Presentation from NRF 2019 Retail's Big Show
Sharad Khare, Khare Communications
Eleanor Morgan, Casper
Drew Green, INDOCHINO
Jennifer Braunschweiger, MM.LaFleur
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What Happens When A Digital Native Vertical Brand's Journey Turns Physical
1. What happens when a digital native
vertical brand's journey turns physical?
Sharad Kharé
Kharé Communications
Moderator
Drew Green
INDOCHINO
Jennifer
Braunschweiger
MM.LaFleur
Eleanor Morgan
Casper
7. 2014 TODAY
1 mattress
1 e-commerce channel
Products for the entire
bedroom
Omni-channel with 20+
retail stores and
partnerships with Target,
Nordstrom, Hudson’s Bay
Availability around the world1 country (U.S.)
9. We take a product development
mentality toward retail.
● Launching and learning quickly
● Continually evolving the experience based on customer feedback
● Maximizing flexibility
10. Through a uniquely joyful experience, we aim
to shift the conversation around sleep.
30. Priced for the entire market
Accessible omni-channel
Virtual inventory
High quality and efficient production @scale
Custom, personalized and fitted
Delivered to your door
MAKING AVAILABLE
WHAT WAS ONCE ASPIRATIONAL
35. INDOCHINO SHOWROOMS
• Retail customers spend $100 (25%) more than online
customers on first purchase
• 40% more likely to purchase online in subsequent
purchase vs. online customers
• 37 showrooms across North America
• Very efficient to open; virtual inventory model
• Has rapidly increased brand awareness and
expanded our customer base
36. • All potential customers are driven to the website.
68% of all transactions originate through
ecommerce engine
• Agnostic about whether they purchase online or
book appointment in showroom. Retail customers
are encouraged to reorder online
• Online business can predict demand in retail;
allows us to forecast and allocate labor as we expand
• All touch points supported by customer
experience, equally
INDOCHINO eCOMMERCE
37. 2015 - 2018
• Forecast CAGR
45% net revenue
• Opened 39
showrooms by
end of fiscal 2018;
57 by end of 2019
• Reduced delivery
from 4 to 2 weeks
Winnipeg, MB
Halifax, NS
Las Vegas, NV
Boston, MA
Toronto, ON (3)
New York, NY (3)
Ottawa, ON
Short Hills, NJ
Philadelphia, PA
King of Prussia, PA
Charlotte, NC
Miami, FL
Atlanta, GA
Washington, DC Area (2)
Columbus, OH
Nashville, TN
Dallas, TX
Austin, TX
Houston, TX
Chicago, IL
Minneapolis, MN
Scottsdale, AZ
Los Angeles, CA (2)
Denver, CO
Newport Beach, CA
San Francisco, CA
Vancouver, BC (2)
Edmonton, AB
Calgary, AB
Seattle, WA
38. • North American expansion
• Product expansion
• Inventory expansion
Deliver 1,000,000 made to measure suits a
year through a commitment to innovation,
design and the core values we live by.
2019 & BEYOND...
OUR MISSION