Here’s a round-up of February’s more interesting phygital retail bytes:
- Interactive billboards continue to evolve as innovative retail marketing tools. In New York, Kate Spade partnered with The Science Project for a new type of personalised ‘coming soon’ shop front that gathered customer data ahead of the store opening.
- River Island has partnered with Google Cardboard for its latest Design Forum collaboration and is experimenting with a virtual reality film in-store.
- At New York thinktank L2, founder and NYU Stern Professor of Marketing Scott Galloway thinks it’s online retail’s turn to revitalise itself with physical stores.
- A good example of the above phygital strategy being implemented is by homewares e-tailer Made.com, that has just opened a home-tail style showroom in New York’s Soho.
- Equally, physical stores are experimenting with turn-around strategies. The New York Times has an update on dinosaur retailing: Sears, Gap, JC Penney and Kohls.
- Retailers without apps are losing out in the digital battle for customers, says WWD (subscription).
- It’s fashion month so apps are FROW with ‘pinfluencers’ driving a new wave of discovery commerce via Pinterest and its new Apple collaboration.
- It’s about time luxury moved from the runway to the app. A new report from McKinsey says social influence through digital is luxury’s biggest opportunity.
- But it’s power brands that still rule consumer’s luxury spending habits, according to a report by Havas Media. The ad agency’s new strategy arm, LuxHub says 66% of UK luxury shoppers still prefer “power” brands, such as Rolex (19%), Chanel (14%), and Cartier (13%) to “niche” ones.
- Power brands are flocking to Netflix’s latest House of Cards series for brand cameos written into the storyline, according to Ad Age. No advertising here says Netflix, but I’ve lost count of featured brands such as Apple, Samsung, Chivas and Lexus enjoying their moment of internet TV fame.
- The biggest story in fashion right now is gender neutral and on the eve of a major new ‘retail experiment’ called Agender about to hit at Selfridges, The Business of Fashion has a timely op-ed piece.
- And finally a touch of out with the old, in with the new? As discovery-commerce looks set to drive growth within the e-commerce sphere, some legacy online-only sites are lagging behind. Here’s a look at what happened to the flash-sale bright star Gilt, that looks to be on shaky ground. It’s no wonder then that another mono-channel offering, Conde Nast’s NowManifest was shuttered this week – a sign that blogger influence is waning or more likely that Conde Nast is ramping up its native advertising and wants to streamline its online influencer portfolio.