Rapaport Magazine
Cover

Retail Scope



Mobile Retail
Expands Reach
Four of five smartphone users in the U.S., or 85.9 million people, accessed retail content on their handheld device in July, according to comScore Inc.’s Mobile Metrix 2.0 service. The study conducted by the digital marketing and research firm highlighted the increasing importance and prevalence of
mobile marketing.

 Amazon was the top retail destination through mobile devices, with an audience of 49.6 million visitors, while eBay ranked second with 32.6 million visitors, Apple came in third with 17.7 million visitors and Wal-Mart had 16.3 million users to Target’s 10 million and Best Buy’s 
7.2 million visitors, according to comScore. 

Women accounted for a higher share of time spent on retail destinations with 53.4 percent of total minutes on desktop computers and 56.1 percent of retail minutes on smartphones. The study also found that smartphone retail audiences were more likely to reside in higher income households compared with desktop computer users. Among smartphone consumers, nearly one in three had a household income of $100,000 or greater and
that level of earnings drove a comparable 31.2 percent of minutes spent on retail sites
and applications.

Online Video Ads Surge
In a separate study, comScore reported that the number of U.S. internet users who watched online video in August rose 4.2 percent year on year to 188 million. However, the number of advertisements they viewed surged 41 percent to 9.5 billion from August 2011. Video ads accounted for 20.1 percent of all videos viewed, but only 1.3 percent of all the minutes spent viewing video online.

Google websites, including YouTube, ranked as the top online video content property with 150 million unique viewers, followed by Yahoo! Sites with 54 million users, Microsoft Sites with 53.6 million, VEVO with 49.3 million and Facebook with 47.7 million, according to comScore.

Video ads reached 54 percent of the U.S. population an average of 58 times during the month of August, comScore concluded. Hulu delivered the highest frequency of video
ads to its viewers with an average of 51, while Google Sites delivered an average of 19 ads per viewer.
 

Forevermark Sets TV Campaign
Forevermark announced plans to develop a national television commercial centered on its new “The Center of My Universe” concept. In its release, Forevermark stated that it plans to run the commercial on a brand level from mid-November until Christmas through a national television plan on network and cable channels during premium programming. The commercial will also be featured in a variety of high-impact digital video placements, including Full Episode Players and top network websites.

Forevermark will make the commercial available to all of its retail partners. The campaign will also include national newspapers, magazines, other online advertising outlets, social media support, website features, in-store materials and public relations.

According to the company, “The Center of My Universe” will create a unique emotional focus, meaning and relevance around the design motif anchored in the Forevermark
center diamond.

De Beers Diamond Jewellers Opens in Shanghai
De Beers Diamond Jewellers opened its first store in Shanghai  at IFC in Lujiazui, the
heart of the city’s financial area in the Pudong district. This marks De Beers fourth store in China. For the store opening, De Beers displayed the Talisman Crown, designed to celebrate Queen Elizabeth’s Diamond Jubilee, along with The Talisman Wonder.

A set of eight unique Talisman Medals was created for the Shanghai store opening. In Chinese tradition, the number “8” is synonymous with prosperity, wealth and good fortune, stated De Beers, so these eight Talisman Medals honor that ancient belief. Each is comprised of rough diamonds that are arranged within the distinctive handcrafted
serti-poinçon (hallmark) setting on textured white, yellow or pink gold in a formation to enhance the central diamond.
 

Smyth Jewelers to Manage
Bailey Banks and Biddle
Smyth Jewelers was hired by Bailey Banks & Biddle to manage its operations, purchasing, administration and field support functions for its nine store locations. Bailey Banks & Biddle reemerged in its own right following the bankruptcy of its former parent company, Finlay Enterprises, and operates stores in Arkansas, California, Florida, Missouri, Pennsylvania, Texas and Virginia.

Mark Motes and John Jackson, executives at Smyth Jewelers, will serve as CEO and COO, respectively, of Bailey Banks & Biddle.

The Maryland-based Smyth Jewelers operates three retail locations and two Pandora retail stores across Maryland in addition to eight Pandora retail stores nationwide.

Hearts on Fire, Hearst Get Award
Hearts On Fire, the World’s Most Perfectly Cut Diamond,® received a 2012 Mins Integrated Marketing Award for its innovative campaign with Hearst Integrated Media.
The print advertising also includes a quick response (QR) code linking to the campaign’s digital and social components, including videos and content on the Hearts on Fire website and Facebook.

Article from the Rapaport Magazine - October 2012. To subscribe click here.

Comment Comment Email Email Print Print Facebook Facebook Twitter Twitter Share Share
Tags: