For example, the average discount across the Cyber Five on electronics was 23.6%, toys was 33.3%, and apparel was 15.1%, per Adobe Analytics. Economic uncertainty drove many to alternative payment methods. For example, buy now, pay later (BNPL) orders jumped 85% the week of November 19 compared with the previous week. BNPL revenues rose 88% over the same period.
Article
| Nov 29, 2022
Kohl’s newly expanded marketplace means it can continue to offer a broad assortment in categories such as apparel, home, toys, and wellness even if it pulls back on inventory orders.
Article
| Mar 31, 2023
Chart
| Oct 3, 2024
Source: Circana
Now, with the industry clamoring after a series of reports, the company is moving in historic fashion to increase transparency for advertisers.
Article
| Feb 27, 2024
Apparel, consumer electronics eye holiday rebound while home improvement still needs work. Back-to-school sales will return to a more normal, prepandemic growth rate this year. Most adults won’t buy a product if it’s dynamically priced. More Chart of the Day:. 8/7 - Generation AI. 8/4 - Programmatic video keeps growing. 8/3 - SVOD success. 8/2 - Meta over YouTube? 8/1 - Keeping it dynamic.
Article
| Aug 7, 2023
These plug-ins have a strong monetization case, pushing users past idea generation into buying tickets, clothing, and food. Using plug-ins to power retailer-specific chatbots also unlocks retail media potential, allowing retailers to sell ads on their own generative AI chatbots. Publishers need to think creatively about revenues.
Article
| Jun 16, 2023
In true Latin American fashion, users protested the changes on social media. The hashtag #ChauNetflix (“ByeNetflix” in English) trended on Twitter not long after. Netflix sunset the feature in October after considering customers’ feedback. Netflix’s policy changes didn’t stymie subscriber growth in Latin America.
Article
| Apr 24, 2023
More than a third of apparel and accessories sales took place online in 2022, and we expect share to rise to 46.3% in 2026. Categories mainly purchased via physical channels are rarely returned. Gasoline is the top example of an essentially non-returnable good bought in person. Food and beverage products also see relatively low return rates, and more than 90% of their sales take place in stores.
Article
| Feb 15, 2023
Chart
| Oct 1, 2024
Source: ĢAV
For example, consistent visits to sneaker retail spots could signal an interest in shoes, while regular attendance at high-end restaurants may indicate a taste for high-end food. GeoPersona allows advertisers and marketers to analyze these patterns and construct a detailed profile of consumer segments based on multiple categories.
Article
| Apr 25, 2024
Rather than shooting a 360-degree video of a pair of shoes, AI could render a sneaker from any angle, in any size, with any background, and any modifications, as Troy Young mentioned in his People vs Algorithms Substack. Digital merchandising is costly and laborious. AI will cut those corners.
Article
| Dec 9, 2022
A small group of creators and brands are working to create extras for filters—things like personalized accessories for avatars and other visual add-ons—which users must purchase Snap Tokens to use. Snap Tokens can operate as an entry fee for brands.
Report
| Dec 23, 2022
Smaller retailers, or those in categories other than clothing and general merchandise, might be better off focusing investment on mobile-optimized websites, rather than launching dedicated apps. Temu and Shein are making rapid gains in the US mobile app market. Temu has overtaken TikTok as the most downloaded app in the US.
Report
| Aug 31, 2023
Soles4souls, for example, is a nonprofit that partners with retailers to receive, refurbish, and redistribute used shoes to people in need. Use more than buzzwords: Support your eco-claims with facts and figures. “Data is vital to proving that you are acting in the best interest of the climate and of people,” our analyst Sara Lebow said.
Article
| Mar 8, 2024
Uniqlo puts out Lifewear magazine twice a year, which showcases its clothing and contains articles on lifestyle and culture around the world. Create a recycling program that rewards consumers for returning empty packaging. Kiehl’s customers can return empty products to their stores to earn loyalty points and rewards. This was originally featured in the Retail Daily newsletter.
Article
| Mar 8, 2024
Some, like direct-to-consumer shoe brand Rothy’s and menswear brand Todd Snyder, are using stores to provide high-touch customer service and build deeper relationships with shoppers. Others, like Walmart, Walgreens, and Target, are focused on revamping stores to offer more convenience, both in-store and online.
Article
| Jan 9, 2024
Its “virtual try-on” feature, powered by AI models, stands out as a boon for ecommerce businesses and clothing retailers, enabling customers to visualize products, enhancing their shopping experience. Yes, but: The company’s reputation is potentially tainted by concerns over privacy practices.
Article
| Oct 18, 2023
In the case of livestream commerce, it may work for certain product categories, such as fashion and consumer electronics, but may not resonate in markets where shoppers are returning to stores.
Article
| Jun 9, 2023
We can expect reduced startup creation, more budget cuts, and higher risk of startup failures until SVB’s shoes are filled. Related content:. Silicon Valley Bank at the epicenter of potential banking crisis. SVB's downfall creates payment anxieties among startups. Silicon Valley Bank collapse puts lenders on edge and startups at risk.
Article
| Mar 15, 2023
Lifestyle influencers can write off clothing hauls or home decor. Just because personal items are on display to an audience, doesn’t mean you can write them off. (See rule of thumb above.). You need an LLC to claim write-offs. The IRS doesn’t care about the legal structure of your business—but you do need to be running a business rather than pursuing a hobby that sometimes brings in a little cash.
Article
| Mar 18, 2024
Financial wellness must become a core strategy: Financial health-related content and advice isn’t just an accessory or a nice-to-have. Articles and social media posts designed to improve financial literacy are worthwhile to promote the bank’s brand.
Article
| Aug 25, 2023
According to MNTN’s internal data, these brands increased their total ad spend 384% between Q1 and Q3 2022, and 2023 is looking to play out in a similar fashion. With the rise of CTV, TV advertising has experienced a bit of a demographic shift.
Article
| Jan 9, 2023
So it's kind of very meta self-referential fashion, and she's using items from her closet. Most of them aren't even Ralph Lauren, but it just helps to promote the brand and interest in the brand among younger consumers. Sara Lebow:. Who is wearing it better? The teddy bear or the creator? Sky Canaves:. Oh, that's a good question.
Audio
| May 1, 2024
With TikTok as a lead sponsor of The Met Gala on May 6, one of the biggest luxury fashion events of the year, we’ll see an even bigger presence of creators. 2. Resale marketplace can foster trust. Brands such as Gucci and Oscar de la Renta have developed their own secondhand marketplace, tapping into the US ecommerce resale market worth $80.60 billion this year, per our December 2023 forecast.
Article
| May 3, 2024
Chart
| Oct 1, 2024
Source: PwC