culture amazement trends & challenges member support international overview

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 Ace Owns Helpful  Passion for People  Relevant Differentiation  Productive Paranoia  David vs Goliath  Community Culture It’s about VALUES, not just

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Page 1: Culture  Amazement  Trends & Challenges  Member Support  International Overview
Page 2: Culture  Amazement  Trends & Challenges  Member Support  International Overview

CultureAmazementTrends & ChallengesMember SupportInternational

Overview

Page 5: Culture  Amazement  Trends & Challenges  Member Support  International Overview

Amazement 101

Page 6: Culture  Amazement  Trends & Challenges  Member Support  International Overview

“Ace has found a way to operationalize helpful….”

Employee-centric culture Focus on the “5 P’s”

People, Product, Pricing, Place, Promotion

52 Tools for Customer Amazement: Know the value of your customers Play to your strengths Focus on the customer, not the money Own your mile Satisfaction is a rating, loyalty is an emotion

Service is not just a word, it’s their mantra

Page 7: Culture  Amazement  Trends & Challenges  Member Support  International Overview

Service

The Helpful Place isn’t just a slogan; it’s our Culture!

Page 8: Culture  Amazement  Trends & Challenges  Member Support  International Overview

Trends & Challenges

Page 9: Culture  Amazement  Trends & Challenges  Member Support  International Overview

+ Niche retailing works Shift from Wall St. to Main St. Small businesses like buying from small businesses Convenience and Personalization – time famine Solving problems vs just selling products Service still matters!

- Differentiate or die to digital! Role of omni-channel marketing Rising labor costs in China and at home Proliferation of cross channel marketing Consolidation and increasing competition

Trends & Challenges

Do self audits and SWOT yourself!

Page 10: Culture  Amazement  Trends & Challenges  Member Support  International Overview

Play to our strengths – Own Helpful! Adapt to needs of omni-channel and online sales Maintain relevant differentiation with respect to

products and the in-store experience Focus on unit-level economics Private label and controlled brands Leverage social media to convey “solutions” Increase national advertising Help retailers GROW

Toolbox

Page 11: Culture  Amazement  Trends & Challenges  Member Support  International Overview

Member Support

Page 12: Culture  Amazement  Trends & Challenges  Member Support  International Overview

Wholesale Be the Best Wholesaler – controlled label programs Supply Chain Excellence – SAP

Retail Program library for flexibility and adaptability Peer grouping with Retail Group Leaders Field Support and Platinum Retailing

Marketing Ace Brand Place

Business to Business Be the Supply Place

Service Helpful 101 and 201 Ace Center for Excellence

Page 13: Culture  Amazement  Trends & Challenges  Member Support  International Overview

International

Page 14: Culture  Amazement  Trends & Challenges  Member Support  International Overview

Wholesale

Retail

New Business• Existing Retailers• New Markets• Greenfields

• Brand Leadership• Retail Execution• Local Support

• Global Sourcing• Regional Distribution• Supply Chain Excellence

Page 15: Culture  Amazement  Trends & Challenges  Member Support  International Overview

Be global act local – adapt store model Over 650 locations across 65 countries 6 offices with 150 staff dedicated to international Master licensing program Leverage Ace skill and scale in sourcing,

merchandising, retail execution, and marketing Product regionalization through RDC’s 4 different product channels to optimize margins Regional offices for local in-market support Shanghai sourcing office dedicated to int’l retailers

Page 16: Culture  Amazement  Trends & Challenges  Member Support  International Overview

RDC’s

Dubai, Panama, and Shanghai

Page 17: Culture  Amazement  Trends & Challenges  Member Support  International Overview

Globally Trusted Locally Embraced