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Consumers Just Keep Spending Online: Here’s How to Keep it Going this Holiday Season and into 2024

Retail TouchPoints

However, consumers are still spending, the labor market remains tight, and the Adobe Digital Price Index recently posted an overall 40-month low, an encouraging sign for online shoppers: Adobe reported that online prices fell for 11 out of 18 tracked product categories on an annual basis. But there are possible headwinds on the horizon.

Consumer 324
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Invisible Experiences: A Playbook/Toolkit To Help You “Put A Dog On The Moon”

Forrester eCommerce

Forrester believes that future consumer digital experiences will be simultaneously more invisible and immersive. Consumers will seek experiences with less friction when they are task-oriented or need peace of mind. Forrester refers to the ultimate in convenient experiences as invisible experiences […]

Reference 264
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How Daniel’s Jewelers Designs Stores and Shopper Experiences for Hispanic Consumers

Retail TouchPoints

However, that “same mentality” Sherwood refers to has helped Daniel’s Jewelers develop a distinct value proposition that centers around three core values: dignified credit , creating an experience for multigenerational families and providing a welcome in-store experience for all family members. “The

Jewelry 263
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COVID-19 Europe Outlook: Brands Must Adapt To Consumers’ New Focus On Values

Forrester eCommerce

The etymology of the term crisis refers in Latin to a “turning point in a disease, that change which indicates recovery or death”, but comes in fact from the ancient Greek krinein “to judge” By analogy, the massive economic crisis that will follow Covid-19 will dramatically accelerate existing gaps in how companies have adapted (..)

Consumer 352
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Trade Promotion vs Consumer Promotion: A Comparative Analysis

Wiser

Understanding the difference between trade promotion and consumer promotion is crucial for any business seeking to maximize its market impact and sales potential. Consumer promotions, on the other hand, primarily target the end-user of a product or service—the customers. What is Consumer Promotion? What is Trade Promotion?

Consumer 146
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The Consumer Panel is Dead: How AI is Leading the Future of CPG

Retail TouchPoints

As the rise of ecommerce continues to accelerate, consumer behavior is changing at lightning speed. But without access to in-person consumer panels throughout the pandemic, many CPG brands struggled to keep a pulse on their customers’ preferences and demands around product taste, packaging, price and more.

Consumer 297
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As Consumer Demand for Inclusion Rises, Retailers Must Tackle Legacy Issues and Attitudes

Retail TouchPoints

Brands and retailers are feeling mounting pressure — from consumers, shareholders and even their boards — to be more inclusive. But it’s still true that only a small fraction of the fashion retail market has put tactical plans into place to support this significant consumer base. But it’s not just about listening; it’s about action.

Consumer 290