Wix.com Investor Relations Material

Wix.com is an Israeli company listed on the NYSE operating through a SaaS model. The company offers a website development platform that’s intuitive to use for everyone, regardless of previous experience with building websites. With a user-friendly interface and an array of customizable templates, Wix.com enables businesses and private individuals to create professional websites without the need for coding knowledge.

Wix's website builder offers an array of user-friendly features that make website creation accessible to all. With its intuitive drag-and-drop editor, users can easily customize their site's layout, add text, images, and videos, and arrange elements to their liking. The platform provides a vast collection of professionally designed templates, covering diverse industries, allowing users to kickstart their design process. Wix ensures mobile responsiveness, automatically adapting websites to look great on any device. Users can also choose between powerful features like SEO optimization tools, e-commerce capabilities, blogging functionality, contact forms, and social media integrations. With Wix's robust App Market, users can further enhance their websites by integrating additional tools and functionalities.

Their platform offers a range of features geared towards supporting the growth and success of businesses, including e-commerce functionality, SEO optimization tools, and integrated marketing solutions. Wix.com empowers businesses to establish their online brand identity, showcase products and services, and engage with customers effectively. This makes it a popular choice for entrepreneurs, private individuals, and small-to-medium-sized enterprises looking to establish an online presence through a website, even if they lack the knowledge and skills to build it from scratch. This type of service is in high demand, and some competitors to Wix.com include names such as Shopify, SquareSpace, and GoDaddy.

Wix generates revenue primarily through its subscription-based business model. The company offers various premium plans that provide users with additional features, functionalities, and services beyond the free basic offerings. These premium plans come with different pricing tiers, allowing users to choose the level of features and support that best suits their needs. Additionally, Wix generates revenue through upselling domain names, hosting services, premium apps from its App Market, and offering value-added services like professional web design, logo design, and marketing solutions.