Just four months since launching its first ecommerce site, Shane Bradley’s ShopHQ has sold half of the company to The Warehouse.
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According to Nielsen research, 54 percent of Kiwis aged over 18 years are now shopping online, an increase from 38 percent of New Zealanders five years ago, with New Zealanders spending $3.7 billion in the last 12 months.
Nielsen’s latest figures on online shopping show more Kiwis are clicking to buy. And from holographic retail assistants to interactive zombie gaming to mobile apps that allow users to purchase items via QR codes, retailers and marketers are donning their digital thinking caps to find the most creative ways to lure and retain customer attention in the colliding world of bricks, mortar and online retailing. Deirdre Robert shops on.
The Shopping Channel has had a pretty rough ride since it launched with great, Eva Longoria-inspired fanfare last year. But it’s still alive—albeit much leaner, in a different location and with a modified focus.
Westpac did it last year at 79 Queen St, and BNZ has followed suit with its own ‘concept store’ across the road at 80 Queen St.
Space Studio has given Rembrandt and 3 Wise Men’s retail flagship stores a smart, modern twist in an effort to save bewildered men from shopping trauma.
After a competitive pitch, Contagion has been chosen as the full creative and media partner for New Zealand’s largest shoe retailer, Number One Shoes.
The Briscoes lady—AKA Tammy Wells—has been invading New Zealand’s living rooms and mailboxes for almost a quarter of a century and, after thousands of ads about massive savings and red hot sales, the ‘You’ll never by better’ slogan has been well and truly etched into the nation’s consciousness. And this week the Kiwi retailer marked a significant milestone as it celebrated 150 years of business. PLUS: some classic old ads.
It’s pretty tough out there in retail at the moment, with the internet affecting bricks and mortar and economic malaise affecting everyone. But there are plenty of savvy retailers making it work and a couple of international retail gurus—Jon Bird, IdeaWorks’ chief executive based in Sydney, and UK retail expert Martin Butler—are visiting next week to share some of their secrets.
Shopper marketing is very du jour at the moment. And, given the importance of the last stages of the purchase cycle, rightly so. But James Hurman thinks it works better when the strategic thinking is done inside the customer experience.
The results of a survey into value perceptions of some of New Zealand’s leading brands were released yesterday at Westfield’s Retail Breakfast Seminar in Auckland. And Pak ‘N’ Save was deemed to be the best value brand in the country, followed by TradeMe, Bunnings and Mitre 10.
Negative commentary tends to flow freely in this industry and typically anonymous commentors are pretty quick to put the boot in on the comment wall if they don’t like something—or have an axe to grind. Unfortunately, praise for good work is always less forthcoming, but if a story about a new campaign is well-read and only has a few comments, it generally means readers are digging it. That seems to be the case for JWT’s just-released reality advertising campaign for PlaceMakers and while the agency rubs its hands with glee about that one, it has also recently sent another nice piece of work for Ford into the wild: a retail campaign that pokes fun at retail campaigns.
Apparently retail is dead. Online shopping is destroying it and, if you believe the hype,all the malls will soon be full of tumble-weeds. Due to constantly improving and sophisticated e-commerce, e-tailers like Amazon, or little online ‘stores’ set up and run through TradeMe it would seem that consumers have very little incentive to shop at brick and mortar stores any more. The social aspects of shopping are now being attacked by start-ups like Svpply. And group buying and the tipping point theory are still there as well. So why are the malls are not empty yet?
The printing presses may be slowing down across the board, but online channels are starting to take up some of that slack. And, in an effort to capitalise on the mobile and online momentum and make it easier for retailers to get their wares in front of modern shoppers, Reachmedia has released the next version of its catalogue viewing platform, which effectively takes catalogues, resizes them and publishes them in a Facebook environment and on mobile apps.
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There’s been a bit of green-fingered, grow-your-own food renaissance around the developed world in recent years, to the point where the approximately $600 million New Zealand gardening market is one of the few retail sectors currently moving in the right direction. To help those numbers keep growing, Hotfoot and Tangible Media have chucked a bit of fertiliser on the Nurserymen and Gardeners Industry Association and launched a one-year long Go Gardening campaign that aims to get more Kiwis in the garden.
Paymark figures show the country is already reaping the benefits of extra Rugby World Cup spending, with a surge in transactions even before the opening ceremony.
In the extremely competitive grocery game, market share is king. And a minor change equates to millions of dollars in gained or lost revenue. Progressive Enterprises, which operates 158 Countdown, Foodtown and Woolworths supermarkets around the country, had been losing share to its main rival Foodstuffs since 2007. So something had to be done. And to do it, it had to take some big risks and break an age old grocery paradigm.
The attraction of lower prices, convenience and broader product ranges is swelling the ranks of Kiwi consumers choosing to shop online, both locally and on international websites. And, according to a report on the Australian and New Zealand online shopping market published by PriceWaterhouseCoopers and Frost & Sullivan, almost half of the New Zealand population will do just that in 2011, with each shopper spending an average of almost $1,400.
If there is one ‘new wave’ trend engaging retailers and businesses at the moment, it’s the burgeoning pool of knowledge, insight and digital tools that shoppers are now drawing on to shop smarter and save more. And while it’s often claimed New Zealand is 12 to 18 months behind global trends, it was staggering to learn at the recent eTail Conference in Palm Springs that retailers in the USA have more like a three to five year lead on their Kiwi counterparts.
Despite the prevalence of screens in our lives, just two percent of retailers use digital signage to promote their wares. Enter n.gage, a conference in Auckland on 31 May that aims to educate marketers in the dark but increasingly important arts of retail digital signage.
It’s about time we faced up to reality. We have a burgeoning digital signage industry in Australia and New Zealand that’s set to become part of a $2 billion global industry, but there are a great many confused brands and retailers. Recent Trans-Tasman research conducted by n.gage has uncovered 71 percent of brands and retailers are willing to look at digital signage models if they can understand the return on investment. However, a staggering 86 percent felt trans Tasman digital signage companies, on the whole, were not addressing digital signage from a holistic business viewpoint. So just how do we help these brands and retailers assess the role of digital signage at retail?
The retail sector’s troubles over the past few years have been well-documented, but there’s one thing the New Zealand Retailers Association is particularly excited about: its National Conference, which will feature two distinguished international keynote speakers, a who’s who of local retail boffins and even the team from Rugby World Cup 2011.
As we all know, it’s the thought that counts. But that really doesn’t matter at all if it’s a crap thought. As such, the amount of cash you splash is what counts in these consumerist days. And Kiwis’ Christmas shopping habits have been unwrapped (geddit?) in a new survey that has discovered stuff you probably already knew.
With less than a month until Christmas the festive retail market could best be described as challenging. The latest consumer confidence survey by ANZ – Roy Morgan suggests most consumers remain cautious about their spending plans this festive season. And, despite personal tax cuts, 38 percent of those surveyed in November said they were worse off financially than a year ago. So now, more than ever, it is essential that our advertising and marketing is effective.
With Kiwi consumers increasingly heading online to do their buying, Loyalty New Zealand has added another five e-tailers to its Fly Buys e-stores list, which brings the total to 23 after the service was launched late last year.
The third quarter ad revenue results for the major television broadcasters were released not long ago and showed things were slowly moving back to the level of the glory days. At the time, we couldn’t get hold of New Zealand Television Broadcaster’s Council chief exec Rick Friesen, but he called back and, while he wasn’t able to discuss results of specific broadcasters, he was able to shed some light on a few interesting sectoral trends.
Not Rick Friesen
How does $15,000 of free advertising from the New Zealand Herald and Easy Mix 98.2 sound? Pretty good if you’re the Prenzel Shop in Botany, which snatched the winners loot after beating out 121 other finalists at the 2010 TOP SHOP Retail Excellence Awards. The Prenzel Shop, which retails New Zealand made foods and liqueurs, was described by the judges as “a store that compels you to buy things you never dreamed you needed”.
DDB has nabbed a host of new (and some old) talent for its retail department, with ex DDBer Mark Lorrigan returning to the mothership and teaming up with Jordan Sky in the newly-created role of joint head of retail positions, and three more newbies adding some firepower to the arsenal.
The first phase of the search for Christchurch’s top retailers has just drawn to a close, with entries for the Top Shop awards up 11 percent on the 2008 edition.
42BELOW is the latest company to jump on the augmented reality bandwagon with a new point of sale project it’s calling Fat-boy. And spokeshuman Jacob Pearson says the vodka gang is pretty proud of its new toy.