This is my 21st go-round attending ACCM, the Annual Conference for Catalog and Multichannel Merchants (did I get that whole thing right?), being held May 21-23 in Boston. For my first 18, I was part of the assorted parent companies that co-sponsored the event with the DMA. But for the past two, as a press attendee and not a part-host, I’ve picked up a different perspective on this event as well as on some other conferences. Actually, I take that back: This year, I’m sort of a part-host again on the other side of the partnership since I was recently named chairman/editor of the
Branding
The Boston Proper catalog has come a long way since it was liquidated back in 1991. So, too, has the company that bought its name and list for a song at that time ($100,000) and propelled it to greater heights ever since. That firm — once known as The Mark Group, so named after its former flagship catalog, Mark, Fore & Strike — renamed itself Boston Proper three years ago, based on the success of the catalog and divestiture of the country club apparel title, Mark, Fore & Strike, as well as the gifts and home furnishings catalog, Charles Keith. Through it all has been
In a roundtable discussion held on April 11 during a Hudson Valley DMA luncheon in Greenwich, Conn., Hanover Direct Vice President of Corporate Marketing Amy Schilder led a group on the best practices involved in partnership marketing. Specifically, she pointed out that partnerships with other marketing companies require several key components in order for them to work for both parties. Below are several take-away pointers from the discussion in which she focused primarily on Hanover’s own partnership with Sears, in which Sears offers a line of clothing from Hanover’s Silhouettes catalog. * Make sure both partners’ goals are in line with one another. In the Sears-Silhouettes
Having topped out at $287 million nearly six years ago, Lillian Vernon’s sales have been falling ever since; it’s expected to finish out its fiscal year at about $170 million. But the bleeding could stop soon. A public company until 2003, the general mer-chandise cataloger was sold to investment conglomerate Direct Holdings, led by media company Zelnick Media. But despite an aggressive game plan to broaden Lillian Vernon’s reach, Direct Holdings’ initiatives largely backfired. Direct Holdings bailed out in May 2006 and sold Lillian Vernon to investment firm Sun Capital Partners, which installed former Miles Kimball CEO Mike Muoio to turn the company
Before you work out an upsell pitch, resolve the original reason for the customer’s call. If possible, use this original impetus or the specifics of your resolution to craft your customized approach. Find out if customers would rather place their orders online. Then the rep will need to get them to clickthrough to the right links. (Or, would customers rather the rep take care of that for them?) Also decide which screens you want customers to see while reps are handling the processing end. Your reps should have experience viewing different browsers’ characteristics and should know what the different browser screens and screen sizes
Finding and retaining good employees tops the list of major concerns for catalogers. Often catalog companies are located in less populated areas, where finding qualified staff is a challenge. If you’re located in a larger city, you face the challenge of losing your trained staff to other companies. Salary, benefits and work environment are important for employees. But an overlooked aspect of employee retention is brand. Brand not only helps attract and retain customers, but it’s also essential for attracting and retaining good employees. A good gauge of whether customers will want to shop at your company is whether employees want to work there.
A crucial point of your brand inventory is to take a look at the most important element of your business: your customers. Who are your customers and why do they buy from you? Why do your customers identify with your company? Are your customers high end, wanting the best? Are they unpretentious with solid reputations? Your customers are identifying with your company. Discover more about them, and you’ll discover more about where your business should focus its efforts. Next ask, who are your employees? Are they highly trained wanting to continue their professional development? Are they innovators looking for new ideas to improve the company?
Like other insert media programs, such as package stuffers and blow-ins, miniature catalogs have been around a long time. But in recent times, their popularity among catalogers appears to be on the rise. Catalogers as diverse in nature as nursing mother products marketer Motherwear International and B-to-B uniforms mailer UniFirst Corp. have been successful marketing through mini-format catalogs. What’s more, multi-title apparel and food cataloger Crosstown Traders plans to test its first miniature later this year. Defined primarily as having no more than 24 pages at various dimensions, miniatures can be a more efficient way to get your product offerings in front of
Last month in this column, I defined the basic psychological and behavioral groupings of prospects and customers as suspects, prospects, triers, buyers and advocates. Developing marketing plans with these groups in mind can increase your results and profitability. This month, in the second of a three-installment series that concludes in the December issue, I’ll explore some strategies and tactics you can implement to accomplish this. For the purpose of this discussion, let’s assume that you’ve done a proper circulation plan and already know who you suspect will become your customers. Your suspects have become prospects by way of list research, and you’re ready to develop
I’m often surprised by the answers I get from catalogers when I ask them, “What new products are you featuring?” They usually respond with a round of additional questions, such as “What do you mean by new?” or “How many new products are enough?” Often they’ll simply say, “New products never work for us.” But new product development should be the lifeblood of every multi-channel marketer. And if done correctly, it can be one of the most rewarding aspects of a merchant’s job. To get your product development program on the right track, consider the following: * Reinvigorate your product line all the time. Even if