Mo*on:  OC   Workbridge  Associates   Jobspring  Partners   Startup  Workshops  
  • 3. Tech-­‐In-­‐Mo*on  /  Startup  Workshops    -­‐  -­‐  The  Future  of    E-­‐Commerce  Technologies    -­‐  -­‐    ©2013  Tom Nora - - 27 . IV . 2013 My Background •  Engineer  >>  Sales  &  Marke*ng  >>  CEO   Ö  Founded  and/or  led  5  VC  backed  Startups  as  CEO   •  Several  successful  Exits,  M&A,  IPOs   Ö  Mostly  Internet  SoXware  Cos.   •  Startup  Consultant,  Mentor,  Psychologist  since  ~2003   • Current:   • neoREY.com      Biometric  Payments  &  Access   • Startup  Workshops,  becoming  its  own  startup!   • Consul*ng  
  • 4. Tech-­‐In-­‐Mo*on  /  Startup  Workshops    -­‐  -­‐  The  Future  of    E-­‐Commerce  Technologies    -­‐  -­‐    ©2013  Tom Nora - - 27 . IV . 2013 My Other Series “The Scalable Startup” Part  1          First  Mee*ng  to  Launch   Part  2          First  Funding,  Funding  Lifecycle  (+Legal)   Part  3          Idea  to  Product,  Produc*za*on   Part  4          The  Turnaround  -­‐  Fixing  your  Revenue  Curve  
  • 5. Tech-­‐In-­‐Mo*on  /  Startup  Workshops    -­‐  -­‐  The  Future  of    E-­‐Commerce  Technologies    -­‐  -­‐    ©2013  Tom Nora - - 27 . IV . 2013 E-Commerce Background • Early-­‐early  in  the  E-­‐commerce  Industry   Ö Roguewave  SoXware  -­‐  -­‐  1996   • SW  Tools,  hand-­‐coded  C++;  VC  Backed   Ö Wonders  of  the  West    -­‐  -­‐  1999   • Online  Art  Gallery  based  in  Durango,  Colorado   Ö Liglefish  Commerce  -­‐  -­‐  2000   • Pooled  PlaHorm  -­‐  -­‐  Java/J2EE/Weblogic;  VC  Backed   • 2009  –  Now:   • iOS,  JS,  MySQL,  Drupal/PHP,  Cloud        (yes  Drupal)  
  • 6. Tech-­‐In-­‐Mo*on  /  Startup  Workshops    -­‐  -­‐  The  Future  of    E-­‐Commerce  Technologies    -­‐  -­‐    ©2013  Tom Nora - - 27 . IV . 2013 New Themes SCommerce            RCommerce          FCommerce              MCommerce         Images  Everywhere              Intui*ve  UI   Graphical  Beauty  (=  Great  Usability)   No  Less  Delays              DIY              The  15  Minute  Website   E-­‐Payments                  Mobile  Wallet              Keyless  Entry  
  • 7. Tech-­‐In-­‐Mo*on  /  Startup  Workshops    -­‐  -­‐  The  Future  of    E-­‐Commerce  Technologies    -­‐  -­‐    ©2013  Tom Nora - - 27 . IV . 2013 Biggest Market Impacts (Buyer and Seller) Comfort  Buying  Online   Smartphones   Simplicity   The  New  Experience   Urgency  
  • 8. Tech-­‐In-­‐Mo*on  /  Startup  Workshops    -­‐  -­‐  The  Future  of    E-­‐Commerce  Technologies    -­‐  -­‐    ©2013  Tom Nora - - 27 . IV . 2013 Biggest Technology Impacts Server  Side   Scrip*ng   Pregy  Pictures,   Anima*on   Apple,  Android  
  • 9. Tech-­‐In-­‐Mo*on  /  Startup  Workshops    -­‐  -­‐  The  Future  of    E-­‐Commerce  Technologies    -­‐  -­‐    ©2013  Tom Nora - - 27 . IV . 2013 E-Commerce: Business Model Trending Less  “Middle  Men”   Lower  Retail,  More  Margin   Convenient  
  • 10. Tech-­‐In-­‐Mo*on  /  Startup  Workshops    -­‐  -­‐  The  Future  of    E-­‐Commerce  Technologies    -­‐  -­‐    ©2013  Tom Nora - - 27 . IV . 2013 Big E-Commerce Business Trends Lower  Barriers  to  Entry            (=    Higher  Barriers  to  Success)   General    TO    Niche   Busy,  Complex    TO    Simple,  Big  Images   Bricks/Mortar  to  Dot-­‐Com    TO    Day  1  as  Dot-­‐Com  (Amazon,  Ebay,…)   Home  Computer    TO    Mobile,  Passive  E-­‐Payments   (neoREY  Plug)   Q.E.D.    …  Lots  of  Winners  in  LA  
  • 11. Tech-­‐In-­‐Mo*on  /  Startup  Workshops    -­‐  -­‐  The  Future  of    E-­‐Commerce  Technologies    -­‐  -­‐    ©2013  Tom Nora - - 27 . IV . 2013 Mobile Growing Quickly = iOS, Android, MS?
  • 12. Tech-­‐In-­‐Mo*on  /  Startup  Workshops    -­‐  -­‐  The  Future  of    E-­‐Commerce  Technologies    -­‐  -­‐    ©2013  Tom Nora - - 27 . IV . 2013 So Cal based X-Commerce VC Fundings •  HauteLook    $41M    acq.  by  Nordstrom  $270M   •  Beachmint    $73M    Silicon  Valley  VCs   •  JustFab      $110M  monthly  VIP  memberships   •  Sole  Society  $20M    HauteLook  founder   •  ShoeDazzle  $66M    Mrs.  Kanye;  13M  members   •  $  Shave  Club  $11M    launch  2012;  Top  VCs        $320M  right  here,              plus…   • Drum  Roll………………..  
  • 13. Tech-­‐In-­‐Mo*on  /  Startup  Workshops    -­‐  -­‐  The  Future  of    E-­‐Commerce  Technologies    -­‐  -­‐    ©2013  Tom Nora - - 27 . IV . 2013 Wanna be a Nasty Girl Gal…
  • 14. Tech-­‐In-­‐Mo*on  /  Startup  Workshops    -­‐  -­‐  The  Future  of    E-­‐Commerce  Technologies    -­‐  -­‐    ©2013  Tom Nora - - 27 . IV . 2013 NastyGal.com Case Study • Founder  working  for  $13.  per  hour  2006   • Ebay  +  Thria  Stores  2008-­‐2010   • Moved  to  LA  2009   • Raised  $50M  in  2012  at  $30-­‐100M  valua*on   • Current  Valua*on  =  $500-­‐900M   • Over  200  job  openings   • Built  on  Drupal!  /  PHP  based  website  
  • 15. Tech-­‐In-­‐Mo*on  /  Startup  Workshops    -­‐  -­‐  The  Future  of    E-­‐Commerce  Technologies    -­‐  -­‐    ©2013  Tom Nora - - 27 . IV . 2013 Nasty Gal Business Model Very  Expensive  >>  “Designer”   Proprietary  Designs  >  Their  Own  Manufacturer   High  Margin  Vintage  =  Givency,  YSL,  Versace   2012   $130M  Rev;  $100M  Net   2009   -­‐  -­‐  1.1M   2010   -­‐  -­‐  6.5M     2011  -­‐  -­‐  28M   2012  -­‐  -­‐  130M  
  • 16. Tech-­‐In-­‐Mo*on  /  Startup  Workshops    -­‐  -­‐  The  Future  of    E-­‐Commerce  Technologies    -­‐  -­‐    ©2013  Tom Nora - - 27 . IV . 2013 E-Commerce Design Trends Quieter.          Subtle.          Warm  &  Fuzzy.   All  Images.                Very  Prehy.   Standardiza*on.        Big  Buhons.   Simple.                Fun.                  Fast.  
  • 17. Tech-­‐In-­‐Mo*on  /  Startup  Workshops    -­‐  -­‐  The  Future  of    E-­‐Commerce  Technologies    -­‐  -­‐    ©2013  Tom Nora - - 27 . IV . 2013
  • 18. Tech-­‐In-­‐Mo*on  /  Startup  Workshops    -­‐  -­‐  The  Future  of    E-­‐Commerce  Technologies    -­‐  -­‐    ©2013  Tom Nora - - 27 . IV . 2013
  • 19. Tech-­‐In-­‐Mo*on  /  Startup  Workshops    -­‐  -­‐  The  Future  of    E-­‐Commerce  Technologies    -­‐  -­‐    ©2013  Tom Nora - - 27 . IV . 2013
  • 20. Tech-­‐In-­‐Mo*on  /  Startup  Workshops    -­‐  -­‐  The  Future  of    E-­‐Commerce  Technologies    -­‐  -­‐    ©2013  Tom Nora - - 27 . IV . 2013
  • 21. Tech-­‐In-­‐Mo*on  /  Startup  Workshops    -­‐  -­‐  The  Future  of    E-­‐Commerce  Technologies    -­‐  -­‐    ©2013  Tom Nora - - 27 . IV . 2013
  • 22. Tech-­‐In-­‐Mo*on  /  Startup  Workshops    -­‐  -­‐  The  Future  of    E-­‐Commerce  Technologies    -­‐  -­‐    ©2013  Tom Nora - - 27 . IV . 2013 Anatomy of a Failure: Pop-Up Pantry
  • 23. Tech-­‐In-­‐Mo*on  /  Startup  Workshops    -­‐  -­‐  The  Future  of    E-­‐Commerce  Technologies    -­‐  -­‐    ©2013  Tom Nora - - 27 . IV . 2013 E-Commerce Technology Trends 2000   Client-­‐Server   Heavy  Client   Big   Java/RDBMS   Delays   2010   Web  Based   Boring  UI   Busy   Thin  Clients   Flexible  Cloud   LAMP   iOS/Android  Na*ve   NEXT  2014   Responsive   H5/C3/JS   No  Coding   PHP   NoSQLs   Personal  Drupal  /  xAMP  
  • 24. Tech-­‐In-­‐Mo*on  /  Startup  Workshops    -­‐  -­‐  The  Future  of    E-­‐Commerce  Technologies    -­‐  -­‐    ©2013  Tom Nora - - 27 . IV . 2013 E-Com Tech >> Where It’s Going Responsive    Design,  Test,  Tweak,  Iterate   HTML5/JS    Infinite  adjustment;  JS  back  end,  Node.js   PHP        Massive  army  of  amateur  coders   NoSQLs      100x  Faster,  Mongo,  Big  Data  Tools   Drupal?      Look  out  for  this..    PHP  based  full  stack                >>>  With  No  Coding                          Grammys,  GILT,  Whitehouse.gov,  Drupal  Commerce.                N-­‐N-­‐NastyGal    =      $500M  value  in  3  years  
  • 25. Tech-­‐In-­‐Mo*on  /  Startup  Workshops    -­‐  -­‐  The  Future  of    E-­‐Commerce  Technologies    -­‐  -­‐    ©2013  Tom Nora - - 27 . IV . 2013 How Do I Get In On This??? Two roads diverged in a yellow wood…. 1.  The  $80-­‐100K  Job   •  Tons  of  Openings  in  So  Cal   •  Good  Old  Boys  Club    >>      Uh….      Workbridge?   •  Many  Non-­‐Tech  Jobs  in  E-­‐Comm.   2.  Do  Your  Own   •  Many  levels  of  entry  –  Amazon  to  Java   •  SEO,  SEM,  Social  Media,  Sell  Every  Day    >>    Find  Partners   •  Talk  to  Online  Marke*ng  Experts    >>      Evan  
  • 26. Tech-­‐In-­‐Mo*on  /  Startup  Workshops    -­‐  -­‐  The  Future  of    E-­‐Commerce  Technologies    -­‐  -­‐    ©2013  Tom Nora - - 27 . IV . 2013 No Matter What… Give  Before  you  get.   Be  Real.   A  Lihle  Help  From  Your  Friends.   Network  like  a  fool.  Pancakes.   Use  These  2  Groups.    Study  PHP.  
  • 27. Tech-­‐In-­‐Mo*on  /  Startup  Workshops    -­‐  -­‐  The  Future  of    E-­‐Commerce  Technologies    -­‐  -­‐    ©2013  Tom Nora - - 27 . IV . 2013 Your First PHP Lesson <?php echo “Hello World!”; ?> prints out Hello World!
  • 28. Tech-­‐In-­‐Mo*on  /  Startup  Workshops    -­‐  -­‐  The  Future  of    E-­‐Commerce  Technologies    -­‐  -­‐    ©2013  Tom Nora - - 27 . IV . 2013 More Info Programming   Codecademy.      Udemy.   Kahn  Academy.    Hacker  News.   General   Techcrunch.    Crunchbase.    Angel.co    LinkedIn.    SoCalTech.   My  Blog   The  Startup  CEO  =  tomnora.wordpress.com  
  • 29. Tech-­‐In-­‐Mo*on  /  Startup  Workshops    -­‐  -­‐  The  Future  of    E-­‐Commerce  Technologies    -­‐  -­‐    ©2013  Tom Nora - - 27 . IV . 2013 Australian E-Commerce Trends
  • 30. Tech-­‐In-­‐Mo*on  /  Startup  Workshops    -­‐  -­‐  The  Future  of    E-­‐Commerce  Technologies    -­‐  -­‐    ©2013  Tom Nora - - 27 . IV . 2013 Contact Info: Tom Nora <  tomnora2020@gmail.com  >   TWITTER:        @tomnora        @cowlow   Connect  with  me  on  Facebook  and  LinkedIn