If you are a retailer and looking to launch your own private label/ optimize profits of your existing label, here’s a 4-point plan to get you kickstarted
At the time of writing this article, there were 10M+ views of the video Amazon made to show the world how it’s done. There have been millions of shares on Facebook and Linkedin, and the retweets ensured almost half the world has already seen the ‘future of retail’.
Amazon has 536 Million Products on sale as of now. Not SKUs, products.If Amazon wanted to, it can give one unique product to every single person in all of North America as a Christmas gift and still have the same products on its virtual shelf for the rest of the world to buy.
When E-commerce took off the way it did, every retail pundit predicted the doom of in-store shopping as we knew it. The novelty and glamour associated with in-store shopping were replaced by convenience and never-ending aisles that an e-tailer brought.
As the convenience stores segment goes through yet another year of evolution, catering to the new ‘I need everything personalized’ customer is clearly standing out as the biggest differentiator from the competition.
An interview that highlights challenges faced by retailers in the middle east & how Manthan provides required analytics solutions to overcome them.
Read how ULTA, the multi-billion dollar value cosmetics retailer, is getting millenials to spend on experiences as opposed to products.
The Click and Collect market segment is now worth $3.7B year currently and for a convenience store retailer this market represents a huge opportunity.
Customers who have visited Amazon book stores say that, inside, it looks like a Web page that has come to life. Read about what they are doing to deliver an omnichannel experience by leveraging big data and optimizing the available space.