"Today, virtually the entire publishing industry is rooting for Barnes & Noble — including most independent booksellers. Its unique role in the book ecosystem, where it helps readers discover new titles and publishers stay invested in physical stores, makes it an essential anchor in a world upended by online sales and a much larger player: Amazon."
When I flew home yesterday from Charleston, while most people were seeking relief from their sunburns and reminiscing about their vacations, I was delving into The Wall St. Journal’s profile on Tracy Britt Cool, an ex- Berkshire Hathaway star. Mrs. Cool’s new company Kanbrick invests in businesses with $10m - $50m in revenue. What does Mrs. Cool look for when investing in a company? People and moats.
At Bridge, we’re reading Jim Collins’ Beyond ...
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Stores and brands sometimes ask us: How does Bridge compare to Faire?
I thought we'd compare the two service providers.
Similarities: Bridge & Faire
Audience. Both service the retail industry. In particular, both service brands and retailers. Bridge also services sales reps, and Faire tries to steer clear of them--which is one reason reps don't like Faire much.
Delivery method. Both are online platforms.
Service offered. Faire is a wholesale marketplace. It
Some people like to sit on the sofa and eat Ben & Jerry’s ice cream. I roll my eyes at this because I’m very different: I like to read the Wall St. Journal’s Christopher Mims …while eating an entire pint of Ben & Jerry’s on the sofa. This past weekend, Mr. Mims suggested companies may be reassessing where they source products, some even considering more domestic production. The motivation for this started a few years ago with the U.S.-China trade war, ...
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How are brands helping their stores--and themselves? They are telling retailers that Bridge is a sales solution for them. For example, Pampa Bay doubled its sales vs. last year on the Bridge platform. One way Pampa Bay increased its sales is by consistently promoting its Bridge service across various mediums. When one visits the Pampa Bay site, one can see the platforms the brand uses in the upper right-hand corner. We can see the brand uses Facebook, Instagram, Pinterest, and Bridge. Pampa...
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In a recent NY Times article about working out, the author Christie Aschwanden gives readers tips on how to make working out more enjoyable. (Read the article: https://www.nytimes.com/2022/01/19/well/move/habits-motivation-exercise.html). In reading this, I saw many parallels between working out and helping our stores get their websites ‘in shape.’ The author encourages readers to not think of working out as exercise and instead think of it as "hanging out with friends...
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Jim Collins, in his book BE 2.0, explains how purpose and mission are important to companies. To help explain this, he uses the metaphor of crossing a mountain range and seeing a star on the horizon. Your purpose is to reach the spot on the horizon below the star. The current mission is climbing up the mountain you’re on. The next mission is climbing up the next mountain and so forth in order to get closer to the spot on the horizon. You will have many missions, and may never ...
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Today’s Times shares that Amazon Prime members often spend twice as much compared to those that aren’t members. This led to me ponder: What if a first step to reducing Amazon’s monopolies is just canceling a $119/year ‘membership’? Prime may be Amazon’s strength—as well as its achilles. If we can find a way to undermine it, I believe one can save money and our communities.
We’re about building bridges here at Bridge, and we couldn’t help but notice all the bridges at the AmericasMart. Let’s connect our industry :)
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Happy to visit the Dallas show and connect with industry friends. Thanks to Matt Hullfish (Casafina) and Kerry Smith (Keith Smith rep group) for helping make the show a success—and make the industry fun.
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Last February e-commerce company Shopify Inc. replaced the “Ottawa, Canada” dateline that began its press releases and earnings reports with a strange new one: “Internet, Everywhere.” The geographical shift came at the insistence of Shopify’s founder and chief executive officer, Tobi Lütke, who tends to view such matters through the prism of cold, hard logic. In May 2020, only a few months into the pandemic, he’d made the early, seemingly rash decision to...
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At Mottahedeh, we choose to be colorful. That is for dinnerware or decorative objects for your home.
The historical story is important to us, because it represents the best of a culture of the past. For our reproductions and adaptations of designs, we try to understand the perspective of someone in those times and be true to their idea. For instance, if we are making an adaptation of a dinner plate from the 1750’s we would not take one motif that is repeated six times around the plate and...
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Scott Galloway, an NYU marketing professor and soon-to-be CNN host, suggests that when we assess a market, we start by asking how much one's experience using the service has changed in the past few decades. For example, when you go to your doctor’s office, if you were to spin around and pretend it’s 1990, how different is your experience today vs. 30 years ago? Scott often critiques doctors' offices, hospitals, and colleges because he believes they have not evolved enough in services...
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When I was 24-years old, a market research company sent me to Philadelphia to survey potential users about a new offering from General Electric Finance. Your first question may be: "Wait, Jason was once 24?" Your second may be: "GE had a consumer finance arm?" Yes, and yes. GE was once a conglomerate with its hands in many industries, from television to nuclear reactors to jet engines. GE, like Toshiba and Johnson & Johnson, has since shrunk. But the era of the ...
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Last week, a gift shop in Alabama signed up for Bridge and had a coaching call with Jordyn, our retailer coach. Within one day, the retailer had a Bridge Store offering 15k products and a full suite of online services to serve its customers. (See the store's Bridge account here: https://shealeighs.bridgecatalog.com)
I’m even amazed at what our software can do! Our software requires a lot of parts to come together: our tech team codes the software, our coaches call the stores...
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Watch this video to learn five proven steps to grow web sales. Join me and Gina Thesing from Ivystone as we pull back the curtain on industry trends and delve in to solutions indie stores are using each day.
Webinar includes:
Five key steps that a store must take.
A homework check list that you can tailor to your store.
Announcing an evening soiree to launch our new Wedding & Gift Registry - Wednesday October 27th 4-6pm. We are inviting all those involved in the wedding industry - event planners, florists, caterers, and other industry influencers - to join us in our showroom to learn more about our exclusive access to the finest brands in entertaining and home decor. While enjoying champagne and light hors d'oeuvres, our guests will have the opportunity to chat with our interior design team and learn about ...
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While watching Salvage Kings, a Hulu TV show about a Canadian salvage company, I learned that the Nash automobile company’s 1920s slogan was "Give the customer more than he has paid for.” From Wikipedia, I learned the cars lived up to their slogan:
“Innovations included a straight-eight engine with overhead valves, twin spark plugs, and nine crankshaft bearings in 1930....A long-time proponent of automotive safety, Nash was among the early mid- and low-priced cars ...
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When it comes to gift registries, Bridge helps indie stores rank higher in Google than other players in the retail industry. In the example shown, we see four retailers using Bridge to rank on page 1 of Google. Two retailers beat The Knot, and four beat Walmart.
While our indie stores are just a fraction of the size of The Knot or Walmart, they outrank them because they use Bridge's technology. Bridge's software and network of websites offers advantages that bigger entities can't overcome ...
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