Brands ignore this shift at their own peril.” 3 Michael Zimmerman's Pr entice Capital fund is an employee-owned financial investment advisory firm head quartered in Greenwich, founded in 2005 by Zimmerman. Pr entice Capital’s Zimmerman believes that despite fewer shoppers in-store, sales are increasingly driven by sofa shoppers wielding tablet computers. This outlook is confirmed by August Nonstore retailers' sales amounts, the measure of sales via internet shopping, showing an increase of 0.5% seasonally-adjusted month-to-month and an impressive increase of 8.8% unadjusted year-over-year. Intelligent utilization of the latest social media and Smartphone data allows forward thinking companies to analyse customer behaviour and quickly address needs and concerns, a field being pioneered by Apples beacon in-store engagement technology. Stores have a big role to play; typically more than two-thirds of sales combine stores with on-line elements, such as collecting Internet orders in-store, researching on-line or scanning items with smart phones to read reviews. The group notes that smart phones drove 28.5 percent of all on-line traffic, leading the 18.1 percent traffic share tied to tablet devices, however tablets composed 19.5 percent of all on-line sales, significantly larger than the 9.3 percent share of sales connected to smart phones.Tablet users also placed higher value orders: $95.61 per order on average compared to the $85.11 average order placed on smart phones. on-line retail giant Amazon is borrowing a tactic from traditional retailers, quietly installing large metal cabinets “Amazon Lockers” in grocery, convenience and drug store outlets accepting packages for customers for later pick-up. “It’s a result of more and more technology in the hands of the consumer, which allows them to virtually window-shop,” ShopperTrak founder Bill Martin told Reuters.
I have seen the man pull a rabbit out of his top hat. I know youll join me in sending your best wishes his way. * * * Photo: Joe Raedle/Getty Images Last month, Louisiana was overwhelmed with flood water and the aftermath has left towns like St. Amant in need of assistance. We need to help the good people of Louisiana Entering season 20 of this column, one of the things I think about most fondly is your generosity and kindnesses. Weve had some good times raising money for important causesrecreation facilities for troops at remote bases in Afghanistan, financial aid for Paul Zimmermanand youve always opened your hearts. Id like to enlist you on a new fund-raising project. Were going to raise $75,000 to help a high school band in Louisiana. I didnt say, Were going to try to raise $75,000. No, were going to do this. I need you to help.
A Simple A-z On Primary Factors In Michael Zimmerman Fund
An estimated 33% of Smartphone users check for product reviews, coupons and discounts prior to making a purchase, often while in-store - a trend fuelled by Social media. ET Amazon goes off-line while retailers scramble on-line - Michael Zimmerman's hedge fund Pr entice Capital believes customers want to combine pure on-line shopping with visiting stores. Starbucks allows customers to pay directly from their Smartphone in store, while Amazon gives consumers the ability to scan bar codes at bricks and mortar retailers, quickly displaying on-line discounts for the same and similar products. 2013 could become a breakthrough year for mobile shopping, especially if smart phone prices continue to fall and strong consumer uptake of the devices continues. Michael Zimmerman's Hedge Fund On The Online-Offline Retail Convergence Published: Mar 29, 2014 8:00 a.m. And Zimmerman is backing his opinions: his pattern of investing as indicated through Pr entice Capital’s regulatory disclosures shows the Zimmerman hedge fund favours shares with powerful brands and well-conceived mobile and on-line commerce strategies. New York, N PRWEB October 04, 2013 Consumer confidence is dropping but spending in some key areas is on the up. http://www.prnewswire.com/news-releases/investing-in-customer-retention-leads-to-significantly-increased-market-share-says-new-study-by-forbes-insights-300327434.html Apple’s phone and pad represented the vast majority of U.S. on-line shopping and sales during Christmas, accounting for more than an 83 percent take of sales compared to Android. And Amazon is trying another method of selling its items: via vending machines in airports and some malls around the country. The job market and wages are stagnant, rates of interest and costs edging higher, record numbers of Americans on food stamps and the crisis of higher taxes - all factors that Zimmerman believes mean on-line shopping growth will quicken as consumers turn to their mobile devices seeking ways to maintain lifestyle choices at lower cost. The increase was led by a large jump in non-store retailers, which saw an impressive 1.3% MoM increase and 6.8 percent compared with the same period last year 2.