Tag Archives: RETAIL

Brandless, the millennials’ startup that sells everything for $3 …

Brandless, the ‘Procter & Gamble for millennials’ startup that sells everything for $3, is launching a pop-up — but you can’t buy anything.

Full shelf

Brandless sells its own brand goods like packaged food and essential homeware on its website all for $3 each.
The brand is moving into the real world with a popup in LA so customers can interact with the brand in person.
Brandless has expanded categories and tripled its selection to 300 items since launching in July.
Brandless is trying to develop its image.

The online shopping site, which sells food and consumable essentials all for $3 and pitched itself as the “Procter & Gamble for millennials,” first launched in July. The site now has around 300 types of own brand goods – triple the number of items at launch. Many of the items are organic, non-GMO, or gluten free. Think of Brandless as a dollar store for consumables people are looking for.

The brand is now moving into the physical world with a pop-launching in May, called “Popup with a Purpose.” It will be a “three-dimensional experience of the values of what Brandless is really about,” according to CEO and co-founder Tina Sharkey.

The Brandless brand will be on display, but no products will be for sale. Instead, the 3,500 square foot location on Melrose Avenue in Los Angeles will be offering samples, and opportunities to “live, learn, and love with intention,” according to a press release.

Brandless sells its own brand goods like packaged food and essential homeware on its website all for $3 each.
The brand is moving into the real world with a popup in LA so customers can interact with the brand in person.
Brandless has expanded categories and tripled its selection to 300 items since launching in July.
Brandless is trying to develop its image.

The online shopping site, which sells food and consumable essentials all for $3 and pitched itself as the “Procter & Gamble for millennials,” first launched in July. The site now has around 300 types of own brand goods – triple the number of items at launch. Many of the items are organic, non-GMO, or gluten free. Think of Brandless as a dollar store for consumables people are looking for.

The brand is now moving into the physical world with a pop-launching in May, called “Popup with a Purpose.” It will be a “three-dimensional experience of the values of what purpose,” Sharkey said. “That’s really resonating with people. You want to bring that purpose to life.”

brandless Pop up early rendering

The pop-up will be interactive and there will be panels, workshops, and talks by experts in the fields associated with the areas of food and wellness that Brandless has staked out. Along with the pop-up, Brandless is also launching a lifestyle blog that will be focused on educating consumers of the claimed benefits of, for example, “tree-free toilet paper.”

Sharkey says that Brandless has grown quicker than she’d imagined, and the company now ships packages to all 48 states every day.

“I checked that math – I just can’t believe it,” Sharkey said. “It’s gratifying to reach the whole country.”

Sharkey sees Brandless as filling gaps where the ease of shipping and low point of entry can allow people to try new things – like gluten-free baking mix – that would otherwise be either too expensive or just hard to find locally in some areas.

Since launch, Brandless has also refined its shipping cost structure. The free-shipping threshold has been lowered to $39 dollars, down from $72. All other orders cost a $5 flat fee to ship, which is down from $9.

The B.more membership program, which previously only lowered the free shipping order threshold to $48 dollars, now makes all orders ship free. The company has since started focusing on offering B.more to repeat Brandless customers.

When Business Insider tried Brandless shortly after launch, we found the items were a bit hit-or-miss, and value of $3 really depended on both the quality and quantity of the item.

Source: https://amp.businessinsider.com

Zara has a new tactic to compete with Amazon and Asos.

Risultati immagini per zara

Zara is rolling out a ship-from-store service to 2,000 of its stores.
If an item is out of stock online but available in a store nearby, customers will be able to order it from there and have it shipped directly.
This new system allows the company to have a better handle on inventory levels.
Zara is making its stores count in the race online.

The Inditex-owned chain is rolling out a new system to ship online orders directly from certain stores, The Wall Street Journal reported.

If an item is out of stock online but available in a store nearby, customers will be able to order it from there and have it shipped directly.

According to the Journal, this new system will be launched by the end of the year in 2,000 stores around the world, including in the United States.

“This is something very, very strategic for us, this idea of full integration between store and online stockrooms,” Inditex chairman and CEO Pablo Isla told analysts in June.

The benefits of this new system are expected to be threefold: Customers are more likely to receive items more quickly if they live closer to the store, stores can stay relevant in the era of online shopping, and Zara can better manage its inventory levels.

These quicker delivery options will be critical for Zara in staving off its competition such as fast-fashion retailer Asos or, more recently, Amazon, which is digging its heels further into the apparel market and offering speedy shipping times.

But perhaps most crucially, it allows Zara to keep a handle on its inventory levels, which is one of the biggest issues plaguing the retail sector.

The constant pressure for newness, driven by online rivals such as Asos and Boohoo rolling out thousands of new items every week, has meant that brick-and-mortar retailers are forced to keep up or risk falling out of fashion. In some cases, it’s left them drowning in inventory.

H&M is an extreme example of this. The company has a mountain of nearly $4 billion in unsold clothes, which are either new items on the way to stores or those hanging on clearance racks.

By combining the inventory between its physical and online stores, Zara is able to meet demand with supply across both platforms at the same time, and not risk having lots of stock left over in either one.

Source: https://amp-businessinsider-com.