Ecommerce KPI Benchmarks (October 2016)

Store Growers

Source: Monetate Ecommerce Quarterly (Q2 2016). Source: Monetate Ecommerce Quarterly (Q2 2016). Source: Monetate Ecommerce Quarterly (Q2 2016). The post Ecommerce KPI Benchmarks (October 2016) appeared first on Store Growers. I use a lot of ecommerce benchmarks in my work. With new clients, they are great to put together a plan with projections. With existing clients, they are great to see where we need to step up our game.

Predicting the Holidays: Analyzing Competitor Holiday Trends

Wiser

E-commerce sales revenue for the 2016 holiday season is expected to reach almost $95 billion. While there is no guarantee that these pricing strategies will be repeated for the 2016 holiday shopping season, you now have a view of what you might expect from these retailers in the coming weeks. Now let’s look at a similar date range for this year: August 29, 2016 through November 6, 2016. This post was originally published on the Quad Analytix blog.

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Price and Prejudice: Putting a Price Tag on Brand Value

Wiser

*Originally published on the Quad Analytix Blog. FLASH SALE! PRICES SO LOW, WE CAN’T ADVERTISE THEM! With Black Friday and the holiday shopping season fast approaching, promotional copy like the above will soon be splashed across ecommerce sites all over the web. Holiday sales, doorbusters, and loss-leaders will lure customers looking for presents for their loved ones (or maybe themselves), and sales outlets large and small are scrambling to get an edge on their competitors.

Shades of Gray: MAP Avoidance Tricks, Gray Market Sellers, and How to Beat Them

Wiser

*Originally published on the Quad Analytix Blog. Resellers often want to offer products at competitive prices, and for good reason. Being the low price leader is a quick way to see an uptick in sales. But this can come at a steep cost down the line for their brand value and that of their suppliers. True or not, low cost is often conflated with low quality, and a reseller that focuses on low pricing risks damaging their reputation.

How To Double Your Revenue With Google Shopping Custom Labels

Store Growers

High costs are a problem that plague most advertising campaigns. A lot of the store owners I speak to, tell me that they could easily plow more money into more and bigger ad campaigns. But they don’t because of these high acquisition costs. That’s pretty sobering because they know advertising can grow their business, they’re just not sure on how to take make it work. This is true regardless of platform or campaign type. So Google Shopping suffers from this as well.

How To Skyrocket Sales With Google Shopping

Store Growers

Data from the Digital Marketing Q3 2016 report by Merkle. Google Shopping currently is the most profitable advertising channel for most of my ecommerce clients. That’s because of two reasons: 1. Low CPCs. Clicks on Google Shopping are a lot cheaper compared to click on text ads. It’s not uncommon to still pay $0.25 for product queries while you would easily pay $0.6 with regular text ads. High Purchase Intent.

Why I Keep My Failed Ecommerce Business Alive

Store Growers

When you start working on a new idea, it’s always a ton of fun. You’ve got a clean slate, nothing to hold you back and you’re free to pursue any bold idea you can dream up. This freedom fuels your passion and drives you to make your dreams a reality. Your brain helps with something called confirmation bias. That means that you look for facts that match your ideas or plans, and ignore the ones that don’t. This is a double edged sword.

Google Analytics Spam Removal Guide

Store Growers

If you run your business by the numbers, you need to be able to trust them 100%. But one look at your Google Analytics reports will show you that that’s easier said than done. On any given day you’ll see tens to hundreds of visits from all kinds of strange places. These aren’t real visitors, it’s Google Analytics spam and it has become a big problem over the last few years.

How To Keep Your CPCs Sane (Holiday Edition)

Store Growers

The holiday season always shows up earlier than you’d like it to. All those to-dos that kept getting postponed, till we’re here, on the verge of the busiest time of the year for most stores. And while it’s too late to make drastic changes, there are still things you can do to get the most out of this years holiday sales. Here are a couple of ideas: A Santa hat on your logo might be funny, but if you’re short on time, focus on things that will move the needle.

La Maison Simons wins Supply Chain Innovation Award

Retalon

The Paper Store wins Retail Innovation Award Retalon Predictive Analytics 19 June, 2017 "/> Retail Planning: The Perils of Using Last Year as Your Baseline Retalon Predictive Analytics 19 September, 2016 "/> La Maison Simons wins Supply Chain Innovation Award Retalon Predictive Analytics 26 August, 2016 "/> Improve Key KPIs & Meet Yearly Goals with Predictive Analytics Retalon Predictive Analytics 13 September, 2015 "/>.

Retail Planning: The Perils of Using Last Year as Your Baseline

Retalon

The Paper Store wins Retail Innovation Award Retalon Predictive Analytics 19 June, 2017 "/> Retail Planning: The Perils of Using Last Year as Your Baseline Retalon Predictive Analytics 19 September, 2016 "/> La Maison Simons wins Supply Chain Innovation Award Retalon Predictive Analytics 26 August, 2016 "/> Improve Key KPIs & Meet Yearly Goals with Predictive Analytics Retalon Predictive Analytics 13 September, 2015 "/>.

Retail Planning: The Perils of Using Last Year as Your Baseline

Retalon

5 Ways Predictive Analytics Help Retailers on Mother’s Day Retalon Predictive Analytics 28 May, 2018 "/> Avoid Inventory Imbalances by Leveraging Retail Predictive Analytics Retalon Predictive Analytics 13 February, 2018 "/> The Paper Store Wins Retail Innovation Award Retalon Predictive Analytics 19 June, 2017 "/> Retail Planning: The Perils of Using Last Year as Your Baseline Retalon Predictive Analytics 19 September, 2016 "/>.

Retail Planning: The Perils of Using Last Year as Your Baseline

Retalon

Written by Jeff Coull, Director of Professional Services at Retalon. We’ve all heard the retail cliche, “we need to do it differently.” Yet year after year, organizations plan to do the exact same thing as before. Slight hyperbole, I know, but using last year (LY) actuals as your baseline for creating this year (TY) plans is doing just that. Most organizations are creating financial plans that mirror their successes and, more importantly, their failures from the prior year.

La Maison Simons wins Supply Chain Innovation Award

Retalon

We’re proud of our customer, La Maison Simons, for winning Retail Council of Canada’s “Supply Chain Innovation” Award. The award was presented for an initiative Retalon has had the pleasure to work on along with La Maison Simons called: “Synchronizing the Supply Chain to Support Growth & Expansion in an Omni-Channel Environment”.

Demand Forecasting

Retalon

The post Demand Forecasting appeared first on Retalon. Solutions

32

Micro-Merchandising

Retalon

The post Micro-Merchandising appeared first on Retalon. Solutions

32

Safety Stock Optimizer

Retalon

The post Safety Stock Optimizer appeared first on Retalon. Solutions

32

How To Skyrocket Sales With Google Shopping

Store Growers

Data from the Digital Marketing Q3 2016 report by Merkle. Google Shopping currently is the most profitable advertising channel for most of my ecommerce clients. That’s because of two reasons: 1. Low CPCs. Clicks on Google Shopping are a lot cheaper compared to click on text ads. It’s not uncommon to still pay $0.25 for product queries while you would easily pay $0.6 with regular text ads. High Purchase Intent.

Comment on Subscribe!! by Jake

Re-Tales

Awesome

40

Comment on 19 WAYS TO SPOT A FAKE CHINESE RESTAURANT by Gal Yellowstone

Re-Tales

Crabtree@yellowstoneresearch.org Rangoon is made with cream cheese, not mayonnaise. Both disgusting of course. And why is a Vietnamese couple advising on the authenticity of American pseudo-Chinese restaurants anyway

40

Google Analytics Spam Removal Guide

Store Growers

If you run your business by the numbers, you need to be able to trust them 100%. But one look at your Google Analytics reports will show you that that’s easier said than done. On any given day you’ll see tens to hundreds of visits from all kinds of strange places. These aren’t real visitors, it’s Google Analytics spam and it has become a big problem over the last few years.

How To Double Your Revenue With Google Shopping Custom Labels

Store Growers

High costs are a problem that plague most advertising campaigns. A lot of the store owners I speak to, tell me that they could easily plow more money into more and bigger ad campaigns. But they don’t because of these high acquisition costs. That’s pretty sobering because they know advertising can grow their business, they’re just not sure on how to take make it work. This is true regardless of platform or campaign type. So Google Shopping suffers from this as well.

How To Keep Your CPCs Sane (Holiday Edition)

Store Growers

The holiday season always shows up earlier than you’d like it to. All those to-dos that kept getting postponed, till we’re here, on the verge of the busiest time of the year for most stores. And while it’s too late to make drastic changes, there are still things you can do to get the most out of this years holiday sales. Here are a couple of ideas: A Santa hat on your logo might be funny, but if you’re short on time, focus on things that will move the needle.

Comment on More Retailers Closing on Thanksgiving This Year by Anonymous

Re-Tales

Back when I had a “real job” I refused to go to any store on a major holiday! It’s just not right to make people work when they should be with their families. It’s un-American & anti family. Unfortunately, it’s big business, and the party that claims to be the most “Christian” is the party that only cares about THE BOTTOM LINE

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Comment on People Are Pissed About Starbucks’ New Rewards Program by Cid Young

Re-Tales

Last fall I downloed the 7-Eleven App that gives you a free coffee after 7 purchased. (Or Or is it the seventh is Free?). They also will even scan your phone for refills that are $1.25 for a very large. The First purchse of that size is $1.95 so I figure I am saving money either way, over Starbucks… and their coffee doesn’t suck. Far from trendy, but decent

40

Comment on People Are Pissed About Starbucks’ New Rewards Program by RetailGuy

Re-Tales

In reply to Cid Young. I’m sure the coffee probably tastes as good as Starbucks anyway

40

Comment on 20 Of The Dumbest Things Bosses Have Caught Their Employees Doing. You’re Fired! by Connie McKee

Re-Tales

Firing some lady in deli for eating a piece of chicken. Poor lady was probably hungry

40

Comment on 18 Customers Reveal The Rudest Thing A Salesperson Has Ever Said To Them. by RetailGuy

Re-Tales

In reply to Cid Young. And condoms, for that matter…

40

Comment on 18 Customers Reveal The Rudest Thing A Salesperson Has Ever Said To Them. by Cid Young

Re-Tales

A manager explaind to a person at the photo counter that the Company policy would not allow him to open the customer’s watch to change the batery for him. Irrate, the customer loudly complained “Why not, you sell watches don’t you?” ” to which the Manager replied “Yes sir, and we also sell toilet paper ”

JCB sees online sales in Europe increase by more than 300% from 2016 to 2019, as online spending among cardmembers boom

Retail Technology Review

has seen impressive growth in virtual spending with European retailers from its Asian cardmember base, with online sales growing by more than 300% across the continent between 2016 and 2019. JCB International Co., the international operations subsidiary of JCB Co., Internet Retailing Retail Supply Chain Data Capture

28

VF Corp names Kevin Bailey global brand president of Vans

Retail Dive

Bailey was president of the brand from 2009 to 2016 — a time when revenue grew to over $2 billion

70

Retailers add 7.5% fewer seasonal jobs than last year: report

Retail Dive

The October and November 2021 figures were the lowest for the retail sector since 2016, according to Challenger, Gray and Christmas

78

Holiday hiring in retail dropped 7%

Retail Dive

New analysis from Challenger, Gray & Christmas shows seasonal jobs fell to their lowest levels since 2016 as COVID-19 surged once again

62

Bark CFO to step down

Retail Dive

John Toth, who joined the company in 2016 and helped it go public via SPAC in June, will continue in the role until a successor is named

73

Burberry names new CEO

Inside Retail

Akeroyd has served at Versace as CEO since June 2016, helping the brand reorganise and accelerate its growth. Prior to Versace, he was CEO at Alexander McQueen from 2004 to 2016.

Trivago fined $44.7 million for misleading travellers

Inside Retail

Between December 2016 and September 2019, the company admitted to receiving $58 million in cost-per-click fees from offers that weren’t the cheapest choice available for a given hotel. Online travel booking company Trivago has been ordered to pay $44.7

VIDEO: How streetwear unicorn StockX keeps one step ahead of customers

Inside Retail

The Detroit-based platform first launched in 2016 as an online marketplace and now sells into more than 200 countries and territories.

Telstra names new CEO

Inside Retail

Brady joined the company in 2016 and has worked in a range of roles across finance, commercial and strategy before moving to leadership positions.

TWG parent V3 Group to launch Hong Kong IPO

Inside Retail

In 2016, Sim privatised the company, delisting from the exchange. V3 Group – the Singapore-headquartered parent of TWG Tea and Osim – is set to launch an IPO in Hong Kong, according to regulatory filings quoted by the Business Times.

Scottish convenience group takes a new name and plans expansion

Talking Retail

The group, which originally launched its Greens fascia in 2016, has appointed a new head of retail, David Bateman, This story continues at Scottish convenience group takes a new name and plans expansion. Scottish-based convenience group Eros is re-naming itself Greens Retail next month.

Co-op members raise £100 million for local communities, causes and charity partners

Retail Times

83

U.K. Retail Sales Increase in June

VMS

retailers are reporting their strongest seasonal sales in June since November 2016, according to Drapers. After a generally gloomy 2021 so far, the sun finally shone for retailers in June, with seasonal sales volumes the strongest since November 2016.

Haribo unveils £4m Tangfastics TV campaign

Talking Retail

Trade marketing manager for Haribo Claire James, said: “This is the first time we have focused on Tangfastics in an advert since 2016. “As. Haribo has launched a £4m TV campaign for its Tangfastics variant.