vivere ltd. · 2019. 7. 24. · 7 retail » vivere ltd. march 2016 « the canadian business journal...
TRANSCRIPT
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CBJ
VIVERE LTD.
www.vivereltd.com
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RETAIL
VIVERE LTD. Inspiring A Love of Outdoor Living
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5RETAIL » Vivere Ltd. MARCH 2016 « The Canadian Business Journal
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instantly taken with the relaxed, outdoor feel-
ings the beautiful hammock inspired and had
the idea to import the hammocks from Mexico
to sell in Canada. He returned home to finish
his MBA, but a few years later Stoter returned
to Mexico looking for suppliers. While there, he
met an Australian businessman who convinced
him to import hammocks from Brazil instead.
In 2004, Stoter founded as Hammock
Village (later rebranded as Vivere). His first large
customer was Home Hardware and other retail-
ers that sold gardening equipment, gifts, and
outdoor patio furniture.
As years passed, the company’s sales dou-
bled and Stoter wrestled with the best next step
for the business. He considered diversifying
by adding more outdoor living categories or
expanding the hammock line and finding new
markets outside Canada. Ultimately, he chose
the latter and it turned out to be a good choice.
The company expanded into the United
States in 2012 and experienced exponential
levels of growth, paving the way for greater
international expansion. In 2015, the company
launched in Europe with similar levels of suc-
cess. With a significant amount of online sales,
the company is currently setting up partnerships
in Japan, mainland China and South Korea. In
addition, from its European base, the com-
pany is reaching out to interested parties in the
Middle East and parts of Africa.
“The business has kind of gone from this
At RLB our mission is to see our people and clients succeed.
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People Count.
Based in Guelph, Ontario, Vivere Ltd. is an outdoor living company that sells a variety of hammocks, stands and accessories. Since 2004, the company has grown from a small Canadian operation that started in a house with rooms full of hammocks to a global company known for unique designs. The company’s primary product offering is great quality hammocks and accessories in fresh contemporary designs, and vibrant exclusive colours.
CREATING A NEEDED and necessary reprieve
from hectic modern living, Vivere strives to
promote leisure and a calm, balanced lifestyle.
From coast to coast, whether backyard, balcony
or backpacking, Vivere encourages a passion for
the outdoors, rest and relaxation. This month
Founder and CEO Jason Stoter spoke with The
Canadian Business Journal about the hammock
supplier’s interesting history, growth and commit-
ment to customer service and niche products that
give it a competitive edge over the competition.
Born on a Beach in MexicoIn 2002, while vacationing on a beach in
Mexico, Stoter was approached by a man sell-
ing hammocks and bought one for $20. He was
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little Canadian company that started in a house
with three bedrooms full of hammocks to
something very global with many employees
around the world,” Stoter says. “Lots of change,
lots of growth, lots of excitement. It’s been a
roller coaster ride, but the roller coaster doesn’t
go down very often. It continues to climb.”
Over the years, Vivere has experienced a
lot of popularity online. In 2013, the company
became the best-selling hammock combo
supplier on Amazon.com and has consistently
received positive reviews via the online ser-
vice. In the social media age, Stoter stresses the
importance of quality products and excellent
service, because the customer has the power
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to call out bad business practices online. As a
result, for its large international customer, Stoter
is the wholesaler but the company continues
to handle quality control issues, testing and
regulatory issues that are specific to particular
markets.
The Wow FactorVivere sells a variety of traditional hammocks,
stands, and outdoor accessories but their
unique designs, such as the Original Dream
Chair and hammock combos, make up almost
80% of their sales. In fact, offering products that
are unique to the market is what continues to
make Vivere the successful company it is today.
Vivere ranked 27th on the 2014 PROFIT 500 list
of fastest-growing companies in Canada.
“We are quite aggressive in pursing new prod-
ucts that are not in the market, so niche items and
products that the consumer can say: ‘Oh wow!’”
Stoter explains. “We try to wow the consumer each
year. It’s difficult and hard work to find new prod-
ucts each year, but we work really, really hard.”
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Exceptional customer service is a core
principle. “Our goal is to get the product in the
hands of the consumer at the most afford-
able price and give them 110% support at the
customer-service level,” he adds. “I think taking
good care of your customer is really important
today, because the consumer will hold you
accountable. There’s the web and there’s social
media. If you are not taking care of the con-
sumer, they will call you out on it.”
While Stoter says the company’s success
has a lot to do with hiring hardworking team
members who care about the business, there
are a couple other business secrets he doesn’t
mind sharing. The first is to only do a couple of
things, but “essentially be the best in the world
at those things.” He also suggests offering con-
sumers a product or service that is different and
has more value than the competition. “If it is
not different, it is going to be very difficult to be
successful,” he remarks. CBJ
www.vivereltd.com
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AS SEEN IN THE MARCH 2016 ISSUE OF THE CANADIAN BUSINESS JOURNAL
WWW.CBJ.CA
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