In baseball we often see a batter "take a pitch." In other words, before the ball is thrown the batter decides he's not going to swing regardless of how good the pitch is. Sometimes this is a tactic to tire his competition--the pitcher--out. Sometimes it's an attempt to draw a walk because that's the best … Continue reading Taking Pitches
A powerful component of customer engagement is providing scarce, exclusive and relevant experiences that reinforce your brand positioning. "Members Only" or "By Invitation Only" marketing programs can be compelling messages that tell your customer that you truly appreciate their business. For years leading luxury retailers such as Bergdorf Goodman and Barney's have feted their best … Continue reading Members only? Or “Members Only” jacket?
One of the hottest retail segments right now is the outlet or off-price market. Nordstrom, Saks and Neiman Marcus are opening more "clearance" stores than full-line stores. Bloomingdale's and Lord & Taylor have recently announced plans to open their own off-price formats. Hundreds of manufacturers' outlet stores from Ralph Lauren to Coach to Nike can … Continue reading “Faux Clearance”: Do Outlet Store Customers Care?