R.E.I

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R.E.I

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R.E.I Trevor Crosta Kevin Sullivan Amy Hudspeth Company Perspectives REI offers quality gear, clothing and footwear selected for performance and durability in muscle ... – PowerPoint PPT presentation

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Title: R.E.I


1
R.E.I
  • Trevor Crosta
  • Kevin Sullivan
  • Amy Hudspeth

2
Company Perspectives
  • REI offers quality gear, clothing and footwear
    selected for performance and durability in
    muscle-powered outdoor recreation, including
    hiking, climbing, camping, bicycling, paddling
    and winter sports.

3
Company Overview
  • Founded by a group of climbers in 1938
  • Operated in the back of a gas station until first
    store was opened in Seattle in 1944 due to high
    demand
  • Owned by 1.7 million member-customers creating
    one the largest Consumer cooperative (Business
    owned by their customers) in the Nation
  • New President emerged and growth finally took off
    for the company, opening their 2nd store after 31
    years (1975)

4
Overview Cont.
  • After corporate changes it only took one year to
    open a Third store in 1976
  • Board of Directors were very upset with new, fast
    growth claiming that the change was altering what
    R.E.I was created for
  • REI now sells its apparel and gear through a
    chain of 77 stores, a web site, and through a
    mail-order catalog business

5
REI Adventures/ Events
  • REI not only lets you buy gear, they also give
    you reasons to use it!
  • REI adventures offers an amazing amount of trips
    that customers can partake in.
  • The trips are rated from relaxed to strenuous

6
REI Adventures cont.
  • You can choose trips based on destination, or
    type of activity.
  • Why use REI trips??
  • Experienced local guides
  • Meeting new people
  • REI member discounts
  • Great food
  • REI Adventures Web Page
  • Free Demo Days

7
Sustainability
  • YouTube - Outdoor Retailer Live Kevin Hagen of
    REI

8
SWOT Analysis Strengths
  • Strong Brand Loyalty
  • Very philanthropic and are very active in
  • Green building
  • Waste management
  • Climate change and energy
  • Paper sourcing
  • Many more!
  • Strong connections with employees
  • It has been on the FORTUNE magazine's list of the
    "100 Best Companies to Work For" every year since
    the rankings began in 1998

9
SWOT Analysis Weaknesses
  • They only have stores in half the states in the
    US
  • REI-Outlet.com items are only sold online, you
    cant find them in any stores
  • They dont have as large of sections in womens
    and childrens clothing and gear as they do
    mens\
  • Store Location is terrible sometimes!

10
SWOT Analysis Opportunities
  • Expand into states in the mid-west because those
    are states that have the opportunity for outdoor
    activities and sports
  • Improve their image towards women and children to
    try to boost sales in those areas

11
SWOT Analysis Threats
  • LL Bean, who also has strong brand loyalty, could
    be a threat to them
  • Sports Authority, Bass Pro Outdoor World
  • In general, other stores with strong brand
    loyalty that provide excellent outdoor gear

12
Cool Youtube Video!
  • Speed Rock Climbing!!!
  • This is the kind of customer the REI has!
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