Former Revlon head joins Saks’ board of directors
NEW YORK — Former Revlon executive Jack Stahl has been appointed to Saks’ board of directors, effective Jan. 16. He also will serve on the audit committee of the board.
Stahl has more than 30 years of management, finance, and consumer products experience and currently devotes his time primarily to serving on both corporate and not-for-profit boards and advisory work. From 2002 through 2006, he served as president and CEO of Revlon. Prior to joining Revlon, Stahl spent more than 20 years with Coca-Cola. He joined Coca-Cola in 1979 and moved through the ranks in the company’s finance department, becoming CFO at the age of 36. Subsequent to that, he held various operational roles of increasing responsibility, eventually serving as president and COO of the then-$20 billion consumer soft drink company. He began his career at Arthur Andersen.
Stahl also serves on the boards of directors of Dr Pepper Snapple Group, Coty and Delhaize Group.
The company also announced that Ronald de Waal, chairman of WE International, B.V., a Netherlands retail and fashion company, and Christopher (Chris) J. Stadler, managing partner of CVC Capital Partners, both resigned from the company’s board, effective Jan. 16, each citing that their future schedules were not likely to allow sufficient time to devote to their Saks board responsibilities.
The top promoted brands of 2011 revealed
SOLON, Ohio — An analysis conducted by ECRM of retailers’ ad circulars during 2011 showed some familiar names dominated the list of top promoted brands and revealed some interesting movements among others.
The ECRM report showed use of circular print ads grew by 5.5% in 2011 despite increased activity overall in the areas of online, mobile and social.
“The printed circular remains the core method of how retailers communicate value to consumers, and it’s clear that most top brands have increased their use of circular ads in 2011,” ECRM VP industry insights Tom Pirovano said.
Among the highlights of the report:
The top promoted fresh/frozen/perishable brands revealed significant shifts in ad support. While Oscar Mayer (No. 1) and Tyson (No. 2) retained the top two spots, Yoplait rose to No. 3 from No. 8 in 2010. Johnsonville rose from No. 13 in 2010 to the No. 5 promoted perishable brand. Kraft was the only brand ranked among the top 20 promoted dry grocery and perishable brands.
Among health and beauty care brands promoted by retailers, Crest and Dove ranked No. 1 and No. 2, respectively. Neutrogena jumped to No. 3 from No. 8 in 2010. The rollout of Allegra one year ago included strong support in retailer circulars leading to its No. 9 ranking among HBC brands.
Bounty (No. 1) and Tide (No. 2) lead the top promoted nonfood grocery brands, while Kleenex moved up one spot from No. 4 to No. 3, replacing Charmin (No. 4). Procter & Gamble brands received more retail ad support than any other manufacturer while P&G ad block counts increased by 18% versus 2010.
Across all categories, five of the top 10 promoted brands were electronics and appliances: Samsung (No. 1), LG (No. 2), HP (No. 3), GE (No. 4), and Sony (No. 5).
Private-brand ad counts grew by 2.7% in 2011, failing to keep pace with overall growth in circulars ads. Across all retailers and categories, private brands declined from 18.8% to 18.3% of total retail circular ad support.
To arrive at these results, ECRM looked at retail ad support measured in weighted retail ad block counts for 119 top U.S. and Canadian retailers across channels. Ad support reflects the 52-week period ended Dec. 31, compared with the prior year.
Click here to view more details.
Study: Beauty marketing gone social; marketing forays suggest untapped promise
PARSIPPANY, N.J. — Beauty brands rapidly are moving ahead with their social and mobile strategies to allow viral campaigns and create new consumer relations opportunities. But there’s no cookie-cutter approach, and brands are experimenting with what approaches work best for their business, according to a new report by consulting and research firm Kline.
The “Beauty Marketing 2011: U.S. Promotional Activities and Strategies Assessment” report found that during the recent holiday season, marketers ramped up their viral campaigns to attract consumers who turned to social media platforms for the best deals on their personal care products. However, social media is not the only tool marketers are experimenting with to connect with consumers; couponing and price promotions are experiencing a comeback, strengthened by consumer desire for special offers and free or discounted items. Yet, Kline noted, even traditional couponing is being challenged by the growing trend of mobile marketing, where marketers are finding that mobile couponing offers significant advantages over paper-based forerunners in delivering higher redemption rates and encouraging impulse purchases.
Such traditional marketing methods as broadcast and print media and in-store merchandising have been long-standing marketing tools. Yet within these established tools, marketers are both threatened by new technologies that allow potential customers to screen out TV commercials, and are constrained by inflexible publication dates and comparatively high costs. Social media’s real-time adaptability and keyword-based targeting strongly complement the parallel of traditional and proven marketing efforts, and concurrently tap into a savvy, trendsetting demographic.
The study found that cutting-edge beauty marketers are experimenting with a range of social media platforms by establishing a presence on such websites as Facebook, YouTube or localized Foursquare, where they can connect with the community and more accurately target a given demographic. The marketers are tapping into the emerging potential of “f-commerce” and “m-commerce” that blur the line between social media as pure communication tool and as an emerging sales channel. These marketing forays, still in their infancy, invite cautious optimism but suggest great untapped promise for marketers, according to Kline.
“Consumers now have the ability to do extensive real-time evaluations on products and prices before they purchase,” noted Donna Barson, senior associate at Kline’s Consumer Products practice. “The growing ubiquity of new, on-the-go technologies, such as smartphones and tablets, are also creating a better-informed and more accessible consumer."
"The landscape for marketing beauty products has changed dramatically over the last several years, with brands moving from traditional advertising as promotional vehicles, to also include social marketing, mobile marketing, enhanced loyalty programs, new sampling methods and more," Barson continued. "However, there is no cookie-cutter approach to all, and brands are experimenting with what approaches work best with their business model, their consumer base and the image they want to project.”