Tag: austin PR agency

#RetailRoundUp

Posted on | by Ketner Group

It has been a very busy week for the retail industry, from being able to shop and buy items from Nordstrom with just a simple text, to the new-found ways to utilize pop-up stores. Check out the top stories this past week from the retail world:

Nordstrom enables shopping via text via Retailing Today

Imagine a world where you could text someone what you wanted, and all of a sudden it’s yours. Well, for all of those shopaholics out there, it’s time to rejoice. Nordstrom has launched TextStyle at all of their  116 U.S. stores, and it’s basically revolutionized retail. TextStyle allows shoppers to make purchases from a personal salesperson or stylist, and enables associates to send new product recommendations to customers with a text message. If the customer would like to purchase the items, they can by simply replying with ‘buy’ and a unique code. Shoppers can also send their salesperson a text message with a product description or photo. All purchases are completed with the customer’s Nordstrom account information, and items are shipped directly for free.

Of course this isn’t the most mind-blowing news around. There are many retailers that have similar programs like this, but Nordstrom is now the only retail company in the U.S. that offers customers who opt-in the ability to shop and buy with just a text message. TextStyle provides consumers with a unique, efficient and extremely personalized way of shopping.

Target addresses digital channels after overwhelming demand for Lilly Pulitzer collaboration via RIS News

April 19, 2015, is a day that will live in infamy. It was the day that the Lilly Pulitzer collaboration with Target, #LillyForTarget, launched, sold out in minutes, crashed the company’s website and left many people angry, sad and extremely disappointed. Target’s CEO, Brian Cornell, noted that the company was disappointed their, “digital channels were not able to properly accommodate the surge in traffic at the time of the launch.”

Since that chaotic event, Target has been working to redeem itself and its digital business. Target announced during their Q1 2015 earnings call, that the company will make a $1 billion investment in technology and supply chain. Kathryn A. Tesija, executive vice President, chief merchandising and supply chain officer, ensures the company will continue to invest in technology and supply chain to allow their guests to shop on demand, and to improve the economics of its online business meaningfully. Target is now “working to address root causes and learn from the experience” as they prepare for the upcoming holiday season and the accelerated growth of the company.

Jo-Ann Fabric among first retailers to partner with Pinterest’s new Buyable Pins via Chain Store Age

We’ve all been there… well most of us. You’re scrolling through your Pinterest feed and you basically fall in love with everything you see. You re-pin it, thinking that you might attempt to create it later. After a while, you finally have time to create this beautiful masterpiece that is supposedly simple to do. But then you realize achieving the perfection that is pictured on Pinterest is basically unattainable, and your sad attempt hardly resembles it. Well, look no further because you can finally buy items from Pinterest directly from the site!

Pinterest is embarking on their first attempt in e-commerce by partnering with various retailers, including fabric and craft specialty retailer Jo-Ann fabric and Craft Stores, for their new Buyable Pins. Currently, there are over 4.2 million pins linking back to Joann.com. With buyable pins, consumers can find a product, pin it to their board, and directly purchase it off of Pinterest.

The Buyable Pins are expected to launch on the Pinterest iOS app this month and for Android and desktop later this year. Other retail partners for Pinterest’s Buyable Pins include Macy’s, Nordstrom, Neiman Marcus and Ethan Allen.

Pop-Ups: How temporary storefronts are changing brand loyalty via Fierce Retail

Pop-up stores are a big trend this year. Though the concept of placing a shop within a shop to attract attention to new designers and collections is nothing new, but the concept of a pop-up shop today has evolved into something much more intricate. The 2015 pop-ups are used as a sort-of beta test for a physical presence for retailers that have previously only had an online store and to see how it might change brand loyalty.

Many retailers are joining this trend, including e-commerce giant Amazon with its launch of a holiday pop-up store in 2014. Brands such as Zappos, The Grommet, Crest & Co. and Boohoo have recently introduced their first pop-up store. Even the highly anticipated buzz for the sold out Lilly Pulitzer collection for Target was fueled by a pop up shop in New York’s Bryant Park.

This growing trend for retailers utilizing pop-ups can be attributed to a few important reasons. First, retailers are starting to realize that pop-up stores are a feasible way to increase sales and presence in the marketplace. Secondly, these temporary stores are a great way to track customer approval for the transition from online to brick-and mortar in a temporary setting. Lastly, opening a temporary store is relatively inexpensive with little risk, which is great when testing something new. Pop-ups are not only a great way to assess costs and success; they’re also a great way to promote a brand.

This Week’s Retail Round Up

Posted on | by Ketner Group

With the retail industry changing on a day-to-day basis, there’s always something that’s trending in the news. From the havoc that Lilly Pulitzer created with their launch at Target, to the possibility of having robot technology take over the retail world, this week was filled with some fascinating trends.

Lilly Pulitzer for Target causes shipping frenzy via CNN

Lilly Pulitzer, known for bold colors and prints, announced earlier this year that it would partner with Target to release a new, more affordable line of bags, shoes, dresses and much more. This news created some major hype amongst people all over the country, and according to CNN, lines started forming early as 5 a.m. on Sunday, April 19 for the highly anticipated collection.

Within hours, it was sold out online and in stores across the country. And people were irate. Target announced that the inventory would not be restocked because the collection was only available for a limited time. Once people realized that #LillyforTarget was essentially a thing of the past, people were furious. And today, Target is facing the backlash, but are “learning from these experiences and sharing with our online and store teams,” according to a statement.

Sam’s Club makes being a member more valuable via Retailing Today

Sam’s Club announced on April 22 that they would implement five new services, including those that are focused on financial services, theft protection and the possibility of saving members as much as $2,300 annually. These new services will allow Sam’s Club to differentiate themselves from Costco and other competitors, as well as simplify how their consumers work, live and conduct their businesses. Sam’s Club, who has been dedicated to low prices on bulk goods and quality products for many years, embarked on this change in response to their CEO’s push in increasing the value of membership and multiplying services involved with business, home and life. With these new services, Sam’s hopes to attract new members, maintain their existing ones and promote their $100 Plus level membership.

Services offered from providers with recognizable brands include:

  • Identity theft protection from industry leader Lifelock at a 25% discount on annual rate.
  • Accounting services and tax preparation from 1-800Accountant, a network of accounting experts that provide bookkeeping and tax filing through a simple platform, starting at $29 a month.
  • A Sam’s Club Business Lending Center that gives access to as much as $350,000 of capital by connecting business members to lenders and credit options through Lending Club, Smart Biz and Sam’s Club Business MasterCard.
  • Enhanced payment processing solutions provided by First Data. This will bring in-club business consultants and centralized payments and point of sale technology to business members to help simplify operations.
  • Online marketing services provided by Web.com with a 36% discount. Web.com has created member-exclusive digital marketing bundles, including do-it-yourself (DIY) and do-it-for-me (DIFM) plans for digital marketing services.

Will retailers I-up the latest in robot technology?  Via Retail Gazette

Tech innovator, Toshiba, has introduced a humanoid robot to the retail world in Japan. They have introduced this “lifelike” communication technology to attract people into stores, where androids have been greeting and assisting consumers around the store and aiding human employees. Currently, the robot is being used as an attraction or as a form of entertainment, but Toshiba’s Business Development Division Group Manager, Hitoshi Tokuda, thinks that this robot can revolutionize the shopping experience. Toshiba is hoping to develop a robot that can eventually do what a human does in regards to customer service.

The robot is powered by 43 motors and blinks and talks. Apparently, the robot named Pepper can understand about 80% of conversations and is set to launch across 1,000 stores in Japan. This new development has set the bar high for customer experience for retailers wanting to expand in Japan. These androids could be a solid investment that has the power to change communication and employ more staff, but businesses could also lose their brand’s personality without face-to-face human interaction. These new robots are setting an intriguing stage for the future of retail.

 

Retailers’ Aging POS Platforms in Need of a Makeover via Retail Info Systems News

As the times change, so do the needs of consumers and POS platforms. Older platforms, traditionally used for scanning merchandise and completing basic transactions, are reducing consumer engagement. In fact, most POS platforms are about 6.9 years old; the need for upgraded technology is now becoming essential for empowered consumers that are expecting much more than a register. Consumers are now demanding POS as the “omnichannel point-of-service” where retailers engage consumers and build loyalty. The retail industry needs to address these outdated systems or face potential compliance penalties, security risks and even a hindered ability to reach growing business needs. According to EKN Research, the need for more up-to-date systems is attributed to four key factors including the EuroPay, MasterCard, VISA (EMV)-liability shift, the growing need for mobility, omnichannel POS integration and the introduction of new payment methods.

 

Amazon Takes aim at the B2B market via Retailing Today

Amazon is now thinking about delving into the B2B world with retailers like Staples to launch Amazon Business marketplace that is stocked with millions of business products. Amazon says that their business customers will benefit from free two-day shipping on eligible items, multi-user business accounts, approval workflow, payment solutions, tax exemptions, customer support and so much more. Amazon Business will give businesses the convenience of shopping online in an expanded marketplace with the selection, convenience and variety of Amazon.

Some of the features of Amazon Business we think are super awesome are:

  • Business Accounts: Create a single or multi-user business account, invite additional users to join the account and define groups of users to easily share payment methods and shipping addresses.
  • Free Two-Day Shipping: Fast, free shipping on orders of $49 or more on tens of millions of eligible items, plus access to even faster shipping options.
  • Multi-Seller Marketplace: View multiple offers on a single product page for easy price comparisons, as well as shop sellers that consistently meet the performance and service requirements that businesses expect.
  • Business-Only Pricing: Business-only prices on select items and quantity discounts from select manufacturers and sellers.
  • Business-Only Selection: Business-only items combined with Amazon’s vast selection provides access to hundreds of millions of products, including hard-to-find items like traffic signs, industrial deep fryers, antibodies, 55-gallon steel drums, dent pullers and much more.
  • Purchasing Approval: Create approval workflows to enable better spending controls.
  • Amazon Tax Exemption Program: Make tax-exempt purchases and manage tax exemption permissions across an organization.
  • Amazon Corporate Credit Line: Place orders and finance purchases using a Pay-in-Full Credit Line or a Revolving Credit Line.
  • Comprehensive Product Information: Rich product pages and studio-quality photography, as well as dimensions, CAD drawings and manufacturer how-to videos.

 

 

What other retail stories in the news caught your eye this week? We’d love to hear what you think about the Target/Lily Pulitzer ordeal, and if you’ll be using Amazon Business for your company!

The Power of One Generation

Posted on | by Ketner Group

“They” say millennials are changing retail. Being one, I can say I agree with this statement. We’ve all seen the articles and research reports that talk to the impact that the millennial generation has had on the retail industry, but for me it’s a reality that I live and breathe everyday.

This past weekend I treated my sister to a shopping spree, as part of her Christmas gift. (I know, a little late, but better late than never!) It’s been widely reported that millennials are extremely brand loyal, and I, unknowingly practiced that this weekend. My sister and I went to Barton Creek Square Mall in Austin, Texas, and we only visited stores that we have had previous positive experiences with, including White House Black Market, Gap and Nordstrom. We didn’t even take the time of day to pop into the other stores. I would rather spend a little more on an item knowing I’ll have a more enjoyable shopping experience in that store, rather than spending time at their lower cost counterpart.

An article last spring in Bloomberg broke down how millennials are spending – stating they are more frugal and careful about what they buy. Through my personal experiences I find this true, not just for me, but for my friends. Leading into the shopping spree last weekend, I told my sister what our budget was, of course factoring a $50 buffer because I know our shopping habits. I planned for the months leading up to not have a weekend of triple digit spending make me have a financially-fueled emotional break down. I researched the stores I thought we should check out and sent my sister links to outfits and stores that were reasonably priced.

Another attribute about millennials, and something that is very near and dear to my heart, is that we prefer paying for experiences, not products. Honestly, I’d rather have airline miles or rewards that turn into miles rather than a new pair of shoes. Okay, I’d still like the shoes, but I’d give up other parts of my spending habits to go on a trip. But if my spending can lead to those experiences, then even better! Millennials are now even being coined the “Burning Man Generation,” due to their spending on experiences instead of things. Millennials are living proof of the old saying “you can’t take it with you.”

Retail is shifting and millennials are spearheading this movement. It’s scary but empowering to know my generation is playing a huge part in changing the retail scene. Knowing that we have this power, how will the next generation – know as Generation Z or Boomlets – change it even more?

Looking back on SXSW Interactive 2015

Posted on | by Ketner Group

Originally posted on PRSA Austin Chapter website. 

SXSW Interactive celebrates its 21st year in Austin, Texas.
SXSW Interactive celebrates its 21st year in Austin, Texas.

Every year, South by Southwest Interactive brings together the most innovative, entrepreneurial and accomplished individuals to showcase their products and ideas in front of eager audiences. 2015 was certainly no different.

A number of PRSA Austin Chapter board members were in attendance and answered a few questions about their experience. Check out their insight below:

What was your favorite session/panel at SXSW Interactive and why?

  • Sara Lasseter: I immensely enjoyed the panel on the Next Generation of Retail Innovation with the CEOs and founders of StitchFix and Rent the Runway. They had wonderfully insightful commentary on the state of retail and ecommerce operations, as well as where they see their innovative companies going in the future. As a woman in the technology industry, it was inspiring to hear the obstacles they faced in a male dominated startup/venture capital world.
  • Madison LaRoche: My favorite panel of SXSWi was on Reinventing the Cooking Show, in which representatives from PBS Food, ingredient sourcing show Original Fare and online cooking site ChefSteps.com discussed their experiences with digital cooking and food content. Regardless of their goals or plans for how their content would be consumed, all agreed that the digital format allowed for flexibility that was nonexistent in the time of Julia Child. Versus broadcast TV, the digital format allows for greater audience participation, allowing for content to create a feedback loop and a channel for dialog not previously available. At the close of the panel, the message was clear: stay true to the story you want to tell and maintain your authenticity in order to build and maintain brand equity. This lesson rings true well beyond the foodie content culture.
  • Erica Schuckies: My favorite session was called Entertainment and the Edge: Post Millennial Culture. Ian Pierpoint and Jack Horner (who both had very sexy English accents, by the way) provided insight into the minds of ‘Generation Edge,’ which consists of individuals born right after the Millennial generation (after 1995). Pierpoint’s research into this group showed that kids today are more socially aware of the pitfalls in our society and feel a responsibility to make positive changes more than any other generation (at least at their age). Horner described this generation as “rebels with a cause,” acting against the norm to make life better for not only themselves, but also their peers and future generations. Generation Edge is also more thoughtful of what they post on the web and social media; as Horner so eloquently put, “posting less shit.” Let’s hope this is true for all our sakes.
  • Alison Kwong: I really enjoyed the Lyft keynote on Monday afternoon. CEO and co-founder Logan Green is such a smart, articulate spokesperson who was very clear about his company’s story, vision and key differentiators from his competitors. It was apparent in the messaging and what he said about the marketing and plans for growth and future expansion. I also enjoyed Charles Barkley’s panel about staying relevant in the digital age. As a well-respected member of the sports media, I thought his perspective on why he doesn’t participate in social media was interesting as most of his peers and athletes do. The main takeaway was that authenticity and honesty go a long way in the media, especially in the sports industry.
  • Catherine Seeds: My favorite session by far was What Fashion Can Teach Women-Led Companies, which included a panel of the CEO and co-founder of Birchbox, the founder and CEO of Reformation Apparel and the founder and chief editor of Snob Essentials (Great blog on hand bags, by the way, if that is your thing!). This was a wonderful session on how these women have differentiated themselves and their companies by the way they communicate and engage with their customer base and by knowing exactly what their customers (mostly women) want and expect from these fashion and beauty brands. The panel discussed the social media effect on their companies, advice to other women on successfully launching their own companies, and some of the challenges they’ve faced as women-owned companies.

What were the trends that stood out to you while attending the Interactive portion?

  • Alison Kwong: Big data and analytics; the Internet of Things and how it drives innovation; the importance of good content.
  • Catherine Seeds: Retail tech was HUGE this year at SXSW.
  • Sara Lasseter: How to harness big data; mobile tech, of course; the customer experience.
  • Erica Schuckies: Customization of EVERYTHING, from wearables to user experiences to marketing & advertising; short-form video and social platforms catering to this concept (Meerkat, Meerkat, Meerkat); mobile-first mentality.

Did you Meerkat at all during SXSW Interactive? If so, what did you Meerkat?

  • Madison LaRoche: I downloaded Meerkat but was too scared/busy/uninterested to experiment with it at the time.
  • Erica Shuckies: Same as Madison – I downloaded the app with all intentions of Meerkatting my life away. To be completely honest, I kind of forgot about it most of the time, especially in moments that would have been perfect for it.

What was the coolest/most unique thing you saw during the Interactive portion?

  • Madison LaRoche: Unfortunately I didn’t see many amazing brand executions at SXSW this year, but to be honest, I wasn’t looking for them as hard as I have in the past. One of the most interesting panels I attended was the last Interactive Keynote of 2015, in which Dr. Astro Teller, captain of moonshots for Google[x], gave a passionate speech on failing with purpose. At his “moonshot factory” – a sci-fi-esque arm of Google devoted to exploring new technology to solve global problems – Teller encourages his colleagues to fail fast and harness those failures as learning opportunities toward success. He gave case study after case study of huge, time-intensive and expensive projects in which failure was part of the process to figure out what doesn’t work to get to what does. Though these examples were fascinating on their own, the best part of the speech was Teller’s extraordinary tenacity for and promotion of this “fail fast, fail often” approach. During the Q&A portion at the end, an obviously inspired but desperate attendee asked via Twitter how a company without the luxury and budget to fail could harness this approach. An exasperated Teller exclaimed that this poor soul missed the whole point of the talk, which was the simple fact that failing at the START of something (and being able to fix it) is much cheaper than failing at the END (when it’s simply too late to do anything about it).
  • Catherine Seeds: My colleagues and I had the opportunity to sit in on a session with the editor of Lucky Magazine, Eva Chen. She was fantastic and very down to earth. Here is a great write-up on her.

If you weren’t able to attend the Interactive portion of SXSW this year, we did the hard work for you and compiled a list of some great SXSWi recaps. Be warned, there are plenty of Meerkat mentions.

How about we all meet back here around this time next year? Until then, we will be catching up on sleep, nursing our blisters and over-tweeted fingers, and putting our learnings to good use!

Retail Tech & KG @ SXSW 2015

Posted on | by Ketner Group
Media Tech SXSW Image Think
Visual capture of Mashable CEO Peter Cashmore’s featured session at SXSW Interactive

It was a whirlwind of a week for KG at South by Southwest Interactive, and now that we’ve recovered from our java jitters and breakfast taco binge, we wanted to bring you the best recaps and insights on SXSW we’ve seen so far!

Several media outlets had their own opinion on the state of SX and trends we’ve seen become the hot topic

A few tech announcements and launches were made as well, including the rise of Meerkat and the Google Glass cause of death.

For the KG team, we really resonated with several of the gender-focused sessions highlighting the gender gap in technology and how next-generation retail companies are turning that on its side. We also loved this chat on optimizing content for growth!

We live and breathe retail at KG, so of course we hit up the amazing retail sessions throughout the conference. Our esteemed colleague and Editor-In-Chief of RIS News, Joe Skorupa, (who also moderated the OrderDynamics Ghost Economy panel) published an amazing recap of SXSW Interactive.

As well, UK publication The Guardian did a splendid write-up on retail’s growing presence at the innovative convention where retailers meet techies meet investors meet media meet tacos.

What were some of your favorite Interactive sessions this year? How was it different from past experiences you’ve had at the conference? We’d love to hear from you!

Until next year, SXSW!

PR Spring Cleaning: Four Key Steps to Raising Your Company’s Media Profile

Posted on | by Jeff Ketner

Spring is the season of new beginnings—and one of the busiest times of year for Ketner Group and our clients. We recently wrapped up our annual voyage to New York for the National Retail Federation conference, and are now getting ready to go full swing into SXSW 2015! KG clients are making exciting new product and customer announcements in the coming months, and we’re busily working with them on fresh ideas and opportunities for PR and marketing campaigns.

With Daylight Savings Time upon us in a little over a week, now is the time to do a bit of “spring cleaning” for your PR program. Believe it or not, retailers will soon be thinking about their new technology investments in preparation for the back-to-school and holiday shopping seasons, so it’s essential for technology vendors to keep up a high profile with PR and marketing campaigns.

What can companies do to kick start spring fever? Here are four simple suggestions:

Pick up the pace with press releases. Press releases are an essential way of gaining earned media coverage and creating buzz for your company. We love to see our clients generate one to two newsworthy announcements each month, as it’s a way to let key editors, analysts, influencers and prospects know your company is on the move.

Pitch, pitch, pitch. In today’s always-on news cycle, the media are hungry for content, and fall is ripe with opportunities. Holiday shopping will be one of the top business stories this fall and winter, for example, and many of our clients have story angles that feed directly into potential coverage in the coming months.

The key is to be relevant and creative. Do you or your customers have particular expertise that might be valuable to media? Then pitch your ideas; after all, the media is continually looking for interesting stories.

Focus on analysts. Industry analysts play a critical role in the technology ecosystem. How long has it been since you’ve briefed the key analysts covering your space? If it’s been 6-12 months or longer, it’s time for an update, regardless of whether or not your company is a client. After all, analysts need to understand your products, strategy and customer base in order to do their job; and since they often advise end-user companies on vendor selections, it’s essential that the analysts are up to date on your company.

Refresh your content. It’s no secret that content is king. Now is the time to refresh your website with fresh content, short videos, case studies, infographics, e-books, case studies and vehicles for telling your company’s story. Most of our clients’ software solutions have hefty price tags and solve critical business problems, so prospects will be on your site often to look for relevant, up to date content.

Friendly reminder from the Ketner Group – Don’t forget to set your clocks forward on March 8! Happy Daylight Savings Time day!

Ebola Relief in Liberia: Introducing #RetailFightsEbola

Posted on | by Jeff Ketner

The Ketner Group team is fortunate to work with clients doing groundbreaking work in diverse technologies including mobile, cloud, supply chain, machine learning, advanced analytics and other innovative areas. We work with really smart people who are helping shape the future of how retailers interact with consumers, which is pretty heady stuff.

Every once in a while, though, we get to work on a PR campaign that is something special. And that’s certainly the case with #RetailFightsEbola, a campaign from the Retail Orphan Initiative (RetailROI) that’s rallying the retail industry to fight Ebola in Liberia. Ketner Group has been privileged to handle PR for the Retail Orphan Initiative since it began six years, but this latest campaign raises the bar even higher.

A quick word of explanation: RetailROI is a charitable foundation that brings together retailers, technology vendors and editors and analysts to make a difference in the lives of orphaned and vulnerable kids around the world. Rather than duplicate the work of existing charities, RetailROI provides grants to charities that are already on the front lines of providing care in some of the poorest countries in the world – including Liberia.

Working with its partner charities operating in Liberia, the #RetailFightsEbola campaign is rallying retailers, manufacturers and individuals to provide much needed medical and hygienic supplies to Liberia. The goals are two-fold:

  • Raise $1,000,000+ in donated goods from retailers and manufacturers. RetailROI is working to provide specific items requested by its partners and the Liberian Ministry of Health, including first aid supplies, as well as food, clothing and linens to help with practical aid and care for survivors and the more than 3,400 children that are newly orphaned from the disease.
  • Raise $250,000 in financial contributions from companies and individuals for immediate relief. The financial contributions will help RetailROI partners provide additional relief until the goods arrive. 100 percent of the funds go directly to Ebola relief – ensuring the funds go where they’re most needed.

Why Liberia? For starters, it’s one of the countries hardest hit by Ebola as well as one of the world’s poorest countries, with an average national income of only $412 USD per capita annually. Moreover, RetailROI has reliable partner charities on the ground, including a remarkable organization called More Than Me, whose original mission was to provide education and opportunity to the most vulnerable girls in Liberia’s West Point slum, but has recently expanded to combat Ebola.

“Liberia’s government is primarily focused on mobilizing hospitals, treatment centers and coordinating with others to help with the treatment and keeping order,” says Katie Meyler, founder of More Than Me. (Check out her recent photo journal from the Ebola crisis in Vogue.)  “When it comes to practical aid for those most at risk, the vast majority of the work and distribution is being done through community groups and non-government organizations with boots on the ground like us. Survivors of this disease lose everything; their entire household and belongings are burned to stop the spread of the disease, and several thousand survivors are now orphaned children.”

More Than Me and other RetailROI partners have reduced the number of new cases by up to 90% in some of the areas hardest hit by the disease, through education, community outreach and delivery of basic medical and hygiene supplies. These efforts have been so successful that the Liberian Ministry of Health reached out to them to expand their work to additional Ebola hotspots within the country – and that’s the impetus behind #RetailFightsEbola.

As Greg Buzek, co-founder and donor trustee of RetailROI, explains, “The goods that Liberia has requested are readily available from nearly any supercenter, drug, clothing or grocery store in the U.S. We are asking retailers and manufacturers to donate products at their cost from overstocks or out-of-season goods. This is retail’s chance to make a difference in the lives of people that desperately need our help at the source of the outbreak and will be key to helping contain this epidemic.”

Retailers or individuals who would like to get involved or donate to #RetailFightsEbola, please visit www.retailroi.org/ebolarelief for more information. Please help us spread the word!

Geeking out over SXSW Panel Announcement!

Posted on | by Ketner Group

It’s only Tuesday, and the week is turning out to be very special for the Ketner Group team! A few months ago we took on the very daunting and detailed task of submitting a few of our clients to present at SXSWInteractive, in conjunction with the SXSW festival hosted right here in Austin, Texas. Yesterday morning, we were among the thousands of entrants refreshing our Twitter feed and the SXSW webpage. And finally, the magic happened—the list was announced, and we saw one of our client’s panel session was selected! Much excitement ensued, and perhaps a few yee-haws and whoops!

Image courtesy of SXSWInteractive
Image courtesy of SXSWInteractive

In addition to seeing our client OrderDynamics’s panel on the $800 billion “Ghost Economy” of lost sales retailers battle every year, there are several panels and sessions I’m planning on attending next March. Here’s a preview of a few retail and brand sessions I’ll be attending:

  • The $2 Billion Promise of Predictive Intelligence: Predictive intelligence is becoming a major topic for retailers. I’m planning on attending this session to see how Cisco and 6Sense are addressing this through their software platform to turn previous clicks and conversions into future products and purchases.
  • Mobile Tech and the Retail Revolution: Who hasn’t Shazammed a song to win an argument with a friend? In this panel, the CPO of Shazam, CPO of Mood Media and a senior editor of WWD will be discussing how retailers can utilize technology to create one-of-a-kind in-store shopping experiences while employing the wealth of product knowledge on the internet through mobile interaction.
  • Managing a Shit Storm and Restoring Your Brand: Let’s be honest—with a title like that who wouldn’t want to attend this session? I have a personal admiration for professionals and practitioners in the crisis communication field, so anytime I have an opportunity to learn from them, I’m there. This panel will give me some insight on proactively and reactively managing crises. I’m also interested in seeing how big data companies are evaluating social media response to crises.
  • Personalization for the People: Personalization is a HUGE topic in retail for the upcoming year. Retailers are tiptoeing on the fine edge of maintaining consumer privacy and providing personalized experience. I’m looking forward to hearing how this panel will suggest maintaining customer loyalty and amazing shopping experiences while not being seen as the “Big Brother” of retail.

As this year will be my first SXSW to attend and with over 700 sessions, meetups and panels to chose from, I will be making a schedule of my sessions of choice with three back-up options per time slot. Yes, I’m one of those people. If you’re coming to SXSW, be sure to stop by the Ghost Economy panel; it promises to be haunting.

What’s Happening in Retail | October’s Biggest Stories

Posted on | by Ketner Group
Photo courtesy of Seth Sawyers on flickr
Photo courtesy of Seth Sawyers on flickr

This autumn has graced us with some much-needed cooler weather here at Ketner Group, but the retail industry is still turning up the heat! Retailers are faced with data security concerns, mismatching omnichannel expectations, forecasting the holiday season and revitalizing the concept of physical retail.

Here are some of the hottest retail stories from this month:

 Integrated Solutions for Retailers – “Kmart Investigates Payment System Breach”

Recently reported in Integrated Solutions for Retailers, Kmart announced a security breach of their payment data systems. According to a press release issued on October 10, Kmart’s parent company, Sears, filed a report with the Securities and Exchange Commission and Kmart immediately began working with an IT security firm. The breach was found to have started in September, caused by malicious software that was undetected by Kmart’s anti-virus software systems. The retailer was able to remove the malware, but has reported a number of credit card and debit card numbers were stolen. Kmart will be providing free credit monitoring protection to any customer who used a credit or debit card Sept. 1 2014 through Oct. 9, 2014. The company advises any customer concerned about the breach to contact their customer care center.

Wall Street Journal – “Amazon to Open First Brick-and-Mortar Site”

The Wall Street Journal recently reported that online retail pioneer Amazon.com will be opening its first physical store on 34th Street in New York City. The site is set to begin operation just in time for the holiday-shopping season. Chain Store Age noted that 50% of purchases made online are from a retailer with a physical location, and that Amazon’s move showed that the company prioritizes omnichannel retail, silencing melodramatic remarks on the decline of physical retail. It’s worth noting that the retailer has studied the outlet concept and scouted locations for years, and while the store remains experimental, Amazon’s timing couldn’t be better. If they do fully capitalize on the opportunity, the addition of physical immediacy to their pricing and delivery platforms will become an astonishing trifecta.

Chain Store Age – “NRF: Holiday Sales to rise 4%”

NRF 2014 Holiday StatsAccording to a press release from the National Retail Federation and reported by Chain Store Age, holiday spending is forecasted to reach $616.9 billion, making it the first time since 2011 that holiday sales increased more than 4%. Retailers are expected to highlight competitive pricing and inventory exclusivity as Americans keep to their household budgets. NRF also predicts retailers will hire between 725,000 to 800,000 seasonal workers for the 2014 holiday season, a 14% increase from 2013.

OrderDynamics – “Retailers missing the mark on customers’ omni-channel expectations”

A joint study by our client OrderDynamics and Opinion Matters revealed that online retailers are not offering the services that customers want. For example, 54% of online shoppers want a named delivery date, but only 15% of retailers offer the service, usually offering next-day delivery instead, which only 10% of shoppers pay for. This mismatching of services is a critical weakness in omnichannel retail campaigns. Customers only see one relationship, and one engagement and discrepancies in meeting their desires anywhere, anytime, from any device could destroy the relationship entirely. For more information about the survey and the retailer benchmark, read the report ‘Customer Relationships: The rules of attraction’.

360pi – “Believe it or Not, Amazon is not the King of Cheap Online Prices”

Another recent report by our client 360pi partnered with Wells Fargo took an in-depth look at competitive pricing, indicating that Amazon’s pricing model is not as edgy as customers believe. The joint study found Amazon has lost to Wal-Mart and Target in key categories such as clothing, electronics and housewares. Furthermore, Target, whose products were shown by the study to be consistently 5% cheaper, announced that they will match Amazon as well as Wal-Mart. The study also notes that Amazon’s prices have been rising due to new investments, which may give a slight skew to the results. However, Time’s report says that the battle for online sales dominance is nowhere near over.