Inside Retail

APRIL 22, 2021

From the increased market share of digitally native brands to decisions from companies like GlobeWest and Homebodii to dial up D2C strategies, shoppers are becoming increasingly accustomed to purchasing products directly from brands. In the US, for example, eMarketer reports that D2C sales now account for 33% of Nike’s revenue. .

Fulfillment 299

Fulfillment Beauty and Health Advertising Accounting 299

Inside Retail

MAY 8, 2022

Annalect’s latest Marketing Mix Modelling (MMM) analysis 1 took a deep dive into the world of Aussie retail and it’s borne out a lot of the behaviour I describe above. But most significantly, I think it shows how quickly our new retail habits have become second nature, with 9.4 What is Marketing Mix Modelling anyway?

Advertising 264

Advertising Beauty and Health Marketing Consumer 264

Retail TouchPoints

JULY 30, 2021

accounted for $5 billion of Alibaba’s total $74.1 products, combined with the sheer size of the Chinese market, make the potential hard to ignore : “It’s an opportunity for Western brands to find a faster-growing market than the one they’re currently operating in. The China market is very different than the U.S.

Merchant Services 278

Merchant Services Accounting Social Commerce Payment Services 278

Retail Next

MARCH 10, 2020

As a retail store owner or manager, you’re always looking for the best way to get new shoppers into your store and keep existing customers coming back for more. It’s tempting to try a little bit of every marketing method and hope that something, somewhere, will bring in more customers. Identifying Your Target Audience. Social Media.

Marketing 64

Marketing Accounting Advertising Jewelry 64

Retail Next

OCTOBER 15, 2019

A great way to generate new and lasting business relationships is by exploring different marketing strategies, including video marketing. With video predicted to account for 80 percent of all web traffic by the end of 2019, the significance of this marketing tool for retailers cannot be overstated.

Marketing 59

Marketing Jewelry Shopping Promotions 59

Retail TouchPoints

DECEMBER 1, 2023

Our Editor’s Perspectives columns offer insights and opinions from the Retail TouchPoints editorial team as they dig into the latest trends in retail, marketing and tech. Remember the Black Fridays of yore? Frenzied masses lined up in the cold, then a stampeding rush to be the first to get at the discount TVs?

Shopping 282

Shopping Advertising Consumer Accounting 282

Retail TouchPoints

OCTOBER 15, 2021

Because of efforts to address this mismatch of product and real-world sizing, Coresight Research estimates that the value of the extended-size market for women will grow to $32.3 this year alone, representing approximately 21% of the total women’s apparel market. Test the market with new size options and be inclusive in marketing.

Consumer 290

Consumer Merchant Services Markdowns Fulfillment 290

Independent Retailer

FEBRUARY 24, 2022

by Informa Markets Fashion. MAGIC , the leading industry connector for the trend and young contemporary markets, organized by Informa Markets Fashion, recently announced its 2022 event calendar, which includes the debut of a new event – MAGIC Nashville, aimed to expand the retail market and fill gaps between primary buying seasons.

Accessories 83

Accessories Fashion Apparel Returns 83

Inside Retail

SEPTEMBER 6, 2022

A decade ago, convenience stores were a rare sight in Vietnam, where the vast majority of the population was used to shopping in traditional markets or mom-and-pop stores for everyday grocery needs. In recent years, the nation’s convenience store market has seen rapid escalation – and sophistication – in the larger cities.

Payment Services 130

Payment Services Supermarket Marketing Kiosk 130

Retail TouchPoints

OCTOBER 23, 2020

To get beyond base camp and reach the sales and brand penetration peak, physical retail stores represent an additional channel with increased sales potential. Advantages of Becoming a ‘Clicks to Bricks’ Retailer. An independent online market research firm gathered input from 1,000 adult U.S. According to the U.S.

Shopping 225

Shopping Returns Location Consumer 225

Retail TouchPoints

JULY 20, 2020

While the latter may be true, excess inventory also has a silver lining of hidden pathways to optimizing excess inventory that lead straight to your bottom line through distribution in the off-price retail market. Even some of the most popular brands partner with off-price retail.

Inventory Management 150

Inventory Management Apparel Fashion Specialty Store 150

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. Customers had to Facebook message a hashtag to the Kit Kat account.

Shopping 205

Shopping Outdoor Fashion Marketing 205

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.

Social Commerce 130

Social Commerce Shopping Fulfillment Consumer 130

Independent Retailer

DECEMBER 5, 2022

“Online Black Friday set a new record (9.12B) and Cyber Monday did even better (11.3B) due to pent-up demand from people saving their money during the pandemic, plus great deals on lower-cost items that retailers were stockpiling (e.g. This led to increased spending in certain areas,” Deb Gabor, CEO of Sol Marketing , said.

Beauty and Health 72

Beauty and Health Apparel Consumer Returns 72

Inside Retail

JANUARY 19, 2023

While these consumer behaviours are wide and varied, we can expect marked growth in rental, re-commerce and subscription retail markets and a decrease in people buying ‘brand new’ products. Up to 100 people can now log in to their Prime accounts and chat with others while watching synchronised content.

Consumer 130

Consumer Shopping Outdoor Fashion 130

Retail Minded

AUGUST 26, 2022

An easy way to mitigate this would be by using technology and software that has changed the face of retail marketing. . Therefore, when filing your returns, you must be careful not to enter the exports under the nil-rated account. There’s no provision to amend the document, so be careful of what you enter.

Payment Services 95

Payment Services Returns Accounting Retail Marketing 95

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. economy is retail, now you know.

Specialty Store 138

Specialty Store Specialty Retailers Social Commerce Advertising 138

365 Retail

JUNE 5, 2024

Competition in the retail industry is fiercer than ever, making it hard for brands to stand out. In such a landscape, building strong customer loyalty is a necessity for retail businesses, and one of the most effective tactics they should have in their marketing toolkit is loyalty programs. billion dollars annually.

Customer Retention 52

Customer Retention Customer Experience Marketing Accounting 52

Inside Retail

JUNE 9, 2021

Fast-growing Australian online retailer Canningvale plans to relaunch the iconic Singaporean department store Robinsons as an online-only business this month after acquiring the company’s digital assets for an undisclosed sum. Returning to its roots. That is one of the reasons we see an opportunity.”.

Planning 148

Planning Department Stores Fast Fashion Fulfillment 148

Independent Retailer

JANUARY 18, 2023

For both wholesalers and retailers, the ability to offer a wide range of merchandise can be the means to successful sales, especially in today’s economy. We call the customer and make sure it’s been a successful purchase for them, and that they have a return on their investment, which is when we offer subsequent deals. back to top.

Wholesale 76

Wholesale Beauty and Health Payment Services Merchant Services 76

Retail TouchPoints

OCTOBER 14, 2021

To say everyone is worn out is probably an understatement, and by all accounts marketers in particular are feeling the pressure — a staggering 70% of marketing executives said the pandemic has left them “completely exhausted,” according to a new report from Accenture Interactive. Forget About Personalization, Focus on Relevancy.

Marketing 297

Marketing Promotions Consumer Customer Experience 297

Retalon

DECEMBER 8, 2021

Unfortunately, this notion of simplicity makes it easy for retailers to overlook the underlying importance of order fulfillment and the significant impacts and benefits it can provide to their respective retail businesses. In today’s market, putting the right fulfillment system in place gets you a competitive edge.

Merchant Services 41

Merchant Services Fulfillment Drop-Shipping Shipping 41

Retalon

FEBRUARY 15, 2024

This technological marvel aids in refining inventory management, shaping marketing strategies, and sculpting pricing frameworks, contributing significantly to sales upliftment and fortified customer allegiance. According to Forbes, emerging retail trends underscore the importance of adapting to new technologies to stay competitive.

Inventory Management 41

Inventory Management Management Marketing Inventory Turnover 41

Retalon

SEPTEMBER 11, 2020

In order to understand how to take full advantage of this new technology, we will first explain what demand forecasting actually is, the most common methods of demand forecasting in retail, key constraints that need to be accounted for, and modern examples of accurate demand forecasting. What is Demand Forecasting?

Payment Services 41

Payment Services Promotions Accounting Fulfillment 41

Retail TouchPoints

OCTOBER 28, 2022

In today’s competitive and connected retail market, one mistake or delay can result in losing ground to a competitor. One of the most powerful tools you should implement to ensure your long-term success is a retail Enterprise Resource Planning (ERP) system. What is a Retail ERP System? That is not all.

Supply Chain Management 272

Supply Chain Management Inventory Management Management Accounting 272

Retalon

SEPTEMBER 3, 2021

Simply put, a bubble is an economic phenomenon where the price of a particular asset (commodity, real estate, financial stock, or even the entire market) exceeds the actual value by a large margin. This market distortion can happen for any number of reasons, including bad policy, consumer hype, and risky institutional behavior.

Consumer 41

Consumer Location Fulfillment Shopping 41

Retail TouchPoints

JULY 2, 2021

Executives from a who’s who of retailers, social networks and even advocacy groups shared their visions of retail’s future at NRF Converge 2021 , held June 21-25. Following the murder of George Floyd in May 2020, brands and retailers were eager to show solidarity and support. It was all about test, learn, iterate.

Merchant Services 184

Merchant Services Customer Experience Marketing Consumer 184

Retail Next

DECEMBER 9, 2019

Today’s most active shoppers want to be loyal , which is an excellent situation for retail brands. Stitch Labs has found that returning customers account for almost a quarter of retailers’ revenue despite making up less than 12 percent of the total customer base. What is Wi-Fi Marketing?

Marketing 52

Marketing Store Layout Returns Boutique 52

Retail TouchPoints

JULY 6, 2021

For example, the next step in livestreaming and similar services is “taking what’s happening in the social space and applying it to more tangible goods that you can immediately purchase,” according to Lisa Hurst, EVP Marketing & Strategy at Upshot. It’s very exciting and I look forward to being part of this evolution.”.

Social Commerce 259

Social Commerce Shopping Consumer Accounting 259

I Vend

MAY 8, 2024

The alcoholic drinks sector is a large and growing market that shows no sign of slowing down. It offers rewards to retailers who can engage competitively and efficiently. Online sales account for $40 billion and are growing faster than brick and mortar sales. A loyalty system and tailored promotions encourage this behaviour.

Shrinkage 91

Shrinkage Inventory Management Payment Services Point of Sale 91

I Vend

APRIL 22, 2024

Electronics Store POS Software iVend helps electronics retailers win in a competitive market. Read more High demand and rapid market innovation are driving up revenues in the sector. With online sales accounting for 33.5% Read how we’re helping the thrift sector to thrive.

Thrift Store 52

Thrift Store Point of Sale Inventory Management Returns 52

Wiser

AUGUST 25, 2023

I am the senior director of marketing at Wiser Solutions. She is our in-store product marketing manager extraordinaire, and she’ll do some more formal intros and take over. 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.

Suggestive Selling 78

Suggestive Selling Management Accounting Marketing 78

Retail Gazette

NOVEMBER 23, 2023

Retail media encompasses much more than traditional media, involving a complete overhaul of the commercial relationships between sellers, manufacturers, and the third parties that support this ecosystem. The dynamics of trade marketing/sales and the two-sided customer/supplier relationships in this ecosystem are complex.

Advertising 69

Advertising Marketing Marketing Spend Accounting 69

I Vend

NOVEMBER 10, 2021

Retail Customer Experience tells us that the top three home improvement chains in the US sold goods worth $54.67 McKinsey has identified a group of 25 companies who account for 91% of market capitalisation in the retail sector – and two of the top seven are home improvement and hardware retailers.

Customer Experience 52

Customer Experience Inventory Management Fulfillment Marketing 52

The Retail Creative and Consulting Agency

AUGUST 30, 2022

And I use the word perfectly serve in the sense that we have an accountability and responsibility to give them what they want and need and would like, well, I guess the best way to do that is to ask them, but what I find so fascinating in conversations with executives, I ask them, what platform are you using to listen to your customer?

Merchant Services 40

Merchant Services Consumer Sporting Goods Marketing 40

Retail TouchPoints

OCTOBER 22, 2021

currently Amazon captures just 1% of the worldwide retail market. Despite all the talk of the rise of ecommerce, most retail in the U.S. after Walmart), and it far surpasses the big box retailer if one takes into account the additional 1.8 SMB exports on Amazon accounted for more than $2.2 million U.S.-based

Fulfillment 252

Fulfillment Management Accounting Marketing 252