Pandemic drives over half of consumers to shop more locally; bank data key in enabling SMEs to compete with big businesses

Retail Technology Review

Over half of consumers globally (53%) believe it is more important to shop with local businesses now than it was before the pandemic. That’s according to new research released by Pollinate, the global software business that partners with banks to help them deepen and extend relationships with their business customers, in which over 4,500 consumers were surveyed across the UK, US, Australia, and Brazil.

Luxury retail: Why a customer should love your packaging first, and then your product

Retail Technology Review

More and more, brands are beginning to see the value of their packaging in influencing consumers’ purchasing decisions. But much less often do they understand the true potential of their outer and additional elements in driving brand engagement, increasing loyalty and enhancing the overall customer experience – and it’s by doing the latter, you can really make consumers fall in love with not only your products, but your brand and business too.

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Retail success post-COVID will rely on understanding new customer mindsets, says Conversity

Retail Technology Review

Six months after COVID-19 started making its mark across the world, lockdown restrictions and widespread working from home offices have caused many consumers to rethink their shopping habits. Retail technology company Conversity believes that understanding the intricacies of these new mindsets is vital if brands are to thrive in the post-pandemic world. Retail Supply Chain Critical Issues Internet Retailing

Safety is too important to rely on ‘off the shelf’ products. When sourcing safety solutions, consultation is key

Retail Technology Review

The boom in online retail in recent years has undoubtedly boosted warehouse and logistics operation in the UK while the circumstances of 2020 continue to fuel further growth within the industry as consumers steer clear of the high street; opting instead for online shopping and delivery. By David Thomas, General Manager, ZoneSafe - Proximity Warning & Alert Systems.

5 Key Elements for Building a Successful Data-Driven Product

When selecting data providers, companies must ensure they’re tapping into comprehensive, high-quality streams of fresh information which can be easily integrated into their products in a privacy-compliant manner.

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.

Direct-to-Consumer for B2B Manufacturers: Insights from Ecommerce Experts on How to Launch a DTC Website

BigCommerce

The benefits of direct-to-consumer (DTC) ecommerce are clear: more first-party data on customers, you own the end-to-end relationship and it’s… Direct to Consumer

Defining ‘Direct To Consumer’

Retail TouchPoints

DTC refers to the process of selling directly to the consumer. direct-to-consumer DtC Ashwin Ramasamy PipeCandy DNVBsBy Ashwin Ramasamy, PipeCandy If you’re a follower of retail, you have definitely stumbled upon these terms in your newsfeed — DTC, D2C, DNVB. Andy Dunn, the co-founder of men’s clothing retailer Bonobos, coined the term “DNVB ” which stands for Digitally Native Vertical Brands.

Post-COVID Consumer Priorities: Personal Budgets, Brands’ Social Responsibility

Retail Touch

As the world emerges from the COVID-19 crisis, consumers plan to fundamentally change how they spend money and live their lives. Consumers Are More Concerned, Not Less. Consumers will continue to make deep and permanent changes to their lives.

10 Consumer Trends Shaping the Future of Retail

Retail Touch

Seismic shifts in consumer trends accelerated by the pandemic will have long-lasting implications for the retail industry at large. Future Commerce partnered with Method + Mode to conduct broad consumer research over a period of three months ending in January 2021.

Consumer Behavior: A Definitive Guide

MakeWebBetter

Consumer Behavior, Something For Everyone. The marketing of products depends on consumer behavior & psychology for the sales results. Consumer psychology is a mix of two main constructs, namely, Consumer attitudes and Consumer behavior. […].

5 Ways COVID-19 has Reshaped Consumer Behavior

Retail Touch

With COVID-19 case counts declining and vaccination efforts underway, eager consumers and retailers are both looking hopefully toward a future return to normal. Here are five key takeaways: The 2021 Consumer is Craving Convenience. The 2021 Consumer has a Recessionary Mindset.

Consumer spending falls in February

TalkingRetail

Consumer spending fell 13.8% This story continues at Consumer spending falls in February. Industry News barclaycard consumer research consumer spending convenience stores coronavirus

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.

UK consumer confidence grows

TalkingRetail

UK consumer confidence has increased in the past two weeks, new research reveals. GfK’s long-running Consumer Confidence Index increased six points to -30 for June, with all five measures of confidence up in the month. This story continues at UK consumer confidence grows.

Consumer confidence remains steady

TalkingRetail

Consumer confidence remained stable in December, despite increased Covid-19 restrictions over the Christmas period and uncertainty over Brexit, new research reveals. Industry News christmas consumer confidence convenience stores coronavirus IDG

What Defines A ‘Connected Consumer’ In 2019?

Retail TouchPoints

Last week, Retail TouchPoints broadcast its 2019 Connected Consumer Webcast Series , with retailers and solution providers alike sharing success stories and tips for providing a smooth experience across all channels. As retailers undertake these initiatives, they must keep in mind that the end goal is to build better relationships with consumers and keep the conversation flowing through (and between) various channels. CCS19 connected consumer Editor Q&A

Study: Consumers Warm to Social Commerce, But Payment Mistrust Could Hamper Growth

Retail Touch

The increase in social media usage, combined with a tandem increase in online purchasing, proved to be the push both consumers and brands needed to move into the burgeoning realm of social commerce. Trust Plays a Big Role in Consumers’ Willingness to Shop on Social.

Consumer spending continues to fall

TalkingRetail

Consumer spending declined 1.9% Industry News barclaycard christmas consumer research consumer spending convenience stores coronavirusin November as new restrictions took effect, new research reveals.

Consumer spending declines again

TalkingRetail

Consumer spending declined 0.1% Industry News barclaycard consumer research convenience stores coronavirus online shopping

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.

How to Take Your Brand Direct to Consumer

BigCommerce

Thinking of dipping your toes into the direct to consumer waters? In fact, according to IAB’s popular new study, The Rise of the 21st Century Brand Economy, the future of retail growth comes from direct consumer relationships. If your brand wants to win the direct to consumer game, you can’t just efficiently fill orders, you need to expertly fulfill the modern expectations of customers who place those orders. Why brands are going direct to consumer. Direct to Consume

Consumer spending falls in January

TalkingRetail

Consumer spending declined 16.3% Industry News barclaycard consumer confidence convenience stores coronavirusyear-on-year in January, the sharpest decline since May 2020, new research reveals.

Consumer confidence shows signs of recovery

TalkingRetail

Consumer confidence increased seven points to -16 in March, new figures reveal. GFK’s long-running Consumer Confidence Index shows all five measures of confidence were up on the previous figures (19 February). This story continues at Consumer confidence shows signs of recovery.

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.

Covid-19 changing consumers technology demands

TalkingRetail

More than 20% of consumers, around 13 million adults, would like to have the ability to place orders online for delivery from their local c-store, new research reveals. This story continues at Covid-19 changing consumers technology demands.

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

KPMG Reports State of Consumer Sentiment: A Positive — yet Cautious — Outlook

Retail Touch

slowly emerges from the pandemic’s harshest effects, retailers are looking for early insight into post-COVID-19 consumer behaviors. Fortunately, there are some promising signs, according to a recent report from KPMG based on a poll of 1,000 consumers across the U.S. As the U.S.

Survey: Physical Stores Offer Chance to Restore Consumer Desire for Control

Retail Touch

The effects of the pandemic have left many consumers feeling powerless over their social lives, work lives, and their ability to shop and dine out safely. Consumers cherish the enjoyment that comes with seeing and feeling products in person before making a purchase,” said Miller. “In-person

How the Rise of the Conscious Consumer is Fueling Resale’s Rapid Growth

Retail Touch

Recently, however, something new has begun to drive massive growth in the used goods sector — consumers who are shopping based on their values , in addition to searching for value. It is this facet of the modern economy that consumers have begun to reject.

Consumer confidence improves with vaccine roll-out

TalkingRetail

Shopper confidence has increased slightly to -5, its highest level since February 2020, new research reveals.

Consumers remaining loyal to local c-stores

TalkingRetail

This story continues at Consumers remaining loyal to local c-stores. Industry News barclaycard consumer research consumer spending convenience stores coronavirusSpending on essential items grew slightly by 0.9%, new research reveals.

UK consumer confidence remains unchanged in August

TalkingRetail

Consumer confidence remained unchanged in August, new data finds. GfK’s long-running Consumer Confidence Index remained at -27 for August. Joe Staton, GfK’s client strategy director, said: “Circumspect consumers report they are more confident about their.

Consumer confidence improves marginally in second quarter

TalkingRetail

UK consumers emerged from the second quarter of the year in a cautious but slightly more positive mood, following a record decline in consumer confidence in the first quarter of the year, new research reveals.

Consumer confidence boosted by hopes for economy

TalkingRetail

Consumer confidence increased five points to -23 in February, new research reveals. GfK’s long-running Consumer Confidence Index finds four measures of confidence increased from 22 January and one measure was flat. Industry News consumer confidence convenience stores coronavirus GfK

Consumer spending makes gradual recovery

TalkingRetail

Consumer spending fell 14.5% Industry News barclaycard consumer confidence convenience stores coronavirus high streetyear-on-year in June – the smallest decline since lockdown began – with month-on-month figures showing an uplift as shops re-open, new research reveals.

Consumer confidence falls despite vaccine hope

TalkingRetail

Consumer confidence has continued to fall in January, despite the ongoing roll-out of the covid-19 vaccine programme. GfK’s long-running Consumer Confidence Index shows confidence decreased two points to -28 in January.