digital shelf

In this episode we talk about those key steps brand manufacturers must take to drive a successful digital transformation.

We have a special guest Lauren Livak, the Director of the Digital Shelf Institute also known as the DSI. The mission of the DSI is to shape the future of the industry and advance the growth of consumer commerce through community, content and education. It has 4500+ members from across the industry and Lauren leads the charge in fostering the community and creating relevant and impactful content and connections for the industry. She knows first hand what it takes to work through digital transformation as she led the Digital Shelf for North America at Johnson & Johnson and was responsible for building the strategy, owning the digital tech stack and leading the team to grow online sales.

The Digital Shelf Institute is a community of today and tomorrow's future digital leaders. If you are interested in becoming a member to network with others in the industry and stay up to date on the latest digital thought leadership visit digitalshelfinstitute.org and click 'Become A Member.' 

Also if you need support executing your digital transformation strategy, eCommerce Nurse is there to support you.

For brands to tell stories and connect with consumers personally and at scale, the right first party data is increasingly becoming the essential fuel. Shelley Bransten took the learnings  at top retailers like Smith & Hawken, Williams Sonoma, and 15 years leading customer marketing at the Gap, and is now applying them for the entire industry through her role as the Corporate Vice President, Global Retail & Consumer Goods Industries at this scrappy little startup called Microsoft. Essentially, these days everyone needs to fail and learn fast in order to take advantage of the fast-changing opportunities to connect with consumers and earn their loyalty. Sherry joined Rob and Peter to discuss how she and the teams at Microsoft are focusing not only on helping brands amass and manage data, but on the even more vital task of driving valuable action out of it.

Business Professor Gerald Kane of Boston University, along with his co-authors, found themselves in the middle of a pandemic conducting deep research through hundreds of interviews with executives that resulted in new scholarship around thriving through disruption. This is part 2 of Peter’s conversation with Professor Kane, focused on the necessary capabilities to thrive, and how the right technology choices can enable those qualities.

Here is the link to Gerald Kane's book:  https://www.amazon.com/Transformation-Myth-Organization-Uncertain-Management/dp/0262046067

As the consumer is increasingly in charge of how, where, and when they discover, research, and buy, the ways in which your brand comes to life for them has shifted and multiplied dramatically. More than ever, brand marketers need to articulate an evolved brand strategy and, to receive the proper investment, prove its worth to the bottom line. Maggie Gross, Head of Strategy for The Studios at Deloitte Digital, armed with tons of category data, has created a new way to measure the value of brand investment and drive the right areas of investment for maximum ROI. It’s called BrandWorth, and Maggie joined Peter to explain it.

“Sadly, quite a few retailers picked an especially bad time to be boring.” Steve Dennis, has spent decades in the strategy seat at retailers such as Neiman Marcus and Sears,as well as trusted advisor to the retail, fashion and luxury industries through his consulting firm Sageberry Consulting. He shares his knowledge with the industry as a keynote speaker, his column for Forbes and, most recently, the second edition of this bestselling book, Remarkable Retail. Post-ish Covid, his book revisits what it means for retailers of all kinds to stand out and be worth remarking on in this post-...ish Covid era. Steve joined Peter and Rob to share his insights.

Building and growing a middle market manufacturer and retail company is a challenge not for the faint of heart. But entrepreneurial passion and grit matched with operational expertise can lead to outstanding differentiation and growth. That’s the investment thesis of MidOcean partners, a private equity firm focused on transformative growth opportunities in middle-market consumer and business services companies.  Eric Roth, Managing Director at MidOcean Partners, joined Rob and Peter to talk through private equity investing in a time of disruption, and the fascinating investment opportunities in the Davids vs. Goliaths battle. 

In ecommerce, industry trends are really just the sum total of individual consumer behaviors. Rob and Peter take a look at trends in how  DTC and consumer shopping experiences evolved during the pandemic, and how those shifts impact acquisition, loyalty, and  who decides what your brand is. Plus, the world's cutest puppy is identified.

There is no question that our future will continue to be one of disruption. Either acute disruption, like COVID, or chronic disruption, like the emergence of digital technologies across industries and use cases. So the question isn’t a matter of will there be disruption, but what do leaders do in response? Business Professor Gerald Kane of Boston University, along with his co-authors, found themselves in the middle of a pandemic conducting deep research through hundreds of interviews with executives that resulted in new scholarship around thriving through disruption. The book is the Transformation Myth, and Professor Kane sat down with Peter to discuss it.

In a business dictated by an algorithm, designing a fluid, flexible process to get products ready for ecommerce and built out with content is essential.  Lauren Livak, who ran North American Digital shelf strategy at Johnson and Johnson and is now Director of the Digital Shelf Institute, has embarked on a ten episode series of webinars with new research and executive conversations. The content is so foundational to any leader plotting their digital shelf strategy, that we will be presenting it here in podcast format as well. Today’s episode focuses on the necessary elements of a winning digital shelf process and features Lauren, Peter, and Lizbeth James, eBusiness Director at Nestlé.

The local brands called out in this episode were SCVA and Caring Kind. 

Cann was the national beverage brand.

The journey to winning on the digital shelf can not be made in weeks, or months, but years. To manage expectations, the right outcomes, and your sanity, it is vital to understand where you and your company are on that journey, and what the right next steps are to  move along a maturity curve towards operational and performance excellence. Experts from Salsify and the DSI teamed up to articulate a Digital Shelf Maturity Curve, and they presented it in a recent webinar. The content is so foundational to any leader plotting their digital shelf strategy, that we wanted to present it here in podcast format. Here with Peter are Joe Gaudreau, head of the Commerce Strategy Team at Salsify, and Lauren Livak, Director of the Digital Shelf Institute. 

When one ecommerce executive from a global brand tells you they are pushing for a radical rethinking of the beliefs that have driven growth for decades at their company, it’s an interesting anecdote. When 10 executives tell you the same thing, it’s a research project. When Molly Schonthal, founder of the Digital Shelf Institute Executive Forum, and Chris Perry, Chief Learning Officer at firstmovr, started hearing similar anecdotes and data points around shifts from members  of the Executive Forum around the shifts their companies were making to maximize growth - consequential shifts in long-standing pricing strategies, assortment  planning, org and  budget, they decided to tackle bringing a forceful call to action in the market. This new research is titled The Shift to Total Growth Accountability, and Molly and Chris joined Peter to talk it through. 

In the early days at Marketplace Ignition, one of the first marketplace strategy consultancies, the question founder Eric Heller heard repeatedly from his biggest client was “What do I do next?” In some ways, very little has changed. Winning the algorithm requires constant attention, and the new shiny object of retail media should not obscure that fact. Eric, who sold Marketplace Ignition to Wunderman in 2017 and went on to become WPP’s Chief Knowledge Officer for their AMazon Center of Excellence, joined Rob and Peter to highlight the trends that are rapidly shaking the box of ecommerce, media, and omnichannel growth, and how brand execs must keep their eye on the ball.

Is Loyalty the new CAC? The Post Purchase Consumer Journey represents an multi-staged opportunity to drive loyalty and customer lifetime value, deriving greater margin from the investment in D2C. David Morin, Sr. Director, Retail + Client Strategy at post-purchase platform provider Narvar joined Peter to bring to life the various stages of the post-purchase journey and how brands are intensifying their focus to drive trust, transparency, and advocacy, and making every customer feel like their most important customer.