The Week of April 15th in Review

By Paul Pannone

The week of April 15th, 2013, will always be remembered for the tragedy and terrorist activities in Boston. Thoughts and prayers go out to victims and families of the terrorism.

Couples living in today’s society continue to move away from tradition and how weddings were once planned. An ongoing poll shows 62% are mindful of tradition (guided) while 24% say they’re paying for their event and will make their plans their own way. Combined, 86% of respondents so-far will plan their wedding to make them distinctive and unique.

The poll fortifies a new forecast by Sheryl Davies, owner of Bridal Talk. Davies, a wedding industry veteran, has managed to keep up– and ahead– of wedding planning and becoming a progressive thinker. Her show this Sunday hosted like-minded vendors who are keeping pace with consumer demand requiring the skill and knowledge to make their events elegant, memorable and affordable.

In other newZ Samantha Goldberg will be helping to promote destination weddings to Caribbean nations.

 

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The Week of April 8th in Review

By Paul Pannone

After a two-year investigation eWedNewz broke the story on the wedding charity, Wish Upon a Wedding, investigating allegations and assertions against the charity’s founders and how the organization is managed. This newZ source has stepped up our investigation looking into people who gave their time and abandoned the organization after a relatively short period.

Disillusioned ex-participants and volunteers are hesitantly coming forward telling eWedNewz their stories but are stopping short of going public. Some major wedding industry figures are giving their version of what happened in the Wedding Water Cooler but, oddly, have not come forward. This newZ source has determined that some are under a confidentiality agreement prohibiting them to speak freely.

An ongoing eWedNewz poll so-far shows 57% of respondents say Wish Upon a Wedding is a good concept managed poorly. 20% feel it’s a bad idea run by thieves, resulting in a 77% disapproval rate. 6% say Wish Upon a Wedding  is a very well-run, worthy cause. 14% of replies so-far say they’ve never heard of the organization but will be following the story.

 

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Chinese Get more Aggressive while American Gown Makers Look on

By Paul Pannone

On the first anniversary of an unprecedented meeting in New York the American Bridal and Prom Industry Association convened members of the wedding media to update them on the progress of efforts to slow down the rampant piracy of American goods and conceptual property. Members of the ABPIA board gave the gathering a realistic assessment of the current status saying the campaign enters another phase of an expected long, arduous process.

Bob Cahoon of Maggie Sottero gave the media gathering in New York his honest assessment of a very difficult situation. Steve Lang looks on.

Steve Lang took his usual place at the start of the meeting but yielded midway to Bob Cahoon, president of Maggie Sottero and board member. Cahoon reiterated what Lang has been telling eWedNewz and the wedding industry for over a year staying consistent with the message. Both Cahoon and Lang went beyond the usual rundown of what’s been done so far and stressed how the battle becomes more difficult with each win.

“They’re not going to just sit still and allow us to gain any ground; to the contrary they’re becoming more aggressive and tenacious in their efforts, ” Lang told eWedNewz.

According to Lang the battles won so-far were only preliminaries of what is to come. The illegal use of imaging and explaining how it hurts manufacturers is a difficult legal battle. Now the greater use of technology changing the face of models, creating an entirely different image, makes convincing a judge of a crime more difficult.

Exuberance of a year ago turned serious this time around, as Lang and the ABPIA fight an uphill battle for support from an industry whose nation is under siege. Lang cited a  New York Times story of how the middlemen and layers of overhead are being stripped away from the chain supply of manufactured goods. Lang and Cahoon admitted retailers are part of the traditional structure and conduit between their products and consumers. But rising cost of operation inflates prices  and is forcing some stores, including Vera Wang, to figure out how to stay competitive while boosting revenue.

“We know all the challenges that exist; they’re not going to go away. All we can do is adjust our businesses to the realities that are out there. The best we can hope for is to slow down the deterioration that is taking place,” Lang told the gathering.

An ongoing poll shows 71% of combined replies so-far think the chances of beating online piracy are fair-to-excellent. 26% of combined replies say chances are poor-to-impossible.

 

Only 5% of current replies say they would not join an industry organization. An overwhelming majority say they would support an organization that was well-run, offered good benefits and was not too expensive to join.

 

An appeal to the gathered media to spread the word about the organization was reinforced by board members. Cahoon told the members of the media he keeps track of the perception of the organization’s effort by having Maggie Sottero sales people ask accounts what they think. The results of the surveys were not clear or available for review, but Cahoon mentioned the $100 dollar membership fee was sometimes an issue.

On his own, Lang brought up plans to provide affordable healthcare to the broader  wedding industry beyond dresses. But while poll results so-far show a strong sign of support, actual membership does not show the results.

 

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The Week of March 25th in Review

By Paul Pannone

Vera Wang made top newZ this week getting U.S retailers hot and bothered over the prospect of charging brides to try on merchandise and fitting-room shopping time. But, as quick as it came, the Vera Wang organization scrapped the policy, succumbing to internet pressure and bad PR created by the move.

Celebrity wedding planner, Samantha Goldberg, issued a Press release announcing a long-awaited and talked about show . Goldberg made her rounds publicizing the show and has already started calling out organizations and people she alleges are misleading people and pocketing the profits. eWedNewz investigates further.

 

 

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The Week of March 4th in Review

By Paul Pannone

The week of March 4th deals with small businesses and their fight to stay alive. Vendors in every category find themselves in a fight for survival, including small, independent florists. But despite the tenacious nature of independent operators in every category an ongoing poll shows 76% of responses so-far feel they cannot win against big box operators (35%) while 41% say small operators need to start thinking like good business people– not good people in a business. eWedNewz continues our investigation into this story and welcomes your thoughts.

Similar poll result says manufacturers should not sell direct to the public , yet businesses continue to support those manufacturers that engage in direct sales to consumers via the Internet or by opening their own stores. eWedNewz continues to look at the disconnect between poll results and the actions of small businesses.

 

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Apathy and Indifference Grips the Country; Sounds Like The Wedding Business

By Paul Pannone

Over the weekend news reports  that proclaim America is yawning at the possible collapse of the nation comes as no surprise to most.  According to ongoing discussions apathy and indifference to the troubles facing the nation is a natural progression to how Americans view the problems after continuous coverage and nothing really extraordinary ever happening.

(yawn) An asteroid falling from the sky; another bomb explosion in the Middle east…. Zzzzzzzzzz. When’s the new I-phone coming out?

 

Members of the Wedding Water Cooler say the view of the world has distorted claiming half the people in America have less in savings in the bank than they spend on the newest I-phone. To prove our point we tweeted the statement while writing this story and got relatively little response back, other than the usual voices who are passionate about how they feel.

A year after eWedNewz reported Dessy selling products online, direct to consumers, the outrage quelled into an apathetic stance– along with many other issues that plague the wedding business.

 

More of the discussions in the cooler point to the people who just muddle through life instead of picking and choosing what really matters. The usual laments revisited several topics including the online sale of products by Dessy to consumers. The original story and follow-up showed overwhelming opposition to the practice.

An update still shows 76% of replies say manufacturers should not sell goods direct to consumers.

Similarly, opposition to manufacturers opening stores to compete with accounts was also struck down in a poll:

An update shows 78% oppose this action.

Over time similar polls that asked if it matters where products are made favored buying American if prices were about the same as products made in China or elsewhere. One poll in particular  overwhelmingly favors support to a wedding industry organization if it offered good benefits, was properly run and didn’t break the bank to join. Yet the show of support falls short of financial commitment when it comes time to make good on promises or to reach into the pocket and pull out the money.

The story was picked up by The New York TimesReporter, Stacey Solie, asked us why more people aren’t talking about this. Stacey’s story gives one account of hundreds-of-thousands of online transactions happening every year affecting the wedding dress business.

“What’s frustrating about that is it’s just another news story that people breeze over. But to our business  it’s the difference between keeping the lights on in lean months,” according to Steve Lang, President and Founder of ABPIA.

Lang and other WWC members say they’re interested in the principle behind why these issues exist. As the CEO of his own company Lang has more latitude to express his feelings freely when compared to other members who work and must rely on their means of support above giving their opinion.

“Thank God I am not interested in winning a popularity contest; I’ll just continue to do what I’m doing and hope that sooner or later people realize this is for the good of their business and in their best interest to support the efforts in whatever way they can,” says Lang.

 

How apathetic are you?

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The Week of February 11th in Review

 

 

 

By Paul Pannone

The wedding business continues to undergo the necessary changes to again appeal to consumers who’ve taken flight away from the same misinformation that’s been around for several generations. A move away from traditional methods of planning a wedding and towards recommendations from friend, family and trusted sources leaves many wedding marketers and those who (prey) make a living on the emotions of couples high and dry.

An ongoing poll shows 46% of respondents  feel wedding websites are outdated, no longer a factor and to the extreme extinct, now that the use of Social Media grows exponentially.

As a result newsstand sales of major bridal publications, specifically BRIDES magazine, continue to slide. eWedNewz readers say they’re amazed to learn subscription rates seem to rise as quickly as newsstand sales decline.

The distribution of printed material is hurt by both digital mediums; websites and Social Media.

eWedNewz continues to investigate the source of negativity in the wedding business, fueled by old-time marketers who have a firm grasp on the past and are unwilling to let go.

 

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The Week of February 4th in Review

By Paul Pannone

There is really nothing new to talk about when it comes to the wedding business, including directory listing website formats, now showing their age and facing obsolescence in the wake of the growing impact of Social Media. 47% of an ongoing poll so-far says wedding websites are outdated or extinct; only 24% so-far say they are fresh and up-to-date.

The decline is pegged to the declining number of formal weddings and rising number of wedding vendors competing for the lower numbers.

This week members of the Wedding Water Cooler identified and discussed wedding marketers who prey on newcomers to the industry or re-package old information and purport an old-time approach of selling to a new generation of brides and grooms to make a living.

Some of the marketers discussed includes Chris Evans, known for his battle fatigue, warlike approach to marketing. Evans was singled out because of his recent involvement with an ABC 20/20 segment that raised questions about the wedding industry– portraying it as a breeding ground for ripping off brides and grooms.

Attempts to contact Evans remain unsuccessful, along with other wedding marketing experts who refuse to return emails and calls. eWedNewz plans to ramp up our efforts in the weeks and months ahead.

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Yale Graduate Student Study Supports eWedNewz Reporting

By Paul Pannone

eWedNewz coverage of the shrinking traditional wedding market and its impact on vendors has sent Talking Heads of the industry, “Marketing Gurus” and their opinions to their room. Sources of spouts, rants, raves and supporters of back-slapping industry events who normally purport their opinions as fact are staying within their realm of expertise– away from the fray– when challenged to present evidence to dispute the findings of this newZ source about the shrinking number of marriages and rising number of wedding vendors to service the smaller numbers.

 Neil Carr, a graduate student at Yale School of Management conducting a study of the wedding business, supports this Newz source findings and conclusions about the wedding business. After years of surveys, discussion and debates all signs point to the wedding business in serious trouble, as the number of formal, traditional weddings decline and a greater number of start-up businesses fight for the shrinking numbers.

 

Anecdotal information and opinions are  replaced by respected data sources who do not have an ax to grind or hold any reason to dispute the credible findings of revered data sources, including PEW research, who report the cultural decline of marriages in the United States. While the market shrinks, more wedding businesses fight for the fewer numbers resulting in a decline in pricing ability and successful businesses.

An ongoing eWedNewz poll shows a majority of respondents (52%) say the wedding business is either stuck in neutral (24%) or deteriorating (28%).

 

Among a growing number of respected information sources contacting eWedNewz is Neil Carr of Yale Entrepreneurial Institute and a graduate student at Yale School of Management. A lengthy discussion with Carr last week agrees with eWedNewz findings, coinciding with his own independent study being conducted for Yale. Carr told eWedNewz the study is neither completed or conclusive but there is definite agreement between a three-year eWedNewz investigation and early findings of the Yale study.

Carr applied for membership in the Wedding Water Cooler for an unfiltered look at the wedding business and is being considered.

If you would like to contact Mr. Carr about his study email him at Neil.carr@yale.edu

eWedNewz continues our investigation into this story.

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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