News that Amazon is introducing at least seven private label fashion brands in early 2017: Franklin & Freeman, Franklin Tailored, James & Erin, Lark & Ro, North Eleven, Scout + Ro and Society New York, represents a significant breakthrough.
These surrogate labels may not shake the foundations of Food and H&B brands - yet - but if Amazon strengths are applied to the concept, then the possibility of some real incremental competition may warrant a place on the NAM agenda.
For instance, Amazon could optimise its data-collection capabilities to read consumer trends and deliver products to match them; fill gaps in its merchandise selection that leading brands won’t supply, and, most importantly perhaps, ride the sea-change taking place in retail and fashion toward the see-now, buy-now, wear-now movement.
Adding speed and efficiency o these strengths make them unique to Amazon…and migrating them over to private label Food and H&B would be a small step for Amazonkind…apart from revealing and filling range gaps of which even brand owners are currently unaware.
So there are advantages for all in monitoring Amazon’s early moves, however distant from a NAM’s remit...
Or why not wait until it becomes a proper threat?
These surrogate labels may not shake the foundations of Food and H&B brands - yet - but if Amazon strengths are applied to the concept, then the possibility of some real incremental competition may warrant a place on the NAM agenda.
For instance, Amazon could optimise its data-collection capabilities to read consumer trends and deliver products to match them; fill gaps in its merchandise selection that leading brands won’t supply, and, most importantly perhaps, ride the sea-change taking place in retail and fashion toward the see-now, buy-now, wear-now movement.
Adding speed and efficiency o these strengths make them unique to Amazon…and migrating them over to private label Food and H&B would be a small step for Amazonkind…apart from revealing and filling range gaps of which even brand owners are currently unaware.
So there are advantages for all in monitoring Amazon’s early moves, however distant from a NAM’s remit...
Or why not wait until it becomes a proper threat?
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