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ZU - Zulily Inc Analyst Day
PRESENTATION
Darrell Cavens - zulily, inc. - President, CEO, and Co-founder
Well, I'd love to first off just welcome everybody to our fulfillment center here in Columbus. Appreciate those of you here in person taking the time
and coming out here. I know it's not necessarily the easiest place to get to, but we think we've got something pretty special here to show you today.
So I'm going to walk through a set of slides on the business. And we've got a few new stats and updates that many of you have been asking us for.
And we're going to show you a little more about what's going on behind the scenes.
And then I'm going to have Bob Spieth, my Chief Operating Officer, come up and spend a little time talking about fulfillment, what we've built
here, and then we're going to spend a little time out on the floor and show you the process of how a zulily order flows through and how we execute
it.
So first off, my friendly handy-dandy lawyers have asked me to read this statement before we get started. I just want to spend a few seconds on
the special note regarding our forward-looking statements.
As with most presentations, the following discussion contains forward-looking statements and our actual results may differ materially from those
discussed here. Additional information concerning factors that could cause such a difference can be found in our most recent annual and quarterly
report filed with the SEC. Thanks for that.
So I think many of you that follow the business know this well, but just as I start talking to people about the business, I think it's always useful to
reiterate what is special about zulily.
When Mark and I started this business back in 2009, 2010, what we had seen over the last 10 years was e-commerce be all about bringing the
big-box store online. And it was about more selection, more product, and if 50 of a product was great, 500 must be better. It was all about how
that broadened offering.
And we really thought that consumers would be open to a different way of shopping. We were seeing some kind of passion in the flash space
around browse and discover experiences. Really kind of bringing that specialty retail experience online.
And I think what we have to realize is that customers come into our site every day, so the tens of thousands of people that have bought from us
already this morning -- they showed up not intending to buy. So they showed up to get in experience and discover what is fresh and new.
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