VENDOR INCENTIVES PROGRAM (VIP) · 2016-09-26 · MEN-Noteworthy-KHAKI Pant Styles are + 52%, lead...
Transcript of VENDOR INCENTIVES PROGRAM (VIP) · 2016-09-26 · MEN-Noteworthy-KHAKI Pant Styles are + 52%, lead...
Size of Business = Revenue over the trailing 12 months
Business Growth = Revenue Growth over the Trailing 12 Months versus Prior 12 months
Profitability = Vendor Margin (Profit/Revenue), Includes Vendor Funding and Terms
Inventory Management = Inventory Turnover Rate
Operational Performance = PO Management, Supply Chain Responsiveness and Special Projects
Designed to optimize the customer experience and reward the most strategic vendors
VENDOR INCENTIVES PROGRAM (VIP)
Sales Performance
INCREASE TO LAST YEAR PERCENT TO TOTAL
MEN’S 36% 80%
WOMEN’S 30% 14%
KID’S 56% 6%
TOTAL SALES DOLLARS ARE UP 37% TO LY
2017 sales dollars are projected to increase by 29%
MEN
MEN-Noteworthy-
KHAKI Pant Styles are + 52%, lead by the relaxed taper comfort waist
X-Series Denim has sold close to 9,500 units YTD, slim fits being the strongest
13” Inseam Shorts sales are up 30% TY and represent 45% of total shorts sold
Heavyweight Pocket Tee sales are up 50% YTD
Premium FLEX denim to debut on Amazon this month
KHAKI Fit Story
Enhanced Product Detail Pages A+
Enhanced Product Detail Pages A+
Women
Women
PLUS Styles are +57%
5-Pocket Denim styles are + 41%
Short Sleeve Work Shirt is + 39% & Solid Pique’ Polo in regular sizes S-2XL is + 15%
Long Sleeve Plaid Shirt Program is established and Year-Round, 10.5K units sold
Introduced Women’s Modern Fit Pull-on Styles (Knit/Bi-Stretch Twill & Denim)
-Noteworthy-
Women’s Denim Fit Guide
Women’s Twill Pant Fit Guide
Enhanced Product Detail Pages
A+
KIDSBoys
Girls
KIDS-Noteworthy-
Dickies Boy’s Polo was the #1 purchased Kid’s uniform item for Back-to-School YTD boy’s pique’ polo is + 86% and boy’s performance polo is + 231%
Amazon Buyer recognizes Dickies Kids as a Year-Round Business, referred to us as the “Only Game in Town”
Dickies Boys Basics remain strong despite French Toast BTS launchUltimate Khaki has the highest ratings of any Dickies product given the # of reviews
Dickies Kids are exceeding profitability goals as buyer re-set prices above MAPSUCCESS STORY
Boy’s Ultimate Khaki
Boy’s Performance Polo
A+Enhanced Product Detail Pages
Boy’s Denim Fit Guide
Girl’s Denim Fit Guide
LOWEST PRICE OF THE SEASON – FATHER’S DAY
E-MAIL Blast
AMG Campaign
LOWEST PRICE OF THE SEASON RESULTS
28 MILLION Impressions
202,000 Glance Views
$4.95 return on ad spend vs. $5.00 KPI goal
Overall sales were up 47.5% Y.O.Y.
PRIME DAY – JULY 12THVIP Vendor in-cart Promotion
Prominent above-the-fold placement on Amazon’s homepage
30% off Clothing for Prime Members only
Secured three Lightning Deal Spots (two Men’s/one Women’s)
Participated in a ‘Deal of the Day’ leading up to Prime Day
PRIME DAY Results
- Lighting Deals sold 797 units
- Dickies largest sales day in Amazon history Sales were up 104% to Prime Day last year
- Deal of the Day inclusion sold 228 units
Denim Node
SPRING EPC
Amazon Marketing Services
AMS – Dickies KHAKI headline vs. DOCKERS
Click through to Denim Node
AMS – Current Headline Campaign Examples
Total sales are calculated from the sales generated from clicks on your ads for up to two weeks after those clicks occur. This includes sales of the products you advertised as well as sales of other products associated with your brand that can be attributed to those clicks. If you’re running multiple campaigns for products in your brand, we de-duplicate attributed sales to avoid double reporting. For Headline Search and Product Display ads -but not for Sponsored Products ads- total product sales includes sales fulfilled by both Amazon and third-party sellers.
AMS – Dickies Uniform Polo
AMS Campaigns – Keywords & Customer Search Terms
Can select Add all for the purpose of finding keywords
Using the ADD ALL feature to Find Search Terms
Search Terms results generated by Add All Campaign
AMS ASIN Copy & Paste
Dickies Brand Store today
Brand Store Refresh Rough Mock-up
SLIDE SHOW…
….and/orExample slides: Scrubs – Chef – Backpacks & Tool Bags – Belts & Accessories
Brand Store Refresh – Licensed Categories
VINE
Q4 MarketingVIP In-Cart Promo for Black Friday/Cyber Monday (Tentative/TBD)
LPOS – two weeks in November/December (Tentative/TBD)
Deal-of-the-Day Participation (TBD)
DENIM EPC and Women’s EPC featuring Pull-On Styles
Halloween Shop
Best Deals/Lightning Deals
Coupon Test(s)
WD Best Practices
• Weekly conference call with Men’s Workwear Sr. Vendor Manager
• Bi-weekly conference call with Women’s Buyer
• Monthly call with Kid’s Buyer
• Monthly forecasting call with Sr. Vendor Manager and Buyers
• Monthly call with Sr. Vendor Manager to review operational performance
• Weekly recap for Buyers – fill rates, OOS, in stock dates, obsolete SKUs (to turn off), suggested order builds
Vendor Report Card
CHALLENGESPurchase Order window – WD is currently at four days, Amazon goal is three
Shortage Deductions – unusually high and unfounded, poor dispute process
Chargebacks – Amazon is quick to take and slow to return, reversal process is often tedious and labor intensive
Allowances expected from vendors (transportation/damages/co-op…) The unknown
Marketing policies have tightened, onus on vendor for 100% financial support
Reliance on the “system”, little or no manual intervention from Buyers, inventory more micro-managed than ever before