
ARMONK, N.Y.  -  27 Jun 2013: IBM (NYSE: IBM) today  announced that wehkamp.nl, Netherland's largest online retailer will  use IBM cloud-based merchandising analytics to manage markdown pricing  to better meet customer demand and improve profitability. With the  addition of this solution, wehkamp.nl takes full advantage of IBM's Cloud Suites for the C-Suite of  marketing and merchandising solutions resulting in a more personalized  shopping experience, improved overall service levels as well as margin  and revenue growth.   
Headquartered in Zwolle, Netherlands, wehkamp.nl caters to a digital  customer base, with 51 percent of new customers aged 35 or younger. With  more than 122 million visitors to their site in 2012 alone and more  than 15.6 million products sold, wehkamp.nl relies on big data and  analytics to provide their customers with a personalized and tailored  online shopping experience.
An existing IBM Digital Analytics, Cross Channel Marketing and  Customer Experience Management customer, wehkamp.nl will now add  capabilities from IBM's Price, Promotion and Product Mix solutions that  will help wehkamp.nl to maximize profitability and improve inventory  productivity for items that have entered the clearance process.
As an online retailer selling fashion merchandise, at the end of  every season, wehkamp.nl is faced with having to plan clearance pricing  and markdowns to sell through remaining inventory and  make room' for  next season's merchandise. With the help of IBMs Smarter Commerce  initiative, wehkamp.nl can make more informed decisions on the depth and  timing of their markdowns, ensuring they meet inventory, profit and  revenue objectives.   For example, online fashion retail typically  involves a high percentage of returns due to customers ordering multiple  sizes or colors. This impacts remaining inventory and needs to be  factored into the markdown process to make better decisions.
 As an online retailer, we realize the importance of taking a  holistic approach to our marketing campaigns and providing our customers  with the right products, at the right price, through the right online  experience.  said Alexander van Slooten, Marketing Director, wehkamp.nl.   Through IBM's solutions, we are able to put our customers firmly at  the center of everything we do, whether it's managing markdown prices,  delivering email campaigns, or improving our online experience. 
 wehkamp.nl is a valued customer, using our full IBM Smarter Commerce  enterprise marketing management offerings to provide a personalized and  relevant online experience for their customers,  said Craig Hayman,  General Manager, IBM Industry Solutions.  Through the use of big data  and predictive analytics, wehkamp.nl has streamlined the marketing and  merchandising processes, proving customization and informed planning, is  the best way to meet customer needs. 
IBMs Smarter Commerce initiative features software and services that  help companies transform their business processes to more quickly  respond to shifting customer demands in todays digitally-transformed  marketplace. The initiative is driven by C-suite executives who are  increasingly looking for ways to bring new levels of automation to  merchandising, marketing and fulfillment to secure greater customer  loyalty.
Through current IBM solutions, including IBM Digital Analytics, IBM  LIVEmail, IBM Campaign, and IBM Customer Experience Management,  wehkamp.nl has experienced a 271 percent higher sales-per-send ratio for  marketing emails, including a 23 percent higher open rate and a 68  percent higher click-through rate, and a 500 percent increase in the  click-through rate for its banner ads. With the addition of IBM  DemandTec Markdown Optimization wehkamp.nl can now look to achieve  similar benefits within their merchandising function.
More information on Smarter Commerce can be found at www.ibm.com/smarterplanet/us/en/smarter_commerce/overview/
								
							 
								
							
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