JewelMint.com Evangelizes Push Shopping E-Commerce Model
The past few years have been filled with many new and innovative
methods for selling online beyond the traditional online store, in
efforts to compete, create a unique experience, and keep profits
strong despite economic setbacks. Some successful ecommerce models
have included group buying, penny auctions, and private sample
sales. Some models that have yet to prove
themselves as a success include co-creation (where consumers work
with the merchant to create the final product) and a few niche
social selling models. Now, “push shopping” is
becoming the new ecommerce buzz word as big Hollywood stars like
Kate Bosworth and Kim Kardashian lead the way into this newest form
of selling online.
One of the first online stores to take to the headlines for the
push shopping trend was Kim Kardashian’s ShoeDazzle, which features
a variety of fashion accessories like handbags, shoes, and jewelry.
Now a new online store has hit the scene, called JewelMint, which
features designs by Kate Bosworth and Cher
Coulter. The site is owned by the men behind
BeachMint which include serial tech entrepreneur, Diego Berdakin,
and MySpace Co-Founder, Josh Berman.
JewelMint.com uses a classic push shopping model and sets prices
at $29.99 per month. For those that do not know
what push shopping is, it is kind of like BMG Music meets a private
sample sale site. The idea is fairly simple:
First-time visitors of JewelMint are taken through a quick
questionnaire that determines their fashion
profile. Upon completing the questionnaire,
visitors then must put in their credit card
information. Next, a series of jewelry options
that are targeted to their fashion profile
appear. If they choose to buy one, their credit
card is charged and they become a monthly member.
Every piece of jewelry on JewelMint costs $29.99, which is the same
as the monthly membership cost. Each month, users
are sent a personalized catalog of products based on their fashion
profile. The $29.99 per month gives them 1 credit
towards a piece of jewelry from this personalized catalog, allowing
them to get one piece of jewelry each month.
Unfortunately, customers are not allowed to browse the full product
catalog and always must choose from the personalized product
catalog instead. If a customer does not want a
piece of jewelry that month, they will not be charged the $29.99
for the month. In other words, products are
pushed to the customer and purchasing a product becomes more
commonplace because customers are already committing to a $29.99
charge on their credit card.
Only time will tell if this new ecommerce model will take off,
but with Hollywood star power behind it, investors are very
optimistic. Clearly, this will be an ecommerce
trend worth keeping an eye on in 2011.
加载中,请稍候......