Kognitiv is proud to have again played a part in the success of this annual event.
The Nordstrom Anniversary Sale has become a retail phenomenon.
When other retailers look at the summer months as a slow period with racks of
clearance items and no new merchandise, Nordstrom has changed the game by
creating something popular, unique, and un-replicated. The sale is not a
promotion or clearance. Instead, new fall merchandise is stocked just for this
event. Over 100 brands were added to this year’s Anniversary assortment.
“Anniversary is an event of scarcity. That creates
excitement,” said Jamie Nordstrom, president of stores. “Most of our focus is
how to make the Anniversary Sale even more fun, how to create more engagement,”
said Jamie. “Our customers love it because it’s fun. We’ve got to make sure we
don’t lose sight of that aspect. You’ve got to get there first to get the best
selection. It’s like concert tickets — you’ve got to get them before they’re
sold out.”
The Anniversary Sale gives Nordstrom’s most loyal,
highest-spending customers a first crack at shopping designer discounts on new
fall styles, at 25% to 40% off. Other loyal but lower-spending cardholders get
access soon after, and eventually all shoppers get access to the event.
That’s where Kognitiv comes in. Our KLS platform calculates
and holds the tiering allowing access to the sale to be staggered.
During the 2021 Anniversary event, sales increased 1%
compared with 2019. “A compelling merchandise assortment, combined with new and
differentiated services and experiences, contributed to strengthening customer
engagement and improving financial results during our Anniversary Sale,” said
Pete Nordstrom, president, and chief brand officer of Nordstrom Inc. At
Kognitiv, we are incredibly proud and honored to have once again played a role
in helping drive engagement, revenue, and a sense of expanded loyalty among
Nordstrom’s most loyal customers.


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