Social Media Adding to Website Slide; both hurting print

By Paul Pannone

In the latest eWedNewz coverage involving the decline of traditional media, conventional websites are taking a beating.,  As far back as mid 2011 eWedNewz questioned the sustainability of static websites. Today webmasters who say they’ve made millions over the past decade admit they’re suddenly forced to reinvent themselves because of the Social Media explosion.

The growing use of Social Media displaces the need for websites; that displaced the need for printed products since the late 1990′s. Both Websites and Social Media have plummeted the sale of magazines.

 

In the beginning there was the Information Superhighway, A.K.A, the Worldwide Web. Blank stares soon became familiar with the term that gave way to the Internet and later just the Net. E-mail was some futuristic way to communicate and the letters AOL was the facilitator, connecting us with friends and thoughts.

Marketers jumped on banner ads charging exorbitant fees to tap into traffic with inflated numbers that were indisputable. Today banner ads are a joke, along with excessive hosting fees, domain name procurement and all the mystical SEO propositions put forth by Hucksters trying to make a buck. But can websites really totally fade away?

Not according to Wedding Water Cooler members who say they have a place, along with printed product experts.

Newest member of the Cooler, Dorinda Duclos told eWedNewz:

“Build it and they will come?  Yes…and no. Not without a lot of hard work and the right web master.  But that’s not to say that a well-built site won’t bring clients.  The social media takeover does not replace a traditional website.  It enhances it.  For example, you have a new product you want to promote, so you add it to your website.  Who sees it?  If you’re lucky enough to place highly in the search engines then maybe a few more people will.  Now take that same product back to Facebook, upload a picture, write a description & link it back to your website.  You now have a captive audience, through your fan base, (although with FB’s many changes, you may need to promote the product) who in turn will view your product, click the link and land back on your website.  This gives them the opportunity to view more products.  A traditional eCommerce website also allows the client to immediately purchase directly from there.

Pretty doesn’t mean better.  A flash site is a big no-no today because it won’t convert to mobile.  Unless you have code within your site that alerts when the user is accessing your site from a mobile device, they will not see your pages as you do when looking from your computer.  The code makes the necessary switch to a site that you’ve built specifically for mobile access.  Most websites today have this.  There are a few companies that offer the service and will actually build the mobile site for you.  You just have to add the html coding into your site.

The most important thing you can do is refresh your website’s main landing page as often as possible.  This helps keep content fresh and let’s the search engines know there’s something new to index. (Proper coding for Google, yahoo, etc is also needed for this)

Are websites dead? No.  Are they fading? Perhaps.  It really all depends on how much effort you, as the business owner, put into it.  You can’t expect a flower to grow without watering it.  Same thing holds true here.  Don’t think because you have a website that you have business.  You’ll wilt and eventually die…” says Duclos.

Duclos agrees with other business owners who realize launching a website is not the end of anything but only the beginning of the non-ending plight to promote the site. Experts tell eWedNewz the time and cost of standard websites has come crashing down, especially over the past six months. Webmasters who say they’ve made millions since the late 1990′s quietly admit the impact of Social Media has been destructive to their business. Add to the mix out-of-the-box products by Word Press and the “free” effect of available products (Facebook, Twitter, Linked In, etc) allowing business owners to post their own content and update their pages, it’s no wonder the thriving website business is suddenly in serious trouble.

On ongoing poll shows 57% of respondents look to the Internet for their  marketing needs (33% Social Media – 25% e-mail blasts). 16% say they use print. What do you say?

 

 

 

 eWedNewz

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2013

 

Poll Shows BRIDES Newsstand Sales Slide Just a Sign of the Times

 

By Paul Pannone

The shocking release of declining newsstand sales at BRIDES magazine stunned print media experts who either worked for or against the Conde’ Nast property. An ongoing eWedNewz poll shows the magazine is just another victim of the general decline of print. The poll shows 61% of respondents so-far say Print will continue to decline while only 17% of replies say print and digital have finally found  a way to coexist in harmony.

 Available data suggests the damage inflicted on printed products by the internet.

eWedNewz coverage of how print and digital struggle to find a common ground tells of how all media is affected by the decline in marriage and formal weddings. With more places for brides to quickly search for what they’re looking for– for free– print has been hit the hardest, shown by declining newsstand sales; the barometer of how healthy a publication really is.

Finding the balance involves full-time effort, according to Sheryl Davies, who looks for the right mixture of print and digital. Davies gave her view of how websites are affected by Social Media, challenging digital the way DOT.COM challenged print.

“A good website still depends on good, reliable content and the ease of gathering the information a bride needs to host her wedding. Brides are tired of always being “advertised to.” They also want to research each service that they need to hire and for that they require information. Sometimes a company just needs to market. A wedding is an expensive proposition and not one of those brides wants to make a mistake and waste their hard earned money.

Cluttered websites make brides run away. They are busy people and more confusion makes them crazy. Keeping it simple, providing what they require and being real is what they want. Social media is fine if you are not looking for a target niche market,” according to Davies

Onlookers outside the wedding business reading the newZ, including O. Liam Wright, gave his view to the sinking numbers at BRIDES citing how digital moves faster than print. After reading the eWedNewz story about the changes at BRIDES involving their sinking newsstand sales Wright said:

“Interesting stats. While I am not an expert in your field. I certainly understand the sweeping effect of well positioned technology as see in the huge decline in use of I.E. (Internet Explorer) from 55% in 2008 to only 14% in just 4 years – with Google Chrome taking position as the dominant web browser used world-wide today (source: http://bit.ly/XvmibP ). Bruce Sterling in his book “Shaping Things” talks about the Line of Empire – which, once it’s crossed, certain positions can never be reclaimed.”

What do you think; will print ever return to where it once was?

eWedNewz

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2013

The Week of January 1st in Review

By Paul Pannone

The first week of 2013 marks a major moment in the wedding business and the realization that a growing number of couples are no longer rushing down the aisle or spending the amount of money their parents did. The ongoing trend is nothing new to those watching how couples wait longer to marry– if they do at all. Many live together  and have no qualm with having children out-of-wedlock, as society relaxes the rules.

The newZ forces hopeful wedding professionals to deal with the facts and give up hope the wedding business will ever return to the glory days before the economic collapse in 2008. In an ongoing poll a majority of respondents so-far say the wedding business is either deteriorating or stuck in neutral and in worse shape than anyone thought. Currently 23% say business is picking up but the recovery is a slow one.

In an ongoing eWedNewz investigation statements by wedding professionals tell how they’ve been forced to change the way they conduct their business, adjusting to the shifting marriage statistics. The newZ was reluctantly disputed by some wedding sources who’ve since fallen silent. Questionable statements involving local markets and odd data failed to give any substance to dispute the findings of this newZ source, so far.

 

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2013

More Wedding Business Professionals are hurting than ever; Really?

By Paul Pannone

Yes, really; they are. The statement is in response to a story at Think Like a Bride that begins:

“I read an article recently saying that the wedding industry is in worse shape than anyone is willing to admit. Really? Then I have a slew of people lying to me. Or maybe my followers are just a little smarter than the rest.”

eWedNewz reader and wedding service provider, Mary Bower, gives her view on what is happening in the business. Coincidentally her views match countless others.

In an ongoing eWedNewz story and further discussions on Social Networks and  in every format including the Wedding Water Cooler most wedding professionals  we’ve spoken with reluctantly agree things are not good. For the few who want to dispute the findings, citing how well they’re doing– they are the exception– not the rule.

To some hopefuls who dismiss all other information, facts and opinions; subscribe to their own methods of collecting, slicing and dicing information, everything is fine or bound to get better. For some the presentation and argument they make boarders on insanity.

We’ve often quoted Christine Boulton, owner of Think Like A Bride, agreeing with many aspects of the wedding business. But many is not all. Boulton cannot dispute she works with talented, successful local vendors who can afford her services. But for the average wedding service provider–  we speak to many as an informational newZ source– the story is quite different. Many were forced to change the way they conduct their business, adapting to the shift in expectations by consumers who want what they want when they want it and refuse to pay full price. In the thousands of discussions over the past five years not one vendor says they’re doing well running their business the same way they did in the past.

Mary Bower relied to the story and had this to say:

Hi Paul,  I read your article and of course, I have to comment :)  I have a niche here in Lansing, MI where I sell wedding invitations, it’s a side business, thank goodness. I give great service, have great lines. But I believe you are seeing a faltering of the wedding industry because of the economy. Young people are being especially budget conscience these days  They are having difficulty landing good paying jobs, leave college with lots of debt (most of them) and they struggle. unlike we did in the 80′s when jobs were plentiful for us in the yuppie crowd.

I am hanging on to my business, moved it back home from a brick and mortar and am hoping for the best this 2013 wedding season.  I could not survive on invitations alone now and am branching out to do other things, such as candy buffets that may reach a bigger consumer pool other than weddings. Each year now, I often wonder what stationery company will call it quits and leave me holding the bag, like Encore did!

I am also working on a new business that is totally not wedding related to fill the gap.  These are crazy times, and the outcome will be fewer wedding professionals getting out of the business.  Some clean up will be good, as many who got into the business after 2008 thought it would sustain them. My God, have you noticed how many people suddenly became “wedding photographers”  or “cupcake bakers?”   It used to be that there was plenty of room for everyone, but now that is shrinking.

As always, I hope for a prosperous 2013, but this year, (I’m) not taking on new lines, sticking with what I have and hoping for the best!

Mary C. Bower

Occasions

Mary is one of the majority of wedding business owners that are telling it like it is on a national scale. Further exchanges with Mary say many wedding-related businesses in her area are closing and getting out, no longer able to keep holding on.

In an ongoing poll 31% of responses so-far say the wedding business is deteriorating. 20% say the wedding business is stuck in neutral.  11% feels the wedding business has not yet hit bottom for a 62% total negative connotation. On the positive side 13% says the wedding business has hit bottom and is climbing nicely. 20% of response so-far say the wedding business is recovering but very slowly.

What do you think?

eWedNewz

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2013

The Top Ten eWedNewz Stories of 2012

 

By Paul Pannone

2012 was an amazing year for newZ and people of the wedding business. The hard newZ and information that affects the wedding business continues to evolve and move away from the everyday information about ordinary goods and services and looks at what today’s couples think and worry about. The economy plays a growing role and holds down spending for the average consumer while more businesses exist in the shrinking market.

Here are the top ten eWedNewz stories of the past twelve months, beginning in December, 2011.

10- Samantha Goldberg Gives Wedding Wire an Ultimatum

9- Back to Work after a long Weekend; Business owners look to 2013

8- Tie a Yellow Bow Tie and Support a Good Cause

7- NewZ of David’s Bridal Sale grips the Business

6- eWedNewz obtains a List of Pirate Wedding Websites, as Sales Drop

5- BRIDES ANNOUNCES FINDINGS FROM 2011 AMERICAN WEDDING STUDY

4- FLOW Formal Tapped to Manufacture Products for Two Big deals

3- Situation Tuxedos Sold Out, as Demand Keeps rising

2- No Surprise; David’s Bridal on the Auction Block

The number one eWedNewz story of 2012: From Abercrombie to JC Penny the world Adapts to a Changing Consumer

 

 

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2013

The Week of December 24th In Review | The reality of the new 2013 beginning

 

 

By Paul Pannone

It looks like the world will continue for another couple of million years since 12-21-2012 date came and went. But some readers say the world, as we knew it, somehow did end in 2012. In all areas of life and business this holiday season was the start of a new beginning and the end of the dreaded fairy dust that’s plagued a recovery from happening.

Hard newZ and factual information about the wedding business that finally states the industry is in worse shape than first thought silenced the industry who’ve been spouting hopeful– but false– information.. Years of pointless discussions, polls and studies were finally pulled together to announce marriages are declining, out of favor with a new generation. When people do marry they will no longer overspend for goods and services or be bound by traditional “should”. Instead wedding couples will spend wisely and appropriately to create the type of event that best suits them; not please their parents or what society dictates.

The story was met with just a spattering of opposition. Wedding experts who could muster only half-hearted replies and offer hope of return to what once was. Baseless claims of a return looks to a brighter economy to once again lift the wedding business back. Of course, anything is possible; including the Titanic completing her maiden voyage, arriving in New York harbor as once planned.

An ongoing poll shows 52% of respondents feel the wedding business is either stuck in neutral or is deteriorating. 21% say we’re recovering but is a very slow process. Only 12% say the wedding business has bottomed and is recovering nicely.

If you have not voted, please do so.

 

eWedNewz

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2012

 

 

Call To Action by ABPIA Head Rallies the Wedding Business

By Paul Pannone

In an ongoing eWedNewz story the American Bridal and Prom Industry Association and management has once again called together  its biggest supporters who have a stake in the success or failure of the wedding business. This time the call goes out to media sources who met in New York in April, 2012, putting aside the competitiveness that separates them for the common interest that binds them.

As a major advertiser Steve Lang was able to assemble the most notable media sources in the wedding business. It’s now time for the promises made to be fulfilled, as the war on online thievery heats up.

 

The call to action comes at the heels of the battle victory won this month where a New Jersey court decision handed down a temporary injunction against the most blatant offenders online and paved the way to a permanent order expected in the near future.

eWedNewz obtained the following release but decided to truncate the last part which we will explain at the end.

 

In the truncated part of the release Lang assembled estimated figures of the number of “units” lost to knock-off websites and attached a monetary value of over $150 million dollars in lost revenue to the retail/wholesale dress business.

 

Jim Duhe, VP at Bridal Guide, was among the first to pledge support and educate the consumer against the perils of online ordering. Jim’s constituents, colleagues and competitors are also included in the fight.

 

eWedNewz has learned media sources that attended the meeting in New York that pledged their support intend to make good on their promise, including Bridal Guide Magazine. VP at Bridal Guide, Jim Duhe, issued the following statement after the ABPIA release;

“We have Steve Lang to thank for this important advance.  It certainly wouldn’t have happened without him.  However, the problem is far from solved.  Every day brings new web sites and new threats to our businesses. Addressing the problem requires constant and consistent work by each and every one of us.

Bridal Guide and all other major bridal publications and websites are joining hands to publish warnings about illegal cyber retailers. We’ve put our competitive differences aside to work together to help. You can expect to see ads in print and online designed to urge consumers to think twice before ordering a gown online from an online crook.”

In the ongoing eWedNewz investigation the wedding business’ efforts dovetail into a larger sweep against online piracy.

According to the JDJ Journal, “Authorities working together in the project included the U.S. Immigration and Customs Enforcement’s Homeland Security Investigations (HIS), law enforcement agencies from Britain, Belgium, Denmark, France and Romania , and the Europol. The HIS seized 101 domains while the rest were seized by European authorities. The operation was coordinated by the ICE HIS-led National Intellectual Property Rights Coordination Center (IPR Center) in Washington D.C.”

Throughout the entire story Steve Lang kept his supporters and eWedNewz informed with up-to-the-minute information and private background information. Part of the history involves Lang working with government agencies and officials who, until now, say they had limited power against the off-shore assault against American companies. Because of Lang’s efforts an ongoing poll by this newZ source shows growing optimism to a favorable result– not totally eliminating piracy– but at least keeping it from growing out of control.

Right now over 75% of results so-far feel the wedding business has a fair-to-excellent chance of  beating online piracy. 16% so-far say it’s impossible.

What do you think?

Join the ABPIA

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2012

Tighter Inventory Control Saves Abercrombie & Fitch; Rockets Stock Price

By Paul Pannone

 

eWedNewz follows a story we started nearly a year ago watching the growing use of technology to give consumers what they want when they want it. Companies like Abercrombie & Fitch, who manage their inventory with razor-sharp accuracy, pull away from the pack still using dated technology, tying together supply chain partners located all over the world.

Omni-channel retailing and the leveraged use of all methods to attract consumer attention gets credited by many sharp business leaders who’ve discovered immediate and long-range benefits of connecting with consumers and bypassing traditional methods that have become costly and outdated.

Marty Staff described most of the apparel business as tired in 2011.

 

In detail a new white paper by GT Nexus cites the growing use of technology for the explosion;

“Retail is undergoing a transformation spurred by new technology and consumer demands. The new requirement for retail success is a single, clear view of every channel in the supply chain.

Buyers hold the power in this market. They are demanding more options and leveraging retailers against each other to get the best value for their money. A competitive and increasingly global retail environment is leading retailers to make a move towards an omnichannel strategy: seamlessly integrating their distribution channels to improve visibility into inventory and better serve their customers.
Many companies are experimenting with ways to fuse their channels; they are adopting powerful, cloud-based technology to gain visibility into inventory, share data with trading partners, and find new ways to offer phenomenal customer service.
However — they are far from finished, and the tactics they undertake over the next few years will have a profound impact on the future of the shopping experience. Some of today’s household names will emerge as the pioneers of omnichannel retail, while others will fall victim to slowing revenues and waning customer loyalty.”

eWedNewz discussed the topic over two years ago with Marty Staff in New York City. Staff’s career spans decades in the men’s apparel business and a time when most decisions were made in a boardroom, based on personal gut feelings. According to Staff time’s have changed and the business he was brought up in has failed to keep up with the progress to any great degree.

“I had so many people asking me for my thoughts I decided to start my own company and run at my pace instead of waiting for other to keep up with me,” he told eWedNewz in 2011.

Staff started the company and represents a growing number of like thinkers, although not many are able to keep up with his speed.  According to Staff the apparel business is old and tired and in need of a major overhaul.

“It’s not just the apparel business, it’s all over right now. There is a definite need for good information and training,” says Samantha Goldberg.

Staff, Goldberg and a growing number of business veterans agree the people who embrace technology and are able to  deliver outstanding goods and services in a shortened lead time will be rewarded by today’s consumer. Those that can’t– or won’t– will be punished.

In an ongoing poll only 40% of respondents so-far say they’re up to speed with today’s technology, leaving the majority of businesses who must improve to deliver a better experience to their customers.

Where are you at this moment?

 

 eWedNewz

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2012

Hearst Data Shows Young Lady Makes the Decision for Prom Fashion and Colors

By Paul Pannone

By now you’ve heard about the top color picks for proms next season; purple is big again for the third year running. The information and strong statements given by Tony Bowls has reportedly set off a sea of selling purple products, according to sources. But how about some real data when it comes to proms?

How well do you know your target market Mr. Businessman? Guess what; you don’t.

 

Fun facts gathered in a joint poll by Seventeen and Teen Prom shows the women are driven more by money than many other things. Information discussed in Chicago said the biggest reason a girl would give up her cell phone for a month was not for a date with Justin Bieber; only 11% of respondents would. Not even meeting Taylor Swift in person after a concert was important to the majority– Taylor appealed to only 18% of respondents. Overwhelmingly, 80% would give up their cell phone for a month if enticed with a thousand-dollar reason to do so. According to Hearst data $1,000 bucks would keep the cell phone off for a month.

eWedNewz digs deeper into what and who make buying and shopping decisions. Everyone has their suspicion that the women have the clear advantage. But data given to us by Hearst publications seals the deal.

According to Hearst data 58% of respondents say they will be picking out their date’s (male or female) outfit. Clearly this makes what she wears the pivot point of what will be in next season.

 

How well do you know your market? Take the poll, we will publish results in future stories.

 

*For a complete copy of the results email us at Paul@ewednewz.com

 

 

eWedNewz

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2012

The Week of October 1st in Review

By Paul Pannone

The release of a new retail program under the world-class Ralph Lauren label in Chicago helps settle the endless debate of whether to rent or own a tuxedo, giving consumers the option to do both. Until now there has not been a comprehensive retail program with a recognized brand that offers the flexibility of separate coat and pant sizing in finer fabric and affordable pricing.

The launch at the Bridal Market, Chicago, attracted the attention of better bridal store owners who deal in branded products for dresses and understand how to leverage the recognized names for higher profit margins.

Consumers searching for pricing information drove up a story released in June involving the average price of a wedding dress. Information provided by TheKnot showed the average cost holds steady at around $1,100 dollars nationally.

Print organizations work harder than ever to give advertisers value beyond magazines, melding print with digital. Magazine are proving data and information to their readers and advertisers to give a better understand of the market and what consumers are interested in.

 

 

eWedNewz

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2012