Kevin Hillstrom: MineThatData

Exploring How Customers Interact With Advertising, Products, Brands, and Channels, using Multichannel Forensics.

February 01, 2007

Customer Service: Do You Pull An Item Off The Website If It Is Sold Out?

The esteemed Becky Carroll at Customers Rock! describes an experience she had at Coldwater Creek.

An element of her discussion is interesting to me. What you do with online items that are sold out? In Becky's case, she clicked on sale items, only to be told that the item was not available. Other items were placed in her shopping cart, only to later disappear, because they were also sold out.

Becky describes a common problem in multichannel retailing. What she experienced, as a customer, is not optimal.

Now let's put yourself in the place of an employee at Coldwater Creek. You purchase 10,000 units of this dress. You publish the item in a catalog, you pay Google additional money for the keyword "Dresses", and oh oh, sales go crazy. Within a week, you sell out of most of the skus.

If you pull the item down from the website, you won't know how many units you 'could' have sold. Keeping the item online allows you to count the fact that you might have sold 19,000 units. Next year, you have a much better idea about how many items you need to purchase. For this reason, many employees at multichannel retailers want to keep recording the 'demand' for these items.

So --- my question for you, the loyal reader, is this: Do you disappoint 9,000 customers like Becky by leaving items online when they are sold out, or do you give Becky a better shopping experience today, but fail to purchase enough items for next year (or purchase too many), disappointing next year's customers and hurting next year's profit and loss statement? If your job security is based on correctly forecasting the right number of units, you'll want to keep those items online, so you can correct your error from this year.

I don't think there is a right or wrong answer. I do want to hear your thoughts, because it is a dilly of a pickle.

By the way, if you want a thankless job, go work for a multichannel retailer as an inventory manager. It's not a lot of fun to be wrong every single time you forecast sales.

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December 21, 2006

Mack Collier, Becky Carroll and the Z-List

Update December 22, 2006, 11:13pm PST: Seth Godin has a Squidoo lense allowing you to rank each blog on the Z-List. Here is the link.

Time to address a few things happening in the marketing blogosphere. Mack Collier, who writes the consistently interesting blog, The Viral Garden, started a concept called the "Z-List". Mack tried a strategy to get links and attention for blogs that are not on the "A-List".

The concept has accomplished the "viral" nature intended by Mack. This week, Becky Carroll at Customers Rock! added our blog to the list. How nice, Becky. No wonder your blog has taken off so quickly!

Below, I include a copy to the list of blogs that have been mentioned, so far. Each of these blogs acquires another link, and hopefully some traffic. I visited every one of these blogs, there is some interesting information that you might enjoy perusing. Here's the list, as it resides on Becky's site. Once we get through this list, I'll add a few blogs that I follow to the list.

The "Z-List":

Shotgun Marketing Blog
BrandSizzle
bizsolutionsplus
Customers Rock!
Being Peter Kim
Pow! Right Between The Eyes! Andy Nulman’s Blog About Surprise
Billions With Zero Knowledge
Working at Home on the Internet
MapleLeaf 2.0
darrenbarefoot.com
Two Hat Marketing

The Emerging Brand
The Branding Blog
CrapHammer
Drew’s Marketing Minute
Golden Practices
Viaspire
Tell Ten Friends
Flooring the Consumer
Kinetic Ideas
Unconventional Thinking
Buzzoodle
NewsPaperGrl
The Copywriting Maven
Hee-Haw Marketing
Scott Burkett’s Pothole on the Infobahn
Multi-Cult Classics
Logic + Emotion
Branding & Marketing
Popcorn n Roses
On Influence & Automation
Bullshitobserver
Servant of Chaos
converstations
eSoup
Presentation Zen
Dmitry Linkov
aialone
John Wagner
Nick Rice
CKs Blog
Design Sojourn
Frozen Puck
The Sartorialist
Small Surfaces
Africa Unchained
Perspective
gDiapers
Marketing Nirvana
Bob Sutton
¡Hola! Oi! Hi!
Shut Up and Drink the Kool-Aid!
Women, Art, Life: Weaving It All Together
Community Guy
Social Media on the fly

MovieMarketingMadness
UniqueEpitome
ReBang
uzyn
TheQualitativeResearchBlog
MineThatData
Experienceology
Freaking Marketing
Really Small Fish
The Orange Yeti

And here are several additions that I believe are appropriate for this list!

Note to CMO
My Name is Kate
Bly.com Blog


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