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Mobile Search and Restaurants
As reported by eMarketer: “Mobile users seeking restaurant information seem to belong overwhelmingly to one group: hungry people looking for good food, right now. Many commerce-related searches conducted on mobile devices are not so urgent — such as those made to check prices and comparison-shop. But for restaurant info, actionability is key on mobile. June 2012 research from call tracking solutions provider Telmetrics and mobile-local ad network xAd found that looking up location was the No. 1 mobile restaurant search activity among smartphone and tablet users in the U.S., followed closely by looking up directions to that location.”
Click the chart to learn more.
Posted in Online Retailing, Part 3: Targeting Customers and Gathering Information, Part 4: Store Location Planning, Social Media and Retailing, Technology in Retailing
Tagged eMarketer, experiential retailing, location, online shopping, opportunity, retaurant, social media, technology, trends
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India Warms to Foreign Retailers
Although India has the second-largest population in the world with more than 1.2 billion people, until recently foreign retailers were allowed to operate there on a very limited basis. Now, this is beginning to change as India loosens its regulations geared toward foreign retailers.
As the marketplace in India changes, the acceptance of foreign retailers by Indian shoppers seems to be generational. As Vikas Bajaj reports for the New York Times: “Those younger than 25, a group that includes about half the country’s 1.2 billion people, appear quite open and eager to try foreign brands and shopping experiences, researchers say. They already while away their afternoons at Western-style malls like the year-old P&M mall here where they try on T-shirts by Benetton, eat pizza from Domino’s, and watch movies in a Mexican-owned theater chain, Cinepolis. But many older Indians who came of age in an earlier era of socialist policies say they are not entirely comfortable with the idea of big-box stores and sprawling malls. They worry that foreign companies will siphon profits and business from Indian competitors, forcing millions of family-owned shops to close.”
Click the photo (which shows shoppers of fashionable clothes at a store in the P&M mall) to read more of Bajaj’s story.
Photo by Prashanth Vishwanathan for the New York Times
Posted in Global Retailing, Part 1: Overview/Planning, Part 2: Ownership, Strategy Mix, Online, Nontraditional, Part 3: Targeting Customers and Gathering Information, Part 4: Store Location Planning, Part 6: Merchandise Management and Pricing, Part 7: Communicating with the Customer
Tagged customer expectations, foreign retailers, global retailing, India, location, mall, opportunity, segmentation, shopping, shopping center, trends
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