This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
With inflation impacting purchasing power and digital technology reshaping the way consumers shop, it’s never been more essential for brands and retailers to adapt their promotional strategies. Understanding the Impact of Inflation on Consumer Behavior Inflation has significantly shifted how consumers approach spending.
The Fast-Moving Consumer Goods (FMCG) industry is no stranger to challenges. AI image recognition FMCG is a technology that transforms how brandsmanage shelves, track inventory, and understand their consumer behavior. Poorly managed shelves lead to lost sales, frustrated customers, and damaged brand reputations.
Under IMG’s leadership since 2005, AFW has elevated resort collections, showcased Indigenous designers and initiated a consumer-integrated model. The emergence of consumer-facing fashion events including PayPal Melbourne Fashion Festival and Melbourne Fashion Week has led some to question the relevance of a closed industry-only event.
As new regulations are enforced and consumers develop ever-more-sophisticated expectations around a brand’s environmental impact, fashion brands have to do more than claim they are compliant. Brands can also be more sustainable by using quality fabrics and sustainable packaging for their designs.
But with such an expansive reach — one that extends across its branded channels as well as a robust network of national, regional and local retailers — Fender has sought better ways to understand the behaviors of these consumers and engage with them in more intentional and relevant ways. I mean that at the individual level,” he said.
In the dynamic world of Consumer Packaged Goods (CPG), brandmanagement is a critical function that navigates complex landscapes to connect products with consumers. Editor’s Note: Contributing author is Andrey Pankeev, Key Accounts Manager at Wiser Solutions.
Photo courtesy of TikTok Shop While the ecommerce functionality has been available to at least some users since late last year, today marks the service’s debut to the wider TikTok community, and to say that both consumers and brands have been eagerly anticipating this development might be an understatement.
The event will be promoted across New York City through extensive promotional efforts, including advertising on a Nasdaq marquee and tower from May 26 to June 2, 2024. White joined the company six years ago from consumer products company Perrigo, where she served as Director of Sales, Target.
Online surveys have long reigned near the top of the ad testing toolkit by providing the fastest, most efficient way to gather valuable consumer feedback throughout the creative process. But realizing these benefits has generally required that researchers forfeit the open-ended questions that allow them to truly “hear” the consumer’s voice.
From Intuition to Data-Driven Decisions Imagine a field representative for an FMCG brand visiting a retail store. Traditionally, without access to real-time data, the rep relies on previous sales reports and their personal judgment to negotiate shelf spaces or promotional displays.
Express has entered a broad-reaching partnership with brandmanagement firm WHP Global , owner of the Toys ‘R’ Us , Babies ‘R’ US and Anne Klein brands, among others. The deal includes plans to acquire “multiple” fashion brands as well as the expanded monetization of the Express brand through global licensing partnerships.
Founded by then-21-year-old Cami Téllez in 2019, Parade was initially created to fill a gap in the market for stylish and size-inclusive bras and underwear for Gen Z consumers. Its campaigns featured a wide range of models across the gender spectrum with different skin tones, body types, and aesthetics.
As digital natives, they largely permit retailers to collect data across multiple channels of interaction, painting a detailed picture of who they are and how the brand communicates to them effectively, which designers can leverage to enhance project outcomes. At the same time, these platforms also directly influence consumer perceptions.
2020 in particular forced reflection and conversations into all of our lives; and brands weren’t immune to the pressures of an increasingly politicized world. A company aligning with a consumer’s worldview can be an added motivation to support them, and likewise a misalignment can alienate another customer segment.
Amazon Prime Day has become one of the most significant annual events in the retail calendar, particularly for the consumer electronics segment. Traditionally held in July, this two-day event offers brands an unparalleled opportunity to boost sales through deep discounts and strategic promotions.
This conflicting situation is a result of many environmental factors influencing the health of proximity retailing: the brand/the business, the commercial environment, the competitive environment, and the consumer. What incentives do retailers have to reinvest in local urban stores? Ghalia BOUSTANI. Proximity retail can provide this.
“The economic reasons behind the losses are elevated interest rates and weak consumer and business confidence in Hong Kong, which has affected rental income and property valuation,” Gary Ng, senior economist at Natixis, told Inside Retail. “It
In an illuminating revelation from Deloitte’s 2024 consumer products industry outlook , half of the consumer product companies surveyed express a pivot away from relying on price increases as a growth strategy, signaling a paradigm shift in how businesses approach market expansion and consumer engagement.
Jaques Roizen, MD Consulting at Digital Luxury Group, said Sephora’s primary challenge lies in its value proposition as a one-stop-shop for cosmetics in a market where consumers have the convenience of Tmall at their fingertips, especially for regularly repeated purchases.
The 48g bar will roll-out from September and retail at 69p, supported by a consumerpromotion to be announced on Cadbury’s Twitter account ahead of the launch. Joshua Collier, brandmanager at Mondel?z Cadbury is launching a limited edition Wispa Gold Hazelnut flavour to help retailers drive sales.
Brandmanagement strategy is crucial for any brand in order to maximise business objectives such as brand recognition, revenue and long-term goals. Brandmanagement in retail environments means providing a high level of customer service whilst ensuring great standards and compliance levels.
The primary purpose of retail stores is to stock and sell products to consumers. Brand Your Business. If you’re not very good at branding yourself, you might need to hire the service of a skilled brandmanager who can present your business aesthetically. You must set your business out from competitors.
Easier said than done, especially for a brand that is still working its way back from the brink. Everything, Everywhere, All at Once The first step in any omnichannel journey is to intertwine the physical (store) and digital (website, app) worlds of a brand. You’ve got to have great product and a great experience.”
The Role of Social Media in Brand Recognition Social media serves as a potent tool for enhancing brand recognition by providing a platform for brands to create and share engaging content and promoting a direct and personalized connection with the audience. User-generated content is another powerful tool for engagement.
Market trends shift rapidly, consumer behavior fluctuates, and competition intensifies. In the online world, it’s not about physical space, but rather visibility on search results, category pages, and promotional spaces. However, the dynamic nature of eCommerce platforms presents retailers with various challenges.
Luxury retail has undergone a significant transformation driven by digital technology and changing consumer expectations. Luxury brands have been forced to innovate quickly to meet changing consumer preferences due to the COVID-19 pandemic, which has accelerated the adoption of these technologies.
Online shopping has exponentially increased the ease with which consumers can find products and compare prices between different retailers, so MAP has become a crucial aspect of product selling for many manufacturers. Often, these consequences are a last resort because brands don’t actually want to lose any of their retail partners.
But with so many tools and techniques promoted online, it can be easy to over-complicate things. If you use your blog as a money-making avenue, you probably offered sponsored content to brands. Managing these relationships manually can be lucrative, but time-consuming. Protect Your Brand with Automated Monitoring.
Price Pricing strategies in eCommerce must balance profitability and promotional activities, adapting to frequent price fluctuations inherent to online retail. Ratings & Reviews User-generated content, such as ratings and reviews, plays a crucial role in influencing consumer choices online.
Cacolac, a well-known French FMCG brand, has been delighting consumers with its iconic chocolate milk for 70 years. The Role of E-Commerce and Drive in Cacolac’s Strategy As consumer shopping behaviors evolved, so did Cacolac’s focus on digital retail. where customers order groceries online and pick them up at a local store.
It delivers the key functions of centralised brandmanagement and localised personalisation, providing a versatile solution that caters to the diverse needs of both franchisors and franchisees. This dual approach enhances both the commercial impact and brand consistency of marketing campaigns, says Taguchi CEO Dean Maidment.
If Educational Insights is any indicator, it’s as game-changing as brands hoped it would be. Educational Insights first launched its shop in April 2023, and Lee Parkhurst, Senior BrandManager at the company, said they’ve “been quadrupling our business month over month since.”
If your product isn’t easily found by consumers, it might as well not exist. Share of search refers to the proportion of searches for your product or brand compared to the total searches for a given keyword on a retailer website. Studies show that the vast majority of consumers don’t look past the first page of search results.
Sophie Arcucci : An analysis of the number of new drives opening in France reveals a clear trend: the regions with the highest number of openings, such as Île-de-France, Aquitaine, and Rhône-Alpes, are often those with large consumer catchment areas and high population density. FEEF : What are the three main challenges for SMEs ? more than E.
As a frozen baby product, Drive allows us to be present in three key departments: baby, organic-baby, and frozen.” Pre-Wiser Challenges Before adopting Wiser’s solution, managing Yooji’s presence across thousands of Drive locations was a manual, time-consuming process.
This shift is driven by the need to ensure distribution effectiveness and promotional compliance, especially in the absence of Direct Store Delivery (DSD) representatives. The beverage industry, in particular, has seen a shift from prioritizing dollar growth to unit sales, reflecting changes in consumer purchasing behavior post-COVID.
Assortment Optimization: Regularly reviewing and revising product assortments ensures alignment with current consumer trends and demands. Promotional pricing strategies can also be effective, especially when synchronized with high-traffic periods or shopping seasons.
At Dollar General, he will lead the company’s marketing, brand, media and personalization strategies across all digital channels and the DG Media Network. “I Matt Frame has been promoted to division vice president, store operations. Jimmy Nguyen has been promoted to vice president, division merchandise manager, health and beauty.
Collaborations with other brands could also create new avenues for revenue. Changing consumer tastes and rising commodity prices can also impact their profitability. Moreover, it encourages team collaboration and promotes open communication within the organization, which can be invaluable in creating a cohesive business strategy.
You can develop a pricing strategy that not only meets consumer demand but also optimizes return on investment. This involves strategically managing product assortment, pricing, and promotions. This gives you a more comprehensive view of how pricing impacts demand and sales.
Walgreens also promoted Dale Johnson to general merchandise manager of consumables with responsibility for the chain’s grocery, household and general merchandising business. Canady holds a B.S. from Purdue University and an MBA from the University of Michigan’s Ross School of Business. Dale Johnson.
Sometimes being in Category Management might feel like being a United Nations peacekeeper, a global summit negotiator, or like you dropped into an episode of Game of Thrones. (We We have a whole booklet of cartoons about life as a Category Manager! ). Not the least of which is promotions. Promotions are good.
When products go out of stock (OOS), it affects everything from being found by consumers to ultimately making a sale. Here are some of the key ways OOS can hurt your brand: Decreased Visibility: E-commerce algorithms prioritize in-stock items. Lost Sales: The most immediate and obvious consequence of OOS is lost sales.
In the competitive world of e-commerce, maintaining a strong presence on the digital shelf is crucial for brands looking to attract and retain customers. One of the most impactful factors influencing consumer purchasing decisions is online ratings and reviews. They provide social proof, build trust, and influence buying decisions.
We organize all of the trending information in your field so you don't have to. Join 40,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content