Customer Acquisition

Tips to Enrich the In-Store Experience
April 26, 2016 at 3:28 pm

At the start of 2016, Wal-Mart, the worldโ€™s largest company by revenue, announced that it would close 269 locations around the world. Macyโ€™s also plans to close 40 stores this year. In part, industry analysts blame closures like these on what they see as a larger retail shift toward online shopping. And with the growingโ€ฆ

Amazon Eyed Up Everlane, Le Tote and More for Fashion Acquisitions
April 15, 2016 at 9:13 am

Amazon.com has been focusing attention on areas like media streaming, its faster delivery and pickup services, hardware, and enterprise via Amazon Web Services. But itโ€™s also making an effort to reboot one of the more legacy parts of its business: fashion. TechCrunch has learned from multiple sources that the e-commerce giant has considered buying several startupsโ€ฆ

Referral Marketing Pays Off for invino
March 21, 2016 at 9:28 am

invino, a private sale shopping community for wine lovers, wanted to use its membersโ€™ passion for the brand โ€” and its wine โ€” to help it recruit new members and, ultimately, customers. The online retailer worked with social commerce platform ShopSocially to embed a "Refer a Friend" app on its website, offering visitors a freeโ€ฆ

Dickโ€™s Aiming for Sports Authorityโ€™s Customers
March 9, 2016 at 11:08 am

Dickโ€™s Sporting Goods is already running the numbers on markets where rival sporting goods retailer The Sports Authority plans to close stores as part of its bankruptcy reorganization. The goal is to grab market share wherever possible, whether through taking over leases or pumping up marketing in affected areas.

Kohl's Has a Millennial Problem
February 25, 2016 at 10:11 am

Whatโ€™s wrong at Kohl's? While the department store responded to a weak holiday quarter with a round of pink slips, the answer more likely lies with its shoppers. Using the consumer intelligence collected by Prosper Insights, this analysis reviews why the disappointing holiday season at Kohlโ€™s wasnโ€™t a surprise, as well as a broader trendโ€ฆ

Is Customer Acquisition Worth it During the Holidays?
February 11, 2016 at 10:54 am

Zeroing in on holiday shopping tendencies is a powerful tool for retailers as they consider their seasonal strategies. In order to inform the strategic budget division between acquisition and retention, the Optimove data lab crunched behavioral and spending patterns from a database of over 200 million holiday retail transactions, made over a period of threeโ€ฆ

Macy's Opens โ€˜The Etsy Shopโ€™ to Attract Millennials
January 29, 2016 at 10:10 am

What with little movement among its winter outerwear and handbag inventory, and sliding quarterly sales overall, department stores have had their fair share of struggles recently. In order to adapt to the changing market, Macy's has tapped beauty franchise (and Sephora's biggest competitor) Bluemercury, launched a shop-in-shop concept with Korean beauty e-commerce pioneer Peach & Lily,โ€ฆ

Pushing More Than Just Product: What Retailers Need to Know to Lure Back the Mid-Tier Shopper
January 27, 2016 at 10:52 am

My father used to have a saying, โ€œIf you own a worm store, remember you arenโ€™t simply selling worms, rather you're selling them the ability to catch the biggest fish.โ€ While dad would be hard-pressed to tell you the difference between cashmere and cotton/polyester blend, it's amazing how much mid-tier retailers can learn from thisโ€ฆ