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E-commerce sales fall as cost-of-living pressures hit consumers

Inside Retail

As inflation and rising interest rates start to bite and reduce consumers’ spending capacity and confidence, Australian e-commerce sales declined sharply in July. . This shows that consumers are researching online to find the product they are after before they head to a retail store to buy it. Representing 19.3 Desktop and tablet.

Consumer 246
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The Psychology Behind Consumer Behaviour – How Students Act?

Retail Focus

Understanding the psychology behind consumer behaviour is crucial for businesses and marketers aiming to tailor their strategies effectively. For students, grappling with academic demands often leads to unique consumer patterns, especially when seeking services that align with their educational needs. Social Influence.

Consumer 130
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The Psychology of Spending: How Neteller Impacts Consumer Behaviour in Retail and Gambling

Retail Focus

In the modern era of digital transactions, payment methods significantly influence consumer behaviour, especially in the realms of retail and gambling. This article delves into the psychology of spending, examining how Neteller impacts consumer behaviour, particularly focusing on Neteller casinos in the UK.

Consumer 130
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The rise and rise of subscription boxes shows the market is ripe for growth

Inside Retail

The FMCG subscription box market in Australia has shown strong growth over the past few years, driven by increasing consumer demand for convenience and personalisation, the continued rise of e-commerce, and sustainable practices. The integration of technology into subscription services has also been a growth driver.

Marketing 246
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Retail’s tech revolution sets laser-like focus on the consumer

Inside Retail

This is not just a transient trend but a robust response to the changing consumer, who now craves the tactile satisfaction of in-store shopping along with the personalisation and convenience of online commerce. Today’s consumers might browse products online and then feel, try and buy them in physical stores.

Consumer 147
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Cost-of-living increases in Singapore: how can  retailers respond?

Inside Retail

At the heart of these retail sector challenges lies the persistent issue of inflation, which has significantly dampened consumer spending. This erosion of spending capacity has forced many consumers to reassess their purchasing habits and prioritise essential expenditures over discretionary spending.

Consumer 147
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Analysis: What to expect from retailers’ FY24 results

Inside Retail

The Reserve Bank is, of course, not so interested in profitability but may be swayed by 2024 financial year sales results that retailers have eked out with heavy and less enriching promotional activity. Despite few trading updates by listed retailers, expectations for the forthcoming full 2024 financial results period are hardly optimistic.