E-commerce grew 20% for Costco in fiscal 2015—20 times faster than store sales.
This daily-deal site is no middleman; it owns the items it sells.
If it sounds like a mother’s writing the product descriptions at BabySteals, that’s no fluke. Parent company Steals Network, with about 70 employees, granted 23 maternity leaves in the past two years, says Jana Francis, founder and president. Francis, herself the mother of three, launched BabySteals in 2008 with CEO Rett Clevenger, promising quality products at good prices and great service. Steals Network, unlike some daily-deal sites, buys all the goods it sells, checks the quality, writes the descriptions and displays images of each item in every color on offer. Because all items are in stock, the e-retailer can ship orders the same day. “We’re not a middleman,” Francis says. “We’ve seen it, touched it, tried it on and have it in our possession, so we truly know what we’re talking about.”
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