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An online resource for individuals, The Knot, Inc. is there to answer any questions someone may have about life's challenges. They offer information, advice, vendor contacts, blogs and much more.
The Knot, Inc. is a media based company that guides women through monumental events in their lives. They are devoted to providing information, advice and products to address things such as wedding planning, relationships, pregnancy and everything in between. The flagship of the business is The Knot, a wedding brand, and was followed by WeddingChannel.com, The Nest, and The Bump. The Knot Inc. connects with individuals through the Internet, social-networking, mobile applications, magazines, books, television and radio. The main ways that The Knot, Inc. generates revenue is through offering registry services, merchandise, online sponsorship and advertising, publishing, as well as other means. 
The Knot, Inc. was created in Delaware in 1996. By 1999, The Knot initiated its initial public offering by selling 3.9 million shares on the NASDAQ National Market. Also in 1999, the online wedding supply store, Bridalink.com, was acquired in efforts to expand on The Knot’s ability to supply wedding materials. Another acquisition was made in 2000 of Weddingpages, Inc., a magazine publisher. TheNest.com was created in 2004 which created a go-to place for newly-wed’s. The Knot, Inc. made one of its larger acquisitions in 2006 of WeddingChannel.com. The decision was made in order to better provide its customers with the registry services of that website, as well as broader its market share. The Knot decided to maintain weddingChannel.com as a separate brand because at the time of acquisition, there was only an overlap of about 20% between the two sites. This has allowed The Knot to maintain a presence in two different demographics within the same market. The next step in the process of building a family in having a baby, which is exactly the market that The Knot entered into with TheNestBaby.com in 2007. Shortly after, The Knot acquired The Bump Media, Inc. which led to the rebranding of the website to TheBump.com. The latest development The Knot has made was to enter into the international market. Ai Jie is the Chinese phrase for “love knot,” which is exactly what the web address is for The Knot’s platform in the Western market (ijie.com). This site incorporates all of the features of the individual sites TheKnot.com, TheNest.com, and TheBump.com. 
Wedding planning at its best. TheKnot.com is an online media resource that provides information, products, and tools for individuals planning a wedding and everything else that goes along with it.The Nest:
The online go-to place for couples after the wedding. The site guides people by giving tips on topics ranging from family issues, home décor, finances and even cooking.The Bump:
An online community coupled with expert advice and information to help new parents with the joys and struggles of having their first child.Wedding Channel:
Access to registry services, top retailers and other information for planning a wedding.Registry Services:
Create a wedding or baby registry directly through The Knot to gain access to top retailers across the nation.Wedding Shop:
Shop supplies and favors for the big day in an easy, one-stop shop.Wedding Tracker:
Created your own website to track your wedding and share the event with others.Lila Guide:
An online community where local parents can give advice on what to do, or where the best places are to buy things for children. Party Spot: Planning a party? Party spot guides individuals through what they need, etiquette, and organization for any type of party someone may be throwing. Great Boyfriends: A referral based dating service. 
The Knot, Inc. offers many of its information and services for free to its users. In order to generate revenue, The Knot has four main categories in which it incurs revenue.
Competition in the Industry – The internet is an expansive place where individuals can find answers to just about any question they have. There are currently a multitude of online websites that offer information or blogs with either wedding or baby related content. Such sites as weddingwire.com, mywedding.com, babyzone.com and babycenter.com constantly pose a threat to The Knot family of brands. The Knot also faces competition specific to the wedding industry and their publications. There are many bridal magazines that future brides can chose from other than those published by The Knot. These include, but not limited to, Bride’s magazine by Condé Nast and Bridal Guide by Martha Stewart Weddings.
Threat of New Entrants – Being that the internet can, in theory, expand infinitely, especially with the creation of cloud computing, it is certain that new websites will be created that provide information for the same things as The Knot does with its family of brands.
Threat of Substitutes – When planning for a wedding, a baby or just life there are many places an individual can go to get advice or information. People can hire a wedding planner to address their wedding concerns or ever speak with experienced vendors. The Knot is unique in the fact that they provide you with the means in which to contact these individuals and offer information at the same time – for free. When it’s a baby that someone needs information about they can always turn to family and friends that have already gone through what they are experiencing. However, few places can offer one consolidated location with a plethora of information like The Knot has created.
Buyer Power – For the few areas in which The Knot does offer items for sale, there would be a low buyer power. Many of these items are specific to a certain event. It is well know that retailers can easily increase prices for items simply due to an association with a certain day. Case in point: buying roses around Valentine’s Day versus a different time.
Supplier Power – The supplier power for The Knot would also be low. While it’s true that the buyers have low power, they also have the option to purchase items from a different vendor, leaving The Knot in a precarious position for the items they have for sale. 
Promotion – The Knot promotes their brand primarily through their strategic relationships with local businesses. They promote local businesses through their website, and in return the local businesses boast to consumers about being well rated by The Knot. Also, in the sales department, The Knot has promoted sales by offering customers free shipping on purchases for a certain time.
Product - The Knot provides “young women with the trusted information, products, and advice they need to guide them through the most transformative events of their lives.” ]]
Place – Being located on the internet has both its positive and negative effects on the business. Giving customers around-the-clock access to any questions they may have is convenient and easy for both parties. However, often times individuals like the brick and mortar aspect and having the capability of speaking to someone in person. Due to the nature of The Knot’s business model this issue is not a problem. Because they are an information based company, when an individual wants to speak with someone, The Knot provides them with local business experts that can address any issues they might have.
Price – The Knot is very sensitive to its competitor’s pricing and strives to remain competitive against them. That being said, they are very much aware that “price reductions, reduced margins or loss of market share, would materially and adversely affect [their] business.” ]]
ROIC (%): It is difficult to get a true comparison of The Knot to other existing competitors due to the fact that two of them are privately help firms. A comparison can, however, be made between The Knot, Inc. and [[|Martha Stewart Living Omnimedia Inc. (MSO)]].
Return on invested capital (ROIC) measures a firm’s ability to generate a return from its monies. The ratio is somewhat erroneous, however, because the number itself doesn’t reveal if the return for the given time frame is based on daily operations or a onetime occurrence. A comparison between KNOT and MSO can be made. Over the time frame including years 2008-2010, MSO’s ROIC has been -10.22, -9.06, and -6.25, respectively. In contrast, KNOT’s ROIC for the same years has been 2.15, -2.43, and 1.77, respectively. Based on these ratios, it can be inferred that although MSO is better known and established that KNOT, KNOT is doing a better job of generating revenues from year to year.
Asset Turnover (%): In contrast to the ROIC metrics, MSO is doing well in terms of asset turnover with all three years (2008-2010) hovering around the 1% mark. KNOT’s asset turnover has been steady as well, hovering just shy of .5% for the past three years. Asset turnover measures a firm’s ability to utilize its assets to generate a profit and the higher, the better. This metric is also a reflection of a firm’s profit margins that can be altered based on their pricing strategy. The fact that KNOT has a lower asset turnover could imply that they are struggling with their pricing strategy. Because they lack the established brand name and awareness that Martha Stewart products have, there is a very real possibility that this is the problem they face in order to remain competitive.
Gross Margin (%): This ratio measures the amount of revenue the company retains after certain costs have been addressed. A higher percentage is better. For the years 2008-2010, KNOT’s GM was 81.2%, 79.7% and 79.5%, respectively. To phrase this in other terms: in 2010, KNOT was able to retain $0.795 for every $1 or revenue. In contrast, the more established MSO had GM ratios of 51.92%, 50.35%, and 46.18%. This metric varies greatly between the two, but this is likely due to the fact that they only share certain aspects within the same industry and are not perfectly targeting the same markets.  
David Liu – Cofounder, Chairman and CEO In 1996 Liu along with his wife, Carley Roney, created The Knot, Inc. to address the maddening process of planning a wedding. From this small idea developed the current multimillion-dollar company that The Knot has evolved into today. David Liu attended New York University where he received his BFA in film and television. He is also known as the founder of RunTime, Inc. Clients of RunTime Inc. included the Smithsonian Institute, Intel, and AT&T.
Carley Roney – Cofounder and Editor in Chief Inspired by the nightmare of planning her wedding, Roney and her husband created The Knot, Inc. to provide couples with a resource to help with the planning process. She has published many books and is now regarded as an expert in wedding planning and is often invited to speak at events or on TV. Before the creation of The Knot, Roney worked as the President of RunTime, Inc., the company created by her husband. She attended New York University Tisch School of the Arts, Institute of Film and Television where she received her BFA. Later, again at NYU, she got her MA in cultural studies.
John Mueller – CFO Mueller oversees investor relations and The Knot’s financial and accounting functions. He has an impressive background in the financial industry before joining The Knot. He received his B.S. in Business Administration from the University of Minnesota and his MBA from the Harvard Business School.
Carol Koh Evans – COO As the Chief Operating Officer, it is Evans’ duty to oversee advertising business on both the local and national level. She also supervises the registry and customer service departments, as well as, the commerce warehouses. She has previously works for Massive Inc., a wholly owned subsidiary of Microsoft Corp. and brought the skills she learned there back to The Knot when she returned. She got her BS in business administration from the Walter Haas School of Business at the University of California and her MBA from Columbia Business School. 
The Knot currently employs approximately 500 employees. The range of salaries for certain positions have been anonymously posted on www.glassdoor.com. Employees had stated that it is a very nice company to wok for and the the upper level management consists of honorable individuals. They did comment, however, that the latest conquest into the international market has caused brief turmoil within the company. Now that it has passed, everything is working its way back to normal. ]]