Forrester Research: Forrester Retail Insights Retail First Look: Research & Event Highlights From Forrester

 29 June 2004
Amazon.com Vs. Toysrus.com
Trouble in eCommerce paradise? You betcha. First, Toysrus.com sued Amazon.com for allegedly violating its exclusivity agreement. Now, Amazon.com is suing Toysrus.com for allegedly failing to meet the terms of its contract. Last summer, we predicted that Amazon.com would have partner problems as it grows into a gigantic retail portal -- though we didn't expect lawsuits this big.


Where You Can Find Us
Baltimore, July 14-16, 2004. Carrie Johnson will be speaking at Shop.org's "Best Practices in Online Merchandising" workshop.
New York City, September 19-21, 2004. Join our consumer industry analysts for Forrester's 2004 Consumer Forum, featuring JetBlue's CEO and Leo Burnett's CEO.


Summer Reading For Retailers
Retailers Adopt eLearning To Groom Smarter Store Associates
Nike Does It Right: Just-In-Time Training
Web-To-Store Winners: Wal-Mart Gets More Lift Than Target
Retailers That Win Consumer Loyalty
Smart Screens Diversify In 2004
How To Sell Consumer Electronics Online (European)
Why Leisure Travelers Book At Their Favorite Sites


Summer Reading For RFID SWAT Teams
BT Sets The Standard For Hosted RFID Offerings
Linking RFID And Global Data Sync


Worried About ID Theft?
You're not alone. Our research shows that 9% of US online consumers -- more than 6 million US households -- have experienced ID theft. These consumers become more worried and cautious about their online behaviors (see figure below). Read the research "Consumer Concerns Over Identity Theft And Fraud" to learn more about this trend and make sure your company is taking every step to protect customers and their information -- online and across all channels.


Consumers Worry About ID Theft
Consumers Worry About ID Theft

Search
Search Forrester's Web site.

 

To celebrate summer (vacation), I've decided to write some "Retail Postcards" to my loyal readers.

Postcard No. 1: Greetings from Chicagoland! I stopped here for a day to give a dinner presentation to a dozen retailers. We talked about the "Stepfordization" of the Web -- or how all sites seem to look the same with tabs, left-hand navigation, clickable catalogs, zoom, etc. I suggested they challenge conventional wisdom and explore how broadband consumers unlock new ways to deliver marketing, merchandising, and services online and across channels. I gave them summer homework to read our broadband retail research series, and I also suggested that they challenge their design agencies (which we just ranked in the Web Design Agency Shootout) to create sites that deliver truly differentiated customer experiences.



(link:doc id:34647) Postcard No. 2: Greetings from Bentonville, Arkansas! This town is hopping, as the Wal-Mart machine just keeps rolling. When the company is not busy rolling back prices -- and winning shoppers' loyalty (80% of US consumers say they're loyal to Wal-Mart, mainly due to its low prices and convenience) -- it's busy pushing through RFID tests and pilots. These two activities are closely related and extremely difficult to do. But Wal-Mart's CEO Lee Scott and CIO Linda Dillman know that by squeezing even more efficiency out of its supply chain with RFID, the company will be able to keep rolling back prices and enjoy continued growth. (Note to RFID-hounds: Search our site for "RFID" to find all of our latest research on this fast-moving subject.)

Postcard No. 3: Greetings from Portland, Oregon! Yes, I live here, and you might think it's weird to send a postcard from home, but hey, I love this city, especially when the roses are blooming! We're in the midst of a serious downtown retail expansion, so I spend a lot of time sniffing around various stores to see how traffic is flowing, what's selling, who's delivering great multichannel experiences, and who is using store technologies to their advantage. Turns out, retailers in Portland are doing some pretty nifty stuff. Kiehl's uses a CRM system at its POS to identify customers and make suggestions based on prior purchases; Nike is pioneering a cool associate training program called "Sports Knowledge Underground" to give salespeople the product knowledge they need to sell more footwear and apparel; REI just relocated its Portland store and is living proof that kiosks can work; and Saks Fifth Avenue delivers world-class customer experience through its store concierge and SaksFirst credit card programs. If you haven't checked out your own city's retail scene lately, make it a point to get out there this summer -- there are plenty of sights to see!

Enjoy the summer!



Kate Delhagen
Vice President, Retail Research

P.S. Send me a "postcard" with your retail research ideas or best practice examples. We're always looking for cool new paths to explore!



Research Referenced In This Issue

BT Sets The Standard For Hosted RFID Offerings (34838)
Consumer Concerns Over Identity Theft And Fraud (34736)
How To Sell Consumer Electronics Online (34625)
Linking RFID And Global Data Sync (34681)
Making Store Kiosks Work (33581)
Nike Does It Right: Just-In-Time Training (34669)
Prioritizing Retail Broadband Site Upgrades (16344)   
Retailers Adopt eLearning To Groom Smarter Store Associates (34147)
Retailers That Win Consumer Loyalty (34647)
Smart Screens Diversify In 2004 (34546)
The Future Of Amazon.com (16873)   
The Retail Point-Of-Service Transformation (33806)   
Wal-Mart Supports Its RFID Mandate (34540)
Web Design Agency Shootout (34612)   
Web-To-Store Winners: Wal-Mart Gets More Lift Than Target (34555)
Why Leisure Travelers Book At Their Favorite Sites (34772)


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