Tag: retail technology

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!

Digital Retail’s Brightest Take Over Seattle This Week for Shop.org 2014

Posted on | by Ketner Group

The annual Shop.org summit is already underway, and it has been a fast and furious few days for the team here at Ketner Group and our wonderful and innovative clients who are exhibiting at the show this week. The months and weeks leading up to Shop.org was full of planning sessions, scheduling meetings with media and analysts and preparing show announcements for our clients. This is a very exciting time of year for the KG team as it represents the unofficial kick-off of the holiday shopping season. We are working with all of our clients on some really exciting holiday-themed campaigns over the next few months, but more on that in another blog post!

Shop.org is a must-attend event for anyone in digital retail. In their own words, it is “a 2½ day event specifically for digital and multichannel retailers. Get the rush of discovering new ideas, getting actionable takeaways and building strong relationships with the brightest and most innovative players in the digital retail world.” The more than 5,200 attendees, 280 exhibitors and 100+ speakers represent the entire digital and multichannel retail community: senior management, marketers, merchandisers and solution providers.

In the first two days alone, attendees have had a chance to participate in various keynote sessions, roundtables and panels. Highlights include:

  • Jamie Nordstrom of Nordstrom speaking on the importance of evolving with your customer or “you die”
  • The Amazon.com story featuring leading Forrester Research analyst Sucharita Mulpuru and veteran Silicon Valley journalist and author, Brad Stone
  • A special NRF members-only session focusing on “Decoding the New Consumer Mind”

To see the latest and greatest news, tweets and photos from Shop.org – click here!

For those of you still in Seattle and need some advice on a successful Shop.org (or if you have some free time available before your flight home) check out Shop.org’s blog, “12 Tips for Making the Most of the Summit.”

Video Courtesy of Shop.org

Connecting Technology and Trust

Posted on | by Ketner Group

Technology is a cool thing. I’m realizing this more and more as I become immersed in the retail tech world. Our retail technology clients are able to help retailers become more price-competitive via price intelligence software, others can connect all the enterprise dots of an international, omni-channel retail organization to keep all the moving parts of the company on the same page. On a more personal level, technology has completely changed the way I communicate – because of social media sites like Facebook or mobile apps like Snapchat, I can instantly connect with with friends in Canada or Europe without leaving my chair or having an exorbitant phone bill, which is no fun.

But as the old saying goes, “With great power comes great responsibility.” Technology allows you to make all these social and business connections, but what about the flip side of it? The security side of it? You’re sharing your information over this invisible dimension and trusting that no one is going to use this information against you.

Technology connects people across the globe. Facebook is a great example of this, but have they taken it too far? Their messenger app recently received a lot of bad press for reportedly using personal contact information and using spyware-type coding, not to mention it’s a completely separate app from the actual Facebook app. This new application brought up a lot of discussion of terms and service agreements and personal knowledge of your privacy, which is something we should all be aware of when checking that little box. Here is a great read about the app and its permissions.

Trust is a major factor in any relationship made, whether between friends or as a loyal customer. Yet there are so many instances where trust is not enough. Take the celebrity photo leak scandal, or the five million Gmail passwords that were leaked. Home Depot is the most recent retailer to have a data breach with more than 2,000 stores affected and customer data exposed. Retail Systems Research analyst, Paula Rosenblum, recently published a great article in Forbes about the data breach and consumer protection.

Apple just came out with a payment platform, Apple Pay. Will our payment and banking information go the way of nude celebrity photos? Yes, Apple has security measures in place, most prominently not utilizing the traditional magnetic strip, but everything is safe until its not.

Retailers undertake a great responsibility using customers information, be it banking or personal, and if (actually these days its more like when) their systems get breached they have to be willing to go above and beyond to regain consumers’ trust.

Most all retailers have taken huge financial and operational strides to ensure their systems are PCI-compliant as to avoid costly customer data breaches. These are huge undertakings to protect us and maintain our trust, but as consumers, we must also monitor and protect our personal information and be mindful of technology’s capabilities, good and bad.

The Rise of Consumer Control: What’s a Business To Do?

Posted on | by Ketner Group
ThoughtWorks ParadigmShift 2014, a thought leadership conference on business disruption and customer engagement in Austin, Texas.
ParadigmShift 2014, a thought leadership conference hosted by ThoughtWorks in Austin, Texas, on business disruption and customer engagement.

With the evolution and widespread use of the Internet, mobile devices and social media, we’ve arrived in a fast-paced, noisy and fickle consumer environment.  It takes a matter of hours for consumer opinions to go viral across the web, and in a world where word-of-mouth travels like wildfire, businesses need to keep their ears to the ground to anticipate the next bit of buzz at the digital water cooler. Consumers have infinite stores and brands and tons of ecommerce choices to search for and buy the products and services they want – so how does a business foster a loyal community of shoppers in the digital world? Our client ThoughtWorks says let the consumer take the wheel.

ThoughtWorks has recognized the significance of the customer loyalty revolution in today’s hyper-connected economy, and plans to address the changing face of engagement at ParadigmShift — its 3-day, invite-only thought leadership conference September 21-23, right in our own backyard. “Technology is upending the dynamic of customer engagement,” says ThoughtWorks CEO Craig Gorsline, and ParadigmShift can help business leaders in all verticals prepare and execute the most effective strategies for two-way digital consumer interaction and loyalty.

Today’s shopper has unlimited instant access to information, reviews, social media and news surrounding a business, its products and reputation – all available at their fingertips. ParadigmShift will illuminate the profound changes in the customer landscape and open up the dialogue between top enterprise executives on how organizations can maintain relevancy with each other and their consumers.

Hugh Forrest, director of the ever-evolving and widely attended SXSW Interactive conference, will lead the closing keynote for the event, giving attendees an exclusive look into the dynamic inner workings of the minds behind the 4-day innovation summit that so wildly inspires SMB entrepreneurs and large enterprises around the world.

With redefined roles of engagement and brand loyalty, increased convenience, speedier interactions and the rise of personal choice, businesses must accept that handing the reigns to the consumer is not a bad thing. It’s what shoppers want, and when businesses embrace it, they’ll lead the next generation of successful customer engagement.

Stay tuned for more insights from conference sessions next week!

Oops, We Did it Again (and Again, and Again)

Posted on | by Catherine Seeds

We’ve all heard (or have perhaps said) in one way or another the expression, “I would love to have been a fly on the wall when….” On more than one occasion, I’ve often found myself wishing I could have been privy to certain conversations that led to decisions being made about this or that.  One of the many items on my bucket list, as my friends and co-workers know very well, is to sit in on a Saturday Night Live writer’s meeting and just take in all of the crazy creativity. Ah, to be a fly on the wall at that meeting!

But, as a PR professional, I would also love the ability to travel back in time and have the opportunity to observe and even participate in the meetings that have led to some of the most terrible PR blunders.  In recent months, major apparel brands have manufactured and tried to sell items that, for anyone with half a brain, would be received as offensive, tacky and downright unethical.  Let’s take a look, shall we?

  • Just this week, Urban Outfitters came under fire for selling a “vintage” Kent State University sweatshirt that included what appeared to be fake bloodstains – referencing the horrific events that took place at Kent State in 1970. The retailer quickly released an apology and explanation, “…the red stains are discoloration from the original shade of the shirt and the holes are from natural wear and fray.” You’d think Urban Outfitters would have learned their lesson by now, after trying to sell a crop top shirt with the word “depression” written all over it, or the time they tried to sell a t-shirt that said “Eat less” across the front.
  • This past summer, fast fashion retailer Zara decided it would be a good idea to sell a child’s pajama shirt that strongly resembled the uniforms of Jewish people imprisoned during the Holocaust. It gets worse, but stick with me – the shirt was black and white, and featured a six-point star on the chest. In researching this blog, I’ve learned that this was not Zara’s first rodeo into offensive fashion. In 2007, they released a handbag that included four green swastikas, which was apparently overlooked before production.
  • Beloved shoe brand Adidas created a line of “kicks” in 2012 that featured – I can’t even believe I’m writing this – plastic orange chains that could be wrapped around said shoe-wearer’s ankle. Of course, the shoes were criticized, with good reason, because of their resemblance to shackles worn by slaves. Adidas said publically in response that the designs were not offensive, but just the result of designer Jeremy Scott’s outrageous vision. As we Southerners say (in the sarcastically meant way, and not the way that my sweet mother means it,) “Bless their hearts.”

What I want to know is, who decided these (and countless other examples – I’m looking at you, Abercrombie & Fitch) apparel items were a great idea? We never know what goes on behind closed doors; however, one would think that in these meetings and creative sessions there would have been at least one person that should have said, “Hey guys, this is a really bad idea.” And if that idea made it through the filters of those initial meetings, you would think that someone in the C-suite group would have put a stop to it immediately. And, theoretically, if everyone else in the company decided “said shirt, with said offensive design” was a real winner and would make the company a ton of money, I would hope that a public relations executive would have gotten wind of it before production and done the right thing.

In life, we are all faced with decisions – some of them much easier to make than others. As PR professionals, it is our job to make sure the public-facing aspects of whatever company or person we represent is done so in the best and the most honest and ethical way.  Our recommendations are not always the most popular, but they are in the best interest of the company and should be listened to.

While the above-mentioned blunders were likely the result of multiple checks and balances gone wrong, the PR teams certainly fell down on their jobs in the worst way. The worst offenders are those from Zara, Urban Outfitters and Abercrombie & Fitch who let these “mistakes” happen again and again. In my job, when we make a mistake such as including the wrong boilerplate in a press release or quoting the wrong spokesperson, we take steps to make sure that it never happens again. If I were the spokesperson for these retailers, I would do everything in my power to make sure not a single piece of merchandise could be mistaken for a horrific historical event or crime against humanity –  never, ever again.

Do what’s right, do what’s ethical and all will be well – I promise.

September is PRSA’s national ethics month. For more information on PRSA’s code of Ethics, click here.

Girls Can Run the World

Posted on | by Ketner Group

When my husband and I found out that we were pregnant with our first child, we were of course thrilled! Starting our own family was very important to us and we couldn’t wait to find out whether it was a boy or a girl. A few months later we got the word – we would be having a baby girl. I was beyond excited and immediately started shopping for cute baby girl dresses, bows, socks (with plenty of Texas Tech gear, of course) and started planning the color scheme and décor for her nursery. She was going to be the sweet, perfectly styled baby girl I always wanted.

Then it hit me – I’m having a girl. I pondered about what she’d be like – would she be the shy girl like me or would she inherit my husband’s strong personality? I also thought about all the things that go along with raising a girl – from teaching her how to fix her hair, helping her deal with friendships, how to cope with boyfriends and having the serious “talks” about her body. It was all very overwhelming to think about, but I knew that my husband and I would be up to the task.

Nine years later, it turns out that my beautiful Madeline most certainly got her father’s personality and height! She is mentally and physically strong, intelligent and inquisitive and has all of the qualities and the confidence of a good leader. (Case in point, she refused to get in the back of the tug of war line with the rest of the girls, insisting on being at the very front with all of the boys in the class!) Of course she has squabbles with her little girl friends from time to time, which has resulted in hurt feelings and some tears. But Madeline is not the type of person to dwell on things for too long, and is very quick to bounce back from anything that gets her down. I’d like to give my husband and I a “high-five” for all of this, but the truth is that I believe that 50% of her personality, and the personalities of all young girls, come with them on the day they were born.

The other half, well, that’s on us as parents and the rest of you out in the world. What can we as parents and the “global village” do to help our young girls grow into strong and capable members of society? What’s more, what can we all do to help them become the leaders of tomorrow?

When I heard about the #BanBossy campaign, I was immediately intrigued. Ban Bossy is a public service campaign designed to help girls flex their leadership muscles while having fun do it. It was developed in partnership with the Girls Scout of the USA, Rachel Simmons (co-founder of the Girls Leadership Institute) and LeanIn.org. According to their website,
Girl Scouts
“When it comes to girls and ambition, the pattern is clear: girls are discouraged from leading. When a little boy asserts himself, he’s called a “leader.” Yet when a little girl does the same, she risks being branded “bossy”—a precursor to words like “aggressive,” “angry,” and “too ambitious” that plague strong female leaders. Calling girls bossy is one of many things we do to discourage them from leading. It’s no wonder that by middle school, girls are less interested in leadership roles than boys, a trend that continues into adulthood.”

The campaign provides leadership tips for girls, teachers, parents and Girl Scout leaders, to encourage confidence and leadership for young women. I thought this would be a wonderful lesson for Madeline’s Girl Scout troop. My two female co-workers (who also used to be in Girl Scouts) graciously offered to co-lead the meeting with me and talk to the girls about what it means to be a leader and how important it is to speak up and stand up for yourself and your friends.

Girl Scouts Silly
The meeting was a hit! We divided the girls into groups and had each of them act out different skits that allowed them to showcase different scenarios on being a leader and being a good friend. We talked to the girls about what it means to be “bossy” and that it is ok to be “the boss.” The girls loved hearing us talk to them about being the very best they can be and the importance of being confident young ladies.

One of the girls told us that sometimes people call her a “know it all” but that she really didn’t care. Awesome. That same girl told us later in the meeting that she wants to be President of the United States, and I’ve just learned from her mother that she has instituted a family newsletter with deadlines, assigned columns, etc. Even more awesome. Watch out world, this girl is going places!

As for Madeline, I know she is going places, too. My husband and I will continue to do our part to nurture her confidence, but I ask that the rest of you help us in the process. Please encourage Madeline and all young girls to dream big. A woman’s place is anywhere she wants it to be.

I encourage you to check out Ban Bossy and the below campaigns designed to encourage and inspire young women:

Meet Kathleen See

Posted on | by Ketner Group | 1 Comment on Meet Kathleen See

Hey y’all! I’m Kathleen See, the newest member of Ketner Group! The past few days have been such a whirlwind, but I’m so excited to hit the ground running with Ketner Group as an account executive. By the way, my coworkers are awesome, like “Let’s watch the World Cup together before your first day” awesome. I can already tell that I’m going to LOVE working with this multi-talented team! Everyone should be jealous they don’t get to work with this awesome, dynamic group of individuals.

I hail from Mississippi. Yes, I do own multiple pairs of shoes, and I even wear them some days. Saying that makes me think of the “Mississippi, Believe It” advertising campaign in 2008. The campaign was all about discrediting negative stereotypes about Mississippi and its people. I really enjoyed that campaign because it was so direct about addressing common stereotypes. Maybe that’s what triggered my passion for communications and advertising messages. You can see more about the campaign here.

In 2012, I graduated from Mississippi State University with a bachelor’s degree in Communication and an emphasis in public relations. Sorry to disappoint all you Longhorn fans, but I’m an SEC girl all the way. Plus, let’s be honest, that orange doesn’t look good on anyone.

Last Friday was my first day in Austin, so I’ve been running around like a chicken trying to get all my affairs in order and to see all the sights of Austin. Coming from Jackson, Miss., there is no comparison between activities and experiences to be had. Although I will say that Jackson has a lot going on this summer with the 50th anniversary of Freedom Summer. There are a lot of memorials and celebrations happening throughout the state this summer. If you’re looking for something to do with the family that has educational and historical significance that’s not too expensive, I highly recommend heading that way for a few of those this summer.

In my short 24 years, I’ve learned that the best way to experience a city is to eat your way through it, and I’ve come to realize that some of the best memories I have involve a meal, whether they be around a table enjoying one or in the kitchen creating one. That being said: all you foodies out there, comment below with places I should try in Austin.

Also I can already tell that I’m going to have to become more outdoorsy. That should be interesting. I’ll let you know how that one goes.

Fun facts are one of my weird things I love to know and learn. They hold no actual value other than for trivia night. Here are some fun facts about me and my quirks:

  • Before joining Ketner Group, I spent two years with the Mississippi Children’s Museum. I learned so much with them working in the non-profit and attraction fields. Working for the museum gave me such a unique perspective on integrating fun and education through the activity, exhibits and outreach programming messaging.
  • I don’t like sandwiches. It is few and far between where you will actually catch me eating a sandwich.
  • And I don’t eat peanut butter. I know I’m a statistical anomaly.
  • Being a Mississippi State fan, of course I own a cowbell, and I’ve gotten blisters from ringing it a little too excessively.
  • Reality television is my guilty pleasure. I’m not proud of it.
  • One of my biggest pet peeves is using shorthand in text messages, like ROFL, IMHO, so on and so forth. (Sorry, Mom and Dad, even when you do it.) I know that they are the best solutions to 140 character limits, but not in a text message.
  • Oxford commas make my skin crawl.
  • When I grow up, I want to be philanthropic and give back to the communities and organizations that have given me opportunities and shaped me into the person I am today.
  • Both of my parents are pilots, so I grew up going to airshows on weekends and during the summer. It was definitely not a normal family outing compared to the other family vacations my classmates would come back to school telling everyone about. Those hot, noisy days are some of my most treasured childhood memories.
  • I can write my name backwards and upside down.

I want to know what tips for navigating traffic, restaurants to try and things everyone living in Austin needs to know. I’m looking forward to your suggestions! I cannot wait to see what adventures Ketner Group and Austin have in store for me!

IRCE 2014 Recap: Top Stories from last week’s Retail Event in the Windy City

Posted on | by Ketner Group

As many of you in the retail realm know, the 2014 Internet Retailer Conference & Exhibition was held last week in Chicago. Ketner Group made the trip out to see what’s up in ecommerce, 3D imaging, mobile, web analytics, social shopping and personalization – and that’s only the beginning! With nearly 10,000 attendees showing up for the 10th anniversary of IRCE, you can only imagine the creativity and innovation walking the halls of the McCormick Center.

Among the top stories at IRCE were Amazon’s continued fulfillment center growth. A whole day of sessions was dedicated to exploring the e-commerce giant’s prowess and just how they’re making such big waves in e-retailing today. B2B ecommerce also took center stage at the conference, with sessions on key performance metrics all retailers should monitor, how B2B site design can boost sales, and how B2B markets can even sell directly to consumers. It was a great year to access retail’s best discussions on thought leadership and industry innovation!

Compare Metrics at IRCE 2014
Compare Metrics at IRCE 2014

Two of our clients, Compare Metrics and Shopatron, exhibited in the Expo Hall and created quite the buzz! Compare Metrics hosted a dress display that demonstrated the obvious disconnect between how shoppers interact with online retailers, and the limited merchandising attributes offered up by those retailers. Shoppers are using their own natural language to search for items online, and Compare Metrics is here to help retailers hone in on the “humanized” approach to a personalized and engaged online shopping experience. We also loved their little robots giveaways at the booth!

Shopatron at IRCE 2014
Shopatron at IRCE 2014

Shopatron, our cloud-based distributed order management client based in California, made a splash with the announcement of their freemium Inventory Lookup feature. Booth stoppers-by were able to meet with our California friends and learn about the actionable analytics retailers can benefit from, enabling improvements in in-store operations, stocking and merchandising by instantly connecting customers to local, available inventory – pretty cool stuff!

It was a great week in Chicago, and the people of the Windy City were so welcoming and kind! We met quite a few characters, and our Cowboy Cabbie stands out the most – what Texas folk wouldn’t have a soft spot for a Cowboy in a Cab! Check him out, he’s famous!

Catherine and Sara with the Cowboy Cabbie!
Catherine and Sara with the Cowboy Cabbie!

Thanks for a wonderful visit, Chicago! We’ll be seeing you again in 2015.

KG @ SXSWi 2014 – What’s Hot!

Posted on | by Ketner Group
Keynote speaker Austin Kleon speaks to the idea of “Scenius” during his session on creativity.

Spring is here in Austin, Texas, which means it’s that special time of year where we can all expect the lovely Texas sunshine to accompany us while we traipse around the Austin Convention Center during the annual South by Southwest Interactive Festival. Well, the sunshine hasn’t been quite as present as we would have liked, but even some rainy weather can’t put a damper (see what I did there?) on KG’s time at SXSW!

For the last six years, Ketner Group has had a presence at one of the top technology and innovation conferences in the world that takes place right in our own backyard. We saw it begin as a little seedling of an event, and then grow into the geek-meetup monster that it is today. Before I dive into the hottest topics covered at SXSW Interactive this year, check out these cool stats on the festival:

  • SXSW began as a music-only conference in 1987, but added in a vertical for techies in 1994, marking the beginning of the festival’s 20-year history in tech, innovation and communications as a vital role to the conference.
  • Past keynote speakers include Blake Mycoskie of TOMS Shoes, Mark Zuckerberg of Facebook, Elon Musk of SpaceX, and Mark Cuban, tech investor and current owner of the Dallas Mavericks NBA team. This year adds “Cosmos” host Neil deGrasse Tyson and Chelsea Clinton, daughter of President Bill Clinton and Senator Hilary Clinton.
  • The first SXSW had about 700 attendees, and this year the organization expects to see more than 70,000 techies, musicians and film buffs exploring the streets of Austin and probably enjoying more than a few breakfast tacos.

Along with the growing attendance of SXSW, new and exciting brands, startups, and entrepreneurs are venturing to Austin to showcase the latest and greatest ideas in the tech community worldwide. And speaking of worldwide, several nations have brought their top techies to the festival, with companies representing Germany, Ireland, Chile, Argentina, and the UK (to name just a few) hosting trade show booths and after-hour events, as well as sessions on innovation in their respective countries. Fun fact: Ireland was named the best startup ecosystem in Europe by Forbes magazine. So who knows, the next new neighbor in your office complex may have an endearing accent with a strange affinity for Guinness…

But I digress, let’s talk about the top three trends at SXSW this year:

Wearable Tech: Where is it Now, and Where is it Going?
Whether you’ve noticed it or not, wearable technology is beginning to grow more and more popular among the innovators and first adopters among us. It’s a term we’ve been reading about a lot lately it seems, but what actually constitutes a technology as “wearable”? A list of the most recognizable wearable tech accessories include smart watches, fitness tracking devices for the wrist or ankle, and of course the always controversial Google Glass. But many products that haven’t yet become mainstream, such as wearable tech accessories that range from audio sensors that connect everyday objects to Bluetooth enabled rings that act like wands at the end of our arms – yes, really! We’ll be digging in a little deeper on a follow up blog post, so don’t miss out on what’s coming in wearable tech!

Personalization: What’s Appreciated vs. What’s Creepy
Brands are arriving at a crossroad between giving the customer the ultimate, personalized experience and being just plain creepy. There’s a wealth of data out there, and businesses are beginning to utilize it to learn more about their individual customers in order to bring them exactly what they need and where there need at the right time. So how can brands approach personalization without going too far? One tip: Don’t be overt about why you’re offering the discount you are (“You normally eat lunch at noon, but we noticed you haven’t gone to your favorite sandwich shop yet – here’s a coupon for a $1 off if you stop by at 2 p.m.!”).  Check out KG’s PB&J blog in a couple weeks for a more in depth look at how to keep the “creepy” out of personalization.

Bitcoin: Why it’s the Next Mainstream Currency
Bitcoin is becoming more and more popular, but it’s still not very widely used and is commonly misunderstood. I’m one of the curious-but-cautious types regarding a virtual currency, as it’s a concept that seems too abstract to hold real value. But that’s just it – what does give any of our familiar currencies, paper, coin or virtual, any value in the economy? Value is all perceived and relevant in the marketplace that fluctuates from nation to nation – and a virtual currency works in the same way. Some say that because it’s more secure than credit cards, (again, yes, really) Bitcoin is worth a second look from the non-believers. We’re posting a comprehensive look at Bitcoin on the blog in the next few weeks, so stick around because Bitcoin seems to be doing just that!

Stay tuned for follow up blogs on these three topics, as each deserves their own dedicated, in-depth look so we’re all as well versed as our SXSW Interactive session leaders.

What other trends have you noticed at SXSW this year? Comment below – we’d love to hear from you!

Retail’s Reinvention: Back to the Future?

Posted on | by Jeff Ketner

I’ve been reading and thinking about retail innovation a lot lately, which is no surprise. After all, many of our clients here at Ketner Group are retail tech companies, and retailers have been reinventing themselves at a furious pace in recent years as they seek new ways to compete with Amazon.

One of the things that intrigued me is a recent Reuters article about Walmart’s “radical plan” to have its customers deliver packages to online buyers. The plans are still in the early stages, but as the article explains, “shoppers could tell the retailer where they live and sign up to drop off packages for online customers who live on their route back home,” in exchange for a discount on their Walmart purchases. The retail giant’s ability to crowdsource its deliveries could make same-day delivery a reality, giving Walmart a potent edge over Amazon.

Will this plan ever see the light of day? At this point, it sounds far-fetched. But as one retail pundit pointed out, at least Walmart is thinking of creative ways to reinvent retail.

An article by retail futurist Doug Stephens draws an intriguing picture of what this future might look like. Stephens says “retail, as we’ve known it for at least the last two millenia, is coming to an end…it’s very clear to me that we are coming to a tipping point and data, processing power and connectedness lie at the center of it all.”

In the next decade, Stephens argues, retail will completely shift from a focus on ­physical and digital destinations and storefronts, to a focus on consumers as the ultimate destination. Instead of consumers deciding which stores and e-commerce sites to visit, retail will in essence start coming to us.

For example, according to Stephens, let’s say I’m on a business trip and my mobile device alerts me my anniversary is coming up in two days. A digital shopping assistant then springs into action—and it knows my wife’s shopping preferences so well that it presents a list of personalized gift suggestions in seconds, pulling information from a number of available storefronts. It finds the best available offer (my wife’s favorite fragrance on sale at Norstrom with a special bonus gift), then makes the purchase and arranges for the most convenient pickup or delivery option. The whole process takes under a minute.

It’s an intriguing vision from Stephens (aka The Retail Prophet). And the future that he describes is already taking shape. After all, the very best retailers compete for our business by analyzing our preferences, understanding our shopping habits, and delivering highly personalized recommendations and offers, sometimes anticipating our wants and needs before we even know we have them. (Check out the chapter, “How Target Knows What You Want Before You Do,” in Charles Duhigg’s The Power of Habit for a fascinating account of how Target analyzes consumer data.)

With all these innovations, though, it seems to me that retailers are simply trying to recapture an era where individual store owners recognized their customers by name, knew their shopping preferences by heart, and conducted business as a series of highly individualized, one-to-one transactions. In earlier days, retail was a highly personal business, and merchant’s storefronts were focal points not just of commerce, but community. Did shoppers need something delivered to their home the same day? No problem, the store owner could arrange it. Did you almost forget your wife’s birthday? Luckily, your local retailer had a timely gift suggestion when you called in a last-minute panic.

So as retail reinvents itself, it’s really just trying to get back to its roots, seeking new ways to make large-scale, mass-market retailing more personal and intimate. Technology may be the enabler, but in the end, what retailers are really doing is going back to the future.