Morning Brew - ☕ We will rock unified

‘Unified commerce,’ explained.
June 12, 2024

Retail Brew

Wunderkind

Hey, hey. It’s the end of an era for hot dog eating champion Joey Chestnut, who Nathan’s said yesterday won’t compete at its annual contest this Fourth of July because he struck a deal with plant-based meat brand Impossible Foods, which Nathan’s says it considers a rival. The good news? The “Mustard Yellow Belt” is now anyone’s for the taking.

In today’s edition:

—Alex Vuocolo, Andrew Adam Newman, Erin Cabrey

STORES

United front

Unified commerce Jason Marz/Getty Images

With the growth of new sales channels such as online and mobile, retailers have started asking themselves the question: What is the best way to create a consistent shopping experience no matter where the customer is coming from?

While there are obviously a number of possible answers, one popular umbrella term for the best practices that have emerged in recent years is “unified commerce.”

The term first started showing up in Google searches back in 2008, but as recently as the National Retail Federation’s Big Show earlier this year, it remained a talking point.

As one B2B e-commerce company noted in a roundup of post-conference takeaways, “there is no longer a difference between in-store and online shopping for customers. They now expect brands to offer the same level of support, inventory, product diversity, and overall experience no matter where they decide to make a purchase.”

That is just one way of summing up the concept, but as an avalanche of blog posts and industry reports can attest, a number of key ideas and tactics are gathered under the label. Here’s a breakdown of some of them.

Keep reading here.—AV

   

PRESENTED BY WUNDERKIND

Shaping the future of digital marketing

Wunderkind

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The webinar will also:

  • Address industry problems with data-backed insights.
  • Explain how Wunderkind’s AI-enabled Autonomous Marketing Platform can make this happen.

See where autonomous marketing can take you. Save your virtual seat.

RETAIL

Tipso facto

A still image from @robert_calver's TikTok where he's sipping a drink and the screen text says, “New Rule: If I order standing up, I’m not tipping.” @robert_calver via TikTok

Many blame point-of-sale touchscreens, both the stationary and handheld kind, for tipflation, the portmanteau for tipping becoming more widespread and expected tipping percentages rising. After all, it likely never occurred to many of us to give the cashier at the convenience store a tip for the Slim Jim we just purchased…until the choose-a-tip screen asked if we’d prefer to leave 15%, 20%, or 25%.

The backlash against tipflation has raged for more than a year, and the latest salvo comes from—where else?—TikTok, where Robert Calver (@robert_calver) posted a short video on May 20. In the video, he sits in a burger shop and dips a french fry into a paper ramekin of ketchup as this text appears on the screen: “New Rule: If I order standing up, I’m not tipping.”

Keep reading here.—AAN

   

COMMUNITY

Coworking with Yuriy Boykiv

Yuriy Boykiv Front Row headshot Yuriy Boykiv

On Wednesdays, we wear pink spotlight Retail Brew’s readers. Want to be featured in an upcoming edition? Click here to introduce yourself.

Yuriy Boykiv is CEO at Front Row, which works with brands like Versed, Rare Beauty, and Glow Recipe to boost their e-commerce growth.

How would you describe your job to someone who doesn’t work in retail? As the CEO of Front Row, I serve as both a visionary leader internally, guiding the organization towards its goals while upholding our core values, and externally, as a part psychologist, understanding the intricate dynamics of consumer behavior, and part client whisperer, ensuring effective communication with our partners. These dual focuses ensure that we consistently fulfill our mission of partnering with leading brands to accelerate their commerce growth globally, utilizing our capabilities and proprietary technology in designing, marketing, and distributing their products.

One thing we can’t guess about your job from your LinkedIn profile? I love soccer (football) and Arsenal FC, which serves as a personal passion driving my dedication to teamwork and strategic thinking in business.

What’s your favorite project you’ve worked on? Aside from my prior work with the US Army on special missions recruitment campaigns, since joining Front Row at the end of 2022, I’ve found immense fulfillment in unifying global teams, working cultures, and clients to amplify excellence in execution across both what we do and how we do it.

Keep reading here.—EC

   

TOGETHER WITH APTOS

Aptos

ONE POSitive solution. Boost business scalability and agility with help from Aptos ONE POS. Built to help meet and exceed customer expectations, Aptos ONE amps up retail capabilities at every touchpoint. The result? A flexible, mobile-first, and cloud-native POS that gives retailers more tools to increase customer loyalty and retention. Check it out.

SWAPPING SKUS

Today’s top retail reads.

Picture this: TikTok is rolling out a new search option that allows consumers to upload photos to shop similar products on TikTok Shop. (TechCrunch)

Weight and see: Vitamin Shoppe’s CEO said the weight-loss boom this year has boosted sales for its meal replacement and protein powder products. (CNBC)

Flop era: The staple shoe of summer, the flip-flop, is getting a luxury revamp this season, and pushing classic sandal sellers to evolve their offerings. (the Business of Fashion)

AIs on the prize: Wunderkind’s upcoming virtual event will unveil how they’re prepping for a new era of customer-centric, data-driven marketing strategies with their Autonomous Marketing Platform. Learn more.*

*A message from our sponsor.

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