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eDelivery platform set to shake-up $4.9bn industry. by Emily Bencic. RetailBiz Webinar – Bringing Loyalty Programs into the Digital Age – in partnership with Klarna. SPONSORED.
What the Australian retail industry should expect for 2023
With the COVID-19 pandemic, the past 36 months have been a difficult time for Australia’s retail industry, with businesses having to navigate a plethora of challenges, ranging from rising costs and supply chain disruptions to grave labour shortages.. Further adding to the pressure on retailers are rising customer expectations.
Five trends that every retailer should be adopting in 2024
Nov 28, 2023 · Five key trends that retailers should adopt to stay ahead of the curve in 2024: Warehouse optimisation, digitalisation and automation: The integration of digital technology and automation (including robotics, AI and machine learning tools) with space-optimising vertical or cube storage systems, enables retailers to streamline their warehouse ...
Retail trends for 2024: It all starts with data - retailbiz
Dec 20, 2023 · Retail trends for 2024: It all starts with data. by Damien Mitchell December 18, 2023. . The retail world is changing at breakneck speed, thanks to digital capabilities, shifting consumer habits, and the rise of data collaboration and retail media networks. Here is what we can expect from retail in 2024.
How brands can elevate customers’ shopping experience
Aug 6, 2024 · Brands can easily elevate their retail campaigns and put them ahead of their competition. 5. Access to valuable metrics. Data is the lifeblood of shoppable ads, powering a lift in key performance metrics, like product discovery rate, …
What retailers should look out for in 2024 - retailbiz
It has been a challenging few years for retailers, especially as they are more likely than average to face risk, according to FIS’ Global Innovation Report.With 89% of retailers concerned about rising inflation, and 78% worried about supply chain disruption, industry norms have been flipped.
Data: The fuel accelerating retail’s transformation
May 9, 2023 · Omnichannel. Data: The fuel accelerating retail’s transformation. by Keir Garrett May 9, 2023May 9, 2023. . The Australian retail sector is undergoing a time of data transformation against a backdrop of economic uncertainty. During turbulent times, a retail business’ ability to harness its customer data could be the game changer that will ...
How an omnichannel approach will help Australian retailers
Oct 19, 2021 · With this kind of omnichannel engagement, retailers can improve the speed of service, while offering contextual, personalised support. From an employee engagement angle, an omnichannel approach also has massive benefits. By giving agents all the information available on a customer, they feel empowered to give informed support and prioritise ...
Modern payment technologies helping retail rebound
The ABS’ August 2021 retail figures show that despite lockdowns impacting in-store trade, consumer spending is still strong. According to the ABS, online retailing recorded $4.2 billion in sales – the highest monthly online total since 2015. With a post-pandemic roadmap providing greater clarity for retailers across the country, merchants must now consider how to re-engage shoppers as they ...
Top industry trends for retailers in 2021 - retailbiz
As we enter 2021, the focus for a lot of retailers will be around the following industry trends. Ecommerce adoption and customer retention. In April 2020 alone, Australia saw an increase of online buyers upwards of 200,000 individuals who previously have never bought online and a whopping increase of over 80% of online spending than in 2019.