Medallion Retail

NOVEMBER 30, 2020

To say that 2020 was a year of endless challenges and accelerated changes would be an understatement. However, in the face of such tumult, one core truth has remained consistent: that those retailers best able to identify and meet the. The post Insights 2020: Our 3 Most Popular Blogs appeared first on Medallion Retail.

Retail Marketing 52

Retail Marketing Consumer Shopping Marketing 52

Inside Retail

SEPTEMBER 17, 2023

Brands that had previously relied on bricks-and-mortar sales had to accelerate their e-commerce strategies, TikTok became an extremely effective advertising and marketing tool, and certain retail categories like travel retail saw their sales drop virtually overnight. The market is expected to grow to US$126.48

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Inside Retail

APRIL 22, 2021

Now more than ever, it’s critical to understand the latest consumer expectations — and be ready to adapt. Direct-to-consumer selling. Around the world, direct-to-consumer (D2C) brands are becoming mainstream — and they’re causing a major shift in where, when and how shopping is done. Australians spent an unprecedented $50.46

Fulfillment 299

Fulfillment Beauty and Health Advertising Accounting 299

Retail TouchPoints

MARCH 26, 2024

2024 introduces distinct challenges for retail brands navigating data privacy amidst Google’s removal of cookies. Though cookie depreciation has been a looming threat since the original announcement back in 2020, Adtaxi’s 2024 Privacy Survey tells us that 33% of respondents still lack a cookie-replacement strategy.

Advertising 228

Advertising Apparel Consumer Marketing 228

Inside Retail

AUGUST 22, 2023

The athleisure market has been on the rise for many years, driven by factors, such as the casualisation of consumers’ wardrobes and the rise of sneakers and streetwear as aspirational style trends. billion in 2020 and is expected to reach US$117.4 billion by 2027, reflecting a compound annual growth rate of 5 per cent.

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Apparel Accounting Fashion Consumer 130

Inside Retail

APRIL 14, 2024

In addition to American brands like Maybelline, Olive Young has built a cult following with locals, tourists, and international consumers alike for its regular deals and specials on South Korean brands such as 3CE, Skinfood, and Jungsaemmool. In 2020, the vendor had failed to reach profitability and posted losses of 12.4 million), 14.5

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Location Department Stores Consumer Marketing 130

Inside Retail

MAY 8, 2022

Since early 2020, like everyone, I’ve been online a lot more. Locally, the retail industry sustained substantial growth throughout the first pandemic affected year (2020-2021). For the year to June 2021, consumer retail spending grew by 9.1 per cent year-on-year growth in retail consumer spending to March 2022 3.

Advertising 264

Advertising Beauty and Health Marketing Consumer 264

Inside Retail

SEPTEMBER 11, 2021

Our DMW model offers an innovative solution to the growing consumer demand for high-quality product offerings and timely delivery, leveraging technological innovation. In 2020, our market share of China’s on-demand DMW retail industry in terms of GMV was 28 per cent, ranked first in North China, according to iResearch.

Payment Services 130

Payment Services Merchant Services Fulfillment Marketing 130

Retail TouchPoints

MARCH 31, 2021

Nowhere is that more true than the retail market, which has seen a fundamental shift among consumers in the wake of the pandemic. The question is: are retailers ready to handle it? found that nearly 70% of consumers intend to continue buying online for store pickup. They say you can never go back.

Consumer 314

Consumer Inventory Management Boutique Management 314

Retail TouchPoints

FEBRUARY 23, 2021

In pure COVID-19 nature, brands across the retail industry underwent a rapid transition to the digital-first space during 2020; and a lot of first-time online shoppers were activated. In fact, some major retailers reported double-digit growth in ecommerce sales during Q2, right at the outbreak of the pandemic. In fact, Smartly.io

Advertising 251

Advertising Social Commerce Consumer Marketing 251

Rangeme

NOVEMBER 26, 2021

Like Janet Jackson, more consumers are asking brands, “What have you done for me lately?” In the past three months, more than 80% of consumers purchased a different brand from the one they normally buy and 44% said they would repurchase the new brand even if the original preferred brand was available again. August 4, 2020.

Consumer 105

Consumer Customer Retention Shopping Fulfillment 105

Retail Next

SEPTEMBER 19, 2019

The retail market continues to grow rapidly. Over the past couple of years, the strategy of retailers has changed markedly. Modern retail is a struggle for every new idea, the market is demand-oriented, buyers have become more prepared, they have a better understanding of quality and prices, and competition is greater.

Retail Marketing 52

Retail Marketing Marketing Payment Services Consumer 52

Retail TouchPoints

SEPTEMBER 20, 2021

The retail industry experienced a complete 360-degree transition since the onset of the pandemic. How can retailers distill that information and pivot their strategies in the months ahead to ensure that they’re no longer just keeping up with consumers, but anticipating and building the shopping experience they crave?

Advertising 268

Advertising Consumer Shopping Marketing 268

Inside Retail

JUNE 28, 2021

Consumers now expect retailers to engage them whenever and wherever they want, with a shopping experience tailored to their individual needs. To do so, marketers are leveraging more data, technologies, and channels to create this type of relevant and customised customer journey. And consumers can feel it.

Customer Experience 221

Customer Experience Customer Retention Payment Services Advertising 221

Inside Retail

MAY 3, 2021

] While live-streaming platforms may once have been reserved for gamers and their fans, luxury fashion brands are increasingly turning to this unique method of connecting with consumers. Amazon-owned Twitch is home to 91 per cent of all streaming content, according to a 2020 report from Stream Hatchet and Streamlabs. .

Beauty and Health 246

Beauty and Health Fashion Advertising Outdoor 246

Retalon

SEPTEMBER 11, 2020

Demand is an economics concept that describes the willingness of consumers to purchase a specific product at a specific price. Therefore, demand forecasting is a statistical prediction of the willingness of consumers to purchase specific products, at a specific price, in a specific time frame. Demand Forecasting Methodologies.

Payment Services 41

Payment Services Promotions Accounting Fulfillment 41

Retail TouchPoints

OCTOBER 14, 2021

Retailers and consumers alike are bracing for a holiday season much like the last — masks look set to remain a top stocking-stuffer; “supply chain” has a become a daily topic in mainstream media; and parents are gearing up for tears with the top toys of the year already predicted to go out of stock. These retailers’ first task?

Marketing 284

Marketing Promotions Consumer Customer Experience 284

Retail TouchPoints

JULY 10, 2020

The retail industry is changing, fast. Over the past decade, we have seen this sector move to a primarily online function and innovate to meet the needs of an ever-shifting assortment of consumers. In fact, 2019 showed great progress for e-Commerce to close the gap in total market share of sales compared to brick-and-mortar retail.

Merchant Services 151

Merchant Services Customer Experience Checkout Fulfillment 151

Retail TouchPoints

JULY 15, 2022

First, there’s the Amazon effect: retailers see how lucrative ad sales have been for the perennial disruptor ( $31 billion in 2021) and want a piece of the rapidly growing action. Macy’s RMN hit the market in 2020 and quickly generated $105 million in revenue in 2021.

Advertising 262

Advertising Marketing Spend Marketing Customer Experience 262

Retail TouchPoints

NOVEMBER 22, 2021

And yet it looks like consumers are still willing to spend — overall retail sales in October were up 1.7% (seasonally adjusted from September), and up 16.3% With inflation at its highest levels in three decades, consumers are beginning to feel the impact. Prices at online retailers rose again in October and are up 5.5%

Beauty and Health 210

Beauty and Health Shopping Consumer Outdoor 210

Inside Retail

JUNE 23, 2022

Doug Herrington has been named CEO of Amazon’s new Worldwide Amazon Stores business, which was formerly known as Consumer, and John Felton has been named the leader of the Operations business. He joined the senior leadership team in September 2020, and will report to Herrington in his new role.

Finance 130

Finance Returns Customer Experience Management 130

Inside Retail

SEPTEMBER 6, 2023

When you think of burgeoning retail markets, antacids may not be the first one that comes to mind. However, according to global market research consulting firm Market Data Forecast, the North American antacids market was valued at US$5.38 per cent to US$6.37 billion by 2028.

Consumer 130

Consumer Marketing Location Retail Marketing 130

Mass Relators

MARCH 19, 2024

The Consumer Healthcare Products Association (CHPA) awarded its Ivan D. consumer healthcare industry. It recognizes the outstanding work and contributions of individuals whose lifetime of achievements have created a lasting impact on the industry and their community and have directly improved self-care for consumers.

Consumer 52

Consumer Marketing Retail Marketing Management 52

Small Biz Trends

JULY 8, 2021

We have assembled all the numbers you need, including store operations, shopper behaviors, how retailers market their businesses, and much more. If you own a retail store or are considering shop ideas for a new one, take a look at the stats below. Retail Statistics: The Big Picture. trillion during 2020 ( NRF ).

Specialty Store 138

Specialty Store Specialty Retailers Social Commerce Advertising 138

Inside Retail

APRIL 28, 2021

The use of videos as part of a retail marketing strategy is a tried and tested method to catch consumers’ attention and drive sales. The Chinese retail market is leading in the livestreaming trend. Fortunately it has been very successful for our business and also quite cost-effective,” Lee said.

Shopping 204

Shopping Outdoor Fashion Marketing 204

Retail Focus

JUNE 1, 2021

In the current context of the tough economic conditions impacting retail markets globally, the opening of a new outlet centre marks a significant investment by FASHION HOUSE Group in Bucharest’s economy and a vote of confidence in the city’s retail prospects. The country’s GDP increased by 0.3

Fashion 162

Fashion Retail Marketing Marketing Shopping 162

Retail TouchPoints

JUNE 1, 2022

billion spent in March 2020, or about 10% of all grocery sales. . Consumers are learning that the prices retailers charge for items purchased online are actually higher, and delivery to home can come at a cost of $15 to $20 all in. Delivery to home is in decline. BOPIS is growing.

Checkout 294

Checkout Location Shopping Consumer 294

Inside Retail

NOVEMBER 18, 2021

Before 2020, when travel was easy and diplomatic relations were cordial, I placed great emphasis on the need to build trusted relationships on the ground in China as the foundation of a successful market entry strategy. trillion Chinese consumers spent in 2019. trillion, and the US$5.6 personal care. ? home, mother and infant.

Marketing 130

Marketing Drop-Shipping Beauty and Health Consumer 130

Inside Retail

AUGUST 20, 2022

As we know, today’s consumers are doing much of their shopping online. To help navigate this cookieless world, Braze released a Retail Customer Engagement Review that looks to solve three common challenges being faced by retailers today. Between May 2020 and May 2021, Australians spent $48.1

Fulfillment 130

Fulfillment Consumer Accounting Promotions 130

Inside Retail

JUNE 25, 2023

After formally filing a request for the retail store in 2016, the global tech giant wanted to open the facility in 2020 but postponed the plans due to Covid-19 disruption. Apple’s flagship stores in Mumbai and New Delhi reported record profits in May, making Apple the largest electronics retailer in India in terms of revenue.

Planning 130

Planning Payment Services Marketing Consumer 130

Retail TouchPoints

MAY 3, 2022

Positivity is a powerful force in marketing: 60% of consumers say they’re more likely to remember brands when they’re seen in a positive context, according to Arthur Sevilla, Head of Insights Strategy at Pinterest. Two out of three consumers suggest that it is the brand’s role to place themselves in the appropriate context.”.

Marketing 236

Marketing Consumer Advertising Social Commerce 236

Retail TouchPoints

FEBRUARY 7, 2022

Leaving cookies behind poses a much-needed opportunity to get creative around consumer engagement and move past stored personal data. Now it’s time to focus on service in order to engage consumers. How can brands lean into fun, relevant platforms to meet the customer where they are and improve the consumer experience?

Advertising 227

Advertising Checkout Consumer Marketing 227

Retail TouchPoints

AUGUST 11, 2020

Brad Eckhart, a 30-year retail executive with experience at companies including Finish Line and Ralph Lauren , advises apparel retailers to “plan conservatively” for holiday 2020 and beyond. RTP: What have been some of the immediate impacts on apparel retailers, particularly those selling seasonal merchandise?

Apparel 269

Apparel Planning Promotions Consumer 269

Inside Retail

AUGUST 9, 2023

The opportunities for growth are even greater for those MSMEs that are looking beyond Singapore to more mature online retail markets, like the US. That’s the message that US retail giant Amazon is sending with the recent launch of the Singapore Cross-Border Brand Launchpad. This can be costly and time consuming.

Beauty and Health 130

Beauty and Health Fulfillment Advertising Consumer 130

Inside Retail

JANUARY 11, 2022

Here’s what the dispute, seen as key to deciding who gets an upper hand in one of the world’s fastest-growing retail markets, is all about. But in 2020, Future – hit hard by the Covid-19 pandemic – decided to sell assets to Reliance. billion consumers, from Reliance. WHAT TRIGGERED THE DISPUTE?

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Supermarket Retail Marketing Marketing Planning 130

Inside Retail

NOVEMBER 21, 2022

By using future-focused insights, retailing marketers can evolve their strategies to stay abreast of change. A marketer’s crystal ball? The campaign won the Grand Effie in 2020, showing how cultural insight can launch resonant ideas attuned to the zeitgeist. Foresight does not require a belief in astrology.

Marketing 245

Marketing Marketing Spend Consumer Planning 245

Rangeme

JULY 12, 2021

Retail is revving up across the pond. More consumer packaged goods (CPG) brands are eyeing the U.K. market as a way to expand as the e-commerce boom smashes international barriers and fuels retail growth. retailers who seek spectacular products for their physical and digital shelves. Market size. In the U.K.,

Marketing 52

Marketing Beauty and Health Consumer Shopping 52