Tag Archives: Opinion

Jul 15 2025
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Creating strategic friction through experiential to harness sales

The in-store shopping experience has emerged as a critical differentiator for physical retail, where shoppers have increasingly high expectations. Creating an enhanced in-store experience is standard practice within many retailers, in particular with the considered purchase sector.

Exceptional customer service remains high on the list for customers, with knowledgeable, friendly, and proactive staff playing a crucial role in guiding and assisting shoppers. Our own research has shown what matters to shoppers with 60 per cent wanting a pleasant retail environment, while 42 per cent of people want to speak to knowledgeable staff. However, it may come as a surprise to many of you that consider your store to be the best customer experience for your customers; whilst 75 per cent of us prefer to shop in person, it’s shocking to realise that only 9 per cent are usually happy with their in-store experience. 

Audiences today are demanding more from their in-store experience, and for good reason, because 73 per cent of consumers consider experience as an important factor in their purchasing decisions, behind price and product quality. It’s not just the experience in-store that counts either, because getting your brands involved to support you to help enhance the shopper journey could help you tap into the 91 per cent of consumers who confirmed they would feel more optimistic about a brand’s product or service after actively participating in a brand activation or experience.

When you consider that your opportunity to grab the attention of shoppers is between 5-180 seconds, your displays and how visitors are greeted and served is essential in converting browsers into shoppers. 

Retailers that offer immersive experiences can see a significant increase in dwell time and average basket size, particularly in consumer electronics and home appliances. So creating strategic friction to not make the customer feel rushed, is becoming increasingly welcomed, as is personalisation, as two-thirds of shoppers are more likely to spend with brands that offer personalised in-store experiences, using data and relevant content that relates to them. 

Experiential marketing has a profound impact on consumer purchasing behaviour, with 85 per cent of consumers more inclined to buy after attending a live marketing event. It not only attracts new customers but also fosters loyalty, with 70 per cent of consumers becoming regular customers after an experiential marketing event. A significant 65 per cent of brands acknowledge that experiential marketing events are directly related to sales success, underscoring the strategy’s effectiveness in driving revenue. 

At the intersection of where retail meets experiential, the lines are often blurred and occasionally the term experiential is referenced when in reality there has been zero positive impact to the consumer based on their experience. The need to create retail theatre that is proportionate to your audience and outlets where you sell your products is critical to your experiential success. The online experience therefore needs to match the experience in-store and seamlessly connect, as this may be the customer’s starting point. At the point of purchase, the moment the consumer steps in, the experience begins, not merely when they begin to browse, look, touch, or listen. The customer journey should reflect you and the brand’s advertising and create a pleasurable experience, which reflects positively on both retailer and brand to create buyers and long-term advocates of your brands and repeat customers to your store.

The experience should include real-life user scenarios, not the dream glossy lifestyle magazine, because we don’t live that way. We inhabit homes that have clutter and move at the pace of a growing family and therefore the customer relates to the achievable and not the unobtainable. It’s great to instill aspiration and keeping up with the Joneses but keep it real and relatable so that it resonates with the customer. This creates an experience worthy of their hard-earned cash, because when it comes to the considered purchase sector, there is no greater enemy to a brand than a poor customer experience.

To read the published article by Dan Todaro, Gekko Group CEO, please visit ERT

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Jun 20 2025
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The nostalgia trend: Why do companies revive old brands?

A cultural institution in the 90s, defunct in the 00s and making a comeback in the 20s. MFI Furniture is set to relaunch on the British high street after owner Victorian Plumbing revealed plans to relaunch the brand in early 2026, promising a refresh without the frustrations of long online queues or dynamic pricing. Other legacy brands such as Comet and Debenhams have also relaunched in recent times, capitalising on a trend of nostalgia sweeping across retail. But what’s behind this retro revival? Are these brands filling a gap that British retail is missing – or, like the Gallaghers reforming Oasis, simply cashing in on the feel-good factor of our youth?

Why do companies revive brands?

Founder and CEO of OnBuy Cas Paton, the company which is behind the revival of electronics brand Comet, stated that the company’s decision to revive the brand was driven by a genuine appreciation for its place in British retail history.

“For many, Comet represented more than just a store. It was a trusted destination for technology and home appliances and a name people grew up with. We saw an opportunity not just to revive a brand, but to reimagine it for a new era. This was about honouring a legacy while creating something meaningful and relevant for today’s consumers.

“Comet is a name that resonates deeply with generations of UK consumers. It carries a legacy of trust, value and expertise, but it never fully realised its potential in the digital space. Despite its absence from the market, the brand still enjoys significant recognition and goodwill, which is increasingly rare in today’s retail landscape,” he says.

However, Daniel Todaro, CEO of marketing consultancy Gekko and Isobel Grad, strategy director at brand and design consultancy Elmwood, believe that relaunches like this are just looking to capitalise on the nostalgia attached to these brands. Daniel Todaro, CEO of marketing consultancy Gekko, believes that revivals happen because people do not like change and that they relate to brands which have a nostalgic element to them. “The brand reminds you of your childhood or it reminds you of going there to buy your first suit or all the other kinds of personal moments in your life,” he says.

Grad agrees stating “in these chaotic and unprecedented times, nostalgia acts as a welcome comfort blanket, giving us a feeling of continuity and security, and for retailers, bringing back a lost, once much-loved, brand can be a lucrative move.”

Todaro notes that this nostalgia gives the brands a leg up as they already have brand awareness despite effectively being a new company. A brand new company would have to spend a lot of time and money establishing itself as a brand that people were aware of and trusted but a brand like Comet or Debenhams already has recognition and a certain expectation from consumers.

Vicky Bullen, CEO at design agency Coley Porter Bell states that “consumers already have a deep-seated emotional connection with a brand that they may have known from their younger days. People already know what these brands stand for, they already understand its place in their lives meaning that less investment is needed to re-establish a brand than to start afresh with a new brand.”

For Paton, reviving an old brand is about more than just bringing back a familiar name. “Consumers are increasingly looking for credible alternatives to the dominant players, and Comet gives us a powerful platform to take on some of the bigger players in consumer electronics like Currys and Amazon. Backed by OnBuy’s marketplace infrastructure, we’re creating a fresh, competitive environment that will offer better value, more choice, and a renewed focus on trust,” he states.

Is it really the same brand?

Often, revived brands return in name only. Debenhams, for example, now exists solely online under Boohoo’s ownership, and functions more as a rebranded sub-label than a department store chain. Todaro believes this can cause confusion amongst people who were not already familiar with the fact that Debenhams was already a sub brand of Boohoo.

Similarly, revived brands risk falling short of nostalgic expectations. Consumers may associate names like Comet or MFI with a certain quality – one the new incarnation may struggle to match. In some cases, customers may even overestimate how good the original brand was, further raising the bar.

While legacy recognition can provide a shortcut to market, it also opens the door to harsh comparisons that new brands don’t face. And some shoppers may hold negative associations from the past, making them less willing to give the new version a chance. “If a company is trying to replicate a brand as it was back in the day, then the danger is you it’s potentially not going to be as people remembered it,” says Todaro.

Does the nostalgia trend say anything about wider society?

This revival trend extends beyond retail. Many clothing and fashion brands have been designing and selling clothes taking inspiration from the fashion of the 90s and the Y2K era of the early to mid 00s. It is also not just specific to fashion and extends into the revival of vinyl. It is not solely specific to retail either, numerous movies or TV shows from the past have been rebooted or been given sequels suggesting nostalgia in retail is merely reflective of a wider societal trend where we have become more nostalgic than previous generations. “We are a society facing big challenges, cost of living worries, a world full of war, and political upheaval here and abroad. All these things make people yearn for simpler, better times. Nostalgia is born of that,” Bullen explains.

“I think we are more nostalgic than in the past because we’re all looking for something secure and comfortable. We are in a society now where things cost more money, it’s more difficult to live and to make ends meet. We end up in households where our kids stay with us much longer. We end up in households where students don’t necessarily go and live away from home. We see nostalgia as comforting but it’s also value for money. We like to invest in the things that we think we know well and trust,” agrees Todaro.

What comes next? Woolworths?

The consensus seems to be that until things change, nostalgia is here to stay. Both Bullen and Todaro suggest it’s a likely candidate for revival. As generalist retailers like Wilko disappear and WHSmith undergoes rebranding, there may be space for a trusted high street name to return.

Todaro posits that the loss of Wilko on the high street and the imminent rebrand of WHSmith opens the door for a more generalist kind of shop to return. He also believes that the fact Poundland is looking to cut back on space and is potentially looking to sell could make the demand for Woolworths even higher. “If Poundland was to disappear off the high street, there would be no retailer left that you could go into and buy a bar of soap and a packet of screws,” he says.

Overall, it remains to be seen if this model has any longevity once the initial burst of nostalgia fades. Any company which chooses to revive a legacy brand will have to ensure that it has planned for what comes after this otherwise the brand will be condemned to repeat history.

To read the published article featuring comments by Dan Todaro, Gekko Group CEO, please visit Retail Sector

Photo by Mike Bird

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May 28 2025
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The Retro Revolution

Like fashion, interior design cycles through eras and defines consumer trends that filter through to consumer electronics and more so MDA categories and right now, the dial is firmly tuned to ‘Retro Revival’. This isn’t just about dusting off relics; it’s a vibrant movement injecting an individual’s personality into our homes by cleverly marrying the distinct aesthetics of decades past with the smarts of today’s technology. After years where clinical minimalism often reigned, there’s a clear craving for spaces that tell a story, feel warm, and express individuality.

Increasingly, consumers are seeking out items – for their living rooms,kitchens, and even their family rooms or dens – that offer both stylish throwback appeal combined with totally modern performance. Finding these unique pieces is easier too, thanks to the booming move for used furniture in the UK. This market is predicted to reach £1.1 billion by 2027 after huge 40.8 per cent growth (2022-2027, GlobalData). Buying secondhand also helps people find unique items at affordable prices and is good for the planet. It shows people want unique styles – Pinterest saw searches for “Vintage maximalism” jump by 260 per cent this year.

This love for character is showing up in kitchens too. Instead of just white or grey, cabinets that have dominated interior design for the past decade, they are becoming colourful and random. Recent Houzz UK figures show greens (used by 21 per cent for lower units) and blues (16 per cent) are popular choices, often matched with wood finishes (seen in 14-18 per cent of worktops or cabinets). Eye-catching appliances are key: like fridges in bright colours are popular centrepieces and give the kitchen a focal point that becomes a conversation piece, often alongside matching small gadgets like retro-style toasters and kettles. Retro on the outside but pack all the latest tech inside.

The trend is to move away from white, off white and great and move towards a more colourful pallet based on today’s colour pallet making them still on trend – Pinterest reported searches for “Cherry vibe” were up an amazing 325 per cent. Without doubt the most well-known brand for retro appliances is SMEG, with their range of refrigerators plus an array of other retro-style appliances and SDA ranges including kettles, toasters, and coffee machines. 

Vintage is in

There are other brands offering the same and arguably at a more appealing budget suitable to all pockets like Swan who offers a comprehensive “Retro Range” with kettles, toasters, microwaves, slow cookers, and so many more, often in a variety of colours and at a more accessible price point.

It’s not just how our homes look – it’s the sound as well. Vinyl records have been making a huge comeback for a while. UK sales hit 6.1 million LPs in 2023 – an 11.8 per cent increase and the highest since 1990 (BPI/ WhatHiFi). People enjoy holding the record, the process of playing it, and the warm sound quality vinyl is known for. At the same time, the classic radio is getting a stylish, modern makeover. Brands like Roberts Radio and Pure do this well, creating radios like the ‘Revival Icon’ that have that great vintage look but include modern features like digital radio (DAB+), streaming, and smart connectivity.

As with every decade, styles and tastes evolve to match the zeitgeist and it seems that ‘Retro Revival’ is clearly more than just a short-term fad. The move to creating unique and personal looks as an extension of a person’s personality is especially important in today’s fast-paced world where social media is crowded with copy cats. It’s not about copying the past exactly, but about carefully curating styles with today’s features we all need and want in our homes.

As designers keep coming up with new ideas and user cases create needs that have not yet been imagined or invented, expect to see even more interesting ways that merge past styles and future tech, it seems that taking inspiration from the past is helping us create better spaces for the future.

To read the published article by Dan Todaro, Gekko Group CEO, please visit ERT

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Mar 26 2025
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How retailers can thrive by connecting with their communities

The UK retail landscape is undergoing a rapid transformation; while e-commerce continues its growth, physical stores still hold a significant appeal. However, simply having a presence on the high street is no longer enough. Large retail chains often demonstrate a disconnect from the needs and wants of local communities, frequently using financial difficulties as justification for store closures, and neglecting the potential for community engagement to drive growth and brand loyalty.

This echoes a broader trend where many retailers have lost the innovative spirit that once defined the industry, failing to understand why customers are choosing to shop elsewhere. Offering a dull, unengaging experience simply won’t cut it in today’s market, where consumers crave experiential retail to capture their imaginations. A recent Shopify study found that 35 per cent of shoppers prefer this type of experience, yet many retailers fail to even engage with basic strategies like embracing seasonality.

Local marketing in a digital age

So, how can local independent retailers succeed where large corporations have failed? Local businesses have the opportunity to connect with their communities in a unique and resonant way; this is crucial because consumers are actively seeking local connections. Data highlights the importance of online visibility and strong customer reviews:

  • Around 80 per cent of consumers search for local businesses on Google
  • 76 per cent of “near me” searchers visit a store within a day
  • 88 per cent of smartphone users searching for local businesses visit one within a week (Backlinko)
  • 96 per cent of small businesses use social media for marketing and 78 per cent depending on it for revenue (Cropink, Synup)
  • 78 per cent of shoppers research products on social media before purchasing (Synup)
  • 98 per cent of consumers read reviews about a product before purchasing (Forbes).

These statistics underscore the vital role of a strong online presence, positive reviews, and active social media engagement. Comments and likes can drive online traffic and influence purchasing choices.

Today, local marketing matters more than ever. And several factors contribute to its increasing importance:

  • “Near me”: The rise of location-based searches indicates high purchase intent, making local SEO optimisation crucial
  • Personalisation: Local marketing allows retailers to tailor their offerings to the specific needs of their community
  • Connections: Becoming an active part of the community through sponsorships and partnerships enhances brand reputation
  • Competition: Local retailers can differentiate themselves by offering a personal touch and community connection that online giants struggle to replicate
  • “Shop local”: Consumers are increasingly aware of the importance of supporting local businesses, creating an opportunity for retailers who actively engage with this sentiment.

Implementing effective strategies

There isn’t a one-size-fits-all approach; retailers need to develop marketing strategies that align with their specific business goals and target audience.

So a tailored approach is essential, but here are some key tactics:

  • Optimise your Google My Business profile: Ensure accuracy and completeness, encourage reviews, and respond promptly
  • Local SEO optimisation: Use location-based keywords in website content and build local citations
  • Run targeted social media campaigns to reach local customers
  • Engage with local influencers: Partner with local figures to expand reach and build credibility
  • Community involvement: Participate in local events and support local causes
  • Offer in-store exclusives: Drive foot traffic with exclusive deals
  • Share news and community initiatives with local publications.

In an increasingly digital world, local marketing provides a critical link between retailers and their communities. By embracing these strategies, UK retailers can not only survive – but thrive. Local marketing is not a fleeting trend; it represents a fundamental shift in how businesses connect with customers. Retailers who prioritise local engagement, personalise the customer experience, and build strong community connections will be the ones who succeed in the evolving retail landscape, understanding that in the age of global commerce, local is the new global.

To read the published article by Dan Todaro, Gekko Group CEO, please visit ERT

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Dec 04 2024
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Retail Roulette – Why Black Friday and Cyber Monday discounts are a complete gamble for retailers and consumers alike

It’s official – long gone are the days of the standalone Black Friday and Cyber Monday discounts. Now, securing sought after products at the best price is becoming increasingly chaotic for consumers, with prices fluctuating during a number of weeks across the Golden Quarter. Forget deal or no deal, it’s more like deal or disappointment for consumers, leaving much to be desired in terms of results for retailers.

Experts from retail marketing consultancy Gekko have utilised their GWS Price Analysis Tool to do the heavy lifting, crunching the numbers to analyse average prices in categories including consumer electronic products and household goods, across major retailers, including AO, Argos, Currys, Harvey Norman, and John Lewis. The results identify the true rollercoaster retail landscape during the busy discounting period.

The analysis, which spans the weeks before and after Black Friday and Cyber Monday 2024, reveals that Black Friday and Cyber Monday is not always the best day to secure the best deals, with prices in some categories plummeting from the middle of November onwards.

In the wearable technology category, this year’s Black Friday sales at Currys saw a notable shift, with a reduction in product variety, but an increase in value for shoppers. Gekko’s analysis reveals a significant decrease in the number of SKUs, dropping from 456 in 2023 to 342 in 2024 – an overall reduction of 114 products.

Alongside this streamlined selection, prices have decreased in wearables. The average price of a wearable this year came in at £287.80, down by 8.55% compared to 2023’s average of £313.83. The approach of offering fewer products while increasing promotional impact reflects how a retailer like Currys is refining its strategy to balance consumer preferences with enticing deals to consumers.

In John Lewis, the LG 77-inch OLED TV serves as a perfect example. Initially sold at its full retail price of £4299 throughout October, the TV was heavily discounted in early November, dropping by 30.2% to a retail price of £2999. This product then sold out in mid November before returning to stock in time for Black Friday, back at the original full price of £4299. By monitoring price fluctuations, consumers may be able to cash in on early discounts, like the 30.2% savings on this LG TV, instead of waiting for Black Friday, when prices may climb back to full retail.

The hustle between Black Friday and Cyber Monday is enticing for consumers, but some products saw sharp increases compared to their Black Friday prices. For example, a Fridgemaster Compact Fridge on AO rose in price from £125 on Black Friday to £139 by Cyber Monday, representing an 11.20% increase, which may have frustrated shoppers holding out for better deals. Just a day after Cyber Monday, Gekko’s GWS Pricing Analysis Tool revealed new shifts in AO’s pricing. By 3rd December, the Fridgemaster Compact Fridge had dropped slightly to £134, still higher than its Black Friday price of £125, but lower than the Cyber Monday price of £139.

With the fluctuation in pricing, savvy shoppers may start employing various techniques to ensure they get the best deals on offer across the whole Black Friday discounting period. By buying early and then monitoring price movements, shoppers may well return and rebuy an item if the savings are too good to ignore.

Talking about the unpredictable retail discounting period across Black Friday and Cyber Monday 2024, Daniel Todaro, CEO at Gekko Group, said: “It’s been a tough year for everyone, and making products even more affordable could help to boost sales in the face of the cost-of-living crisis. Timing is everything, and while retailers adjust their prices based on demand, consumers that have shopped around will likely walk away with the best rewards.”

Offering additional advice for bargain hunters, he added: “The unpredictability of these pricing trends underscores the value of retail monitoring tools like Gekko’s GWS Pricing Analysis service, helping provide smarter insights to understand shifting consumer demand, and adapting their strategies to remain competitive across the busy golden quarter.”

To read our published article, please visit Retail Focus

Photo by Max Fischer from Pexels

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Nov 20 2024
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Why digital shelf analysis is the key to Black Friday success

After another year of squeezed personal finances and lacklustre sales, retailers and brands are hoping for the biggest Black Friday ever to boost sales and profitability.

Last year, consumers spent £3.45bn over the Black Friday weekend, with 66% of purchases estimated to have taken place online. With fierce competition for a share of the Black Friday pie, brands need to ensure that their digital footprint is shipshape before the frenzy begins.

Getting your house in order

While pricing is important, it is not the only thing that brands need to consider – particularly if they have big-ticket items on offer. For brands that work with multiple third-party retailers, the chaos surrounding Black Friday means that ideal positioning, product descriptions and images can fall by the wayside – but this can lead to a disjointed experience for consumers.

When consumers are faced with multiple deals and a wide range of product options across multiple retailers, consistent presentation in digital merchandising is critical for avoiding confusion. Trying to compare different but similar products – or the same products across different websites – becomes much more challenging when descriptions, specifications and images are inconsistent, potentially losing sales to brands or products which are better aligned across platforms.

Certain elements, particularly description and images, are also critical for search, so it is important to ensure that your digital merchandising is on point so that potential customers find your product in the first place.

But, for brands working with multiple retailers, reviewing and tracking how products are presented manually can be a huge – arguably impossible – undertaking, so finding a digital shelf analysis or web-scraping service that can automate part of the process can significantly help when it comes to getting your house in order.

By tracking, collating and analysing data on your products, brands can identify where standards may have slipped or information vital for consistency and searchability is missing, and approach their account managers in good time – before the Black Friday chaos begins in earnest.

Thinking beyond the self to the wider shelf

During this discounting period, competition is fierce. When it comes to analysing your brand’s digital merchandising performance, it is critical that you think beyond consistency, stock levels and presentation, and consider the whole shelf.

If you are already undertaking analysis of your brand’s positioning, consider the value of analysing the whole shelf. How do your products stack up against your competitors? Maintaining your own marketing strategy is critical, but at a time when prices are constantly changing, it is important to know where you stand.

This is where digital shelf analysis that tracks not only your own products, but the competitors can really come into its own, helping you to create a real-time competitor strategy. Combining data from web-scraping with retail expertise will enable you to respond to competitors’ activity with your own at the right time and across the right platforms.

Staying one step ahead

Third-party retailers are juggling data from all their brands, and relying on their feedback could leave you behind the pack. Everyone wants a piece of the Black Friday pie and when the chaos hits, you’ll want to be armed with real-time and past data that can help you stay consistent and searchable and reactive to competitors.

Based on an analysis of data from GWS, our proprietary analysis tool, retailers started discounting from mid-November last year – and some of the biggest deals for consumers hit before the Black Friday weekend started. Equipping yourself with actionable information will allow you to be competitive when it counts, allowing you to cut through in an increasingly fragmented and challenging environment. 

To read the published article by Toby Stupples, Client Delivery Director please visit PMW

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Nov 18 2024
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Digital shelf analysis: The secret weapon for brands this golden quarter

In Britain, 67% of consumers plan to spend the same or more than last year during the 2024 golden quarter1 so brands will need to pull out all the stops to get their slice of the pie, particularly when it comes to sales and marketing strategies.

With huge retail events like Black Friday and Cyber Monday on the horizon, plus the flurry of activity surrounding Christmas gifting, having clear visibility of online activities and transaction success has never been more crucial for brands and retailers.

Smart shelf analysis with Gekko’s GWS

Maintaining a clear overview of inventory online has become harder due to capacity and sheer volume of points of sale. Online, data analytics is transforming the ways brands monitor data about both their own products and the others on the shelf, providing insights that help improve performance and the overall customer experience.

Digital shelf analysis is a secret weapon in helping brands understand what’s working, and what’s not. New tools and enhancements like GWS from retail experts Gekko provides brands with clearer visibility of metrics from retailers such as share of voice, pricing, stock availability plus ratings and reviews, providing visual and actionable insights to enable brands to maintain market share and execute strategic marketing objectives.

GWS helps brands to monitor, manage and review e-commerce performance across selected retail platforms, gathering digital shelf data from specific retailers and presenting it back in an easy to digest dashboard. In turn, this data helps brands to understand their performance against the competition, including monitoring and reporting on sponsored positions to understand which brands are investing with which retail partners, providing crucial information to better manage strategies, partners and product listings.

By monitoring how products are presented, these tools also help to enhance the customer purchasing experience online, as it allows brands to ensure that descriptions, images and positioning is consistent across third-party retail sites. Additionally, with customer reviews and star ratings of products being some of the biggest factors in converting sales online, web-scraping assists in constantly checking and maintaining the display of this information to enhance the purchase experience, and ultimately help to gain market share over competitors.

Maintaining the competitive edge

Despite Black Friday maintaining its position as the most anticipated retail event of the year, it is becoming more diluted than ever before. Coupled with high inflation and the continuing cost-of-living crisis, brands need to secure a competitive edge.

As many consumers are now making split-second purchasing decisions based on price rather than brand preference, retailers also need to consider how they respond. Unlike other web-scraping tools, GWS offers analysis of the full digital shelf, allowing brands to track real-time competitor activity and establish a strategy to maintain competitiveness, particularly at this time of year, when costs fluctuate so frequently.

Price monitoring via e-commerce platforms can provide last minute insights for brands to track prices and share of shelf against competitors to ensure they are offering the most compelling deals and packages; a clear advantage amid the deals battles of Black Friday and Cyber Monday, and across the omnichannel strategy.

Analysing the full spectrum of shelf availability provides a great overview of stock requirements in line with demand. Additionally, it provides clear and precise predictions many months in advance of seasonal discount days, like Amazon Prime Days, Black Friday, Cyber Monday and the Christmas gifting season.

Stamping out the competition for success

With this in mind, the best way to get ahead is to plan ahead. Having a full view of a product’s retail landscape and that of its competition provides brands with the information needed to negotiate with retailers for better pricing and placement throughout the year – but it is vital during the golden quarter.

Competition from other retailers and brands limits how successful traditional calendar events like Black Friday can be. So, brands need to get a leg up on the competition by taking a holistic view of the entire shelf, and adjusting their activity and pricing accordingly. This way, they can secure a higher return on investment, along with a wider understanding of consumer behaviours and the ever-changing market.

To read the published article by Toby Stupples, Client Delivery Director please visit Retail Sector

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Oct 25 2024
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Reaching the Peak

The Golden Quarter for retail is upon us and hopefully, by the end of the year, the figures will be reporting a successful Christmas period for retailers and pointing towards an even rosier outlook for 2025. Since the last retail peak season we have had a change in government and there is noise that the intention is to introduce economic policies designed to boost disposable income, including raising the minimum wage and public sector salaries. The potential increase in spending power for some is offset by the worry for many that increased taxation will mean the cost of living crisis will continue to leave its unwelcome mark.

Alongside this Labour has also pledged to reform the business rates system, which is a major burden for physical retailers. Their proposed new system of business property taxation aims to reduce costs for high-street shops, levelling the playing field between brick-and-mortar stores and online retailers. This is expected to reduce operational costs, allowing businesses to invest more in customer experience and competitive pricing.​

Focus on revitalising the High Streets will be very much welcomed, whether through the aforementioned reduced taxation for brick-and-mortar stores or measures like introducing banking hubs and cracking down on shoplifting by increasing police presence. These efforts are designed to create safer, more vibrant shopping environments, which could attract more foot traffic and increase sales for local businesses​.

The reality though is that it’s too early to say what impact the new government will have on the fortunes of the retail sector in the UK, so retailers need to focus on maximising the opportunities that the peak season presents, seeking wherever possible to boost sales and leave a positive lasting impression with customers. The challenge is tough. While high inflation is perhaps not the worry of 12 months ago, rising living costs are still very much having an impact and then there are factors such as staffing challenges and store closures. To ensure a successful golden quarter, retailers must take a strategic approach. By prioritising adaptability, customer engagement and operational efficiency, retailers can stand out and remain competitive, even as consumers potentially cut back on spending.

Success during this time also demands careful planning, strategic insight, and perfect execution. Without proper preparation, retailers risk missed opportunities and unhappy customers. To make the most of the peak season, it’s essential to start planning early. This involves setting pricing strategies, organising promotions, staffing, launching marketing campaigns, and making any necessary operational adjustments, such as embracing digital transformations or strengthening supply chain resilience.

First and foremost, adopting an omni-channel approach that seamlessly blends online and offline shopping experiences is essential. Offering customers the flexibility to research, purchase and receive products across multiple channels ensures a smooth and convenient shopping experience. This should be viewed as a long-term strategy, not a short-term solution, as it creates a strong foundation for attracting, converting, and retaining customers. 

Another overlooked strategy which has caused a lot of customer irritation for many retailers and online stores during a Black Friday or an event is website load capacity. We’ve seen it countless times where websites have crashed on the customer due to an overwhelming amount of traffic to the site, this in turn can cause a spiral of negatives, ranging from loss of sales, loss of customers and negative reviews. It’s 2024, there shouldn’t be a situation where the website is overloaded and subsequently crashes due to traffic load, this is a recurring theme for many businesses and sites and needs to be taken seriously in the planning stage. 

Investing in technology is key to enhancing the online shopping experience for your customers and it can also provide a significant advantage for retailers. Improved website functionality and optimised mobile responsiveness can help create the seamless omni-channel experience retailers aim for. This combined with the website reliability/stability that comes from investment, will set your website apart from the crowd. Additionally, emerging technologies like AI-powered assistance, virtual try-ons, and AR options can further elevate the experience by allowing consumers to visualise products in their own homes.

Offering targeted promotions and discounts to drive sales during the golden quarter is a proven strategy, but it’s crucial to know when and when not to discount. Retailers might consider bundling products, offering exclusive deals, and leveraging loyalty programmes to encourage repeat business, these promotions are by far the most common ones implemented, however, there’s been a rise in alternative promotional discount incentives such as tiered discounts, which are seen more and more with the basic concept being progressive discounts to entice customers to spend more, e.g. 10% off for £50 spent, 20% off for £100 spent. Another seemingly popular promotion is the flash sale. These limited-time discounts create a sense of urgency, which can generate excitement and increase traffic. You’ll see a lot of these flash sales with Amazon and their Prime Day, where offers can last up to an hour or until stock runs out. However, as much as these promotions can boost demand, it is essential to plan ahead and ensure a strong, stable supply chain to avoid disruptions. Building supply chain resilience is key to meeting customer demand, so where possible, consider diversifying suppliers to safeguard product availability.

Retailers offering online sales will have already put careful thought into their delivery and returns policies. However, as peak season approaches, it may be time to reassess. Were there any lessons from last year? Free returns are highly valued by many shoppers and could give you an edge over competitors. As we’ve seen recently, there are countless businesses that are charging for returns now, usually in the form of passing the postage cost over to the customer, which re-emphasises how much customers value free returns and the edge it can give you over your competitors. However, managing the increase in orders can strain customer service teams. Whatever approach you take, it must be clearly communicated to customers and streamlined to ensure a smooth, integrated returns process.

Effective customer service is essential, and it’s crucial to equip staff with the skills needed to deliver outstanding service both in-store and online. Well-trained employees can significantly improve the shopping experience and foster lasting customer relationships. In the world of the internet where all information is at your fingertips many shoppers will have already researched before entering stores, so simply repeating what’s on the display POS won’t be enough. Empower sales advisors to impress customers with their expertise, advice, and recommendations, making the customer feel like they’ve made the correct decision in coming into the store. Moreover, taking care of your team and ensuring they feel valued at work will not only improve retention but also lead to more positive customer interactions, enhancing the overall shopping journey and encouraging repeat business.

Finally, retailers should explore the support their suppliers can offer. Many brands are keen to assist with a range of activities such as product training, promotional efforts, or additional brand ambassador staffing, in-turn it not only boosts sales of their products but also benefits your business in the process.

As we know, consumers will have no shortage of options for where to spend their money, so it is pivotal that retailers go the extra mile to stand out. Whether this is through engaging marketing— through store representatives, training, or merchandising— all of which can help ensure customers know who you are and why they should choose your products. Once you’ve captured their attention, loyalty and long-term success will follow, extending well beyond the holiday season.

To read the published article by Dan Todaro, Gekko Group CEO please visit ERT

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Oct 03 2024
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Customer Loyalty

“Lasting loyalty is underpinned by the customer experience – so from start to finish, it is critical that brands meet consumers’ needs. But true loyalty needs to be earned, not forced and that is where many brands are currently at the top of a slippery slope. We are currently seeing a shift from a points-based reward system to membership offering reduced pricing at the point of purchase. This forces customers to join and become ‘loyal’ so that they can access products at promotional prices. It is becoming a necessity rather than a choice, which has a knock-on impact on the customer experience and scuppers the ability to build long-term, authentic, two-way relationships, relying merely on pricing to keep customers coming back. While it may be popular, moving to an app-only loyalty system could also be bad for business, as it alienates and excludes some customer groups. Those who do not have a smartphone or know how to use one – typically vulnerable consumers – are not able to access the same deals as smartphone savvy shoppers. This level of digital ageism and ableism is not inclusive or conducive to loyalty. In addition, the growing trend for ‘dumb devices’ amongst younger consumers who are avoiding digital noise is creating another new segment who would not be able to benefit from an apponly loyalty programme. Brands should offer everyone the same experience of loyalty, however they choose to engage. Giving customers options is crucial for building lasting customer loyalty, whether via a loyalty programme or through their browsing and purchasing interactions. Providing choices ensures that customers feel heard, seen and understood, building much stronger long-term relationships. Instead of forcing loyalty, give consumers a reason to keep coming back and avoid digital exclusion that will eventually see them abandon your brand in favour of others.” – Daniel Todaro, CEO at Gekko Group

To read Daniel Todaro’s, CEO at Gekko Group Comment, please visit A1 Retail Magazine

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Sep 13 2024
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Retail Reboot: Transforming Likes into Sales with Digital Marketing

Callum Puffett, Digital Marketing Manager at Gekko looks at some of the tools that can be utilised to help retailers of all sizes get a foothold on the Digital Marketing ladder to help improve their brand visibility and most importantly drive traffic. 

The Importance of Social Media

Today, digital retail marketing is crucial for brands to connect with customers. It means creating attractive online experiences that show products, build trust, and boost sales. It can encompass social media, search engines, emails, and online stores to, most importantly, help brands reach customers where they spend their time. In short, it’s an unavoidable tool for retailers looking to broaden their reach and communicate more effectively with their target audience, and crucially can greatly increase a retailer’s visibility and revenues.

Furthermore, a well-considered Digital marketing strategy allows small and medium-sized retailers to take on much larger competitors, even with limited resources. Small-budget retail marketers can conveniently promote their brand globally and reach consumers across the nation with ease.

Talking of small budgets, one of the easiest and cheapest gateways into digital marketing is social media. Social media channels can and should be used by almost every business, especially by ones wishing to talk to consumers, but their effectiveness varies depending on how they are utilised. Research conducted by LOCALiQ surveyed more than 500 businesses on the importance of certain tools; for Social Media Marketing the survey stated that 40.3% of businesses find it somewhat important with 46.6% indicating it is very important, indicating that the vast majority of businesses find it to be a very pivotal tool. This is also shown in their spending, as 31.3% of businesses will spend between £1,000 and £5,000 on social media advertising, with another 22% spending more​. These social media advocates appear to be most heavily invested in Facebook, allocating 24.4% of their budget to the platform, followed by X(16.4%) and Google (13.8%)​​.

In terms of the Return on Investment, when effectively utilising the tool it was shown that 73% of marketers find social media marketing to be cost-effective with the average ROI for social media ad campaigns being 250%​ according to (The Goat Agency)​​ (MarketingScoop)​.

Content is King

Most readers will no doubt be using social media as part of their marketing strategies and I’m not going to run through a list of the platforms available and their merits. But whatever opinions, statistics and case studies there are on social media marketing working for other businesses, these don’t help you make content that will sell your products or engage with your audience. Content is king and whether you choose to create it in-house, rely on the hopefully professional output of the brands you stock or a mix of both, making it appealing, engaging, effective and consistent is fundamental. Employing someone to manage this for you will make a real difference but that will come with a cost. Moreover, will they have all the creative and technical skills to create this content from scratch?

Rewind 5 years and the task could be overwhelmingly challenging. Fast forward back to the present and we now have a potential ally in the form of AI. You can now generate an idea into a finished product in 15 minutes with the help of AI. Businesses can now implement AI to assist them with their social media marketing, from creating content to writing copy to even analysing statistics. Need an Instagram post that talks to Gen Z or a LinkedIn post that is more B2B focussed? AI can very easily and rapidly adapt the approach and tone.

It can be a real lifeline for these smaller retailers that don’t have the budget of these bigger businesses. There’s a whole plethora of AI tools out there that will assist your business in the Social Media Marketing world and these can be cost-effective with many charging a reasonable monthly subscription. You will no doubt have heard of ChatGPT but there is a new kid on the block in the form of Gemini from Google that is currently being marketed on TV by the brand. 

Gemini in itself is very similar to ChatGPT but offers better integration with the whole Google Ecosystem, whether that’s their online office suite or on the latest Pixel phone, you’ll have your own AI assistant everywhere you go meaning there’s no reason not to be able to generate engaging captions or product descriptions for your business. But AI doesn’t stop there, there are all sorts of AI tools and assistants ranging from ones that will create professional quality videos from a few words such as Lumen5. This AI tool will also provide voice-over for your content to provide that extra impact. Want to appeal to your Welsh-speaking customers? How about using Sonix AI to translate all your content in a flash? No longer is it an arduous task to translate and produce content in multiple languages. 

The beauty of all of these tools is that they can be used in harmony, whether that’s using Google’s Gemini to come up with a script for a video, then using Lumen5 to create the video with a voice-over, and if you want to go that extra step further you could even use more AI tools to translate the video to another language to further your reach via Sonix. Then to finish it up you could even use the AI tool Pixlr to help create images to accompany your social media post. The possibilities are endless. 

Helping your content be found

One of the most overlooked tools at the disposal of digital marketers is SEO (Search Engine Optimisation), something most will have heard of but not necessarily fully understand.  SEO can be the difference between having a steady flow of traffic to your website or being a non-entity when it comes to internet search engines, relegating your business down from the all-important first page on the likes of Google or Bing. 

SEO in simple terms is the practice of enhancing a website so it ranks higher in search engine results. This involves using relevant keywords, creating quality content, improving site speed, and ensuring a good user experience. The goal is to increase organic (non-paid) traffic to the site by making it more visible to people searching for related information or services. The importance of SEO speaks for itself when compared to PPC (pay per-click) as SEO delivers a higher conversion rate (2.4%) compared to PPC ads (1.3%)​ (WPBeginner)​. 

Most SEO implementations can be free to do, making it the most cost-effective tool. The simplest way to begin this process is to ensure keywords for each page on the website are appropriate. E.g. if you’re selling televisions or laptops use these as keywords. This way when anyone searches online and uses one or more of the keywords you have attached to your website page the chances of your website appearing on the first page of results is significantly higher than without SEO Keywords.

From AI to SEO, retailers have a whole plethora of tools at their disposal to assist with a multitude of tasks whether that is generating content to appeal to your target audience with the help of AI tools or even helping your brand get discovered more easily through SEO. By harnessing the power of social media, AI and SEO, retailers can significantly enhance their digital presence and achieve substantial growth.

To read the published article written by Callum Puffett, Digital Marketing Manager please visit ERT Online

Photo from ERT Online

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