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 254

Advertising Social Commerce Consumer Marketing 254

Retalon

SEPTEMBER 11, 2020

That’s why retail key performance indicators are dominated by inventory-based metrics like Gross Margin Return on Investment and In Stock Percentage. Understanding how much of every SKU needs to be stocked in every store and distribution center is mission-critical for modern retailers. Image Credit: SupplyChainDigest.

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Payment Services Promotions Accounting Fulfillment 41

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. In return, they were sent product suggestions, which linked them to the website for purchase.

Shopping 204

Shopping Outdoor Fashion Marketing 204

Retail TouchPoints

JUNE 1, 2022

But if you’re interested in what’s driving retail growth right now, in 2022, you’ve come to the right place. Shoppers are returning to stores, again. billion spent in March 2020, or about 10% of all grocery sales. . The Top 10 trends driving retail growth today are not predictions; they’re real and happening right now.

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Rangeme

NOVEMBER 26, 2021

August 4, 2020. August 4, 2020. November 16, 2020. May 7, 2020. While COVID-19 swept the globe in early 2020, 25% of consumers switched to private labels. Store brands’ growth have outpaced the retail market as their quality continues to rise while often offering good value for money. August 4, 2020.

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Retail TouchPoints

JUNE 28, 2021

And that’s the point, according to Shian-Li Tsang, LEGO Group’s Head of Retail Marketing for the Americas, who said the time customers spend in the store is “invaluable” even if they don’t make a purchase. This new flagship location was scheduled to open in 2020, but like so many plans last year was delayed because of the pandemic.

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Location Planning Accessories Retail Marketing 206

Retail TouchPoints

NOVEMBER 17, 2021

From a geographic standpoint, the Chinese market and customers will become the most important buyers for luxury, representing more than 45% of global purchases in 2020 (vs. Brands that are looking to expand or invest further into China should be aware of the market dynamics and act accordingly. 35% in 2019).

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Retail TouchPoints

OCTOBER 23, 2020

BHDP, an international, award-winning retail design firm, initiated research to learn more about shoppers’ online and retail store behaviors. An independent online market research firm gathered input from 1,000 adult U.S. shoppers between February and March 2020. Boost customer touch points.

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Shopping Returns Location Consumer 209

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 ).

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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. Retail marketers should create posts that look to the future, rather than the past or present, in order to make the most of this.

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Marketing Consumer Advertising Social Commerce 240

Inside Retail

JUNE 5, 2023

With the pandemic fading in the rearview mirror, inflation becoming more subdued and consumer confidence returning, the home improvement sector is heating up along with Thailand’s summer weather. A rosy outlook HomePro can grow by consolidating the fragmented market and by riding on Thailand’s favourable demographics and economic outlook.

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Retail TouchPoints

JULY 31, 2020

But Q3 2020 will look much different. The good news is that many digital retail marketers are successfully operating with agility. The good news is that many digital retail marketers are successfully operating with agility. A key resource to keep handy is Sidecar’s 2020 Benchmarks Report: Google Ads in Retail.

Marketing 190

Marketing Beauty and Health Sporting Goods Advertising 190

Inside Retail

SEPTEMBER 6, 2022

billion in 2018-19 – gained a foothold in the sector by snapping up rival retail groups including 23 Fivimart supermarkets, 87 Shop&Go convenience stores and the smaller Queenland convenience-store chain, rationalising and rebranding the network under the VinMart banner. Source: Statista.

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Retail TouchPoints

OCTOBER 14, 2021

“[Marketers that have thrived during the pandemic] know their old beliefs about customer preferences — and by extension, how they connect with their customers — are less relevant. This is an especially critical holiday for retailers big and small alike. These retailers’ first task?

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Marketing Promotions Consumer Customer Experience 287

Inside Retail

MARCH 29, 2022

If you think AR is simply for bored Gen Z consumers, think again, as interest is actually strongest among Millennials, who account for one in three of all retail spending in Australia, said the report. Meanwhile, the global AR-in-retail market is forecast to grow at a rate of 47 per cent between 2020 and 2027.

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Retail TouchPoints

MAY 5, 2021

The COVID-19 pandemic has changed the retail sector in dramatic ways over the last year — from fluctuating product demand and availability and rapidly changing consumer behaviors and expectations to ever-evolving health and safety requirements.

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Inside Retail

JUNE 9, 2021

million in 2014, the retailer suffered from years of declining foot traffic and was placed into liquidation at the end of 2020. . Returning to its roots. Online is therefore a very logical extension of the department store, and a brand like Robinsons will translate well into the online retail market,” he said.

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Retail Adventures

JULY 1, 2020

Think about the upcoming holidays and plan for Halloween, Thanksgiving, Black Friday and Holiday 2020. Make Sure Your Return Policy is Competitive. If every one of your competitors accepts returns and exchanges but your policy screams NO! Note that during the pandemic many retailers have lengthened return and exchange windows.

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Inside Retail

FEBRUARY 6, 2022

KZ: In Australia, we already have a [large] share of the retail market, but the US is a huge market and opportunity for us. Customers are also looking for a direct relationship with brands, so in 2020, we on-boarded SMS marketing, through Yotpo. We want to be a brand that connects with our customers.

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Retail TouchPoints

JULY 2, 2021

Following the murder of George Floyd in May 2020, brands and retailers were eager to show solidarity and support. Whilst shoppers have been able to engage with virtual experiences for the past year, shifts online have raised the bar around convenience as shoppers return back to stores. THEME 3: Changing Corporate Culture.

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Merchant Services Customer Experience Marketing Consumer 183

A1 Retail

JULY 15, 2022

Returning after a two-year hiatus due to Covid and international travel restrictions, the show, taking place on 17 th – 19 th July, has exceeded its international targets and hundreds of global businesses are flocking to the UK to meet buyers and retailers.

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Shopping ATS Fashion Returns 59

I Vend

NOVEMBER 10, 2021

This newly reinvigorated passion for hardware retail has translated into increased sales across the sector – a report by The Hardware Connection , quotes one US hardware retailer as saying ‘We finished April up 52% percent and three days May was up over 200% percent, including our largest day since the store opened.’.

Customer Experience 52

Customer Experience Inventory Management Fulfillment Marketing 52

365 Retail

NOVEMBER 1, 2021

Retailers hoping for decent returns from their promotions investment this year will need a much more detailed picture of what’s actually happened as they go into peak, says Robin Coles, Managing Director EMEA at XCCommerce. Robin Coles, Managing Director EMEA at XCCommerce.

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Promotions Consumer Management Advertising 52

Retail Gazette

JULY 18, 2023

While Tesco pioneered the move back in 2020 by launching Clubcard Prices, which offered lower prices to its loyalty scheme members, retailers including Sainsbury’s, The Co-op, Morrisons and M&S have followed suit over the past year in a bid to win over cash-strapped shoppers. . “We use it to shape and inform our business strategy.

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Retalon

SEPTEMBER 3, 2021

A retail bubble, then, is a value bubble that impacts the retail sector — everything from retail company stocks and real estate holdings to the price of commodities in inventory. Meanwhile, forward thinkers see the new landscape and pivot in time to steal market share from those too slow to adapt. since last year.

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Consumer Location Fulfillment Shopping 41

Wiser

AUGUST 25, 2023

Dan Ray, Director of Customer Success at Wiser and one of the early founders of ShelfSpace, a retail execution platform that Wiser acquired in 2020. And also, there’s Bruce Nagle, VP of Market Development and former founder of RW3, a second retail execution platform acquired by Wiser in 2021.

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