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Always-On Shopping Fuels Brand Advertising as a 24/7 Sales Force

Rangeme

1 Daily time spent on social networking by internet users worldwide from 2012 to 2020. Digital advertising is surging, as consumers’ media consumption and product consumption habits migrate to online. billion in 2020 and $19.42 Retail Dive. Digital advertising boom time. Digital advertising on Google.

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Retail Statistics You Should Know

Small Biz Trends

The retail market size is continuously growing. According to a report from the National Retail Federation, the US retail sales in 2020 grew 6.7% What’s more, retail trade added 4.8 trillion to GDP in 2020, reports the US Bureau of Economic Analysis. trillion during 2020 ( NRF ).

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Chipotle’s Strategy, 8 Things to Know

Indigo 9 Digital

“This shift is particularly important for Chipotle given our data suggests that pre-pandemic lunch accounted for a majority of the concept’s sales — if workers are not in urban cores during the day, you need to go to where they are.” When Chipotle created an account on TikTok in 2020 it was the first restaurant brand to do so.

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Supplier Diversity: A Look Around the Globe

Rangeme

This 2022 retail trend is welcome news for diverse suppliers looking for growth abroad. Many diverse suppliers now seek new sales opportunities, especially as global e-commerce and digital advertising make it easier for them to sell anywhere. economy each year and employ about 3 million workers, accounting for 10% of the U.K.

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Staying Competitive: Keeping Up With Amazon

Rangeme

Digital advertising. Digital ads have emerged as an unstoppable B2B growth engine for Amazon, representing more than $31 billion of its 2021 revenue, up 32 percent over 2020. Similarly, other retailers seek innovative products from CPG suppliers that reflect a higher purpose. August 5, 2020. August 5, 2020.

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2022 Best Business Practices for Brands and Retail Buyers

Rangeme

April 7, 2020. Will retail trade shows go ahead in 2022 ? As of January 3, NRF 2022: Retail’s Big Show is still scheduled to take place in New York from January 16–18. When the pandemic forced the postponement of in-person trade shows and events in 2020, the retail industry migrated online. April 7, 2020.

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Trader Joe’s Strategy: 12 Keys to its Success

Indigo 9 Digital

billion in 2020. If you do subscribe to our retail trends newsletter to get the latest retail insights & trends delivered to your inbox. A focus on word of mouth instead of traditional advertising has set Trader Joe’s apart from its competitors. A fun and friendly atmosphere. Do you like this content?

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