Surfboard duo catch waves of support Surfboard duo catch waves of support
Ryan Mets, 26, one of the founders of Boardcave, an online marketplace for custom surfboards, says surf brands suffer dire consequences by drifting away from their core customer base.
"In these early stages we are aware of the importance of our core customers or 'image leaders', which are actually defined by Billabong's own researchers as board sport fanatics and board sport participants, who are the major influencers in the surf market," says Mets.
"A large percentage of our customers is made up of this core market and it's essential we stay relative to and in touch with these influencers as we broaden our product offering," he says.
Mets says surfers, who account for about 20 per cent of the big surfing brands' customers, drive the sales of the remaining 80 per cent of customers, who are lifestyle followers and "weekend warrior" surfers.
Boardcave, whose technology is patent pending, aims to put up a challenge to the factory-made boards flooding the Australian market. Surfers can order custom-made surfboards from Australian surfboard shapers through the site.
The website has recently gone live after two years of development, effectively taking a cottage industry into the digital world. Mets says the biggest challenge was systematising an industry with an infinite amount of variables: width, length, thickness, tail shape and number of fins are just some of the choices.
Initially, Mets and his business partner, Chris Greben, 24, developed a portal of information on a range of different surfboard manufacturers. "It started to get a bit of traction and I could see people were searching for boards online. The lightbulb moment happened when I started getting inquiries from people to buy boards," he says.
Manufacturers got behind the business when they saw the initial site was gaining attention from surfers. One well-known surfboard shaper on board is Maurice Cole from MC Surfboards, who is famous for developing the "reverse vee" surfboard design with Tom Curren in the early 1990s. It has a convex bottom, with the volume of the board towards the nose. Cole is one of big wave surfer Ross Clarke-Jones' shapers.
Other shapers listed on the site include Matt Penn from Matt Penn Designs and Darren Handley from DHD Surfboards, who has shaped boards for world champions Mick Fanning and Stephanie Gilmore.
"We haven't actively contacted manufacturers; they have come to us," says Mets.
Although he won't disclose figures, Mets says sales have been steady and the site has shipped boards around the country. NSW has emerged as the major market. Boardcave is also gearing up to sell accessories such as wax, fins, board bags and wetsuits.
Mets and Greben have largely funded the business themselves, although a $50,000 grant from Commercialisation Australia in February gave the enterprise some much-needed cash.
"We also have the opportunity to secure further funding from Commercialisation Australia. For this next round of funding, we are required to match the grant funding on a 50-50 basis," says Mets.
"We are extremely lucky to have the support of the industry and this government initiative," he says.
Both Mets and Greben, who went to school and uni together and are housemates, left corporate jobs 12 months ago to pursue Boardcave. Mets worked for online travel businesses Wotif and Lastminute.com and Greben is a software engineer who has previously worked for the Royal Automobile Club of Queensland and Suncorp.
The pair are passionate about surfing. "I started riding waves when I was 10," says Mets. "I actually started off as a belly basher [body boarder], but once I tried standing up, and felt the adrenalin rush of riding waves standing, I was hooked."
"I surf a range of different boards. Most surfers will know, you can never really have enough surfboards."
Says Greben: "Surfing has always been a great escape for me. I've always loved it, having grown up with a family house on North Stradbroke Island. I own many different surfboards."
The plan is to roll out the business model in Europe and the US.
"We're looking to partner with investors to take the business forward," says Mets.
Frequently Asked Questions about this Article…
Boardcave is an Australian online marketplace that lets surfers order custom-made surfboards directly from Australian surfboard shapers. The site, which launched after two years of development, uses patent-pending technology to systematise board variables (width, length, thickness, tail shape, fins) and also plans to sell accessories such as wax, fins, board bags and wetsuits.
Boardcave was founded by Ryan Mets (26) and Chris Greben (24). Mets previously worked for online travel businesses including Wotif and Lastminute.com, and Greben is a software engineer who worked for the Royal Automobile Club of Queensland and Suncorp. Both are passionate surfers and left corporate jobs about 12 months ago to focus on the business.
Mets and Greben have largely self-funded the business. In February they received a $50,000 grant from Commercialisation Australia, and they have the opportunity to apply for further funding — the next round would require them to match the grant on a 50:50 basis.
According to the founders, sales have been steady and the site has shipped boards around Australia, with New South Wales emerging as the major market. Manufacturers and high-profile shapers have signed up to the platform after seeing initial surfer interest.
The site lists well-known Australian shapers including Maurice Cole of MC Surfboards (known for the 'reverse vee' design), Matt Penn from Matt Penn Designs, and Darren Handley from DHD Surfboards, who has shaped boards for world champions such as Mick Fanning and Stephanie Gilmore.
Boardcave positions itself as a challenger to factory-made boards by offering custom-made surfboards from established Australian shapers, using patent-pending technology to manage the many design variables. The founders emphasise staying close to core, passionate surfer customers and industry influencers as part of their advantage.
The founders say passionate surfers — described as 'board sport fanatics' or image leaders — make up about 20% of big surf brands' customers but drive sales to the remaining 80% who are lifestyle followers and 'weekend warriors.' Boardcave aims to remain connected to these core influencers while expanding its product range.
Boardcave plans to roll out its business model in Europe and the US and is looking to partner with investors to help scale internationally. The company is also preparing to broaden its product offering to include surf accessories, and may pursue further matched grant funding from Commercialisation Australia.

