44 Results:
February 5, 2021
February 5, 2021
The Bridge Smart Products service costs a brand $9 per year per retailer. Over that year, a retailer interacts with that Smart Product data for 104 minutes. This number is approximately 2 minutes per week. (Please note: some retailers view Smart Product data at a much higher rate, such ...
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December 29, 2020
December 29, 2020
- Online sales grew 47.2% between Nov. 1 and Christmas Eve compared with the same period last year... Meanwhile, overall U.S. retail sales grew just 2.4%.
- During the seven days leading up to Christmas Eve, store traffic fell 31.3% compared with last year.
- This growth comes at some expense: selling online is generally less profitable than selling from stores.
- Clothing was not a safe harbor: between Oct. 11 and Christmas Eve, sales of apparel fell 19.1%
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December 13, 2020
December 13, 2020
One doesn't shop on ShopRunner, rather one shops on other stores and looks for the ShopRunner logo when checking out. (Learn more about how it works here: https://www.shoprunner.com/how-it-works .)
A missing component for FedEx and UPS remains an e-commerce platform, such as Shopify, Big Cartel, ...
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November 20, 2020
November 20, 2020
What will be the most significant change for our industry in 2021?
J: As the famous business leader Marc Andreessen said, software is eating the world--and it's eating our industry like never before with Covid-19. The question is whether you're eating or being eaten. We’re all in the software business now. ...
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October 5, 2020
October 5, 2020
Powell's Books, one of the nation's largest and best-known book retailers, has stopped selling on Amazon after 20+ years, shares RetailDive. The store cited how bad Amazon is long-term for itself and communities. The store realized it was sharpening its executioner’s sword, as Scott Galloway has said ruefully.
I found this quote from the owner insightful:...
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September 19, 2020
September 19, 2020
I think that offering a solution (start something) is easier.
I recommend that stores encourage customers to choose them over Amazon because the ...
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April 20, 2020
April 20, 2020
Scott Galloway, a business leader and host of an online business class called 'The Sprint,' recently brought to my attention the ...
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April 19, 2020
April 19, 2020
https://www.google.com/amp/s/www.nytimes.com/2020/04/18/technology/athena-mitchell-amazon.amp.html
Business leader Scott Galloway has also been speaking about the dangers of Amazon in his podcast Pivot.
Ms. Mitchell co-authored this insightful report about Amazon in 2016:
https://ilsr.org/amazon...
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January 14, 2020
January 14, 2020
And thanks to Meliza Weir for sharing her 2020 predictions, too :)
I'm a big fan of Scott's book The Four:
https://www.barnesandnoble.com/w/the-four-scott-galloway/1126835054 View Post
December 22, 2019
December 22, 2019
Did your e-commerce business lose money last year, and you fret over this? Most indie store owners do, but losing money on e-commence is the name of the game as catching up to Amazon’s 25-year head start will take years and lots of losses. Proof: Walmart’s e-commerce operations lost $2b last year, shares the WSJ. Most indie stores will not be able to pursue this ...
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November 19, 2019
November 19, 2019
Bridge helps Susan and Brooks save months of time via the Smart Products service. This can be viewed as time saved--or more importantly: as an extension of their lives. As a reference, Scott Galloway, an NYU professor and media savant, recently made this insight regarding life-extending services:
"Walmart Delivery Unlimited: At $98/year,...
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October 25, 2019
October 25, 2019
If they’re not up 24%, it likely means that Amazon is taking your customers and your neighboring business’ customers.
Do you buy from Amazon at home? Or for your store? If so, you may be helping sharpen your executioner’s sword by 24%.
While the Times paints the quarter as a mixed bag, I believe this is great news for Amazon. It also shares that Amazon’s advertising revenue is up 45% and that Amazon Web Services Is up 35%. Do you...
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August 21, 2019
August 21, 2019
August 8, 2019
August 8, 2019
I read the New York Times and want to ask: Are we sharpening our executioner's sword? That is what FedEx wondered as it helped Amazon grow by delivering its packages. Finally, FedEx woke up and decided it's better to make less money tomorrow than help usher in its death in the near future. As the Times reports, FedEx is terminating its ground delivery agreement with Amazon at the end of August, thereby passing on the delivery of millions of packages.
Amazon has historically partnered with ...
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November 5, 2018
November 5, 2018
https://www.l2inc.com/daily-insights/winners-and-losers/should-prof-g-tone-it-down View Post
August 22, 2018
August 22, 2018
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As you likely know, Gump’s filed for bankruptcy. The famous San Francisco indie store's crash is having wide-ranging consequences for our industry. 41 Madison tenants likely lost more than $1,000,000 on Gump's.
Yet, the economy and stock market are doing very well. How to explain these contrarian events? Furthermore, you surely are asking: How did Gump's reach this low--and more ...
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July 15, 2018
July 15, 2018
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June 28, 2018
June 28, 2018
To quote Jaws, “I think we’re gonna need a bigger boat” :) View Post
May 2, 2018
May 2, 2018
April 9, 2018
April 9, 2018
Which leads to the questions: what is Bridge making easier? What 'friction' is it removing for users?
Bridge reduces the pain points for a retail business in these areas:
+ Adding products to its website.
+ Adding news to its website.
+ ...
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