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Karmaloop.com(LLC) is a website where Urban streetwear for both men and women has been sold since 1999. Karmaloop was started by founder/Chief Executive Officer Greg Selkoe. Karmaloop.com is described as a "community of style" with a different type of buyer and seller relationship. It has survived the dot com crash and continues to bloom with many new clothing brands on the site. Karmaloop.com also has underground clothing brands that aren't sold anywhere but on its website or at its retail store Karmaloop Boston, located at 160 Newbury St. in Boston, Mass.
History of Karmaloop
editKarmaloop was started in 1999 by Greg Selkoe, 32. Selkoe started off with one computer and his parents' basement as a warehouse. Orders were sent in shopping bags to the post office. Selkoe was kicked out of high school, and he later attended a boarding school to finish his education. He then furthered his education by going to Harvard's Kennedy School of Government to get his degree in public policy. Now the Chief Executive Officer of Karmaloop, Selkoe and his wife Dina Selkoe are the co-owners of the company. In the 2008, the Karmass.com headquarters are in Downtown Crossing, Massachusetts.
Target Audience
editKarmaloop.com doesn't target customers. Instead, customers target Karmaloop.com. Selkoe states that Karmaloop has a "For the people, by the people" approach, and is not just an online retail site. "It’s impossible to deny how large this multi-cultural audience of millions is. The demographics’ spending power, social forms, and upward mobility of this group cannot be matched." Most supporters range from early teens to their mid-30s years and equally split between women and men but customers of all ages shop at Karmaloop. According to Business Innovation, "Karmaloop is clothing for Generation Y trend setters."
Achievements
editNominated for the Webby Award for Best Retail Website
Safety and Privacy
editFor security reasons, Karmaloop uses secure socket layer technology (SSL) when a credit card number or social security number is being entered. Karmaloop isn't responsible for Third Party Advertisers which doesn't use any information about users of the ads. Credit card numbers and personal information such as mailing addresses are kept for purposes of the delivery process. Personal information is not used for purposes other than business. Contact information that are given will be used as a mean of contacting a person if there is anything wrong with the order, the credit card, etc. Links on Karmaloop web site to other web sites are not done by Karmaloop. Karmaloop provides the highest security on the Internet so that personal information will be kept safe. For further security purposes, credit card numbers aren't stored on the businesses web server.
Contact Information
editPhone: 1 877 465 2762
Email: questions@karmaloop.com
131 Tremont St. Boston, MA 02111
Hours: Monday - Thursday 10am - 8pm Friday - Saturday 10am - 9pm Sunday 11am - 7pm
Address: Karmaloop Boston 160 Newbury St. Boston, MA 02115
Contact: 617-369-0100 Boston@karmaloop.com http://www.karmaloop.com/boston
See Also
editWorks Cited
edit- Chana, Charanjit. "BU x Karmaloop Q & A." ...from BBChaz's blog 27 Jul 2007 6 Jul 2008 <http://www.beunequaled.com/blogs/posts/73>.
- Dilworth, Dianna . "Karmaloop selects MyBuys for segmentation, RSS." DMNews 28 Jun 2007 6 Jul 2008 <http://www.dmnews.com/Karmaloop-selects-MyBuys-for- segmentation-RSS/article/96090/>.
- "INTERVIEW WITH KARMALOOP CEO GREG SELKOE." Circaroyale 23 Nov 2007. 6 Jul 2008 <http://circaroyale.blogspot.com/2007/11/first-wed-just-like-to-say-what.html>.
- Kameka, Andrew. "Karmaloop.com - Keeping the World Laced up." 22 Oct 2007. 30 Jun 2008. <http://www.theevilcollector.com/index/2007/10/22/karmaloopcom-keeping-the-world-laced-up/>.
- “Karmaloop.com-Karmaloop.” 17 Mar 2003. 3 Jul 2008.<http://www.alexa.com/data/details/main/karmaloop.com>.
- “Karmaloop.com.” About Us. 27 Jun 2008. 3 Jul 2008 <http://www.aboutus.org/Karmaloop.com>.
- "KARMALOOP." Boston.com 06 Jul 2008 6 Jul 2008. <http://nl.newsbank.com/nl-search/we/Archives?p_product=BG&p_theme=bg&p_action=search&p_maxdocs=200&p_topdoc=1&p_text_direct-0=103B5269F23EFC8E&p_field_direct- 0=document_id&p_perpage=10&p_sort=YMD_date:D&s_trackval=GooglePM>.
- Sakany, L. “Karmaloop: Interview with owner/buyer Dina Selkoe.” Chicks with Kicks. 01 Oc 2007. 3 Jul 2008.<http://www.highsnobiety.com/the_columns/chickswith_kicks/chicks_with_kicks/archives/2007/October/01/karmaloop_interview_with_owner_buyer_dina_selkoe_index.htm>.
- "New England's own, Karmaloop (www.karmaloop.com) Nominated for a Internet's Top Award." Press Release Newswire 15 Apr 2006. 7 Jul 2008. <http://www.prweb.com/releases/2006/4/prweb372389.htm>.
- "Summer Obey." blog 03 Jul 2008. 7 Jul 2008. <http://karmaloop.blgs.com/the_karma_blog_/>.
- "The Karmaloop Story." Karmaloop. 16 Jan 2007. Karmaloop. 1 Jul 2008 <http://server.iad.liveperson.net/hc/s-61201819/cmd/kbresource/kb5794325339887407602/front_page!PAGETYPE?category=39>.
- "True Believers." Business Week. Dec 2006. 7 Jul 2008.<http://www.businessweek.com/magazine/content/06_52/b4015401.htm>.
- Weisstuch, Liza. "In the Loop." Boston 20 Mar 2008 30. June 2008 < <http://www.boston.com/lifestyle/fashion/articles/2008/03/20/in_the_loop/>.
- Van, "An interview with Greg Selkoe of Karmaloop." 12 May 2008 30 Jun 2008. <http://www.killabeez.com/2008/05/12/an-interview-with-greg-selkoe-of-karmaloop>.
- “You’ve Come A Long Way, Baby.” Synthesis.21 Aug 2003. 3 Jul 2008 <http://www.synthesis.net/tech/website/item-6073/2003-08-21-you’ve_come_a_long_way_baby>.