Company Research Report: Mattress By Appointment
Company Overview
- Name: Mattress By Appointment
- Mission: More Dealers, Doing Better, Staying Longer
- Vision: Success for EVERY MBA Stakeholder
- Founded: No information is available
- Founders: No information is available
- Key People:
- Edwin Shoffner - President & CEO
- Leslie Crickman - Chief Financial Officer
- Keith Mackey - Chief Sales Officer
- Andy Ross - Director of Business Development
- David Shiroff - Vice President & General Counsel
- Katie Hein - Director of Dealer Development
- Headquarters: No information is available
- Number of Employees: No information is available
- Revenue of the Company: No information is available
- What is the Company Known For:
- Operating for nearly 15 years with over 400 locations domestically and internationally
- Proven business model focused on low overhead and results-driven advertising
- Known as one of the top 20 mattress retailers in the USA and the largest licensing organization in the mattress business globally
- Specializes in offering dealer-operated retail opportunities with exclusive and protected territories
Products
- Product Offerings:
- Mattresses
- High-Level Description:
- The company has a unique business model of selling mattresses through appointments rather than a traditional retail store setup. This model allows for flexible scheduling and lower overhead costs.
- Key Features of Products:
- No detailed features of individual mattress products are provided in the available information.
Recent Developments
- Recent Developments in the Company:
- The company has been enhancing its support system through a comprehensive 90-day onboarding program for new dealers, providing personalized coaching and online training modules.
- Ongoing mentorship programs designed to support new dealers by pairing them with seasoned mentors.
- Nationwide dealer meetings and small group training sessions are conducted to ensure continuous learning and networking opportunities for dealers.
- New Products Launched: No information is available
- New Features Added to Existing Products: No information is available
- New Partnerships:
- Expansion to more territories with the same business model across the globe, supporting individuals to start their businesses with as low as a $15,000 investment.
Additional Information
- Market Position:
- The mattress industry is robust and recession-proof, accumulating over $22 billion in retail sales annually.
- The company has strategically targeted an underserved market segment, offering exclusive attention to a consumer demographic.
- Company Differentiators:
- Mattress By Appointment operates on a low overhead business model without franchise fees, royalties, or additional service costs.
- Emphasizes a strong entrepreneurial culture providing all support and necessary resources to new dealers for operational success.
- Testimonials Highlight:
- Widely appreciated for its business support structure, mentoring, and opportunity to earn an above-average income.
- Positive feedback on the startup process, accessibility of support staff, and the freedom to maintain a work-life balance.
This report reflects on the current available data regarding Mattress By Appointment and aims to encapsulate the critical aspects of its business operations, structure, and dealer model.