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InternetRetailing launches its “Inspiration Index”

I posted this on Internet Retailing – please do vote if you’re in retail or ecommerce

Vote now! Internet Retailing’s “Inspiration Index”

We’re pleased to launch today our “Inspiration Index“. Speaking with senior etailers we’re struck by the attention they pay to competitor and peer activity, continually seeking new ideas, better ways and cunning angles to improve their multichannel activity.

What do we mean by ‘inspiration’?

We’re focusing on those moments of admiration, enjoyment and – frankly – envy: when we look at another retailer’s activities and wish we’d thought of that first, had implemented as well, or have an open regard for a difficult problem elegantly overcome.

We decided not to go down a company or ‘awards’ approach since these tend to favour the established large players or the shiny new ones – in reality we’ve found that people covet the delivery capabilities of one, the design elements of another and the promotional campaigns of yet others.

There are six ‘dimensions’ to the Inspiration Index:

  1. Moments of brilliance and delight
  2. Customer experience
  3. Operations and IT
  4. Merchandising
  5. Marketing
  6. Strategy

How will it work?

Every other month we’ll ask our readers and members of the LinkedIn group to undertake a short survey on ONE of the dimensions. We’ll then cover the results in the coming edition of the magazine.

Over time we’ll build a picture of inspiration in internet retailing.

Best of all the winners will know that they’ve been nominated and rated by their professional peers — this is not a PR-led or sponsorship-driven activity: you can’t buy or promote prominence — it’s a question of whether you inspire others!

We’re really pleased to be partnering with eDigital Research on this. We’ve worked with them a great deal in the past and we welcome their support as a research partner on this project, helping shape the questionnaire and analysing the results.

I hope that you’ll make the time to take the survey and we’re really excited to see the results!

More in the March issue of Internet Retailing, and of course on the portal.

Here’s the link to the survey: https://ecustomeropinions.com/survey/survey.php?sid=986312169

Vote Now!

About eDigitalResearch

eDigitalResearch is a leading provider of digital market research, enabling customers’ to make critical business decisions with the benefit of comprehensive consumer insight and informed direction. eDigitalResearch possesses a unique combination of research expertise, marketing background, web technology and knowledge of the cross-channel consumer. As well as providing invaluable research data, the modules of its fully integrated research system — ratings, surveys, panels and forums — can combine to provide holistic analytics and essential market-leading insight. This gives our clients the power, confidence and backup to make crucial decisions on key aspects of their business including product range, marketing, customer service, supply chain, even basic positioning.

Upcoming speaking in Manchester and Brighton [Digital Shorts – Retail, Recession and Emerging Trends]

For the last couple of years I’ve presented at the “Digital Shorts” events in Manchester and sometimes Leeds (but this year ‘and Brighton’).

The events – organised by Econsultancy and regional partners – are an opportunity for digital marketers and ecommerce folk to meet for drinks and discussion based around a review of the Christmas/2008 trading and predictions of emerging trends.

2 years ago I said we were in denial about a recession; last year we covered social media platforms and rich media; while this year we’re going on a data journey where data + social + behaviour + exchange leads towards epiphenomena. Or ‘magic’ (since, as Arthur C Clarke said in 1961: “Any sufficiently advanced technology is indistinguishable from magic”).

If you’re going to be in Manchester let me know since I think we’ll ‘do dinner’ afterwards, while in Brighton it’ll just be beers and the late night train home!

Details of the events are on the Econsultancy shiny new website:

Manchester Digital Shorts, 4 February 2009

Brighton Digital Shorts, 11 February 2009.

Updates and echo-locating via Brightkite.

Digital Shorts – Retail, Christmas, Recession and Emerging Trends for 2009 | Econsultancy

 

Recent speaking: ACSEL in Paris and eConsultancy in London

It’s been a busy time on the speaking front of late.

I started the week in Paris speaking at the ACSEL event on social media in eCommerce and then in London for the inaugural eConsultancy.com Alumni evening. Slides from both evenings are available on Slideshare by following the links to the blog posts.

In the next couple of weeks I have planned speeches at Digital Shorts in Manchester and in Brighton, all developing the themes of data, interaction and behavioural profile – from APML to Epiphenomena.

If you’re around ping me and let’s connect: either via www.twitter.com/ianjindal or via Brightkite.

Slides from the Digital Shorts evenings will be posted on ianjindal.com once given.

Econsultancy | eCommerce Manager, Austin Reed Group

eCommerce Manager, Austin Reed Group
Econsultancy | eCommerce Manager, Austin Reed Group

I’m looking for an eCommerce Manager to join Austin Reed Group (one of my clients) at a very exciting time of growth in their online channel.

The role’s been brought forward since the Group eCommerce Manager’s about to go on maternity leave so this is an opportunity both to establish this role and deputise for the duration of the maternity leave. It’s a very visible role in the group with strong Board and executive interest and support.

There’s a new, whizzy ecommerce platform being ‘enlivened’ in February so this role will have appropriate tools to support marketing and merchandising iniatives.

This is a career-defining opportunity for an ambitious ecommerce retail professional to make a mark in a time of growth and change.

The job advert has details on how to apply but if you’d like an informal chat please either call/mail if we already know each other or send me your details via LinkedIn.

AR will consider structuring the role as interim/contract – just let them know in your covering email.

zapposinsights.com – monetising the lessons of success

zapposinsights.com

Well well – this is a fun idea. Zappos, a US$ 1 billion etailer that’s done for shoes what Amazon did for books, has created a ‘club’ for the “Fortune One Million” group.

The club, c$40 a month membership, is a mix of video content, happy-clappy employee indoctrination videos and general bigging-up of the company culture. It’s all very ‘can do’ (and more importantly ‘have done’).

In addition there’re knowledge base articles, interviews with key staff and execs, and opportunities to post questions.

Although a little ‘American’ at times, it’s an interesting approach from a company that clearly believes in values of staff and customer engagement, delivering great service and in sharing insights. After all, it’s one thing to be given an insight, but an entirely more difficult thing to interpret and then implement the requirements of that insight.

Having worked for years in best practice publishing, training and indeed the structured, state-supported business development sector (with Business Link for London, formerly Europe’s largest enterprise support agency) this initiative is to be welcomed.

That they’re clearly going to monetise the One Million is simply an elegant example of that commercial spirit 😉

Please let me know your experiences if you join.

e-Consultancy and cScape’s 2009 Customer Engagement Survey

The third annual cScape/e-consultancy survey on Customer Engagement has been published, and it’s one of the biggest samples to date.

You can see the press release and e-consultancy’s version, but you should also mosey over to cScape’s Customer Engagement Unit to see Richard Sedley’s introduction and to request a ‘designed’ version of the report 😉 You can also flick through the report via the Issu embedded pdf.

My small contribution was piece on Sustaining Profitability in a Challenging Retail Climate, and it’s therefore a pity to see that only 51% of the sample are focusing more on customers as a result of the downturn/recession.

An interesting report and certainly food for thought as marketers in particular think through how they’ll make their targets next year – surely a ruthless focus on converting “purchasers” to “customers” and sustaining meaningful commercial relations will come to the top of the list?

Interviewed on SkyNews about “Mega Monday” or Cyber Monday

So, then, to 4 Millbank to be interviewed on the 7pm SkyNews bulletin about CyberMonday (or, being British, “Mega Monday”).

Appearing on SkyNews at 7pm
Appearing on SkyNews at 7pm

I was called this afternoon to ask if I’d be willing to appear and comment and of course the answer was ‘yes’. Then I started to feel nervous!

I don’t recall much about the interview itself – I was in a dark room, staring at a focus point and desperately listening to the question so that I didn’t burble. Intentionally, anyway.

Up earlier had been David Walmsley, Head of Direct at John Lewis, and as I’d arrived in the studio I’d thought how composed and fluid he was on TV. I decided to become more nervous immediately 😉

The studio was intriguing: not quite a ‘radio car’, but certainly a compact and lean operation, mainly focused on political happenings at nearby Parliament.

The Millbank studio for Sky News
The Millbank studio for Sky News

I’ve not been able to track down a ‘recording’ of what I said, but my intention was to cover off how the predictions for Mega Monday were tending toward the blindingly obvious, and how even a scrooge-like consumer was now running out of shopping days to Christmas. Behind the headline figures of revenues (predicted, btw, by IMRG to be £320m today, with Retail Decisions predicting that Mega Minute will be 1.31pm today, with an expected near £1m in transactions that minute), the real issue is that revenues this year will have been bought by discounting. In order to have a higher cash value of transactions than last year, therefore, retailers will need to ship proportionally more boxes – creating an additional strain on their logistics operations as well as reducing their margins even further.

Pressed on the reason for the success of the web I recall mentioning that the web was now a mature component within multichannel retail. The web is used by some 90% of people questioned in an IMRG survey to help decide on purchases made in-store. Interestingly, only 68% of those questioned said the reverse – that they needed to see goods in-store to inform their internet purchasing.

I was asked whether there was anything fundamental to the web that would make it an inherently ‘cheap’ channel, but of course there’s a need to have a capable infrastructure as well, ideally, as a traditional retail channel in order to maximise sales. I challenged the draw of the web as being “cheapness” alone, noting that customers now required service as much as price. In the US on CyberMonday, for example, nearly 11% of all shopping traffic went to Amazon.com – a combination of breadth of product, excellent pricing and exemplary, proven service.

In what seemed like an age or a second it was over and, with a polite ‘thank you’ from the producer, I was back on the scooter heading home.

The kids were pleased to see me on telly (ahh) and I’ve already had abusive texts about being fat/nervous/bearded etc – to which I just say “thanks” 😉

This is a picture of me on the telly taken with Vicky's iPhone - I'm just blinking, not falling into a trance. Honest.
This is a picture of me on the telly taken by Vicky with her iPhone - I'm just blinking, not falling into a trance. Honest.

It was an interesting experience and something out of the comfort zone. It was also a chance to get some key messages to a new audience and finally whet my appetite to enliven our plans for InternetRetailing TV. We did some experiments at our conference – see the embed below –  but I think that it’s time to be a bit more active on this front.

Jobs: Sales Manager and European Editors for Internet Retailing

We have a vacancy for a sales manager at Internet Retailing (the magazine, portal and conference for the UK’s multichannel and pure-play etailers). This is an exciting time for IR – our third annual conference was a great success and the mag and portal continue to grow in terms of critical acclaim (from a demanding, professional readership), revenues and scale.

With new events, supplements, v/pod-casts, goodness-knows-what-else, AND French and German editions of the newsletters and portals, it’s a manic and exciting time at IR Towers, and we now have three vacancies just waiting for the right people to join us.

We’re looking for:

  • Sales Manager – based in London, excellent base, unlimited commission, at the heart of a fun and expert supplier community. We’re looking for someone used to B2B, reputation-based selling who’s great with clients and not a “sales tosser” (ie talks like an estate agent, always yakking on about “closing”, pretending to discount/’do a deal’, and generally leaving civilised people aghast at their poor manners, short-termism and ignorance).
  • Country Editor, France and Country Editor, Germany – to launch the French/German-language portals and bi-weekly newsletters in, er, France and Germany respectively. You’ll be commercial, an analytical journalist, with sector experience (ie this isn’t just academic, you need to understand ecommerce and retailing) with a desire to make a name for yourself in the sector. You’ll be mother-tongue fluent, of course, and also speak excellent English so that we can chat. You’ll represent IR at the highest levels in-country, build on the basis of the European eCommerce Forum, and work as part of an unformal, slightly mad, collegiate team.

I have job descriptions, further info, a keen-ness to chat – let me know if you’re interested or push good people in this direction. Don’t be shy 🙂 Mail me for further info.

Tour of Westfield London and thoughts on retail/etail.

Westfield London is one of my new clients and so it was a pleasure to get to visit and a guided wander with Sarah Lukins.

The first impression – other than the sheer scale of the place as I approached – was of friendly, helpful staff. The car park attendants were lovely – and it’s really pleasing to see a free motorbike parking policy in place. Very civilised.

The car park tickets are also fun, with rub-off panels so you can remember where you left your car! This is useful since there’s a vast amount of parking (as well as signposting to which park for which shops).

westfield-parking-ticket
westfield-parking-ticket

The fit-out of the centre’s of a high quality – reminded me of the luxury malls in Hong Kong. Good flooring, variations in textures and colours of materials, as well as a good variety of shop frontages and eye-lines. The quantity of shopping is numbing – there’s so much that people will develop their own favourite ‘areas’ – much like people will shop certain streets in London. That gives you an idea of the size of the endeavour as well as a subtle success in creating zones of homogeneity and focus.

There were a number of new (to me, anyway) brands, as well as retailers clearly taking steps to broaden their reach. I was gutted that the MOST exciting new store – Beard Papa’s – was not yet open. Totally distraught, but I’ve made a mental note to go back as soon as it’s open. You can see the range of shops on the directory.

I was there from 2pm on a Friday and the place was packed. Circulation seemed good though with only Nando’s having a sizeable queue. Santa’s posh grotto had a busy gathering but seemed to be moving quickly. I couldn’t tell whether people were shopping actively (lots of bags) or just shuffling – no one’s offered to give me any facts I can publish 😉

Visiting the House of Fraser store was wonderful and uplifting with a good dose of ‘retail theatre’. HOF is approach Selfridges-like level of display in some sections – Menswear, Women’s Accessories and bags in particular. Made me sad that Selfridges had not gone for an anchor store there.

I thought of this on Saturday as I shuffled through John Lewis (my mission: tights for the girls and a new steam iron). The crowds were shuffling and suffocating, the christmas decorations an annoying taunt that the crowds would only get worse and the queues at the checkouts (with the world’s nicest and most patient staff, it must be said) were mission-defeating.

In the space of two days I had reason to ponder both why I love ecommerce (no queues, ease, information, access) and why I love some shops (retail ‘theatre’, presentation, stimulus, service, knowledgeable advice). Westfield’s combination of good shops (not just rent-a-mall clones), personal and helpful service, retail theatre and a pretty painless parking/access experience bodes well. The aim must be to blend the best of retail and etail – with the additional benefits of a ‘programmable’ set of spaces (from cinema through to public event zones). In difficult trading times the hope for continued retail success has got to be a characterful blend of the best of all worlds.

I’m now officially allowed a week off from shopping to concentrate on selling!