By Maria DerchiThis week, eCommerce legends of renowned brands like Gilt, Bonobos, Glow and Hims & Hers came together in Miami for OpenStore’s inaugural OpenStore Live event. In attendance were 55 Shopify merchants representing over $75 million in annual revenue from across North America. Refresh Miami had a front row seat to the action-packed summit to bring you some key takeaways.The day kicked off with a panel of three eCommerce business owners discussing the path from ‘Startup to Exit’. What they shared:LOOK FOR PAIN POINTS : Miguel Facusse, founder of Jack Archer (which sold to OpenStore in 2021), originally came up with the business idea by reading Reddit threads. He searched on ‘male fashion advice’, then filtered by ‘I hate it when’ to discover what the biggest pain points were. A common pain point was consistency so he set out to create a product that would outperform competitors on this basis of quality.: Miguel Facusse, founder of Jack Archer (which sold to OpenStore in 2021), originally came up with the business idea by reading Reddit threads

We’re thrilled to have the opportunity to work more closely with the OpenStore team with Okendo being selected as their preferred ratings and reviews provider -- Okendo Co-Founder and CEO Matthew Goodman. Okendo, a customer marketing platform, announced today that they’ve been selected to deploy Okendo’s industry-leading ratings and reviews platform across OpenStore’s portfolio of ecommerce brands. In the first phase, Okendo’s integrated product suite will be installed across OpenStore’s brands as part of a broader initiative to assemble an industry-leading marketing tech stack proven to optimize performance, improve the shopping experience, and ultimately drive growth