Useful advice for #Brands on how to preserve profit margins, based on tricks of the trade practiced by mid sized retailers and #Amazon sellers https://t.co/UX88UjghcI
Additional costs for #Brands to accommodate the new compulsory #recycling fee would average only €0.12 per item.
Very reasonable, especially taking into account margins in the industry are 50% and higher. https://t.co/bdFr6LXIyx
With 48% of shoppers choosing Buy Online, Pick up In Store (BOPIS) to save time, no wonder the share of retailers offering the service grew from 67.6% in 2020 to 82.7% in 2023.
And with 68% of consumers checking product availability at a local store befo…https://t.co/9zcq5NqG2O
Clear correlation between GDP & average hours worked across OCED - the higher the GDP the lower the number of hours worked.
Could it be that higher productivity of workers in the countries with top GDP makes those countries riche…https://t.co/vOkFeNKAhj https://t.co/VEPhHcJIJZ
Tesco's CEO says the inflation already peaked in the UK, which is a good sign for the whole retail landscape.
Also, sales is up by 10% at the large stores (compared with 8% increase overall) - which means shoppers tend to buy the…https://t.co/Bl2HwUsuIE https://t.co/BZfOX518tC
7. This is the number of data sources Consumer Goods companies use to create 360 Customer profile & insights used for personalised marketing campaigns (source: Forrester).
Another crucial piece of the puzzle is #OmniChannel techn…https://t.co/AV0B4ZQhnW https://t.co/BnN4j5ODvN
What appears to be a shrewd move by retailers can spectacularly backfire. Why would you buy an own-label product if a branded one costs more or less the same?
#retail#ecommerce#omnichannel#cpg https://t.co/Os6t21iIYV
Improving #SupplyChain & #Logistics operations is high on the agenda of global #CPG brands.
New technologies, such as #OmniChannel eStoreCheck by eStoreMedia - digital brand intelligence, help make sure shoppers can buy products t…https://t.co/uYqse3FAzR https://t.co/5ryYN1YGvS
#Budget as well as #Luxury brands are flying off the traditional as well as #digital shelves, leaving mid-market #Brands behind. With the growing number of #OnlineFirst customers, building online brand identity through premium #con…https://t.co/Qlu1RcnhPK https://t.co/UxCEiTnJmM
#eCommerce already overtook traditional commerce... at least in the Netherlands, where online stores dominate over brick & mortar shops. https://t.co/dr08tNZ5wu
#CPG heavyweights increased the prices by 10% in Q1 of average in Europe an US, maintaining or only slightly decreasing their marketshare. This means shoppers are more resilient than many #Brands anticipated https://t.co/8w8f14gtwH
Amazon launches European Expansion Accelerator (#EEA), allowing sellers to easily sell across 9 marketplaces in EU & UK.
This looks like a win-win for #sellers & #customers alike - the former can expand the reach of their products…https://t.co/62M8gGPl7B https://t.co/4IVpTFSb7s
US DIY retailer sees 60% higher conversion from Buy Online Pickup In-Store (BOPIS) transactions than home delivery ones #OmniChannel#Retail#eCommerce#BricksAndClicks https://t.co/po5Aw54Lzk
68% of consumers want to check online for product availability at a nearby store. To meet this expectation, #Brands & #Retailers are trimming down the inventory to make daily #Availability & #Pricing tracking more manageable.
#OmniChannel https://t.co/84sajVAYoK
We could all do with some good news about the economy, so the recent increase in retail sales in the UK definitely helps
#retail#brands https://t.co/o7fE1MVT5l
2023 is the year when #Brands get really, really serious about #OmniChannel 🏪. To understand why take a look at the findings of this research (Sep 22 - Feb 23):
🅿️ more than 50% of consumers aged 18-54 ordered online & picked u…https://t.co/jsq4KMu05v https://t.co/2IrLUN5kST
European Commission is pondering making a 'Withdrawal' button compulsory for all online transactions in EU. This might increase the number of returns, but it'd also reduce the carbon footprint resulting from unnecessary shipments #eCommerce#DigitalShelf https://t.co/dkSjZ28BLb
Key eTail™ takeaway from Katharina Huke: despite rising inflation, higher prices and lower consumer confidence, German #eCommerce market is projected to grow by 32% in 2023 https://t.co/KxD1c42xCq