Tuesday 5 June 2012

Ethical Retailing

EDITOR'S
Ethical
Retailing
I recently read a whitepapcr produced by Package Facts entided "2011 Consumer Insights
and Trends," a forecast of the product ;ind social trends that will make their mark in 2011.
Pets, apparel, personal care, food and beverage, and hobbies were among the items highlighted,
but it was the retailing projection that caught my eye.
Although many have already announced the death of retail's brick-and-mortar presence,
the whitepaper su^ests they missed the mark. Brick and mortar is ailing as e-tail oudets
and mobile apps carve out a greater piece of the marketshare, but for those companies not
yet willing to give up die ghost, the report says 2011 is the time to start using the science of
shopper marketing to make shoppers more comfortable in stores.
"Brick-and-mortar retail will indeed die if shopper marketing turns into full-blown neuromarketing—
the two are already overlapped. Who needs to w;ük giant malls and their
parking lots when one has an all-knowing, all-bountiful home computer?"
This train of thoi^t, the whitepaper suggests, proves the power of shopper marketing,
but, even at this early stage, retailers need to think about the ethical questions it raises.
"Using in-store signage to count eye-blinks and head-turns seems brilliant enough, as does
mapping the brain's responses to label layouts—but this is the year that such things will
Stan to be debated in earnest."
Retailers, the message is clear enough: in-store traffic is important, but not as important as
earning and keeping your consumers' respect without making them question the ethics of
your actions.
Amanda Gaines
Editor-in-Chief
Retail!Í T R A T E G Í E S F O R G R O W T H
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PRODUCTION/CIRCULATION - - -
Mike Keily
(978) 232-9494
Amanda Gaines
(978) 299-3470
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TRAFFIC COORDINATORS
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2 RETAIL MERCHANDISER
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