Category Archives for Retail
→ The Cult of Amazon Prime
Jason Calacanis describes the world that Amazon Prime is enabling: All of these malls and choices seemed fun for a while, but Prime cult members have now won their freedom. They are opting for a simpler and more efficient form … Continue reading
★ Fab.com’s amazing pivot story
Fab.com‘s pivot is nothing short of spectacular. Founder and CEO Jason Goldberg tells this fascinating story with a presentation: In about 3 weeks, they completely changed their strategy — and now they’ve got significant traction and raised $40M more funding. I … Continue reading
★ All tablets lead to the iPad: why more alternatives help Apple keep the market
Marco Bertini and Luc Wathieu are reporting an interesting research finding in HBR’s Future of Retail forum: Choice Helps High-End Products, Hurts Low-End Products. In their words: Consumers who are offered a richer array of relevant choices in a given product … Continue reading
→ How productive is an Apple store employee?
More good number crunching from Asymco’s Horace Dediu. My favourite nuggets are at the end: Assuming an employee works for 360 hours per quarter, the average employee sees 6 visitors per hour or one every 10 minutes. As that visitor … Continue reading
→ Ron Johnson on What Apple Stores Taught Him About Retail
Rob Johnson, who built the Apple retail stores, on what makes them different: You have to create a store that’s more than a store to people. [...] People come to the Apple Store for the experience — and they’re willing … Continue reading