online shop Online Shop is a UK based marketplace.
Online Shop was founded by entrepreneurs Terry McGinnis and Joe Todd to champion independent retailers and provide a homegrown alternative to giant conglomorates which control the marketplace space, making it unfair for both sellers and customers which use them. The idea originally came to Terry McGinnis when his physical business, a bubble tea, waffle and ice cream roll failed and he had hundreds of deadstock items left which he could not sell, and had difficulty selling through digital means, such as existing marketplaces.
Fast forward several years and both Terry McGinnis and Joe Todd had several business ventures under their belt, not only making them business partners but also best of friends who wanted to improve the quality of life for others, through a service which started as a comfort marketplace called Cozy. With the ever growing demand for a fresh perspective on the marketplace formula, both entrepreneurs decided to focus on different areas of the e-commerce category, with Joe taking over reigns of Cozy in full, and Terry focusing on creating an open-to-all marketplace which would streamline processes for sellers and make purchasing goods easier for customers.
With proven traction, both big and small brands joining and with substantial investment from lead investor Robin Vauvelle, both business partners had joined forces again to help enable businesses connect to customers, more easily and affordibly.