Retail Online Integration

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Senior Editor

Retail Rants & Raves

By Joe Keenan

About Joe

Joe Keenan is senior editor of Retail Online Integration and Target Marketing Group's web-only brand, eM+C. In addition to his work on those publications, Joe has contributed articles for fellow Target Marketing Group publications Book Business and Publishing Executive magazines. Previously, he served as senior editor at Reed Technology & Information Services for five years. Retail Rants & Raves covers the wide spectrum of retail marketing, from the very best it has to offer to the very worst.

 

Return on Intelligence

Jim Gilbert
6 Tips to Capture Every Visitor Who Visits Your Site
May 21, 2013

Hi folks. I am back. After a two year hiatus I am reenergized and writing again. I've used my time...



The Art of Delivering Style

Maria Haggerty
3 Simple Ideas to Improve Inventory Management
May 14, 2013

Despite the important role inventory management plays in the marketplace, some brands are still relying on last generation inventory management...



Designed to Convert

Tim Ash
How Persuasive Are Your Product Pages?
May 2, 2013

Your homepage — as much as you love it — is basically a glorified street sign. Consumers don't read it...



Return on Inventory

Joe Palzkill
5 Tips to Help Your Business Manage System Process Changes
Apr 24, 2013

In today's dynamic retail environment, however, the ability to embrace rapid process change is more important than ever. Merchandise and...



Shipping Insights

Rob Martinez
8 Ways to Use Parcel Carriers’ ‘Cost to Serve’ Pricing to Your Advantage
Apr 16, 2013

Just about every day, a shipper asks me what FedEx or UPS incentive they should be achieving for their specific...



B-to-B Insights

George Hague
The Illogical Song: What Makes Sense vs. What Works
Apr 8, 2013

It's official: J.C. Penney scrapped its every-day-low-price strategy for the rollercoaster world of markups and markdowns. Merchants, marketers and graphic artists...



Email Applied

Reggie  Brady
Preparing Your Email Marketing Strategy for the Holidays, Part 3
Oct 31, 2012

In the final installment of this three-part series (make sure to check out parts one and two), I examine why it...



Retail Rambles

Meredith Cunningham
SkyMall Helps You Prepare for the End of the World
Apr 2, 2012

Perhaps I've been watching too much of "The Walking Dead" or maybe too many episodes of "Doomsday Preppers," but my paranoia about the...



ThinkAbout: Inspirational Verve for Your Product Line!

Andrea Syverson
Can You Up the Ante on Your Products’ Amusement Factor?
Oct 17, 2011

Can you up the ante on any of your products’ amusement factors? Is there some ho-hum aspect of your product...



International Expansion, Showrooming, Online Marketplaces Trending at IRCE

 
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Having spent last week at the Internet Retailer Conference & Exhibition (IRCE) in Chicago, I came away with three key takeaways: One, if you're an online retailer not selling internationally, particularly in Australia, what are you waiting for? You're missing out on a potential growth opportunity for your brand. Two, brick-and mortar retailers must develop a strategy to deal with "showrooming," — i.e., consumers using stores as showrooms to check out products, then buying those products online at a lower price (with free shipping, of course). Three, online marketplaces are proliferating — it's not just Amazon.com and eBay anymore — and becoming another viable channel for retailers to engage consumers and sell their products.

What's driving these trends, particularly showrooming, is the growth of mobile shopping. More consumers than ever are carrying a smartphone with them wherever they go, including shopping. Stories of brick-and-mortar retailers losing sales to consumers who use their smartphones in-store to find the products they're looking for at a lower price offered somewhere else were commonplace at IRCE. This isn't news to anyone, I'm sure, but mobile is going to continue to have a bigger impact on your business going forward.

Here are some more thoughts now that IRCE has come and gone:

  • Wednesday morning's keynote address from Fareed Zakaria, host of CNN's "Global Public Square," was terrific. Zakaria eloquently discussed the global economy and how the internet is driving it. He left many in the packed room feeling optimistic about the future of the retail industry in the United States, saying that what the country lacks in manufacturing is more than made up for by the large percentage of leading technology companies that can be found here. Zakaria exited the stage to a standing ovation.
  • The conference itself continues to grow at a rapid pace. This year's event attracted a record 8,638 attendees, an 18.3 percent increase over the 7,301 who attended last year in San Diego. IRCE 2012 had 564 companies exhibiting their e-commerce technologies and services, up from 504 companies last year. With that growth did come one troublesome side effect — the cab lines to get out of McCormick Place were longer (and slower) than ever.
  • A common theme I heard in many of the sessions I attended was that the customer is in charge in today's retail environment. Walmart.com's President and CEO Joel Anderson gave a presentation on how the retail giant relies on innovation to be present anywhere (e.g., online, in-store, social media, email, mobile) and anytime the customer wants it to be.
  • Free shipping is a cost of selling products online. Multiple people told me that their customers not only expect free shipping, they demand it.
  • Talk of selling products via social media sites, specifically Facebook, quieted down from previous retail conferences.
  • If you have both an e-commerce site and brick-and-mortar stores, implement a ship-to-store program immediately (if you haven't already). Consumers are increasingly using this option.

 

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