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Published byVirgil Gallagher Modified over 9 years ago
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OnlyHangers.com A Study of Hanger Excellence
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The Need for Speed (or Hangers) Customized/personalized hangers. Everyone needs to hang up their clothes. Retail Stores need hangers for the clothes they sell. Appearance can be crucial!
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Formalization Experimentation Founded by Ron Maier in Miami, Florida Privately owned company. Completely Web-Based
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What Could they Possibly Sell?? OnlyHangers.com strives to provide high quality hangers to everyday buyers at affordable prices.
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What EXACTLY Do They Do? Provide a wide array of hangers Wooden Metal Satin Glam Hangers contribute to the image of a retail store.
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Commerce Value Chain Attract First Google hit for the search “Hangers” Maier (the founder) publishes many online articles. Interact No tax (Outside of Florida) Free shipping for orders over $300 Monthly specials! Attractive, user-friendly interface
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CVC 2…The Sequel Act No tax (Outside of Florida) Free shipping on orders over $300 Easy to use shopping cart Accepts all major credit cards 24 hour shipping Pre-defined quantity sizes helps make shipping more efficient
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CVC 3…How Long Does This Take? React Accepts return within 30 days of purchase Offer UPS and Fed-Ex tracking for orders Restocking fee
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Mark and Mo…How does it work??
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Show us more…more!!
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Me Likey…Encore!!
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Innovation…Alexander Graham Bell Style Hanger sale is a niche market Internet provides a useful medium for success in such a narrow market Niche markets must reach a broad audience to succeed
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Who’s Listening?? Retailers Everyday People Hanger Enthusiasts?
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Here’s Who’s Actually Listening!
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More Boring Graphs…YAY!
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Even MORE Boring Graphs!!
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Marketing Strategies Strategy based on Market Dominance Growth Strategy – Intensification Narrow market reassures buyer of product quality
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Internet Strategy Based around a specific product… Hangers!! Market to audience that will return often Channel Master
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SUCCESS!! Privately Owned Company Very little public information regarding stock prices, page hits, publicity etc. Site manages an estimated 5,721 unique visitors every month
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Life or Death Situations Success will rely on their ability to establish deep relationships with long-term customers. Customer service is important in this endeavor.
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It’s the ONLY Place to Buy Hangers! What can OnlyHangers do to improve? Need more internet presence...Including advertising, testimonials, reviews etc. Take a more personal approach to selling hangers.
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Will OnlyHangers.com Pass the Sixth Grade??
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This Presentation Has Been Brought to you by… The Letter M!!
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References www.onlyhangers.com (duh) www.onlyhangers.com http://www.quantcast.com/onlyhangers.com http://www.worldbusinessbook.org/companydetails.php? cid=319&sid=558 http://www.worldbusinessbook.org/companydetails.php? cid=319&sid=558 http://articles.getacoder.com/Choosing_Retail_Clothes_ Hangers_458833x1178093693.htm http://articles.getacoder.com/Choosing_Retail_Clothes_ Hangers_458833x1178093693.htm http://en.wikipedia.org/wiki/Marketing_strategy#Types_of _strategies http://en.wikipedia.org/wiki/Marketing_strategy#Types_of _strategies
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