Preview

Zappos Swot

Better Essays
Open Document
Open Document
868 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Zappos Swot
Re: SWOT Analysis of the Culture of Zappos.com
Zappos.com is an online shoe store that was created in 1999 by a man named, Nick Swinmurn. Today it is a multi-billion dollar company thanks to its current CEO, Tony Hseih. One of the reasons Zappos.com has become such successful empire is because it got the economics and operations right. The management of Zappos.com is in my personal opinion, a necessity to a happy and thriving company. Their strategy is to find employees that are going to dedicate themselves to the environment and purpose of Zappos.com. They rely on passion, purpose, happiness, and emotional connection. If you don’t fit right into this, they even offer a $1,000 quit-that-day bonus. They strive on “weeding out” the employees that don’t extend their positive energy to the company. Zappos.com has a lot of different strengths, all of which play a part in their major success. They are a company that focuses on company culture and hiring passionate employees. Which allows the company to run as Hseih designed it out to. Another strength that aids Zappos.com in success is their demand for effective communication. They also believe the importance and impact of feeling good, for both the employee and customer, is key. Tony Hsieh quickly discovered that becoming successful did not begin with the intention to make as much money as possible. He realized then that he should work towards making it a passion instead of an income."Passion and determination are contagious," he says. "We believe in having a positive and optimistic (but realistic) attitude about everything we do, because we realize that this inspires others to have the same attitude." Which I believe is their biggest strength and most powerful. The weaknesses that affect Zappos.com are how the way their management affects their outside controls. Amazon just recently purchased Zappos.com for about $1 billion. One weakness they could experience is how Zappos.com’s fun and relaxed work ethic and



Cited: Bailey, Jean. "Happiness as a business strategy." Massage Therapy Journal Winter 2012: 25+. Academic OneFile. Web. 22 Feb. 2013. Chafkin, M. (2009, May 1). The Zappos Way of Managing. Retrieved from ◦ http://www.inc.com/magazine/20090501/the-zappos-way-of-managing.html McDonald, Shelley. "Delivering Happiness: A Path to Profits, Passion and Purpose." American Economist 56.1 (2011): 127+. Academic OneFile. Web. 22 Feb. 2013. Reid, K, Carolina.. "SHOULD BUSINESS EMBRACE SOCIAL NETWORKING?." EContent. 01 Jun. 2009: 34. eLibrary. Web. 22 Feb. 2013.

You May Also Find These Documents Helpful

  • Better Essays

    Nt1310 Unit 1 Assignment

    • 1657 Words
    • 7 Pages

    “In other words, the secret to happiness through work is earned success” – Brooks adds further. (Brooks 2) Many people consider work as the source of happiness, but for some unclear reasons they fail to find happiness and wonder what they do wrong. Usually they think it is because they work and earn not really much. The truth is that they look for pleasure got from work not in the right way. The value of success is not in material result, it is in improving skills and mastering. Then, Brooks broadens this idea with the phrase: “You can measure your earned success in any currency you choose. You can count it in dollars, sure — or in kids taught to read, habitats protected or souls saved.” It is the great view of success; with such an approach, success will become happiness indeed. Richard Schoch, a cultural critic, in his essay “A Critique of Positive Psychology”, assumes work as the obvious source of happiness. He states that “Work itself—challenging, rewarding and secure employment—also contributes greatly to happiness” (Schoch 451). In fact, it would be strange if successful work could not lead to happiness. Work takes the large part of everyone’s life; being passionate about work, loving it, seeing use of work for society, getting positive results from work – all these are powerful sources of bright emotions and happiness. When a person puts all the efforts and then gets the benefits of it, he…

    • 1657 Words
    • 7 Pages
    Better Essays
  • Satisfactory Essays

    In 2010 world-renowned innovation expert Clayton M. Christensen gave a powerful speech to the Harvard Business School's graduating class. Drawing upon his business research, he offered a series of guidelines for finding meaning and happiness in life. He used examples from his own experiences to explain how high achievers can all too often fall into traps that lead to unhappiness.…

    • 131 Words
    • 1 Page
    Satisfactory Essays
  • Better Essays

    In planning their business, Amazon had to take into account all internal and external factors to avoid catastrophic troubles while beginning their company. The same concept holds true, even today. Internal and external factors affect the planning, organizing, leading, and controlling (four functions of management) functions of management involved in the successful and continual growth of Amazon’s company. Their company began as a planned rival to Google and Microsoft, for lead in the online retail industry. With their original focus, Amazon used four different key values to help their business off-the-ground, and stay focused on their personalized progress. Their ability to zone-in on customers, dynamic pricing, personalized service, and brand variety was their plan for success (Amazon, 2011). It became a primary goal for Amazon to make their customers’ online shopping experience easier and more enjoyable while supplying dynamic pricing options and the convenience of a ‘one-stop’ retail ordering system. The business model of Amazon included selling books, compact discs, movies, electronics, and games. Currently, Amazon has the largest online retail selection because it extends its inventory out to offer home goods,…

    • 1179 Words
    • 5 Pages
    Better Essays
  • Satisfactory Essays

    Weaknesses include internal limitations that may interfere with a company’s ability to achieve its objectives such as business objective and marketing objective. Amazon.com also have weaknesses when doing the internet service and retailing business. Thus, the weaknesses of Amazon.com is high obligation and product slumps.…

    • 415 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Zappos Ceo Tony Hsieh

    • 889 Words
    • 4 Pages

    “Our number one priority at Zappos is company culture. Our belief is that if we get the culture right most of the other stuff like delivering great customer service or building a long-term enduring brand for the company will happen naturally on its own,” says Hsieh who is also the author of a new book “Delivering Happiness: A Path to Profits, Passion and Purpose.”…

    • 889 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    Swot Primark

    • 317 Words
    • 2 Pages

    • Strategic planning to become more global in the marketing environment. Target the market through the advancement of technology, i.e. emarketing and e-commerce (online shopping). Primark to promote its own unique clothing line with a logo for branding.…

    • 317 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Martin Seligman, one of America's top academic psychologists and its leading happiness guru, is visiting Australian on a lecture tour sponsored by, of all outfits, the Australian Institute of Management. His thesis - for which he admits he doesn't yet have scientific proof - is that happier managers and workers lead to higher productivity and profits.…

    • 900 Words
    • 4 Pages
    Good Essays
  • Better Essays

    2. Summary statement of the recommended solution: Due to its low overhead, the more sales that Amazon.com had, the bigger the increase in profit margin on the items it sold. (Collins, Mockler, & Gartenfeld, 2003, p. 3). Also collecting sale payments right away and floating partner retailer’s payments 30 to 40 days, in order to generate a great amount of working capital. Maximize the competitive advantage of not having a retail operating expenses to sell products and services. The introduction of the zShops concept to small and midsized companies provided them a website to…

    • 3537 Words
    • 15 Pages
    Better Essays
  • Better Essays

    Zappos has created a very unique and valuable culture. They have implemented what is called the “Zappos Family Corey Values” that sets the foundation of the entire company. These core values are listed on their company’s website and are recommended for employees to follow on a day to day base. They believe that employees can be motivated, involved and happy to come to work while providing excellent service to customers. Zappos creates a clear line of communication, encouraging employees and constantly motivating them. They want their employees to be innovated, creative and “do more with less” (Zappos, 1999-2014). Most importantly they…

    • 992 Words
    • 3 Pages
    Better Essays
  • Powerful Essays

    Topshop Swot

    • 1604 Words
    • 7 Pages

    Topshop have their own Internet website where garments sell out quickly making shopping accessible to every body also international customers. Here you can buy key garments for the season and see the latest trends. Also offering podcasts of new collections and behind the scene events, thus keeping up with the new technology and creating good PR and generating more sales.…

    • 1604 Words
    • 7 Pages
    Powerful Essays
  • Good Essays

    In the world today, it has been said that having a successful life and a career will make you happy. Moreover, longitudinal studies shows that happiness precedes as well as follows success and many of the effects of positive emotions were parallel by experimental research that induced positive affect in well-controlled studies positive emotions seem to build people’s intellectual, psychological, and social resources that contribute to enhanced happiness, as well. Having success in life is an enjoyable thing when it is involving happiness with positive behaviors. It’s like enjoying something every day, every week, and waking up just to go to work. Have you known somebody, or maybe you have done this yourself, always complain about going to work, or don’t…

    • 629 Words
    • 3 Pages
    Good Essays
  • Good Essays

    What Happy People Know

    • 3635 Words
    • 15 Pages

    References: Baker, D., & Stauth, C. (2003). What happy people know: How the new science of happiness can change your life for the better .USA: Rodale Inc.…

    • 3635 Words
    • 15 Pages
    Good Essays
  • Powerful Essays

    Zappos Case Study Analysis

    • 2355 Words
    • 7 Pages

    Started as a pure shoes E-tailer in 1999 in San Francisco under shoesite.com, Zappos went from $1.6M in gross sales to more than $2 billion in 2011 including apparel, footwear and accessories (Figure:1). The customer service dedicated company created and fostered a great business model that puts the company culture in the driver’s seat. During the recession of 2008 the company laid off 8% of its workforce. Therefore, in 2009 Hsieh, the CEO was forced to sell the company to Amazon in order to keep growing this Las Vegas company without veering from the core values the company developed. It was the best move to stay focused on providing superior customer service while operating almost independently from Amazon.…

    • 2355 Words
    • 7 Pages
    Powerful Essays
  • Good Essays

    Assignemnt1

    • 395 Words
    • 2 Pages

    Building team work, trust and mutual respect: in Zappos employees are respected and empowered. They are treated as family members and feel the company is family to them. CEO of the company works among the cubicles along with all other employees.…

    • 395 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Job satisfaction is an engine that drives organizations to success and keeps turnover rate to a minimum. An article from Harvard Business Review states that “a decade of research proves that happiness raises nearly every business and educational outcome: raising sales by 37%, productivity by 31%, and accuracy on tasks by 19%, as well as a myriad of health and quality of life improvements” (2011, Archor). Additionally, the author Archor asks if there is anything that a company can do to affect employee happiness and should a company invest resources into happiness.…

    • 1130 Words
    • 5 Pages
    Good Essays