15 Remarkable Facts About Market Dojo

To follow on from our recent ‘A Decade of Dojo’ blog, we thought now would be an opportune time to share with you some remarkable facts about Market Dojo. Perhaps in amongst these lies the secret to our success over the past 10 years.

1. Market Dojo is 10 years old 

As mentioned above, we’ve recently reached this incredible milestone. We’d like to say a massive “Thank You” to everyone who has helped up along the way. You can read our “A Decade of Dojo” Blog here.

2. Many Weird and Wonderful Tenders

We’ve had many weird and wonderful categories tendered in our tool.  Some of these include a news channel, Golf carts,  Honey & Jam, Rainbow Paint, Fire extinguishers, Lifeguard services and pig launchers. One of our personal favourites is using the Japanese Auction for the construction of a Premier League football club training ground!

We have written a blog about the amazing range of things you can reverse auction here. We also have a webinar that discusses why eSourcing is suitable for almost any category.

3. Largest Events

Our largest supplier onboarding event with SIM Dojo event had 14000 participants, while our clients largest Sourcing event had 1200 participants.

4. Frequency of bids

On average we’ve had 1.6 bids every ten minutes in the last ten years.

5. Smallest and largest clients

We work with one person consultancies through to large clients such as Metroline, Logitech, Imperial Brands, Paddy Power, Aggreko and many more.  When I asked the team to say who was our biggest, it sparked a debate around which dimension to use.  Number of auctions, turnover or simply their supporter base (we work with some premier league football teams).

We have worked with over 300 clients over the years across 65 industries.

6. Benford’s Law

Market Dojos bids follow Benford’s law, a law that is used by governments to catch fraudsters out!  Check out our blog to find out more.

7. Local Celebrities

Our Support Manager, Chris, won the half time challenge at Gloucester and won a TalkSport competition. Salesman Pete Glass also won £1 on a scratchcard.

8. The three co-founders all went to Bristol university

Alun Rafique studied Aeronautical engineering, spent a year in France and started working at Rolls Royce.  Nick Drewe read Mechanical Engineering and went straight into procurement consulting.  Whist Nicholas Martin studied Physics and started at the National Office for Statistics.

9. Suppliers

Half of all suppliers in the Market Dojo tool are invited to at least one other event and, on average, a supplier is invited to 13 events

10. Hosts

On average our users create 26 events each and our most adventurous user has created 3678 events!

11. Capterra reviews 

We are leading the way in customer reviews for our type of solution.  We have over 50 reviews and an average of 4.6/5 on Capterra.

12. Workspace Changes

We have had to expand offices about 5 times in 10 years!  Now we are in suites 30-33 Westend Offices in Stonehouse, when we’re not required to work form home.  Interesting fact – Stonehouse appears in William the Conqueror’s Domesday Book of 1086 under its Old English name “Stanhus”.

13. We’re On Demand

This is our USP and our core strength.  It not only allows companies to try us our at a low risk, especially important in these COVID times, but also drives our whole UX philosophy.  Over 70% of our clients start on-demand work and over half of those will buy again.

14. Working with giants

We’ve helped to maintain the tallest buildings in the world, The Burj Khalifa in Dubai. Working in collaboration with Emaar who onboarded 5000 suppliers in first 6 months.

15. Corporate Social Responsibility

We ran an auction for a signed Ed Sheeran guitar in aid of social enterprise, 12 Guitars, who make music more accessible to youngsters in Glasgow. We also have more forward auctions in the pipeline for other charitable causes. 

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Check out our Remarkable Dojo blog here.

For more information on how Market Dojo can help you contact us at info@marketdojo.com or +44 (0) 117 230 9200.