Case Study No. 8
Kaboodle—A
Successful Social Shopping Web Site
Kaboodle is a social shopping Web site
created in 2005. The idea for the Web site grew out of the frustration that
Manish Chandra and his wife, Asha, experienced when remodeling their home. The
process of finding products that matched their taste, identifying the retailers
of those products, and searching for bargain prices was tedious and time
consuming. As a result, Chandra created Kaboodle, an online social shopping
community where members can discover and recommend new products. Kaboodle
members can create shopping lists, read product reviews, and get help making
purchasing decisions.62
Kaboodle members can install a Kaboodle
browser toolbar, which includes an “Add to Kaboodle” button. As they are
browsing the Web, members can click the “Add to Kaboodle” button on their
toolbar when they see a product that interests them. (Retailers can also easily
add an “Add to Kaboodle” button to their individual product Web pages.) With a
click of the button, a summary of the product is added to the member’s Kaboodle
page—including a description, a picture, and pricing information. The member
can add comments to the product snapshot, save it in a customized list, and
share it with others to invite their input. And because all members’ Kaboodle
pages are public, other members can copy information about items they’ve
already found onto other members’ pages to help them in their shopping
research.
In addition to the advantages that
Kaboodle offers to shoppers, the site offers two compelling benefits for
retailers. First, customers simply need to review their personal Kaboodle pages
to remember what they wanted to buy from the retailer. Second, when Kaboodle
members add the retailer’s product to their list, others can discover that item
and add it to their lists.63
In just two short years, Chandra and his
team created a highly successful Web site—so successful, in fact, that Hearst
Corporation purchased it in August 2007 for about $40 million. It is now part
of Hearst Magazines Digital Media, which manages 24 Web sites and nine mobile
sites.64 At the time of its purchase, Kaboodle had about 2 million unique
monthly visitors.65 By the end of 2008, the number of unique monthly visitors
had exploded to nearly 10 million.66
Questions to Answer:
- Register as a new user at Kaboodle
(it’s free) and experiment with the social shopping Web site. Briefly
summarize how easy or difficult it was to join, discover products you were
interested in, create a list, use the “Add to Kaboodle” button, and look
at similar lists created by other members.
- The user interface was good enough for
users to understand the system. However, there was some issue on connectivity
to internet. It cannot connect to server. Base on some google search of their
products, their home products are good enough base on aesthetics.
- Based on your experience, what
recommendations for improvements or new features do you have?
- Based on my own experience, they should
regularly update their own product if it is still available and if there are
new products. They should also include user rating from previous buyers. I also
think that they should upgrade their system regularly to keep up with the
current technology.
- Would you expect the number of
members in social shopping Web sites to continue to grow over the next few
years? Why or why not?
- Yes, because the world right now depends
so much with the internet nowadays. Most of my friends and colleagues almost
use online shopping sites to purchase their own wants and needs. With the
current trend, the number of people using the online shopping websites will
continue to grow over the years.
Comments
Post a Comment