Omnichannel

Multichannel shoppers have become the most sought-after customer demographic for nearly every merchant. And for good reason. During the last holiday shopping season, tri-channel shoppers (retail, catalog and Internet) spent on average $1,028, according to a study from DoubleClick. And those who shopped in only two of those channels spent $1,100. Moreover, it’s projected that by 2007, Web sites will account for 42 percent of catalogers’ total sales vs. 29 percent in 2003, according to a study from The Direct Marketing Association. Clearly, a multichannel focus is the new norm for catalogers. In that vein, we here at Catalog Success

From the moment you pull into the 40-acre Golfsmith campus in Austin, Texas, you know you’re in a golfers’ mecca. But as it turns out, the company’s on-site driving range and golf academy are just the beginning. Inside the 92,000 square-foot corporate headquarters, there’s a putting green for employees, and a large retail store complete with indoor waterfall and Clubhouse Café. The clubmaking workshop not only crafts custom-made clubs, it also holds weeklong classes for those who want to learn the art. A research and development team is developing clubs and testing vendor-sourced products. Enlarged pictures capturing golf imagery hang over the

Benchmarking often is described as a set of performance standards for a specific task. And best practices entail tried and true procedures that can help improve your catalog business. Although many industry benchmarks and best practices are viewed as standards, in reality most need to be adjusted to meet the requirements, limitations and needs of a particular catalog business. There’s no one model or standard of performance that works for all. For example, the return rate for an apparel mailer may be 25 percent (i.e., the standard), while a food cataloger might see a return rate of 3 percent (the standard for

The blunt truth is that multichannel retailing is hard. Running a catalog business is a demanding mix of direct marketing skill and retailing savvy. Add in significant Web and store sales, and the complexity rises to a higher level. Successful multichannel direct marketing is a three-step dance: serving customers across channels, tracking customers across those channels and marketing efficiently within them all. Following are some suggestions that can help. Serving Customers “Multichannel” is a retailer — not a customer — concept. Customers view your brand as a unified whole, regardless of where and how they deal with you. They expect a seamless

Today’s multichannel merchants continually are searching for viable channel-integration solutions — a seamless blend across the key points of customer interaction, including catalogs, Web sites, retail stores and kiosks. “Providing seamless integration communicates a consistent message to consumers and results in higher transaction values,” note the authors of the LakeWest Group’s Fifth Annual POS Benchmarking Survey 2004. But as most catalogers will tell you, achieving that seamless blend across all sales channels is more difficult than it appears to be. Following are a few tactics that can help you make the most of all of your channel-integration intiatives. 1. Take advantage

Catalog Success and Marketing INFORMATION Network® present the Top 200 Catalogs: The Greatest Housefile-Growth Rates Among Catalogers The charts reflect our second-annual ranking of the top 200 North America-based catalogs as measured by recent housefile-growth rates. You’ll notice that catalogers selling apparel/shoes, home furnishings and food fared particularly well. But other consumer categories also had strong showings, most notably athletic and sporting goods and apparel (14 catalogs in the Top 200), children’s products (14) and gardening-related items (13). Moreover, 16 business-to-business catalogs made the list. Comparing and ranking catalogs based only on raw numbers is never a fool-proof methodology. For example,

Free Shipping! 50% Off! Free Gift with Order. These are all common catalog offers that inspire customers to order. Obviously, promotional offers work. They boost orders and gross revenue. But which offers work best, and when and how can you use them most effectively? Should you make the same offers to both customers and prospects? To be effective, you need to know what to avoid when making promotional offers. Avoid Conditioning First, don’t condition your customers to look for offers every time they buy. Over-promoting an offer may result in a decline in your response rates. Also be careful how you use

Someone asked me recently why I like covering the catalog industry. I told him because it’s ever-evolving. He exclaimed with some incredulity: “Ever-evolving?! A catalog is a catalog. It’s a traditional medium. How is it evolving?” I gave him my quick rendition on how new software and management techniques, as well as e-commerce tactics, make the industry quite dynamic. He seemed mildly convinced. Afterwards I thought more about his original question: What is it about cataloging that I find so fascinating? On the surface, it’s a fairly simple proposition: You buy products, market them and sell them for more than what you paid

In the old days of cataloging, a two-step acquisition was defined as a prospect converting to a customer after he or she responded to two different marketing efforts — thus taking two steps. Step one was to respond to a compelling advertisement to get a catalog. Step two was to respond to the catalog by placing an order. With two-step acquisition, the broad advertising net usually was cast in a trade magazine, and prospective customers replied by phone. Tracking costs for such acquisitions was simple, as the choices for the first step seemed finite, and the conversion meant loyal, long-term customers. In

A full two-thirds of all consumers embrace multiple channels, according to Forrester Research. No doubt, you also know from your own experience that your best customers are those shopping in all of your available channels. But how do you expertly manage and optimize these sales? Kevin Green, president and chief marketing officer at Lillian Vernon, and Bill Miller, president of Eziba, offered the following trade secrets for multichannel marketing during their session: “Web, Catalog and Sales: Managing a Three-way Relationship,” held during The Direct Marketing Association’s Annual Conference in Orlando in October. • Establish consistent policies across all of your channels.