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Nordstrom's vp of creative projects Olivia Kim: 'Earning trust is how you gain wallet share'

The Glossy Podcast · with Olivia Kim · April 4, 2018 · 35 min

Summary

This episode with Nordstrom's Creative Projects VP Olivia Kim reveals how legacy retailers can innovate to attract new customers and wallet share. Kim's strategy focuses on curated pop-ups, exclusive brand collaborations with digitally native brands, and fostering trust to transform Nordstrom into a dynamic fashion destination. It's a masterclass in blending experiential retail with strategic partnerships to capture the modern consumer.

Key takeaways

Themes

retail & omnichannelbrand & contentdtc strategycustomer retention

Topics covered

experiential retailbrand collaborationspop-up shopsdigitally native brandscustomer acquisitionfashion merchandising

Episode description

Olivia Kim joined Nordstrom and moved from New York to Seattle in 2013 as the director of creative projects. Now vp of creative projects, she’s in charge of Nordstrom’s pop-up shops, brand collaborations and exclusives with digitally native brands. Essentially, her role boils down to recruiting new customers to Nordstrom by making it more of a destination for fashion inspiration and brands that can’t be easily found elsewhere. On the Glossy Podcast, Kim discussed how she formed her position and, eventually, department, how fashion collaborations have evolved, and what appeals most to customers.

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Frequently asked about this episode

What does this episode say about retail & omnichannel?
Cultivate trust through unique experiences and authentic collaborations to increase customer loyalty and "wallet share."
What does this episode say about brand & content?
Leverage pop-up shops and exclusive partnerships with digitally native brands to attract new customer demographics and offer hard-to-find products.
What does this episode say about dtc strategy?
Position your brand as a "destination for fashion inspiration" by curating exciting, authentic experiences beyond traditional retail transactions.
What does this episode say about customer retention?
Focus on storytelling and community building to captivate discerning customers and differentiate your brand in a competitive market.

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