Monthly Archives: October 2010

From Data to Money

Source: O’Reilly … the stages of evolution a data product goes through to actually deliver value to customers. Data: You need it, but selling it raw is the lowest level of business. Warden writes “The data itself, no matter how … Continue reading

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ROI for the Fashion Industry

Source: Mashable (21 Oct 2010) The fashion industry has deep roots in traditional business practices and has been late to adopt new technology. Nearly every aspect of the industry relies on people rather than machines — everything from hand-sketched designs … Continue reading

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DIY startups get funding

Source: VentureBeat Companies that let customers design their own products are becoming the next big thing. Just three months ago, I wrote that this trend of “customer co-creation” was one to watch. But it may prove even hotter than I … Continue reading

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An early Fast F.A.D.

Source: Macy’s Gets Fast Fashion ANY retailer on earth would just about die to create the kind of consumer craze that takes place when H & M introduces a discount designer collaboration (like the heavily touted one from Lanvin coming on … Continue reading

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Luxury Shoppers Like Apps!

Source: Adweek A new report from the Luxury Institute finds significant numbers of upmarket Americans getting into the apps act as they deploy their mobile devices as tools for luxury shopping. (Polling for the report was conducted in March among consumers … Continue reading

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Gilt Groupe Provides Customer Demographics

Source: Tribaspace.com it gives them a way to learn their customer. Most luxury brands are solely wholesalers, and so, given that their inventory is shipped to department stores, they are unaware of whom their customer actually is. Gilt offers data … Continue reading

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Gilt Groupe – changing perception of market value

Source: Tribaspace.com The big question for designers, though, is whether a site like Gilt Groupe will permanently reduce the market’s expectation of value. For example, a consumer who’s gotten used to buying Marc Jacobs at sale prices might never want to … Continue reading

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