As the rise of millennials becoming entrepreneurs hits an all-time high, social commerce platform Moteefe has enabled hundreds of self-starters to create significant revenue streams through their own online businesses.

Social commerce is the usage of social media to drive online sales and is the fastest growing area of e-commerce. Sellers on the Moteefe platform can create custom products based on user’s hobbies, passions, political views and locations; all before selling to specific target audiences via social networking platforms such as Facebook and Instagram.

With millions of sales through the site in 2016 – its first full year in the market – and with a month on month overall growth of 35%, the social commerce platform is seeing a large portion of sellers quit the daily 9-5 in favour of growing their own online businesses. The first sellers to quit their jobs to work full-time on their Moteefe campaigns earned, on average, their annual salary in just 6 months, with one seller making over £200,000 in just one month in 2016.

Between 2011 and 2015, social commerce experienced significant growth – leaping from $5 billion in sales annually to $30 billion in just four years – and one in seven of the UK workforce were classed as ‘freelancers’ in 2016 according to the Office for National Statistics. With advances in technology and cloud-based software driving this trend, many entrepreneurs are waving goodbye to the rigid four walls of the office in favour of the ‘laptop lifestyle’.

Moteefe’s CEO Mathijs Eefting said: “Today’s technology-driven culture is enabling young entrepreneurs the opportunities to work on what they’re passionate about, become their own boss and make a considerable amount of money. Many millennials simply want the freedom to work hard and become their own boss, and Moteefe provides a risk-free opportunity to do just that.

“It’s much more than designing and selling t-shirts. We knew our main aim was to help people build their own businesses but seeing the increasing numbers of people working with us full-time only 18 months after the platform launched is mind-blowing.”

With Moteefe currently completing its second round of funding in the coming weeks, the platform will be further expanding its opportunities in the ever-increasing social media-led industry in 2017. By 2020, the company aims to provide full-time income streams to thousands of young entrepreneurs around the world.

-ENDS-

Notes to Editors:
Moteefe is a social commerce platform providing a solution for users to sell customised products through social media. The solution enables social commerce entrepreneurs to monetise their online communities.

Moteefe provides an end-to-end solution and eliminates the need for their entrepreneurs to source a supply chain, manage production, distribute a product on time, deal with a constant supply of customer queries, run a dedicated website… Moteefe takes care of it all. The platform provides all the heavy lifting and expertise to help entrepreneurs create and market successful products, ensuring that nothing stands in the way of their great idea.

Founded in 2015 by Mathijs Eefting, Lev Kundin and Olivier Stapylton-Smith who met while completing their MBA at INSEAD in 2014, the company is backed by Ascension Ventures and Fuel Ventures and is currently based in West London.

Contact:
Rebecca Crutchley
pr@moteefe.com / rebecca@moteefe.com
www.moteefe.com