1. Interactive, Entertainment, Merchandising
Proprietary Video Programming Drives Sales: Key item marketing via
Web 2.0 technology and how retail-centric video drives sales,
enhances the brand, and delivers powerful emotional connections.
Video cited as extremely desirable
Retail Chief Marketing Officers, whether for multi-channel retailers or pure play
ecommerce sites, almost universally mention “video” as a desired site enhancement for
the coming year. A study by Future Merchants, Inc., shows that 67 of the Top 100 have
some form of video on their site. However, the adoption and incorporation of video
remains, at best, an inconsistent and difficult to sustain effort for most of Internet
Retailer’s Top 100.
Although retail as an industry seems to have responded to the CMO directive, there is
almost no consistency nor seemingly any emerging consensus on what type of video
programming to include, how it is accessed by the consumer, or how much video
represents a worthwhile investment. Nor do any of the Top 100 demonstrate a
consistently sustainable model which delivers fresh and relevant content with any form
of coherent frequency.
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