Citi Bike, a bike-sharing service in New York City, has a competition for those who help redistribute the network’s bikes. It displays the top helpers, called Bike Angels, on an online leaderboard. Citi Bike gives points, which can be redeemed for monetary credit, for participating. I found this system and their leaderboard inspiring because we, too, offer a leaderboard.
Our leaderboard (named Leaderboard) that tracks the best-performing wedding registry brands, retailers, ...
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How restaurants, hotels, and tableware brands are using loyalty programs--and what indie stores can learn from this.
October 11, 2023
Perk-y
I recently read about a new loyalty program and wondered what we could learn from it. The founder of Eater and Resy, Ben Leventhal, has started Blackbird, a loyalty program service designed for indie restaurants, reports The New York Times (Read the article). Using the Blackbird app, a diner receives a perk for eating at a restaurant. The retailer sets tiers for which the user qualifies for the perk. For example, a restaurant, Nat’s on Bank in New York City, gives tier 1 customers ...
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I was happy to see Tableware Today magazine share our experiences and lessons regarding the power of free shipping.
You're invited to read the article below:
.........................
THE LAST WORD
FREE SHIPPING PAYS OFF
by JASON SOLAREK
Most indie stores don’t have the technical ability or people power to track pricing and offer discounts like free shipping. Indie stores need this information or they’ll be left behind. This information can make a difference: in ...
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Bridge analyzed the websites for the top-40 selling brands in the tabletop and giftware industry. We assessed what promotions and discounts, such free shipping, brands offer. Bridge did this because a product's price, which is impacted by discounts, is often the leading factor when shopping online. More than 67% of the brands surveyed by Bridge offer free shipping.
More than 65% of brands surveyed by Bridge offer free shipping, while just 14% of indie stores do. Brands often charge just $118 to quality for free shipping, while stores charge $190 (a $72 difference). Where would you shop?
Bridge analyzed the websites for the top-40 selling brands in the tabletop and giftware industry. We assessed what promotions and discounts, such free shipping, brands offer. Bridge did this because a product's price, which is impacted by discounts, is often the leading ...
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When we talk about prices, there are two prices that are important:
The price that we charge clients.
The price our clients charge their customers.
We normally talk about the former, aka how our prices compare with other competitors, like Shopify or wholesale services like Faire.
Of increasing importance to us is what our retailers charge their customers. Walmart recently announced that it was taking brands to account and pressuring them to keep ...
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March 15, 2016
March 15, 2016
Carol Schroeder, a retail advisor and retail store owner, shares her tips for making customers feel special: .................
Your preferred customer program, POS or even just your intuition should make it possible to identify those individuals who mean the most to your business. It pays to give VIP treatment to these βregularsβ whose loyalty is key to your success.
1) It seems like a simple thing, but greeting them by name is an easy way to make them feel ...
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September 11, 2011
September 11, 2011
Tips on promoting your retail store
Retailers often ask me about increasing traffic and sales. Below please find a New York Times article about a Hearts on Fire print campaign.
1) Customize your advertisements to your audience. Excerpt: The content of the print ads will vary slightly in each magazine based on its target audience. For younger fashion-conscious readers of Cosmopolitan, Marie Claire and Redbook, ads will highlight lower-priced items. The more affluent readers of Harper's Bazaar, O, ...
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February 10, 2010
February 10, 2010
Policing prices to support the Bridge
There was an article in the New York Times this week about price setting by brands/manufacturers, and retailers seeking ways to get around this. Overall, brands being allowed to set prices is now often accepted. This is in the Bridge's favor since the Bridge sets prices, and rewards retailers for this by by giving them all the product pictures and prices. It's a win-win.
With that said, the Bridge works best when brands police discounting. Why? We don't want ...
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October 11, 2007
October 11, 2007
Hit a 'Home' Run with Online Advertising
An article in today's Wall Street Journal is prescient for the tabletop and home accessories markets. The article states that while "eight in 10 Americans are now online" and spend as much time on the Web as on TV, most marketers allocate only 5%-10% of their ad budgets to digital media.
How can our industry correct this disparity? If we do, we'll reap the rewards. More findings from the study can be found in the article, which is here: