The future is bright for bricks and mortar retailers who integrate technology into their store processes while still connecting with consumers on an emotional level, says Dr Nadia Shouraboura, a Soviet-born mathematician turned omnichannel retail pioneer.
The consumers of the internet-era make their decisions after consulting several sources of information such as websites, in-store displays, online reviews and social media.
According to the 2013 national automotive industry survey, 32 per cent plan to grow their sales by over 50 per cent by 2020 through the use of virtual showrooms, social media, online sales and other online communications.
This partnership will give consumers the opportunity to compare prices with over 100,000 products sold at Macy’s and Bloomingdales.
Australia has ranked seventh in the world for internet penetration, with key drivers being high incomes and accessibility to products, according to IBISWorld.
Proof that online satisfies consumers' demand for convenience.
Price, product range and having products in stock are the three key drivers that will get shoppers in-store, according to research from Monash University's ACRS.
VitAiL has launched online add-on technology Bonn, which is an augmented reality mirror application for online retailers.
PwC has predicted that the online shopping market in Australia in 2011 will reach $13.6 billion, a growth of 13 per cent from the $12 billion expenditure in 2010.
The new site is leveraged by multi-channel commerce software vendor Hybris’ B2C commerce platform solution, which allows Target to customise and update the site based on new product developments.
Known to be Australia's largest online appliance retailer, Appliance Online, reported 2010 Christmas trade increased by 150 per cent over Christmas trading in 2009.
Lasoo has also predicted that content, e-commerce, multi-channel integration, customer interaction and return on investments will be other key shopping trends this year.
After only launching in February 2010, GUESS' online store now provides greater product offering to include watches and jewellery on top of handbags, wallets, shoes and accessories for men and women.
Getprice has released its 2011 shopping report, which identifies the online shopping habits and behaviours of over 3000 consumers who visit its site.
The online Salvos Store has been launched to coincide with the charity's 'Shopping with a Conscience' campaign, which aims to inspire Australians to shop with the environment and community in mind.
In response to the escalating row over imposing GST on international online sales, independent online IT retailer estore.com.au offered customers a GST-free weekend on goods.
To help retailers better understand the opportunities of online retailing, the federal government will hold an online retail forum in early 2011.
With more local retailers finding it tough to compete against international competitors in the online realm, the federal government has announced the Productivity Commission will launch an inquiry into the future of Australian retail.
SLI Systems has revealed some top consumer online searches that retailers need to take note of as they prepare their sites and inventories for the holiday buying frenzy.
The study, which was carried out in conjunction with Forrester Research and The Leading Edge, also showed that while there’s a surge in overseas online shopping, domestically eCommerce is also growing rapidly.
Independent online price comparison site Shopbot.com.au has released details that online buying activity in Australia is continuing to surge despite a lot of uncertainty in the retail market.
The chief executive officer of Getprice Chris Hitchen has appointed Prue Cox as the company's business development manager.
A survey has revealed that only five per cent of Australians consumers feel that a company has exceeded their online customer service expectations, according to a new study commissioned by RightNow.
A recent study conducted by Galaxy Research for eBay revealed that Australian households are hoarding 120 million unwanted items worth more than $5 billion.