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How The Inspiration Company Scaled 50+ Stores with Shopify POS

6/15/2024
The Inspiration Company
The Inspiration Company
theinspirationcompany.com
Denver, United StatesFounded 2017
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Monthly Revenue
$1,170,000
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Founders
Doug & Ashley Waldbueser
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Employees
450
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Business Description

The Inspiration Company is a US-based jewelry brand founded in 2017 by Doug and Ashley Waldbueser. They design and sell uplifting message bracelets across 50+ retail locations and online, driven by a unified Shopify platform to streamline operations and scale sales worldwide.
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Executive Summary

The Inspiration Company launched in 2017 with uplifting bracelets, then outgrew Wix and Square’s systems. By moving everything onto Shopify—from online storefront to POS—they now manage 50+ stores, 450 staff, and $14M in 2022 revenue all from one platform.
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Case Study Content

How The Inspiration Company Turned a Bracelet Idea into a $14M Brand

In 2017, Doug and Ashley Waldbueser began threading simple bracelets with uplifting messages to help through tough times. Their designs struck a chord, and demand exploded. At first, they managed online orders on Wix and ran in-person sales on Square POS.

Early Growth and Fragmented Systems

As orders rolled in from multiple pop-ups, online stores and wholesale accounts, tracking inventory across systems turned into a full-time job. Teams patched together Excel files, phone calls and third-party apps. Rewards programs were expensive to integrate. Every day had a fresh operational headache.

Choosing One Platform

They needed a back office that could handle both ecommerce and point-of-sale in one roof. Migrating their website from Wix to Shopify let them tap a unified dashboard. Switching from Square to Shopify POS instantly tied online stock to store inventory. No more double-entry, no more lost sales.

Streamlining Inventory and Staff

With Shopify, transfers between 50+ locations take seconds. They automate replenishment alerts, so popular bracelets never go out of stock. And with roles and permissions built into Shopify POS, 450 team members get the right level of access. Store managers review sales performance right on the tablet.

Funding and Acceleration

After a successful rollout on Shopify, they tapped Shopify Capital for growth funds. That cash fueled new inventory buys and pop-up event rollouts. In 2022, they recorded more than a 700% uptick in total sales and crossed $14M in annual revenue.

Results in Numbers

Eighty percent of all revenue now comes from in-person sales. Launching a new location takes minutes: enable inventory at a new address and the tablet is live. Plans are in place to open up to 80 pop-ups in late 2023 and expand beyond North America next year.

Looking Ahead

With one platform handling every order, The Inspiration Company can focus on design, brand story and customer experience. Their Shopify tech stack scales effortlessly as they tap new markets and test creative bracelet lines, confident they won’t run into backend bottlenecks.

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Key Takeaways

  • 1Migrating from separate ecommerce and POS systems to Shopify unified all sales channels and eliminated inventory headaches.
  • 2Leveraging Shopify’s roles and permissions allowed The Inspiration Company to manage over 450 staff across 50+ locations from a single dashboard.
  • 3Using Shopify Capital provided growth funding that propelled them to a 700% sales increase and $14M in annual revenue.
  • 4Eighty percent of the brand’s revenue now comes from in-person sales powered by Shopify POS, highlighting the value of multi-channel retail.
  • 5Real-time stock transfers between stores and automated replenishment alerts ensure popular items remain available across all locations.
  • 6Launching new pop-up stores now takes minutes—just designate inventory for the new site and the POS terminal is ready to process orders.
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Key Facts

In-Person Sales Share
80%
Revenue Growth After Shopify
700%
Total 2022 Revenue
$14M
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Tools & Technologies Used

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How to Replicate This Success

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Founders Hut

Founders Hut is a leading online platform dedicated to sharing thousands of in-depth business case studies from successful companies around the globe. Since its launch, Founders Hut has empowered entrepreneurs, marketers, and corporate innovators with actionable insights drawn from real-world successes and failures.

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Disclaimer: Some data in these case studies may be inaccurate or out of date. In certain cases, AI-generated content is used.