Put your money where your mouse is…
May 13th, 2008 by Carolyn Gardner
Online sales are continuing to outpace catalog sales. Consider the recent announcement by the marketers at Bloomingdales (parent company being Macy’s Inc) who have just called it quits for the catalog side of business and you can start predicting the future with relative ease. That is…if marketers dare to think differently. Tried and true may no longer apply…
I call it putting your money where the mouse is.
Not just where it starts (as in search and email) but where it travels (which is the entire click-stream process, not to mention visits that might happen over a period of time pre- and post-conversion). And this new emphasis on travel can really be related to improving the overall online experience which is exactly the plan for the Bloomingdales.com web site.
Bye-bye catalogs will also mean bye-bye direct mail to some degree. I’m sure not every retailer will completely abandon the catalog, but there will be fewer and fewer printed every year. So it’s not a matter of if they will abandon catalogs, it’s more a question of when and by how much? For the catalogs that don’t get fully axed, I believe the distribution won’t be automatic - rather, it will be very much an active request by the consumer.
But over time, with more emphasis being placed on positive online experiences, who will even request a catalog? I mean seriously, the catalog will be archaic. As today’s youth move into consumer-hood, they’re already in tune with online shopping. Hell, they’ve been buying in the onlines stores of webkinz world, club penguin and numerous others since they were 3!!! And trust me, these sites don’t offer print catalogs.
On top of consumer demand for positive online experiences, there’s also the green thing / the environment thing. This is like the cherry on top for any marketer looking to phase out the catalog. Save some trees. Gain some customers. It’s all good.
Two questions:
1. Have you noticed fewer and fewer retail catalogs?
2. Are you a retailer considering the fate of your catalog?
I’m curious for comments on this topic…so share your thoughts and let’s start a conversation.
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