Smarter Planet Leadership Series
Start Today’s Zozotown A case study in smarter planet leadership
Giving shoppers a smarter path to fashion-buying fulfillment
— Yusaku Maezawa, CEO, Start Today Co., Ltd.
— Toshiaki Shimizu, Director of Customer Friendship Management Department, Start Today Co., Ltd.
Behind just about every pioneering entrepreneur is an interesting and often telling back-story that illustrates the special qualities – factors like leadership, vision and drive – that have proven to be the hallmark of their success. For Yusaku Maezawa, that story began in his late teens, when he set out for California from his native Japan intent on parlaying his strongest passion – a consuming love of rock and roll – into a career on the artistic side of the music business. Upon his return to Japan, Maezawa started importing CDs and phonograph records of his favorite indie rock bands and selling them by mail order – with his parents’ small room as the first base of operations. When he first started in apparel commerce in 2000, he opted to concentrate on the business side, reflecting the increasing difficulty of juggling his music activities and his burgeoning commerce site. That was back in 1995. Maezawa may not have known it then, but in these humble beginnings he had established the DNA of what would become a highly successful business approach. More importantly, he had displayed a set of leadership qualities – a willingness to take a different path and to define success his own way, all driven by a steadfast commitment to a vision of what he wanted to bring to the customer. In the ensuing decade, as Maezawa moved beyond music into Japan’s edgy youth fashion business, he remained faithful to these values as he founded Start Today Co., Ltd., built Japan’s largest online fashion channel – known as Zozotown – and in the process made himself a success story.
Leadership Spotlight Professional musician Yusaku Maezawa founded Zozotown and turned it into Japan’s largest and fastest growing fashion site. To take it to the next level, he conceived of a new model of customer engagement and turned to Toshiaki Shimizu – his Director of Customer Friendship Management – to make it a reality.
How Start Today’s Zozotown got smarter With a true believer’s zeal, Yusaku Maezawa is on a mission to bring the widest array of fashion brands – both big and small – to Japan’s youth market. The success of his channel, an online fashion mall known as Zozotown, is measured by its 3.8 million registered members. So how do you improve upon a business model that’s enabled 150 percent annual revenue growth? Maezawa did it by enriching and personalizing the customer’s experience, by tailoring highly relevant promotions that reflect each customer’s fashion-buying profile. In just the first six months, this “customer friendship” approach has driven as much as a 10x increase in conversion rates. And Maezawa and Shimizu are just getting started.
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