Inside Retail

OCTOBER 31, 2023

This trend is more evident among younger consumers, with 33 per cent of those aged 18-24 and 35 per cent of those aged 25-34 stating that they have purchased makeup dupes due to being influenced by social media. While the rise of duplicates might seem like a threat to premium beauty brands, it’s not necessarily the case.

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Inside Retail

FEBRUARY 20, 2024

Australia, like many other regions, is witnessing a significant shift in consumer behaviour, with e-commerce playing an increasingly integral role in the retail landscape. According to recent statistics, online retail sales have experienced substantial growth, reaching a staggering $40.2 billion in 2022.

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Parcel Pending

NOVEMBER 4, 2024

Ironically, however, the shopping season is getting longer thanks to big box retailers like Amazon, which kicked off its holiday season with Prime Big Deal Days in early October. Other retailers such as Walmart, Target, and Wayfair offered their deals in September and early October as well.

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Inside Retail

OCTOBER 22, 2024

The Covid lockdowns were a severe body blow: the elevation of costs wrought by lockdowns are still reverberating through the industry three years later: higher cost of goods, higher interest rates, higher energy costs, among other catastrophes, have brought destruction to the dreams of hundreds of thousands of small retailers.

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Inside Retail

JANUARY 8, 2022

million digitally active customers with Australian retailers, we can save consumers money while boosting retailers’ sales. Looking at the year ahead, one big question for Australian retailers will be how to maintain and build on these digital connections with consumers and find new incremental channels for growth.

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Inside Retail

DECEMBER 13, 2023

According to a report by global data and business intelligence platform Statista , retail sales over the 2023 holiday season are projected to be between $957.3 billion in retail sales the year before. But that is beginning to change, as American institutions increasingly embrace multicultural festivities.

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Retail Bound

NOVEMBER 28, 2023

In this blog, we’ll explore how product videos can benefit retail sales and why they should be an integral part of any brand’s marketing strategy. Product videos, on the other hand, can instantly pique interest and encourage viewers to learn more about a product.

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Inside Retail

FEBRUARY 27, 2023

While the percentage year-on-year growth in sales made through online channels has fallen since the heights achieved during the pandemic, we continue to see a ‘locked-in’ step change in the volume of sales being made online: that means the investments made to expand the utility and reach of this channel continue to be a valuable base for retailers.

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Creative Displays Now

SEPTEMBER 15, 2023

It helps brands leverage and scale communication channels to promote products and increase sales while focusing on customer needs and journeys. Channels brands may use to connect with customers include: Email Ads Social media SMS texts Cross-channel marketing works by sending related messages through different channels.

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Parcel Pending

FEBRUARY 12, 2025

Smartphone transactions accounted for 70% of online holiday sales, up from 67% in 2023. 4 Interestingly, consumers also embraced new technologies including AI and social media. 5 Returns Impact Retail Sales The clock is still ticking for many retailers to accept returns, which may affect total holiday sales.

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RetailMinded

FEBRUARY 19, 2021

In fact, retail sales jumped over 5% at the start of 2021 and consumers do not seem to be slowing down when it comes to spending. Where they spend, what they buy and more so, how they connect with brands and retailers has taken a shift, though. Okay retailers, let’s talk some truth.

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Retail Focus

FEBRUARY 2, 2024

It is more about providing top-notch customer services to give them a reason to choose your brand over the others and recommend it as well. Exceptional customer service goes beyond driving sales. The annual retail sales in the UK totaled 496 billion pounds in 2022, growing significantly over the last decade.

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Inside Retail

MARCH 20, 2024

China is still the focus On the other hand, he said that China remains attractive but has dropped three spots driven by the overall softer economic outlook of the country. China is the world’s largest retail market, accounting for almost 50 per cent of global retail transactions. China’s e-commerce market, worth $1.9

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Inside Retail

NOVEMBER 18, 2021

China’s online retail sales increased by approximately 12 per cent last year, despite the period of lockdown earlier in the year, and the latest forecasts suggest we will see further advances. It’s not just about spending the money and taking a “let’s try and see how it goes” approach, which may work in other markets.

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Inside Retail

NOVEMBER 6, 2023

Combined with product flops, such as the overhyped but underperforming launch of the (currently discontinued) Glossier Play line, the brand went from social media darling to social outcast. Glossier has since revealed that the brand is on track to make $100 million in sales in its first year at Sephora. (It

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Inside Retail

FEBRUARY 17, 2023

The venture started out as a food blog and social media page “for families like ours who had health issues and food intolerances”. The Kehoes’ company has developed a core range of 30 SKUs packaged for retail sale under its own brand along with larger volumes for the food service sector and ‘white-label’ products for other brands.

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Inside Retail

AUGUST 14, 2022

On 12 July, a rumour circulated on social media that the chairperson of Vingroup, which includes Vincom Retail, Vietnam’s largest mall operator, had been barred from leaving the country. Later, the government refuted the report and a Hanoi resident alleged to have been behind the fake news was marched out for the media.

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Inside Retail

DECEMBER 10, 2024

In its annual report, advisory firm Coresight Research identified six trends, including the advanced integration of generative artificial intelligence (GenAI) and the growing impact of GLP-1 drugs, that will impact the US retail industry in the year ahead.

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Inside Retail

FEBRUARY 9, 2022

A retail business is far more than a store front, a website, and a social media post or marketing email – although often these elements are all the end customer perceives. Despite most shops being closed, retail sales rose 11 per cent during lockdown, largely because people didn’t have much else to spend money on.

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Inside Retail

SEPTEMBER 19, 2022

It would certainly be a great way to diversify the company’s income and reduce its dependence on advertising – and on the data that drives advertising in a world where the pipelines of data gold are slowly shutting down (see: quarrel with Apple, amongst others). Asian model hasn’t soared in the West.

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Hunton Andrews Kurth

OCTOBER 5, 2021

Multi-level marketing has touched us all – whether it be purchasing beauty products, essential oils, or health supplements from a friend through social media, or receiving an invitation to join a team of seemingly successful people working their “side hustle.”

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Retail Bound

FEBRUARY 8, 2022

From funding to product development, delivery, support, shelf-space growth, and channel diversification, the goal at Retailbound is to be a one-stop-shop for companies who are serious about making the retail journey. I heard about Retailbound through social media. Retail has been, and remains, a passion for me.

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Compliantia

JUNE 28, 2021

Things like social media followers, website traffic, or top-line revenue (in some cases) are examples of vanity metrics. These numbers look attractive in isolation, but they’re essentially meaningless without context or when you don’t combine them with other measures. In fact, even as total retail sales saw a 10.6%

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Retail Bound

NOVEMBER 1, 2021

When customers see your packaging, they should not confuse it with other brands. Product packaging needs to conform to the retailers’ shelving or display restrictions. One in three consumers use social media to discover new products and brands, and 90% of people buy from brands they follow on social media.).

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Retail Times

APRIL 4, 2021

For instance, if you’re selling something that can be found in other stores, highlight the things that only you can offer. Just so you know my name is Jane and if you need anything, I’m more than happy to help” or “I understand, and just a heads up everything on the shelf over this is on sale.”. Let your customers know. The showroomer.

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Retail Bound

SEPTEMBER 10, 2024

Sales Figures One of the most obvious and tangible ways to measure the success of a product launch is through sales figures. This includes tracking the number of units sold, revenue generated, and any other relevant metrics. However, keep in mind that sales figures alone may not tell the whole story.

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RetailMinded

OCTOBER 24, 2023

Social Media & Influencer Collaborations: Social media has burgeoned into a formidable platform for brands to connect with consumers in a more informal, relatable, and engaging manner. Omnichannel Presence: The contemporary consumer navigates through a multitude of platforms in their purchasing journey.

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Parcel Pending

APRIL 21, 2021

Omnichannel retail is about creating consistent experiences across apps, websites, social media , ads, and in- store visits to increase customer engagement. Since it only takes less than 30 seconds on average to retrieve a package via BOPIL, customers rate their shopping experience higher than with other channels.

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Compliantia

FEBRUARY 16, 2021

It’s important to remember in-store shopping today is heavily influenced by other retail channels, including ecommerce, mobile, and social media. Inconsistent experiences across channels. As such, consumers are highly sensitive to inconsistencies between different channels.

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Compliantia

FEBRUARY 16, 2021

It’s important to remember in-store shopping today is heavily influenced by other retail channels, including ecommerce, mobile, and social media. Inconsistent experiences across channels. As such, consumers are highly sensitive to inconsistencies between different channels.

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Parcel Pending

SEPTEMBER 30, 2021

Detailed below are the top six shifts and the concurrent implications for any rental property manager interested in learning more on how to improve their rental property along with other valuable property management tips. Options include pet adoption days, look like your pet contests, best pet photo via social media, etc.

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Parcel Pending

MAY 18, 2021

In fact, eMarketer predicts that online retail sales will grow 17.9% And by 2024, eMarketer predicts ecommerce’s share of total retail sales will exceed 20% 1. A whopping 96% have a smartphone and they spend more time on their phones than any other age group 2.These Online shopping is booming like never before.

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Greater Group

DECEMBER 24, 2019

This is a prime example of successful implementation of experiential retail. In an experience like no other, customers, or ‘civilians’, who visited the Avengers S.T.A.T.I.O.N. Story initially started as a unique retail store who operated on the idea of renewing its stock according to different themes every few months.

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Inside Retail

JUNE 20, 2024

How previous election seasons have affected the retail market When looking at all the elections from 1940 to today, retail sales have shown 0.8 This means it will be a bit more subdued for retail. As the election approaches, political parties pump huge amounts of money into social media advertising.

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