Sunday, November 20, 2011

Cutthroat Competition: The Consumer's Best Friend

NY Times -- "As retailers battle to draw customers into their stores on Black Friday, online merchants are plotting a cunning ambush — offering an arsenal of mobile-only deals intended to pick off shoppers as they wait in line.

Not only can online merchants now offer a relatively annoyance-free alternative to shoppers stuck in crowded stores, but they can also even exploit the faster download speeds on free wireless networks promoted by retailers like Nordstrom and Macy’s. And most are throwing in free shipping. 

Last year, the online giants stole some of the Black Friday riches by offering early Web specials on Thanksgiving Day. But the move to mobile-only discounts — the specials will not be available on Web sites, in most cases — can lead to “a massive amount of share-stealing,” said Joel Bines, a managing director in the retail practice at the consultancy AlixPartners, “if I get just a small percentage to make a purchase standing in the store.”

And there is not much retailers can do to stop customers from checking out competitors, he said."

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