Introducing the post-Covid connected consumer

Inside Retail

One ad reported that the telephone “brings cheer and encouragement”, as “friends, whether close at hand or far away, can be easily reached.” The Motorola radio went on sale in 1930 for USD $110 at a time when new cars cost USD $650. Consumers want authenticity.

Here are the 6 ways consumers look at sharing data

Inside Retail

Consumer data is undoubtedly a critical resource for retailers. The data retailers collect can also have value to consumers. If retailers use it well, consumers can benefit from better personalisation in product offers, promotions, and communications. The 6 consumer segments.

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Mindful consumption: The next consumer trend you should know

Inside Retail

At the start of lockdown, panic buying cleared every supermarket of bog roll and baked beans. Then, as we began to emerge from our caves, it was all about “revenge” spending as pent up purchasing converted at the cash register.

Understanding the consumer of 2021

Inside Retail

Lockdowns with little advance notice, panic buying, supply chain disruptions, hastily made changes to health and safety regulations, and extreme swings in consumer needs and expectations. How did they fare and how have consumers changed due to their pandemic experience?

Analysis: The rise of the purposeful consumer

Inside Retail

Covid-19 hit the reset button on consumer behaviour. But it is not just the initial seismic shifts in consumer behaviour that have thrown down the gauntlet for retail. This leaves the obvious question: how exactly has Covid-19 altered consumers?

Alibaba: How brands can attract China’s digital-savvy consumers

Inside Retail

We have over a billion active consumers on our platform and around 800 million of those are in China. Lloyd said with those figures, global businesses should look for ways to attract the Chinese consumer. So this is why gamification is very, very important for Chinese consumers.”.

Decathlon fined $1.5 million for breaking consumer law

Inside Retail

million for selling products that failed to meet Australia’s mandatory safety standards – an act in breach of consumer law. Decathlon Australia’s CEO Olivier Robinet welcomed the decision, and said they respect the work the ACCC does to keep consumers safe.

Mérieux NutriSciences releases post-Covid consumer report

Inside Retail

Mérieux NutriSciences Australia was keen to dive further into the major food trends shifting for Australian consumers since the pandemic began, which has resulted in their latest report titled ‘What Australians Want to Know About The Food They Buy’.

Analysis: Consumers and the new reality

Inside Retail

In KPMG’s Responding to consumer trends in the new reality report, our research details findings from 75,000 consumer survey responses taken over four months, from May to September 2020, across 12 countries. Covid-19 has had a polarising effect on consumers’ finances.

Purebaby navigates shifting consumer behaviours

Inside Retail

According to the CommBank Consumer Insights Report May 2021, the experiences during the pandemic last year greatly impacted how consumers think, act and shop. consumer-insights. The report refers to data sourced from an online survey of 5656 consumers.

Opinion: Do consumers really shop in the name of love?

Inside Retail

The hope is that getting consumers to love your brand will make them more loyal, purchase more frequently, and so on. Or, is it a loved brand because of how successfully it has embedded itself into consumers’ lives? The post Opinion: Do consumers really shop in the name of love?

The direct-to-consumer shift: Here’s how brands can capitalise on the boom

Inside Retail

We are witnessing rapid growth in direct-to-consumer (D2C) sales by brands. In addition, we are seeing the global emergence of disruptive challenger brands with business models based on a direct-to-consumer proposition. Direct connections to end-consumers.

Consumer spending falls

Talking Retail

Consumer spending fell 7.2% This story continues at Consumer spending falls. Or just read more coverage at Talking Retail. Industry News barclaycard consumer confidence consumer research convenience stores

Consumer demand drives automation solutions in Australian supply chains

Inside Retail

Australian consumers have the world at their fingertips and can order from all across the globe, not only from the large international e-commerce companies but also from specialist retailers – be it fashion, electronics or sporting goods.

10 Consumer Trends Shaping the Future of Retail

Retail Touch

Seismic shifts in consumer trends accelerated by the pandemic will have long-lasting implications for the retail industry at large. Future Commerce partnered with Method + Mode to conduct broad consumer research over a period of three months ending in January 2021.

Consumer spending grows

Talking Retail

Consumer spending grew 0.4% This story continues at Consumer spending grows. Or just read more coverage at Talking Retail. Industry News barclaycard consumer confidence convenience stores

UK consumer confidence remains stable

Talking Retail

Consumer confidence remained steady at -9 in June, new research reveals. GfK’s long-running Consumer Confidence Index shows four measures of confidence rose in June in comparison to the figures for May and one measure was down. Or just read more coverage at Talking Retail.

Consumers spent $900 billion more at online retailers in 2020, but local still has a future

Retail Focus

In fact, according to a report from the Mastercard Economics Institute , consumers across the globe spent $900 billion more at online retailers in 2020 versus the prior two-year trend. Here is a look at some key reasons as to why offline shopping is, on occasions, the better option. .

5 Ways COVID-19 has Reshaped Consumer Behavior

Retail Touch

With COVID-19 case counts declining and vaccination efforts underway, eager consumers and retailers are both looking hopefully toward a future return to normal. Here are five key takeaways: The 2021 Consumer is Craving Convenience. The 2021 Consumer has a Recessionary Mindset.

Post-COVID Consumer Priorities: Personal Budgets, Brands’ Social Responsibility

Retail Touch

As the world emerges from the COVID-19 crisis, consumers plan to fundamentally change how they spend money and live their lives. Consumers Are More Concerned, Not Less. Consumers will continue to make deep and permanent changes to their lives.

How Covid-19 is reshaping the consumer

Inside Retail

The back half of 2021 however has seen disruption and uncertainty return in a major way as the third wave of Covid-19 hit without warning and hit hard; but at Strikeforce, we’re more than prepared. About the author : Stephen Wilson is category & insights manager at Strikeforce.

How Retailers like Rothy’s and Shinola are ‘De-Risking’ Product Design with Consumer Data

Retail Touch

A bunch of the sacred cows for the process of bringing products to market started to be questioned once teams were forced to stay at home and ecommerce started to be 50%-plus of their retail sales,” said Leahy in an interview with Retail TouchPoints.

Survey Reveals Consumer Marketing Preferences

Independent Retailer

The study, based on surveys of both marketing professionals and consumers, uncovers significant differences between marketer assumptions and what consumers say actually influences their brand awareness and purchase decisions. by R.R. Donnelley & Sons Company.

What do Today’s Consumers Really Want? #RIC21 Day One Answers the Question

Retail Touch

It’s the question every retailer wants the answer to: what do consumers (and more specifically, those likely to buy their products) really want? Consumers Want Retailers to Catch Up With Their Omnichannel Shopping Behaviors. Consumers Embrace the Convenience of Curbside Pickup.

Consumers Turn to BNPL, BOPIS to Cope with Rising Prices and Supply Chain Uncertainty

Retail Touch

Despite having just officially begun, this holiday shopping season already is marked by supply chain disruption, persistent inflation and mixed consumer confidence. And just like last year, it looks like consumers will respond by turning to ecommerce.

Brands and Consumers: How TikTok is Changing the Dynamics

Retail Touch

TikTok is undoubtedly at the forefront of technological innovation and more advanced, engaging content. For example, at Decorilla we often tag a vendor’s account directly to offer our customers a 30% discount using our promo codes. Are you thinking of using TikTok for your retail brand?

Younger Consumers Are Driving the Rise of Global DTC Sales

Retail Touch

Global direct-to-consumer brands (DTC) reaped exponential rewards, especially from Millennial and Gen Z shoppers. South Africa and India were tied for number one at nearly two-thirds (62%), followed by the UAE (56%) and China (53%).

Consumer trust and food safety – more connected than ever

Inside Retail

Much of the food industry rests on trust – a sense of safety and security that has to be present if a consumer is to dare take a bite of any manufacturer’s product. They don’t want to be the contact that passes the consumer dud food, right?

Consumers focusing on quality, research reveals

Talking Retail

Consumer focus on quality is at its highest level recorded, driven by higher earners who have the disposable income to “trade up”, new research reveals. This story continues at Consumers focusing on quality, research reveals. Or just read more coverage at Talking Retail.

Consumer confidence rises to highest level in five years

Talking Retail

Results for April from its shopper confidence index show shoppers increasingly focused on quality and ‘trading-up’, This story continues at Consumer confidence rises to highest level in five years. Or just read more coverage at Talking Retail.

The 2021 Consumer Culture Report

Independent Retailer

Last year brought many unexpected challenges for both retailers and consumers alike. Amid all of these changes and uncertainty, it is vital for indie retailers to understand the changes in consumer behavior due to COVID-19. Consumer Conundrum: Spend it or Save it.

EE launch new experiential concept store at One Braham

Retail Focus

Bridget Lea, MD of Commercial in BT’s Consumer Division, said: “ We’ve created an experiential space where customers can get expert advice, or just have some fun with the very latest technology.

ATS 225

Understanding the British Consumer and How To Reach Them

Rangeme

consumer spending has risen every year of the past decade, other than in 2020, when the COVID-19 pandemic wreaked havoc. consumers. fourth in the world on consumers’ disposable income, i.e., how much they have to spend after essentials such as housing costs and bills have been met.

Proudly made in China: How Chinese consumers are reclaiming domestic brands

Inside Retail

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). Today Li-Ning is valued at US$7 billion, chasing the top American and German sportswear giants.

Social Commerce: Retailers (and Platforms) Struggle to Catch up With Consumers’ Enthusiasm

Retail Touch

For consumers, creators and retailers alike, sifting through the ever-changing array of functionalities across platforms is still fraught with misfires, miscommunications and mistrust. There’s no time to waste, because consumers are already there. You’re checking out at Sephora.

UK consumers still prefer to shop in-store, poll reveals

Talking Retail

The majority of UK consumers still prefer to shop in-store following months of only being able to shop online, new research reveals. This story continues at UK consumers still prefer to shop in-store, poll reveals. Or just read more coverage at Talking Retail.

Aussie consumers open up about post-lockdown plans

Inside Retail

The survey looked at how customers changed their behaviour during lockdown, and how they plan to change beyond lockdown. Retail in Victoria is set to reopen at 6pm this coming Friday , which should give retailers a greater chance to make up sale lost throughout the state’s recent lockdown.

Getting to the core of what consumers want, need and expect

Inside Retail

Thanks to its digital-first mentality and awareness of consumer trends, clients of Tryzens grow at over two-times the industry average. By now, consumers are well accustomed to targeted digital experiences.

Retail recovery relies on consumers dipping into savings: Deloitte

Inside Retail

Australian consumers are poised to lead the country’s economic recovery through shopping, though retailers will need to compete for their dollars as more opportunities for spending open up.

Adapting to Changing Consumer Behavior

Independent Retailer

Since March 2020, consumer behavior has shifted in ways we never imagined. For those who forged ahead, they employed a mix of creative tactics to keep up with demand and meet consumers on the right channel — which was online. Consumers spent $900 billion more online in 2020.

Consumer Confidence Hits 10-Year Low

VMS

Consumer sentiment hit a 10-year low in November as inflation climbed to its highest level since the 1990s, CNBC reports. The article cites the University of Michigan Consumer Sentiment Index , which plunged to 66.8 Read more at CNBC.

Sweaty palms and bargain bins: Why consumers are flocking to dollar stores

Inside Retail

Discount stores are booming in post-Covid Europe as price-sensitive consumers seek out bargains amid inflation and the devastating impacts of the pandemic. It also recently added a private label skincare line to its Believe Beauty brand with 11 new items, all at $5 or less.

What Consumers Want From Your Holiday Marketing

Independent Retailer

Like last year, shipping delays and sold out items means most consumers want their shopping to be done well before December,” Matthew Furneaux, Director of Location Intelligence at Loqate , said. Consumers Prefer Email & Text Promotions.