Quotes to Inspire You

Posted on May 1, 2017 by bermanevansretail
There are times when all of us need some inspiration to keep us motivated. Our favorite (as reflected in the blog subtitle is to “live life every day.” 🙂 What is YOUR  favorite  inspirational quote?
For more inspiration, check out the 50 motivational quotes from Inc. (curated by Jeff Haden). Here is Inc.’s top ten:
  1. “The way to get started is to quit talking and begin doing.” Walt Disney
  2. “Fear is the disease. Hustle is the antidote.” Travis Kalanick [Uber]
  3. “The question I ask myself almost every day is, ‘Am I doing the most important thing I could be doing?'” Mark Zuckerberg [Facebook]
  4. “The best time to plant a tree was 20 years ago. The second best time is now.” Chinese proverb
  5. “I attribute my success to this: I never gave or took any excuse.” Florence Nightingale [founder of modern nursing]
  6. “The most difficult thing is the decision to act, the rest is merely tenacity.” Amelia Earhart [aviation pioneer]
  7. “Do or do not. There is no try.” Yoda [Star Wars]
  8. “Twenty years from now, you will be more disappointed by the things that you didn’t do than by the ones you did do, so throw off the bowlines, sail away from safe harbor, catch the trade winds in your sails. Explore, Dream, Discover.” Mark Twain [author]
  9. “When I let go of what I am, I become what I might be.” Lao Tzu [Chinese philosopher]
  10. “The most common way people give up their power is by thinking they don’t have any.” Alice Walker [author]

     

    And check out this Inc. video on Richard Branson.

     

Posted in Part 1: Overview/Planning, Part 2: Ownership, Strategy Mix, Online, Nontraditional, Part 5: Managing a Retail Business | Tagged , , , | 1 Comment

Five Fashion Retailers That Have Nailed It

Posted on April 27, 2017 by bermanevansretail
Although many fashion retailers are suffering, there are some bright spots among fashion retailers.
Fast Company has identified five of them:
“The following five companies illustrate the power of building a brand atop an authoritative editorial voice, whether it’s in the form of viral videos and lifestyle blogs or influencer ‘grams and disappearing Snaps. They’re also fostering conversations with consumers—sneakerheads, fashionistas, and beauty obsessives alike—that inform everything from product design to distribution and marketing. In their hands, content has become a robust engine for commerce.”
  • GLOSSIER  — “For collaborating with customers to create cult cosmetics. The beauty industry has generally flowed in one direction: Executives in glass towers decide which products they’re going to put on shelves, and women buy them (or don’t). Glossier founder and CEO Emily Weiss has turned this process into a two-way conversation by asking readers of her beauty news and reviews website, Into the Gloss, to weigh in on every aspect of her skin-care and makeup company.” 
  • KENZO — “For ripping up the seams of fashion marketing. When actress Margaret Qualley shot lasers from her fingers during a dance routine in the Spike Jonze–directed short film Kenzo World, that’s likely when marketers went slack-jawed. Commissioned to celebrate the launch of the French fashion house Kenzo’s Kenzo World fragrance, the spot (which went viral) and won a top industry award, led to a wildly successful soft launch of the perfume — no paid media or marketing required. (Parent company LVMH cited the campaign as helping drive the 8% growth in its perfumes and cosmetics division in 2016.)”
  • CLIQUE MEDIA GROUP — “For parlaying fashion advice into retail gold. Clique Media leaped out of the digital world and into the physical one in January 2016 with a clothing line for Target. The millennial-minded Who What Wear collection offers runway trends at big-box prices ($34.99 for velvet pants, $44.99 for a cape blazer) and keeps up with the frenetic pace of fashion by committing to 12 updates a year. It’s a natural evolution for the company, which grew out of the Who What Wear blog started by Elle magazine veterans Katherine Power and Hillary Kerr.”
  • HYPEBEAST — “For uniting sneakerheads into a lucrative demographic. ‘In the world of hype, in the world of cool, you need to be the coolest platform selling the coolest products,’ says Kevin Ma, the unflappable founder of the Hong Kong–based streetwear site Hypebeast. Championing edgy brands such as Raf Simons, Vetements, and Hood by Air, Ma’s site has grown from a simple sneakerhead review hub (created in his Vancouver bedroom) to a multifaceted arbiter of all manner of urban fashion and culture that includes Hypebeast, the year-old female-focused Hypebae, and an online marketplace called HBX that sells everything from Yeezy Boosts to Leica cameras.” 
  • REWARDSTYLE — “For giving influencers a must-have accessory. Founder Amber Venz Box has channeled her frustration as a fashion blogger who wanted to make more money into a full suite of back-end publishing and tracking tools. Today, RewardStyle allows her and her fellow bloggers and Instagram personalities the chance to earn commissions on the products they promote. ‘Our mission is making [influencers] as economically successful as possible,’ she says. Users who like a RewardStyle influencer’s ’gram receive an E-mail on where to buy the featured look.”

     

    Click the image to read more about these five firms.
     

    Emily Weiss, Glossier’s CEO, engages in social media to bring customers into the firm’s cosmetics creation.

     

Posted in Part 3: Targeting Customers and Gathering Information, Part 6: Merchandise Management and Pricing, Part 7: Communicating with the Customer, Social Media and Retailing | Tagged , , , , , , | Leave a comment

In-Store Pickup Playing a Bigger Role

Posted on April 26, 2017 by bermanevansretail
Bricks-and-clicks retailers are finding that many shoppers like the convenience of ordering online and picking up merchandise in the store rather than waiting for shipping.
According to Kibo (formerly Shopatron):
“When it comes to satisfying consumer fulfillment expectations, the ability to buy online and pickup in store ranks near the top of the list. In fact, two-thirds (67%) of shoppers said that while they welcome the convenience of shopping online, sometimes it is just easier/more efficient to have the product sent to a physical store for pickup.”
“A win-win strategy for all involved, in-store pickup helps shoppers get their products quickly and on their schedule, while eliminating shipping expenses and driving in-store sales for retailers. But this increasingly popular fulfillment method requires sophisticated coordination between retailers’ commerce technology and store associates, making it challenging to implement and maintain.”
Take a look at this interesting infographic about in-store pickup.


 

Posted in Online Retailing, Part 2: Ownership, Strategy Mix, Online, Nontraditional, Part 4: Store Location Planning, Part 5: Managing a Retail Business, Part 6: Merchandise Management and Pricing | Tagged , , , , | 1 Comment