
Albums to Outsourcing with Mark Zucker
Lerato Makepe
Description
<p>In 1995 Mark Zucker (Not Mark Zuckerberg đ) launched <a href="http://www.zookbinders.com/">www.zookbinders.com</a> which became the leading high-end wedding album manufacturer in the US. During the âpeakâ just before digital technology disrupted the photography industry, Zookbinders had 100+ employees and operated in a state-of-the-art production facility in Chicago.</p><p>After 13 years of strong growth, sales flattened in 2008.   This was the result of:</p><p>Influx of âShoot & Burnâ photographers that were mostly part-time and didnât offer albums.</p><ol><li>Online Photo Retailers like Shutterfly offering âPhoto Booksâ for under $20, thus devaluing the professional album</li><li>The Financial Crisis</li></ol><p>2009 brought decreased industry demand for albums and declining prices, while the cost of doing business kept increasing 2-4% annually.  Their solution: Outsourcing office labor to the Philippines.  <strong>Zookbinders </strong>had just introduced a Wedding Album Design Service and hired 5 Graphic Designers which cost 42K âall-inâ.  Markâs CEO, Cherry Orlina was born and raised in the Philippines and suggested to hire a new team of Graphic Designers in the Philippines for 18K âall-inâ, saving the company 120K annually.</p><p>From 2011 â 2016, <strong>Zookbinders</strong> moved IT, Accounting, Marketing & Customer Service functions overseas, further reducing cost and remaining viable in an industry where 1-2 competitors closed each year.</p><p>By 2017, <strong>Zookbinders</strong> had a head count of 20+ in the Philippines prompting Mark and Cherry to start their own outsourcing company: <a href="http://www.mcvotalent.com/">www.mcvotalent.com</a>  The company supports many Professional Photography companies (with full time Photo and Video Editors), and many other businesses that need to reduce cost to stay viable. </p><p><strong>For wedding vendors have who have severely impacted by Covid</strong>, itâs critical to plan now to reduce âfixedâ expenses (i.e. back-office labor) as we prepare for r
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Albums to Outsourcing with Mark Zucker
Lerato Makepe