7. 1,000+ brands
200,000+ styles
6 million items
in warehouse
100% inventoried
8. Customer Service:
What customers see first
24/7 1-800 number on every page
Free shipping
Free return shipping
365-day return policy
8
9. Customer Service:
What customers experience
Fast, accurate fulfillment
Surprise Upgrades
Occasionally direct to competitors’ web sites
9
10. Customer Service:
What we do internally
No call times/sales goals
Culture Reviews
4 weeks of training
10
11. Customer Service:
What we do internally
Pay to Quit
Culture Book
Interviews Based on Culture
11
12. CORE VALUES
AT ZAPPOS
1. Deliver WOW Through Service
2. Embrace and Drive Change
3. Create Fun and a Little Weirdness
4. Be Adventurous, Creative, and Open-Minded
5. Pursue Growth and Learning
6. Build Open and Honest Relationships With Communication
7. Build a Positive Team and Family Spirit
8. Do More with Less
9. Be Passionate and Determined
10. Be Humble
We hire, fire, review, and build our business off of these values.
36. DOWNTOWN PROJECT GOALS
Live/Work/Play – Walking Distance
The Most Community-Focused Large City
in the World
The Co-working and Co-Learning Capital
of the World
38. ROI vs. ROC
Instead of maximizing short-term ROI
(Return On Investment)…
We focus on maximizing long-term ROC
(Return On Community)
39. ROI vs. ROC
Instead of maximizing short-term ROI
(Return On Investment)…
We focus on maximizing long-term ROC
(Return On Community)
and institutionalizing ROL
40. ROI vs. ROC
Instead of maximizing short-term ROI
(Return On Investment)…
We focus on maximizing long-term ROC
(Return On Community)
and institutionalizing ROL
(Return on Luck) - Accelerating Serendipity
41. THE BIG BET
Accelerating
Collisions, Community, and Co-Learning
42. THE BIG BET
Accelerating
Collisions, Community, and Co-Learning
…will lead to…
Happiness, Luckiness,
Innovation, and Productivity
45. WHY DO THIS?
We live here
Zappos – ultimately help us attract and retain
more employees
46. WHY DO THIS?
We live here
Zappos – ultimately help us attract and retain
more employees
City – Help revitalize downtown
47. WHY DO THIS?
We live here
Zappos – ultimately help us attract and retain
more employees
City – Help revitalize downtown
World – Help inspire other cities
55. $50M – Small Businesses
• Criteria
– Owner Operated - Passionate
– Helps Build Community
– Execution Ability
– Sustainable
– Unique or First or Best at Something
56. $50M – Small Businesses
• Criteria
– Owner Operated - Passionate
– Helps Build Community
– Execution Ability
– Sustainable
– Unique or First or Best at Something
– Story-worthy
68. $200M – Residential & Real Estate
http://ecx.images-amazon.com/images/I/510Ph%2BqMw-L.jpg
69. WHEN CITIES DOUBLE IN SIZE…
Productivity and innovation per resident
increases by 15%
(But not true for companies)
Accelerate serendipity -> Accelerate learning ->
Accelerate productivity and innovation
70. 3 INGREDIENTS FOR SERENDIPITY
1. Residential density of at least 100
residents/acre
2. Street-level activity for residents to
collide
3. Culture of openness, collaboration,
creativity, and optimism
71. HOW TO ACCELERATE LEARNING &
INNOVATION
Maximize serendipitous interactions
Density in the office
Density in the city
Collisions vs. convenience
72. DIFFERENT GROUPS COLLIDING
1. 2000 Zappos employees
2. 1000 Teach For America corp members
and alumni
3. Tech Startup Community
4. Small Business Community
5. Art and Music Communities
6. Other Passion Communities
7. Local Residents
74. LEARNING FROM ZAPPOS &
COWORKING…
Culture is to a Company
as
Community is to a City
75. LEARNING FROM ZAPPOS &
COWORKING…
Culture is to a Company
as
Community is to a City
Values
Innovation
Serendipity
Participation
Upward Mobility
Attracting Startups and the Creative Class
86. OUR BIG BET… 3 Guiding Principles
Accelerate:
1. Serendipity/Collisions
2. Community/Culture
3. Learning
And everything else will fall into place…
(productivity, innovation, growth, happiness)
What will people say about downtown?
87. “Downtown Will Make You Smarter”
http://langintro.com/lv_dec_2010/pics/0950_emergency_arts_window.jpg
88. 50% of Humans Live in Cities
http://ecx.images-amazon.com/images/I/510Ph%2BqMw-L.jpg
89. 75% Will Live In Cities in
Our Lifetime
http://ecx.images-amazon.com/images/I/510Ph%2BqMw-L.jpg