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Why Direct to Consumer Brands Struggle with Profitability

Indigo 9 Digital

By Tricia McKinnon Over the past decade direct-to-consumer businesses have popped up in nearly every corner of the retail sector. From mattresses sold by Casper to prescription eyeglasses from Warby Parker ambitious founders have taken a page from Amazon’s playbook hoping to sell goods directly to consumers online.

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10 Things You Need to Know About the Jordan Brand’s Success & Growth

Indigo 9 Digital

By Tricia McKinnon It’s hard to walk down the street without seeing the everlasting impact of Michael Jordan’s legacy. In 2016 Mike Parker, former CEO of Nike, pledged to make the Jordan Brand a $4.5 Nike has made a move over the last several years to grow its direct-to-consumer business. billion brand by 2022.

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How Nike is Using Mobile Apps to Significantly Increase Sales

Indigo 9 Digital

By Tricia McKinnon Is Nike losing its world domination? For example, in 2016 Adidas’ market share in the United States was 6.8% In 2016 it hired its first chief digital officer and in 2017 Nike launched an initiative called the Consumer Direct Offense. Not a chance. and by 2017 it increased to 10.3%

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15 Facts You Need to Know About StockX the Billion Dollar Resale Platform

Indigo 9 Digital

By Tricia McKinnon The resale market is one of the fastest growing segments of retail. One of the reasons it has grown so fast is that platforms like StockX make it easy for consumers to put up their coveted merchandise for sale in a secure and transparent manner. Do you like this content? Sellers are charged at 9.5%

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Oatly’s Strategy, 5 Reasons it Has Taken Off

Indigo 9 Digital

By Tricia McKinnon Do you believe it’s possible to become an overnight success? Its oat milk landed in coffee shops in the United States in 2016 and by 2018 its was so popular there were shortages of it across the United States. This approach also led to product discovery amongst consumers in a more organic way.

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Allbirds’ Strategy, 5 Reasons Behind its Fast Growth

Indigo 9 Digital

By Tricia McKinnon If you went back in time to a decade or so ago and someone told you that they want to make a pair of sneakers out of the same wool your grandma uses to make your Christmas sweaters you would have thought, that’s a terrible idea. But that’s exactly what Allbirds did when it launched its Wool Runner sneaker in 2016.

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Forever 21: 4 Reasons it Failed & Filed for Bankruptcy

Indigo 9 Digital

By Tricia McKinnon Forever 21 used to be top of mind for teens and twenty somethings but then things slowly began to change. Not only are these retailers fast to market with their trendy designs they are also skilled eCommerce operators. The expansion was planned even though Forever 21’s sales were flat in 2016.