Posts Tagged Zappos

By Tom Polanski, EVP, eBrand Media and eBrand Interactive

A person can make a series of reasonably sound assumptions by the way a company treats it vendors. Savvy Senior Managers understand that the value they place on their vendors, customers and employees is directly proportionate to the value they place on their brand. Good relationships will always add to the brands equity.

Unfortunately, over the past 5-6 years, many managers, and merchants, have seemingly forgotten the importance of, and the investment needed, to build a brand. Most of the people I’ve met over the years have been driven by a direct return on investment now mentality. Too few were forward thinkers. These people wanted X number of dollars back for every dollar invested and many times, considering the gross margins they made, one could only arrive at the conclusion that they thought of their businesses the same way they’re customers thought of their homes; as ATM’s.  I often wondered where the revenue was going. As far as I could tell it wasn’t going into creating a platinum level, end-user experience.

I think the companies that will thrive during this economic transition have been companies that have always had a coherent, cogent vision for the company’s present and future. In addition, management takes care of their employees; they create a positive environment and treat their people like a valuable resource. As a result, the return they see on the the investment they’ve made in their human resources typically exceeds the usual. These employees aren’t just showing up for work to trudge through another day.

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