Blog

10 influences shaping online shopping behavior

Ten on Wood
To gain more insight into the shopping patterns of digital shoppers today, we sat down for an in-depth interview with a shopper who has shifted the majority of her purchasing online.  Debra is a mom with a full-time job outside the home. Her husband does the food shopping, and she does the rest of the household's routine purchasing. By looking at the factors influencing her shopping, we can see more clearly what both online and brick and mortar retailers must do to better serve modern shoppers. This is less about keeping up with the competition and more about understanding and responding to the shopper. It's important to note that online shopping gave her ways to address needs that would otherwise have continued to be "latent" and would probably have gone unnoticed, or at least underappreciated. Check out the ten influences that we found shaping her shopping behavior. more

6 email

Real-time retail analytics: Questions for Andrew Stein

Time Is NowWe first pointed readers to Andrew Stein's exciting idea for a radically new operating platform for commerce in an April Lookout. Now, we sit down to talk with him about it. The idea, which he first outlined An April 15 SteinVox blog, involves combining customer and merchant data (like the information  Groupon collects) to build a platform capable of monitoring and reporting on retail activity in real time. How would real-time analytics change the shopping experience? What would shoppers have to do to to get the benefits? How would the platform benefit merchants? Read on for a peek at what the future of shopping might look like.     more

3 email

Food, health & wellness

HealthyFoodA healthy-eating wave is building in the US as more and more people learn how diet and lifestyle influence their health. In fact, growing awareness of the connection between diet and chronic disease is the main reason why people are shopping for healthier foods, according to the Tufts University Health and Nutrition letter. BMC’s Health and Wellness segment team members – Ray Stone, Brian Joyce, Dave Nazaruk, Roy White, and Ken Witte – have been thinking about how supermarkets can catch this wave. more

14 email

What will Big Data mean to retail?

FoldersMagBinaryBear with me while I talk about baseball, basketball, and medicine before getting to retail. And spoiler alert: In the end, I’m going to ask you to participate in a survey about where we are with big data and retailing. Well before Brad Pitt played him in Moneyball, I heard Billy Bean talk. I was impressed with how his creative use of data changed the game for the Oakland A’s then, and I realize now that he was one of the early evangelists for big data. Not because he used more data than other big league managers, but because he used it differently. more

1 email

Shop talk on showrooming

TryOnShoes2Ann Zimmerman’s recent article on “showrooming” in the Wall Street Journal provoked a wide range of reader comments. I found them fascinating for their range, passion, and frankness. When shoppers go to the store to “try” before they buy online, is it bad for brick-and-mortar retailers? Sure, but let’s not get stuck there. Instead, let’s listen to them talk about the changing shape of their shopping experience. more

9 email