The engine which powers any business is supply and demand. Yet too often the demand for affordable and quality goods is far greater than the supply. Entrepreneur Roy Vanono believes in giving people what they want at prices they can afford – that’s why he founded Jumbo Stock.
“Five years ago I identified a gap in the home products market which was crying out to be filled,” explained Roy. “People were looking for a diverse range of luxury home and lifestyle products at prices that wouldn’t break the bank. Equally important was giving them the opportunity to shop for all their lifestyle needs under one roof.”
Since its launch in 2015, Jumbo Stock now has a chain of stores throughout Israel, and has earned an enviable reputation as a place which grants customers the opportunity to furnish the home of their dreams at unbeatable prices.
Jumbo Stock may not have reinvented the wheel but they have reinvented the supply chain. In 2019 they launched a state-of-the-art online shopping site called Jumbo Online, which allows customers to furnish their home and purchase all their lifestyle needs without leaving the comfort of the couch.
Roy explained, “We work hard to source a unique and varied range of products for our customers, and now they can browse everything we stock digitally before making an informed choice. Whereas many online companies sell imported stock which can take up to a month to deliver, we pride ourselves upon our fast delivery.”
By cutting out the middleman, sourcing the best suppliers in the world, and working around the clock to identify the latest home decor and lifestyle trends, Jumbo Stock has hit upon a winning formula.
According to their CEO, the secret to their success is pretty simple. He explained, “From furniture to home decor, kitchen and household products, and leisure and lifestyle accessories, if you can imagine it we stock it. Our vision has always been to meet the demand of the customer and send them home delighted. We do this by doing everything possible to keep our prices below but at the same time maintaining a high degree of quality control. Put it this way, there’s yet to be a demand we can’t meet, and every customer leaves our store, satisfied, and with a smile upon their face.”