"The purpose of a business is to create a customer that creates customers" ~ Shiv Singh
Maria Hardy, on May 2, 2018
Ineffective social media operations is costing US business $40 billion each year. (Social Media Today)
Mike D'Errico, on January 2, 2018
“I can’t overstate how mobile is changing how we interact with consumers, we have to embrace these changes” Joel Anderson, CEO/Five Below, former Walmart CEO
Over one-third of all US online sales will be made via mobile devices this year. Forbes And research from comScore indicates that mobile commerce is growing at three times the rate of desktop e-commerce.
Jim Madaj, on December 12, 2017
“To win in the new consumer landscape, where Red Bull is as powerful a brand as Rolex or Louis Vuitton, brands must think much more innovatively when it comes to how they engage with a changing consumer base.” [Entrepreneur]
"I don't pay good wages because I have a lot of money. I have a lot of money because I pay good wages."--Robert Bosch
Jim Madaj, on May 31, 2017
“Between 2010 and 2015, more than three-quarters of the roughly $100 billion in incremental growth in eCommerce in the United States will come from well-established online sales channels, but emerging channels such as mobile and social eCommerce are expanding quickly, and will contribute about one-quarter of the growth.” (PwC)
Mike D'Errico, on April 25, 2017
Increasingly, new and established companies alike are looking to add a direct to consumer (DTC) option to their omnichannel business model. The reasons for this are clear: for many businesses, the advantages of DTC are too compelling to ignore. However, as with any new venture there can be pitfalls, particularly for companies that jump in feet first without first planning their DTC strategy.
Mike D'Errico, on April 19, 2017
“People who don't take risks generally make about two big mistakes a year. People who do take risks generally make about two big mistakes a year.” —Peter Drucker
Mike D'Errico, on April 10, 2017
U.S. eCommerce growth exceeded 15 percent throughout 2016, (source US Commerce Dept, Internet Retailer), and according to another study by Pew research center, 79 percent of Americans have made an online purchase.
Mike O'Hagan, on March 21, 2017
In the direct to consumer channel, we continue to look at the entire world as an extension opportunity for all of our brands. (Richard Hayne CEO/Urban Outfitters)