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Experts from retail marketing consultancy Gekko have utilised their GWS Price Analysis Tool to do the heavy lifting, crunching the numbers to analyse average prices in categories including consumerelectronic products and household goods, across major retailers, including AO, Argos, Currys, Harvey Norman, and John Lewis.
The reported closure of Microsoft’s brick-and-mortar stores managed by authorised retail partners in China has raised questions about the tech giant’s strategy in the world’s second-largest economy and whether the move is counterintuitive when the market’s consumerelectronics sector has seen a sign of recovery.
The world’s largest retailer shared expansive plans for the future of retail at the recent ConsumerElectronics Show (CES 2024), focusing on adaptive retail strategies that encompass realms of customers, workforce and society. Embracing AI Walmart’s goal is to make shopping experiences effortless, engaging and personalised.
Last month, food delivery company Deliveroo expanded its ‘Deliveroo Shopping’ service into Singapore, enabling consumers to order retail goods on demand, alongside its existing restaurant food and grocery offering. This shift is reflected in the launch of Deliveroo Shopping.” 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.
Tech accessory juggernaut Casetify is making waves in the American retail landscape via its landmark partnership with consumerelectronics giant Best Buy. This expansion is more than just a growth strategy; it’s a testament to Casetify’s ambition to capture a larger slice of the global tech accessory market.
Australian consumerelectronics giant JB Hi-Fi announced a major expansion of its New Zealand operations last week , unveiling plans to double its store count in the next three to five years. JB’s Hamilton store on New Zealand’s North Island, for example, has been relocated from the CBD to a shopping centre.
As restrictions ease, and consumers in Australia’s most populous states regain some basic freedoms, the recovery can now get underway. However, while retailers and consumers alike would be eager to put 2021 behind them, the research suggests recent events have yet again reshaped the way people shop and spend.
The assets and opportunities of retail media include websites, EDMs, apps, in-store media – such as aisle-end or on-shelf displays and radio or TV – along with retailers’ social-media channels like Facebook, Instagram, TikTok, Pinterest, YouTube, Snap and LinkedIn, and online platforms like Google Search and Google Shopping.
Some 61 per cent believe that retailers and providers of personal care and hospitality services adapted well to the circumstances and to consumers’ changing needs. Almost a third of consumers report better online shopping and delivery experiences during the pandemic and more than 20 per cent report that in-store experiences improved.
We’re also seeing an interesting change in consumer behaviour in the lead-up to Black Friday, with consumers actively choosing to hold back on purchases in anticipation of massive discounts and limited-time offers. As a result, many Australians are encouraged to start their Christmas shopping early to avoid disappointment.
While there are some signs of inflation beginning to correct itself, it could be some time yet before general consumer costs return to normal. A continued uptick in e-commerce and omnichannel strategies. According to a recent survey from McKinsey , approximately 75 per cent of respondents said they prefer omnichannel shopping. .
Although some shoppers will be looking forward to returning to their favorite brick-and-mortar retailers, others may now be inclined to still shop from the comfort (and safety) of their couch. However, these consumershopping behaviors vary from shopper to shopper and even between retail segments. ConsumerElectronics.
India’s DTC retail landscape has been evolving rapidly, driven by factors like increasing internet penetration, a shift in consumer preferences towards online shopping, and the ascent of digital marketing. Technological innovations have streamlined supply-chain management and warehouse operations. billion in investments.
In fact, consumers indicated that on average, they were reallocating approximately $450 per month, largely towards essential goods and services or savings. Looking closer at consumer behaviours confirms a broad shift in shopping choices and heightened customer experience expectations.
We work with a range of industries, from consumerelectronics to lifestyle products, and specialize in both offline retail and e-commerce strategies tailored to the unique dynamics of the region. Unlike Western markets, APAC encompasses a wide range of cultures, languages, and consumer preferences.
It is worth remembering what retail is about at the broadest level possible: It’s about making people happy by giving them things they want and helping them enjoy the process of shopping for them. Starbucks has seen its same-store sales tank, although it professes to stand firm on its premium pricing strategy.
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