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Jamie Tenser

Jamie Tenser

VSN Strategies
James (“Jamie”) Tenser is an author and consultant to the retail and consumer products industry. His firm VSN Strategies focuses on merchandising, marketing, consumer behavior, Shopper Media, Category Management, service practices, and multichannel retailing. He is Executive Director and founding member of the In-Store Implementation Network and he serves on several corporate advisory boards.
  • 0 comments 243 reads
    Posted on 2013-05-03

    I HAD THE PRIVILEGE on Feb. 27 of moderating an expert panel at the eTail West conference in Palm Springs, CA. I was accompanied by two of the industry’s bright lights: Wes Woolbright, National Pricing Director of Safeway, and Carol Spieckerman, President and CEO of newmarketbuilders.

    The focus of the discussion was a presentation of a research study conducted by RetailWire.com late last year on the timely subject of Pricing Transparency. Some 288 retail and supplier executives participated. IBM was the sponsor.

    The findings addressed the pervasive concerns about “showrooming,” a behavior in which shoppers examine products in a physical retail store but then seek out the lowest online price using their smartphones. They also looked at the more general issues surrounding pricing consistency for retailers who do business across multiple channels and/or geographic markets.

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  • 0 comments 512 reads
    Posted on 2013-03-15

    THE ERA OF INDIVIDUAL PRIVACY may turn out to be a mere blip in the sequence of human history, as the smothering embrace of the World Wide Web makes our every click and consumption act a new molecule in the Big Data tsunami. Marketers salivate at the potential to sift the flow and aim relevant offers with pinpoint accuracy.

    If they have their way unimpeded, privacy may turn out to be the human right that never was. People with means may put up barriers to make their personal information difficult to obtain. Everybody else would stand naked in the virtual town square, shielded only by the sheer numbers of their peers.

    No wonder reasonable people worry that targeting may easily transmute into stalking when marketers apply automation to their process. The mechanisms and practices are not readily visible to normal citizens. I think this makes the reality both better and worse than it really seems.

    This morning I offered this perspective on RetailWire.com as part of...

  • 0 comments 292 reads
    Posted on 2013-03-05

    I POSTED THE FOLLOWING commentary this morning on RetailWire.com as part of a discussion, Can Online Shopper Metrics Be Brought to Stores? I believe online innovation has influenced expectations in the bricks and mortar world. Now stores are poised to deliver sensing that online players can’t ever provide.

    I must disclose a recent, prior influence. This post appears just a few days after I made a very informative visit to eTailWest in Palm Springs. Talking with vendors on the exhibit floor, I was struck by their degree of online-only thinking. Innovative analytics tools abounded, but bricks & mortar perspective was in relatively short supply. Since 90% of retail sales still take place in stores, some balance is in order.

    ...

  • 0 comments 390 reads
    Posted on 2012-12-06

    ALMOST OVERLOOKED during the Autumn business conference-slash-election season was a nicely-done bit of research about the new price transparency.

    Prepared by RetailWire.com and underwritten by IBM Smarter Commerce, the study “Pricing Transparency: Can Retailers Regain Control?” was released October 5. It was conducted in an effort to better understand the phenomenon known as “show-rooming,” where shoppers use apps on their mobile phones to check merchandise prices while shopping in-store.

    The study authors define “pricing transparency” as “The ability to learn the relative price positions of a particular item across competitive retailers.”  The trend had some folks pretty nervous around mid-year, especially retailers who specialize in...

  • 0 comments 644 reads
    Posted on 2012-11-06

    I WAS ASKED RECENTLY to address a group of consumer products managers about the possible future of Category Management.

    The request came at a time when I had been devoting serious thinking to several topics that at first seemed only tenuously related. Computer-generated ordering is one. Optimization of markdowns is another. The impact of social, mobile and local media is a third. Then there was this trendy concept — Big Data — that keeps getting lots of mentions, but seems to defy clear understanding.

    So what was I to make of Category Management in a world where these disparate forces swirl? More importantly, what practical insights could I deliver to this audience of the best and...

  • 0 comments 754 reads
    Posted on 2012-06-11

    ONE OF THE SIDE EFFECTS of the "showrooming" panic which seems to grip some of America's big box retailers has been a flood of learned and not-so-learned opinions from learned and not-so-learned analysts and observers.

    Showrooming anxiety emerged during the 2011 holiday selling season, when chains like Target and Best Buy were revealed as victims. Shoppers were inspecting and comparing merchandise in their stores, then using mobile apps to find and order the desired items at lower prices from places like Amazon.com and Buy.com. The story had a second surge in media coverage during April, when Best Buy reported soft sales and the departure of its CEO Brian Dunn. There are too many articles to count about...

  • 0 comments 1,210 reads
    Posted on 2012-05-15
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    I SPIED THE WHOLE grocery universe in a single bunch of fruit. This transcendental experience occurred just last week in West Des Moines, IA. (Quite rightly.)

    It all happened in a bright, spacious HyVee supermarket in an upscale, verdant neighborhood that a decade ago was pretty much a cornfield. I entered the store thinking, "They built this, so I have come."

    But my Field of Dreams reverie dissolved when I stepped up to the produce department. My first view was an abundant display of bananas...

  • 0 comments 1,129 reads
    Posted on 2012-05-05

    The New York Times Magazine made people nervous with its February 19th cover story by author Charles Duhigg. Its chilling headline, “How Companies Learn Your Secrets,” seems to have compelled readership as a matter of personal protection. I make this inference from the number of acquaintances who asked me about it.

    [Author's Note: This column was originally published on March 13, 20122 in the TradeInsight CPG Chatter blog.]

    “Creepy” was the adjective repeated most...

  • 0 comments 1,270 reads
    Posted on 2012-01-30

    IN MY MEANDERS around the vibrant NRF Expo hall (#NRF12) in New York this month, I tried my best to spot the visible stars of the show and detect the invisible three-degree background radiation that lurks behind the retail firmament.

    The atmosphere was energized, the crowds were large and buzzwords were flying. Shopper insights swirled in the cloud, mobile technology hype charged the atmosphere, and business intelligence oozed out of every software booth into glowing puddles on the Javits Center exhibit floor.

    Ultimately there was too much for one greying, recovering journalist to absorb. This is surely why I wound up at the bar in...

  • 0 comments 1,149 reads
    Posted on 2011-07-28

    Watch out, Shopper Marketers! You may find yourselves entangled in a web of truths of your own making.

    It all began innocently enough; in 2005 when brand marketing behemoth Procter & Gamble advanced a provocative set of ideas around what it called the first and second moments of truth. Thanks to some savvy and persistent promotion, the terminology caught on fast:

    • FMOT, the first moment, refers to the brief period when a shopper selects a desired product in the store.
    • SMOT, the second moment, refers to the at-home consumption experience associated with that product.

    Within the then-nascent Shopper Marketing community, this framework was a minor revelation. For brand marketers, FMOT gave credence to the argument that real marketing persuasion needed to be extended from measured media into the shopping environment. The store, it was discovered, shelters a separate marketing reality, where purchase decisions are made.

    ...