Retail TouchPoints
AUGUST 3, 2020
In 2018, Ernst & Young (EY) launched an ambitious project called FutureConsumer.Now , to model scenarios that would challenge present thinking about future consumers. Orschell discussed the differences and overlaps among these consumer segments as well as other recent research. for trusted brands and 23% for ethical products.
Indigo 9 Digital
MAY 17, 2022
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. 25% of the items sold on StockX are sold for less than retail price.
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Rangeme
JULY 14, 2022
That’s why consumer packaged goods (CPG) suppliers are now scrambling to cut back somewhere. Shrinkflation helps brands save some money—and keep prices stable—by slightly reducing the amount or weight of their goods. Let’s examine what shrinkflation looks like and how it affects brands, retailers, and consumers.
Indigo 9 Digital
MAY 3, 2023
That’s what the founders of off-price stores like T.J.Maxx and Burlington Stores thought when they first opened their doors. Whether times are good or bad consumers flock to these stores in search of designer goods at low prices. Off-price retailers are benefiting from troubles retailers higher up the value chain are facing.
Rangeme
JULY 28, 2022
Margins erode quickly in consumer packaged goods (CPG), and all too often, I see emerging brands losing money on each product they sell. This step ensures you have a firm handle on what the right price is – for your category, and your specific product, while taking your positioning within the category into account.
Rangeme
OCTOBER 20, 2021
British consumers have global tastes – and the COVID-19 crisis appears to have further whetted their appetites for international products. The influential British magazine Retail Week has identified the desire for more adventurous flavours in food and drink as a critical trend for U.K. retailers look for in brands.
Indigo 9 Digital
MAY 12, 2022
With consumers often driven by FOMO – a fear of missing out, traffic to Supreme’s website during one of its drops can increase by up to 17,000%. Many of the customers that race to get their hands on a Supreme drop often resell their merchandise online for as much as ten times the original retail price. Do you like this content?
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