SlideShare a Scribd company logo
Christopher Brown
Research & Strategy Proposal
10/17/2011
Background

Arora Moda is a small Internet retailer that sells both
fine and costume jewelry, including necklaces,
bracelets, earrings, and rings. Founded Fort
Lauderdale, FL by Christopher Brown, Arora Moda has
been in business since 2002.
Primary Customers
• Men shopping for their
  wives/girlfriends

• Women shopping for
  themselves

• Men and women
  shopping for their
  mothers.
Competitive Advantage
• Aurora Moda’s competitive advantage is its
  excellent customer support and its “personal
  shopper” service.
• The personal shopper service is a live chat with a
  company representative that helps the customer
  select the best piece of jewelry for their budget and
  desires
• The company sees spikes in site traffic and sales
  during the holidays (Christmas, Valentine’s, and
  Mother’s Day)
Virtual Goods

• The virtual goods industry is booming!

• Analysts estimate that virtual goods could bring in a
  billion dollars in the United States and around $5
  billion worldwide this year

• Arora Moda could use virtual good as an incentive
  to customers to make a purchase with us.
“It’s not about the goods itself, it’s about the underlying human emotion or desire.”




“The recipient knows the person took time, picked something meaningful and spent
                                  money on it.”
Social Commerce
• Social commerce is a
  subset of electronic
  commerce that involves
  using social media,
  online media that
  supports social
  interaction and user
  contributions, to assist in
  the online buying and
  selling of products and
  services.
Integration of Social
     Commerce
Arora Moda will be able to provide an extensive list
   services and benefits to our online customers:




•   Receive online group-buy deals.
•   Flash sales targeted to specific demographic
•   Sharing of in-store experience online
•   Receive benefits from customer loyalty online
•   Reward Facebook credits with purchases.
Success Stories
P&G experimented with a storefront for
Pantene, where consumers could
purchase products before they were
introduced in stores. Not only did this
approach integrate F-commerce into
the social equation, it satisfied two of
the top reasons consumers consistently
report why they “follow” and “like”
brands in social media: access to
exclusive products and rewards or
discounts as a benefit of the
connection.
References
•   http://virtualgoodsinsider.com/2009/06/23/five-reason-why-people-send-virtual-gifts/
•   "The Goods May Be Virtual, But The Profit Is Real" (Miller and Stone, 2009) at
    http://www.nytimes.com/2009/11/07/technology/internet/07virtual.html?_r=1
•   http://socialdegree.com/2009/08/05/4-advantages-of-a-virtual-goods-business-model/
•   “Facebook Hopes Credits Make Dollars” (2010) at
    http://www.nytimes.com/2010/09/23/technology/23facebook.html?_r=1
•   “Online Retailers to Offer Facebook Credits as Shopping Incentives” (Van Grove, 2010) at
    http://mashable.com/2010/09/27/facebook-credits-for-online-shopping/
•   “The Business Guide to Facebook Part 2: From E-Commerce to F-Commerce” (2010) at
    http://www.briansolis.com/2010/10/the-business-guide-to-facebook-part-2-from-e-
    commerce-to-f-commerce/
•   “How Big Retail is Deploying Social Commerce” (2010) at
    http://socialcommercetoday.com/how-big-retail-is-deploying-social-commerce-
    presentation-download/

More Related Content

Similar to Research & Strategy Business Proposal: "Arora Moda"

The Future of Retail is 'Here' and 'Now'
The Future of Retail is 'Here' and 'Now'The Future of Retail is 'Here' and 'Now'
The Future of Retail is 'Here' and 'Now'
Cognizant
 
Final project business model alyssa espiritu
Final project business model alyssa espirituFinal project business model alyssa espiritu
Final project business model alyssa espiritu
AlyssaEspiritu3
 
Technology impact on shopping today
Technology impact on shopping todayTechnology impact on shopping today
Technology impact on shopping today
Sydney K
 
Bain brief making_it_personal
Bain brief making_it_personalBain brief making_it_personal
Bain brief making_it_personalIda Nair
 
E-Commerce Trends and Innovations 2014
E-Commerce Trends and Innovations 2014E-Commerce Trends and Innovations 2014
E-Commerce Trends and Innovations 2014
Carmelon Digital Marketing
 
The future of retail
The future of retailThe future of retail
The future of retail
Cristiane Namiuti
 
consumer behaviour.pptx
consumer behaviour.pptxconsumer behaviour.pptx
consumer behaviour.pptx
vibhore jain
 
Online to offline
Online to offlineOnline to offline
Online to offline
Debanjan Bose
 
Inside Retail Academy: Managing Marketing in a Multi Channel Retail Environment
Inside Retail Academy: Managing Marketing in a Multi Channel Retail EnvironmentInside Retail Academy: Managing Marketing in a Multi Channel Retail Environment
Inside Retail Academy: Managing Marketing in a Multi Channel Retail Environment
ACRSMonash
 
E-Commerce Vs Traditional Marketing
E-Commerce Vs Traditional MarketingE-Commerce Vs Traditional Marketing
E-Commerce Vs Traditional Marketing
Amity International Business School
 
Presentation on social marketing, mobile marketing, local marketing
Presentation on social marketing, mobile marketing, local marketingPresentation on social marketing, mobile marketing, local marketing
Presentation on social marketing, mobile marketing, local marketing
Md. Sohag Miah
 
Flash sales report
Flash sales reportFlash sales report
Flash sales report
Nandini
 
Differentiate Instead Of Discount
Differentiate Instead Of DiscountDifferentiate Instead Of Discount
Differentiate Instead Of Discount
G3 Communications
 
Flash sales
Flash salesFlash sales
Flash salesljamal92
 
Flash sales
Flash salesFlash sales
Flash salesljamal92
 
India times Shopping
India times ShoppingIndia times Shopping
India times Shopping
Rohit Sood
 
20131018 nyc it ventures
20131018 nyc it ventures20131018 nyc it ventures
1-800-Flowers Jordan Glogau Presentation - BDI 11/11/10 Social Commerce Leade...
1-800-Flowers Jordan Glogau Presentation - BDI 11/11/10 Social Commerce Leade...1-800-Flowers Jordan Glogau Presentation - BDI 11/11/10 Social Commerce Leade...
1-800-Flowers Jordan Glogau Presentation - BDI 11/11/10 Social Commerce Leade...
Business Development Institute
 
#Think Big- Pool Corp
#Think Big- Pool Corp #Think Big- Pool Corp
#Think Big- Pool Corp
Creative Business Consulting Group
 
Storeboard WeFunder Investor Presentation
Storeboard WeFunder Investor PresentationStoreboard WeFunder Investor Presentation
Storeboard WeFunder Investor Presentation
David Waller
 

Similar to Research & Strategy Business Proposal: "Arora Moda" (20)

The Future of Retail is 'Here' and 'Now'
The Future of Retail is 'Here' and 'Now'The Future of Retail is 'Here' and 'Now'
The Future of Retail is 'Here' and 'Now'
 
Final project business model alyssa espiritu
Final project business model alyssa espirituFinal project business model alyssa espiritu
Final project business model alyssa espiritu
 
Technology impact on shopping today
Technology impact on shopping todayTechnology impact on shopping today
Technology impact on shopping today
 
Bain brief making_it_personal
Bain brief making_it_personalBain brief making_it_personal
Bain brief making_it_personal
 
E-Commerce Trends and Innovations 2014
E-Commerce Trends and Innovations 2014E-Commerce Trends and Innovations 2014
E-Commerce Trends and Innovations 2014
 
The future of retail
The future of retailThe future of retail
The future of retail
 
consumer behaviour.pptx
consumer behaviour.pptxconsumer behaviour.pptx
consumer behaviour.pptx
 
Online to offline
Online to offlineOnline to offline
Online to offline
 
Inside Retail Academy: Managing Marketing in a Multi Channel Retail Environment
Inside Retail Academy: Managing Marketing in a Multi Channel Retail EnvironmentInside Retail Academy: Managing Marketing in a Multi Channel Retail Environment
Inside Retail Academy: Managing Marketing in a Multi Channel Retail Environment
 
E-Commerce Vs Traditional Marketing
E-Commerce Vs Traditional MarketingE-Commerce Vs Traditional Marketing
E-Commerce Vs Traditional Marketing
 
Presentation on social marketing, mobile marketing, local marketing
Presentation on social marketing, mobile marketing, local marketingPresentation on social marketing, mobile marketing, local marketing
Presentation on social marketing, mobile marketing, local marketing
 
Flash sales report
Flash sales reportFlash sales report
Flash sales report
 
Differentiate Instead Of Discount
Differentiate Instead Of DiscountDifferentiate Instead Of Discount
Differentiate Instead Of Discount
 
Flash sales
Flash salesFlash sales
Flash sales
 
Flash sales
Flash salesFlash sales
Flash sales
 
India times Shopping
India times ShoppingIndia times Shopping
India times Shopping
 
20131018 nyc it ventures
20131018 nyc it ventures20131018 nyc it ventures
20131018 nyc it ventures
 
1-800-Flowers Jordan Glogau Presentation - BDI 11/11/10 Social Commerce Leade...
1-800-Flowers Jordan Glogau Presentation - BDI 11/11/10 Social Commerce Leade...1-800-Flowers Jordan Glogau Presentation - BDI 11/11/10 Social Commerce Leade...
1-800-Flowers Jordan Glogau Presentation - BDI 11/11/10 Social Commerce Leade...
 
#Think Big- Pool Corp
#Think Big- Pool Corp #Think Big- Pool Corp
#Think Big- Pool Corp
 
Storeboard WeFunder Investor Presentation
Storeboard WeFunder Investor PresentationStoreboard WeFunder Investor Presentation
Storeboard WeFunder Investor Presentation
 

Recently uploaded

Project File Report BBA 6th semester.pdf
Project File Report BBA 6th semester.pdfProject File Report BBA 6th semester.pdf
Project File Report BBA 6th semester.pdf
RajPriye
 
Meas_Dylan_DMBS_PB1_2024-05XX_Revised.pdf
Meas_Dylan_DMBS_PB1_2024-05XX_Revised.pdfMeas_Dylan_DMBS_PB1_2024-05XX_Revised.pdf
Meas_Dylan_DMBS_PB1_2024-05XX_Revised.pdf
dylandmeas
 
BeMetals Investor Presentation_June 1, 2024.pdf
BeMetals Investor Presentation_June 1, 2024.pdfBeMetals Investor Presentation_June 1, 2024.pdf
BeMetals Investor Presentation_June 1, 2024.pdf
DerekIwanaka1
 
Sustainability: Balancing the Environment, Equity & Economy
Sustainability: Balancing the Environment, Equity & EconomySustainability: Balancing the Environment, Equity & Economy
Sustainability: Balancing the Environment, Equity & Economy
Operational Excellence Consulting
 
Putting the SPARK into Virtual Training.pptx
Putting the SPARK into Virtual Training.pptxPutting the SPARK into Virtual Training.pptx
Putting the SPARK into Virtual Training.pptx
Cynthia Clay
 
Bài tập - Tiếng anh 11 Global Success UNIT 1 - Bản HS.doc.pdf
Bài tập - Tiếng anh 11 Global Success UNIT 1 - Bản HS.doc.pdfBài tập - Tiếng anh 11 Global Success UNIT 1 - Bản HS.doc.pdf
Bài tập - Tiếng anh 11 Global Success UNIT 1 - Bản HS.doc.pdf
daothibichhang1
 
Set off and carry forward of losses and assessment of individuals.pptx
Set off and carry forward of losses and assessment of individuals.pptxSet off and carry forward of losses and assessment of individuals.pptx
Set off and carry forward of losses and assessment of individuals.pptx
HARSHITHV26
 
Evgen Osmak: Methods of key project parameters estimation: from the shaman-in...
Evgen Osmak: Methods of key project parameters estimation: from the shaman-in...Evgen Osmak: Methods of key project parameters estimation: from the shaman-in...
Evgen Osmak: Methods of key project parameters estimation: from the shaman-in...
Lviv Startup Club
 
Helen Lubchak: Тренди в управлінні проєктами та miltech (UA)
Helen Lubchak: Тренди в управлінні проєктами та miltech (UA)Helen Lubchak: Тренди в управлінні проєктами та miltech (UA)
Helen Lubchak: Тренди в управлінні проєктами та miltech (UA)
Lviv Startup Club
 
Organizational Change Leadership Agile Tour Geneve 2024
Organizational Change Leadership Agile Tour Geneve 2024Organizational Change Leadership Agile Tour Geneve 2024
Organizational Change Leadership Agile Tour Geneve 2024
Kirill Klimov
 
Bài tập - Tiếng anh 11 Global Success UNIT 1 - Bản HS.doc
Bài tập - Tiếng anh 11 Global Success UNIT 1 - Bản HS.docBài tập - Tiếng anh 11 Global Success UNIT 1 - Bản HS.doc
Bài tập - Tiếng anh 11 Global Success UNIT 1 - Bản HS.doc
daothibichhang1
 
The Influence of Marketing Strategy and Market Competition on Business Perfor...
The Influence of Marketing Strategy and Market Competition on Business Perfor...The Influence of Marketing Strategy and Market Competition on Business Perfor...
The Influence of Marketing Strategy and Market Competition on Business Perfor...
Adam Smith
 
An introduction to the cryptocurrency investment platform Binance Savings.
An introduction to the cryptocurrency investment platform Binance Savings.An introduction to the cryptocurrency investment platform Binance Savings.
An introduction to the cryptocurrency investment platform Binance Savings.
Any kyc Account
 
LA HUG - Video Testimonials with Chynna Morgan - June 2024
LA HUG - Video Testimonials with Chynna Morgan - June 2024LA HUG - Video Testimonials with Chynna Morgan - June 2024
LA HUG - Video Testimonials with Chynna Morgan - June 2024
Lital Barkan
 
FINAL PRESENTATION.pptx12143241324134134
FINAL PRESENTATION.pptx12143241324134134FINAL PRESENTATION.pptx12143241324134134
FINAL PRESENTATION.pptx12143241324134134
LR1709MUSIC
 
Cree_Rey_BrandIdentityKit.PDF_PersonalBd
Cree_Rey_BrandIdentityKit.PDF_PersonalBdCree_Rey_BrandIdentityKit.PDF_PersonalBd
Cree_Rey_BrandIdentityKit.PDF_PersonalBd
creerey
 
In the Adani-Hindenburg case, what is SEBI investigating.pptx
In the Adani-Hindenburg case, what is SEBI investigating.pptxIn the Adani-Hindenburg case, what is SEBI investigating.pptx
In the Adani-Hindenburg case, what is SEBI investigating.pptx
Adani case
 
Top mailing list providers in the USA.pptx
Top mailing list providers in the USA.pptxTop mailing list providers in the USA.pptx
Top mailing list providers in the USA.pptx
JeremyPeirce1
 
Exploring Patterns of Connection with Social Dreaming
Exploring Patterns of Connection with Social DreamingExploring Patterns of Connection with Social Dreaming
Exploring Patterns of Connection with Social Dreaming
Nicola Wreford-Howard
 
Understanding User Needs and Satisfying Them
Understanding User Needs and Satisfying ThemUnderstanding User Needs and Satisfying Them
Understanding User Needs and Satisfying Them
Aggregage
 

Recently uploaded (20)

Project File Report BBA 6th semester.pdf
Project File Report BBA 6th semester.pdfProject File Report BBA 6th semester.pdf
Project File Report BBA 6th semester.pdf
 
Meas_Dylan_DMBS_PB1_2024-05XX_Revised.pdf
Meas_Dylan_DMBS_PB1_2024-05XX_Revised.pdfMeas_Dylan_DMBS_PB1_2024-05XX_Revised.pdf
Meas_Dylan_DMBS_PB1_2024-05XX_Revised.pdf
 
BeMetals Investor Presentation_June 1, 2024.pdf
BeMetals Investor Presentation_June 1, 2024.pdfBeMetals Investor Presentation_June 1, 2024.pdf
BeMetals Investor Presentation_June 1, 2024.pdf
 
Sustainability: Balancing the Environment, Equity & Economy
Sustainability: Balancing the Environment, Equity & EconomySustainability: Balancing the Environment, Equity & Economy
Sustainability: Balancing the Environment, Equity & Economy
 
Putting the SPARK into Virtual Training.pptx
Putting the SPARK into Virtual Training.pptxPutting the SPARK into Virtual Training.pptx
Putting the SPARK into Virtual Training.pptx
 
Bài tập - Tiếng anh 11 Global Success UNIT 1 - Bản HS.doc.pdf
Bài tập - Tiếng anh 11 Global Success UNIT 1 - Bản HS.doc.pdfBài tập - Tiếng anh 11 Global Success UNIT 1 - Bản HS.doc.pdf
Bài tập - Tiếng anh 11 Global Success UNIT 1 - Bản HS.doc.pdf
 
Set off and carry forward of losses and assessment of individuals.pptx
Set off and carry forward of losses and assessment of individuals.pptxSet off and carry forward of losses and assessment of individuals.pptx
Set off and carry forward of losses and assessment of individuals.pptx
 
Evgen Osmak: Methods of key project parameters estimation: from the shaman-in...
Evgen Osmak: Methods of key project parameters estimation: from the shaman-in...Evgen Osmak: Methods of key project parameters estimation: from the shaman-in...
Evgen Osmak: Methods of key project parameters estimation: from the shaman-in...
 
Helen Lubchak: Тренди в управлінні проєктами та miltech (UA)
Helen Lubchak: Тренди в управлінні проєктами та miltech (UA)Helen Lubchak: Тренди в управлінні проєктами та miltech (UA)
Helen Lubchak: Тренди в управлінні проєктами та miltech (UA)
 
Organizational Change Leadership Agile Tour Geneve 2024
Organizational Change Leadership Agile Tour Geneve 2024Organizational Change Leadership Agile Tour Geneve 2024
Organizational Change Leadership Agile Tour Geneve 2024
 
Bài tập - Tiếng anh 11 Global Success UNIT 1 - Bản HS.doc
Bài tập - Tiếng anh 11 Global Success UNIT 1 - Bản HS.docBài tập - Tiếng anh 11 Global Success UNIT 1 - Bản HS.doc
Bài tập - Tiếng anh 11 Global Success UNIT 1 - Bản HS.doc
 
The Influence of Marketing Strategy and Market Competition on Business Perfor...
The Influence of Marketing Strategy and Market Competition on Business Perfor...The Influence of Marketing Strategy and Market Competition on Business Perfor...
The Influence of Marketing Strategy and Market Competition on Business Perfor...
 
An introduction to the cryptocurrency investment platform Binance Savings.
An introduction to the cryptocurrency investment platform Binance Savings.An introduction to the cryptocurrency investment platform Binance Savings.
An introduction to the cryptocurrency investment platform Binance Savings.
 
LA HUG - Video Testimonials with Chynna Morgan - June 2024
LA HUG - Video Testimonials with Chynna Morgan - June 2024LA HUG - Video Testimonials with Chynna Morgan - June 2024
LA HUG - Video Testimonials with Chynna Morgan - June 2024
 
FINAL PRESENTATION.pptx12143241324134134
FINAL PRESENTATION.pptx12143241324134134FINAL PRESENTATION.pptx12143241324134134
FINAL PRESENTATION.pptx12143241324134134
 
Cree_Rey_BrandIdentityKit.PDF_PersonalBd
Cree_Rey_BrandIdentityKit.PDF_PersonalBdCree_Rey_BrandIdentityKit.PDF_PersonalBd
Cree_Rey_BrandIdentityKit.PDF_PersonalBd
 
In the Adani-Hindenburg case, what is SEBI investigating.pptx
In the Adani-Hindenburg case, what is SEBI investigating.pptxIn the Adani-Hindenburg case, what is SEBI investigating.pptx
In the Adani-Hindenburg case, what is SEBI investigating.pptx
 
Top mailing list providers in the USA.pptx
Top mailing list providers in the USA.pptxTop mailing list providers in the USA.pptx
Top mailing list providers in the USA.pptx
 
Exploring Patterns of Connection with Social Dreaming
Exploring Patterns of Connection with Social DreamingExploring Patterns of Connection with Social Dreaming
Exploring Patterns of Connection with Social Dreaming
 
Understanding User Needs and Satisfying Them
Understanding User Needs and Satisfying ThemUnderstanding User Needs and Satisfying Them
Understanding User Needs and Satisfying Them
 

Research & Strategy Business Proposal: "Arora Moda"

  • 1. Christopher Brown Research & Strategy Proposal 10/17/2011
  • 2. Background Arora Moda is a small Internet retailer that sells both fine and costume jewelry, including necklaces, bracelets, earrings, and rings. Founded Fort Lauderdale, FL by Christopher Brown, Arora Moda has been in business since 2002.
  • 3. Primary Customers • Men shopping for their wives/girlfriends • Women shopping for themselves • Men and women shopping for their mothers.
  • 4. Competitive Advantage • Aurora Moda’s competitive advantage is its excellent customer support and its “personal shopper” service. • The personal shopper service is a live chat with a company representative that helps the customer select the best piece of jewelry for their budget and desires • The company sees spikes in site traffic and sales during the holidays (Christmas, Valentine’s, and Mother’s Day)
  • 5. Virtual Goods • The virtual goods industry is booming! • Analysts estimate that virtual goods could bring in a billion dollars in the United States and around $5 billion worldwide this year • Arora Moda could use virtual good as an incentive to customers to make a purchase with us.
  • 6. “It’s not about the goods itself, it’s about the underlying human emotion or desire.” “The recipient knows the person took time, picked something meaningful and spent money on it.”
  • 7. Social Commerce • Social commerce is a subset of electronic commerce that involves using social media, online media that supports social interaction and user contributions, to assist in the online buying and selling of products and services.
  • 9. Arora Moda will be able to provide an extensive list services and benefits to our online customers: • Receive online group-buy deals. • Flash sales targeted to specific demographic • Sharing of in-store experience online • Receive benefits from customer loyalty online • Reward Facebook credits with purchases.
  • 10. Success Stories P&G experimented with a storefront for Pantene, where consumers could purchase products before they were introduced in stores. Not only did this approach integrate F-commerce into the social equation, it satisfied two of the top reasons consumers consistently report why they “follow” and “like” brands in social media: access to exclusive products and rewards or discounts as a benefit of the connection.
  • 11. References • http://virtualgoodsinsider.com/2009/06/23/five-reason-why-people-send-virtual-gifts/ • "The Goods May Be Virtual, But The Profit Is Real" (Miller and Stone, 2009) at http://www.nytimes.com/2009/11/07/technology/internet/07virtual.html?_r=1 • http://socialdegree.com/2009/08/05/4-advantages-of-a-virtual-goods-business-model/ • “Facebook Hopes Credits Make Dollars” (2010) at http://www.nytimes.com/2010/09/23/technology/23facebook.html?_r=1 • “Online Retailers to Offer Facebook Credits as Shopping Incentives” (Van Grove, 2010) at http://mashable.com/2010/09/27/facebook-credits-for-online-shopping/ • “The Business Guide to Facebook Part 2: From E-Commerce to F-Commerce” (2010) at http://www.briansolis.com/2010/10/the-business-guide-to-facebook-part-2-from-e- commerce-to-f-commerce/ • “How Big Retail is Deploying Social Commerce” (2010) at http://socialcommercetoday.com/how-big-retail-is-deploying-social-commerce- presentation-download/

Editor's Notes

  1. Christopher BrownResearch & Strategy Proposal10/17/2011
  2. Wants to increase sales throughout the year. Thus, we have been researching two concepts that may help increase sales.
  3. Roughly 50%/50% distribution of men and women, women are responsible for 80% of virtual giftings. Weakness: Most of the momentum in the virtual goods market comes not from gifts but from social games, men are only responsible for 20% of virtual giftings
  4. Arora Moda could offer complimentary E-cards to be sent out or our other creative digital media to be sent out to a loved one when a purchase is made.Quotes by Moshe Koyfman, a principal at Spark Capital, which has invested in two virtual-goods start-ups.
  5. Hitting the keys “ALT TAB” allows us to switch the windows we have open on the desktop. In Facebook, Tabs unlock Facebook’s customization features. Whereas storefronts can take residence as a designated destination within the Facebook brand page.
  6. 1-800-Flowers.com hosts a shoplet within Facebook where consumers can browse through arrangements and order without leaving Facebook.Other companies: Dunkin Donuts, Ford, Starbucks,