Wayfair Head of Brand Marketing Kara O’Brien joins The Current Podcast to discuss blending the in-store and digital shopping experience. Please note, this transcript may contain minor inconsistencies compared to the episode audio.[00:00:00] Damian: I'm Damian [00:00:00] Ilyse: I'm Ilyse Liffreing [00:00:02] Ilyse: And welcome to this edition of The Current Podcast. [00:00:05] Damian: This week, we're delighted to talk with Kara O'Brien, Head of Brand Marketing and Analytics at Wayfair. [00:00:11] Ilyse: For years, Wayfair has been an online one stop shop for people looking for everything from beds to couches to kitchen appliances. In fact, for those browsing home goods, the choices often seem endless. [00:00:23] Damian: I know, because I've spent many long hours looking for the perfect bathroom cabinet to fit into my tiny New York apartment. But seriously though, one of the big draws for Wayfair has always been its reasonable prices for its products. [00:00:35] Ilyse: Wayfair is famous as an e commerce platform, but now that's changing. In May, the company opened its first brick and mortar store. start by asking Kara about why the company made this move. [00:00:47] Ilyse: First, I believe congratulations are in order because Wayfair opened its first brick and mortar store back in May. [00:00:54] So, why don't you walk us through the decision to make the leap into a physical storefront?[00:01:00] [00:01:00] Kara: Absolutely We are so excited about this milestone. It's something that's been a long time coming. I personally have been at Wayfair for 10 years, and it has been one of the peak moments of my time there to see our brand come to life physically. so why now? I mean, our ethos has always been to deliver the best possible experience for our customer, and now we want to really be able to do it however they shop and however they choose to shop. [00:01:24] And so to be able to bring the It's a product to the customer. Let them see it in person, help guide them through the purchasing process. It's it makes a ton of sense. And, consumer demand has shifted so much during and since the pandemic, there was, pretty strong move to buying these more considered purchases online when people had no option to go in store. [00:01:46] But, now we're seeing the pendulum swing back and the consumer preference is to have a mix, to have a balance, to be able to see things in person, but have the convenience of being able to shop and research from home. [00:01:57] Ilyse: Yes, now I know I'm, I have an apartment in New York and i've spent too many hours on Wayfair, probably. [00:02:03] Kara: - love to hear that. [00:02:04] Ilyse: but why did you land on Wilmette, Illinois for this touch point? And how are you bringing the brand to life in store? [00:02:12] Kara: Yeah, to start with Wilmette, I think there's two big considerations that ended up there. one is convenience. And so we really want to make shopping for your home as easy as possible. It's a process. It's something that's so important to so many people. [00:02:25] And so we don't want the process itself to feel onerous. And so for us, we had found this wonderful space. It's in a revitalized shopping center. It's surrounded by suburbs with lots of young families who are really kind of our core customer. And then the access to the broader Chicagoland, uh, area was fantastic. [00:02:45] So that's always been a strong market for us. But more on the business side, it's, It's very well positioned within our logistics network, and to kind of come back to that idea of convenience, we can ship products to, directly to customers home instead of trying to fit something [00:03:00] large and bulky in the back of your trunk. [00:03:02] And so we're able to do that fast, free, easy, when they've seen something in store or if they've explored beyond. [00:03:10] Ilyse: mortars follow or? [00:03:12] Kara: I think that's the idea eventually, but I think one thing we're really trying to do is learn at being an e commerce company. First, there's so much one way conversation that you have with the customer through your marketing, through your site. This is an opportunity to have that two way conversation. [00:03:28] And, we recognize we're new to the space. We're going to learn a ton and hopefully be able to apply that [00:03:34] Ilyse: what [00:03:34] Damian: to what extent does the physical store help build the brand perception? And I know you sort of touched on that, but what I'm interested in is, it's known as an e commerce platform, and here you are now building out a physical store. [00:03:46] So What does that do? How does that help? [00:03:49] Kara: Yeah, well, I think it's rooted in who we were as an e commerce company, right? We have so many different types of products. We have, tens of millions of products on site. [00:04:00] And so the challenge at hand was really how do you take that vast selection and put it into a box, right? You can ...
