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Eliza
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Thanks for sharing! This seemed relevant to me because I just had my first Rent the Runway experience. I鈥檓 glad you touched on the convenience level for customers. While ordering from RTR, it seemed like the company had answered every concern I had 鈥 Will I get it on time? Will it be dirty? Will it fit? Will it be a pain to return it? RTR had all of these bases covered. It was a no-hassle experience that made dressing up fun.
However, I would be curious to see how they do with renting clothing outside of formalwear. I noticed this option on their website, and I don鈥檛 know if I would be inclined to rent a jacket from them. Formal dresses definitely fall in the 鈥渙nly wear it once鈥 category but a jacket doesn鈥檛. By offering different kinds of clothing, does RTR slightly change their business model? I also wonder how easy it would be for another company to start a similar business. Food for thought as RTR continues to grow.
Sinem 鈥 Great post. Like we鈥檝e talked about, I want to intern at a large CPG company this summer. I hope to benefit from the excellent training in marketing they provide. One thing I continually 鈥渇ret鈥 over is whether some of these CPG companies are good for our world 鈥 environmentally, socially, etc. In Marketing class, we debated whether Unilever was 鈥渢wo-faced鈥 for its Dove campaign considering Axe Body Spray is also owned by Unilever and sends a sexist message. However, I think the CMO鈥檚 quote that marketing and social are 鈥渢wo sides of the same coin鈥 shows how Unilever is working to align its business model to its operating model. Indeed, its sustainability efforts have been a part of the products that it鈥檚 making and marketing. The deodorant example demonstrates this well.
Thanks for sharing!