Showing posts with label pricing. Show all posts
Showing posts with label pricing. Show all posts

Sunday, December 15, 2013

15 Online Shopping Pet Peeves

via Practical Ecommerce http://www.practicalecommerce.com/articles/61536-15-Online-Shopping-Pet-Peeves

Being an avid online shopper, I buy from many ecommerce sites. Most of these sites are helpful and effective. But there are some that have annoying features.
Here are my top 15 pet peeves.

1. Slow Site

A site that is slow is a complete turn off. I switch to another site unless I need a specialized product that is only sold there. Slow, for me, is a page that takes more than three seconds to load. Unfortunately, based on a recent Marketing Land report, the average page load time for the top 2,000 U.S. retail sites is 7.25 seconds.
Make the home page and key landing pages faster to load to avoid losing customers.

2. No Support for Guest Checkout

It is important for retailers to identify shoppers and personalize their experiences, to increase the chances of closing a sale. But this should not be done at the cost of losing the customer by not offering guest checkout. Many sites still require shoppers to create accounts or log in using their Facebook accounts.
Allow guest checkout and offer an option to set up an account during the checkout process after the shopper has entered her shipping and billing information.

3. Incorrect Product Recommendations

Most retail sites have some sort of recommendations functionality — though the logic used to display these recommendations varies from site to site. It’s annoying when sites continue to recommend a product even after the product has been purchased. Some other sites base their recommendations on a shopper’s search terms, his browsing history or preferences. These recommendations are not always helpful.
The best way to avoid annoying shoppers with meaningless recommendations is to offer an option to indicate if the recommendation was useful or not. This can be done using a small icon overlaid on top of the recommended product’s image that asks the shopper if the recommendation was helpful.

4. Misleading Product Availability

Ecommerce sites sometimes allow a shopper to add a product to the cart and go through the complete check out process before displaying a warning about the product being “out of stock.”
This is annoying. If a product is not in stock, it should be displayed on the product page or before the product can be added to the cart.

5. Pricing Variations

Some of the omnichannel retailers that I shop with price the same product differently depending on whether it is online or in the physical store. I understand that the cost of carrying the product is different across channels. But these days when consumers use multiple channels, it is a must to offer consistent pricing for products regardless of the channel.

6. Complicated Use of Promotion Codes

Promotions are a popular way to attract shoppers to a site. But it is frustrating if the promotion code can be used only if rules or conditions are met. For instance, I have received promotion codes in emails and when I try them on the site, a message appears saying that this product is already on sale (so I cannot use the promotion code), or the promotion code is not yet active, or promotion code only works on a subset of products.
Promotion codes are helpful only if they are simple to use.

7. Product Page without Pricing

A brick-and-mortar store does not have products on shelves that are not available for sale. So it is frustrating to search for a product on-site and then find that it is not for sale.
If there is a product shown on the site, there has to be a way to purchase it.

8. Lack of Channel Integration

Consumers are becoming omnichannel shoppers. It is annoying when, for example, a product added to a cart using the mobile site does not show up in the desktop site. Or something purchased online cannot be returned in the store.
Omnichannel is here to stay and it is important to have a seamless integration across channels to avoid customer frustration.

9. Too Much Email

Unfortunately there are some sites that do not respect their shopper’s time and send multiple emails for product campaigns, news, product releases, and more. In some cases, the site does not even have an option for a customer to opt out of these emails.
Too much email is an easy way to lose shoppers.

10. Needing to Log In Repeatedly

Though I do not register or change passwords frequently, it is still annoying if a site asks me to log in when I have just registered or changed my password. It should be straightforward to authenticate a user based on the password that was just set up instead of introducing another step.

11. Not Secure

Most shoppers do not pay much attention to security features of a site. But a frequent online shopper will see the difference if your site does not support a strong password policy or allows credit card information to be transmitted without using SSL. A customer account can be easily hacked or a credit card can be misused if the site is not secure.

12. Browser Favoritism

Some retailers do not take the time to test their site on different browsers. They assume that if the site works on one browser, it will work the same way on others. I run into this frequently, as I am a Apple Safari user.
Retailers should review their analytics periodically to identify their visitors’ browsers and ensure that their site works on all of them.

13. Bad Customer Service

A good customer service team resolves issues quickly and ensures that telephone hold times are short. Sites that do not have such teams and policies struggle to retain customers.
This is an easy fix and should be a priority for all retailers.

14. Not Mobile Friendly

Some sites still do not function on mobile devices, or they partially function on such devices. I use my phone and tablet for the bulk of my online research and shopping. I much prefer sites that are mobile friendly.
Retailers have no excuse not to support a mobile friendly site, as there are several easy-to-use tools that can instantly convert a website to a mobile friendly version.

15. Third-party Payment Options Hosted on Another Site

Ecommerce sites often support different ways to pay for a purchase. Some of these payment methods take customers to a third-party site for checkout and leave them there. In some cases, there is no confirmation that the payment went through and the order was successful. The only option is to wait for the site to send an order confirmation email.

Tuesday, November 12, 2013

Mobile Commerce: More than Closing Transactions

Here’s a quick summary of mobile devices and their impact on commerce.
  • Mobile devices are ubiquitous.
  • More than 50 percent of Americans have a smartphone and that percentage is increasing.
  • Tablets are replacing desktops and laptops.
  • Tablets are a preferred platform for ecommerce transactions.
  • Smartphones are used more for research than actual purchases.
  • Apple iOS devices are the most heavily used devices for commerce.
  • People are becoming increasingly dependent on their smartphones — it’s the first and last thing many adults do every day.
When most ecommerce merchants think of mobile commerce, the first thing that comes to mind is closing transactions. But there are many other activities that are being done daily on mobile devices that may impact your future online business strategies.
Will all of them affect your revenue stream? That depends on the products you sell. As an example, for a long time online merchants benefitted from showrooming, the practice of using a smartphone to research products and do price comparisons while in a brick-and-mortar store. Ecommerce merchants could simply present a better price, free shipping, and possibly no tax and close a deal by being present in an organic search.
Today, it’s much harder to get seen in a mobile organic search because the volume of advertising is much higher. Brick-and-mortar retailers are fighting back by offering price matching and free shipping for out-of-stock items. Consumers also use shopping apps for comparison shopping as they showroom, making it more difficult for online retailers to be found.
This article introduces many mobile activities and applications that you should be aware of as you evaluate mobile strategies. I am an iPhone user and all the apps listed here are on the iOS platform. I am not recommending any of these apps — they are simply the first ones that appeared in different categories I searched on, which usually included dozens of similar apps.

Ecommerce

Let’s start with ecommerce. All online merchants should develop a mobile friendly store. There are several options to do this.
  • Responsive site. Adapts to virtually any device or screen size.
  • Mobile site template. Presents your store in a mobile-friendly manner.
  • Third-party hosted site. Manages your store and displays your product catalog as if it were part of your main domain.
Your mobile store should deliver a customer experience that is consistent with your desktop version. You should include the same product content, branding, ratings and reviews, pricing, search, and navigation. You may present some of content in a more mobile friendly way — like tabs for detailed information — but it’s important to offer all of your product content.
The Electrolux site displays on both desktop and mobile devices.
The Electrolux site displays on both desktop and mobile devices.
To be successful on mobile devices, include alternative methods of payment like PayPal to eliminate the need for your buyers to have to fumble around with credit cards while making a mobile purchase.
Mobile transaction currently account for about 10 percent of all commerce in the U.S. This number is expected to increase significantly over the next few years, led by sales on tablets.

Vertical Shopping Apps

Have you shopped for a new house, car, or apartment lately? There are many new apps that serve as a marketplace for those industries.
Apps like Zillow and Realtor.com reduce the need to have a real estate agent showing you properties. You can shop virtually or simply drive around town using your GPS to guide you to properties that meet your search criteria. Can you buy these online? Not currently. But they facilitate research, thus changing the role of a real estate agent. CarSoup is a similar app for finding automobiles.
Realtor.com mobile app.
Realtor.com mobile app.

Product Research

Product research is a popular mobile activity. Most adults use tablets or smartphones for some type of research before making a purchase. With showrooming, you do the research while in a physical store. Research could include looking for product details, alternatives, deals, and availability. Local stores, including large retailers like Home Depot, are finally presenting on their mobile sites product availability in those physical stores, eliminating driving all over town looking for an item. They also make it easy to order online and pick up your goods in the local store. This will have an impact on pure-play online retailers as they face more competitive pressure from physical stores.
Beyond obvious starting points like Google search, many consumers use blogs, other online retailers, brand websites, and catalog apps to research products. Here are a few product-research vehicles I found in a quick search.

Price Comparisons

In-store and online price comparisons are becoming standard for many product purchase decisions. Consumers can use tools like Google, Shopping.com, and Bing. Amazon and Ebay are good places to compare prices too.
There are also many apps that are popular with showroomers. These apps allow shoppers to scan a UPC code and receive a broad range of price comparisons among different retailers. Most link to the retailers’ sites, where shoppers complete the purchase. Many brick-and-mortar retailers will allow you to use these apps in real time to negotiate an in-store price match. Here are a few apps that support scanners and comparison tools.

Social Shopping

Many consumers like to share their shopping lists with family and friends. Many also want feedback on their purchases. Sites like Wanelo and Pinterest facilitate sharing of products and other ideas. There are also wish-list apps to save and share product ideas. Consider a wish list in your mobile site if you don’t already have one.

Email Marketing

A key mobile activity is reading emails on smartphones. Be sure your emails and landing pages are mobile friendly.

Flash Sales

Mobile devices are ideal for facilitating flash sales. Merchants can display a limited number of items and offer a quick checkout. Many new mobile apps and sites enable flash sales. Here are few that I found in a quick search.

Shopping Lists

Shopping lists on mobile devices are common. Many of them also offer coupons in the app. There are shopping lists that are specific for groceries. Others are more general. Many can be shared.

Coupons and Deals

Many shoppers look for deals. Daily deal sites like Groupon are well known. There are also many other specialized apps and sites that focus on more specific industries. Here are a few.

Payments

Apps like Square, PayPal Here, PaySimple, Intuit Go, and others make it possible to accept credit card payments by swiping on a dongle — i.e., a mini card scanner that plugs into a smartphone. These apps do not require a separate merchant account, payment gateway, or virtual terminal. Rates and fees are competitive with traditional point-of-sale solutions.
via Practical Ecommerce http://www.practicalecommerce.com/articles/60052-Mobile-Commerce-More-than-Closing-Transactions

Friday, November 1, 2013

The state of free shipping this holiday season

By FIONA SWERDLOW, HEAD OF RESEARCH, SHOP.ORG | Published: 

Be the first to comment | This entry was posted in Holidays, Marketing
2013Holiday_Blog_ShoporgWhen you think holiday, do you also think free shipping? Consumers value – often demand – free shipping this time of year, putting pressure on retailers to balance making the offer against maintaining profits. Free shipping offers are likely to ramp up quickly heading into the thick of the holiday shopping season: one-third of retailers surveyed expect to launch their first free holiday shipping offer sometime in November.
We dug into the Shop.org eHoliday 2013 Pre-Holiday Study conducted by Prosper Insights & Analytics to glean some insights into the state of free shipping for this holiday season.onethird-free-holiday-shipping
Consumers value more than just free shipping.  More than four out of five (85 percent) of online consumers say free shipping is very important or important, just ahead of factors such as flexible return policies and an easy-to-use website But when asked to choose the most important factor in deciding to shop with a particular retailer, 35 percent said sales or discounts, and almost as many focused on aspects of the merchandise, including selection (18 percent) and quality (14 percent). Free shipping and shipping promotions were the most important consideration for only 5 percent.
Retailers have invested in their free shipping programs this year… Retailers should think about how free shipping augments merchandise selection and quality to tip the scales so the customer completes the purchase. We were encouraged to see that approximately one-third of retailers we surveyed this summer were investing significantly in free shipping programs for holiday, both with and without conditions.
…And are testing several free shipping approaches. Nearly half (47 percent) of retailers surveyed expect to increase free shipping offers this holiday season, compared with just one-third last year. One in 10 plan to increase use of free returns shipping, while 13 percent expect to lower the minimum required to qualify for free shipping.
Retailers know they have to offer a mix of promotions across coupons and free shipping.Ultimately, retailers understand that many consumers remain concerned about the economy and will be looking for both coupons and free shipping to stretch their holiday budgets. Among the three promotions retailers plan to most heavily emphasize this holiday season: percentage-off coupons (45 percent), dollar-off coupons (29 percent) and free standard shipping with conditions (29 percent).
Find the right free-shipping threshold. Monetate advised retailers last year to not only test the right shipping thresholds, but also test where to place the threshold message on their sites, including the checkout process. Retailers should take the same mindset as we get deeper into the holiday season.
There’s plenty more data where this came from. Shop.org members can see the full Shop.org eHoliday 2013 Pre-Holiday Study results on the Shop.org site.

via Shop.org Blog http://blog.shop.org/2013/10/25/the-state-of-free-shipping-this-holiday-season/

Tuesday, September 17, 2013

6 Ecommerce Predictions for the 2013 Holidays

U.S. online sales are expected to exceed $61 billion in November and December, making the holiday shopping season vital to small and mid-sized retailers.
Six trends — ecommerce growth, mobile sales, an increased number of free shipping offers, early sales promotions, competitive pricing, and new competitors — could have an impact on holiday revenues.

1. U.S. Retail Ecommerce Sales Will Grow More than 15 Percent

Last week, trend monitoring firm eMarketer revised its holiday sales projections upwards and reported that it now expects 2013 U.S. retail ecommerce holiday season sales to grow about 15.1 percent to $61.8 billion, up from $53.7 billion in the 2012 holiday season and $46.6 billion in the 2011 holiday shopping season.
For the entire year, eMarketer expects U.S. retail ecommerce sales — excluding travel and ticket sales — to reach $262.3 billion, up 16.4 percent from 2012. On a quarter-by-quarter basis, U.S. retail ecommerce should grow about 15.5 percent in the fourth quarter to $83.2 billion, again according to eMarketer.
Separately, ecommerce platform provider Volusion predicted that global retail ecommerce sales for small and mid-sized businesses would grow about 20 percent. Although Volusion’s forecast and the eMarketer predictions are not based on the same sample or data, both may imply that relatively smaller retailers might enjoy greater sales growth than large retailers like Amazon, Best Buy, or Walmart.

2. 16 Percent of U.S. Online Sales Will Come From Mobile Devices

U.S. retail ecommerce sales from mobile devices should reach $9.8 billion in November and December of this year, accounting for 16 percent of ecommerce market, according to eMarketer data released September 5.
“Tablets are particularly significant for m-commerce sales growth,” eMarketer reported, adding that retail ecommerce sales from tablets should total $26 billion for 2013, accounting for some 62.5 percent of all mobile-based ecommerce sales. Growth in tablet-based online sales should top 87 percent.

3. Even More Retailers Will Offer Free Shipping

Many consumers have come to expect free shipping or at least free shipping with a minimum purchase. In fact, a UPS study conducted in May 2013 found that 68 percent of shoppers have recommended a particular online store to a friend simply because it offered free shipping.
Separately, Google reported that queries for the term “free shipping” surge early in the holiday shopping season, peaking on Cyber Monday.
In response to this sort of popularity with consumers, expect even more online and multi-channel retailers to offer free shipping options.

4. Promotions Will Start Sooner

“For the big shopping seasons, people are making their wish lists — and shopping lists — earlier than ever,” wrote Google sales managers Erin Dean, Jacalyn Stolt, and Nina Thatcher in an August 2013 article. “In July, nearly half of surveyed shoppers already had made plans for when to purchase their holiday gifts. Of those actively planning, 30 percent are expecting to start before Halloween.”
With shoppers eager to buy early, retailers are responding. A survey from personalization provider Baynote and The E-tailing Group found that 30 percent of retailers plan to start holiday 2013 promotions by October 1 this year, indicating that many stores want to capture early season sales.

5. Unfortunately Price Will Matter Even More

While many of the 2013 holiday shopping season predictions have been generally positive — more ecommerce sales, more mobile sales — it may also be the case that shoppers will, perhaps increasingly, use price to make buying decisions.
A Google Consumer Survey from July 2013 found that consumers are generally not loyal to a particular brand when shopping for gifts, with 40 percent of those surveyed saying that they simply look for the best price.
What’s more, finding the best price is getting a lot easier for holiday shoppers, who can check online marketplaces like Amazon, Rakuten, and Newegg; shopping price comparison sites, including Google Shopping, NexTag, PriceGrabber, and similar; and mobile price comparison applications.

6. More Competition for Small Sellers

Many brick-and-mortar retailers, including Walmart, missed second-quarter sales estimates this year, indicating, perhaps, that while ecommerce is growing, overall retail is not nearly as hot.
Potentially sluggish brick-and-mortar retail sales has motivated some small shop owners, who had been holding out, if you will, to begin selling online.
In addition to boutique stores coming online, better and easier-to-use ecommerce solutions from companies like Bigcommerce, Volusion, Shopify, and Magento are making it even easier to start a new ecommerce business.
As ecommerce revenue grows, so will the number of retailers trying to earn a share of those sales.

via Practical Ecommerce http://www.practicalecommerce.com/articles/58511-6-Ecommerce-Predictions-for-the-2013-Holidays

Wednesday, September 11, 2013

The Commerce EvRolution, Part 2: Channel Trends

AUGUST 30, 2013 • 

Editor’s note: This is “Part 2″ of a three-part series on how the mobile revolution is affecting ecommerce. “Part 1: Shopping Trends” we published previously.
In my previous article, I introduced the term “EvRolution,” where mobile devices and applications are revolutionizing commerce. Retailers are rapidly evolving their strategies and technologies to keep up with the shift in consumer shopping and buying.
This article will examine how global retailers, brand manufacturers, and pure-play online retailers are responding to the mobile consumer.

Global Retailers

This group includes businesses like Walmart, Target, Home Depot, Lowes, and Costco. These retailers have thousands of physical stores in many countries. They have highly sophisticated ecommerce sites with millions of SKUs. The term omnichannel — i.e., delivering a seamless experience regardless of where or how consumers interact with a company — is usually associated with these retailers. Here are some of the current trends within this enormous distribution channel.
  • In-store pickup. Consumers can order online and pick up merchandise at a local store. This addresses the need for speed and ensures a product is in stock before driving to the store, making consumers happy.
  • Free delivery. If a local store does not have an item in stock, retailers are offering free delivery to online shoppers, to reduce the chances of buying from a competitor. This is also frequently offered to brick-and-mortar shoppers when an item is out of stock.
  • Seamless inventory fulfillment. It used to be that a store would say it could order from another store and have it in a few days for a pickup. But consumers don’t really care where it comes from. They just want it quickly without any further actions required on their part. Nordstrom and other global retailers now simply offer online customers to have it shipped to a local store or directly to the customer’s residence. In Nordstrom’s case, it will actually ship from other stores to the consumer if the item is not available in a distribution center. This will soon be the norm.
  • Price matching in store. Best Buy is now offering price guarantees to reduce showrooming and intense price competition that is being caused by pre-purchase online research.
  • Omnichannel customer experience. Stores are striving to deliver a virtually identical experience regardless of a consumer’s touch point — in-store, online, mobile, via phone, or in kiosks. This usually means consistent messaging, pricing, descriptions, promotions, imagery, and so forth.
  • Virtual stores. Andy Hoar of Forrester Research recently described a store in Korea that has deployed a touch screen grocery in train stations. The inventory is presented like a physical grocery store isle on walls in the station. Consumers can shop in the virtual store and pick up their goods at their destination stop. Brands are experimenting with this concept in their physical stores as well.
  • Dynamic pricing. Many retailers are using dynamic pricing aggressively in their online operations, though this is not necessarily extended to their physical stores, yet. If you shop for a washing machine online, the price of that product likely fluctuates throughout the day retailers compete on pricing dynamically. I’ve spoken with pricing automation vendors who say that some products change price hundreds of times during the day on Amazon and other marketplaces. Daily price fluctuation also occurs in retailers’ own online stores.
  • In-store mobile merchandising. In the near future you could wander through a physical store and receive promotions on your mobile phone.
  • In-store checkout. Physical stores are aggressively adopting the use of tablets for checkout by their customer service representatives. In an Apple Store, you can check yourself out using its mobile shopping app. Look for more of this in the future, once stores address security. Grocery stores will likely not be far behind.
  • Adding marketplaces. Sears was among the first to add third-party products to its online store, creating a marketplace. Amazon has benefitted greatly from its marketplace, as revenue grew from $467 million to $4.172 billion in just four years.

Large Web-only Retailers

This channel includes Amazon, eBay, Rakuten.com (formerly Buy.com), TigerDirect.com, Fab, and other large online retailers. It also includes many smaller merchants that don’t have a physical store.
  • Opening physical stores. Web only retailers are opening physical stores. It’s happened mostly with brand manufacturers so far, but the pressures to be omnichannel are forcing web only retailers to rethink their strategies. Will Amazon open physical stores as it expands distribution to support same day delivery?
  • Same day delivery. This could be coming soon to larger cities. Order by 10 a.m. and have your package delivered by 5 p.m.. No need to visit the physical store. Look for Amazon to aggressively get into this space. Others could follow.
  • Adding marketplaces. Web-only stores are adding marketplaces.
  • Personalization. This also applies to global retailers, but web-only retailers began personalization. The concept is to know the demographics of your shoppers and where they come from. Then deliver a personalized experience that will result in a higher order value and conversions rate. Mine your data to offer the most likely sales to your customers and visitors.
  • Massively optimized. Web-only retailers invested in A/B and multivariate testing almost from the day they launched. They are always testing to optimize the customer experience to improve their sales and profits.
  • In-house brands. You’ll see more web only retailers adding in house brands to improve their margins. Fab and other similar high flyers could source more of their own items to improve profits.
  • Acquisitions. Many large retailers likely will acquire niche, web-only companies. Amazon once again is leading the charge in this area.

Brand Manufacturers

Brand manufacturers are seeing the highest online revenue growth of any channel. According to Forrester Research from a Shop.org 2011 study, this sector saw 40 percent annual growth in online sales in 2011. They have gotten over the fear of competing with their channel partners. For most, selling in their own branded physical and online stores in addition to their distribution channels is almost a given. These manufacturers include Nike, Apple, Levi’s, Adidas, AT&T, and TaylorMade.
A new ATT store in Chicago features lifestyle categories and digital point of sale iPads for different apps and devices.
A new AT&T store in Chicago features lifestyle categories and point-of-sale iPads. Photo by the author.
Many of these companies are following the Apple lead and repositioning themselves as lifestyle brands. I visited a new AT&T store in Chicago recently and hardly knew I was in a mobile phone outlet. This presumably helps AT&T differentiate the shopping experience in its physical stores from its distribution partners. In most cases, pricing from manufacturers’ physical locations is full list price — no discounts. An exception I’ve see to this is TaylorMade, the golf company. I regularly receive 10-to-20 percent discount offers on new, current models directly from the company.
Here are some other likely trends from manufacturers.
  • More physical stores. More brands will open physical stores. It allows for direct interaction and feedback from customers. It’s also high margin sales for them, so they can afford the investment.
  • Experimentation. I was recently in a Nike store that offers custom made shoes that are assembled while you are in the store. The shoes can have custom bottoms, tops, laces, stitching, logos, and more.
  • Social media and social selling. Brands are the ones investing the most in social media. They are building up Facebook Fans, Tweeting, creating Pinterest Boards, and using Instagram. These are proven tools to create awareness, get customer feedback, and initiate viral marketing through key influencers.
  • Kids’ play area. Almost every store has a kids’ play area with touch screen computers and actual products for kids to interact with. The area is likely monitored to see what the kids are drawn to. Hence, appeal to the kids because it’s fun and do research at the same time.
  • Lifestyle branding. Big brands are learning from the Apple marketing model. “It’s not a computer, it’s Apple and it makes your life better.” The new AT&T store is modeled around departments like “Family Life” for home security and “HVAC” for your mobile device — rather than the devices themselves.
Nike store featuring a “custom build it” shoe category as well as a kids computer play area.
Nike store featuring a “custom build it” shoe category as well as a kids computer play area. Photo by the author.

New Channels

New channels are being created because of mobile devices and related technologies. Payment tools like Square turn any smartphone into a payment system for only 2.75 percent of the transaction: No more merchant accounts, delays in payment, or onerous credit card statements to understand.
Mobile apps allow restaurants to further develop their take out or delivery businesses. The list goes on.
  • Popup and mobile stores. Buy a trailer, set up merchandise, and go to a show. It’s never been easier to move goods around. We will likely see a Renaissance in physical marketplaces. Look at all the upscale mobile restaurants launching in major cities. No more day-old burritos in foil. They make them fresh in their mobile kitchen.
  • Virtual stores. I previously mentioned the used of touch screens to create virtual stores. Think of an isle in a store that is represented digitally rather than with physical products. Companies could offer this for certain categories rather than stocking slow-moving inventory. You’ll have the same experience you do online — product descriptions, reviews, zoom images, alternative images, and videos — only it will be online in a store, or in a train station or a lobby of an office building
  • Kiosks. Kiosks have already made a huge impact in malls. Expect them to take even more advantage of the virtual store concept and expand the products they offer.
There are rapid changes occurring in all the various channels. Smaller online merchants will need to adapt too. In “Part 3,” I will examine that in more detail.