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In todays competitive retail landscape, customer insights play a crucial role in shaping business strategies and enhancing the overall shopping experience. IR : How do you plan to improve your understanding of the customer in 2025? You can download the full report here.
We recently spoke with CEO Craig King about his strategies for navigating economic challenges, the role of physical stores and tips for driving international growth in 2025. You can download the full report here. How did the macroeconomic environment affect Ksubi in 2024, and what strategies did you deploy in response?
This powerful solution can help you ensure that your investment decisions are backed by data-driven and proven market strategies, that deliver sales uplift. Now is the perfect time to test your new strategies and measure them against your actual sales, using a reliable and proven method.
This shift suggests a more calculated, pre-emptive strategy, rather than an over-reliance on deep discounting, she said. Once a goal is set, retailers can model the impact of their discount strategy on gross profit and assess whether it aligns with their objectives, Penn-Kahn said. Download the full report here.
If there was one event in 2024 that retail companies want to learn from to inform their cyber strategy, this is surely it. To avoid the potential damage of a cloud outage is to forgo the benefits of digital transformation that are now critical to any retailers sales strategy. You can download the full report here.
Competition in digital marketing is fierce: 81 per cent of retail marketing executives expect it to increase even further this year, and 69 per cent plan to raise their spending accordingly. Let data guide your strategy this year. Download a copy of the free 2024 Marketing Spend Report today. Explore emerging opportunities.
Analysing the vast amounts of data from various sources informs strategies to predict trends, personalise content and optimise campaign delivery in real time. Learn more about how big data in advertising can help you succeed by downloading Circana’s AdVentures in Advertising Outlook Report. The post Big data. Big future.
Retailers who understand the specific needs of each generation can tailor their marketing, product offerings and pricing strategies to match those preferences. One of the easiest ways that retailers can support customers with their delivery experience is by encouraging them to download the AusPost App.
The foundations of our long-term growth strategy are now in place with our mobile app, loyalty program and first ‘owned brand’ all launched and scaling strongly in a market benefitting from the structural shift to e-commerce, which has seen us increase our active customer base by 90 per cent in two years.”.
So, where we can use this real-time data to maximise the content we’re putting out to them is the most critical part when planning assets and activity around our media campaigns.” Then, if we compare that to a week where we had no in-store retail media, it was an uplift of 76.8 They are researching online and buying in-store. “So
Be sure to download the 2024 Australian Retail Outlook to discover more. With tightening budgets looming, best-practice retailers will plan to make every dollar count and double down on generating growth from their existing shopper base through increased retention and loyalty.
Forrester finds Shopify strongest for current offering and future strategy Last month, research and advisory firm, Forrester, released its Forrester Wave: Commerce Solutions for B2C for Q2 2024 naming Shopify the strongest platform in terms of current offering and future strategy. per cent of a brand’s GMV or $3.6
Working with retailers across Australia and New Zealand, Quantiful CEO Jamie Cormack has identified poor planning outcomes as one of the significant causes forcing retailers to contract and even close stores today. The innovation is a demand planning tool that delivers accurate forecasts and illustrates what is driving demand.”
Centric’s e-book details five core strategies retailers can adopt to boost their private-label business. In summary: Strategy 1 – Optimise costing for high-profit margins: A crucial point in the highly competitive retail landscape, cost optimisation ensures profit margins and sustainable growth.
Executing an omnichannel strategy is vital for gaining that competitive edge. Today, with the drastic changes in shopping behaviour, having an omnichannel plan is critical for bottom-line success. The guide includes: Three key dimensions your new omnichannel strategy must address to cater for your diverse shoppers.
One of the strategies being deployed by many is introducing gamification into their loyalty solution. Thanks to the hyper-personalisation gamification offers, the number of mobile downloads increased by 147 per cent and the number of monthly active users doubled. What are the best practices in loyalty gamification?
Klaviyo – an intelligent marketing automation platform – has created the ultimate calendar with more than 150 key e-commerce dates to consider when planning and executing your year-long marketing strategy. Download Klaviyo’s free e-commerce marketing calendar with 150+ key dates today!
We chat with co-founder Rama Suparta about the brand’s omnichannel strategy and its new mobile app and try-on service. IR: How would you describe Saturdays’ omnichannel strategy? Can you tell me about your plans for the extra funding? IR: What are your plans for Saturdays this year? You can download the report here.
This powerful solution can help you ensure that your investment decisions are backed by data-driven and proven market strategies, that deliver sales uplift. Now is the perfect time to test your new strategies and measure it against your actual sales, using a reliable and proven method. growing database of first-party data.
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Here are some strategies to reach customers at the time of purchase: Adopt an agile approach. While this strategy may require more real-time data, it will allow retailers to more quickly adjust business offerings to meet consumer expectations. If there’s one thing businesses learned from last year, it’s that nothing is constant.
The statistics come from the newly released Shopify Australian Retail Report 2024 ( available for download free here ). Almost every retail executive (99 per cent) polled said they plan to invest in innovation during the coming year.
Download our white paper "Demystifying Trade Show ROI". There are a few things to keep in mind when planning your product launch. Second, make sure you have a solid marketing plan. Start planning your trade show launch early. As the saying goes: Those who fail to plan, plan to fail. FREE WHITE PAPER.
Be sure to download the 2024 Australian Retail Outlook to discover more. To give you a glimpse of what you can expect from this year’s report, we are sharing selected articles over the coming weeks. To give you a glimpse of what you can expect from this year’s report, we are sharing selected articles over the coming weeks.
The Nike trademark applications are “intended to cover the categories of downloadable virtual goods, namely, computer programs featuring footwear, clothing, headwear, eyewear, bags, sports bags, backpacks, sports equipment, art, toys, and accessories for use online and in online virtual worlds”.
Financial information and growth strategy Retailers that have a generic or unrealistic growth story are often marked down during any transaction process. Have a credible set of financial forecasts (3-5 years) that supports their strategic plan and vice versa. How will the founders be involved in the company after the sale?
Normally we spend a year preparing for the holiday period, you plan the inventory, make sure systems are ready to go, so the team was just really scrambling. This opportunity to invest and build out is a part of our strategy with the Wesfarmers acquisition. Omnichannel is a really big part of our strategy. It was unexpected.
Now is the time for strategic planning, smart segmenting, and a solid omnichannel marketing strategy that will position your brand for success. Here are a few key strategies to start working on today so you can hit the ground running during peak shopping time. Test your discounts before the big day. Get started today.
Times might be tough for the average Australian – with research showing nine out of 10 consumers will seek better deals this Christmas – but they’re still planning to give gifts. You can download the full report by Gift Flick and Inside Retail – ‘Who Wants What?’ at this link.
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Be sure to download the 2024 Australian Retail Outlook to discover more. Owners, boards and management teams too often struggle to step back to look at the bigger picture of what is going on and remain stuck in the day-to-day business operations, or remain attached to a strategy that isn’t working.
On top of that, another rising privacy concern revolves around how retailers are obtaining and using location data from customer’s smartphones to direct advertising strategies. Fifty-five per cent of marketers currently use DMPs with an additional 35 per cent planning to use them within the next two years. You can download it here.
Pfeiffer-Smith stepped into the MD job in July 2022, shifting across from a role as Endeavour Group’s chief strategy officer. Sustainability also hasn’t been forgotten, with 20 per cent of all stores having solar panels and more panel roll outs planned this year. Download here.
In this article, we explore key strategies shaping the future of retail and e-commerce, including: Anticipating the future of retail and e-commerce. Imagine the impact on your bottom line by successfully implementing a data-led, action-based personalisation strategy. Data-driven personalisation: A game-changer.
Martin advocates focusing on luring traffic and driving conversion to ensure they maximise sales – and to plan for that to be a long-term strategy because he sees the trend enduring. The Consumer Insights Report 2023 can be downloaded here. They want to keep doing what they can and they’ll sacrifice accordingly.”
If Temu loses, Temu could be forced to curtail what so far has been a key marketing strategy. listing in the second half of this year, three people with knowledge of its plans told Reuters. Shein said it does not currently have plans for an IPO and declined to comment further.
We have continuously worked with all our tenants to come up with robust marketing strategies to encourage customer traffic and spending, including creating promotional areas at high traffic areas, assisting with shopping and dining vouchers, and continuing with our shopper rewards and redemption programs. You can download it here.
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The company’s reportedly $14 million ad investment paid off, as downloads surged by 45 per cent and daily active users increased by 20 per cent on the day of the Super Bowl, and Temu surpassed Amazon and Walmart as the most downloaded app with sustained growth afterwards.
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The brick-and-mortar retailer that once attracted gamers has struggled in the age of online downloads, drawing it to the heart of a clash in 2021 between hedge funds betting on its demise and retail traders pumping up its price.
The brick-and-mortar retailer that once attracted gamers has struggled in the age of online downloads, drawing it to the heart of a clash in 2021 between hedge funds betting on its demise and retail traders pumping up its price.
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