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Jason Dalrymply & Kim Pendergrass. WHO IS ZAPPOS.COM? Founded in 1999 Name stems from Zapatos Originally shoesite.com CEO Tony Hsieh Sold Internet advertiser.

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Presentation on theme: "Jason Dalrymply & Kim Pendergrass. WHO IS ZAPPOS.COM? Founded in 1999 Name stems from Zapatos Originally shoesite.com CEO Tony Hsieh Sold Internet advertiser."— Presentation transcript:

1 Jason Dalrymply & Kim Pendergrass

2 WHO IS ZAPPOS.COM? Founded in 1999 Name stems from Zapatos Originally shoesite.com CEO Tony Hsieh Sold Internet advertiser LinkExchange, to Microsoft for $265 million Invested in showsite.com On-line Retailer Amazon.com subsidiary Largest online shoe retailer Warehouse runs 24/7 No more drop shipping

3 FAMILY CORE VALUES Deliver WOW Through Service Embrace and Drive Change Create Fun and A Little Weirdness Be Adventurous, Creative, and Open- Minded Pursue Growth and Learning Build Open and Honest Relationships With Communication Build a Positive Team and Family Spirit Do More With Less Be Passionate and Determined Be Humble

4 POWERED BY SERVICE Zappos has a history of going above and beyond for their customersgoing above and beyond 75% of customers are repeat buyers Competitive Advantage Loyalty Business Model Relationship Marketing 24/7 hotline for customer service Free shipping both ways A 365-day return policy 4 day guaranteed shipping Surprised upgraded over night shipping Should Zappos ship international?

5 EXCEPTIONAL SERVICE STORIES

6 FORTUNE SAYS YES Ranked 15 th in 2010 for Fortune’s Top 100 companies to work for Up from 23 rd in 2009 Employee Benefits : Free lunches No charge vending machines Free health care Nap room Encouraged to embrace their “individualism” Free kindles and %40 of current salary bonus when acquired

7 BRIBING PEOPLE TO QUIT 33 open positions in 2009 and 26,000 applicants Two interviews – One for professionalism and the other for personality 4-week customer loyalty training course 2 weeks spent at the call center After a few weeks, new hires are offered $2,000 to quit 97% of people turn down the offer What do you think about bribing people to quit?

8 There is an app for that! Multiple view photos and videos Tweeting and more No promos Directly tweet to customers Transparency and peer level Blogs YouTube Facebook SOCIAL MEDIA GENIUSES

9 Started out word of mouth Minimal advertising costs Innovative marketing campaigns Taking advantage of shoeless people Television spots Television ADVERTISEMENTS

10 SOURCES http://tech.fortune.cnn.com/2011/04/15/googles-ordeal-in-china/ http://www.inc.com/magazine/20060901/hidi-hsieh.html http://about.zappos.com/press-center/media-coverage/zappos-milestone- customer-service http://about.zappos.com/press-center/media-coverage/zappos-milestone- customer-service http://money.cnn.com/magazines/fortune/bestcompanies/2010/snapshots/15. html http://money.cnn.com/magazines/fortune/bestcompanies/2010/snapshots/15. html http://www.businessweek.com/magazine/content/10_23/b4181088591033.ht m http://www.businessweek.com/magazine/content/10_23/b4181088591033.ht m


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