09
Jun

Happy Fabiversary - 1 Year of Fab

Today marks the 1 year anniversary of Fab.

What an incredibly rewarding and humbling year it has been.

We launched on June 9, 2011 with tons of passion and hope that we could build the global brand that is synonymous with design for decades and decades to come. We started a year ago with some simple but powerful core beliefs:

  • We believe that everyone everywhere benefits from great design. 
  • We believe that great design exists at every price point and in every category. 
  • We believe that everyone needs more color in their life. 
  • We believe that behind every great design there’s an even greater story.
  • We believe that we are building a team designed for success.
  • We believe that Fab has the potential to be the world’s greatest design resource.
  • We believe that we have a special opportunity to build a brand for the decades. 
  • We believe that customers and partners come first, making money comes second. We care less about making money on each transaction and more about making people smile over the long term. If we make people smile, we’ll make plenty of money over time.
  • We believe that we have a Fab opportunity to be the world’s leading innovator in social commerce.
  • We really do believe in making people smile. Smile, you’re designed to. Duh.

As we embarked on this amazing journey this past year, we never for a second thought that we couldn’t build something big and meaningful. But, we really had no idea if it was possible.

To be honest, we’ve been so busy focusing on making our customers smile through our normal everyday operations that we forgot to plan any big anniversary celebration. (ooops!)

Instead, as we have always done, here’s a transparent look into year 1 of Fab by the numbers. Here’s just some of what we accomplished in year 1 of Fab:

  • Fab’s customers purchased 1.8M products this past year. That’s 3.43 products per minute.

  • We now have 4.75M Fab members. To put that in perspective, it took us 4 months to get to 1 million. We had 1.5M at the end of 2011. 50% of Fab’s members have come via social sharing.

  • 30% to 40% of Fab’s daily visits are now via mobile.

  • Fab is now selling in 20 countries.
     
  • Fab has now worked with more than 5000 design partners.

  • fab now has more 360 team members worldwide.

And, we’re just getting started.

Thank you to all of our partners, customers, and Fab team members who supported us this year. We love you.

Year 1 was fantastic. It was Fabsome. But it’s really just the very beginning.  

Smile, you’re designed to.

Fab exists for one simple reason: To make you smile.

Every day we set out to delight youinspire you, make you laugh, and give you something to look forward to. We strive to provide the best designed website and apps, selling the best designed products, delivered with the best designed service. We want you to literally LOVE your every interaction with Fab.

23 Notes

  1. altvim reblogged this from betashop
  2. flavorpill reblogged this from fab
  3. fab reblogged this from betashop
  4. luncheditor reblogged this from betashop
  5. sneakerheadvc reblogged this from betashop
  6. zacharybk reblogged this from betashop and added:
    I’m excited everyday to be part of this!
  7. betashop posted this

Comments

blog comments powered by Disqus
  •  

About

Betashop is the website of Jason Goldberg,
Founder & Chief Executive Officer at Fab.

Jason founded Fab in 2011 with Bradford Shellhammer (Chief Design Officer) and Nishith Shah (Chief Technology Officer).

Fab is everyday design.

Fab’s mission is to help people better their lives with design. Millions of people around the world use Fab to discover everyday design products at great prices, to connect with the world’s most exciting designers, and to share their favorite design inspirations. Smile, you're designed to.

Some have called Fab "the fastest growing E-commerce company on the planet." We like to say we're just doing our best to serve up great design that makes people smile.

Fab now serves more than 11 million members across 26 countries. Fab grew sales by more than 500% in 2012, one-third of which comes from users of the Fab mobile apps for iPad, iPhone, and Android devices. In February 2013 Fab was named the #5 most innovative company in the World by Fast Company. Fab won the award for Best E-Commerce Company of The Year at The Crunchies in both 2012 and 2011. It's all very humbling and inspiring. The truth is we celebrate our challenges more than our successes at Fab and we're really still just getting started.

Fab is the fourth company Jason founded. Jason previously founded fabulis, socialmedian, and Jobster. In 2009, following the sale of socialmedian to XING AG, Jason was Chief Product Officer at XING, based in Hamburg, Germany. Before starting Jobster in 2004, Jason led product and business initiatives at both T-Mobile USA and AOL Time Warner. In a prior life, Jason spent 6 years working 100 hours a week for Bill Clinton in the White House.

Jason is also an investor in and Board Member at RJ Metrics. He is also an investor in BlackJet and Twitter. Notable prior investments: TweetDeck.

Jason is a product guy. He loves to blog, loves transparency, and loves trying to make people smile. Jason shares everything about Fab on his blog, betashop, at http://betashop.com.

Connect With Me

Get the Fab App

Download on iTunes

Tweets

Facebook

Instagram