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Showing posts with the label #consumerbehaviour #Covid19 #Retail #marketplace

Opportunities for retailers with more receptivity in consumers post covid. Insights from News

Changes in consumer behaviour: Consumers are more receptive than ever to changes that can make the in-store experience safer, more accessible, and more convenient. Looks the news below: 1. As shoppers return to stores, retailers are facing challenges of their own https://fortune.com/2021/05/27/shoppers-retailers-stores-online-spending-covid/ 2. Join my online marketplace. Traditional retail stores are turning to online marketplaces to survive—allowing third parties, including competitors, to sell merchandise on their sites in exchange for a share of the profits. This enables retailers to increase inventory without ever having to own it. See the FT story https://www.ft.com/content/3be2432a-4d62-4df1-ac6a-6b8ce68800db?shareType=nongift&cid=other-eml-onp-mip-mck&hlkid=fd30943cf3554460ae291d4b245df776&hctky=9431270&hdpid=53d00ebf-ef7c-4946-9b14-df3695462eea Insights Why it matters. Consumer behavior has shifted dramatically over the course of the COVID-19 pandemic. Brand...