According to performance advertising software Nanigans, retail marketers upped the cost of doing business last year by continuing to deploy outdated legacy software. Because of this, retailers lost out on $5 billion in net-new revenue.
“CMOs are allowing their marketing vendors and teams to focus on advertising metrics that may not mean anything for their business,” said Ric Calvillo, cofounder and chief executive officer of Nanigans. “Optimizing for incrementality could be the difference between a profitable and an unprofitable quarter. It’s the only metric that truly maximizes revenue profitably. At a time when the retail industry is facing major pressure from customers and competition, it’s critical that remarketing budgets are not wasted on consumers who didn’t need the advertising nudge to begin with.”
Thought bike shorts were going anywhere? Think again. The sporty trend was seen on the spring runways of Fendi, Area, Roberto Cavalli, and Stella McCartney to name some. Tap the link in bio to see what other major trends to expect this coming spring. #wwdfashion
Photographed by @Kukukuba
In a custom Dior dress fit for a supermodel, @karliekloss married her longtime love, @joshuakushner, in upstate New York yesterday evening. No word yet on honeymoon plans or, more interesting, the guest list. Kloss’ new sister-in-law, Ivanka Trump, did however share her congratulations when they couple became engaged in the summer. “So, so happy for you and Josh! I feel blessed to have you as a sister (!!!) Karlie and look forward to the happy memories we will create together as a family!” wrote Trump on Instagram. Tap the link in bio for everything we know so far. #wwdeye #rg
We are on the ground in Tokyo, a city known for its experimental style, shooting the best street style looks outside the shows. Tap the link in our bio for some serious trend inspiration from Tokyo Fashion Week. #wwdfashion
Photographed by @onilx