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ATOZ.COM THE D.R.E.A.M TEAM 1992 Sergio Baltazar Talia Sharpp Kobe Washington Josh Williams Benjamin Webster

AtoZ.com - SIEML 2016

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Page 1: AtoZ.com - SIEML 2016

ATOZ.COMTHE D.R.E.A.M TEAM 1992Sergio BaltazarTalia SharppKobe WashingtonJosh WilliamsBenjamin Webster

Page 2: AtoZ.com - SIEML 2016

D.R.E.A.M.

Efficiency

ResilienceDetermination

AudacityMovement

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AGENDA

FilmTime-outGame plan

• Determination• Resilience• Efficiency• Audacity• Movement

Buzzer beater

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ATOZ.COM

1. Awareness2. Evaluation3. Purchase4. Try product5. Keep or return product6. Return to website7. Join loyalty programs

• Online retailer worth $5 billion• Biggest competitor is Amazon

• Worth $65 billion

Customer Lifecycle

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FILM

   

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FILM

   

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FILM

   

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FILM

• Decreasing profit• Stagnating growth• Poor customer loyalty and retention• Weak post-purchase service satisfaction

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TIME-OUT

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TIME-OUT Strengths Weaknesses• Established niche• High quality product• Customer attraction• Customer acquisition

• Decreasing profit• Stagnating growth• Poor customer loyalty and

retention• Weak post-purchase service

satisfactionOpportunities Threats • Increase in online retail sales• Reaching specialty markets• Optimizing shipping methods• Search engine optimization

• Intense competition in industry• Risk of foreign exchange

fluctuation• Buying power of competitors• Data security

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GAME PLANDETERMINATION – RESILIENCE – EFFICIENCY – AUDACITY – MOVEMENT

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DETERMINATION

Loyalty efforts Membership program

Discounted shipping rates Access to exclusive services Dollar rewards program Search engine rewards program

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RESILIENCE

Return policy Waive return fees Re-usable packaging Access to paid postage stickers

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EFFICIENCY

Acquire unique companies Chegg Tidal Postmates J.W. Pepper

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AUDACITY

Personalize customer experience Customer profiles

Weekly discounts on relevant products Avatars created with Intel technology Product filter system

Chatbots

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MOVEMENT

Alter shipping policy Free standard shipping for purchases over $25 Major holidays

Discount on next purchase Free express shipping Full immediate refund for unsatisfactory experience

Execute new shipping methods Local distribution centers for pick-ups Package pick-up centers on minority serving campuses Local package delivery service

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BUZZER BEATER

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BUZZER BEATER

D• Increase loyalty efforts through membership program

• Discounted shipping, exclusive services, dollar and search engine rewards program

R• Alter refund policy to increase customer satisfaction

• Waive return fees, re-usable packaging, postage stickers

E• Acquire unique companies

• Chegg, Tidal, Postmates, J.W. Pepper

A• Personalize customer experience

• Customer profiles and Chatbots

M• Alter shipping policy

• Free standard shipping and major holiday policy changes

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BUZZER BEATER

Numbers

New Customers per Year

35%

Customer Retention Rate

50%

Average Spend per Customer

$120

Current Customer Count

3,225,250

Before Numbers

New Customers per Year

50%

Customer Retention Rate

65%

Average Spend per Customer

$150

Current Customer Count

4,000,000

After 1 year

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QUESTIONS?