Best Quote: "What is the Retail Climate Like"

"The best way to put it is that retail has a hangover right now. It’s awake (but not fully) and is hurting from the past 12 months of weak sales and low margin business. Dealers are beginning to see sales pick up, but they are still having a tough time paying for past purchases, making it tough to freshen up inventory."  Darren Hawrish, Founder and President No Limits Distribution from interview with Shop-Eat-Surf.com

Threadless goes Experiential for Summer Tour 2010

To celebrate its 10th Anniversary, T-Shirt crowd sourcing specialist Threadless, has launched a Summer mobile event campaign.  The mobile tour includes a 25-foot Airstream trailer, pulled by a panel van designed for the tour with a collage of the most popular T-shirt designs from Threadless’ decade. 

 What is Threadless, according to Wikipedia, Threadless is a community-centered online apparel store run by skinnyCorp of Chicago, Illinois, since 2000. Co-founders Jake Nickell and Jacob DeHart started the company with $1,000 in seed money after entering an Internet t-shirt design contest.  Members of the Threadless community submit t-shirt designs online; the designs are then put to a public vote. A small percentage of submitted designs are selected for printing and sold through an online store. Creators of the winning designs receive a prize of cash and store credit.  So basically, they are crowd sourcing geniuses along with Digital Savants. 

Back to the tour, the tour launched from Threadleass headquarters in Chicago and heads out west then will head across the country to the East Coast.  Tour Dates/Locations.  Stops will include design shows, music festivals and other high-traffic venues. At the stops the trailer will be open for visitors to engage in art work, music, purchase t-shirts, music, enter contest and hang out. 

The other aspect of this experiential program is the digital/social media mix that includes a micro site, twitter, facebook and location based fun with Gowalla.  The tour will be thoroughly videoed, blogged and tweeted on the Threadless.com social network pages at Facebook, where the company has 132,000 likes, and on Twitter/Threadless, where Threadless has 1.5 million followers.

Digital Marketing Talent Crisis

There is a Digital Talent Crisis happening according to a recent article by Shane Steele of Yahoo.  Shane discusses if the media and advertising industry is going to fully recover and grow in the future we must invest in talent. That begs the question, where is the talent coming from, particularly with the skills and experience needed to keep up with the radical pace of change in the digital age?

There is new digital education program called Boulder Digital Works (http://bdw.colorado.edu), a school with the ambition to produce the world’s best digital creative, business, and technology talent. BDW was formed by the University of Colorado in partnership with MDC Partners, Microsoft, and a number of other companies to address what its founders saw as a pressing need for digital talent and leadership in their own businesses. Their goal – build a digital boot camp to groom educated workers and leaders who move comfortably and intelligently across the disciplines of technology, creative, and business.

Upon reviewing job posting for digital marketing positions the confusion also lies with hiring agencies, managers and companies.  Digital marketing evolves daily with new technologies and transformations including how customers/prospects utilize and adopt the technologies.  Example would be that of eCommerce how years ago people were skeptical and did not trust this process.  Well, times have changed and the numbers of online sales continues to rise. 

Do current digital marketing professionals know how to build trust, create navigation that leads customers to conversion, or how to even drive customers to their sites and so on...

According to BDW they refer to this type of talent profile as “T-Shaped Talent,” or an “Integrated Digital Thinker.” It means that no matter what your specialty (base of the T), be it copywriting, media planning or flash design, in order to be most effective in the workplace today, employees must complement their subject matter expertise with a broad and holistic understanding of how digital technology impacts their business (top of the T). In other words, today’s talent must be fluent in at least one language but also literate in many.

Proctor & Gamble launches direct to consumers eCommerce store

This comes as No surprise that another manufacturer (P&G) is adopting the direct to consumer business model by launching their own eCommerce store http://www.pgestore.com/   P&G's e-store comes as other package-goods marketers are also ramping up e-commerce efforts.  The store is currently in beta but has a fully integrated marketing campaign that includes a heavy dose of Social Media. 

According to Advertising Age, for the latest venture, P&G is adding touches such as product ratings, shopper feedback forums for users to share tips and links to its Facebook brand fan pages, through which consumers can buy products directly.  Did I just here, Social Shopping?  The e-store is meant to be a "living learning lab" for e-commerce capabilities, the company said in a statement. Online retailing has been a high priority for P&G Chairman-CEO Bob McDonald since he took the company's top job last year.  While P&G today gets less than 1% of sales online, or $500 million, Mr. McDonald has said he sees no reason the company can't increase such sales tenfold.

Manufacturers direct to consumer eCommerce

This business model strategy was attempted during the first big dot.com wave but fizzled out with lack of proper technology platforms and tools in addition to bitterness from retailers/dealers.  But now the wave is back (Increase in number of manufacturers request to WCN Group for eCommerce strategy solutions).  *Interesting to note that manufacturers that I had discussions with several years ago who were resistant to ecommerce are now the ones frantically calling. 

Manufacturers who adopt the eCommerce business model will find success this time around because the tipping point for shopping online has been reached (customers are confident).  Ecommerce platforms are universal and most notably, the social media and social shopping (experience) aspect.  Customer will not have to leave their comfort zone in order to shop and purchase products.  As an example, they can stay on Facebook, ask their friends what to buy and for a review, than click and purchase.  It is that easy!