Bagisto: Empowering eCommerce Success – How it Grew to $38k/month

Bagisto is an open-source e-commerce platform built on top of the Laravel framework. It provides flexible and extendable e-commerce solutions tailored to the specific business needs. Bagisto has many built-in features that help merchants manage their online stores effectively, including inventory management, product management, and order management.

One of the key benefits of Bagisto is its modularity. This means that developers can add or remove features as needed, making it easy to create a customized e-commerce solution that meets the specific needs of their business. Bagisto also provides a wide range of extensions and plugins that can be used to further extend its functionality.

Bagisto’s inventory management system allows merchants to track their inventory levels, set up low-stock alerts, and manage product variations. This feature ensures that merchants are always aware of their inventory levels and can restock products in a timely manner.

Bagisto’s product management system provides merchants with a powerful set of tools for creating and managing products. This feature includes support for configurable products, product bundles, and product options. Merchants can also set up product attributes and categories to help customers find products quickly and easily.

Bagisto’s order management system enables merchants to manage their orders, track shipments, and process payments. This feature includes support for multiple payment gateways and shipping methods, as well as the ability to manage customer orders and returns.

In summary, Bagisto is an open-source e-commerce platform that provides merchants with a powerful set of tools for managing their online stores. Its modularity, inventory management system, product management system, and order management system make it an excellent choice for businesses of all sizes looking to create a custom e-commerce solution that meets their specific needs.

๐Ÿ“ˆ Monthly revenue: $38,000

๐Ÿ“ˆ ~% Churn: N/A

๐Ÿ“ˆ ~% Net profit: 30%

๐Ÿ“ˆ Funding: N/A

๐Ÿ“ˆ Initial cost/investment to start the company: Do not wish to disclose

๐Ÿ“ˆ Number of team members: 25

๐Ÿ“ˆ Number of founders: 3

๐Ÿ“ˆ Started: 2018, October

How does the company make money?

๐Ÿ’ฐ Bagisto is a free and open-source e-commerce platform, which means it is available for anyone to use and modify without cost. However, Bagisto also provides paid services to help businesses customize and deploy the platform to meet their specific needs. 

๐Ÿ’ฐ Bagisto offers a range of services such as theme customization, custom module development, integration with third-party systems, and technical support. It also provides priority support on the application and DevOps end. 

๐Ÿ’ฐ In addition, Bagisto offers premium add-ons and extensions, which provide additional functionality to the platform. These extensions can be purchased by businesses that want to add specific features to their Bagisto-based online store. 

Therefore, while Bagisto itself is free and open-source, it also generates revenue by providing services, add-ons, and extensions for the platform.

3 strategies that have worked to attract and retain customers? 

โœ… Content Marketing: We have used content marketing to educate and engage its target audience. We regularly publish informative blog posts, tutorials, and videos that help users understand the platform’s features and how to use them effectively. By providing valuable content, Bagisto has established itself as a thought leader in the e-commerce space, which has helped attract and retain customers.

โœ… Building Communities: We have built a strong community of users and developers around our platform. We actively engage with the community through forums, social media, and events. This community has helped drive the adoption of the platform and has also contributed to its development through feedback, bug reports, and feature requests. By building a community around its platform, Bagisto has created a loyal user base that helps promote the platform and contributes to its growth.

โœ… Faster Product Release & Support: We have been releasing new features and updates at a fast pace, which has helped us stay ahead of the competition. We have also provided excellent customer support, with fast response times and helpful solutions. By constantly improving the platform and providing great support, Bagisto has been able to retain customers and attract new ones who appreciate the platform’s reliability and responsiveness.

3 things that youโ€™ve learned about hiring and retaining great talent?

โœ… Hiring people with open-source experience: We value candidates who have previous experience working on open-source projects. We use GitHub to identify talented individuals who have contributed to open-source projects and consider this experience when evaluating candidates. This approach has helped us build a team of talented individuals who have a passion for open-source software.

โœ… Prioritizing cultural fit: We value cultural fit when hiring new team members. We believe that it is important to ensure that new hires share the company’s values and work well with the existing team. During the hiring process, we evaluate candidates based on their ability to collaborate, communicate, and contribute to the team’s culture.

โœ… Providing growth opportunities: We believe in providing employees with opportunities to learn new skills and take on new challenges. We offer training programs, mentorship, and opportunities to work on different projects. By investing in employees’ growth, we have been able to retain top talent and keep them engaged and motivated.


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