The new retail strategy is the latest addition to ZOZIs newly designed , which already offered local experiences across 26 cities in the US and Canada, travel getaways around the world, and exclusive celebrity-guided adventures via ZOZI Gurus.In response to customer demand, the new marketplace will now offer a much broader selection of products across all business lines, which will be a mix of both original-priced and sale items, as opposed to the flash sales-only model that the company launched with in 2010.
The heart of our company has always been about connecting people to the spirit of adventure so that they can get out there and experience all this world has to offer, said TJ Sassani, CEO, ZOZI. While we continue to see strong growth in our local experience and travel getaway product lines, which will still be core to our long-term strategy, our customer purchase data indicates that our new retail business will be our largest yet. Our vertically-focused ecommerce platform sits innovatively at the nexus of inspiration, commerce, and technology. Weve uniquely introduced the inspiration element in January of this year via ZOZI Gurus (celebrity experts); commerce includes local experiences, travel getaways, and now, gear; and were excited to make an announcement in Q1 regarding our long-term technology strategy.
Because of ZOZIs unique position in the experiential market, revenue growth continues to be very strong with more than 7X growth in 2011, 2.5X growth in 2012, and even greater growth planned in 2013, thanks in part to the newly launched retail gear strategy. ZOZI has announced more than $10M in venture funding to date from investors including the Pritzker Family, Launch Capital, 500 Startups, Forerunner Ventures, ZIG Capital, and others.
ZOZI is the most trusted brand in experience and adventure and innovatively sits at the nexus of inspiration, commerce and technology.On ZOZI, you can discover and book unforgettable experiences that are around the corner, or around the world and find the GEAR needed to GET OUT THERE. Each experience featured on the site is curated by a team of in-house experts; such as full-moon kayaking, wine tasting and vineyard touring by bike, surfing and relaxing in a private coastal villa, skiing the Sierra backcountry with Olympic Gold Medalist Jonny Moseley, and more. ZOZI is headquartered in San Francisco. For more information, visit .
Tian Leezozi Public Relations(323) 605-9160