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It’s almost time for the InternetRetailer Conference & Exhibition , AKA IRCE — the massive ecommerce conference with the largest expo hall in the industry. Don Davis, Editor at Large, InternetRetailer. Fareeha Ali, Director, Research Strategy, InternetRetailer. Wednesday: June 06. 97% of U.S.
We know that retail leaders are facing a new reality — one in which they need physical, digital and omnichannel expertise to keep pace with the heightened expectations of increasingly connected consumers. design:retail Conference & Expo : Unleash your creativity and rediscover your love for design and visual merchandising!
In fact, the events pulled together under the RICE umbrella will be familiar to many — InternetRetailer Conference & Expo (IRCE) , the Design:Retail Conference & Expo (DRCE) and the Retail Innovation Summit (RIS) — providing something for every type of retail executive as they strive to navigate the next era of connected commerce.
IRCE – the InternetRetailer Conference & Exhibition – is an annual event held in June in Chicago, Illinois. For consumers, Rent the Runway is a luxury clothing rental company that allows regular folks to rent and wear expensive goods they’d otherwise never have access to. What Is IRCE? What to Know Before You Go.
What this means is that consumers aren’t following the pathways on which our research and marketing models have been based for decades. The right consumer insights gleaned from the right individuals is critical in advising brands on exactly where they can most effectively intersect with their audiences during the purchase journey.
With 90% of today’s shoppers preferring a personalized approach , creating a welcome series that caters to individual needs or reacts to consumer behavior has become the new standard in online retail. You may be aware that SMS has emerged as a popular communication channel for marketers and consumers alike.
Otherwise you may find consumers flocking to your competitors to grab those early deals. Optimizing messages and allowing your marketing channels to work together can mean the difference between capturing a larger or smaller share of consumers’ wallets this holiday season. Don’t delay.
Manufacturers with direct-to-consumer operations need to consider storage and picking for efficient fulfilment of growing order volumes, says Edward Hutchison, Managing Director of BITO Storage Systems.
UK consumers are willing to compromise on online purchases and delivery demands, but only if it creates a more sustainable environment, according to new data.
As we’ve already mentioned, collecting data such as gender, age, and location can give you a partial picture of your customers, but it’s not enough to offer the kind of personalized content consumers today expect. This is the kind of thoughtful personalization that consumers will appreciate. Their overall purchase history.
Uberall, the provider of ‘Near Me’ customer experience marketing solutions, has announced the findings of its survey of over 1,000 UK consumers and their current shopping behaviour.
Conducting keyword research will tell you what consumers are searching for all over the world. This tactic can help you gain immediate feedback from your target consumer or gauge demand for your product before manufacturing or buying inventory. Not many products or services are without competition, and the consumer has many choices.
Pandemic difficulties aside, today’s retail environment is challenging. Whilst the shift to buying online has been an easy one for consumers, it has presented new and existing challenges for retailers, especially those with an omni-channel presence. By Dr Sam Short, Chief Data Scientist at Upside Saving.
When retailers invest correctly, logistics presents the opportunity for not only hard cost savings but long-term value creation as organizations find innovative ways to deliver products into the hands of consumers. That was, until 2020, when the retail landscape shifted, yet again.
As technology becomes an ever more prevalent part of our everyday lives, there are signs that consumers are becoming increasingly accepting of its role in their shopping experience – such as through the presence of automated self-service computer screens in-store or chatbots through the online channel.
According to MarketingLand , more and more consumers are switching to online shopping during the holidays to avoid the mad dash of foot traffic. After 2005, the day itself took on special significance to coincide with the rise of Internetretail. As the Monday following Thanksgiving, this retail holiday can go late.
New research has revealed millions of consumers are spending more money than usual on their homes as a result of lockdown, with 75 per cent of Brits planning further improvements over the next year.
Online shopping is booming. But with online shopping comes the cost – and the hassle – of online returns, and this occurs quite frequently when it comes to clothing.
Direct-to-consumer strategies have transformed retail, both in the way consumers shop and how brands and retailers manufacture, market, and sell. As with any successful retail strategy, there are pros, cons, and considerations before fully embracing—or rejecting—D2C. What Does Direct to Consumer Mean?
The entire article highlights findings from the DynamicAction Retail Index: 2017 Year-in-Review and 2018 Outlook , an analysis of over £5.1 billion in online consumer transactions. For European retailers, orders using a promotion increased 2%, while orders using a markdown were down on an average by 27%.
Online news site InternetRetailer utilized the DynamicAction Retail Index’s early pre-Thanksgiving insight for their article Every day is a billion‑dollar online sales day in the run‑up to Thanksgiving. DynamicAction’s Retail Index finds that consumers used a promotional code on 66.4% Ready for details?
Fickle fashion is killing off sustainable clothing as eight in 10 (83%) consumers admit to buying items they never wear, according to data from the Fashion Retail Academy.
Uberall, the provider of ‘Near Me’ Brand Experience marketing solutions, has announced the findings of its survey analysing the shopping habits of over 1,000 UK consumers.
In an effort to combat the estimated 70% of shopping carts that are abandoned, many retailers now send automated cart abandonment emails — and with good reason. In 2020, one of every three consumers who clicked on a cart abandonment email wound up completing their purchase. Discounting Strategy: One Size Does Not Fit All.
In 2018, Nike opened four flagship stores across the globe – reshaping their stores around the consumer. “All the best retailers are moving toward experiential environments” said Heidi O’Neil, President of Nike Direct in an Archinect article. Source: Nike, Inc. The brand’s app. Source: Nike, Inc.
While bots are often cited as a reason for poor customer service, new research from Genesys finds many UK consumers do not rank them high on their list of frustrations.
Periscope By McKinsey, which offers a suite of Marketing & Sales Analytics Solutions to help companies achieve sustainable revenue growth, has announced the findings of research on consumer sentiment towards Black Friday 2018.
Salesforce has introduced Consumer Goods Cloud, a new industry product that enables consumer goods companies to drive revenue growth and maximise ROI through improved retail execution capabilities.
Online only retailers are snapping up failed high street brands – and shutting the door on physical retail. But while customers have moved online, there are still opportunities for traditional retailers – with the right approach and expertise.
Here are the top 19 ecommerce growth strategies recommended by InternetRetailer 1000 brands and the experts that advise them, in order of priority. Customer experience historically has involved WOW’ing the consumer. Using data points like the above, site pages will be altered to best serve and convert the individual consumer.
A hot topic in today’s retail environment, it has proven to be demonstratively effective, with 90% of customers stating that individualized experiences have an impact on their buying decision and 80% of retailers reporting that personalization has increased their revenue.
Charles Maudsley, head of retail, leisure and residential for British Land, says, “Consumers choose brands that align to their lifestyle and values: a physical store enables a retailer to demonstrate its brand in action and drive interest online. Consumers and Analysts Point to a Booming Holiday Season for Online.
For many brands operating today, warehousing and distribution has never been more closely tied to a brand or retailer’s commercial performance. As part of the holistic value chain and the service offering for the consumer, logistics can no longer sit in isolation.
Interestingly, the success of both in-store and online sales this close to Christmas Day negated predictions from firms such as Slice Intelligence that online sales would decrease late in the season in favor of in-store shopping, as reported in InternetRetailer. Ultimately, however, retailers need to focus on both.
The last three months have seen a dramatic drop in purchases from Italian fashion retailers online, but the country’s fashion brands seem to be over the worst. That’s according to new data from ccinsight.org, the daily Covid-19 Commerce tracker from data technology firm Emarsys.
If your direct competitor offers a more flexible return policy, it’s worth considering how it can influence consumers when deciding whether to purchase from your store or theirs. It’s essential to consider what your competitors are doing when crafting your return policy. This post is a contribution by Jimmy Rodriguez.
However, certain types of internetretailers will see greater value from a loyalty program. These retailers have the following characteristics: 1. Online retailers who receive a steady stream of at least ten or more orders a month will see greater benefit from a reward program. Who Needs a Customer Loyalty Program?
A new ‘conscious consumer’, more aware of the environmental impact of their purchases, has emerged from the coronavirus lockdown, a new research report by PFS and LiveArea, has found.
IRCE is InternetRetailer ‘s annual conference for ecommerce businesses, and it kicks off next week at McCormick Place in Chicago, IL. This year’s stellar lineup covers myriad topics related to retail and ecommerce to inspire your success. The Future of Retail in a Post-Digital World. Post Show ( Friday, June 28).
Discover why brands like SONY and PEPSICO use open SaaS to tackle: Direct-to-Consumer & B2C Implementations. Monolithic technology stacks were expensive and time consuming to maintain. Leading Global Brands Choose Open SaaS. Get more flexibility and customization from your ecommerce platform. Bring B2B Complexity Online.
Some specifics from Deloitte’s 32nd annual survey of consumers’ spending plans and a survey from The NPD Group include the following: Shoppers will generate more than $110 billion in online sales between November and January. More than half, or 51%, of consumers expect to spend their holiday budget online.
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