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Crystal City Startup Brings Local Florists Online

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Editor’s Note: Sponsored by Monday Properties and written by ARLnow.com, Startup Monday is a weekly column that profiles Arlington-based startups and their founders. The Ground Floor, Monday’s office space for young companies in Rosslyn, is now open. The Metro-accessible space features a 5,000-square-foot common area that includes a kitchen, lounge area, collaborative meeting spaces, and a stage for formal presentations.

The Bloompop team at its Crystal Tech Fund workplace(Updated at 1:30 p.m.) Shavanna Miller has always loved flowers, and has a passion for supporting local businesses. Until last year, those were merely interests and hobbies.

Today, those interests and hobbies have spawned Bloompop, an e-commerce platform that lets customers browse and purchase flowers from some of the best local florists in their city. Miller said she was tired of seeing local florists struggling while national flower delivery companies delivered inferior products.

“It’s always clear the difference between a local florist and a big national chain,” Miller said. “It’s a much better value and the difference in quality is incredible.”

Miller originally had the idea when she was working in community develop New York City for Meetup six years ago. It wasn’t until late in 2012 — when she was in charge of U.S. digital sales for Rosetta Stone in Rosslyn — when a friend of hers gave her an angel investment to chase her dream. Her last day at Rosetta Stone was Dec. 31, 2012.

Miller hired a developer last March and a designer a month later. By the summer, Bloompop was in beta mode, helping deliver flowers around the D.C. area, but before that, Miller had to convince local florists to partner with her, despite having no product to show them and no customers yet on board.

Screenshot of Bloompop's website“Florists have been screwed over for years by different entities,” Miller said. “Getting the first one or two well-known florists was helpful. If you’re a florist in D.C., you know who the other good florists are.”

Bloompop’s first partner was Ultraviolet Flowers in D.C. “I basically had to speak with them four or five times to convince them to sign up,” she said.

Once the first florist or two was on board, Miller and Bloompop formed a system for dictating which florists to choose. She goes on multiple online review sites and only selects those with four- and five-star ratings, and considers florists that have creative arrangements and are willing to work with Bloompop’s universal pricing structure: every arrangement costs $69, $99 or $129, and the delivery fee, no matter where the recipient is, is a flat $10, even for same day delivery.

“A lot of the complaints in the flower industry is how non-transparent the price is,” she said. “A flower website will run a $30-for-roses sale, but after delivery, convenience and other fees, you wind up paying $70. With our site, you can easily compare what you’re getting from different florists because the price points are consistent.”

The Bloompop teamBloompop’s official launch was in September, by which time the company was based in D.C.’s 1776 incubator. Now, Miller and her small team have a workspace in the new Crystal Tech Fund in Crystal City, although they are the one company there that hasn’t yet reached $1 million in annual revenue. Miller said Bloompop was accepted into Crystal Tech Fund because its founder/investor, Paul Singh, sees promise in the company.

Miller said the company set a sales goal before it looked into expansion, and hit that goal within three months. Now, Bloompop is either launched, or soon will be launched, in New York City, Chicago, Atlanta, Kansas City, Mo., and Sarasota, Fla.

Miller determined which cities to launch in next by tracking the zip codes entered on the site that returned no results. It’s ideas like that — which she said she developed early on — that have solved for Bloompop most transactional (money-for-goods) startups’ biggest hurdle: finding customers.

“That comes from my background in digital marketing,” Miller said. “You can’t make decisions like that if you’re not tracking your data.”

Screenshot of Bloompop WeddingsBloompop’s next product is a natural step for any flower business: Bloompop Weddings. The new vertical will target brides on a budget, or those who would prefer to spend their time planning other parts of the weddings. The arrangements are $300-500, and the color palette and design can be browsed online.

“Florists like the detailed consultations, but they’re very time-consuming,” Miller said. “There’s another market that doesn’t fall into that category. Maybe the wedding isn’t a year from now or the bride doesn’t want to spend thousands of dollars on flowers.”

Bloompop is “on track for profitability,” Miller said, but the company has set its sights distinctly higher than that.

“The competition I’m looking at is the big guys with $1 billion in annual revenue,” she said. “I would like to take a chunk of that.”

Don’t Settle for Student Loans to Pay for Online Education

Online college programs are becoming a more popular choice for prospective students, with one study finding that more than 6 million students enrolled in at least one online course in fall 2015. The popularity of these courses can be attributed in part to their flexibility with working adults' schedules, students' ability to progress more quickly through online programs and, oftentimes, cheaper tuition. [See 10 low-cost online bachelor's programs for out-of-state students.]Online degrees can be beneficial to many college students, but some studies have shown online learners complete their programs at lower rates than students at traditional brick-and-mortar campuses. Individuals with student loans but no degree comprise two-thirds of defaulted borrowers. Though these numbers are not encouraging, just like for traditional programs, there are ways to reduce how much you'll need to borrow for an online program to ensure you won't become one of these statistics. Don't just settle on borrowing student loans to cover the whole cost of your program and living expenses. Instead, start thinking about how to cut costs and cover your balance in different ways, such as the following. -- Grants and scholarships: Even though you are taking an online course, you can still apply and receive grants and scholarships. But your first step should be to complete the Free Application for Federal Student Aid, commonly referred to as the FAFSA, which will allow you to receive a Pell Grant if your expected family contribution is low enough. The EFC criteria and award amounts are adjusted annually, but the 2017-2018 academic year awards range from $606 to $5,920, which could significantly lower the amount you borrow annually. Your next step is to apply for scholarships. You can start by checking online scholarship search engines, such as the Salt Scholarship Search, College Board's BigFuture and Peterson's. But don't forget to take advantage of local organizations and your school's financial aid office. Both may offer scholarships that you can't find with a national scholarship search. [Review these 10 sites to kick off your scholarship search.]For instance, organizations like the Elks Club, Knights of Columbus or the Rotary Club typically offer scholarships annually to local students. Just because you're going to school online doesn't mean you're ineligible. Visit your local library for scholarship listings, and ask around town. You might be surprised how many local organizations offer scholarships. While these scholarships typically aren't large, every little bit counts. Each dollar you receive in a scholarship is a dollar you don't have to borrow and pay interest on. -- Work-study: Another option for online students may be work-study awards. Not all students enrolled in online programs are eligible, but students at some schools -- including, for example, SUNY Empire State College and Liberty University -- are. Work-study awards are not given upfront like scholarships and grants. In most cases, they are an offer to earn up to the awarded amount if you secure an eligible work-study job. While there is a misconception that all work-study jobs must be on campus, students can work for off-campus, nonprofit or public employers as long as the work is in the public's interest. You may be able to work for a for-profit employer if the job is relevant to your course of study. No matter who the outside employer is, it will need to have an established agreement with your college for you to receive work-study funds. Remember, to be eligible for federal financial aid, you must be enrolled and pursuing a degree or certificate. If you're not working toward a credential, Pell Grants and work-study won't be option, but you may still be able to take advantage of private scholarships -- just be sure to read the eligibility criteria carefully. [Explore what to know about financial aid in online programs.]-- Pay as you go: One of the great benefits to enrolling online is the flexible schedule, which can allow you to complete your college coursework around your responsibilities. But prospective students often overlook using their part- or full-time job earnings as an option for paying for college. Almost 80 percent of college students in 2015 worked at least part time while attending classes, according to the National Center for Education Statistics. By budgeting and thinking strategically about your college costs, you can likely reduce your dependence on student loans by paying a portion out of pocket. Many -- but not all -- online programs are less expensive than traditional programs and often have shorter payment periods. Six, eight or 10 weeks are common course durations. Because of the frequency of payments in an online setting, you may be well-placed to pay as you go and possibly avoid borrowing altogether. Attending college online and avoiding student loans may be challenging, but if you are willing to put in the effort, you can limit the amount you need to borrow. More from U.S. News Q&A: Understanding Student Loan Discharge Eligibility Student Loan Refinancing Isn't Right for All Borrowers
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