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Retailers: Brace for a New Wave of Generational Disruption

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From eMarketer Retailers, still struggling to adjust to millennial shopping preferences, face a new wave of disruption from the youngest millennials, with Gen Z in their wake. While there are some similarities between the youngest millennials and their older predecessors, there are also distinct differences, according to an Accenture survey of nearly 10,000 consumers ages 18 to 37 across 13 countries. For instance, while Facebook remains the most popular social platform for both younger (21-27) and older (28-37) millennials, YouTube is actually the most regularly used social media platform among the very youngest group, those 20 and under. Meanwhile, two-thirds of the younger shoppers said they regularly use Instagram, compared with only 40% of the older ones. Echoing other survey findings, the study found the younger group was twice as likely as the older millennials to use Snapchat. Why does their social media preference matter?

Here's How to REALLY Prove Marketing's Value

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From MarketingProfs Research published in AdAge at the end of 2016 helped decode today's five CMO priorities. Two of those priorities fell squarely into the domain of marketing performance management (MPM). The first priority was measurement. However, the study revealed that not just any kind of measurement will do: To be effective, you need to be able to measure Marketing's impact. The second priority was the need to do a better job of justifying Marketing investments. AdAge was not alone in shining a light on those CMO priorities. The trend toward more compelling measurements of value were reflected in a Chief Marketer article that identified six trends for 2017, three of which included some type of measurement: cross-channel measurement, more sophisticated marketing measurement, and real-time attribution. And a Forbes article predicted that 2017 is the year Agile Marketing will be taken more seriously. Why? Because "agile marketing results in a measurable impro

Customer loyalty is not about the customer

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From Verizon : For every action, there is an equal and opposite reaction. Newton’s Third Law of Motion As a college student, I majored in physics where the Laws of Motion and the Laws of Thermodynamics provided a reliable framework for explaining how things work. With a basic understanding of these laws, one can make reasonable predictions about the behavior of things in the everyday world. Who knew, though, that these laws could also be relevant in explaining behavior in the world of a customer experience professional? The behavior of most interest to businesses in today’s digital economy is customer loyalty. They talk about it in employee webcasts. They track it on social media. They report on it in scorecards with metrics like churn, repeat purchases, and average revenue per user (ARPU). And in doing so, they completely miss the point. To put it in Newton’s parlance, loyalty is not an action, but a reaction.

2015 Annual Retail Trade Survey

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This  report  provides national estimates of total annual sales, e-commerce sales, end-of-year inventories, purchases, total operating expenses, inventories held outside the United States, gross margins, and end-of-year accounts receivable for retail businesses and annual sales, total operating expenses, and e-commerce sales for accommodation and food service firms located in the United States. The  Annual Retail Trade Survey (ARTS)  sample covers employer businesses classified in retail trade sector and accommodation & food services sector located in the 50 states and the District of Columbia. The ARTS excludes data for businesses located in the U.S. territories. The data are published on a  North American Industry Classification System   basis and the estimates are used to benchmark the monthly retail sales and inventories estimates each spring.

USCIS Will Temporarily Suspend Premium Processing for All H-1B Visa Petitions

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Starting April 3, 2017, the U.S. Citizenship and Immigration Services (USCIS) will temporarily suspend premium processing for all H-1B petitions. This suspension may last up to 6 months. While H-1B premium processing is suspended, petitioners will not be able to file Form I-907, Request for Premium Processing Service for a Form I-129, Petition for a Nonimmigrant Worker which requests the H-1B nonimmigrant classification. USCIS will notify the public before resuming premium processing for H-1B petitions. Who Is Affected The temporary suspension applies to all H-1B petitions filed on or after April 3, 2017. Since FY18 cap-subject H-1B petitions cannot be filed before April 3, 2017, this suspension will apply to all petitions filed for the FY18 H-1B regular cap and master’s advanced degree cap exemption (the “master’s cap”). The suspension also applies to petitions that may be cap-exempt. While premium processing is suspended, USCIS will reject any Form I-907 filed with an H-1B peti

Marketers 'Unaware' of FTC Social Media Guidelines Regulating Influencers

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From eMarketer : Influencers are taking an increasingly large chunk of the digital ad market, and many individuals with hefty, engaged social media followings are charging top dollar to work with brands to spread the word about their products and services. Guidelines from the Federal Trade Commission (FTC) require sponsored posts on social media to be tagged as ads. However, influencers and content marketers have very different levels of awareness about these guidelines, according to a survey conducted by Lightspeed GMI and Research Now for Izea. The study found that six out of 10 US influencers polled in September 2016 said they’re aware of or understand the guidelines, and another 23% said they’re aware of or at least somewhat familiar with them. Only 11% of marketers reported being aware of or having an understanding of these guidelines, while 23% said they’re “somewhat familiar.”

Data Breach Digest: Perspective is Reality

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From Verizon : Every year, the Verizon RISK (Research, Investigations, Knowledge, Solutions) Team investigates hundreds of cybercrimes and helps organizations recover fast. In the Data Breach Digest, we share some of our most interesting cases—anonymized of course—so you can learn from the lessons of others. Our 16 cybercrime case studies cover the most lethal and prevalent threats you face—from partner misuse to sophisticated malware. We set out the measures you can take to better defend your organization and respond quickly if you are a victim of an attack. A cyber attack isn’t just a problem for IT. The fallout can affect every part of your organization—from Legal Counsel to Human Resources and Corporate Communications. To reflect that, each of the cybercrime case studies is written from the viewpoint of a different stakeholder. That will help you understand the critical pivot points in an investigation and the kind of decisions you might be faced with if you’re a data breach