Saturday, January 15, 2011

The National Retail Federation (NRF) publishes great articles.

Here is an excerpt from Retail's BIG Blog January 12/11 posting "Not on Facebook? Here’s why you should be" by Margaret Case Little, Communication Manager.

Margaret interviewed Bernie Brennan to get his views on social media and mobility as a retail game changer. With a recently published best-selling book on the significant opportunities that retailers have to build market share by amplifying their culture and strategy through these new digital channels, Bernie’s insights into this component of the evolving industry are worth a read.

"In your book, “Branded!: How Retailers Engage Consumers with Social Media and Mobility”, you write about retailers who are successfully implementing social media and mobility strategies. What made you want to write the book?

We believe that the rapid emergence of the “digital era” represents the most dynamic change in the relationship between retailers and consumers in the history of retail. Because this paradigm change is so dramatic, the degree of implementation on the part of retailers varies substantially. We were encouraged by industry leaders as well as executives of NRF to write a book directed to the executive leadership of retailers, as opposed to a technical book.
What are the three most innovative social media tactics you’ve seen utilized recently?

Frankly, there are many, and new initiatives are being implemented almost daily. To answer your question specifically, here are three compelling initiatives:

1. Commerce on Facebook. This enables customers to be interactive, discussing planned purchases, while they shop online. There are three proactive retailers: 1-800-Flowers.com was the pioneer, Best Buy, and JCPenney, who are executing this strategy and are featured in Branded!

2. Localization is a compelling strategy that relates to dealing with customer needs on a local level. Now with the use of social media networks and location-based mobility, the retailer can truly serve individual stores’ local needs. Macy’s and Best Buy are leaders in this initiative.

3. Effective use of Twitter. Success of Twitter is based on a company’s open culture, and hiring, empowering, and inspiriting associates to be ambassadors of the company. Zappos is the industry leader in the social media channel."

We invite you to read the balance of Margaret's NRF blog posting.

TheNowMall.com is a locally-focused sales, marketing and distribution network enabling retailers and restaurants to offer 1-Hour Personal Shopping & Delivery as an additional channel for consumers to purchase their favorite products online.

Please let us know if you'd like us to publish more of similar retail-oriented articles on TheNowMall.com blog.

Happy Shopping !

Gail

Friday, January 14, 2011

Aspirational Shoppers

Are you "Aspirational" ?!  "Aspirational" shoppers -- consumers who have fancy tastes but cannot afford the most expensive items -- are feeling more confident.

"Rich shoppers have recovered far more quickly from the recession than middle and lower income consumers, and are hitting stores in droves to snap up cashmere sweaters, designer dresses and diamond necklaces at stores like Saks Fifth Avenue and Neiman Marcus" according to this Reuters article

"Upscale retailers have had the extra benefit of catering to a clientele willing and able to pay full price, unlike middle-of-the-road chains like J.C. Penney Co and Liz Claiborne's Lucky Brands stores, which still have to watch their prices."


Whether you're Aspirational or just feel inspired to shop but find it hard to get out, if you live in Aventura, FL, you can shop online for retail, groceries and restaurant meals (including Food Court yummies) and get 1-Hour personal shopping and delivery via http://aventuranowmall.com/

Tuesday, December 14, 2010

Aventura Mall - One Hour In-Store Shopping and Delivery

Aventura Mall and area stores and restaurants (including the Food Court) are now offering you in-store shopping and delivery within one hour. 

Relax at home and browse products and prices online at AventuraNOWmall.com.  Your order will be assembled and delivered usually within 30 to 45 minutes by our CyberValet Shopper team.  Pay at your door with cash, credit cards or PayPal.

Most stores are distributing FREE Delivery passes at their cashier stations - so get several and pass them along to friends and neighbors.

Hungry?  Order for delivery from Ocean Prime restaurant via AventuraNOWmall.com.  You'll enjoy their delicous meals at your home or office without the need to get in your car.  Bon appetit !

Please let us know your comments on http://www.facebook.com/TheNowMall



Cheers !

Gail

Saturday, August 14, 2010

It's A Long Way Back From The Abyss - How To Save Your Shopping Mall

The government ‘Retail Sales’ stats chart (below) tells the overall industry story – actually, it’s worse if you adjust for 12.6% core retail sales currently being diverted from the malls in 2010 via online shopping.  And this online sales drain is projected to grow to 35% by 2020 - who will be left in the malls then?

Given all things, shopping malls have a huge hill to climb.  Truly an industry visionary is needed to turn the tide.... and it literally means 'thinking outside the box'.


Shopping malls are essentially big boxes built beside major vehicle traffic byways and highways and contain (hopefully) all your favorite stores and restaurants...or at least enough to cause you to get out of your easy chair, into your car (on on the bus) and make your way through the traffic and the parking lots to see what's new...and buy something.

Your other choice to shop is online...and that's what is so scary for owners and developers of shopping malls.  The trickle of online shopping in 1998 has turned into a torrent in 2010 - and soon will become a raging tsunami by 2020.  What does this mean for malls?  It means they need to find new ways to lure shoppers into their big boxes - and not just for entertainment - the bottom line for mall owners is on-site retail store sales.

Retailers are happy if you buy in-store and/or online - either way is a sale to their head office.  But only in-store purchases benefit the malls.

Retailers are busily upgrading their e-commerce sites to respond to burgeoning interest in shopping online. Problem is - 30% of all online purchases are returned.  Big cost to retailers and big hassle for customers.  No, it's not a savings to the retailer (or convenient for the customer) to have to go to the store to return the online purchase - although the retailer hopes you will (so you will buy something else while you're there).

How can malls make shopping more convenient, fun, hassle-free and relevant for you - the consumer?  Glad you asked!

What if you could browse local stores online and decide what you want to buy - then place your order online and get it delivered within 30 to 45 minutes (or whenever else you specified) instead of 3 to 10 days?  What if it cost you less delivered this way than if you went to the store yourself to get it?

That's the basis of our ROOF (Rapid Online Order Fulfillment) program now being rolled out across the country by http://www.thenowmall.com/ in partnership with shopping mall owners as a new way to increase in-store sales while accommodating online shoppers.  Participating malls and stores will be distributing FREE Delivery Passes and many will be offering Customer Delivery Discounts + Online Passes you can print and redeem in-store for special deals.

We'll soon be announcing the "ROOF" mall locations via Twitter and on this blog as well as our website

You can help get your mall to offer ROOF faster - email your request to We Want ROOF NOW!  Tell us the name of your mall (including city and state).  We'll let you know their scheduled Opening Day.

Register yourself on TheNowMall.com as a Member (it's FREE to join) in your local Area.  We'll send you updates by email about Opening Day of ROOF in your local mall plus a VIP invitation to Opening Day Festivities!  Bonus for Members: When ROOF opens in your mall, you can transition to Advantage Membership that includes a 10% discount on all items you order for delivery via TheNowMall.com site PLUS you can choose your Favorite CyberValet Shoppers.  Membership has its privileges.

Together, we can save your favorite mall from the abyss and your neighborhood store owners will love you for it - including Grocers, Pharmacies, Retailers, Restaurants and Fast Food outlets.

And we promise our CyberValet Shopper Team will look after your local shopping needs with tender loving care - guaranteed!

Cheers !

Gail

Monday, July 5, 2010

Shopping Centers Can Offset Double-Dip Recession With ROOF (Rapid Online Order Fulfillment)

Here's how Shopping Centers can offset the Double-Dip recession with ROOF (Rapid Online Order Fulfillment)....

We continually mention the effect on mall sales by the rapidly growing number of “Internet-Savvy” Shoppers (76.3% of the population) because they are such an obvious problem (12.6% mall sales loss in 2010; growing to 32.6% by 2020), while ROOF (Rapid Online Order Fulfillment) is such an obvious solution (25% mall sales gain - 100% guaranteed). 

Offering your customers our turnkey ROOF service with 1-Hour in-store shopping and delivery from any retailer and restaurant in your mall is a major competitive advantage to attract time-starved, convenience-oriented, cost-conscious consumers.  Especially when you distribute the ROOF FREE Delivery passes throughout your malls.

HOWEVER:

We have 4 other major constituents beyond “Internet-Savvy” Shoppers who comprise the full 25% sales gain, including: “Mobility Challenged” Shoppers (60% of population); “Convenience” Shoppers (80% of population); “Bulky Item” Shoppers (almost everyone) and “Extended Reach” Shoppers (everyone outside your normal trading areas).

Our concern, due to this economy, is we may not have emphasized the value of these other constituents enough – particularly “Extended Reach” Shoppers.

The current general anxiety about a possible “Double-Dip” Recession would, beyond the obvious immediate negative effect on mall sales, also extensively lengthen the recovery period.

Therefore, we reach into our “Kit-Bag” and pull out the “Extended Reach” Shoppers as a strong solution to this problem for Regional Shopping Centers.

A well-documented strategy to increase sales in a recession is to aggressively steal sales from your competitors. (Article)

ROOF is the Regional Mall's “Secret Weapon” allowing you to easily reach beyond your regular trading areas to attract customers and sales from competing regional malls and their tenants who now use “distance” to shield them from you.

It’s a wide open “Turkey-Shoot” for you, a marketing match-up that Regional Mall management can’t lose.

The other 4 ROOF shopper groups listed above also offer unique marketing and growth opportunities; most importantly, “Extensive Community Goodwill”.

With all these new constituents, there is a lot we can do together.

Given we start now, based on 3 to 4 weeks to prepare for your first mall's ROOF launch, we would be ready for "Back To School" shoppers.  Then, we would open your second round of malls before Thanksgiving to take advantage of the huge year-end holiday shopping season.

Looking forward to working with you and your Team.

Gail