Bulletin Provides Brick-and-Mortar Space for the Sales of Online Goods
Laura McQuarrie — June 2, 2017 — Business
References: bulletin.co & psfk
Although the idea of a permanent pop-up shop might seem to contradict itself, Bulletin is a start-up company that has made a business out of offering brick-and-mortar space where e-retailers may choose to sell their goods for a limited amount of time.
As an alternative to investing a lot of money into a long-term lease, online businesses are able to work with Bulletin to offer their exclusively web-only products to be sold.
Part of the reason that so many consumers love online shopping is the extremely user-friendly, intuitive experience. In the same way that goods are neatly categorized on the web, Bulletin's stores are curated by theme, such as gadgets, up-and-coming products or novelty clothing. Because consumers know the only other place that they'll be able to get the in-store items is online, they are drawn to enter the shop to see and interact with the objects in person.
As an alternative to investing a lot of money into a long-term lease, online businesses are able to work with Bulletin to offer their exclusively web-only products to be sold.
Part of the reason that so many consumers love online shopping is the extremely user-friendly, intuitive experience. In the same way that goods are neatly categorized on the web, Bulletin's stores are curated by theme, such as gadgets, up-and-coming products or novelty clothing. Because consumers know the only other place that they'll be able to get the in-store items is online, they are drawn to enter the shop to see and interact with the objects in person.
Trend Themes
1. Permanent Pop-up Shops - E-commerce websites can benefit from partnering with a company like Bulletin and testing brick-and-mortar space on a temporary basis to gauge consumer demand.
2. Curated Retail - Stores like Bulletin that offer curated retail experiences by categorizing goods by theme are meeting a consumer need for an easy and intuitive shopping experience.
3. Online-to-offline Retail - By bridging the gap between online e-commerce and brick-and-mortar retail, Bulletin is taking advantage of the latest trend of bringing online retailers offline to offer consumers a multi-channel experience.
Industry Implications
1. E-commerce - E-commerce companies can benefit from partnering with Bulletin and testing brick-and-mortar space on a temporary basis to gauge consumer demand.
2. Retail Technology - Technology companies in the retail industry can partner with Bulletin to offer solutions that integrate e-commerce and brick-and-mortar retail experiences.
3. Retail Real Estate - Real estate companies focused on the retail industry can benefit from offering flexible, short-term lease options to companies like Bulletin that are looking to test the waters with pop-up shops.
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