11. # of Products Shipping
40
35
30
25
20
15
10
Jan 2011
Feb 2011
Mar 2011
Apr 2011
May 2011
Jun 2011
Jul 2011
Aug 2011
Sep 2011
Oct 2011
Nov 2011
Dec 2011
14. Ja
-
200,000.00
400,000.00
600,000.00
800,000.00
1,000,000.00
1,200,000.00
1,400,000.00
1,600,000.00
n
20
Fe 10
b
20
M 10
ar
20
10
Ap
r2
01
M 0
ay
20
Ju 10
n
20
10
Ju
l2
01
Au 0
g
20
Se 10
p
20
O 1
ct 0
20
No 10
v
20
De 10
c
20
Ja 10
n
20
Fe 11
b
20
M 1
Product Revenue
ar 1
20
Ap 11
r2
01
M
ay 1
20
Ju 11
n
20
11
Ju
l2
01
Au 1
g
20
Se 11
p
20
O 1
ct 1
20
No 11
v
20
De 11
c
20
11
27. Top Earners
1. Jake Zien
2. Stephen Stewart
3. Jeff Scholen
4. Kevin Joyce
5. Clinton Fleenor
6. Matthew Fleming
7. Joshua Wright
8. Michael Cavada
9. Emad Yahia
10. James Robinson
63.26% went to the top 100
33. 2011 Direct
200000
Direct Revenue
150000
100000
new shop
50000
0
January February March April May June July August September October November December
37. PRESS (since last town meeting)
• ABC News Now
• Bloomberg Business Week
• Chicago Sun Times
• Family Circle
• Good Housekeeping
• InStyle Magazine
• New York Post
• San Francisco Chronicle
• Time Out New York
• Vanity Fair
• Washington Post
• Woman’s Day
• Yahoo!
38. UPCOMING
• New York Post: Product story - February 16
• CNBC: “In the Making” - February 27
• MSN: “Business on Main” - February 27
• Crain’s New York Business - March
• Family Circle: Pivot Power story - March
• International Business Times - March
• Economist - April
• Real Simple: Featuring Tether - May
• Nate Berkus Show: Featuring Contour
Inventor Tracie Beer - May 8
55. (up 9x from this time in 2011)
• Since Jan 1st
• Cordies Gray (1334pcs)
• Pivot Power White (461pcs)
• Thor (419pcs)
• Pivot Power Black (402pcs)
• Cordies White (375pcs)
• Plug Hub (304pcs)
• Sell Thru
• YTD sell through- $60,000
• Average daily sell thru- $1276.59
• Sell In YTD sell in- $74,244
98. 1 50 1
IDEA
0
SUBMISSIONS
PER WEEK
(AND RISING)
99. Ja
-
5,000
10,000
15,000
20,000
25,000
30,000
35,000
n
20
Fe 10
b
20
M 10
ar
20
10
Ap
r2
01
M 0
ay
20
10
Ju
n
20
10
Ju
l2
01
Au 0
g
20
Se 10
p
20
O 10
ct
20
No 10
v
20
De 10
c
20
Ja 10
n
20
Fe 11
b
20
M 11
ar
20
Ap 11
r2
01
M
ay 1
Cumulative Idea Submissions
20
Ju 11
n
20
11
Ju
l2
01
Au 1
g
20
Se 11
p
20
O 11
ct
20
No 11
v
20
De 11
c
20
11
100. we don’t see this as
great news (yet)...
and neither do you.
101. • More ideas to sort through
• Similar Ideas more common
• Harder to identify great ones / stand out
• Influence is harder to come by
• Collaboration has been impeded
• Lower probability of being chosen
• “it’s not fun”
108. • Make The Quirky Process More
Valuable For Every Inventor
• Develop Ideas That Have Potential
For True Innovation
• Pick Products That Are More Likely
To Be Made
109. Encourage and reward users for helping
refine their peers’ ideas. Involve Quirky staff
in ideas before selection.
117. Eval Influence Breakdown
• Eval Project Becomes 60% of overall product influence by default
(default is currently 50%)
• Inventor’s Share is 70% (42% Overall)
• Collaboration Share is 10% (6% Overall)
• Comp Shop Share is 5% (3% Overall)
• Winning Vote Share is 10% (6% Overall)
• Losing Vote Share is 5% (3% Overall)
• Collaboration Influence goes to the winning voters if there are no
accepted collaborations.
125. • Duplicate detection for Naming & Tagline now live
• Flagging for similar ideas now live. Refining methods to
automatically detect similar ideas.
• New Profile and Welcome pages in the next two weeks
• Email Overhaul Nearing Completion
• Relentlessly working on site errors and slowdowns. 99.5%
uptime in Jan, looking to significantly up that in Feb.
• Still working on new Social Sales system
• Working on Improving Ideator Feedback
138. Goals for this year
• Deliver quality product through a
fantastic Inventor / Influencer
experience
• Retail Account Management
• Fill Key Positions
