What's in a Name?
April 27, 2007 - Kevin Smith - comments (2)
What does “Multi-Channel” mean to you? For traditional retailers, multi-channel generally refers to the integration of web, catalog, POS, phone and kiosk sales into a cohesive retailing engine (dare to dream). For many eCommerce pure plays however, multi-channel often involves the ability to distribute products into multiple eCommerce channels such as a clearance site, auction site, comparison shopping portal or large public marketplace such as eBay or Amazon.
I thought I would share how a client’s unique focus in the sports vertical has allowed them significant growth online via a unique “Multi-channel” strategy. Steiner Sports Marketing is one of North America's premier sports collectible and Memorabilia companies, with many exclusive deals for sports-related products including relationships with sports licensing giants the New York Yankees and New York Mets . Their goal is too reach the true fan with the best product possible.
One of the key reasons for Steiner’s online success is a very target ed eCommerce distribution strategy aimed at their core audience – sports nuts. Steiner reaches this niche market by utilizing various vertical online auction sites and eCommerce destinations. They have developed a formula whereby they distribute inventory directly to web sites managed by the various sports leagues in North America – this strategy serves to build their brand amongst sports fans, and also acts as primary online sales channel for many of their products. Multi-channel retailing of a different sort you might say…
Below is a list of sites they currently sell products on.
MLB Yankees
MLB Mets
The NHL
Steiner uses these league sites to help drive awareness to their own private label auction destination, Steiner Auctions - http://auction.steinersports.com/ I think in the next couple of months you will likely see Steiner Sports continue to expand their multi-channel distribution business directly to wherever sports fans gather online.
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