| By PR Newswire | Article Rating: |
|
| February 27, 2013 09:00 AM EST | Reads: |
286 |
ARMONK, N.Y. and LONDON, Feb. 27, 2013 /PRNewswire/ -- IBM (NYSE: IBM) today announced its collaboration with LabelSneak, a small online retailer of discounted designer men's wear, which is using IBM Smarter Commerce technologies to create a unique shopping experience aimed at the millennial consumer. As a result, LabelSneak has seen 148 percent growth in revenue, tripling sales in less than one year.
(Logo: http://photos.prnewswire.com/prnh/20090416/IBMLOGO)
LabelSneak is an outlet store aimed at brand aware guys offering discounts of up to 75 percent on fashion and sportswear, alerting consumers via social channels to personalized, limited-time sales offers. With new deals regularly updated, the site generates tremendous amounts of data such as tweets that include Instagram photos, Facebook comments on the most popular sale items and conversations between consumers on favorite brands through social channels, mobile and tablet devices.
The challenge for LabelSneak was to capture and glean insights from this big data to better understand what consumers were saying about the latest promotions, which items were the most popular and at what time and in what circumstances sales were most effective. LabelSneak also needed analytics to better target and mold online sales campaigns and to decide which social channels effectively communicated its message to attract new customers.
LabelSneak teamed with IBM and IBM Business Partner CSI Solution to connect with the growing marketplace of consumers who prefer to buy across online, mobile and social channels. With access to IBM Global Financing within minutes, the small retailer is now using IBM Smarter Commerce technology to handle high volumes of transactions as well as the large volumes and variety of data, CSI's RapidCommerce Cloud Managed Service Solution has helped LabelSneak create a site to more effectively target the digitally savvy millennial consumer with an integrated brand experience across all devices. To date, the platform is supporting a rapid pace of growth, enabling the client to focus its time and resources on growing the business such as conducting sales promotions, gleaning insights from Facebook comments or tweets.
Fashion companies of every size and style are vying for a slice of the men's wear market. To compete with more established retailer brands, LabelSneak needed to better understand men's online consumer behavior, create a more tailored marketing campaign and deliver the right merchandising mix. Not only is LabelSneak gleaning insights from data analyzing which brands to carry, but they also are seeing how consumer preferences for certain brands in men's wear are connected to a favorite sports teams or music.
IBM Smarter Commerce precision marketing is allowing consumers to choose which sales promotions they want to be alerted to or when their favorite clothing item goes on sale via text, tweet, Facebook post or email. This can be a more effective sales method as smaller retailers can deliver a level of personalization and a more tailored marketing campaign to the individual consumer.
"Understanding what resonates well with millennial consumers brings insight and impact into our ability to offer the right items and to create the right promotions at the right time, and enables us to break through to this challenging and influential millennial segment," says Ade Shannon, CEO of LabelSneak. "Social media is a consistent part of this segment's daily life and is a viable and valuable way to connect with them. The collaboration with IBM and CSI' RapidCommerce Solution is providing us the foundation to capture these insights, to anticipate consumer demand and to design a scalable platform as our business continues to grow."
IBM Smarter Commerce provides intelligent automation of marketing, sales, customer service and procurement to help chief marketing officers, chief procurement officers, sales, e-commerce, supply chain and customer service executives do their jobs more productively and efficiently.
Read the Smarter Planet Blog Post "Fashioning a Future in Online Retail with Big Data Analytics and Social Conversations" by Ade Shannon, CEO of LabelSneak.
For more information on LabelSneak, please go to www.labelsneak.com
For more information on CSI RapidCommerce Solution, please go to http://www.channelinsight.co.uk/Platform.html
CONTACT:
Kaveri Camire
IBM External Relations
1-914-625-6395
Lizette Kodama
IBM External Relations
1-646-675-0750
SOURCE IBM
Published February 27, 2013 Reads 286
Copyright © 2013 SYS-CON Media, Inc. — All Rights Reserved.
Syndicated stories and blog feeds, all rights reserved by the author.
More Stories By PR Newswire
Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.
- Cloud People: A Who's Who of Cloud Computing
- State and Local Governments Adopt Microsoft Dynamics CRM to Improve Citizen Service Delivery
- Cloud Expo New York: Rethink IT and Reinvent Business with IBM SmartCloud
- ACI Worldwide Empowers Financial Institutions to Increase Efficiency of Card Issuing and Account Management
- Cimtrek announces the general release of its Lotus Notes migrator for Microsoft’s SharePoint platform
- Session Topics: 12th Cloud Expo / Cloud Expo New York
- MicroStrategy Announces General Availability of MicroStrategy 9.3.1
- Velocity Technology Solutions Introduces IBM Power Systems Universal Cloud Services at COMMON 2013
- AMAX Launches StorMax(TM) CFS, powered by IBM(R) General Parallel File System(TM) (GPFS(TM))
- MicroStrategy Announces General Availability of MicroStrategy 9.3.1
- Commander of U.S. Cyber Command and National Security Agency Director, General Keith Alexander, To Keynote Day One of Black Hat USA 2013
- Cloud Expo New York: Security for Cloud Computing
- Cloud People: A Who's Who of Cloud Computing
- State and Local Governments Adopt Microsoft Dynamics CRM to Improve Citizen Service Delivery
- SUSE Receives Common Criteria Security Certifications
- Cloud Expo New York: Rethink IT and Reinvent Business with IBM SmartCloud
- LivePerson Scheduled to Participate in Upcoming Investor Conferences
- ACI Worldwide Empowers Financial Institutions to Increase Efficiency of Card Issuing and Account Management
- Cimtrek announces the general release of its Lotus Notes migrator for Microsoft’s SharePoint platform
- Book Excerpt: jQuery Essentials | Part 1
- Session Topics: 12th Cloud Expo / Cloud Expo New York
- MicroStrategy Announces General Availability of MicroStrategy 9.3.1
- Velocity Technology Solutions Introduces IBM Power Systems Universal Cloud Services at COMMON 2013
- IBM Picks Mobile for Its Next Big Growth Play
- Java vs C++ "Shootout" Revisited
- Where Are RIA Technologies Headed in 2008?
- WebSphere Application Server Java Dumps
- Unveiling the java.lang.Out OfMemoryError
- How To Deploy Scalable WebSphere Applications Using "Maven" Build Tool
- Breaking News: New Internal IBM Report Says "Another Flawed Study"
- Profiles for WebSphere Application Server 6.0
- Last Exclusive JDJ Interview With "IBM's" John A. Swainson, Now CA's Newly Appointed CEO
- Automated Deployment of Enterprise Application Updates
- Developing Java and Web Services Applications on Rational Application Developer V6
- Your Guide to Portal Clustering in WebSphere Portal Server 5.1
- How to Create a Simple Java J2ME Application for BlackBerry
























