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The ACCC alleged that the supermarkets increased the prices of the products by 15 per cent for a brief period before being subjected to Woolworths’ ‘Prices Dropped’ and Coles’ ‘Down Down’ promotions. Bardwell noted that Woolworths will continue to engage with the ACCC on the matter.
The country has a well-established retail ecosystem with high-traffic shopping malls, premium retail spaces and a digitally engaged consumer base. “This store offers exclusive digital and online-to-offline (O2O) services, setting a new benchmark for customer engagement,” Baker said.
Woolworths Group has pulled the plug on plans to open a Dan Murphy’s store in Darwin after an independent panel ruled that the development should not go ahead. The Gilbert Review has made it clear that we did not do enough in this community to live up to the best practice engagement to which we hold ourselves accountable.
Beyond retail, the travel sector also flourished during this period, with a 29 per cent year-over-year increase in bookings last year as consumers planned Eid getaways and family reunions. Shopping patterns remain distinct throughout the holy month, with sales peaking in the last two weeks.
With 50 acres of parks, the project aspires to build a community around four commitments: achieving zero carbon emissions, ensuring excellent connectivity, promoting sports and recreation, and creating a place where everyone can thrive. By 2029, the project is expected to deliver 3,400 homes.
Of course, this is much easier said than done, with “going green” not something that can be done overnight and instead requires careful thought and planning. There is no escaping the subject of sustainability, with retailers under increasing pressure to implement changes to make them into a more planet friendly operation.
million shoppers, in a time when many retailers struggled to maintain shopper engagement. In April 2024, it announced it planned to invest $490 million in opening two new fulfilment centres in Horsley Park, Western Sydney, with one to open later in 2025 and the other by 2026. million customers, reaching 7.9 billion in the prior year.
Using these techniques, retailers can create a positive and engaging shopping experience for their customers, build strong relationships, and drive sales growth over time. Customers who feel welcome as they enter the store are more likely to engage in conversation and subsequently make a purchase.
Appropriately addressing the backlash For Walsh, it’s obvious where Poppi went wrong when planning the rollout of its Super Bowl influencer campaign but the brands response to the backlash may be the most concerning part. The prestige only gets you so far before the engagement stops converting or having real impact, Walsh elaborated.
In today’s hyper-competitive landscape, mastering customer engagement isn’t just an option – it’s essential for survival and growth. That’s a big gap when you consider that ‘ace’ brands enjoy 59 per cent higher engagement and 74 per cent more purchases per user. Data-driven personalisation: A game-changer.
In an industry where customer service and emotional engagement is more critical than ever before, this collaboration between human workers and machines is key to maintaining a productive and enjoyable shopping environment, for both staff and customers.
Apart from promoting outdoor goods, they inspire people to participate in local activities focused on urgent environmental problems. Relationships that create brand stickiness and self-sustaining brand engagement. Plan frequent program events such as lectures, reading groups, or product demos supporting community involvement.
An increasingly diverse and inclusive celebration Valentine’s Day in Australia has shown varied engagement levels in recent years. In 2024, about 23 per cent of Australians planned to celebrate the occasion. Run promotions asking users to nominate their best friends for a chance to win friendship-themed hampers or experiences.
Pop Mart’s Hacipupu character also gained significant popularity due to endorsement from K-pop star Chanyeol, though Liu was quick to clarify neither celebrity’s post was part of a planned strategy. “It It came about organically, driven by their personal connection with Pop Mart’s characters,” she said. billion RMB, accounting for 29.7
The report demonstrates how engaging with special offers plays a crucial role in establishing lasting brand loyalty. This behaviour carries significant weight for retailers dealing with products of lower purchase frequency by not only accelerating planned purchases but also encouraging buyers to spend higher amounts whilst shopping.
Achieving this level of integration demands meticulous planning, strong infrastructure, and expert technical support to ensure each component operates harmoniously. When retailers meet these demands, they reap the rewards of loyalty, word-of-mouth promotion, and repeat purchases.
As Aussie shoppers’ expectations grow, your BFCM (Black Friday Cyber Monday) planning needs to start earlier every year. But if you’re in the habit of just doing a big promotion and blasting it at your customers and followers, you’re in for a rude shock this year. That means your promotional campaigns need to work smarter.
Its a time of heightened consumer spending, aggressive promotions, and operational intensity. Understanding these patterns helps anticipate future demand and plan better for upcoming events like Easter or mid-year sales. Was it a specific promotion, product, or referral? The more information you have, the better you can plan.
Here, she explains her plans to ramp up the retailer’s online presence and customer experience in greater detail. OW: The reality for us is, promotion always plays a role in retail and we recognise that, and promotion will always be there. We’re asking how do we get smarter about the right promotions targeting the right people?
Inside Retail: Can you elaborate on Mattel’s plans to expand its retail presence in Asia Pacific? IR: How does Mattel plan to tailor its retail strategy to the diverse markets within Asia Pacific? IR: Beyond Barbie’s recent success, how do you plan to grow other brands like Hot Wheels and Fisher-Price in Asia Pacific?
Planning the treat me moments The Australian gift card industry is experiencing substantial growth with the total gift card market value expected to reach US$10.1 This typically raises incremental spending, promotes omnichannel shopping behaviours, increases customer engagement, and drives brand loyalty. billion in 2020.
The report found that the majority of Gen Z shoppers plan to spend more or the same on Christmas gifts compared to last year and that visiting stores during the festive period is a top priority. Despite being digital natives, 88% plan to visit a physical store during the Christmas shopping period.
By identifying new trends in how consumers are making purchase decisions around promotional discounts and impulse purchases, retailers can meet the consumer where their budget is and potentially bend it. The collapse of impulse buying necessitates a shift in our approach to product development and consumer engagement,” said Wardlaw.
Like many retailers, we have had to contend with inflationary pressures and greater promotional cadence, which has had an impact on profits,” said King. Over the last five years as CEO, King has been enacting his ‘customer-first plan’ which has re-established Myer as Australia’s 8th most trusted brand, according to Roy Morgan.
Building a community around ethnic wear Beyond sales, Shobitam seeks to engage customers through personalised services, loyalty programs, and storytelling around the heritage of its products. We aim to educate, engage, and inspire. Our approach goes beyond just selling sarees. The Shobitam Experience isnt just a promise.
Marie Driscoll, a chartered financial analyst and a professor at Parsons, The New School and the Fashion Institute of Technology, noted that Vera Bradley also had a growth strategy that overly relied on outlets and promotional pricing. However, Minkow noted that nostalgia alone won’t help the brand make a proper comeback.
She said that more than one-quarter of retail businesses polled in Shipstation’s latest research plan to increase delivery charges for customers this year, and 10 per cent plan to increase the cost of returns. That sustainability mindset provides an opportunity for retailers to engage with Gens Y and Z, she said.
By leveraging advanced forecasting to increase front-line engagement, Zebra Workcloud can boost output and satisfy customers. That’s invaluable for retail brands given that research from Zippia shows that companies that promote collaboration and communication at work can enjoy a 50 per cent reduction in staff turnover. “By
Through the acquisition, the platform plans to eliminate the need for opening multiple tabs when shopping online, which often leads to “confusing yourself with all of the options and different variations”, Walsh said. It’s a great opportunity for retailers with products on promotion to get in front of consumers,” Walsh said.
By improving efficiency, businesses free up resources (time and money) that can be reinvested into strategic priorities such as pricing, promotional activities, product development or even store refurbishments. Engaged leaders who practice servant leadership empower their teams to surface and solve problems.
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. The 2024 Australian Retail Outlook is out now. The term ‘customer loyalty’ is commonly confused with ‘loyalty programs’.
In fact, for brick and mortar retailers, promotions generally account for anywhere from 10% to 45% of total revenue. Understanding how to manage seasonal sales and promotions is key to running a successful store. This job of managing promotions becomes more complex when you start adding multiple locations into the mix.
The weeks leading up to Christmas, Cyber Monday, and Black Friday typically see a surge in promotional activity that can account for a significant portion of a brand’s annual revenue. LSKD founder and CEO Jason Daniel said that the brand spends a lot of the year planning and preparing for peak period.
It’s an opportunity to introduce the new product to potential customers and promote it to industry influencers and consumers. 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.
We just implemented a new AI-driven workforce management and scheduling system, which takes our sales forecasts, our promotional calendars, and then some of our competitive variables that we’re able to input, and it spits out a system that is smarter than the human would have otherwise developed, Bracken told a rapt audience at Shoptalk.
Consumers now expect retailers to engage them whenever and wherever they want, with a shopping experience tailored to their individual needs. Generally, customers and brands engage in a value exchange, whereby the former agrees to share their information for personalised incentives catered to their preferences.
A practical example Picture planning a holiday. Expectations: the standard for judgement Customers will rarely engage with your brand without having preconceived notions. If your brand promotes confidence and empowerment, every customer touchpoint has to reinforce those emotions.
From the initial welcome series that set the tone for a customer relationship through to re-engagement campaigns that reignite interest and post-purchase flows that build loyalty, establishing an email marketing flow is critical to the success of a retailer-customer relationship.
For the past few years, it has been promoting a greener retail experience and introducing sustainability-focused programs in its stores. According to Takashimaya, even before the global health crisis, businesses around the world were seeking to become more sustainable, but the pandemic moved them to act on those plans.
Godfreys has reviewed its entire product range – investing in hard-floor cleaning products and robot vacuums – and is expanding its marketing and promotional strategy, engaging with influencers to reach a younger demographic. Flexible expansion plans. We have to keep them engaged, [while also attracting new customers].
Testing When gearing up for peak, ensure rigorous testing of your content and promotionalplans on both test environments and in production well in advance. For digital commerce stores on Adobe Commerce (formerly Magento), create all promotions in staging and verify they work before repeating the same steps on production.
The good news is, with proper planning, not only can you ensure that the right, in-demand products are available to customers when they need them, but also avoid ending up with excess inventory. This is where a merchandising plan can help. What is a merchandising plan and why should retailers care? Let’s get started.
Rebel subsequently mapped out a strategic plan with trade partners, including Adidas, Nike and Puma, as well as Football Australia and Westfield shopping centres, where pop-up stores would be located. Lorenzato added that the retail industry has a significant role to play in driving engagement in women’s sport. “As
Google announced plans to entirely phase out third-party cookies within two years. The great thing about this transformation success story is that to bolster its online experience, Purebaby shifted from focusing on purely promotional marketing to building up robust lifecycle programs. Cosying up with consumer expectations.
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