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Published byAllison Hines Modified over 9 years ago
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Maps Out a Trip to a Digital Future By Karla Bohn
Rand McNally Maps Out a Trip to a Digital Future By Karla Bohn
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Case Summary Company Information
Started in 1956 by William Rand & Andrew McNally Started printing maps in 1916 1999 – Sold 46 million maps 1999 – 46,000 outlets including 29 of its own stores
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Problems Did not understand full impact of Internet
Failed to maintain its leadership and pioneering spirit Unwilling to take risks
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New Strategy 1999 – Richard Davis new CEO
Put Rand McNally maps on-line Transform Rand McNally from a map company into a travel planning and advisory service
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New Strategy cont. Create auto club “Plan a Trip” section to Website
Entered GPS market
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Rand McNally Today Headquartered at Skokie, Illinois
More than 50,000 retail outlets Business – All 50 States & Canada Distribute to 98% of U.S. schools CEO – Robert Apatoff Majority owner – Leonard Green & Partners, LLC
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Tag Line Rand McNally … the most trusted name on the map.
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Products Consumer Products Rand McNally Canada Educational Products
Commercial Trucking Products Promotional Products Wireless Solutions Online Business Locator
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Competition AAA MapQuest.com, Inc. Langenscheidt Publishers, Inc.
Compagnie Générale des Établissements Michelin Tomtom Meliovation
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Recommendations Enter the world market Improve wireless solutions
StreetFinder & TripMaker – Add Travel Website links Worldwide trip research & planning Free downloadable travel updates Money back guarantee
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