The Rise of Crocs: A Deep Dive into Its Business Strategy

What year did Crocs report a record annual revenue?

• 2014

• 2018

• 2021

• 2002

What was Crocs' initial target market?

• Gardeners and people working on boats

• Athletes

• Office workers

• Children

What is the name of the proprietary material used in Crocs?

• Croslite

• Polyresin

• Plastiflex

• Rubberlite

What year did Crocs purchase Jibbitz?

• 2014

• 2010

• 2002

• 2006

In what year did Crocs undergo major business model changes?

• 2021

• 2008

• 2014

• 2002

How did Crocs adapt its business model in response to changing market conditions?

• Introduced high-heeled versions

• Stopped producing the classic clog

• Shifted focus to online sales

• Expanded into athletic footwear

What feature of Crocs is highlighted as key to its success during the pandemic?

• Athletic performance

• Customization with Jibbitz

• Water resistance

• Eco-friendly materials

What was the price of the Balenciaga Crocs clog that sold out within hours?

• $300

• $1200

• $500

• $850

By what percentage did Crocs' stock drop since its November 2021 high?

• 60%

• 40%

• 50%

• 30%

What is Crocs' revenue growth expectation by 2026?

• Over $5 billion

• $3 billion

• $10 billion

• $1 billion