Digital Merchandizing with James and Jacquie

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The Art of Digital Merchandizing

James Ingold & Jacquie Scarlett

Agenda

! The past and future of merchandizing ! Merchandizing strategies

! Infusing brand into XQ ! Reporting and informed merchandizing

! Merchandizing and omnichannel experiences

Merchandizing is… Making a visual connection between what you’re selling and what a customer needs and wants.

Merchandizing Through The Ages

Merchandizing Through the Ages

Merchandizing Through the Ages

Merchandizing Through the Ages

Merchandizing for Today

Merchandizing for Today’s Consumers

People prepare for important purchases

Merchandizing for Today’s Consumers

Personalization, Customization

Merchandizing for Today’s Consumers

Digital Natives use Digital Spaces In June 2012, Forrester Research forecasted U.S. mobile commerce to hit $10 billion this year.

The Challenge

! Shoppers Collect the Facts ! Personalization, Customization ! Digital Natives want Digital Spaces

The Response: Digital Merchandizing

What is XQ?

Merchandizing Strategies: Putting them to practice through XQ

Neatness

Neatness

Neatness

Neatness

Neatness

Product Grouping

Product Grouping

Product Grouping

Product Grouping

Product Grouping

Related Items

Related Items

Tailoring Displays to Customers

Tailoring Displays to Customers

Feature New Products and Sale Items

Feature New Products and Sale Items

Feature New Products and Sale Items

Feature New Products and Sale Items

Size Restrictions

Size Restrictions

Size Restrictions

Size Restrictions

Infuse Your Own Style

Infuse Your Own Style

Branding

Reporting and Informed Merchandizing

RQ4 Reporting

RQ4 Reporting

What is Omnichannel?

Omnichannel retail aims to offer a seamless retail experience across shopping channels:

! In-store

! Internet ! Mobile

Omnichannel

Omnichannel

Tips for Omnichannel Merchandizing ! Have a consistent message and branding across

channels, but…

! Know – and cater to – the different demographics that may be users of different channels

! Understand that some messages are more effectively communicated in certain mediums

What's the ROI on Time Spent Merchandizing?

What's the ROI on Time Spent Merchandizing?

:(

If you spend time with your content, people will spend time in your store;

If they spend more time your store, they will buy more.

What's the ROI on Time Spent Merchandizing?

“The amount of time a shopper spends in a store (assuming he is shopping, not waiting in line) is an important factor in determining how much he will buy. Over and over again, our studies have shown a direct relationship between those numbers.”

Paco Underhill, Envirosell

A Digital Merchandize Manager should: ! Be aware of new product trends ! Understand target demographics and strategies

to reach them through merchandizing

! Have a keen awareness of branding and marketing

Key Concepts

! Focus on a goal ! Get creative

! Test, Test, Test ! Use the metrics

! Provide a consistent message across channels

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