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Smart shopping carts, low-code and robots: Welcome to retail tech in 2023

Inside Retail

Whether it’s a small boutique or a major department store chain, all businesses can harness the potential of this powerful technology. At Amazon, algorithms are used to track consumer behaviour and adapt product recommendations based on a wide range of factors.

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Analysis: The many faces of social commerce in China

Inside Retail

Brands do not even need an offline presence at CDF to open online brand boutiques within the WeChat store. The perimeters between CRM and social community have blurred, and sales of products are now being directed by an army of KOCs (key opinion consumers). Creating virtual IP to contest KOLs. Second-life commerce.

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Factors That Affect the Retail Industry Nowadays

RetailMinded

Success in the retail business isn’t as simple as providing consumers with the opportunity to buy your products. You may have already thought about your ideal customers and consumers, what they’re looking for, and their preference on how to shop. These methods of advertising have ultimately helped many companies to grow.

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‘Indecision is the hardest part’: Retailers react to Sydney lockdown 2.0

Inside Retail

Hampson plans to adjust Superdry’s promotional calendar to drive higher conversion through its online channels to mitigate the overall sales fallout that he expects to see during the lockdown period. . Continuing to advertise despite the drop in consumer sentiment last year was “the best thing we ever did,” she said.

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Embracing The Retail Renaissance: Strategies For Independent Retailers

RetailMinded

Here are a few tips to help you delve into the psychographic nuances that shape consumer choices. Use the best online survey tools to conduct thorough market research to decipher consumer preferences, revealing what triggers buying decisions. OOH advertising on billboards also guides shoppers to enriched in-store experiences.

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Buckle Up, Retailers: Strategies For Growth During The Most Frugal Holiday Season Ever

RetailMinded

Facing a Christmas that some economists predict could be ‘called off’ in the eyes of consumers, retailers are braced to do all they can to help shoppers spread the cost; and in turn, keeping profits stable and business afloat. There’s no question that sustaining sales with long-term promotional periods eats into profits.

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Cannabis Merchandising Tips

Jahabow

It’s easy to think that simple demand is enough to sell cannabis products, but the truth is that merchandising matters in your brick-and-mortar dispensary just as much as it matters in a retail store like a clothing boutique or a small niche business. Provides plenty of promotional materials that emphasize product benefits.