Reading the headlines, it sounds like e-commerce is a safe bet for brands, right?
Some e-commerce retailers are rolling the dice by going into conventional retail. The practice of going from e-commerce to brick-and-mortar has a name: Clicks to Bricks.
Why should e-commerce brands consider going the traditional retail route? Because their customers want the product IRL.
Look no further than a recent comment from Andy Dunn, senior vice president, digital consumer brands, Walmart. At the Business of Home's first Future of Homeconference
in New York City in September,
digitally native companies to invest in retail stores. It worked for Dunn – he co-founded men’s apparel line Bonobos in 2007. The e-commerce brand opened retail stores in 2012, then sold to Walmart in 2017.
While it’s convenient to order something online, humans are still tactile by nature. We want a connection to what we’re buying. And while retail may seem like a risky move for e-commerce brands, just remember the time when opening a store online was not only risky, but unheard of.
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