Better Adapting to Consumers

Posted on February 4, 2014 by bermanevansretail
Retailers these days have a lot to do adapt to the rapidly changing global consumer marketplace.
As noted by Kaitlin Friedmann on Visual.ly: “Shoppers have more options and control over how they purchase and receive merchandise than ever before. Here are 10 ways from GS1 US that retailers can use align their operations and supply chain practices for omni-channel success.”
Take a look at the infographic.
 

Visually.

 

Posted in Part 2: Ownership, Strategy Mix, Online, Nontraditional, Part 3: Targeting Customers and Gathering Information, Part 6: Merchandise Management and Pricing, Part 7: Communicating with the Customer, Social Media and Retailing | Tagged , , , , , , , , , , , , | 1 Comment

Global E-Commerce Still on the Rise — And Becoming Less North America-Centric

Posted on February 3, 2014 by bermanevansretail
As we have reported before (click here, for example), online retailing has become a leading distribution channel worldwide; and we are now seeing a dramatic shift in the volume of online shopping regionally. From $1.06 trillion in 2012, global B2C sales are expected to reach $2.35 trillion in 2017. 
Consider these observations from eMarketer:
“Worldwide business-to-consumer E-commerce sales will increase by 20.1% this year to reach $1.500 trillion. Growth will come primarily from the rapidly expanding online and mobile user bases in emerging markets, increases in M-commerce sales, advancing shipping and payment options, and the push into new international markets by major brands.”
“In 2014, for the first time, consumers in Asia-Pacific will spend more on E-commerce purchases than those in North America, making it the largest regional E-commerce market in the world. This year alone, B2C E-commerce sales are expected to reach $525.2 billion in the region, compared with $482.6 billion in North America.”
Click the eMarketer chart to learn more.

 

 

Posted in Global Retailing, Online Retailing, Part 1: Overview/Planning, Part 2: Ownership, Strategy Mix, Online, Nontraditional, Part 3: Targeting Customers and Gathering Information, Part 5: Managing a Retail Business, Part 7: Communicating with the Customer | Tagged , , , , , , , , | 3 Comments

A Clever Video on 10 Trends for 2014

Posted on February 2, 2014 by bermanevansretail
JWT Intelligence has released a 2-minute video on key trends for 2014. Check it out below. And click here for an executive summary in a slideshow format.

 

 

Posted in Part 1: Overview/Planning, Part 2: Ownership, Strategy Mix, Online, Nontraditional, Part 3: Targeting Customers and Gathering Information, Part 7: Communicating with the Customer, Part 8: Putting It All Together, Social Media and Retailing, Video Clips (non-career) | Tagged , , , , , , | 1 Comment