6 Business Lessons Business Owners Learn From Crocs

Business lessons from Crocs

 

The shoe above must look very familiar.

It is called the “Clogs” by Crocs. The design is modeled after a crocodile. The company was started in 2002 and the shoes were initially made for boating use.

The company has had a roller coaster movement in the past decade and there is so much we can learn from them.

 

Stick around, and let’s explore them!

In 2008, investors wrote the company off as a passing fad. Crocs lost over 185 million dollars within this time.

However, after a decade, they were able to bounce back and sell over 700 million shoes. What lessson can we learn from this?

Lesson 1:

Always stay true to your dream. Never give up, crisis are temporary.

 

 

Crocs were able to infuse their shoes into fashion shows/runways.

This drove huge acceptance for the product, which was formerly one of the most hated shoes.

Lesson 2:

Look for new channels to create acceptance for your products

 

bieber_crocs_05Crocs created limited editions in partnership with celebrities/top brands like Post Malone, Ariana Grande, Justin Bieber,etc.

They also invested heavily in influencer marketing.

Lesson 3:

 

Partnerships always create more exposure and sales opportunities. No matter how good your product is, if you don’t make noise about it, no one will.

Crocs contextualized their product as consumer preferences varied. They manufactured clogs with different colours, designs and shapes.

Lesson 4:

It is always good to listen to the true wants of customers and re-adjust your products as their needs evolve.

crocs-kids-classic-lined-clog-slippers

 

Get Full Case Study and more, on the Bellafricana Membership Platform.

Click on this link to sign up to the Bellafricana community.

As a Bellafricana member, you get access to:

  • Masterclasses
  • Guides and templates
  • Tools
  • Courses
  • Special business discounts…

and lots more.

Don’t miss out on this opportunity to learn firsthand how you can grow and scale your business.  Sign up to the community now.

 

The Bellafricana Official Launch Party | New Membership Platform Unveiled

Hi There! Did you hear about the Bellafricana Official Launch Party? The one where we unveiled the membership platform? Yes, on May 11, we hosted a virtual party. And like the previous one (the creatives’virtual meetup), it was so much fun.

It was basically a reunion of people who have supported the Bellafricana vision to impact creatives across Africa! We had a turnout of over Hundred participants altogether at the Party. Mentors and friends of the brand (even past the shores of Africa) were in attendance as well.

The evening was a fun one, with our DJ giving us some cool music to vibe to. Beatrice Miangogo, the compere for the evening did an amazing job as the program glided so smoothly till the end.

What was the highlight of the evening? The official Launch of the membership platform! Let me quickly walk you through:

1. We started with a countdown video

We had everyone unmute their Mics and countdown in Unison from 10 down to 1, after which we unveiled the platform. It was such Watch it here:

2. After unveiling the video, we also shared an explainer video that broke down what the platform was about.

Watch video here:

The membership platform is tout to bring a solution to the lack of resources that creative business owners have today

In this platform, you’ll find expert-led masterclasses, a wide variety of tools, Directories (of Creative brands, Suppliers, Retailers, Wholesalers, and Associations). See what I’m talking about below:

 

Welcome Page
Welcome Page

 

Webinar with Chioma Ogbudimkpa
Masterclass Recordings: Watch Expert-led sessions

 

Bellafricana Directories
Bellafricana Directories: Access Suppliers, Associations, Wholesalers, etc

 

TOOLS PAGE for bellafricana membership platform

 

Can you see how rich this platform is? The best part is that this learning is self-paced, and you can learn at your convenience. Another interesting feature of this platform? Let me show you:

Business stage for Bellafricana Members

So you don’t get too overwhelmed with information, once you log on to the dashboard, you can find information based on your business stage.

Are you in:

The starter stage: You are in this category if you haven’t generated up-to 6-figures in profit yet or not gotten up to 50 customers.

The Scaler stage: You are in this category if you have generated over 6-figures in profit but not up to 7-figures. Your customer base is not up to 100 customers yet.

The Player stage: You are in this category if you have generated over 7-figures in profit and have gotten over 100 customers.

Now, once you’ve identified your business stage, you will then be guided to the list of information that you will be needing to scale your business.

We have already received mind-blowing feedback from users about how wonderful the user-experience is. You can also enjoy these benefits and more a member of the Bellafricana community.

Why not click on the link below:

www.bellafricana.com/member-signup

You can also check out the affordable pricing for subscription on this platform:

www.bellafricana.com/membership-package

If you have further enquiries, don’t hestate to reach out to me on 08086363970 or reply this post.

Kenyan Company Green Nettle Textile won a major fashion award for making fabric from nettles

Organic fibers made from nettles has bagged a Kenyan company one of the world’s top sustainable fashion prizes.

Green Nettle Textile was this year awarded almost $170,000 as part of the $1.1 million Global Change Award, a fashion innovation challenge initiated by H&M Foundation in collaboration with management consulting firm Accenture and the KTH Royal Institute of Technology in Sweden. Described by some as the Nobel Prize for sustainable fashion, the award seeks to disrupt the fashion industry by choosing early stage ideas and incubating them towards the goal of an environmentally-conscious, circular fashion instead of a wasteful, linear model.

This year, the competition received 6,640 entries from 182 countries, with a tremendous increase in entrances from emerging markets. Nigeria, Ghana, Kenya, and South Africa were among the top 10 nations that submitted entries for the award.

Green Nettle won the award along with four other firms that made expanding children’s clothes (United Kingdom), a biodegradable vegan leather (Peru), a digital system that helps make garments recyclable from sketch to scrap (Germany) besides a toxic-free membrane for outdoor wear (Switzerland). Besides financial support, the winners will also get access to a mentorship program that will take them to markets including Sweden, Hong Kong, and the United States.

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Using nettles in producing fabric was astute given that the plant grows in Kenya and is used for nutritional and medicinal purposes. After the Kenya Bureau of Standards certified the plant in 2009, farmers in Kenya started betting on its newfound commercial capabilities. Green Nettle Textile is now proving an extension of that dynamism, hoping to grow the stinging plant in barren areas to make an environmentally-friendly alternative to conventional fabric and create income for farmers.

As clothes become cheaper and more disposable, the fashion industry has explored how to create clothes for rapidly growing populations while protecting the planet. The overproduction and overconsumption of fast fashion have especially come under criticism—including how eco-friendly is clothing from the chief GCA award sponsor H&M. There have also been concerns about how much energy and water clothing production consumes, besides how much industrial waste factories release into oceans, rivers and natural habitats. Environmental groups like Greenpeace have, for instance, advocated for companies to change their customers’ mindsets and to design clothes for long life.

In Africa, where there’s a nascent manufacturing and fashion industry, local designers are not just challenging reductive ideas of what makes up “African” fashion but also where to source materials from. Last year, Rwanda raised tariffs on used clothing and footwear from the US as it positions itself to become a significant exporter of clothes. Yet funding has proved critical for these designers and manufacturers, an issue creative funds like HEVA want to change.

To further support companies like Green Nettle, H&M Foundation this year partnered with crowdfunding platform Indiegogo to not only get more people to back the winners but also raise awareness about sustainable fashion worldwide.

This article was originally published on qz.com

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