Amping Up the In-Store Experience: How Retailers Can Avoid Going the Way of the CD

Amping Up the In-Store Experience: How Retailers Can Avoid Going the Way of the CD

In early 2013, I was interviewing for a position with Catalyst and trying to determine the best way to convey my interest in technology despite a resume full of music publishing M&A transactions. Given my independent interest in the “business of fashion,” I cited my enthusiasm in recent commerce trends, including the convergence of content and commerce and the physical store as retail entertainment.

The Emergence of “Cyber Friday”

The first of the holiday shopping data has been reported, and total spending dropped an estimated 11% from Thanksgiving through the weekend across both online and physical stores from $57.4 billion to $50.9 billion. National Retail Federation President and CEO Matthew Shay explained, “A strengthening economy that changes consumers’ reliance on deep discounts, a highly competitive environment, early promotions and the ability to shop 24/7 online all contributed to the shift witnessed this weekend.”

Shoppable Content: It’s Time for the Shazam Experience in Fashion

In today’s Business of Fashion opinion column, “Fashion Magazines Are Missing the Mark with Shoppable Content”, Renata Certo-Ware (writer, blogger and user experience lead at Shopping Cart Technologies) discussed the challenges publishers face as they attempt to monetize their readership by converging content and commerce.

Let’s Drop the “E” and Talk Commerce

Catalyst recently spent time researching the commerce sector, including B2B models (commerce enablement software platforms, retail analytics) and B2C models (social, marketplaces, eRetail). Omni-channel retail (the seamless approach to the consumer experience through all available shopping channels, including online – via computer, tablet and mobile, brick-and-mortar, kiosks, television, radio, direct mail and catalog) is a key driver in expanding the environment for business beyond in-store or online and in broadening the nomenclature from “eCommerce” to simply “commerce.”

Let’s Drop the “E” and Talk Commerce

Catalyst has recently spent time researching the commerce sector, including B2B models (commerce enablement software platforms, retail analytics) and B2C models (social, marketplaces, eRetail). As we developed our investment theses, we determined that omni-channel retail (the seamless approach to the consumer experience through all available shopping channels, including online – via computer, tablet and mobile, brick-and-mortar, kiosks, television, radio, direct mail and catalog) is a key driver in expanding the environment for business beyond in-store or online and in broadening the nomenclature from “eCommerce” to simply “commerce.”

MINDBODY Expands Reach to 25,000 Subscribers Worldwide

MINDBODY, the largest provider of business management software to the health, fitness and beauty industry, surpassed the 25,000 subscriber benchmark on May 28th 2013. With over 1,000 new subscribers boarding each month, MINDBODY continues to accelerate and remains the fastest growing software provider in the wellness industry.