In less than 5 weeks and after years of preparation, the long-awaited Pan Am Games will begin, but sadly Toronto has missed a huge opportunity to leverage event retailing. In an era when product simply doesn’t sell itself and experiences reign supreme, successful retailers across sectors have been ramping up their efforts, like never before, to engage customers. Yet, Toronto’s Pan Am shop at the Eaton Centre disappoints. Event retailing Event retailing, more than a peripheral courtesy, is a very real revenue stream, directly and indirectly. Like off-site team shops, event linked retail is more than an opportunity to dabble[…]
Making retail personal
Retail should be personal. To be successful, a retail brand needs to make retail personal by connecting personally with each and every customer. Regardless of the retail channel – bricks & mortar, mobile or on-line – a brand’s personality and actions must speak to each customer in such a way as to tap into his or her secret desires and aspirations. When retailers occupy a niche market, where a bricks & mortar presence may not be feasible, and their chosen retail channel is on-line, making that connection can be difficult. There is no physical environment to engage and experience, no[…]