| Riptide
simultaneously developed investor education collateral, print marketing
and staff motivation material to consolidate the leadership position
that SkyMall was heading for (and achieved).
Within
three months of the launch of SkyMall.com average sale values had
increased from $95.00 to $145.00 (a 65% increase). and Look-to-buy
ratios had exceeded 15% (industry average for L2B was around 2%).
Online sales (initiated by web-browsing customers) accounted for
20% of revenues and 100% of transactions were enabled via the online
solution, linked to the in-house call-center.
The
company's pick, pack and ship operation was phased out via an outsourcing
/ partnership strategy to global fulfillment partners, and operations
in London and Berlin were initiated.
Riptide
launched Skymall travel for Skymall in June '98. SkyMall travel
featured ticketing links to 19 airlines with promotional links and
destination content provided by third party partners.
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