FASHION RETAILERS MEET THE DIGITAL DIVA [INFOGRAPHIC]

March 6, 2013

new report from e-commerce platform provider Demandware has identified a new kind of shopper. Called the “Digital Diva,” she owns more than two-thirds of fashion purchasing power and is a force fashion retailers will need to reckon with.

Based on a survey of more than 7,000 shoppers in the US, UK Germany and France conducted in partnership with the Univeristy of Arizona, the report revealed that this group, which comprises 22 percent of the fashion market, is highly engaged with fashion merchandise, extremely brand conscious and avidly uses multiple digital technologies including smart phones, tablets, laptops, in-storie kiosks and points-of-sale.

Digital Divas by the Numbers

Location

  • The majority (27%) are in the US
  • 23% hail from Germany
  • 18% are UK-based
  • 15% reside in France

Gender

  • 53% female
  • 47% male (I suppose these guys could be referred to as “divos.”)

Other Demographics

  • 64% are 25-44 years old
  • 68% have children
  • 71% are the primary wage earners

Purchasing Power

What makes this group most significant is that, though they make up only 22% of the market, their purchasing power represents 69% of all fashion spend in Europe and the US. Further, they heavily influence purchase decisions by others, and both report on and curate their own shopping experience for the benefit of others.

Their shopping is not online only. In fact, they are hardly immune to brick-and-mortar shopping as they value the tactile nature of the in-store experience. Don’t be surprised, however, when you see them using a mobile device to comparison shop while in the store. They are two times more likely to do so.

They are knowledgeable – “information omnivores” is how the report describes them – extremely active on social networks, and brand loyal. However, they can be swayed by brands that appeal to what these divas consider important.

The report contains much more information that is included here. See the infographic below, which summarizes the key points.

 

 Thanks to social commerce today

 


IBM’s fashion prediction, yes you heard correctly

January 18, 2013

Although IBM isn’t a brand known for its fashion sense, the company has predicted that fashion will take a retro-futuristic trend in 2013, with Steampunk being a major inspiration for brands. IBM made the prediction after measuring social sentiment and finding lots of chatter around the sub-genre, which is inspired by the clothing and technology of Victorian society.

Check out the full post at: http://www.psfk.com/2013/01/ibm-steampunk-2013.html

IBM Predicts Steampunk Will Be The Major Fashion Trend Of 2013


Topshop to Debut Interactive, Shoppable Livestream During London Fashion Week

September 13, 2012

Imagine watching a fashion show live online, thousands of miles away from the actual event. A look comes down the runway, you click on it, and are able to browse all of its color options and add it to your cart without pausing the livestream. You could even, if you were quick enough, place an order for that look before the show finale began. Sounds pretty futuristic, if not entirely possible, doesn’t it?

This is exactly what global high street retailer Topshop is planning to unveil during the livestream of its S/S 2013 show at London Fashion Week at 3 p.m. GMT on Sunday. Viewers will not only be able to click on clothes and accessories to browse color options in real-time, they’ll also be able to change the music, download the show soundtrack from iTunes, snap screenshots to share instantly on Facebook (a feature that was developed with in-house Facebook engineers), cut and share video clips, and order looks and makeup appearing on the catwalk

Love the technology around this idea, hopefully the conversion rates/interest will see other brands try something similar, even the non fashion businesses.


Vodafone Hosts AR Fashion Show Where Models Appear Next To You [Video]

May 11, 2012

Augmented reality developer ARworks recently created a virtual fashion show for Vodafone, who sponsored a contest (Buttoned UP – Gombold Újra) for fashion designers.

via PSFK: http://www.psfk.com/2012/05/vodafone-hosts-ar-fashion-show-where-models-appear-next-to-you-video.html#ixzz1uZy6Gj2W


Digital Enables A New – Shoe Shopping Culture

April 23, 2012

We spotted this and thought about the blog we did for Top Shop and their fitting rooms in Moscow. Anyway for all you shoe addicts:


Great new video on performance in the retail industry, supply vs demand

October 11, 2011

Marshall Fisher, retail professor at Wharton, was asked questions about his most recent book, “The New Science of Retailing.” Included is some history about the changes that have occurred in the retail industry over the past 40 years – a good overview for students of the fashion industry. The YouTube video here shows the conversation or access the video, audio podcast or edited text version of the conversation at the Knowledge@Wharton website. If you like this site, register to receive the Knowledge@Wharton newsletter twice each month.


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