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Retail Innovation Roundup: 9 Trends and Technologies That are Changing How Consumers Shop

Retail Times

Have a look and see if you can incorporate these into your retail strategy. The rise of e-commerce was a massive step forward in retail innovation. Machine learning and forecasting automation are powerful tools to analyze consumer trends and the additional uses can have major impacts. Social shopping.

Consumer 104
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Key Takeaways From the Wiser Industry Leaders Brand Panel: Sales Strategy and Technology

Wiser

Panelists emphasized the significance of seamless integration of digital tools in response to COVID-19, which enabled continued engagement with consumers and efficient operational management. The importance of agility in sales strategies was highlighted, as brands recalibrate their approaches to meet consumers where they are.

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What is a Niche Market?

Small Biz Trends

Unless you offer premium prices for your products and services serving a smaller target market, it can sometimes make it harder to earn good profits. Potential for competition to crop up: Business e ntry requirements in a niche market are often relatively low and do not rely on significant investments.

Marketing 139
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Retail Trends to Watch 2023

Retail Assist

Over the next few weeks, we’re going to be digging deep into the trends that are transforming retail in 2023 and look at what this means for retailers and how they operate. 82% of UK businesses are targeting significant growth in 2023 despite economic factors. Social Commerce. Return options. for a return.

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MUST Wine Loft Discovers Charcuterie Must-Haves By Ordering On RangeMe

Rangeme

Arkwright: Our target market is anyone and everyone who appreciates and desires artisanal cheeses, charcuterie, local products, and small or large production wines from all over the world. As the buyer and head curator at MUST, RangeMe has been super helpful for product discovery and fulfillment.