Retail Media: The New Ad Tech And The New Mall
While there appears to be little overlap between the smaller brands paying for placement in physical marketplaces and the larger consumer products companies appearing via ad tech on even larger retailers’ sites, the objectives are similar: Retailers need to leverage their real estate and traffic, brands need new opportunities for placement and consumers are on a quest to discover what’s new, or at least what’s new to them.
Soho Retail Traffic & Takeout Food CX
Earlier this evening, I posted an Instagram story showing which stores had lines to enter and which were seeing less traffic yesterday.
I also shared a photo of my pickup order from Gramercy Tavern At Home which, unsurprisingly, was the best takeout customer experience I’ve had. Daily Provisions, also from Union Square Hospitality Group, was a close second.
Retailers That Emphasize Community Will Boom After Social Distancing Is Over
Some of the most compelling specialty retail concepts incorporate both lifestyle merchandising and some kind of service, coffee or otherwise. Historically, it’s been a bonus if they also built community. That was likely to approach requirement status in the future anyway. Given current circumstances, once retail and hospitality open again, a sense of community will be even more valued.
Peloton, Mirror And Tonal: 3 Retail Strategies, 3 Lessons
Building a new brand exclusively online is increasingly expensive. And while the promise of free at-home trials of Peloton bikes and treadmills and Mirror’s and Tonal’s wall surfaces may relieve some concern about a purchase in the thousands of dollars, the downside of buying without trying is a lot of inconvenience when one considers scheduling equipment delivery and installation and the hassle of canceling the service and arranging for pickup.
Why TheSkimm’s Foray Into Commerce This Holiday Season Was A Success
TheSkimm, which started as a daily newsletter in 2012, has been crystal clear since inception that its target audience is a female millennial that it refers to as The Skimm Girl. With a broad ambition to make it “easier for you to live smarter” perhaps it shouldn’t have been surprising that theSkimm would introduce a lifestyle commerce play meant to help its audience tackle holiday shopping.
Why Nike + The Infatuation is a Fantastic Collab
The multi-platform, multi-venue, multi-product program I’ve now seen over several weeks appears to be the result of the proven creativity of The Infatuation team and the risk-taking for which Nike has become admired.
MWC through a Retail Lens
Based on what I saw at MWC (fka Mobile World Congress), the themes, especially as they relate to commerce, can be summed up most succinctly as SPEED.
The 3 Es of My Favorite Retail Store Tech
The technology I like best in retail can be summed up by thinking about the 3 Es:
What enables, expedites, and/or elevates the store experience for tasks a customer doesn’t need a human to perform?
AR in Retail
Last month at Verizon, we built an in-store AR use case and rolled it out to thousands of our stores. The activation was tied into Verizon’s holiday campaign and encouraged deeper engagement in the store by prompting customers to search for and “unwrap” exclusive promotional offers as they browsed.
Amazon Fashion’s London Pop-up
Observations and analysis about Amazon‘s London pop-up from retail consultant Rebecca Smith and me.
Retail Surprises at the Cartier Pop-up... and Amazon 4-star
On the way to visit the new Amazon 4-star store in Soho, I stumbled upon a Cartier pop-up at 120 Wooster (open until 11/4/18). Unexpectedly, I found both to be about discovery.
My Visit to a Payment-optional, Selfie-friendly Store
To recap, trends hit:
Instagrammable
New CPG sales channel
Small format
Self-checkout
Shift in ad dollars from digital to stores
And those missed:
Experience
Service
Product education
Brand immersion
The “chat” in chat commerce
Retail, Now with Tour Guides
If more stores can capture people’s attention in similarly-immersive ways, then reserved and tour-guided retail could be part of the definition that I think today’s “retail as entertainment” hypotheses sorely need.
Storytelling through Stores
Hitting so many DNVB stores in quick succession reinforced for me a story. The story is that these brands - unlike retailers before them - are not opening stores for pure distribution strategy reasons.
Retail Experience & the Purpose of a Pop-up
While I’m all for the product-free pop-up, I’m looking for more of a tie between brand and experience than this one.
A Tale of Two Seattle Retail Pilot Stores
Earlier this month, I visited Amazon Go and Starbucks Roastery. They’re at opposite ends of the technology/human spectrum.
The Living Room is the New Dressing Room
“The living room is the new dressing room.” - Miki Berardelli, Kidbox CEO
I heard this shortly after telling someone that home is a shopping channel. If a fashion retailer doesn’t have a home strategy, it may be multichannel but I don't think I can say it’s omnichannel.
Discovery Retail, Part 1: Consumer Electronics
This is the first part in a series I’ll use to explore retail (likely offline, but could be online) that emphasizes product discovery over - or in ways equal to - immediate sales.
Stores as Playgrounds & 5 Ways Dyson is Winning
On Friday, I visited the Dyson Demo store. I had read about it and, while I'm not in the market for a vacuum cleaner, what's the point of a retail store anymore if it's not a helpful experience with some form of product trial?*