1. … welcoming new homeowners for 80 years Presentation by Management September 2008
2. Management team CHRIS CAPEZZUTO General Manager HELENE RICCINTO Vice President, Operations MALCOLM SARNO Vice President, Production and Fulfillment MICHAEL FOLKS Vice President, Local Sales MICHELLE GROVER Division Controller ANTHONY ANCONA Director, Human Resources DEBORAH HENRIKSEN Director, Marketing
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13. After 80 years, we’re part of American culture
16. New movers: a lucrative target Moving triggers a wave of expenditure on move-related products and services This spending yields a staggering mover-related industry of approximately $170 B illion annually in the U.S. Source: High Point Associates, September 2006
48. Path to profitability ( not in projections) Initiatives Costs Benefits Invest in new online order entry and publishing system $700,000 Cost savings: $900,000 annually Invest in web development ; possible integration of welcomewagon.com and Hello Welcome Wagon sites Move has invested $1 million in the Hello Welcome Wagon website; additional investment depends upon scope Significant local business directory + social networking site = increased traffic = advertising dollars = revenue gains Active solicitation of new mover email addresses to enable development of an email product 3 rd party Email Service Provider + promotion investment New revenue channel Suspension of lower-value Books None Increase average book value; more cost efficiencies Outsource new product development Partner with direct mail experts in consumer redemption to improve results tracking on behalf of clients $50,000 Improved renewal rate will enhance revenue TBD Expand our current resource capabilities