Interim Help - Case Studies

E-Commerce Service

 
Up
ERM Solution
E-Commerce Service
Textile Manufacturer
Apparel Manufacturer
Chinese Giftware
Law-Sole Practioner
Larger Law Firm
Digital Gold Currency
Computer Manufacturer
Top 50 CPA Firm
Retail POS Software
Specialized Software
Seafarers

 

 

 

 

 

 

 

PROBLEM:
This startup company had a unique service where they were able to harness families together using an “electronic fridge” which family members used to post information of interest to the families, i.e., pictures, announcements, private notes, etc. As a startup, they had limited resources and needed to get to market quickly.

 

SOLUTION:
We took on the roles of CFO and Marketing Consultant and created a plan to test market selling some products, which resulted in very high sales percentages (34%). We also developed a financial plan to monitor the results and the payout to affiliates. This was the start of “viral marketing” now used by many companies. This concept and the results were of appeal to advertising companies.
 

 

RESULTS:
The company was sold to a public-company at an excellent price—32 times annual sales.

 

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