The Holiday Shopping Season Starts Earlier Every Year

Black Friday still gets a lot of attention as a busy shopping day — and rightfully, so. However, the holiday shopping season now starts well before Thanksgiving. Few retailers wait until then to offer promotions.
According to research by shop.org, part of the National Retail Federation: “Online retailers have good cause to start earlier: NRF’s recently-released holiday consumer spending survey found more than half (51.8%) of shoppers will shop online in the coming weeks – the highest amount in the survey’s 10-year history – and 22.1 percent specifically stated they would begin shopping in October, up from 20.3 percent last year.”
Click the image to learn more.

 

Posted in Online Retailing, Part 3: Targeting Customers and Gathering Information, Part 6: Merchandise Management and Pricing, Part 7: Communicating with the Customer | Tagged , , , , , , , , , , , , , | 1 Comment

Online Shopping in Latin America

Recently, comScore conducted research on the online shopping behavior of Latin American consumers. It found that most consumers started their online shopping trip by going directly to the retailer’s Web site.
Click on the eMarketer chart to learn more.


 

Posted in Global Retailing, Online Retailing, 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 , , , , , , , | 1 Comment

Coca-Cola Launches Dancing Vending Machine in South Korea

Coca-Cola recently introduced a fun, interactive vending machine in South Korea that displays dancing viedos and pop music.
Check out this YouTube video — which has attracted 1.2 million views in its first month.
This is a great promotion tool that will stimulate sales at retail stores as well as at vending machines.

 

Posted in Global Retailing, Part 3: Targeting Customers and Gathering Information, Part 6: Merchandise Management and Pricing, Part 7: Communicating with the Customer, Technology in Retailing, Video Clips (non-career) | Tagged , , , , , , , , , | 1 Comment