Introducing the post-Covid connected consumer

Inside Retail

New technologies have sprung up to connect consumers at a time of increasing distance. Substack, Patreon, Discord, and Clubhouse have enabled consumers to become one-click content creators, and mind-sharers whilst connecting people globally. Consumers want authenticity.

Mindful consumption: The next consumer trend you should know

Inside Retail

It’s easy to connect mindful consumption to buying less and that could be the case for consumers who have spent lockdown decluttering. The past two years have been the catalyst for change in many people’s lives and consumers want brands to be mindful of this.

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Understanding the consumer of 2021

Inside Retail

Lockdowns with little advance notice, panic buying, supply chain disruptions, hastily made changes to health and safety regulations, and extreme swings in consumer needs and expectations. How did they fare and how have consumers changed due to their pandemic experience?

Analysis: The rise of the purposeful consumer

Inside Retail

Covid-19 hit the reset button on consumer behaviour. But it is not just the initial seismic shifts in consumer behaviour that have thrown down the gauntlet for retail. This leaves the obvious question: how exactly has Covid-19 altered consumers?

Alibaba: How brands can attract China’s digital-savvy consumers

Inside Retail

We have over a billion active consumers on our platform and around 800 million of those are in China. Lloyd said with those figures, global businesses should look for ways to attract the Chinese consumer. So this is why gamification is very, very important for Chinese consumers.”.

Decathlon fined $1.5 million for breaking consumer law

Inside Retail

million for selling products that failed to meet Australia’s mandatory safety standards – an act in breach of consumer law. Decathlon Australia’s CEO Olivier Robinet welcomed the decision, and said they respect the work the ACCC does to keep consumers safe.

Opinion: Do consumers really shop in the name of love?

Inside Retail

The hope is that getting consumers to love your brand will make them more loyal, purchase more frequently, and so on. Or, is it a loved brand because of how successfully it has embedded itself into consumers’ lives? The post Opinion: Do consumers really shop in the name of love?

Analysis: Consumers and the new reality

Inside Retail

In KPMG’s Responding to consumer trends in the new reality report, our research details findings from 75,000 consumer survey responses taken over four months, from May to September 2020, across 12 countries. Covid-19 has had a polarising effect on consumers’ finances.

Purebaby navigates shifting consumer behaviours

Inside Retail

According to the CommBank Consumer Insights Report May 2021, the experiences during the pandemic last year greatly impacted how consumers think, act and shop. consumer-insights. The report refers to data sourced from an online survey of 5656 consumers.

The direct-to-consumer shift: Here’s how brands can capitalise on the boom

Inside Retail

We are witnessing rapid growth in direct-to-consumer (D2C) sales by brands. In addition, we are seeing the global emergence of disruptive challenger brands with business models based on a direct-to-consumer proposition. Direct connections to end-consumers.

Consumer spending falls

Talking Retail

Consumer spending fell 7.2% This story continues at Consumer spending falls. Industry News barclaycard consumer confidence consumer research convenience storesin March compared to the same period in 2019, as lockdown continued, new research reveals.

Consumer demand drives automation solutions in Australian supply chains

Inside Retail

Australian consumers have the world at their fingertips and can order from all across the globe, not only from the large international e-commerce companies but also from specialist retailers – be it fashion, electronics or sporting goods.

Consumer spending grows

Talking Retail

Consumer spending grew 0.4% This story continues at Consumer spending grows. Industry News barclaycard consumer confidence convenience storesin April compared to the same period in 2019 – the first growth recorded this year, new research reveals.

UK consumer confidence remains stable

Talking Retail

Consumer confidence remained steady at -9 in June, new research reveals. GfK’s long-running Consumer Confidence Index shows four measures of confidence rose in June in comparison to the figures for May and one measure was down.

How Covid-19 is reshaping the consumer

Inside Retail

The post How Covid-19 is reshaping the consumer appeared first on Inside Retail. As we closed out 2020, all data sources pointed towards households reverting to pre-Covid behaviours and a return to a more consistent and predictable purchasing rhythm.

The things money can’t buy: Welcome to the post-Covid luxury consumer

Inside Retail

Traditionally, the luxury consumer is an experienced global traveller and an aficionado of experiences. Before the pandemic, 20 to 30 per cent of revenues were generated by consumers making luxury purchases outside their home countries.

Retail sector can expect a consumer rebound through November – NAB

Inside Retail

He said NAB data suggests consumers have begun to turn a corner, with weekly consumer spending updates showing an uptick over recent weeks. “It The post Retail sector can expect a consumer rebound through November – NAB appeared first on Inside Retail.

BNPL: It’s been a hit for consumers and now businesses get their turn

Inside Retail

Buy now pay later (BNPL) services have quickly become commonplace for consumers. Offering people the ability to spread out their payments for goods and services across regular intervals enables consumers to better manage their own cash flow.

Proudly made in China: How Chinese consumers are reclaiming domestic brands

Inside Retail

As the quality of living and workers’ wages reached new heights, Western brands spotted a golden opportunity and raced to set up shop in the East to reach China’s 1 billion consumers (and counting).

Consumer confidence rises to highest level in five years

Talking Retail

Results for April from its shopper confidence index show shoppers increasingly focused on quality and ‘trading-up’, This story continues at Consumer confidence rises to highest level in five years. Industry News consumer confidence igd IGD ShopperVista

Consumer trust and food safety – more connected than ever

Inside Retail

Much of the food industry rests on trust – a sense of safety and security that has to be present if a consumer is to dare take a bite of any manufacturer’s product. They don’t want to be the contact that passes the consumer dud food, right?

Consumers focusing on quality, research reveals

Talking Retail

Consumer focus on quality is at its highest level recorded, driven by higher earners who have the disposable income to “trade up”, new research reveals. This story continues at Consumers focusing on quality, research reveals.

Here are the 6 ways consumers look at sharing data

Inside Retail

Consumer data is undoubtedly a critical resource for retailers. The data retailers collect can also have value to consumers. If retailers use it well, consumers can benefit from better personalisation in product offers, promotions, and communications. The 6 consumer segments.

Under Armour Names First Chief Consumer Officer

VMS

has appointed Massimo Baratto as Executive VP, Chief Consumer Officer, according to a press release. In the newly created role, Baratto will oversee the brand’s consumer strategy with responsibility for global marketing, e-commerce and retail. Under Armour (Baltimore, Md.)

UK consumers still prefer to shop in-store, poll reveals

Talking Retail

The majority of UK consumers still prefer to shop in-store following months of only being able to shop online, new research reveals. This story continues at UK consumers still prefer to shop in-store, poll reveals.

Australian consumers are less ethical than they want to be

Inside Retail

Australian consumers are, on the whole, less ethical than they make themselves out to be, according to the latest Baptist World Aid ethical consumer report. The post Australian consumers are less ethical than they want to be appeared first on Inside Retail.

Consumer Confidence Hits 10-Year Low

VMS

Consumer sentiment hit a 10-year low in November as inflation climbed to its highest level since the 1990s, CNBC reports. The article cites the University of Michigan Consumer Sentiment Index , which plunged to 66.8

Aussie consumers open up about post-lockdown plans

Inside Retail

The post Aussie consumers open up about post-lockdown plans appeared first on Inside Retail.

Retailers Temper Consumer Enthusiasm for Holiday Shopping

VMS

With a record holiday season looming ahead, retailers are altering their messaging to set consumer expectations regarding “supply chain challenges,” “longer delivery times” and “lower inventories,” reports Reuters. consumers are expected to spend up to $1.3

Retail recovery relies on consumers dipping into savings: Deloitte

Inside Retail

Australian consumers are poised to lead the country’s economic recovery through shopping, though retailers will need to compete for their dollars as more opportunities for spending open up.

Getting to the core of what consumers want, need and expect

Inside Retail

Thanks to its digital-first mentality and awareness of consumer trends, clients of Tryzens grow at over two-times the industry average. By now, consumers are well accustomed to targeted digital experiences.

Consumer confidence edges up in April

Talking Retail

Consumer confidence increased one point to -15 in April, new research reveals. GfK’s long-running Consumer Confidence Index shows two measures of confidence were up on the previous figures (19 March), while two measures were down, and one was flat.

Opinion: Consumers’ screen times gives shopping centres a headache

Inside Retail

The report confirms that, while disruptions and delays in courier deliveries are taking a little of the shine off internet purchases, consumer confidence and enthusiasm for buying online has grown spectacularly as Covid-19 has kept stores closed.

Sweaty palms and bargain bins: Why consumers are flocking to dollar stores

Inside Retail

Discount stores are booming in post-Covid Europe as price-sensitive consumers seek out bargains amid inflation and the devastating impacts of the pandemic. All consumers love a good bargain. Often consumers can be influenced by the “haphazard design” of the dollar store.

Meeting ever-changing consumer needs isn’t going unnoticed

Inside Retail

As consumer businesses grapple with the latest enforced shutdowns, an all too familiar feeling is setting in. However, it’s worth remembering that during and after the first series of lockdowns in 2020, consumers came out strongly in support of businesses. consumer-insights.

Low Consumer Confidence in Supply Chains Prompts Early Holiday Shopping, Research from Bright Data Reveals

Retail Focus

Bright Data , the global industry leader in making public web data accessible to all, has today released new research that reveals consumer sentiments around the 2021 holiday shopping season, including Black Friday and Cyber Monday.

Woolworths’ Countdown stores failing Kiwi consumers, says local watchdog

Inside Retail

New Zealand has an effective grocery retailing duopoly that is not serving consumers well, according to a preliminary report from competition regulator the Commerce Commission. Consumer NZ welcomed the preliminary findings and called for legislation to curb the chains’ dominance.

Etsy to buy fashion reseller Depop in push for younger consumers

Inside Retail

More young consumers are moving toward second-hand fashion options, conscious of the environment and carbon footprint of the clothing industry. The post Etsy to buy fashion reseller Depop in push for younger consumers appeared first on Inside Retail.

Digital transformation bags strong results for Hitachi Capital Consumer Finance

Retail Times

Hitachi Capital Consumer Finance (HCCF), one of the UK’s leading retail point of sale provider today announces impressive profits of £60.2m The results and continued investments during the period leave the business well positioned to grow in 2021/22 as lockdown measures ease and consumer confidence returns. Retail News Retailer News Hitachi Capital Consumer Finance

Cofresh responds to consumer demand with Thin Sev launch

Talking Retail

This story continues at Cofresh responds to consumer demand with Thin Sev launch. Asian snacking brand Cofresh has launched Thin Sev packs, in response to shoppers asking for a thin version of sevian noodles found in its Bombay Mix packs.

Meet the new online outlet mall targeting Gen Z and millennial consumers

Inside Retail

We want to be the first port of call for brand-conscious and value-conscious Gen Z and millennial consumers,” said Justin Seskin, one of TheDOM.com’s co-founders, along with Thrills director Howard Blend and It Works managing director Paul Downs. .

How Ralph Lauren aims to reach the next generation of consumers

Inside Retail

Eschewing trends, the company has grown by expanding into complementary categories, such as homewares and kids’ clothing, and diversifying its business model across wholesale, direct-to-consumer and licensing.

From purpose to profit: Why consumers care about values-driven brands

Inside Retail

Eight out of ten consumers do care if a brand supports sustainability and/or other social causes impacting our community. There is evidence this consumer is making considered buying decisions that make a positive difference to her world.