#l2thinktank

[antebellum-ny-blog]

Watch this excellent review of the transformation of retail and the influence of digital on revenue. 

[shantellmartin]

[shantellmartin]

Live Drawing demo at The Times Center.

[edgazarian]

Damn fine show to cap off this year's L2 Forum. #L2ThinkTank #latergram

[jwindmiller]

Mobile 2013 Trends via L2thinktank.com

As this study shows, mobility is here to stay and all businesses need to jump on the bandwagon.

[luxury-brands]

New Post has been published on Luxury Activist

New Post has been published on http://luxuryactivist.com/watches/digital-iq-for-watch-brands-by-l2thinktank/

Digital IQ for Watch brands, by L2ThinkTank

Every year the L2ThinkTank company releases the new ranking of Digital IQ for brands. Here are the results of for the Watch and Jewelry industries. To remind you the methodology, L2ThinkTank takes in account Mobile, website and Social media for each brand and classifies them depending on a certain score from <70 to >140. Here is the scale:

<70: Feeble investment does not match opportunities

Between 70 and 89: Challenged Efforts are inconsistent and siloed accross platforms. Site lacks inspiration and utility.

Between 90 and 109: Average Digital presence is functional yet predictable.

Between 110 and 139: Gifted Brands are experimenting and innovating across site, mobile, and traditional and emerging social media platforms. Digital presence is strong, complementing brand image and larger marketing efforts.

 > 140: Genius Digital competence is a point of competitive differentiation. Site experience is shoppable, searchable, shareable, and mobile-optimized. Social media is integrated across multiple platforms.

To start, here are the top 50 best companies in the Watch and Jewelry industry ranked according to the scale above.

As we can see many Swiss brands are high ranked like Tissot and Victorinox. Others, like Vacheron Constantin, Patek Philippe or even Rolex are still weak in the digital revolution. This revolution accelerated a lot thanks to the rise of Social Media. In deed the word of mouth and the recommendation topics turned to be online now. Here is the penetration of the major social networks in the Watch and Jewelry industry. Of course Facebook is the highest with a 96% of penetration. We are in the Facebook era anyway. But by looking closer, we can see for example the raise of Pinterest with a 55% of penetration rate. What Instagram never succeeded to do, Pinterest did it.

Another interesting diagram is the current implementation of mobile browsing for websites in the Watch and Jewelry industry. We can see that a large majority is still not Mobile adapted. Only 11% of websites have adopted technologies like the responsive design and only 32% have wap sites. We are here still talking about traditional desktop version websites. Let’s note a dramatic 6% that are even Mobile blocking, meaning they are impossible to browse via mobile. Most of the time it is because of flash animations and IOS.

Here is a diagram with the share of revenue in the Watch and Jewelry industry.

  If you wish to learn more about the L2ThinkTank services, here is a video about it.

You can also connect to the company’s website: http://www.l2thinktank.com 

So…. watch out! LA

  Info sourced at annual L2Thinktank segment report. All content is copyrighted with no reproduction rights available. 

[davidsandler]

As a follow up to my previous post about creating something simple to "taste," here is a brief clip of Scott Galloway - founder of red envelope and clinical professor at NYU - speaking about why things go viral.

[l2thinktank-blog]

When Anne Hathaway is mentioned in the press, Berkshire Hathaway stock spikes #l2thinktank (Taken with instagram)