Promotional Strategy

Apple Ditches Discounts, Goes With Gift Cards for Black Friday Sale
November 29, 2013

Apple earlier today launched its annual Black Friday sale, but rather than directly discount hardware, it's done for years, it offered gift cards of up to $150 with a purchase. And has become habitual, some resellers either slashed prices directly or bundled gift cards or larger amounts than Apple. 

Home Depot Leverages Omnichannel Initiatives to Spur Sales
November 21, 2013

A year-and-a-half-long gain in the U.S. housing market has led to an increasing number of consumers investing in remodeling efforts and, in turn, has benefitted Home Depot, which reported a stronger third quarter than investors expected. For the quarter, the company's revenue increased 7.4 percent to $19.5 billion, coming in above analystsโ€™ average estimate of $19.2 billion. In addition, comparable store sales for U.S. stores increased 8.2 percent. Because of consumers increasing willingness to invest in home projects, the company saw the average purchase price per customer rise by 3 percent to $56.27.

How Retailers Can Best Engage Consumers This Holiday Season
November 21, 2013

According to eMarketer, online retail holiday sales will increase 15 percent this holiday season, seeing a rise from $53.7 billion in 2012 to $61.8 billion in 2013. With statistics like this, it's easy to understand the immense pressure that retailers feel to drive increased revenues during this time of year. However, building and getting more marketing campaigns out the door isn't the answer. Instead, marketers need to take a customer-centric approach to their holiday strategy, leveraging the data they have about their customers to individualize the customer journey.

Apple Brings Retail Experience to iPad With First Shopping App
November 20, 2013

Apple wants to make holiday shopping easier with the iPad's first-ever retail app, which comes loaded with features to make product discovery more seamless. The Apple Store for iPad is designed specifically for iOS 7, capitalizing on using gestures to find more products from Apple's online store. It essentially wraps up everything currently listed for sale on Apple.com and packages it up in one easy-to-navigate app. Since iPhone users typically use their devices to look up store directions and get information about products quickly, Apple created a different experience for the iPad with deeper swipe, zoom and gesture functionality.

Overstock.com Launches โ€˜Daily Dealsโ€™ Flash Sales
November 19, 2013

Overstock.com now offers 24-hour flash sales starting at 10 a.m. MST, seven days a week. To power these flash sales, Overstock.com is searching its website for the most popular products in such categories as furniture, area rugs, bedding and electronics, then discounting them for a limited time up to 50 percent. The Daily Deals page shows a running countdown so that consumers know how long the flash sale will last (unless the product sells out first), and provides a sneak peek of upcoming deals. 

3 Tips to Optimize Holiday Revenues
November 11, 2013

Holiday decorations have already been on display at retail stores for weeks, spreading the holiday cheer over longer than just November and December. Accounting for approximately 20 percent to 40 percent of retailersโ€™ annual sales, it's no wonder they're making an effort to extend the holiday revenue spirit. In the run-up to Black Friday and Cyber Monday, retailers have few options to increase sales volume and revenue without conducting a major overhaul of their digital marketing strategy. They must think strategically about leveraging assets they already have, as well as after the festivities are over.

Amazon, Postal Service Team Up for Sunday Deliveries
November 11, 2013

Just in time for Christmas, Amazon.com and the U.S. Postal Service are teaming to make "every day an Amazon prime delivery day." The e-retailer announced Monday that it will be rolling out Sunday delivery services in Los Angeles and New York to customers who are eligible for free, two-day shipping. In 2014, the service will be expanded to the broader U.S., to include such cities as Dallas, Houston, New Orleans and Phoenix. For the cash-strapped Postal Service, news of more deliveries for one of the biggest retailers of the internet age can't be that bad.

Kmart Launches Lease-to-Own Program Nationwide
November 6, 2013

Kmart will offer lease-to-own financing at stores nationwide this holiday season. The latest addition to Kmart's portfolio of financial services, the lease-to-own program began to roll out at Kmart stores in test markets as of Oct. 15 and will be available in all stores by Nov. 22. Giving customers and Shop Your Way members a no credit-required way to take home the items they need right away, lease-to-own financing will be available year-round for merchandise priced at $150 and over. 

How Western Brands Are Tapping Into China's Crazy-Big E-Commerce Holiday
November 5, 2013

China's Singles Day is a strange little holiday created in the '90s by university students who thought the date 11/11 looked like four solitary stick figures. Somehow, it's evolved into the country's largest e-commerce shopping event, with Western brands eager to cash in. And for good reason: Last year's Nov. 11 was so big the transactions overloaded banks, and Chinese e-commerce giant Alibaba logged $3 billion in sales โ€” two times what U.S. retailers achieved on Cyber Monday. China's e-tailing fest exploded out of nowhere. Alibaba launched the holiday just five years ago with 27 brands.