Internet Retailer - Strategies For Multi-Channel Retailing


Feature Article
Feature Article February 2004   
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SPONSORED WHITE PAPER: Multi-channel integration

Today’s successful formula in retailing

Multi-channel merchandising is emerging as a top-of-mind issue for merchants of all sizes. Whether they are local chains or national chains, catalogs or direct-response TV operations, most have a web component today. And so most are wrestling with the challenge of creating and integrating merchandising channels.

Tied together by a well-developed integration and e-commerce strategy, multiple retail channels build customer loyalty, increase sales and generate repeat business. 1-800-Flowers.com, for instance, is enjoying record sales and strong customer loyalty, thanks in large measure to an integrated merchandising strategy. “We’ve been aggressive in offering new and different ways to shop with us and as a result, we’ve increased repeat business from 30% of total sales to more than 40%,” says Chris McCann, president of 1-800-Flowers. “We give customers a total gifting solution. That’s made possible by our commitment to multi-channel retailing.”

1-800-Flowers was among the first to try new ways of retailing, pioneering the 1-800 concept to create a national market, then moving online with CompuShare in 1992. With help from Fry Inc., a leading e-commerce design, development and managed services provider, 1-800-Flowers opened the first store on America Online in 1995 and developed a wireless commerce strategy in 1998.

Still in early phases

While the Internet and web technology are helping 1-800-Flowers become an effective multi-channel retailer, the company is still an exception. Many retailers have merchandising channels that let customers shop through catalogs, call centers and the web, as well as in stores. But often those channels aren’t integrated, with merchandise, prices and customer service policies varying from channel to channel.

Merely operating multiple sales channels does not constitute multi-channel retailing. Multi-channel merchandising requires a well-thought-out strategy anchored by the effective use of e-commerce technology and Internet site design. “Building a true multi-channel retail program is evolutionary. Many merchants are still in the first and second phases in which they first optimize each channel, then develop strategies so all channels share creative values, product assortment and some business rules,” says David Fry, founder, president and CEO of Fry Inc. in Ann Arbor, Mich. “More advanced multi-channel retailers are developing synergy among all three channels by creating strategies that present a single view of who’s shopping with them.”

Many retailers begin channel integration with merchandising and branding techniques that encourage shoppers to use multiple venues. These techniques often take the form of gift certificates purchased online and redeemable in stores, or coupons for discounts in any channel.

Another strategy is a web-enabled gift registry linking a retailer’s fulfillment systems to a real-time inventory management database. Fry worked with Crate and Barrel to build an interactive gift registry at CrateandBarrel.com.

Before the electronic gift registry, engaged couples filled out forms at a Crate and Barrel store and used the catalog or relied on the advice of sales associates to select the gifts they wanted. When Crate and Barrel launched the online registry, couples could create a personalized gift list and browse Crate and Barrel`s housewares inventory. Wedding guests liked the registry because it allowed them to buy a present the couple truly wanted even if the buyer did not live near a Crate and Barrel store.

Crate and Barrel has continued to refine and enhance the online registry. Today, couples can edit the registry if their gift selections change and browse Crate and Barrel’s entire inventory of housewares and home furnishings. The convenience of an integrated multi-channel gift registry means that wedding guests buy fewer duplicate gifts that couples must exchange or, worse from the retailer’s point of view, return for a refund.

But more importantly for Crate and Barrel, the online gift registry helped facilitate the retailer’s multi-channel integration strategy. The web-enabled gift registry features merchandise priced the same at its web site, catalogs and stores. Crate and Barrel achieves better channel integration because order management, customer service and fulfillment systems are tied into a central database of real-time information. “The gift registry helps promote a seamless shopping experience for the customer who wants to buy a gift,” says Rudy Pataro, Fry’s vice president of information technology. “From the retailer’s perspective, it tells shoppers: ‘We have you covered.’”

Linking disparate systems

Features such as electronic gift registries help merchants create a unified brand, Pataro says. But before retailers add features and functions to promote channel integration, their top priority usually is linking disparate operating systems and databases. A large national chain may have as many as 15 supply chain, order management, inventory management, point-of-sale and e-commerce systems supporting store, catalog and web operations. These silos make channel integration difficult. “The payoff of multi-channel integration is having a single view of the customer and using an integrated stream of information to understand the shopper’s complete history of transactions, interactions and relationships,” Pataro says. “Systems issues can be a deal breaker for achieving channel integration.”

Many retailers` first experience with channel and systems integration comes in implementing an information management program to tie the entry of orders from web to legacy systems. When Eddie Bauer first launched its web site, its goal was to offer, via this new channel, the same levels of customer service for which it was known. In making the commitment to e-commerce it recognized that its customer service legacy was just as great an asset as its legacy IT systems.

Working with Fry, Eddie Bauer devised a way to integrate its legacy-based order entry system with orders placed at eddiebauer.com. This web order interface device is helping the retailer and other Spiegel Group companies to achieve better channel integration. An interface application stores all online orders in a web-enabled database where customer service representatives can view incoming order information on a common electronic order form. In the rare instances where data discrepancies occur, such as transposed numbers or incorrect merchandise codes, the customer service reps can easily fix one or two lines of information and the order is quickly uploaded to the legacy system.

Seamless electronic order entry has allowed Eddie Bauer to significantly increase the efficiency of its e-commerce customer service representatives and reduce processing costs. But more importantly, Fry and Eddie Bauer used the web order interface device as the catalyst to build a common e-commerce platform that is helping the retailer expedite multi-channel integration.

For instance, Eddie Bauer can determine which customers are redeeming online coupons or gift certificates at certain stores, assess which shoppers are using the online version of its catalog, and track who is clicking on EddieBauer.com and staying to visit other shopping portals such as Eddie Bauer Home or Eddie Bauer Outlet. This single view of customers ultimately helps the company design merchandising and promotions that deliver a better customer experience.

Better multi-channel retailing

Better data, integrated systems, and creative design and branding standards help the retailer give a common look and feel to its merchandising outlets, while enabling business units to track the progress of specific sales plans or merchandising strategies.

"Implementing a centralized, services-based architecture,” Pataro says, “and establishing unique shopper identification numbers that reflect all activity—regardless of channel—are critical steps that enable retailers to compare customer behavior online with what`s happening in the catalog and in-store."

While there are common steps, developing a multi-channel retail strategy isn`t a cookie cutter process. “There is no one-size-fits-all approach that merchants can use to integrate their offline and online retailing segments,” says Bridget Fahrland, executive creative director of Fry. “The key is to start with the consumer rather than the technology.”

To that end, Fry recommends that retailers create “multi-channel consumer scenarios” as part of their design process by considering how and when consumers will use channels. Fahrland notes, “It’s not about having ‘everything everywhere’ it’s about providing the right information, tools, and products in the right channels. Multi-channel is not about echoing—it’s about harmonizing.”

Personal Creations, for instance, uses an online store and a catalog to sell seasonal and specialty gifts. Four years ago, e-commerce accounted for only about 10% of the retailer’s total sales, but Internet revenues are now more than 50% and growing. As a multi-channel retailer, Personal Creations sees equal value in offering customers a strong catalog and an e-commerce channel.

Personal Creations built its web store to reduce the cost of printing and mailing catalogs and manual order taking. But working with Fry, PersonalCreations.com has evolved into a retail channel that identifies catalog customers as well as drives online sales.

A newly designed site, featuring Fry’s Microsoft-based e-commerce solution Flagshiptm, is enabling Personal Creations to do a better job of cross-selling merchandise and to hone its catalog merchandising. A new cross-sell feature on PersonalCreations.com lets customers order catalog items from the web store, while analytics tools and personalization applications built into the site’s back end identify other merchandise that customers may be interested in purchasing.

Once the purchase has been made, the transaction is added to historical data that helps Personal Creations refine its merchandising strategy. Catalog sales benefit from the online analytics because Personal Creations uses its web store to test merchandise for inclusion in catalogs and refine text and images before publishing new editions.

A testing ground

“Each of our channels has its own strengths and weaknesses, but the Internet is helping us do a better job of integration and identifying who is shopping with us and where they are coming from,” says Personal Creations president of e-commerce and new business development Geoff Smith. “By using the online store as a testing ground to get a better handle on how customers are interacting with us, we can improve our contact strategy within each channel, improve our overall sales and reduce marketing costs for the business in total.”

Personal Creations considers its multiple channel retailing experience a success. With a more uniform brand, better systems integration and a keen understanding of how customers are interacting with its two channels, Personal Creations has in the past two years increased its online sales conversion rate by 25%, reduced checkout abandonment by 10% and reduced catalog marketing costs.

But as other retailers seek to achieve the same integration success as Personal Creations, they must bear in mind that true multi-channel retailing is evolutionary—not revolutionary. Eventually most catalogers will achieve what Fry defines as “phase three” multi-channel retailing. At that juncture, stores, catalogs and e-commerce sites are linked with integrated computer systems and stocked with the same assortment of merchandise, which is universally priced and available in abundant quantities. Phase three also provides customers multiple access points to all channels.

Phase three multi-channel retailing means customers can use in-store kiosks to shop online or from the catalog. They can order online and pick up in the store. They can redeem coupons and gift certificates across any channel. It also means retailers know exactly how their customers are shopping because each shopper receives a single identification number by which cross-channel activity is recorded. That, in turn, translates into better customer service because the retailer knows every interaction it has had with a customer. Further, phase three means consistent systems integration, giving merchants a single view of inventory management and availability across all channels.

Retailers can succeed with channel integration in a number of ways using Fry as a strategic planning and project management partner. Fry offers solutions for merchants of all sizes, such as a suite of managed services including hosting or a turnkey package that can include strategic consulting, information design and usability, creative design and branding, application/systems integration, and data reporting and analysis.

Fry is also launching packaged services such as Open Commerce Platform, a standardized system with reusable components that support multi-channel merchandising, membership, personalization and content management initiatives.

“Phase three is the future,” says CEO Fry. “Multi-channel retailing is truly accomplished when merchants have a 360-degree view of the customer that reflects all shopping activity and enables each shopper’s experience to be personalized and enhanced. That’s the Holy Grail of channel integration.”

 

Manufacturers need to be multi-channel, too

Manufacturers have long played a role in product retailing. But the web has amplified that role. Retailers’ and manufacturers’ own experience, backed by surveys, shows that many consumers turn to manufacturers’ web sites for product information before they even start thinking about where to buy something.

Manufacturers suddenly find themselves in a position to influence sales in a way they’ve never experienced before. “Manufacturers play a vital part in multi-channel retailing and they exert tremendous influence over the purchasing cycle,” says Ilana Richmond, senior consultant with Fry Inc., which collaborates with a number of consumer product manufacturers to identify and implement effective multi-channel strategies. “Manufacturers can help retailers support their various distribution channels. They can take the lead in areas such as multi-channel marketing and after-the-sale service where they have the opportunity to establish a direct customer relationship.”

Whether they serve as the ultimate source of online product information or use their web sites to create more Internet, catalog or store leads, manufacturers must develop a multi-channel strategy that optimizes how they help retailers.

“While retailers concentrate on merchandising, we work with manufacturers to achieve their goals in multi-channel brand awareness and customer service,” says Andrew Krasner, Fry director of consulting services. “We created a multi-channel lead effectiveness offering because our clients are looking for ways to generate more sales leads from their web sites and to integrate the management of those leads with other channels.”

For instance, manufacturers can use their own sites to provide extensive product information and then build in features that direct sales leads to merchants. Shoppers may begin their research on a retailer’s site, but often wind up on a manufacturer’s site for more extensive information. Manufacturers can support retailers with online multi-channel marketing applications such as a Store Locater button, and advanced search and navigation tools that help customers find a product and tell them which retailer carries it. They can even build Retailer Buy Now buttons that direct shoppers to retailers’ e-commerce sites or store locations.

By providing strategic consulting, information design and usability best practices and the managed services expertise to integrate diverse back-end systems, Fry works with both manufacturers and retailers to capture more of today’s new “multi-modal” shopper.

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