A New Department Store Just Launched. (Really.) And it's Exciting.
We’ve heard the doom-and-gloom about U.S. department stores. Yet, the retail community warmly received recent news of Anthropologie & Co., which is basically a department store. Why the optimism? Let’s take a step back and consider what made department stores appealing in the first place.
Worm-Topped Ice Cream & As-Seen-On-TV Coffee (aka Experiential Marketing)
Over the course of my retail career, I've been able to build brands and invest in customer experience. At other times, I've run businesses where I had to pull out the discounts to make a sale and put cash in the bank "today" at the expense of long-term strategy. It continues to be physical experiences that raise and re-frame brand profiles that excite me. I've seen two recently.
What was Hot (or Not) at Retail’s Digital Summit
Thanks to the National Retail Federation for inviting me to cover last week’s big event in Dallas. While I listened to speakers, walked the Expo Hall of tech vendors, and concurrently followed #shoporg16 on Twitter, I naturally reflected on what I heard more or less about relative to past trends and my expectations.
How Retailers Can Beat Amazon to the Mobile Sale
To compete for traffic and sales, retailers need to meet consumers where they are - in mobile apps - and reach them before they've decided what they need to buy and gone to Amazon.
The company making both of these objectives possible is Button.
Retail's Online Traffic Problem
The shift in shopping traffic from Google and individual retail sites to Amazon obviously is a concerning one for retailers and brands of all sizes. So retailers need a new way to reach app-immersed consumers when a specific purchase is likely, but not yet underway. This is called contextual commerce and Button is doing it.