Trends in Retail by Scott L https://padlet.com/scott_lumley/3vy6nl5sfser Put your answers here en-us 2019-09-23 11:35:52 UTC 2019-10-15 12:19:00 UTC hello@padlet.com https://padlet.pics/1/image.webp?t=g_auto&url=https%3A%2F%2Fpadlet.net%2Ficons%2Fpng%2F1f600.png multi-channel retailing https://padlet.com/scott_lumley/3vy6nl5sfser/wish/388096414 1. This is when you have different ways of purchasing goods from retailers like in-store, online and over the telephone 
2.it is trending because it appeals to everyone in all generations. 
3.I think this is a good strategy as it will allow access to more sub-sectors rather using one and niche the market, a lot of companies are doing clicks and bricks instead of just clicks or bricks.
George]]> 2019-09-23 12:06:47 UTC https://padlet.com/scott_lumley/3vy6nl5sfser/wish/388096414 subscription ecommerce, business model in which a customer must pay a recurring price at regular intervals for access to a product or service. these are convenient, personalized and are often lower cost way to purchase products. trending because products can be purchased at a cheaper rate so consumers are saving money. more convenient. https://padlet.com/scott_lumley/3vy6nl5sfser/wish/388096587 t
c]]> 2019-09-23 12:07:10 UTC https://padlet.com/scott_lumley/3vy6nl5sfser/wish/388096587 Geor https://padlet.com/scott_lumley/3vy6nl5sfser/wish/388096752 2019-09-23 12:07:29 UTC https://padlet.com/scott_lumley/3vy6nl5sfser/wish/388096752 Experiential retail https://padlet.com/scott_lumley/3vy6nl5sfser/wish/388096757 Refers to a store in which stuff happens in addition to selling.
Stand out in a crowded market .

]]> 2019-09-23 12:07:30 UTC https://padlet.com/scott_lumley/3vy6nl5sfser/wish/388096757 FARRON https://padlet.com/scott_lumley/3vy6nl5sfser/wish/388097259 What is it?
The topic eCommerce shipping is a service that companies employ in order to ship the products that they sell on the internet and this eCommerce shipping makes it more manageable and affordable.  
Why is it Trending?

The reason why this is starting to become a trend is because nowadays a lot of people are buying more of their stuff on the internet and purchasing things from overwaters due to there being an option to do so, so now companies are employing this shipping service to help create and expand the business to sell in all different countries. 

In my opinion I think that they are trying to speed up the delivering of the products because purchasing online is becoming a growing trend so by speeding up the delivery then more people will buy products because they then know they wont be waiting as long then businesses will start to see increases in sales. 

]]> 2019-09-23 12:08:28 UTC https://padlet.com/scott_lumley/3vy6nl5sfser/wish/388097259 Experiential retail is a type of marketing where customers purchase the product from the store but the store may offer a different experience eg live music, this means that it differs from online shopping because there's more interaction within society if they shop in store. This is the trend because it's different and customers prefer to have a unique experience. I think this is a good way to appeal to customers however I understand it is hard for stores to all provide different experiences and sometimes cannot afford to fail https://padlet.com/scott_lumley/3vy6nl5sfser/wish/388097402 Xhantielle]]> 2019-09-23 12:08:45 UTC https://padlet.com/scott_lumley/3vy6nl5sfser/wish/388097402 bailey https://padlet.com/scott_lumley/3vy6nl5sfser/wish/388097554 1- experiential retail is where a retailer adds new additions within their shop in order to improve the customer's experience beyond their original expectations of their experience, these consist of instore events and visits which gather information about their customers
2- in-store events give the customer another reason to visit the store outside of their normal purchasing habits, this also creates a stronger bond between the customers and the brand.
3-i think that experiential retail is very effective. it is also believed that physical retail is diminishing and that by 2025, it will only account for 80% of all purchases, compared to todays 83%.]]> 2019-09-23 12:09:03 UTC https://padlet.com/scott_lumley/3vy6nl5sfser/wish/388097554 Subscription ecommerce allows you to pay a certain amount of money in a long period of time for a service or product. This is a more affordable and common option. It allows customers to spread the cost. For example people tend to use Netflix more often because its more up to date with then places like video stores https://padlet.com/scott_lumley/3vy6nl5sfser/wish/388097630 chloe

]]> 2019-09-23 12:09:13 UTC https://padlet.com/scott_lumley/3vy6nl5sfser/wish/388097630 Subscription ecommerce allows someone to pay a regulated amount of money over a period of time for a service/product. These services are trending because they are convenient and are often a cheaper way to purchase products/services. I think these are a very popular way of buying products since it allows people to stay in the comfort of their own home and pay for what they want whilst making cheaper regular payments, for example, Amazon includes free next day delivery which is more convenient for people who may not have time to go to shops. https://padlet.com/scott_lumley/3vy6nl5sfser/wish/388097981 Brad]]> 2019-09-23 12:09:55 UTC https://padlet.com/scott_lumley/3vy6nl5sfser/wish/388097981 Tyler https://padlet.com/scott_lumley/3vy6nl5sfser/wish/388097983 What is it
Ecommerce shipping is basically when companies will make their products easier and faster to buy and ship. But there has been a trend of companies speeding this up.
Why is it trending
I think it's trending as it companies are trying to make buying and selling products easier for their customers, this will make it more likely for customers to buy something. The fact that it is coupled with faster shipping is also perfect as it makes the transactions fast, then there won't be a big lengthy wait for the product to arrive.
What do I think
I think that rushing all of this is a pretty good idea, it makes it easier for everyone. People will be way more likely to buy something when they don't have to fill in a lengthy transaction.
]]> 2019-09-23 12:09:55 UTC https://padlet.com/scott_lumley/3vy6nl5sfser/wish/388097983 Nayeem https://padlet.com/scott_lumley/3vy6nl5sfser/wish/388098283 1) understanding the type of culture in some form of information to identify a culture. cultural codes are a set of images which are associated with a particular set of stereotypes.
2) they are trending because an organisation would like to suit themselves to their customers, and to do this they need to adapt themselves to their consumers' cultures (values and their views).
3) I believe that this is a good idea as if more and more businesses are adapting to their consumers values and and their views then they will be able to suit their products/services to their exact needs.]]> 2019-09-23 12:10:28 UTC https://padlet.com/scott_lumley/3vy6nl5sfser/wish/388098283 Culture coding is when a business is changing their exterior identity and match consumers' values and views. A business has to know what their customers beliefs are in order to gain loyal customers. Many people, mostly teenagers, change their preferences, so a business must follow other trends and social media in order to follow on what values and interests are popular now in order to keep existent and gain new customers. I think this is trending because more businesses are engaging with their customers and changing their values and stereotypes. It is more important to show their connection with customers and keep their relevance. https://padlet.com/scott_lumley/3vy6nl5sfser/wish/388098433 Liana 

]]> 2019-09-23 12:10:47 UTC https://padlet.com/scott_lumley/3vy6nl5sfser/wish/388098433 ecommerce shipping is a service that companies use to ship there products that they sell online. there trending because more people are buying online so they are more in demand. yes I do think its trending they are trying to make shipping faster as online as its more in demand. https://padlet.com/scott_lumley/3vy6nl5sfser/wish/388098780 2019-09-23 12:11:22 UTC https://padlet.com/scott_lumley/3vy6nl5sfser/wish/388098780 Subscription eCommerce is a service or subscription which you purchase online . An example of this would be Netflix, Spotify or anything you subscribe to online. They are trending because they are a lot easier to use, compared to the old days such as Blockbuster and buying CD’s. You can use this from all over the world for one monthly cost.I think it is a revelation, I use a lot of Subscription eCommerce myself. I think they work, and work very well in the way that they are effective and reliable, for a very low price each month. https://padlet.com/scott_lumley/3vy6nl5sfser/wish/388103159 CT - 4




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