Retail Integration

More than 1,300 retailers replied to Shopatron’s survey “on topics ranging from in-store and online sales to mobile phone usage in stores.” According to Shopatron: “Retail-integrated E-commerce empowers brands to use online sales to expand in-store sales. This is a significant benefit for branded manufacturers selling online, given that retail sales still represent, on average, over 90 percent of their total sales. This annual survey of retailers measures the effectiveness of retail-integrated E-commerce in helping both brands and their retail partners increase sales.”
Click the image to access the results of the study (in PDF format).

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Accenture’s Take on Retailing 2020

Accenture, a consulting firm has prepared a report that addresses this question: “To take a not-so-far-out look to the future of the retail industry—to the year 2020—what are the major socio-demographic, technological, and business trends that will likely impact retailing as we know it today?”
Click the image to read the report.

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Nordstrom and GQ Announce Integrated Multi-Media Strategy

Nordstrom,  JWN, and GQ recently announced a new multi-media strategy. Nordstrom will operate an online store and offer “GQ Selects,” which is a selection of men’s products especially selected from GQ  by the magazine’s editors. Starting with the July 2012 issue, the products will be designated in the magazine, compiled on GQ.com, and available to buy on NordstromMen.com.
Posted in Online Retailing, Part 6: Merchandise Management and Pricing, Part 7: Communicating with the Customer | Tagged , , , | Leave a comment