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Three tactics for every retailer’s peak season strategy
10 hours ago · Three tactics for every retailer’s peak season strategy. by Laura Hill November 13, 2024. . November and December represent the year’s busiest months for the retail and eCommerce industry. With major shopping events like Click Frenzy, Black Friday, Cyber Monday and Boxing Day creeping up, retailers should be well-armed with the right ...
The trends that will define the retail industry in 2024
AI adoption will increase. In 2023, artificial intelligence (AI) exploded into mainstream consciousness thanks to the prominence of ChatGPT. In 2024, that momentum will continue. In fact, by 2026, the global AI market in the retail industry is projected to grow by 70%. AI is still in the early stage of its evolution, and many retailers have yet ...
Snowflake shares three retail tech predictions for 2025
21 hours ago · In 2025, data clean rooms will enable retailers to better collaborate with manufacturers, distributors, and store fronts to drive efficient – and even predictive – outcomes, alongside a significant shift towards AI-enabled tools that upskill and empower non-technical retail employees, according to Snowflake industry principal for retail data and technology, Prabhath Nanisetty (pictured ...
The shift to early holiday shopping: How retailers can adapt to a ...
10 hours ago · Nearly one in three Australian shoppers (31%) are prioritising discounts or reduced-price items, and a further 49% intend to cash in on sales and do the majority of their holiday shopping on Black Friday/Cyber Monday weekend (29 November to 2 December). But while discounts are a valuable tool to grab attention and drive sales, it’s important ...
Online packaging platform empowers SMEs to recycle right
21 hours ago · The ARL Marketplace helps small-to-medium businesses (SMEs) get the support they need to navigate packaging sustainability and recycling by providing access to Australia’s only evidence-based recycling label, the Australasian Recycling Label (ARL). The label gives consumers the confidence to recycle all parts of a product’s packaging ...
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 ‘smart’ retailers are thriving in a rapidly changing market
Oct 29, 2024 · The future of retail is AI-powered. AI is fundamentally reshaping how retailers engage with consumers, enabling them to deliver personalised, real-time service that aligns with today’s fast-paced expectations. From AI-powered recommendation engines to smart chatbots, these technologies allow retailers to anticipate customer needs, offering ...
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 ...
Pattern Australia shares five e-commerce predictions for 2024
Global ecommerce and marketplace accelerator, Pattern has released its top five predictions on what will shape the Australian e-commerce landscape in 2024. “The Australian retail landscape will take an evolutionary step-forward over the coming year, driven by changing consumer expectations and the rapid integration of technology in ecommerce ...