Topmost Shopping Trends Of 2018: Retail Experts Prediction For Upcoming Years

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Topmost Shopping Trends Of 2018: Retail Experts Prediction For Upcoming Years

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If retailers want to survive in the market, they have to make necessary adjustments in their existing business process to align with technology revolution otherwise they may wipe out from the market. Let’s discuss the topmost shopping trends of 2018 that can help retailers to fulfill the consumer needs and desires. – PowerPoint PPT presentation

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Title: Topmost Shopping Trends Of 2018: Retail Experts Prediction For Upcoming Years


1
Topmost Shopping Trends Of 2018 Retail Experts
Prediction For Upcoming Years
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  • Last year we have seen remarkable changes in
    the retail industry.
  • The apocalypse of the retail industry has come
    up with a positive impact so that 2018 could be
    the year of a retail revitalization.
  • Now retailers have made adjustments to align
    with consumer needs adopted new technologies
    trends to provide best customer satisfaction.

3
Topmost Shopping Trends
  • Recent retail sales were increased up to 4.2
    year-over-year in July 2017.
  • On a percentage basis, 42 brands are opening
    stores, 43 are holding steady and only 15 are
    showing a net decrease in stores.
  • In 2017, retailers have opened 4,080 new stores
    plan to open over 5,500 more in 2018.

4
New Opportunities in The Retail Industry
  1. Tech Transformation.
  2. What to Watch??
  3. Stay The Course.

5
Tech Transformation
  • With each passing years, technologies have
    become more diverse advanced hold remarkable
    promises for retailers.
  • It depends on how quickly they adapt customers
    needs as well as latest market trends.
  • The retailers require an extensive research on
    the latest market that revises frequently.

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What to Watch??
  • Being a retailer, you should always watch the
    latest scenario of the market realign your
    businesses with the requirements of the target
    audience.
  • Most of the retailers are working on it to give
    delight experience to the customers.
  • Tech-savvy retailers are already started to
    offer cash back gifts with purchase in-store
    discounts to break the consumer spending pattern.

7
Stay The Course
  • Retailers have remodeled their stores made
    system wide.
  • Logistic changes in business by putting the
    people at the center of the model.
  • The impact of omnichannel the volume of big
    stores has grown to the point where the small
    stores are totally disrupted.

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