Online diamond and fine jewelry retailer blue nile, inc on thursday announced the addition of michael potter and steve scheid to its board of directors, which now increases the number of board members to eight. Blue nile case study cristeen mcpherson student number 326914 busa 506 dr terry power november 11, 2012 1) the competitive forces confronting blue nile and other online retail jewellers are medium or weak in strength, with the exception of the strong rivalry between sellers. Using strategic group maps to assess the market positions of key competitors what can be learned from strategic group maps question 5 what strategic moves are rivals likely to make next. Blue nile, inc (blue nile) is a united states-based company, which operates as an online retailer of diamonds and fine jewelry the company's merchandise consists of engagement and non-engagement products. Blue nile has some of the highest quality standards in the industry and offers thousands of independently-graded diamonds and fine jewelry at prices significantly below traditional retail.
Parties, docket activity and news coverage of federal case worldwide diamond trademarks, ltd v blue nile, inc et al, case number 1:14-cv-03521, from new york southern court. Blue nile's fiscal year ends on the sunday nearest to december 31 fiscal year 2015 ended on january 3, 2016 and included 52 weeks the fiscal year ended january 4, 2015 included 53 weeks, with the 53 rd week falling in our fourth quarter. Blue nile inc in 2010: case study zachary williams missouri southern state university mm452-strategic management dr moos february 23, 2015 table of contents competitive forces confronting blue nile and other online retail jewelers 3 key factors to a company’s success in the market 4 blue nile’s strategy. Blue nile case study blue nile inc created by a, b and c executive summary incorporated in 1999 as a delaware corporation, blue nile incis the leading online retailer of high quality diamonds and fine jewelry.
A strategic group is a cluster of firms in an industry with similar competitive approaches and market positions strategic group mapping entails plotting firms in an industry on a two-variable map using pairs of these differentiating characteristics eg product line breadth, distribution channel use, geographic coverage, price, quality etc. Blue nile is a company of doers and everyone does their part to make the customer experience perfect far from a cog in a machine, the company’s structure can make you highly visible and offers the ability to learn, try new things, and see the impact of your work – regardless of level. Kanter, today the chairman, ceo and president of the online jewelry retailer blue nile inc, credits his own cancer experience for raising his awareness of the broad societal impact of the disease and for helping to foster his drive to support cancer research.
Case 10: blue nile, inc: “stuck in the middle” of the diamond engagement ring market (general issues in strategic management – internet companies) conduct a strategic analysis using the executive summary template prepare and submit a two page executive summary that discusses what strategic alternatives are available and provide a recommended strategy. Blue nile is an online jewelry retailer that was founded in december 1998 only selling products in the united states, with one warehouse facility in seattle, wa in 2007, their e-business expanded to canada and united kingdom, opening another facility in dublin, servicing western europe and the asia-pacific. Strategic issues and problems blue nile management need to address is the problem of other leading competitors getting a hold of their business model and using it to their advantage financially they need to keep track of their revenues and continue to make a bigger a profit to improve their gross profit margin and current ratio. “blue nile is a unique business with a strong platform in an industry that is rapidly evolving and migrating online, said ryan cotton, a managing director at bain capital private equity. About the speakers diane irvine president, chief executive officer and director, blue nile, inc founded in 1999, blue nile is the largest online retailer of certified diamonds and fine jewelry — bigger than the next three largest online jewelers combined, according to internet retailer magazineas ceo, irvine executes blue nile’s strategic growth plan while continuing to build on the.
A shareholder of online diamond retailer blue nile inc filed a challenge to the $500 million take-private bid of bain capital private equity lp in delaware’s chancery court friday, saying the. Blue nile’s strategy to attract customers had two core elements the first was offering high-quality diamonds and fine jewelry at competitively attractive prices the second entailed providing jewelry shoppers with a host of useful information and trusted guidance throughout their purchasing process. Get to know blue nile, inc ceo & other corporate executives learn about the board of directors, executive committees and ceo compensation in this industry. In addition, we continue to see significant growth in other key metrics, with both new customers to blue nile and total orders growing by more than 20% in the third quarter.
Blue nile inc analysis this company was founded in 1999 and went public in 2004 blue nile has been dealing in fine jewelry and certified diamond strategic group map of blue nile anticipated response profile diamondscom their future objective is to supply the city with the most affordable of the gems as they source them from new york. If you don't see a role that fits your profile, then apply with our general application. Blue nile followed a unique strategy in a very traditional industry traditional diamond retailing involved creating and maintaining an aura of mystery and secrecy around a diamond purchase so, customers never really understood what they paid the premium for or what the true value of the diamond was. Blue nile is looking for a passionate and proactive senior data analyst to partner with the product management (website) team in tracking a/b testing initiatives and key website metrics to guide blue nile's product strategy to create a best-in-class customer experience.
Shannon previously served as in-house counsel to blue nile, inc, an online diamond and fine jewelry retailer she values integrating with her client’s team and providing, responsive, business- savvy and pragmatic legal counsel. Blue nile, inc (“blue nile”) plans to file with the securities and exchange commission (the “sec”), and furnish to its stockholders a proxy statement in connection with the proposed merger with bc cyan acquisition inc, pursuant to which blue nile would be acquired by bc cyan parent inc, an affiliate of bain capital fund xi and bow.