January 10th, 2012

Affluency: Three Trend to Watch for 2012 – AdAgeStat Article

Category:E-Commerce, Hara Partners | Posted By Vernon at 10:00 AM

For your convenience, here are excerpts of a very handy article.

(view Ad Age’s original article here)

Affluency: Three Trends to Watch for 2012

Source: Ipsos Mendelsohn

 

As we start the new year, many in the worlds of media and advertising are digging out from holiday-spending reports, and reflecting on what those shopping patterns tell us about consumer behavior and the American mindset. It’s a good time to look back and look forward. In that spirit, let’s look at the data we’ve collected about Affluent’s shopping patterns throughout the year, and distill it into three key takeaways to help marketers prepare for 2012 and beyond.

 

1. Value remains a top priority. Value has been one of the predominant marketplace themes for more than four years, growing in importance since the earliest days of the Great Recession. Our annual Ipsos Mendelsohn Affluent Survey — a nationally representative study of more than 14,000 adults living in households with at least $100,000 in annual household income — has explored the value-orientation that continues to be prevalent, even among financially successful Americans. When our 2011 annual survey was underway in Q1 and Q2…

  • 78% of affluents agreed, “When it comes to quality, I believe you get what you pay for.”
  • 60% of affluents agreed, “Even though the recession is ‘officially’ over, I am still spending money much more cautiously than I used to.”
  • Only 18% of affluents agreed, “I tend to buy based on price, not quality.”

Our September and October 2011 Ipsos Mendelsohn Affluent Barometer surveys found that value remains a prevalent theme today, even when consumers consider luxury purchases — for example, 89% agree, “When I decide to purchase a luxury item, I go out of my way to find the best price possible.” Conversely, only 22% of affluents agree, “If a luxury product goes on sale, it lessens the perception of luxury.”

 

2. Online shopping remains tremendously strong. This holiday season may show some weakness in overall spending, but our surveys suggest that online shopping will have remained strong through the holiday season (a conclusion that appears to be consistent with sales figures from Cyber Monday). Indeed, online shopping has long ceased being a niche aspect of affluents’ marketplace lives, and has come to rival their in-store shopping, at least in terms of “share of lifestyle,” if not “share of dollars.” For example, our November 2011 Affluent Barometer reveals that, among affluents…

  • On average, they tell us that three out of their last 10 purchases were online
  • 62% agree, “Online shopping sites usually provide a more convenient shopping experience than in-person retail stores.”
  • Affluents were evenly split in their agreement with this statement: “For most of the things I buy, I would rather shop online than shop in a retail store.” One-third agreed, one-third disagreed, and one-third were in the middle.
  • 14% of affluents indicated they belong to Amazon Prime (25% of affluents aged 18-34). Two-thirds of Affluent Amazon Prime members agree, “My online shopping has increased significantly since I joined Amazon Prime.”

 

3. Affluents are strategic shoppers. Window shopping, browser, and “shopping as sport” attitudes may all be less prevalent than a few years ago. It’s certainly clear that much Affluent shopping is carefully thought through and evaluated. Specifically, among affluents…

  • 64% agree, “I regularly read online reviews of products before making an online purchase.”
  • 47% agree, “I regularly read online reviews of products before making a purchase in a retail store.”
  • 68% agree, “When I go shopping online, I usually know exactly what I want to buy.”
  • 63% agree, “When I go shopping in a retail store, I usually know exactly what I want to buy.”
ABOUT THE AUTHOR
Bob Shullman and Stephen Kraus are president and chief research and insights officer of Ipsos Mendelsohn, respectively. The Ipsos Mendelshon Affluent Study has looked at trends affecting this demographic for 35 years. The Affluency column appears monthly on AdAgeStat.
November 29th, 2011

Hara Partners and Magento Commerce Meet & Greet

Category:E-Commerce, Events, Hara Partners, Magento Community | Posted By Vernon at 10:00 AM

On Wednesday, Novemeber 16, Hara Partners held a joint meet and greet with Rachel Enz, Magento Territory Sales Manager.

Hara Partners’ CTO, Jun Zhao, worked hand-in-hand with Rachel in leading a discussion about Magento Enterprise features and the latest Magento news and events.

Our attendees’ Q&A session eventually led into a more intimate setting where we were learned much from one another.

Thank you all who came.

Rachel Enz - Magento Commerce and Hara Partners Meet and Greet

Thank you to all

Jun Zhao - Magento Commerce and Hara Partners Meet and Greet

November 8th, 2011

B.Moss Photoshoot October 2011

Category:Clients and Work, Fun, Hara Partners | Posted By yuri at 10:00 AM

Once again Hara Partners and B.Moss join in for another eventful photo shoot! With Hara Partners Jenna Rochman, Michael Tai, and Vernon Fong everything was set in place and ready to shoot!

On set of the B.Moss Photo shoot.

November 1st, 2011

SHAE NY 2011 Fall Photoshoot

Category:Clients and Work, Fun, Hara Partners | Posted By yuri at 10:00 AM

Shae NY and Hara Partners came together for a full-blown product photo shoot for their Fall 2011 line.

  • A sample of our photo shoot
October 18th, 2011

Cyber Monday and the 2011 Holiday Season

Category:Hara Partners | Posted By yuri at 10:00 AM

While it may seem like a long ways away, it is never too early to begin planning for the upcoming Holiday 2011 shopping season.

Holiday season spending is making a grand rebound from the 2008 – 2009 recessions.  Last year, comScore reported this past year’s e-commerce spending in the November – December 2010 holiday season reached $32.6 billion, a twelve-percent increase from the previous year.  One of the leading factors of this phenomenal increase is the online shopping holiday Cyber Monday (similar to Black Friday).    Cyber Monday this past year was the first billion-dollar online spending day in history, and was the top online spending day of the season.

Holiday Sales Season Graph

With great anticipation, this upcoming holiday season should hold similar outcomes.  Take the time to prepare your company for the high demands shoppers during the holidays hold (hint: free shipping deals are a big hit) so that that this year will roll by with ease.

September 27th, 2011

No Website Sales? Top 10 Reasons Why

Category:Clients and Work, E-Commerce, Hara Partners, Work Flow | Posted By yuri at 10:00 AM

Many websites lack the sales they need for reasons that seem unknown to them.  A list was pulled together by QuBit to help companies understand what their websites are lacking, and how to correct them.

Here’s the breakdown:

Read more…

August 16th, 2011

Cafe Commerce – Some things are better left to CSS Ninjas

Category:E-Commerce, Hara Partners | Posted By hp at 10:00 AM

Any online store looks to obtain two things: functional simplicity and visual aesthetics.  With these two features, any store can draw their customers in and guide them through the shopping experience with ease.  There are times in which shortcuts are made, attempting to make these goals as easy as possible to obtain.  Unfortunately shortcuts don’t always prove to be the best method.

Example A: Cafe Commerce; a “simple-to-use” e-store factory that takes very little time or effort to establish for $30 a month.  A free 14 day trial is available, if one was curious about trying their hand at the program.  However, the overall experience is nothing less than disappointing.

cafe commerce theme

Cafe Commerce Theme


The general organization of the system is neat, but far too basic.  It is easy to navigate through the background structure of your store, simple to add or remove items, and quick to check the statistics on your sales.  Everything is properly labeled and explained on its function, but it limits the possibilities on how to design your online store.

cafe commerce

Cafe Commerce - Admin Panel


The themes available for the store websites are generic, plain, extraordinarily basic.  Nothing about these templates is exciting or grabbing, and would most likely lose a shopper’s intrigue quickly.  And what’s worse, the availability to go above and beyond what Cafe Commerce has to offer is not entirely out of reach.

There is the possibility to preform personal coding (Design > Advanced) with a red warning that this part of the design is for “CSS Ninjas only!”  Meaning: the potential to build your website using CSS coding is still very limited and basic while using Cafe Commerce.

Overall, Cafe Commerce only offers a small window of opportunity to create a fully-functioning and appealing online store.  When online stores first began to make an appearance, these website designs would have been considered advanced and top-notch.  Now, there is much more possibilities to make your store look interesting and navigational without the need for these simplistic templates.

Some things are just better left to the CSS Ninjas.

August 11th, 2011

7/13/11 Magento Group Meetup – Flexible Checkout

Category:Hara Partners | Posted By yuri at 10:00 AM

On July 13th, 2011 the NY Magento Meetup Group gathered together at Hara Partners’ office to talk about Flexible Checkout system.

In case if you missed our last meetup, here is a quick synopsis of what we discussed:

Flexible Checkout

Issues with Magento checkout:

Too tightly packaged

Time consuming to make changes

With our new Flexible Checkout system:

Each checkout step is separate

More flexible

Hours not wasted

Keeps security intact

Example Benefits:

Add coupon/promotion codes

Add store credit

Add policies and agreements

And more!

Stay tuned as we continue to release updates and news on the Flexible Checkout system and join us for more meetups on similar topics!

July 26th, 2011

B.Moss Photoshoot for Fall 2011

Category:Clients and Work, E-Commerce, Fun, Hara Partners | Posted By yuri at 10:28 AM

On the Thursday of July 7,2011 Hara Partners and B.Moss joined together for the creation of a long but fun photo shoot.

From creative direction, casting, shoot management and post-production retouching for final files,
Hara Partners made everything possible for our wonderful friends at B.Moss.

With help from the talented Meagan Hester who was in charge of hair and make up ,the three wonderful models (Allison Burnett, Stephanie, and Lauren Berlingieri), and HARA Partners’ Vernon Fong the B.Moss Photoshoot was a success!

July 22nd, 2011

V-Niceness of Polyvore Blogger

Category:Fun, Hara Partners | Posted By Vernon at 1:58 PM

This is Polyvore Blog Code WIP in action:

Art Gallery Opening


3 1 Phillip Lim lace blouse
$450 - net-a-porter.com

Neil Barrett high waisted skirt
$315 - stylebop.com

Christian Louboutin platform pumps
£635 - net-a-porter.com

Gorjana disc earrings
$70 - charmandchain.com

Larkspur Hawk face jewelry
$850 - barneys.com