The Mom Store: Growth Strategy (A)
The case describes the origin and growth of a maternity and kids wear- e-retailer, “The Mom Store” (TMS). Founded in 2018 by an MBA graduate, it has grown to reach INR 207 MM sales by 2024. During this period, it has: (i) forayed into unaddressed markets in tier 2 and 3 cities through TMS owned channels as well as third party e-commerce channels, (ii) expanded its offerings into newer product categories, (iii) experimented with operating a physical retail store, and (iv) launched an e- market place for maternity and kids’ products. The case exposes the readers to the growth challenges and opportunities of e-commerce start-ups. Participants are required to analyse TMS growth options in 2024 and formulate a five-year growth plan considering profitability concerns and investment constraints.
Learning Objectives
- To assess multiple business opportunities for a retail firm or a consumer goods firm in digitalizing markets from ecommerce channels, electronic market place as well as physical retail, to evolve a hybrid channel strategy
- To analyze growth opportunities given firm constraints, design innovative growth strategies for enabling growth and profitability and make revenue projections
- To appreciate the challenges and opportunities in leveraging digital channels to promote and retail goods and services especially for e-retail, e- commerce startups