Inside Retail

AUGUST 16, 2021

As the quality of living and workers’ wages reached new heights, Western brands spotted a golden opportunity and raced to set up shop in the East to reach China’s 1 billion consumers (and counting). Still, many Chinese citizens were unable to afford – or unwilling to pay full retail prices – for foreign-branded items.

Consumer 130

Consumer Beauty and Health Fashion Accounting 130

Inside Retail

OCTOBER 12, 2023

This can be attributed in large part to the introduction of image-focused social media platforms like Instagram in 2010 and TikTok in 2016, which have made it easier for memes and fads to go viral and – just as rapidly – fade into obscurity. It’s not just that trends have become more fleeting, they’re also more fragmented. Data from Market.us

Fashion 130

Fashion Consumer Marketing Retailing Pricing 130

Indigo 9 Digital

MAY 17, 2022

One of the reasons it has grown so fast is that platforms like StockX make it easy for consumers to put up their coveted merchandise for sale in a secure and transparent manner. But when StockX launched in 2016 it made reselling goods even easier. 25% of the items sold on StockX are sold for less than retail price.

Drop-Shipping 98

Drop-Shipping Payment Services Marketing Shipping 98

Retalon

OCTOBER 24, 2023

Some retailers are facing backlash over images showing piles of unsold inventory that have been burnt or destroyed. This overstock issue is not new, and retailers have tried to manage their unsold goods through donations and resellers, but there is simply too much inventory. How do retailers get into this mess?

Markdowns 41

Markdowns Fast Fashion Consumer Accessories 41

Wiser

AUGUST 17, 2018

BOGO is a great discount technique to use to appeal to consumers. Institute of Management, Kadi found that shoppers are more likely to participate in BOGO promotions because the products seem to have no extra cost and are more valuable due to the deal. BOGO can help you achieve one of the biggest retail goals, creating loyal customers.

Advertising 112

Advertising Promotions Visual Merchandising Store Layout 112

Wiser

AUGUST 23, 2018

This allows the remaining retailers who did follow the policy to have more price flexibility and a chance to increase their margins. Preventing Price Wars. One reason why manufacturers set MAP policies in place is to prevent price wars from starting between competing retailers. This is a win-win for both parties.

Advertising 60

Advertising Retailing Pricing Marketing Management 60

Retalon

FEBRUARY 14, 2022

Some retailers are facing backlash over images showing piles of unsold inventory that have been burnt or destroyed. This overstock issue is not new, and retailers have tried to manage their unsold goods through donations and resellers, but there is simply too much inventory. How do retailers get into this mess?

Markdowns 41

Markdowns Fast Fashion Consumer Accessories 41