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Australia’s retail sales growth can’t last. Here’s how to prepare for it

Inside Retail

The latest retail sales figures are really quite incredible. According to the Bureau of Statistics (ABS), retail sales rose by 0.6 My tip is that retail sales figures in the next couple of months will start to reflect this. per cent from August to September, the same figure as the month prior.

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Five expert tips for a successful peak season strategy

Inside Retail

Nine in 10 of the best-selling days for e-commerce retailers come in the same quarter. And one-third of all retail sales happen during the holiday season. Testing When gearing up for peak, ensure rigorous testing of your content and promotional plans on both test environments and in production well in advance.

Strategy 242
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How poor planning is costing retailers sales – and profits

Inside Retail

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.”

Planning 147
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A new twist on privacy: planning for a post-cookie world

Inside Retail

As the data-decision driven world continues to evolve, the marketing space is seeing marketers, category and brand professionals alike held more accountable than ever for success and delivering results – not just with vanity metrics like clicks and engagement, but perpetually trying to understand how these convert into sales.

Planning 263
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Inside Designworks’ four-pronged expansion strategy

Inside Retail

According to Norton, Designwoks plans to expand in four key areas. per cent, year-on-year retail sales growth in August 2022. The post Inside Designworks’ four-pronged expansion strategy appeared first on Inside Retail. This is supported by recent studies showing 19.2

Expansion 246
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Beyond the beach: Richard Facioni outlines plans for Surfstitch

Inside Retail

Data shows the rapid increase in online shopping that defined the first year of the global pandemic has started to fade, as the novelty of lockdowns wears off and government stimuluses run out, and online retailers that once enjoyed record highs are now working harder to drive sales.

Planning 246
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How retailers can thrive amid inflation: Strategies for the holiday season

Inside Retail

Analysts suggest that while a cut seems probable in the first quarter of next year (hopefully before Easter anyway), it’s uncertain how quickly any rate reduction will trickle down to impact retail sales. Online shopping continues to grow, with Australians increasingly planning their purchases earlier than their in-store counterparts.

Strategy 130