The truth of the matter is that the retail landscape is evolving. Success at the shelf is no longer about the depth and breadth of inventory, but rather creating engaging experiences for customers. Many of the organizations that are struggling today were at one point very established brands who dominated the market by offering customers a variety of products to choose from. They relied on their size and scale as advantages to win customers and chose to ignore indications that consumer behaviors were beginning to change. Advancements in technology have allowed consumers to decide how and when they shop and have created ecosystems where frictionless experiences are rewarded more so than assortment of SKUs. By the time many of these monolithic brands realized these new technologies weren't just fads, but rather fundamental shifts in how consumers were shopping, it was too late to try and adapt.
P.J.Joseph's Weblog On Colored Stones, Diamonds, Gem Identification, Synthetics, Treatments, Imitations, Pearls, Organic Gems, Gem And Jewelry Enterprises, Gem Markets, Watches, Gem History, Books, Comics, Cryptocurrency, Designs, Films, Flowers, Wine, Tea, Coffee, Chocolate, Graphic Novels, New Business Models, Technology, Artificial Intelligence, Robotics, Energy, Education, Environment, Music, Art, Commodities, Travel, Photography, Antiques, Watches, Random Thoughts, and Things He Like.
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Showing posts with label Retail. Show all posts
Showing posts with label Retail. Show all posts
Saturday, April 13, 2019
Monday, February 11, 2019
Our 10 Radicals Are Breaking Barriers
The new retail landscape.
Useful link:
https://www.therobinreport.com/our-10-radicals-are-breaking-barriers
Useful link:
https://www.therobinreport.com/our-10-radicals-are-breaking-barriers
Saturday, February 02, 2019
To Save Retail, Let It Die
Sad, but inevitable.
Useful link:
https://www.businessoffashion.com/articles/opinion/to-save-retail-let-it-die
Useful link:
https://www.businessoffashion.com/articles/opinion/to-save-retail-let-it-die
Tuesday, December 04, 2018
Thursday, November 29, 2018
Friday, November 02, 2018
Tuesday, August 28, 2018
The Future Of The Physical Store
The evolution will continue.
Useful link:
http://blog.nudgerewards.com/doug-stephens-future-of-the-store
Useful link:
http://blog.nudgerewards.com/doug-stephens-future-of-the-store
Monday, August 27, 2018
Saturday, December 23, 2017
Friday, November 10, 2017
Wednesday, September 06, 2017
Thursday, August 03, 2017
The Future Of Retail 2017
The changing face of commerce.
Useful link:
http://www.walkersands.com/Futureofretail?utm_source=Ext_Email&utm_medium=email&utm_campaign=futureofretail2017
Useful link:
http://www.walkersands.com/Futureofretail?utm_source=Ext_Email&utm_medium=email&utm_campaign=futureofretail2017
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