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The WordPress Economy
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Giustino Borzacchiello
March 13, 2017
Technology
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The WordPress Economy
Giustino Borzacchiello
March 13, 2017
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Transcript
The WordPress Economy
HELLO! I am Giustino Borzacchiello Software Developer @ MotorK You
can find me (almost) everywhere as @jubstuff
WordPress? Blog.
WordPress? Business!
http://scottbolinger.com/ 2015-wordpress-revenue- statistics/
1. Agencies
Agencies ▸ A client come in asking for a website/application.
▸ You build that website/application for them
None
2. Products
PREMIUM THEMES
PREMIUM THEMES ▸ Design and build outstanding themes ▸ Sell
them through a marketplace, ▸ Or using your own website
PREMIUM THEMES ▸ Market is oversaturated, so... ▸ Niche themes
work better (i.e. themes for vegan restaurants) ▸ Build tools for other themes ▸ Offering support could be a good idea
$18MM+* Avada Theme (* total revenue)
$9MM+ X Theme (* total revenue)
$60k/month Theme Isle
PLUGINS
PLUGINS ▸ As with themes, you create an awesome plugin
and sell it ▸ Marketplaces or your own website ▸ But you have more options…
PLUGINS ▸ Free version → Premium version ▸ Free versions
→ Add-ons ▸ Free trial → Upsell ▸ Extensions for other plugins
$2MM+/year Yoast
$1MM+/year* Pippin’s Plugins *aggregate
$1MM++/year iThemes
SaaS PRODUCTS
SaaS PRODUCTS ▸ SaaS: Software as a Service. Software delivered
over Web (simplistic) ▸ You build and host the application ▸ Your clients need only credentials to access
$1-2B* Automattic (*valutation)
$4MM/year ManageWP
$ - Pressbooks
3. Services
Services ▸ Instead of creating your product, you help others
build theirs ▸ Could be anything from support to ad-hoc development
$64k/month WP Curve
$30k/month CodeinWP
$ - SOS WP
4. Hosting
Hosting ▸ Obvious but, hey, if you have the money!
▸ They’re becoming more and more competitors to WordPress products, acquiring entire companies (i.e. GoDaddy with ManageWP)
None
5. Memberships
Memberships ▸ Provide exclusive content, behind payment. ▸ Build a
community
$ 100k/year Post Status Club
None
“ Ideas are just a multiplier of execution. The most
brilliant idea, with no execution, is worth $20. The most brilliant idea takes great execution to be worth $20,000,000.
BE CURIOUS!
TRY THINGS!
CONTRIBUTE
EXPLORE!
THANKS! Any questions? Ping me at @jubstuff
CREDITS ▸ Presentation template by SlidesCarnival ▸ Photographs by Unsplash