“Focus on building brand loyalty, building strong emotional connections with customers, because satisfied customers not only return, they also become advocates for the brand.” - Malay Damania.
In the 1990s, when e-commerce was still finding its footing, one company dared to set the foundation for the online shopping experience, offering the mantra upon which it not only survived but thrived. Zappos, the brainchild of Nick Swenman, Tony Hsieh, and Alfred Lin, revolutionised the retail industry for better and for always!
Their road to success was rocky with inventory management issues, financial constraints that forced the founders to borrow money for Zappos to stay afloat, competing against emerging retail companies and titans, being unable to scale operations while maintaining profitability, etc.
Tune in as we break down and answer the question: How did Zappos navigate these trials and achieve success?
Key Takeaways:
Put this episode on your listening list if you want to get a peek into Zappo’s mantras of building a thriving eCommerce business as we analyze their narrative and learnings.
Buy Malay’s book - Business Champ
Malay Damania conducts business mentoring and coaching sessions to help small and medium business owners, startup founders, entrepreneurs, and CEOs to get past their stagnancy in business to move into a growth trajectory.
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Connect with Malay at:
Website - www.malaydamania.com
Linkedin - https://www.linkedin.com/in/malay-damania-23285717
**This show is produced and managed by Done For You Podcasts, full-service podcast launch and management company**