Fashion is a continuous, dynamic and evolving industry where new trends are created every season by changing consumer preferences. Developed to meet the demand of time-strapped consumers, fashion retailers have revolutionized the fashion industry with the introduction of “fast fashion”. The popularity and widespread adoption of fast fashion strategies has made it possible for brands and retailers to offer affordable yet high-quality clothes at competitive prices.
Read more ...As a millennial in the retail industry, I am a sensory-driven person. The best way to sell an item is to make it look great, smell good, and taste amazing. Food sample stations throughout Whole Foods are a great example of this concept. You may not have come in looking for vegan muffins, but if you get a taste, you might not leave the store without them. Sephora’s makeovers are another perfect case study of retailers offering demos. Shoppers who come in to buy foundation might just fall in love with the lip stain employees put on them.
Read more ...An e-auction is an online marketplace where the sellers and buyers are not present physically in the same place, but interact remotely through a website
Read more ...The ability to attract talent is essential for business success. Many companies focus on the salary their employees receive and overlook other resources such as benefits, training and career growth opportunities. Workers are one of the most valuable assets for any company because they add value above and beyond their salaries. Therefore, developing a strong human capital management strategy can help businesses attract and retain talented workers
Read more ...Social media marketing and community management are often used synonymously. While social media marketing and community management are closely intertwined, they’re actually separate functions. Social Media Marketing You'll build a relationship with your users through content marketing.
Read more ...In Vietnam, market research is more than just a marketing tool. It is a necessary step to determine whether or not a new product/service will be a success and if it truly meets the expectations of its target audience.It also gives you insight on which factors are influencing the success of your product/service in this industry. Market research allows businesses to spot opportunities and plan for future expansions, so they can increase their sales, or even remove products that no longer meet expectations
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