Marketing Week says Co-buys "send conversion rates soaring"

Marketing_Week

What do we mean by 'rewards'? What kind of incentive is it when retailers offer the same boring savings to everyone? How can we expect customers to be loyal when it's rarely a two-way street?

These are some of the critical questions facing brands, retailers and marketers today. And Marketing Week have tackled them in a stand-out feature about vouchers and incentives, published in their latest edition. Unsurprisingly, they've consulted the experts: Buyapowa, plus two of our clients, Tesco and GameSeek.

It's a seriously good read. So, seriously, read it:

http://www.marketingweek.co.uk/a-personal-touch-gives-smarter-rewards/4010009.article

If you take it all in and decide that smart rewards aren't for you, we'd love to know how you can afford to take that risk.

If, on the other hand, you decide that clever incentives are exactly what your business needs, we'd love to speak to you about that, too - so we can help you get started.

EIther way, get in touch now.


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Data: digital retail's top three priorities for 2014

 Digital Retail Priorities 2014

Following a mixed Christmas - overall gloom leavened by the occasional boom - 2014 is shaping up to be a year of radical change for the digital retail industry. More so than ever, those who can't adapt won't survive the lean Q1 months ahead, so what changes lie in-store now that the tinsel's down and the profit warnings are looming?

We surveyed over 200 Heads of eCommerce and Heads of Social from across Europe and the United States to gauge their top strategic priorities for 2014. What changes will they be making? How will they be spending their budgets? What are their goals for the year ahead? Below are their top three responses: smarter promotions, innovative customer acquisition and generating real ROI from social. But, first, here are a few surprises from the survey.

  • Is this the end for old social? In previous years, we’d have expected to see lots of digital retailers and marketers focusing on growing their social audiences by adding 'Likes' and followers. But our survey indicated that only 4% of respondents regarded this as critical goal for the coming year, with the emphasis shifting towards monetisation of that audience instead (see below).

  • Money talks. Two


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