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Category: Research

Retail Asia31/12/2018
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Research

7 Marvelous Shopify Apps That Can Change Your Life

11min0
According to https://profitindustry.com/ecommerce-statistics/, there are quite a lot of different ecommerce statistics and trends that you need to pay attention to. Even the slightest miscalculation or a miss could lead to big losses. As there are a lot of different platforms, people need to pick one that suits them the most. At the moment, there is […]
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Retail Asia28/12/2018
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Research

How the retail industry has fared in 2018

6min0
The overall retail market in India 2018 stood at Rs 43,251 billion and is forecast to grow by 6.4 percent CAGR in 2018-2023. Retailing in India still predominantly takes place in physical stores and shopping behaviour between urban and rural consumers continues to be vastly different. Smaller independents (both grocery retailers and non-grocery specialists) continued […]
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Retail Asia10/12/2018
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Research

Real human call centres still preferred : research

4min0
New research reveals 75 per cent of shoppers prefer live-agent support for customer service verses 25 per cent support for self service and chatbots. The research, from cloud contact-centre operator NewVoiceMedia, identified consumer concerns about sharing sensitive information, a lack of understanding of bots and their inability to resolve issues. “Chatbots can provide customers with […]
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Retail Asia30/11/2018
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Research

Retail sector Korea in future

6min0
Technology and e-commerce trends are reshaping the global retail industry in profound ways, as the rise of online channels threatens to displace more traditional shopping experiences. However, Korea’s retail sector seems to be thriving in the face of this upheaval, with a 6% year-over-year increase in retail sales by Q3 2018. What are the factors fuelling this […]
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Retail Asia29/11/2018
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Research

Poor customer experience costs retailers in Asia

3min0
Nearly two-thirds (63 per cent) of consumers in Asia will no longer shop with a retailer after just one poor customer experience. That is one of the conclusions of a research study conducted by unified commerce provider Tofugear in partnership with Rakuten Insight. Based on a survey of 6000 shoppers across 12 countries in Asia, the research […]
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Retail Asia27/11/2018
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Research

IGD predicts five trends set to shape retail in 2019

7min0
Seamless in-store shopping experiences coupled with innovative advances in technology are among IGD’s five key retail trends for 2019. “Next year’s biggest trend of all is likely to be the continuation of rapid and radical change in the food and grocery industry,” said Toby Pickard, head of insight, innovation and futures at IGD. “We have […]
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Retail Asia25/11/2018
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Research

8 Easy Startup Ideas For Asia

10min1
We live in the times of so many possibilities. Therefore starting a new business to earn some extra money could be very easy and done very quickly wherever you are – it could even be Asia. People are really into new technologies there at the moment, especially mobile payments through various apps, so you could […]
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Retail Asia20/11/2018
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Research

Who is Hong Kong’s new luxury shopper?

10min0
As one of Asia’s leading retail hubs, Hong Kong has long been a mecca for luxury shoppers. Despite being home to APAC’s most expensive retail real estate (second globally to New York City’s 5th Avenue), there’s a reason why large, sprawling luxury shopping malls continue to dominate in a crowded city. Hong Kongers will be glad to know, though, […]
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Retail Asia09/11/2018
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Research

Trail Camera Market Inching Closer to Wireless Ubiquity, Global Demand to Grow at 3.5% Volume CAGR

6min0
The bullish run in the Trail Camera market continues in 2018, with an incremental growth of 18,000 units over 2017According to Fact.MR’s new study, increasing wildlife exploration and rising demand for higher security and surveillance are instrumental in driving sales of trail cameras. The study opines that demand for trail cameras will grow at a CAGR […]
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Retail Asia09/11/2018
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Research

Retailers Transforming Distribution, Expanding Online and Turning to the Cloud as They Revolutionize Customer Experience

4min0
As retailers race to deliver more unique and personalized customer experiences, the use of Cloud, IoT and Big Data will accelerate in stores, online channels and distribution centers. However, one quarter of retailers still lag in the process of adopting new technologies and integrating them across operations to present a more integrated customer experience, according […]
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Retail Asia08/11/2018
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Research

Post-Instagram age : What’s next?

35min0
Oscar de la Renta was early to Twitter, early to Tumblr and, yes, early to Instagram. So in July 2013, when the American fashion house debuted its fall advertising campaign via the app, the industry was hardly surprised. It was a little thing. An experiment. After all, the Norman Jean Roy-shot images would still run in […]
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Retail Asia31/10/2018
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Research

Airport Retailing Consumer Electronics Market Witnessing a 2x Increase in Consumer Electronics Sales across SEA; India Most Lucrative

6min0
The airport retailing consumer electronics market is foreseen to expand at a significant pace with global revenues crossing US$ 1,700 Mn in 2017, according to a new study. Traditionally pervasive as transportation service facilities, airports are now witnessing an influx of retail outlets for consumer electronics products. The shift in customer perspective toward airports as […]
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Retail Asia23/10/2018
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Research

The sharp rise of Pinduoduo – What is the secret?

9min0
Pinduoduo, also known as PDD, founded by the Ex-Googler Colin Huang, is currently the fastest growing app in the history of the Chinese Internet and the leading Chinese App for social e-commerce. Pinduoduo is reported to have raised a US$3 billion investment round led by Tencent Holdings, at a valuation of US$15 billion. A significant […]
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Retail Asia23/10/2018
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Research

An Overview of E-commerce in South East Asian Countries

18min1
Electric commerce or e-commerce is the activity of buying and selling online. Typical e-commerce transaction includes purchase of online books, music purchase and purchase and sales of many other items.  Three known major areas of e-commerce include online retailing, electric market and online auction. Technologies such as mobile commerce, internet market, electronic funds transfer, and […]
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Retail Asia23/10/2018
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Research

Some Insights about Central Group – Thailand

9min0
The Central Group, first opened as a small family-run shop by Mr. Chirathivat, in the city of Bangkok during the early 1950s. Expanded later on in 1956 by his son, Smarit Chirathivat, establishing the first Central Department Store in Bangkok.  They were the first to import international cosmetic brands; the first to focus on impeccable […]
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Retail Asia22/10/2018
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Research

Chatbots: Convenience vs Risks

7min0
Banks increasingly are introducing popular messaging platforms to reach their mobile-savvy clients – DBS for instance launched its banking services on WhatsApp and WeChat in September while Citibank added its Facebook messenger banking chatbot a year ago. «Banks are caught between a rock and a hard place. The reality is that customers are familiar with […]
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Retail Asia19/10/2018
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Research

Biodegradable Packaging Material Market Remains Highly Fragmented, with Tier 3 Players Collectively Foreseen

6min0
Biodegradable packaging market witnessed moderate growth during 2013 to 2027, and the status quo is envisaged to prevail over the period of forecast 2018 to 2028, according to new Fact.MR study. Volume sales of biodegradable packaging are foreseen to record a modest 4.2% CAGR through 2028, which is anticipated to equal a market value in […]
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