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History of babyworld.co.uk
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An interview with Chris Blake, Chairman, of Babyworld.com Limited
So how did it all begin?
Roger Abrahams, registered the domain name back in 1995, over 10
years ago and a babyworld site has been available on the web continuously
since 1996, making us one of the oldest sites of its type in the
UK. Roger's early site provided a place for on-line pioneers to
talk about pregnancy and childbirth and came under the wing of Radcliffe
Medical Press who provided medical expertise and some early administrative
support.
How did you get involved?
I had spent most of career to that date in the publishing industry.
In 1998 I was getting frustrated as a Director of an international
scientific publishing group and I was convinced that the web was
going to have a profound impact on the publishing industry, in fact
a profound impact on all aspects of modern life. Its difficult to
remember back to what the web was like just 8 years ago, no Google,
no Freeserve, no lastminute.com! There were only relatively expensive
dial-up service providers, no broadband, and only a few percent
of UK adults were on-line! Having become a parent myself a few years
earlier, I was aware of the insatiable demand for information and
reassurance that new, and especially expectant parents require.
What, I wondered, if there was a web site that could provide that
information, and allow mothers to swap experiences….. Through one
of those random chances that change our lives, I discovered the
early babyworld.co.uk community and refined my own vision for a
web site that would have, in equal measure: a community where parents
can talk to each other; reliable and up to date advice and information;
and an on-line store where parents could buy the products they wanted.
I would love to be able to say that the rest was easy, but it was
not so simple! Most importantly, this vision was going to need funding.
How did you raise the finance for babyworld?
I put together a business plan and set about trying to raise the
£1m I thought I would require. I got "one sentence" rejections from
all of the "new media" venture funds that only a year later would
be pouring tens of millions into similar on-line ventures. I did,
however, find a business angel, and through my publishing industry
contacts he was willing to provide £750k. A few weeks later in the
autumn of 1998 we were in business.
What happened next?
With the funds, we could build a new site from scratch: new design,
new content, new community features. We hired paid staff for the
first time, many of whom are still with business today, and after
6 months of frantic work launched the new service in April 1999.
While we had been concentrating on getting our site up, the on-line
world had been changing. Freeserve had been launched and was bringing
millions of households on-line. The media was full of stories of
the US dot.com gold rush. Only a few months after our launch Freeserve
bought the business for £3.7m. Crazy times!
What was Freeserve's vision?
I think they saw babyworld as a building block in a new on-line
media empire they were intent on building. Tim Halfhead, who had
joined the company a few months before the sale to Freeserve to
exploit the commercial potential of the site, took over as Managing
Director of babyworld while I helped them launch their iCircle portal.
In fact after 3 months with Dixons / Freeserve I left to pursue
a career in venture capital leaving Tim and the babyworld team developing
the site under Freeserve's ownership. Site traffic continued to
grow, but in September 2000 Freeserve brought in-house the previously
outsourced e-commerce fulfilment, only to close the e-commerce operation
in early 2001. All but one of the original team left as the operations
are moved from Oxfordshire to Freeserve's Clerkenwell head office.
Freeserve continued to pay the bills, and kept the membership ticking
upwards through the bust years that followed the Internet boom.
In 2003, Wandadoo (as Freeserve was now branded), was happy to dispose
of their niche media asset, and I and Tim eventually reacquired
the business in July 2003.
Did it feel like starting all over again?
In many ways, yes! We got many of the old team back together both
as employees and shareholders, and we had to start again raising
finance to redevelop the site. Once again we were working from a
borrowed office and looking to re-build our revenues as an independent
site and with Tim back at the helm as Managing Director. A small
fundraising, mainly from staff but also from a handful of outside
investors, enabled us to take new premises, back in rural Oxfordshire,
and to re-launch the e-commerce service.
So two years on, is it working?
Yes, and beyond all our expectations. The on-line shop re-started
in August 2004 and has been a run-away success, so much so that
we are in the process of converting an additional barn at our office
near Wallingford, as additional warehousing. We have also added
a showroom, where customers can come in and see our complete range
items. The community site is also going from strength to strength,
with visitors and member registrations climbing all the time. It
has been quite a journey for babyworld.co.uk through the first 10
years of the web. We have seen all of the highs and lows as the
web has turned from an academic curiosity into one of the main channels
for information and shopping in the UK. I think babyworld is set
for a very exciting decade to come!
January 2006
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