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Behind Appleā€™s price cuts and the competitive mobile phone market in Apac

Inside Retail

In a strategic move to counter the fierce competition in China’s booming smartphone market , Apple recently took the unprecedented step of offering substantial discounts on its iPhones. According to Reuters , the US tech giant slashed retail prices by as much as 500 yuan ($70) on select iPhone models.

Marketing 130
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Have we reached peak Christmas advent calendar?

Retail Gazette

But with the market now flooded and the cost-of-living impacting discretionary spend, is the advent calendar craze starting to wane? More retailers have since jumped on the bandwagon, with some entrants like Boots’ No7 advent building a waiting list of up to 226,000 people back in 2019. But what makes them so popular?

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15 Facts You Need to Know About StockX the Billion Dollar Resale Platform

Indigo 9 Digital

By Tricia McKinnon The resale market is one of the fastest growing segments of retail. One of the reasons it has grown so fast is that platforms like StockX make it easy for consumers to put up their coveted merchandise for sale in a secure and transparent manner. The sneaker resale market is growing quickly.

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How To Sell Your Product To Best Buy

Retail Bound

Are you a small consumer electronics product brand who’s trying to figure out how to sell to Best Buy? Best Buy is the largest brick-and-mortar retailer in the US for consumer electronics, which is why thousands of brands attempt to get their products in the company’s stores every year. If so, you are not alone.

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Is Price Matching the Right Strategy for You?

Wiser

For most, the answer will be price. The ability to compare prices, get the lowest prices, find good deals on products, and so on. The bottom line is that price is always top of mind for consumers. Price matching is when a retailer lowers a product’s price to match another competitor in the same market.

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These Were the Top Retail Stories of 2022

VMS

But backrooms filled up, investment money dried up, inflation cut into consumable income, workers sought to organize and loss prevention became a top-of-mind concern. n 2022, inflation drove prices and interest rates higher. And how can that not have an effect on consumersā€™ minds? Other retailers followed suit.

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How To Sell Your Product To Target

Retail Bound

Here are some reasons businesses aren’t seeing their products on Target’s shelves: Lack of mass-market appeal. Buyers don’t want to be the guinea pig for companies that haven’t tested their products on the market. Incorrect suggested retail price. Becoming a Target Supplier.