Swinmurn

Improved Essays
What I Learned about Marketing, Management, and Leadership from Zappos The year of 1999, and Zappos’ founder Nick Swinmurn was walking around a mall in San Francisco looking for a pair of shoes. One store had the right style, but not the right color. Another store had the right color, but not the right size. Swinmurn spent the next hour in the mall, walking from store to store, and finally went home empty-handed and frustrated (Zappos, 2015). Swinmurn tried looking for shoes online and was again unsuccessful. Although there were a lot of "mom and pop" stores selling shoes online, what was interesting to Swinmurn was that there was no major online retailer that specialized in shoes. So, since it was 1999 and anything seemed possible …show more content…
Since then, he’s helped boost sales to over $1 billion a year and played a significant role in Amazon’s acquisition of the company in 2009. Instead of letting company news slowly trickle down to the ranks in typical corporate fashion, Hsieh is known for communicating with all employees directly via personalized email updates, all-hands meetings, and informal team gatherings, making sure that significant company news comes straight from the top. Hsieh also takes time to really listen to his employees. As a result, Zappos employees feel comfortable voicing their opinions and openly discussing their ideas with managers, executives, and their co-workers (Fayer, 2015). During the early mode of Zappos, two key components converged that set the stage for success: a culture for passion and unity, and the focus on customer service. Zappos’ competitive advantage is wrapped into 3 key areas – customer service, word of mouth, and culture building. Hsieh believed that the Zappos brand would happen on its own when these 3 elements aligned (Antonelli, …show more content…
Zappos goal is to have happy employees and happy customers. Tony Hsieh, himself studied a lot about what make people happy. Hsieh says it all comes down to four key attributers. The number one attributer is to make sure not to make people feel like they’ve lost control. Another contributor is perceived progress, which with to help make feel people that they are making process. The third element is having strong social ties, connectedness. Lastly, being a part of something bigger than yourself which is basically finding a vision and meaning (Bulygo,

Related Documents

  • Improved Essays

    Zappos looks for driven people, willing to take on projects no matter the size and see them through to the very end taking 100% responsibility. Since establishing project leaders based on drive, employees feel empowered to make decisions on how to properly handle…

    • 801 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    Swot Analysis For Macy's

    • 107 Words
    • 1 Pages

    These recommendations can have an impact on the organization, employees, new markets and products, and shareholders. With these strategies, Macy’s will be able to maintain its current competitive advantage and also increase its profits heavily. Only concentrating on ways to renovate the market with new products and services for Millennials Generation, the store can have success. Making department stores integrated into the community is what creates experiences and senses become root and enhance something people look forward to and want to visit. The key is to be unexpected and involve millennial shoppers, and the best part doesn’t even have to do with clothes, perfume, cosmetic, or jewelry,…

    • 107 Words
    • 1 Pages
    Improved Essays
  • Decent Essays

    Tony Hsieh Zappos

    • 76 Words
    • 1 Pages

    Hello Nicole, CEO Tony Hsieh of Zappos demonstrates a different approach of putting his employees and customers simultaneously first. CEO Hsieh is one of the few CEOs that I have read about how he deeply cares about the wellbeing of his employees. As what you stated "Happy employees equal Happy customers, " which is a true statement because no organization will not succeed with caring about the wellbeing of its employees. Great post and Happy Monday!…

    • 76 Words
    • 1 Pages
    Decent Essays
  • Decent Essays

    Under Armour

    • 257 Words
    • 2 Pages

    Under Armour or UA as it is often called, is recognized as an excellent example of an organization which has been able to successfully build its brand image in today’s uncertain markets. As a US company which started as a basement business, Kevin Plank, the founder of UA was able to apply innovative marketing tools and tactics to build a solid revenue base in the sports clothing/athletic goods industry. Under Armour is a good case study of the effectiveness of the four P's of marketing: place, promotion, product and price. Here are some key elements: Place • Strategic international market expansion • Be visible by the location of your stores within easy reach of your customers • Understand your customer base and target them specifically…

    • 257 Words
    • 2 Pages
    Decent Essays
  • Great Essays

    Zara Fashion System Analysis

    • 2487 Words
    • 10 Pages

    Fast fashion system mainly contains two components that make it superior from other systems. One component is short production and distribution lead times, which helps match supply and demand so eventually minimize the gap between them. Another component is highly fashionable design capabilities that enhance the desires of consumers and increase sales (Cachon and Swinney, 2010). As a fast growing fast fashion brand, Zara is “the most innovative and devastating retailer in the word”, called by the luxury goods maker LVMH’s fashion director (Gallaugher, 2008). I will use Zara as a case to inspect fast fashion’s remarkable innovation for the whole fashion…

    • 2487 Words
    • 10 Pages
    Great Essays
  • Improved Essays

    Warby Parker is an eyewear company that was founded in 2010 by Andrew Hunt, David Gilboa, Jeffery Raider and Neil Blumenthal, 4 friends from Wharton business school. The company’s mission is to change the eyewear industry by offering fashionable, high quality and affordable eyewear by also giving back to the community. Warby Parker created the buy-a-pair, give-a-pair program where for every pair of eyewear sold at the price of $95 a pair of eyewear was given to individuals in need. The company was able to achieve a low price point of $95 a pair, as compared to their competitors, because all their eyewear are designed in-house and the company does not sell through a third party that tends to increase the prices of the glasses, instead they…

    • 1338 Words
    • 6 Pages
    Improved Essays
  • Improved Essays

    Zappos Culture

    • 330 Words
    • 2 Pages

    The culture that was set at Zappos was more about bringing people together by providing a combination of compassion, humor, and high quality customer service. Tony Hsieh, chief executive of Zappos states: “We could be in any industry that we can differentiate ourselves through better customer service and better customer experience.” (Organizational Behavior 2014, p. 522) Zappos believed that there marketing dollars would be best spent on hiring the right people, their training, and their customer service. Zappos core values is what drives the company’s success.…

    • 330 Words
    • 2 Pages
    Improved Essays
  • Improved Essays

    ZAPPOS Zappos is a company that believes that the best way to build a brand for the long run is in a word called “Culture”. Zappos is a company whose’s belief is that if you get the culture right, most other stuffs, like great customer service, or building a great long term brand, or passionate employees, and customers will happen naturally on its own. Zappos is an open system, it is probably an effective learning organization, an organic organization where managers who want to delegate Wii likely succeed and create a strong cooperate culture. Zappos is an open system because an open system is where the organization depends on the surrounding environmental system to survive. Zappo believes that your culture is your brand, that you…

    • 1038 Words
    • 5 Pages
    Improved Essays
  • Improved Essays

    Rolf Ericsson, the CEO of H&M stated their long-term goal in 2008 annual report that “Make fashion available to everyone, give the customer a fashion experience that strengthens H&M brand” (H&M, 2008). Collaboration is exactly adopted as a long-term business strategy bored from this vision. We intend to analyse the influence in H&M brought by its collaboration practices from several aspects. Innovation capability Throughout the collaboration history of H&M, there is a common characteristic shared by collaborating brands is that these brands are all luxury designer brands.…

    • 1000 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    Case study 3 (Zara) Nikita Vorobev 1. Company overview and description of challenges, Zara faced not long time ago. Zara is considered to be one of the pioneers of fast fashion industry and has been dominating the fashion industry across the world for almost two decades. Zara’s concept, capabilities, and value drivers, as demonstrated through their business model, have proven to be extremely successful. Their focus on the pulse of fashion have made them one of the most successful clothing retails in the world Unlike other companies have to spend large amount of money to gain advantages from Information Technology and then pay more money to maintain it, Inditex invests very little on Information System which is referred to simpler Technologies.…

    • 1086 Words
    • 5 Pages
    Improved Essays
  • Improved Essays

    Zara’s Business Model Zara’s business model is very unique and different from other clothing retailers, it comprises of several stage of retail business which includes designing, manufacturing, distribution of the items and finally the sales. It focuses strongly on customer’s satisfaction and today it has a strong customer base. Zara has the ability to deliver new clothes to the stores very quickly and is known for that. In Zara customer knows that if he doesn’t buy that particular item right there at that time then he might not find that after 10 or 11 days.…

    • 900 Words
    • 4 Pages
    Improved Essays
  • Great Essays

    Porter’s Five Forces Analysis Threat of new entrants Entry barriers to retail fashion are assessed as middle. Existing brands try to benefit from global presence, economies of scale and scope (producing not only apparel but accessories), occupation of top store locations and developing the loyalty programmes. Another barrier is iconic brands which occupy the unassailable position in the marketplace, as fashion is one of the spheres where the name of the brand and its promising plays the crucial role. On the other hand online sales are gathering pace and fashion becomes more international that opens prospective for new entrants. Zara creates barriers that help to sustain profitability and are not easy to imitate: quick time-to-market and cost advantage achieved through experience and unique business model.…

    • 1319 Words
    • 6 Pages
    Great Essays
  • Improved Essays

    With a low cost strategy, Zara try to gain a competitive advantage by focusing the energy of all the organization departments on driving the organization’s costs down. Organizations pursuing a low cost strategy can sell a product for less than their rivals and yet still make a profit. In order to achieve low costs but maintain high fashion, Zara imitates the latest haute couture designs and makes similar products with cheap materials. By this strategy of Zara, company lowers its selling price and uses cost leadership strategy. The core competencies of Zara are fast and powerful design team, fast fashion brand image, quick production process, frequent new products and low…

    • 858 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    Amazon Vision Statement

    • 1117 Words
    • 5 Pages

    Jeff Bezos started Amazon as an online bookstore, in Seattle, Washington in 1995. From the beginning, however, Bezos claimed that even though Amazon exclusively sold books, it was actually a technology company. Bezos argued that Amazon’s purpose was to simplify e-commerce and not to sell books. In 1997, Amazon became a publicly traded company on the NASDAQ market (Hall, 2017).…

    • 1117 Words
    • 5 Pages
    Improved Essays
  • Improved Essays

    H & M Vs Zara Analysis

    • 723 Words
    • 3 Pages

    H & M and Zara achieve business objectives with the marketing mix which consist of the 7 p’s. However, at present, H&M is known to be the highest valued with the most fashion in Europe valued at 13 billion euros while Zara valued at 7.8 billion. Both H &M and Zara are globally known but in terms of the experience of the shopping of their products are extremely different. Comparison of the Marketing Mix with Zara and H & M H & M Marketing Mix (7 P’s) Zara…

    • 723 Words
    • 3 Pages
    Improved Essays