July Issue: Endless Aisle

A look into consumers' minds and behaviours reveals that:

• 34% of consumers want digital screens in-store to check product availability and pricing.
• 44% of consumers will check online and purchase there. 
• #1 and #2 priorities in 2021 for retailers are online sales and in-store experience respectively.

This month, we highlighted the importance of an effective Omnichannel Strategy with our Endless Aisle webinar, in collaboration with MindArc.

Download our Endless Aisle Whitepaper or contact our team today to discover the steps to improve your omnichannel business fitness with Endless Aisle and achieve best practices.

Next, dive into the retail fundamentals with the latest blogs

Insights

41% of retailers are not focussing on customer loyalty and yet up to ¾ of customers are influenced by loyalty schemes. Are you losing out on sales dues to an ineffective loyalty scheme? Read more.

Strategy

Whilst a satisfied CEO aims for good, a great CEO is dissatisfied until great is a culturally embedded imperative. And what might a "satisfied" CEO fail to see in their business performances? Read more

Implementation

How can your business replicate the world’s best retailers, accurately managing your stock levels, thereby avoiding unplanned markdowns along with maximising cash flow and profits, while others just buy what they think will sell, then cross their fingers and hope for the best? Read more

Also from our Implementation division,

Retail Doctor Group's Implementation team is offering our retail community support through a complimentary and confidential help hotline.

Visit our Future of Retail podcast series on Spotify, iTunes and Android

Join Jason Greenwood from Greenwood Consulting and I as we discuss the future of frictionless commerce, the changes in consumers' brand expectations driven by technological advancements, and how every channel or every physical thing can potentially become a transactional opportunity. Listen now!

Don't miss out on the "Omnichannel Marketing Strategies for the Holiday Season" Webinar on Wednesday 11 August

I will be joined by Beatrice Ellefsen, Head of Customer Success - APAC at dotdigital and Alice Barbery, CEO of Universal Store to discuss and provide tips on holiday readiness, keys to omnichannel success and more. Register now!

In the media - Click on images for our latest retail and media commentary

Sydney Lockdown may push retailers to the brink

Ikea becomes the first retailer to let customers pay using time

What is omnichannel retail? and Why is it here to stay?

Join our staff on LinkedIn with the latest retail news discussions (click on images to see posts)

Last but not least, follow us on Instagram for the most innovative retail models around the world and media updates!

We hope you find the updates helpful and subscribe for the next issue of Retail Doctor Group News. Visit our website for further news and insights.