I must admit Iโve frequently scrutinized those Landsโ End โghettosโ in Sears stores ever since Sears acquired the pride of Dodgeville, Wis., five and a half years ago. For a few years, Sears tried to sprinkle Landsโ End products amidst its mostly forgettable array of private label and largely undesirable polyester clothing. But Iโm happy to report Sears is getting closer to getting the Landsโ End integration thing right. And when I received a 12-page mini-booklet โ not quite a catalog, per se โ I was truly blown away. The 63โ4-inch x 51โ8 inch outer cover wraps around eight 63โ4 inch x 4 3โ4
Merchandising
Reading retail sales, housing sales and consumer confidence reports the past couple of weeks while watching the stock market sink, Iโve become quite worried about the outlook for the holiday season for catalog/multichannel marketers. Retailers collectively reported their worst October in 12 years, and a Conference Board report last week said consumer confidence dropped in early November to its lowest level since Hurricane Katrina triggered soaring oil prices two years ago. Meanwhile, recent reports from the National Association of Realtors showed sales of existing homes had plunged to their lowest level in nearly a decade. None of this bodes well for catalogers. So
Many multichannel merchants focus on how they can lower operating costs when they consider outsourcing certain tasks. But when you outsource operations, you also outsource the investment. Sounds obvious, but maybe the magnitude isnโt all that clear until youโre faced with replacing an order-management system, moving into a new fulfillment space or upgrading your Web site. When outsourcing your investment, you donโt have to invest in those upgrades as your business grows and changes. Letโs look at some examples that show the size of these investments. * Order-management systems. Software as a service (SaaS) can free up a potential investment of $25,000 for an
Say what you will about this wonderful trade we call the catalog/multichannel business, but whichever way you spin it, you canโt go very far if youโre unprofitable. Thatโs why above all else โ the marketing, the merchandising, the creative, the e-commerce, etc. โ weโre most interested in helping our readers make more money. So we bring you our annual binge of tactics and tips extracted from all of this yearโs issues of Catalog Success, our weekly e-newsletter Idea Factory and our biweekly idea exchange e-newsletter, The Corner View. Our editorial staff went through every article weโve produced this year to give you a nice,
To effectively reach the increasingly cross-channel shopping customer, merchants must understand the difference between multichannel merchandising and dynamic cross-channel merchandising. Multichannel merchandising usually refers to tactics contained within channels and isolated cross-channel tactics, such as buying online and picking up in stores. Dynamic cross-channel merchandising coordinates multiple channels to gain market share, grow revenue and profits, and increase customer loyalty. It sounds simple, but the industry is filled with much talk and little action. What are the steps merchants need to take to go from siloed actions to dynamic merchandising? 1. Rethink how decisions are made about the four fundamental merchandising considerations:
The first concern to address when prospecting via direct response TV, space ads or inserts, is strategy. Consider two potential approaches: 1. A lead-generating, two-step approach casting a wide net for prospective buyers; or 2. A narrow focus to acquiring buyers by selling โoff the page.โ The easier and more universal strategy is the lead-generating approach โ getting catalog requests or visits to your Web site. However, only a small proportion of the inquiries that see your catalog or Web site will get to step two and place an order. Selling directly from DRTV, space or an insert piece is your
In the September (print) issue of Catalog Success, I discussed the opportunity catalogers and multichannel merchants have to aggressively pursue the older end of baby boomers, some of whom are now in their 60s. In Portland, Maine, on Sept. 20 for the fall NEMOA Conference, I was taken by the opening presentation given by Claire Spofford, senior vice president and chief brand officer for the Orchard Brands unit of Golden Gate Capital, (formerly AppleseedโsTopCo). Having joined Appleseedโs earlier this decade to bring a retail and brand accent to the mature womenโs apparel cataloger, Spofford now presides over a thriving multititle multichannel business thatโs as
The end of summer and the return of college students is a welcome sight for marketers. Students and families are expected to spend $47.3 billion in back-to-college purchases this year, according to a recent National Retail Federationโs 2007 consumer intentions survey, conducted by BIGresearch. Here are some of its findings: * Students and parents are expected to spend a combined average of $956.93 on back-to-college merchandise, up from last yearโs average of $880.52; * Spending on textbooks will exceed $15 billion; * Spending on clothing and accessories is expected to jump to $7.41 billion, up from last yearโs $5.78 billion; * Students and
Summerโs almost gone; the holiday seasonโs creeping up. So besides making sure that shoppers find your site among the tens of thousands of retail sites available to them on the Web, what else can you do to ensure youโre ready when shoppers start searching for holiday gifts? Here are some helpful tips: 1. Figure out what works best for your business. For example, are your shoppers enticed by free shipping offers, or do you need to ship gratis just to be competitive? Do you sell the kinds of items that people tend to give loved ones perennially โ namely sweaters, slippers, menโs shirts
With the Internet transforming even the smallest catalogers into worldwide marketing companies, virtually every business at some time or another will be forced to handle international orders. While the process certainly is more elaborate than it is for domestic shipments, itโs not rocket science: Do your homework, avoid unexpected costs. โToday, itโs relatively easy to market and ship overseas,โ says Richard Miller, managing partner at North Chatham, Mass.-based Market Response International, an international direct marketing consulting and research firm, and also executive director of the International Mailersโ Advisory Group. Mailersโ ability to communicate quickly with customers, acknowledge receipt of orders and address problems โhas become