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JB Hi-Fi’s subsidiary The Good Guys is facing legal action from the Australian Competition and Consumer Commission (ACCC) for alleged deceptive misrepresentations around its ‘StoreCash’ promotions. The post ACCC sues The Good Guys over dodgy promotions appeared first on Inside Retail Australia.
Forget deal or no deal, it’s more like deal or disappointment for consumers, leaving much to be desired in terms of results for retailers. The approach of offering fewer products while increasing promotional impact reflects how a retailer like Currys is refining its strategy to balance consumer preferences with enticing deals to consumers.
Meanwhile, Statista projects the retail delivery market in Singapore to reach a revenue of US$594.4 The market research company said one of the unique factors driving the retail delivery market in Singapore is the country’s small size and high population density. million this year.
Chinese consumers are now adjusting to a “new normal” in response to evolving market conditions, prompting businesses to rethink their strategies. The 2025 China Consumer Survey by AlixPartners reveals a significant shift in spending priorities, reflecting changing consumer behaviours and economic dynamics.
Every day of trade from Black Friday to Christmas is important, so this year we have segmented our promotional calendar into days, not weeks, during peak. Lovehoney Australasia director Rob Godwin: Toughest hiring market in 19 years. “We We’re expecting an especially strong result in our physical stores.
In the classic world, that was everything from shelf-wobblers to end-caps to promotions. In the new world, that might look like targeted club-card promotions that are linked to a customer displaying a certain level of intent,” Waecker said. What are the key factors of a successful retail media network? Everything becomes ad hoc.
On Friday, JB Hi-Fi Group CEO Richard Murray officially left the consumerelectronics company, where he has held various roles for the past 18 years, to lead Solomon Lew’s Premier Retail business; Terry Smart, previously managing director of The Good Guys and CEO of JB Hi-Fi, took over the top position.
“While promotional campaigns have kicked off with decent buzz on consumer demand over the past week, we are cautious; spending sentiment is likely to remain soft,” Citi’s Alicia Yap wrote, citing disruptions to economic activity due to Covid curbs and rising job insecurity. per cent to 3.6 per cent and 8.9
Hybrid events market their value as saving exhibitors’ shipping and boarding costs while supplying the same quality educational content, industry updates and networking opportunities. Hybrid events differ from hybrid trade shows in that the primary purpose is education instead of product promotion.
While BNPL offerings are mature in Australia and New Zealand, due, in large part to the emergence of Afterpay, countries in South East Asia have new markets with room for incredible growth. It’s no surprise that BNPL has taken off at speed – giving rise to a highly competitive market. . But this could be the tip of the iceberg.
And retailers and brands are already using the metaverse for a number of sales and marketing purposes. Physical products can be sold with accompanying non-fungible tokens (NFTs), which allow consumers to own a digital version of the product. Last year, Coca-Cola took NFT auctions a step further, into cause-related marketing.
It’ll be those discretionary categories – [such as] footwear, clothing, accessories and possibly even consumerelectronics that will struggle [to] make gains in the market,” Mortimer said. But, he added that it’s a shrinking market. You need to go to market with one of two offers.
You can’t just put it on a store shelf or make it available and hope people find it – you’ve got to promote it if you want a shot at it being successful. As the name implies, experiential marketing involves creating an immersive experience for the consumer as a means of creating a deeper personal connection.
While consumer brands are gearing up for the holiday season, many are looking even further ahead to the consumer tech event of the year – the ConsumerElectronics Show (CES). In addition to more strategic marketing materials – dont forget to consider branded swag that can be handed out to any attendee.
Looking closer at consumer behaviours confirms a broad shift in shopping choices and heightened customer experience expectations. For example, the research shows that 73 per cent of consumers are using promotional codes, cashback offers and rewards to make their dollar go further, and 66 per cent are doing more research before purchasing.
Beginning with idea generation and market research to identify market gaps, companies go through multiple stages of product development before launching the product. Research phase Before diving into ideation, it’s essential to grasp market demand.
One of the biggest and most innovative electronics trade shows in the world is the famous CES, known as the ConsumerElectronics Show. Here are the different types of electronic events: ConsumerElectronic Shows: These shows specifically focus on gadgets and technologies that we use every day.
Their size makes them more visible and excellent for promoting brand awareness and impulse purchases. Consumerelectronics. Because they’re small and have a prominent location, counter displays are a cost-effective way to promote products. They’re great for new products, current promotions and featured items.
Large corporations that excel in online markets benefited from the lockdowns and travel restrictions. It depends on two things: Your industry and market level. Suppose you’re not a large corporation or you do not excel in the online market. The recent ConsumerElectronics Show (CES) is a good example.
Large corporations that excel in online markets benefited from the lockdowns and travel restrictions. It depends on two things: Your industry and market level. Suppose you’re not a large corporation or you do not excel in the online market. The recent ConsumerElectronics Show (CES) is a good example.
Here’s a list of some of the largest shows along with the industry they represent: World of Concrete (building & manufacturing) ConsumerElectronics Show (consumer tech) National Auto Dealer’s Association (automotive) Black Hat USA (cybersecurity) Maintenance, Repair and Operations Americas (aerospace). ??
What about the ConsumerElectronics Show? August Robotics is promoting this new technology, which is already in use. New and unexpected technologies, products, and devices create entirely new shows—and big ones at that; would we have any cybersecurity conferences like Black Hat USA or RSA?
The ConsumerElectronics Show (CES), held annually every January, is one of the most important tech events worldwide. It offers a prime platform for brands to connect with buyers, consumers, media, and other industry professionals. Residential Systems : Specializes in B2B coverage of the custom installation market.
Nike CFO Matt Friend said on a recent investor call that Nike was experiencing “meaningful shifts in consumer traffic in key markets – particularly in Greater China, where bricks-and-mortar traffic declined as much as double-digits versus the prior year”. Good times ahead for consumerelectronics retailers in Asia.
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