Inside Retail

APRIL 17, 2023

Australian consumers are increasingly turning to marketplaces to search, discover and purchase new products, offering major opportunities for local brands. New research from Pattern’s Marketplace Consumer Trends Report – 2023 highlights that 92 per cent of consumers plan to shop on a marketplace this year.

Consumer 130

Consumer Pattern Accessories Accessories 130

Inside Retail

NOVEMBER 27, 2023

While Australian retail’s annual peak season may have dawned, “a perfect storm of challenges” has created an extremely difficult time for retailers who are facing higher overheads and falling spending as consumers adapt to the cost of living crisis. Zahra also believes it is essential that retailers appeal to consumer values.

Strategy 130

Strategy Social Media Consumer Pattern 130

RetailMinded

SEPTEMBER 19, 2023

Businesses have effectively moved away from traditional sales techniques and eagerly seized the opportunities provided by direct-to-consumer (D2C) sales due to the quick progress of digital technology. This involves detailed research and data analytics to gain insights into consumer trends and tastes.

Strategy 52

Strategy Consumer Tailored Social Media 52

Inside Retail

JUNE 20, 2021

Lockdowns with little advance notice, panic buying, supply chain disruptions, hastily made changes to health and safety regulations, and extreme swings in consumer needs and expectations. How did they fare and how have consumers changed due to their pandemic experience? Consumers unevenly impacted. Adaptability tested.

Consumer 242

Consumer Beauty and Health Consumer Electronics Social Media 242

Inside Retail

NOVEMBER 27, 2023

In the ever-evolving retail landscape, technology has swiftly moved from being a novelty to becoming the linchpin of both operational and customer-centric strategies. Today’s consumers might browse products online and then feel, try and buy them in physical stores.

Consumer 147

Consumer Engagement Shopping Pattern 147

RetailMinded

JULY 29, 2023

According to McKinsey & Company , 75% of consumers are exploring new shopping behaviors, indicating a significant change in their preferences and priorities. I’ll then suggest some effective strategies that independent retailers can use to stay ahead of the competition. So let’s get to it!

Strategy 52

Strategy Consumer Social Media Customer Engagement 52

RetailMinded

JULY 29, 2023

According to McKinsey & Company , 75% of consumers are exploring new shopping behaviors, indicating a significant change in their preferences and priorities. I’ll then suggest some effective strategies that independent retailers can use to stay ahead of the competition. So let’s get to it!

Strategy 52

Strategy Consumer Social Media Customer Engagement 52

Inside Retail

NOVEMBER 3, 2021

A cursory glance through the history books shows us how patterned and predictable the impact of a crisis is on innovation. The effect of the pandemic on society is highly patterned and predictable. New technologies have sprung up to connect consumers at a time of increasing distance. Crisis: a connection catalyst.

Consumer 130

Consumer Engagement Pattern Form 130

Inside Retail

JUNE 23, 2024

The brand includes a line of products retailed both direct-to-consumer (DTC) and through its retail partners – a natural progression in Eucalyptus’s purpose to build a better future for healthcare by improving outdated and inefficient systems entrenched within the healthcare system.

Beauty and Health 278

Beauty and Health Pattern Tailored Consumer 278

Retail Focus

MAY 24, 2022

Unable to contend with the double whammy of changing consumer behaviour and a COVID-induced slump, dozens of brands fell into administration, from Arcadia and Debenhams to Monsoon and Cath Kidston, with the closure of hundreds of physical stores. Crafters can access supplies to buy a specific pattern, or search for community-shared patterns.

Architecture 246

Architecture Strategy Pattern Hobbies 246

Inside Retail

OCTOBER 21, 2024

Machine learning models continuously improve predictions by identifying patterns and trends, helping retailers optimise inventory and stock replenishment, reducing overstock and stockouts. In one successful example, a major consumer goods company used AI to predict future store and online sales.

Pattern 130

Pattern Consumer Strategy Shopping 130

RetailMinded

MAY 23, 2024

By implementing strategic financing strategies, retailers can position themselves for consistent growth and long-term success, regardless of the time of year. By repaying the line of credit as sales increase during the peak season, businesses can maintain a healthy cash flow while capitalizing on the surge in consumer spending.

Strategy 52

Strategy Flow Line Planning 52

Hunton Andrews Kurth

MAY 31, 2023

Counterfeit goods continue to become increasingly ubiquitous, presenting a host of issues for both retailers and consumers. The US Patent and Trademark Office (PTO) has decided to begin a dialogue regarding anticounterfeiting and antipiracy strategies that have already “proven effective” and development of new strategies for the future.

Strategy 52

Strategy Pattern Social Media Consumer 52

Inside Retail

NOVEMBER 5, 2024

AJ Bell analyst Dan Coatsworth noted that could be a takeover target, especially in a challenging economic climate where consumer demand for high-end goods wanes. HSBC analyst Aurelie Husson-Dumoutier said Burberry’s outlet exposure also jeopardised its strategy to elevate the brand.

Fashion 130

Fashion Pattern Outdoor Marketing 130

RetailMinded

JUNE 19, 2024

From innovative product selections to smart advertising campaigns, you need fresh strategies. By analyzing purchasing patterns, social media interactions, and website behaviors, you identify what your audience values most. It enables proactive marketing strategies rather than reactive ones. Offer them exactly what they crave.

Strategy 52

Strategy Marketing Social Media Tailored 52

Inside Retail

SEPTEMBER 16, 2024

As a design studio, it’s crucial for us to be immersed in the creative scene, and Bangkok offers the perfect balance between its thriving arts culture and the commercial demands of consumers. IR : How does the Thailand expansion fit into Beyond The Vines’ overall global growth strategy? RT: Yes, definitely.

Fashion 130

Fashion Marketing Expansion Strategy 130

RetailMinded

OCTOBER 1, 2023

Understanding Your Audience Any effective marketing strategy is based on a profound understanding of the target market. Here are a few tips to help you delve into the psychographic nuances that shape consumer choices. Embracing Omnichannel Strategies The key to modern retail success is to embrace omnichannel strategies.

Strategy 52

Strategy Social Media Display Engagement 52

Retail Focus

SEPTEMBER 14, 2024

This article delves into the foundational elements of retail merchandising, exploring its importance and impact on consumer behavior and store profitability. Essentially, retail merchandising is about strategically positioning products to sway consumer buying decisions. What is Retail Merchandising ?

Merchandising 130

Merchandising Fashion Visual Merchandising Layout 130

Inside Retail

AUGUST 22, 2024

This article delves into the psychological effects of the Olympics, explores how they influence consumer behaviour and provides insights into what retailers can do to capture and extend the positive sentiments the 2024 Olympic Games in Paris will generate. Brands that embraced digital strategies generated increased engagement and sales.

Unity 260

Unity Engagement Social Media Apparel 260

Inside Retail

DECEMBER 17, 2023

Consumers are still feeling enormous financial pressures, and many are heading into this period with little optimism towards their finances. Such economic strain is leading to behavioural changes in the way consumers are shopping and planning their festive budgets. But this shouldn’t just be a retail race to the bottom.

Shopping 130

Shopping Layout Strategy Gifts 130

Inside Retail

JULY 12, 2024

The cost-of-living crisis and decreased discretionary consumer spending continue to wreak havoc on established retail businesses, as evidenced by the collapse of several Australian retailers in recent months, including Booktopia, Tigerlily, Nique, Dion Lee and Godfreys.

Unity 147

Unity Strategy Pattern Flow 147

Retail Focus

JUNE 5, 2024

As such, companies use custom embroidery to create unique patterns that are hard to replicate, setting them apart from mass-produced items – and giving customers something to show off that elevates them above the herd as well. Brands can market these efforts as part of their sustainability-focused branding strategy.

Pattern 147

Pattern Fashion Texture Promotion 147

Inside Retail

SEPTEMBER 15, 2024

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

Consumer Promotion Pattern Shopping 147

Retail Bound

APRIL 23, 2024

From traditional brick-and-mortar stores to the rise of e-commerce, product startups have had to adapt and keep up with changing consumer behavior. In recent years, technological advancements and shifting consumer preferences have caused significant disruptions in the retail landscape.

Consumer 52

Consumer Social Media Promotion Marketing 52

Inside Retail

SEPTEMBER 30, 2024

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

Marketing Beauty and Health Promotion Customer Retention 246

Retail Focus

OCTOBER 15, 2024

These periods experience a surge in consumer spending, driving up sales figures and influencing investor sentiment. Understanding how consumer trends and buying patterns during these specific seasons affect retail stocks is essential for investors aiming to make informed decisions.

Shopping 130

Shopping Consumer Contrast Pattern 130

Inside Retail

AUGUST 7, 2024

In an era marked by relentless competition and rapidly evolving consumer behaviours, retail businesses find themselves at a crossroads. Today’s consumers value more than just products, they crave meaningful experiences and genuine connections with the brands they support. This can be instrumental in building trust and loyalty.

Tailored 130

Tailored Engagement Curate Consumer 130

Inside Retail

FEBRUARY 5, 2024

As we venture into 2024, Australian retailers stand at the crossroads of evolving consumer behaviours, economic uncertainties, and technological advancements. This transition ushered in an era where consumers seamlessly navigated between digital and physical channels, choosing the path of least resistance for their purchases.

Strategy 130

Strategy Shopping Consumer Pattern 130

Retail Focus

MARCH 28, 2023

There have been changes in priorities around consumer spending. Where customers accustomed do consumption patterns in the past decades? Consumers were often more loyal to certain brands than they are now. Retailers may use a combination of these strategies to educate consumers to adopt new habits. Ghalia BOUSTANI.

Pattern 162

Pattern Social Media Tailored Advertising 162

Inside Retail

JULY 25, 2024

In today’s dynamic retail landscape, consumer expectations are evolving rapidly. While in Australia, in-store experiences continue to hold immense value for consumers, online retail shows no signs of slowing down. Benefits for retailers and consumers There are many advantages of omnichannel commerce.

Harmony 162

Harmony Shopping Pattern Customer Engagement 162

Retail Focus

APRIL 4, 2024

Expert Manager at Univers Retail | Ephemeral Retailing Specialist | Published Author | Speaker In the dynamic and ever-evolving landscape of contemporary business, the concept of digital transformation has emerged as a pivotal force shaping industries and strategies at an unprecedented pace.

Social Media 147

Social Media Strategy Balance Engagement 147

Inside Retail

MARCH 19, 2024

Daly advocates creating a loyalty program to reward top customers and keep them coming back and progressively localising your website and marketing engagement strategy to connect with the local target audience. The ease of returns has become a basic expectation among consumers shopping online.

Planning 290

Planning Customer Retention Social Media Marketing 290

Retail Bound

NOVEMBER 5, 2024

With the rise of technology, retail has now entered the digital age where consumers can shop at the click of a button from the comfort of their own homes. AI has revolutionized the retail industry by providing both product startups and retailers with valuable insights into consumer behavior and preferences.

Social Media 52

Social Media Pattern Tailored Strategy 52

Inside Retail

AUGUST 11, 2024

Distribution shops made up 40 per cent of the total sales, highlighting the effectiveness of Into You’s multi-account strategy in boosting product visibility and sales. Zhadian Dairy’s strategy was highly successful, expanding their reach from a core audience of 200,000 to 6 million health-conscious users.

Engagement 147

Engagement Beauty and Health Strategy Social Media 147

Inside Retail

JULY 14, 2022

Pattern has been monitoring and benchmarking the e-commerce performance of Australian retailers for a number of years and with the release of the FY22 Ecommerce Acceleration Report , continues to document and report on the key performance indicators that benchmark Australian e-commerce retail. This event also delivered 3.5

Pattern 130

Pattern Strategy Promotion Location 130

Inside Retail

JUNE 28, 2023

Fast fashion has normalised using garments for short periods of time, and throwing them away when trends change, driving an unsustainable pattern of overproduction and overconsumption. Future strategies Brands will need to consider the upcoming legislation at all levels within their business and processes, according to Wilkinson.

Fashion 245

Fashion Strategy Engagement Pattern 245

RetailMinded

NOVEMBER 13, 2022

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. The old school marketing strategies for customer acquisition still work, but costs have exploded in recent years.

Strategy 87

Strategy Flow Social Media Planning 87