The NPD Group says that teen spending is up 6-8% over last year. And, they’re buying what’s typical: fashion, lifestyle, electronics. I want to believe it, but I still don’t like what I’m seeing, reading and hearing about Back-to-School and the Fall 2010 retail season. Although the Discount/Variety store sector continues to have busy stores and monthly positive trends, there is much hand-wringing in the specialty and department stores.
The BTS period is highly compressed but is a harbinger for the Fall and Holiday seasons. With 09 comps so challenged as a benchmark but most having improved performance in 1st and 2nd quarters this year, many retailers bought product aggressively. And, of course, orders have already been placed for the balance of the year. Not surprisingly, we’re seeing pre-season promotions well before prior years. Check out the Washington Post article about Target, Toys R Us and Sears “Black Friday” sales.
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Just in time for Back to School campaigns, a practical demonstration of how online marketers can get the most leverage from Google Insights for Search – for free
With retailers and parents alike getting ready for back-to-school shopping, it’s a good time to remind ourselves of the need to do our own homework as marketers.
We’ve written before about third-party keyword research tools, which are irreplaceable for competitive research but also a considerable financial investment, especially for small to mid-size companies. Happily, anyone can use one of the best, deepest data resources available for search trends completely for free.
Cram Session: How to Use Google Insights for Search
Google Insights for Search is essentially a souped-up version of Google Trends, the search engine’s simple report on “Hot Topics” and “Hot Searches.” Beyond merely finding out what’s hot right now, the Insights tool offers the ability to analyze historical search patterns. You can track searches as far back as 2004 (further even than most paid tools) and quickly grasp the seasonality of particular keywords as well as entire market segments. Note that you’ll need to log into any Google account (you probably already have one via Gmail) to access certain features, like indexes.
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It’s not every day that a retailer encourages customers to try yard sales, thrift stores and comparison shopping to get their children ready for school, but that’s what HasbroToyShop does in a new email tracked this week. Clearly Hasbro, the #2 toy seller behind Mattel, has been thinking creatively about their customers’ experiences in challenging times, along with ways to sell more Play-Doh. Here’s a recap, along with a few takeaways.
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After a week’s worth of intense scanning, reading, searching and analyzing performance data, it seems Moms, Dads and kids are swiping their cards, so to speak. Click and conversion rates look to be steady to last year. Bad news: units look like they’ll be down. No shock. What we’re not seeing so far is a deluge of last-gasp, 50% off, get it now-or-never offers. There are lots of free shipping pricing experiments, but no game-changers.
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