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David Cost

Senior Ecommerce and Digital Marketing Executive
Devon, PA
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david@costonline.com
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610-256-0583
Ecommerce and Digital Marketing innovator with a strong track record of growing brands, sales and profitability. Rare combination of marketing, business, operational and technical skills. I spent the first part of my career as a management and technology consultant. In the next phase I co-founded and grew one of the early price comparison shopping websites. Currently I lead the ecommerce and digital marketing initiatives for a national omnichannel retailer in the fast fashion space. I have partnered in the development of new digital marketing and ecommerce technologies as a beta tester and early adopter with companies including Oven Bits, BloomReach, TellApart and 8thBridge. I have served on the customer advisory boards for BWG Strategy, Listrak and Demandware. I have been a speaker at Shop.org, eTail East, Fashion Digital New York, GrowFashion and Demandware XChange.
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Work Experience

Rainbow Shops

VP of Ecommerce and Digital Marketing
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Jan 2015 - Current

Rainbow is the billion dollar retailer with 1100+ stores that many people don’t know. The current owners bought the business in the early 1980’s when it was a small 20 store chain. They have grown it to its current size without spending any money on marketing. Rainbow has a strong presence in the urban communities it serves. I was hired to accomplish two things. First, grow an existing ecommerce business from less than 1% of sales to 7-10% of sales. Second, build a marketing capability to introduce and extend Rainbow beyond its brick and mortar footprint. Rainbow has no intention to open stores in suburban malls but we would like to compete for those customers digitally.

Ecommerce

  • P&L responsibility for ecommerce business
  • Report to owners
  • Grew the ecommerce business over 70% in the first year
  • Led a redesign of the Rainbow website that resulted in a 30% increase in conversion rate
  • Launched native apps for iOS and Android
  • Added the capability to ship internationally utilizing Borderfree
  • Expanded product assortment to include lingerie, kids and school uniforms
  • Managed startup of new warehouse and order fulfillment operation

Digital Marketing

  • Email and SMS

– Doubled the size of our email list in the first year

– Developed a program to collect mobile numbers and email addresses from brick and mortar customers via SMS

  • Social Media

– Improved customer service via social on all platforms by utilizing new in-house customer service group

– Run weekly contest supported by in-store signage to incentivize customers to submit photos of themselves #RainbowStyle

– Feature User Generated Content (UGC) on website by utilizing technology from Pixlee

– Publish video from fashion photo shoots on SnapChat

Education

The Wharton School, University of Pennsylvania

Bachelor of Science Decision Sciences and Finance
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May 1985