Strategy for 2020 2022 - Varusteleka.com
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Varusteleka’s Values: VARUSTELEKA SUPPORTS THE GOOD GUYS The good guys never stray to the dark side. However, that isn’t enough - those in the middle are happy as long as more bad doesn’t happen in this world. Good guys go through the trouble of ensuring that there is more good in this world. 2 5/22/2020 HYVIEN PUOLELLA
Varusteleka’s Vision: TOTAL WORLD DOMINATION We are forerunners We are internationally known We are a growing and profitable company • Continuously develop and try out • We will make Varusteleka known new and better ways to serve as the best and most unique • Take care of business so that the our customers around the world shop to get good, durable company has a solid foundation clothing and equipment • We will be an international role • We are a company in which model • Bring prosperity to Finland: Sell employees may improve upon more abroad than what we their skills, may be proud of their • We will dare to take risks import work, and enjoy being at work • We will off-set our environmental impact on a long run • We are a company that functions properly as a part of society 3 5/22/2020 HYVIEN PUOLELLA
Varusteleka’s Mission: Take tasks head-on Do something you can be Share knowledge and proud of experiences • Be brave and take initiative • Try to always surpass • We will be open about both customers’, coworkers’, good and bad experiences • Help the customer, and affiliates’ expectations coworker, or affiliate to • Lead by example for our succeed • Do things so well that you customers, coworkers, and want to tell others of your affiliates accomplishments Full responsibility We all have 100% responsibility to work according to our mission, take care of ourselves, our own work ethics, and our behavior at work 4 5/22/2020 HYVIEN PUOLELLA
Strategic themes 2020-2022 Critical battles to win 2020: Impact: Number of customers +++ • Execute ”Brand Level-Up” project from bottom up. Basics in place and brand guidelines in action Brand Level-Up! • Execute Brand page project. Upgrade of Särmä, Särmä TST, Terävä ja Jämä pages in online store • Create a plan for brand marketing for years 2020-2022 Conversion + Make Särmä, Särmä TST Jämä, and Terävä into internationally-known brands • Execution of first brand video Items/order + America First! • Opening of the new sales channel: Amazon US Number of customers +++ • Improve online store speed in US market: server in US soil Accelerate attack on the largest and most • Re-organize influencer marketing. Acquire new influencers and improve relationship with the existing important market in military and outdoors segment ones Conversion + • Improve category management practices and create development plans for all categories for 2020-2022 Conversion +++ Winning Assortment! • Renew category management toolbox (analytics, processes the works) • Enhance supplier relationship management Make the best possible assortment for the customer. Not necessarily the widest, but the best • Improve product life cycle management and de-listing process in order to keep assortment fresh • Expand warehouse capacity and automation Items/order ++ Climate Change. Now! • Assess environmental impact and compensate 2019 carbon footprint Conversion + • Continuous improvement to reduce environmental impact according to Unethicality Program Reduce the environmental destruction caused by • Expansion of circular economy model Varusteleka and promote the circular economy Order Quantity + 5 22.5.2020 HYVIEN PUOLELLA
Strategy 2020-2022 in numbers: Our goal is swift but controlled growth that comes from increased customer numbers, better conversions, and the ability to offer more products per order Amount of orders (thousand) Items / Order Turnover € (thousand) CAGR CAGR CAGR 2019-2022 2019-2022 2019-2022 362 +2% 22.100 10% +15% 325 19.200 5.339 +4% 294 128 4% 269 16.700 5.263 124 14.493 119 5.077 113 4.725 9.306 +36% 112 34% 4,56 4,68 4,78 6.905 84 4,45 62 5.039 47 3.722 109 112 117 122 4% 6.584 7.032 7.455 +7% 6.045 2019 2020 2021 2022 2019 2020 2021 2022 2019 2020 2021 2022 Varusteleka.fi Varusteleka.com Store 6 22.5.2020 HYVIEN PUOLELLA
Impacting Trends Technology changes Scarce resources and Informative and ethical Well-being and Global liberalism and Death of traditional everything climate change consumption importance of free time security policies marketing - content sells Strategy for achieving Total World Domination in Vision: 2020-2022: TOTAL WORLD DOMINATION We are forerunners We are internationally We are a growing and Brand Level-Up! Make Särmä, Särmä TST Jämä, and Terävä into internationally-known brands known profitable company Mission: America First! Take tasks head-on Do something you Share knowledge Accelerate attack on the largest and most important market in military and outdoors segment can be proud of and experiences Full responsibility Winning Assortment! Make the best possible assortment for the customer. Not necessarily the widest, but the best Values: VARUSTELEKA SUPPORTS Climate Change. Now! THE GOOD GUYS Reduce the environmental destruction caused by Varusteleka and promote the circular economy 7 5/22/2020 HYVIEN PUOLELLA
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