How Warby Parker's Success Beat Their Own Expectations

How Warby Parker's Success Beat Their Own Expectations

Assessment

Interactive Video

Business

University

Hard

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Warby Parker launched in February 2010, quickly exceeding sales expectations and facing inventory challenges. The founders, while still students, managed a crisis by communicating transparently with customers. They expanded from a home-based store to pop-ups and eventually permanent stores across the U.S. Warby Parker is committed to social impact, distributing glasses for every pair sold, and believes in sustainable growth by moving fast but deliberately.

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5 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was one of the major challenges Warby Parker faced immediately after their launch?

Technical issues with the website

Unexpected high demand

Excessive inventory

Lack of website traffic

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How did Warby Parker initially test their retail strategy?

By partnering with established retail chains

By launching an online-only model

By setting up a pop-up store in an apartment

By opening multiple stores across the country

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What unique method did Warby Parker use to explore potential store locations?

Collaborating with local businesses

Analyzing competitor locations

Using a mobile store in a school bus

Conducting online surveys

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is Warby Parker's approach to growth?

Slow and steady wins the race

Focus on short-term gains

Move fast but deliberately

Move fast and break things

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What social initiative is Warby Parker committed to?

Supporting local artisans

Providing free eye exams

Donating a pair of glasses for every pair sold

Planting a tree for every pair of glasses sold