Boo: Poster Child for Dot Failure?

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Boo.com: Poster Child for Dot.com Failure? Presented By: Richard Nagel

description

Boo.com: Poster Child for Dot.com Failure?. Presented By: Richard Nagel. Introduction. New business for online shoppers Offered high-quality designer sportswear Offered brand names such as: North Face Adidas Fila Cosmic Girl. How Boo.com worked. - PowerPoint PPT Presentation

Transcript of Boo: Poster Child for Dot Failure?

Page 1: Boo: Poster Child for Dot Failure?

Boo.com: Poster Child for Dot.com Failure?

Presented By:

Richard Nagel

Page 2: Boo: Poster Child for Dot Failure?

Introduction

New business for online shoppers Offered high-quality designer sportswear Offered brand names such as:

– North Face– Adidas– Fila– Cosmic Girl

Page 3: Boo: Poster Child for Dot Failure?

How Boo.com worked

Enabled online-shoppers to view products in full-color and three dimensional

Zoom Feature Rotate items 360 degrees Advanced search engine allowed to search

by color, brand, price, and style Miss Boo – animated figure for questions Loyalty points

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How Boo.com worked

Free delivery within one week Free returns Fluent in seven languages Local currencies were accepted from 18

countries– These countries national taxes were calculated

and collected

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Issues

Launch date kept changing Spent 25 million in advertising alone Only 40% of customers could access site Site design was slow and difficult to use 1 in 4 attempts to make purchase worked Site not compatible with Macintosh Spent over 200 million to launch the site

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Short Life Span

Boo.com was live for about 6 months Site too complex for users Losing money and had to discount clothing

40 percent Poor planning and control

– Budgeting, planning, execution

Bought out by Fashionmall.com

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Recommendations

Start with smaller region Established a firm budget Test the software

– Prevented slow times– Access issues

Researched what the users had– Type on internet service– What their expectations were