eRetail Association Newsletter
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Welcome to the March e-newsletter from the International eRetail Association & eRetailNews.In this month's newsletter:
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MARCH MADNESS - SAVE, SAVE, SAVE! |
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FEATURE STORY
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Press stories of dotcom failures abound. It is tough to pick up a
newspaper these days without reading about the latest in a string of
dotcom failures. Does this mean that pure-play online retailing (or
etailing) is dead? Unlikely. What it means is that market realities
have set in and etailers must reconsider their strategies for
survival and growth. In a remarkable parallel to the hit TV show,
Survivor, alliances are likely to play a big factor in determining
who goes and who stays. There is no doubt etailers have had a tough
time over the past six months. 2000 saw a number of major brick and
mortar retailers getting their online act together and beginning to
compete effectively with pure-play companies.
The dominance of traditional retailers in the online world is after all, hardly surprising; traditional retailers have a number of advantages over their etailing cousins: Brand recognition Merchandising expertise Physical presence Established infrastructure Established vendor relationships The ability to provide in-store services (e.g. pickups and returns) Meanwhile, many etailers have seen much of their initial advantage eroded as they have struggled to implement advanced distribution facilities that were never envisaged in those early business plans. Compounding this problem were unrealistic expectations of market penetration, which failed to take into account the noise in the market caused by so many competitors. Although some etailers still have the advantage of a broader assortment, they are often no longer able to offer a price advantage over their click and mortar rivals. One of the biggest problems for etailers has been their inability to create recognizable brand identities. Without a strong brand, it is difficult for shoppers to personally identify with a particular store. The result - brand switching on a massive scale. For etailers, the most crucial question is: What is our survival strategy? Read more online. |
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RetailTekWeb.com offer |
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Have you seen the new online retail technology directory?
RetailTekWeb.com is a great place to find information on leading
retail technologies.
If you have a product you would like to list in the directory, you can get 10% off your listing fee during March by using the following discount code: "NL10" |
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NEWS SNIPPETS |
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BroadVision
Powers Pitney Bowes Integrated Web Portal
Ritzcamera.Com Becomes The Premier E-Commerce Provider For Shutterport.Com MessageMedia Partners with Veripost to Offer E-mail Change of Address Services Kewill's Enterprise-based Technology To be Used in FedEx's Ship Manager Solutions Overton's selects ecometry to power its multi-channel retail operation Tomax and Oracle Deliver Web-based Solution for Retailers Commission Junction revises its merchant agreement for affiliate management Kewill Systems has added same-day shipping service compliance functionality to its Kewill.Net solutions RetailExchange.com will be providing online escrow services through Pitney Bowes. http:// PlanetRx is referring customers to drugstore.com after announcing it will close its virtual doors. REI's online business reported sales of $92 million in 2000. GroceryStreet.com attempts to define an online grocery business with a difference. NetRadio offers digital downloads of music, DVD and VHS movies, video games, as well as music CDs and cassettes. CyberRebate.com is extending its online shopping discounts to wireless customers. Albertson's joins the Meals.com network, offering customers a range of Meals.com services. Ashford.com will acquire the online watch retailer Watchnetwork.com. The acquisition is expected to expand Ashford.com's direct relationships with leading watch brands. AddSomeSpice.com officially launched its new lingerie, intimate apparel and novelty store. The NPD Group, Inc. has launched a new Internet initiative making marketing information available to business decision-makers via the Web. PartsAmerica.com is partnering with traditional retailers to offer local offline pickup and returns. SmarterKids.com has unveiled its enhanced "My Kid's Store," a personalized store that was created based on the individual education needs of a specific child. digiMine services are being used by Nordstrom.com to enhance the online shopping experience. Using Preview Systems Inc.'s electronic software distribution platform, Amazon.com is now offering its customers software downloads. SonyStyle.com uses a new personalized recommendation service to guide shoppers to products that meet their needs. WinesPlus.com offers many of the 2,800 wineries nationwide an e-commerce solution for customers to order their products, while the wineries control the fulfillment. SmarterKids.com and Homeroom.com have created an alliance under which SmarterKids.com will provide Homeroom.com access to specific products aligned to Homeroom's specific database of skills. |
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advertisement |
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Getting truly independent advice on retail technology selection projects is critical to achieving the maximum return on investment. Unfortunately, finding unbiased experienced consultants that have nothing to gain by recommending one solution over another is increasingly difficult in the retail industry. Fortunately, there is one consulting company that is dedicated to providing the best, unbiased advice available. BizBrick provides top quality retail technology consulting backed by a 100% client satisfaction guarantee. |
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PURE PLAY VS MULTI-CHANNEL PERSPECTIVES |
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The 2001-2
eRetail Report looks at Internet retailing from two
perspectives. First, the CEO of drugstore.com considers the future
of pure-play eRetailers and drugstore.com in particular. Secondly we
look behind the scenes at phobo.com, the company that was created by
Ritz Camera to develop its eRetail sites. As an experienced offline
retailer, Ritz Camera encouraged phobo.com to build an eRetail
architecture that leveraged Ritz's investment in legacy technology
and provided an e-commerce environment to support multiple eRetail
markets. Finally we examine a tool for merchandising in the world of
outlet (off-price) retailing.
This report is now available online for $15 for a limited time. That's over 69% off the regular non-subscriber rate of $49. |
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eRETAIL CONFERENCE DISCOUNTS |
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eRetail Association members receive discounts to the following events:
(Don't miss my presentation at eTail Solutions on Mar 26th - "Hunters and Gatherers in an Online World") CALL FOR SPEAKERS: DOTCOM ASIA would like to hear from potential speakers at this international conference and exhibition on e-commerce. If you are interested in speaking at the conference, please use this link for more information: http://www.eretailnews.com/conferences/speakers.htm |
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Become a Content Partner |
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If you would like to write an article to be published
by eRetailNews on our website and/or in this
newsletter, ask me about becoming a content partner.
As a content partner you can achieve great visibility
for your business. Drop me an email to find out more.
If you enjoyed reading this newsletter, please forward it to a friend. |
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Be happy,
Nigel Fenwick :)
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LEGAL NOTICE |
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Please forward this email freely:
This newsletter may be freely forwarded via email provided it is sent in its entirety. NOTE: use of this newsletter as part of a broadcast mail service or SPAM is expressly forbidden. To publish excerpts on a website, please use the HTML version from our website and include a link back to the full text at www.eretailnews.com. "The WOW Factor!", "eRetailNews", "RetailTekWeb", "eRetail+", "eRetail Scorecard", "eRetail Research", "eRetail Association" and "International eRetail Association" are servicemarks or trademarks of eRetailNews, Inc. Copyright: 2001 eRetailNews, Inc. Please credit any references. Legal notice. While eRetailNews, Inc. and its agents use their best efforts in collecting and preparing the information published herein, eRetailNews does not assume, and hereby disclaims, any liability for any loss or damage caused by errors or omissions, whether such errors or omissions resulted from negligence, accident or other causes. |
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