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Shoe Gummi has witnessed exceptional market performance since its official launch. The company rounded out a milestone year-over-year (YoY) growth for 2022, achieving an impressive 247% increase in sales to $1.2 Million compared to $350,000 in 2021. Shoe Gummi quickly became a viral product, purchased by influencers, celebrities, women and high heel wearers around the world, the high-demand caused most items to sell out on numerous occasions. This marks Shoe Gummi's third consecutive year of growth and a major milestone to solidify its position as an innovative leader in the footwear orthotics industry. With over 40,000 pairs sold worldwide since its launch.
Shoe Gummi attributes its growth to several key factors, including its commitment to innovation, the expansion of its product line to offer multiple colours, size ranges including small, medium and large, an all new pointed style as well as the implementation of new social media marketing strategies.
Officially on the market since 2019 with a new pointed design emerging in 2021 and new color additions in 2022, Shoe Gummi's patented technology was engineered by entrepreneur, inventor, actress and influencer, Shantel Jackson. Jackson appeared on the cover of numerous industry and entrepreneurial publications and media outlets, sharing the story of her innovation gaining widespread exposure and brand visibility. Among many of the highlights that rounded out the fiscal year-end include Jackson being awarded "Entrepreneur of the Year Award" by Coffea Magazine for her vision and development of Shoe Gummi.
A Shoe Gummi customer satisfaction survey (attached) found that 82.55% of survey respondents were “very satisfied” with Shoe Gummi results versus 1.56% who were not. 98.46% of survey respondents were “extremely likely” to recommend Shoe Gummi to friends/family versus 1.54% who were not “not likely”. Respondents noted that with Shoe Gummi’s support, they were able to wear high heels up to 4X longer.
Customer Reviews are attached to this application (they can also be viewed at www.shoegummi.com)