When I founded JVZoo.com with Chad Casselman and Bryan Zimmerman, I new it would be something great, but it was the members who joined the site that made it what it is today. It’s an amazing feeling to be a part of something that allows others to create jobs for themselves and a more amazing feeling to see them actually doing it.
This month, the members of JVZoo have reached over $75,000,000 in generated revenue. Not too shabby for just over two years. The following is a press release that was issued to mark the occasion.
Web Entrepreneurs Quietly Create Jobs, Earn $75,000,000 in Two Years
Oviedo, FL August 18, 2014 – JVZoo.com, the premiere online marketplace for digital information products, today announced its members have generated over $75,000,000 in revenue since the site’s launch in 2012, proving it is a force for independent job creation in the wake of global economic hardship.
“JVZoo is an amazing resource for entrepreneurs to turn their knowledge into digital products and recruit hundreds or thousands in their field to promote those products,” said E. Brian Rose, one of the three founders and owners of JVZoo. “Whether you are a business consultant, lawyer, real estate agent, or even someone that knows how to build the perfect birdhouse, JVZoo allows you to put your knowledge into a format that can be sold and profited from. While the rest of the world looks for jobs, our members create their own.”
The site boasts over 74,000 products in a wide variety of niches, mostly in the business to business or B2B categories. Product creators, known as vendors, list their products and make them available for others to promote in exchange for commissions. Promoters of products are known as affiliates. They generally use blog sites, social media, email lists, and paid advertising to promote products in the marketplace. Forrester Research forcasted the affiliate marketing industry would reach $4 billion in annual revenue by the end of 2014, mainly driven by online affiliate marketplaces, like JVZoo.
JVZoo is actively adding new features that make it easier for individuals to increase their online sales. The site recently added a social media sharing function, allowing vendors to offer price discounts to buyers that share their purchases with FaceBook friends. “Social proof is the backbone of online sales in 2014 and this new feature makes it easy for vendors to virally spread that proof through the world’s largest social network,” Rose said.
Today, an average of over ten thousand daily transactions are processed through the JVZoo Marketplace, making it one of the world’s leading resources for selling and acquiring digital information.
JVZoo is a privately held online marketplace for digital information products. The site aims to connect creators of digital content with those who will promote the products in exchange for a commission. KillerStartups called the site “the kind of service that you can’t afford to miss.”
The company is a subsidiary of BBC Systems, Inc, which was founded by E. Brian Rose, Bryan Zimmerman, and Chad Casselman in November of 2011. JVZoo launched to the public in 2012. The company has headquarters in Oviedo, Florida and has offices in South Carolina and Mississippi.
Today, JVZoo has over 138,000 members that have generated over $75,000,000 in revenue from more than 74,000 products listed on the site.