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Case Study: Hasbro and Collaborating for Profit



By Anne Field


  Table of Contents:
  1. Case Study: Hasbro and Collaborating for Profit
  2. ' Hasbro Inc'
  3. ' Getting Smarter '
  4. ' New Strategy '
  5. ' Site Reading '
  6. ' Resources '
  7. ' Problems '

Facing budget cuts and the need for product innovation, the embattled toymaker's CIO and chief marketing officer teamed to tame excess Web spending and overhaul its marketing strategy.

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Case Study: Hasbro and Collaborating for Profit - ' Problems '


( Page 7 of 7 )

& Solutions">

Problems & Solutions

Problem
Customer service costs were rising, in part because of calls by consumers to a Hasbro toll-free number for game instructions and toy assembly help. Average cost per call: $5.

Solution
Put instructions for Hasbro toys and games like Clue to Scrabble online and reduce service costs to pennies per query.

Payoff
20% cut in customer service costs because consumers can now download toy and game instructions.


Problem
Hasbro had 55 different Web sites, each promoting a different brand, and only two were interactive.

Solution
Consolidate the sites by market segment and cross-sell brands as appropriate, online and off.

Payoff
50% in savings on Web site design and development, by reducing the total number of Web sites from 55 to 20. Further, traffic to stores is up, thanks in part to the company's new Web strategy.



 
 
>>> More Past News Articles          >>> More By Anne Field
 


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