Cover Story: Tailored Deals Bank Sales
Aggressive promotions and integrated
database marketing help make JoS. A. Bank
recession-proof
By
Joe Keenan
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So what's the 104-year-old, Hampstead, Md.-based marketer's secret formula? It started with a shift in philosophy that came from examining what was going on in the marketplace, then attacking it with a promotional market- ing strategy.
"We had to get creative with our marketing and promotions, and learn how to vary our promotional activity to keep our customers satisfied," says Bridget Owens, JoS. A. Bank's director of catalog merchandise and production. "It was mostly about building their confidence — that they could shop with us relatively risk free."
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Joe Keenan
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Joe Keenan is the executive editor of Total Retail. Joe has more than 10 years experience covering the retail industry, and enjoys profiling innovative companies and people in the space.
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