How Skullcandy Handles Omnichannel from DRS, 7.29.14

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Jason Bertrand from Skullcandy presentation deck from Digiday Retail Summit, 7.29.14

Transcript of How Skullcandy Handles Omnichannel from DRS, 7.29.14

How Skullcandy Handles Omnichannel

Jason BertrandSenior Manager, Customer Acquisition

Skullcandy Digital

• Where We Went Wrong

• Brand Reset

AGENDA

• The Skullcandy Story

THE SKULLCANDY STORY

“Born on a Chairlift”

Technology + Lifestyle

SKULLCANDY BRAND VIDEO

+

THE SKULLCANDY STORY

2011 / 2012

Where We Went Wrong

CHASING UNHEALTHY REVENUE

Brand “Reset”

EDIT DISTRIBUTION

CREATE PRICING PARITY

ENFORCEMENT

DISCOUNTING CONSISTENCY

BRAND “RESET” TACTICS

EDIT DISTRIBUTION

• Editing out a handful of authorized online dealers who are brand damaging

• Dealers who have consistently contributed to inconsistent pricing

• Answer the question: “Who are the right partners for representing the Skullcandy brand online?”

CREATE PRICING PARITY

The theme is:

PARITYAcross all Skullcandy retailers,

including Skullcandy.com

CREATE PRICING PARITY

ENFORCEMENT

1st Violation

3rd Violation

2nd Violation

DISCOUNTING PERIODS

• Consistent periods of discount-ability across all Skullcandy retailers

• Objective: same products are being discounted at the same time no matter where a shopper goes physically or visits online

Graduation Christmas / Chanukah / Festivus / etc.Back to School

QUESTIONS?