Consuelo Marquez
'Delightful distractions' and 'value hackers' amongst top 2024 consumer trends: report
'Delightful distractions' and 'value hackers' amongst top 2024 consumer trends: report
Euromonitor International said AI and sustainability initiatives will continue to trend next year.
Baijiu sales growth in China propelled by banquet demand
The distributors’ average advance payments grew by 7% YoY in Q3 2023.
Singapore electronics store taps payment firm for seamless online shopping
Stripe helps LG Electronics to ensure optimal experience during peak season.
Brands’ platform priorities start to shift: report
More brands are confident in using LinkedIn, WhatsApp, and Instagram.
ZALORA seizes opportunity in revenge tourists’ purchasing power
The e-commerce platform added more travel-related items catering to the rise in travel searches from customers.
Thailand’s food business to repurpose excess food products into pet treats
Tops, which is under Central Retail, does this by partnering with a startup.
FairPrice Group commits $2.9m to help SMEs in cash flow and business survival
The funding programme benefits more than 500 SME suppliers in Singapore.
JD.com sees above ¥100m sales in first 5 minutes of ¥10b-discount programme
Its sales and user order volume were four times higher than 2022’s figures.
Time on shopping apps to reach 26.6 billion hours due to holidays
Data.ai’s figures also showed that this is a 6% increase compared to the past quarter.
The majority of SEA consumers will go on a hybrid holiday shopping setup
A study showed that 81% choose mobile for their shopping purchase.
Food inflation concerning for South and Southeast Asia in 2024
El Niño will impact the production of rice, coffee, and cocoa.
Shein’s market share rise to 2.2% due to high sales in the UK
It is the 14th largest apparel retailer in 2022, with a 1.7% market share.
Asian food makers expand functional offerings to bakery and savoury snacks
The bakery and cereals market is valued at US$2.4b.
Easy and challenging steps to make SG brands ‘world-class’ competitive
Marketing experts advise investing in omnichannel strategies and talent to diversify brands in a global space.
Which e-commerce industry got the highest number of complaints from customers?
The electronics and electrical industry received 653 total complaints.
Here are reasons why customers keep getting negative experiences from brands
Marketing materials are too irrelevant.
The majority of business leaders have difficulty reaching potential new customers
Certain strategies for reaching customers are no longer effective.
Commentary
How retailers can lead the charge in the AI future