Week in Review: Answers to listener questions about retail, TikTok and marketing
Mar 1, 2024
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This podcast discusses topics such as the future of bankruptcy and M&As in retail, the impact of TikTok on fashion, effective marketing campaigns, changing influencer marketing trends on TikTok, and the evolving landscape of fashion trends and designer perspectives.
Expect increased bankruptcy and M&A in retail due to rise of DTC brands and changing VC landscape.
Calvin Klein's successful campaign leveraged celebrity timing and release date for widespread appeal.
Deep dives
The Impact of M&A and Bankruptcy Filings in Retail
Bankruptcy filings and M&A in retail are expected to increase in the next two to five years due to factors like the surge in direct-to-consumer brands facilitated by platforms like Shopify. The landscape of VC funding is changing, with startups opting for crowdfunding over VC investments. While it's easier to start a brand with platforms like Shopify, challenges arise in sustaining the business due to high costs beyond the initial setup, leading to potential bankruptcies.
Surprising Success of Calvin Klein's Jeremy Allen White Campaign
Calvin Klein's campaign featuring Jeremy Allen White garnered unexpected success due to its perfect timing coinciding with the actor's projects and the attention it generated. The campaign's impact was enhanced by the celebrity's popularity and the fortuitous release date, contributing to its widespread appeal and resonance with audiences.
Challenges and Backlash around Influencer Trips and NFT Marketing
Influencer trips faced backlash, such as the Tarte Dubai trip, highlighting overspending criticism and perceived tone-deafness during economic uncertainty. Marketing campaigns related to NFTs and the metaverse faced challenges due to lack of understanding and hasty adoption, resulting in disinterest and negative responses from consumers.
TikTok's Influence on Consumer Behavior and Fast Fashion Trend Cycles
TikTok's influence on consumer behavior has accelerated trend cycles, leading to increased consumption and faster shifts in fashion aesthetics. The platform's algorithm-driven content consumption model has trained users to consume vast amounts of content, impacting brand strategies and marketing approaches. Additionally, the unpredictable trend cycle has pressured designers to adapt quickly to fleeting trends or focus on setting their unique brand direction independent of short-lived influences.
On the Glossy Week in Review podcast, senior fashion reporter Danny Parisi and editor-in-chief Jill Manoff break down some of the biggest fashion news of the week.
This week, we have a special mailbag episode where we answer questions from our listeners. Topics include the future of bankruptcy and M&As among retail brands, the effects of TikTok on fashion, and the components of an effective marketing campaign.
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