The Evolution of Ashley Furniture in Rent-To-Own with Mike Kays
Manage episode 470679696 series 3390181
This episode offers a fascinating exploration into the workings of the rent-to-own sector, featuring a conversation with Michael Kays, the Vice President of Rental Operations at Ashley Furniture. As a leading name in the industry for over 75 years, Ashley has enabled countless families to turn houses into homes, emphasizing not just consumer transactions but building lasting relationships. Michael discusses the importance of gratitude and giving during the holiday season, illustrating that this ethos extends beyond mere transactions and is foundational to the company's culture.
Listeners will gain valuable insights into the innovative approaches Ashley employs to ensure superior quality and efficient logistics in their operations. Michael sheds light on how Ashley has successfully navigated challenges during economic fluctuations and changing consumer behaviors, highlighting their commitment to community engagement through sustainability initiatives and scholarships aimed at promoting STEM education. These efforts demonstrate that Ashley is diligent about not just making profit, but also making a positive impact on society.
Dive deeper into this episode to uncover the strategies that drive Ashley Furniture's success in the rent-to-own sector, while discovering how they continue to adapt and thrive in a competitive market. Whether you are a seasoned dealer, a consumer interested in furniture solutions, or simply curious about the industry's evolution, this episode equips you with knowledge and inspiration. Join us in celebrating the synergy between quality service, community support, and innovative strategies that contribute to an enriching customer experience. Don’t forget to subscribe, share, and leave a review!
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Chapters
1. Introduction: Welcome to the RTO Show (00:00:00)
2. Meet Michael Kays: VP of Rental Operations (00:02:14)
3. The Role of Thanksgiving in the Rental Business (00:11:44)
4. Mike's Journey: From Retail to Rent (00:23:06)
5. Understanding the Relationships in Rent (00:38:36)
6. Continuous Improvement in Ashley Furniture (00:52:51)
7. The Importance of Quality and Logistics (01:03:11)
8. Ashley Furniture's Community Involvement (01:18:36)
9. Future Outlook for Ashley in the Rental Sector (01:32:51)
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