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Shopper Engagement delves into the latest trends and strategies retailers are using to cultivate long-term relationships with shoppers. Social media, mobile technology, in-store tablets and more are covered in this section. Subscribe to the feed and stay in touch with the latest retail happenings.
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Written by Alicia Fiorletta
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Thursday, 16 February 2012 17:10 |
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Today’s retailers are focusing more on shrinking budgets and retaining customers than acquiring new ones. As a result, many are revamping and monetizing their loyalty programs to ensure their brands are integral parts of consumers’ lives. Best Buy, for example, has turned its Rewards Zone loyalty program into a source for shoppers to receive access to special events, coupons and offerings, in hopes of incenting them to increase basket size.
During the Loyalty 360 webinar, titled “Monetizing Loyalty Marketing Assets: A Conversation with Best Buy,” Barb Olson, Senior Director of Marketing for Best Buy and Mike McDonnell, VP, Product Management and Client Solutions for Affinion Loyalty Group, discussed the retailer’s key tactics for its Rewards Zone program, as well as its customer retention strategy.
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Written by Alicia Fiorletta
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Tuesday, 14 February 2012 09:28 |
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Digital signage solutions allow merchants to amp up in-store experiences by encouraging customers to interact with content, such as offers and advertisements. In an effort to increase ticket and concession sales across its locations, Rave Cinemas, LLC, partnered with Real Digital Media, provider of the NEOCAST digital signage platform.
“The cycle of content change is tremendous in the cinema industry,” William J. Budwitz, Director of Systems Development for Rave Cinemas, told Retail TouchPoints. “With several new movies weekly and their corresponding promotions, we constantly are refreshing our poster cases, signs, schedules and menu boards. With the NEOCAST digital signage system, we can easily keep up with this frantic pace.”
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Written by Alicia Fiorletta
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Monday, 13 February 2012 08:41 |
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In an online sales environment that is ever evolving and increasingly competitive, eTailers constantly are in search of ways to boost sales rates and acquire new customers. In order to stay afloat, merchants must learn how to drive engagement and catch the attention of qualified, paying customers. While many retailers rely on interactive strategies such as social networking and mobile marketing, email remains the linchpin of customer communication.
Misikko, an online retailer offering a variety of hair care products, such as flat irons and professional hair dryers, sought a solution to improve purchase rates. Initially the beauty tool eTailer relied on direct marketing and search engine optimization (SEO) to engage potential and loyal customers. In an effort to drive more profit and better grab prospects’ attention, Misikko partnered with Campaigner, an email marketing solution provider.
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Written by Alicia Fiorletta
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Thursday, 09 February 2012 17:50 |
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 Digital marketing strategies such as email are vital to e-Tailers striving to increase traffic and overall purchase rates. With the obstacles of spam filters and low delivery rates, many online merchants are challenged to boost brand awareness. For example, eCampus.com, a retailer of new and used textbooks, struggled to promote its “Rent and Return” program in 2009. After teaming with Bronto Software and implementing the company’s Deliverability Monitoring solution, the e-Tailer increased email-driven revenue by 280% year over year.
Prior to deploying the Bronto solution, eCampus.com’s email campaigns were receiving low delivery rates on a consistent basis; approximately 5-8% of all email messages were not received. With low inbox delivery, high spam filtering and excessive bounce rates, the e-Tailer suffered from lost revenue and a siloed customer service strategy.
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Written by Alicia Fiorletta
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Monday, 06 February 2012 09:13 |
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On Feb. 1, 2012, social networking web site Facebook, filed to raise $5 billion in an IPO. The company cited Morgan Stanley as a lead underwriter, and Goldman Sachs and J.P. Morgan in secondary positions. Developed in 2004, Facebook is a recognized leader in the social media space. The company’s co-founder and CEO, Mark Zuckerberg, also has been cited as a constant advocate for social engagement and sharing. In 2010, he was named TIME Magazine’s Person of the Year with the title, “The Connector.”
The promise of instant communication and increased engagement is driving the continual growth of Facebook. In its filing, the social media giant revealed that it experienced a strong surge in year-over-year profit. During 2011, the company made a net profit of $1 billion off of $3.71 billion in revenue; a 65% boost in net income.
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