Question

What modifications can be made to Zara's e-commerce storefront to offer resale directly?

Zara can make several modifications to its e-commerce storefront to offer resale directly. Firstly, it can integrate a resale section into its existing online platform where customers can buy used, repaired, or refurbished items. This section should be easy to navigate and clearly distinguishable from new products. Secondly, it can implement a system for customers to sell their used Zara items back to the company through the platform. This could involve a form for customers to fill out detailing the item's condition, original purchase date, and other relevant information. Lastly, Zara could also consider offering incentives such as store credit or discounts to encourage customers to participate in the resale program.

This question was asked on:

First, Zara will need to brainstorm how to eliminate or reverse its waste problem. It already has a repair and reuse program to drop off used garments in store, so it can dedicate more budget to grow this initiative, and maybe even modify its e-commerce storefront to offer resale directly. For delivery, it could adopt AI to calculate more accurate product volumes. For product, now that it will aim for 50% recycled material in all its new products after 2022, it may need to adapt and modify its business model to charge more for a higher margin.

Asked on

Innovative Solutions Presentation preview
Presentation
24 Slides
3 Formats

Preview (24 Slides)

Title Slide preview
Industry Attractiveness Slide preview
Behavioral Observation Slide preview
Messaging Map Slide preview
SCAMPER Ideation Map Slide preview
Context Map Canvas Slide preview
Concept Screening Slide preview
Painstorming Slide preview
Distribution Channels Slide preview
Innovation Ambition Matrix Slide preview
70-20-10 Rule Slide preview
R&D Allocation Slide preview
Market Adoption Curve Slide preview
Profit Margin Projection Slide preview
Discovery Driven Planning Slide preview
RVP Framework Slide preview
RPV Capability Slide preview
Disruption Fit Matrix Slide preview
Sustaining vs. Disruptive Innovation Slide preview
Demand and Performance Slide preview
Disruption Tool Slide preview
Organizational Continuum Slide preview
Ambidextrous Organization Slide preview
Sustaining vs. Disruptive Innovation Slide preview

Join for free.
Get new presentations each week.

Receive new free presentations every Monday to your inbox.
Full content, complete versions — No credit card required.

OR

Trusted by top partners