Michael Cote
Chicago, IL (USA)
Role(s):
Sleep Squad, LLC
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Startup
Location:
Chicago
Industry:
Retail/Clothing
Year Founded:
2005
Number Employees:
INVALID
Description:
Here at Sleep Squad we have eliminated all the hassles traditionally associated with purchasing a mattress. Our model is simple:
First, Customers find us on the Web or call us on the phone to select 3 mattresses and set up an appointment within a 1 hour window.
We then show up at that time with a store on wheels in order to allow the customer to trial three mattresses in privacy.
Finally, if the customer decides to purchase one of mattresses, we process the sales and deliver the very same mattress right then and there.
We have spent two years building and proving the model. Sleep Squad beats the industry on most of the meaningful metrics including:
Average Sales Price
Door Swing to Purchase Ratio
Customer Acquisition Cost
Margin
Operating Costs
Customer Loyalty and Sa