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The Evolution of Retail: What Brands Need to Know [Infographic]

The Evolution of Retail: What Brands Need to Know [Infographic] | Innovation | Scoop.it

The retail environment is changing faster than many brands realise. The evolution of retail is developing and brands need to embrace these new trends.

 

Back at the turn-of-the-century (I just love saying that) I was in retail management. Dance music retail to be specific. The stores that I ran pioneered cutting edge dance music and thanks to DJ culture, good old analogue 12” vinyl was actually experiencing sales and usage growth. Oh, how quickly things can change. It was around that same time that iTunes launched and changed the way that we purchase, manage and play our music forever. That was one of the first signs of the evolution of retail.

Fast forward 14 years and that sector of retail has changed so radically that now DJ’s can purchase music live on their smartphone in the middle of a playing a gig. According to data from Baynote the retail industry is forecast to experience more change over the course of the next five years than it has during the past one hundred years. News Corp CTO Tom Quinnrecently told CeBIT attendees that consumers are now innovating faster than businesses. Dynamic brands are capitalising on some emerging retail trends, however businesses that ignore the evolution of retail could be left behind.

In this article you will learn:

How innovative use of digital media can help win businessFive trends that are transforming the retail industryQuick fix digital media solutions to cover the basicsImportant things to know about retail in 2014 with a helpful Infographic


Via Russ Merz, Ph.D.
Filiberto Amati's insight:

The future or retail

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Orlando Delgado's curator insight, June 17, 2014 9:15 AM

Retail as a sector needs to adapt to new market forces...

Sue Walsh's curator insight, June 23, 2014 5:32 AM

Another beauty. Make sure you read your way to the info graphic ...

corneja's curator insight, July 6, 2014 2:08 PM

42 % of consumers expect a reply from the brand within an hour! This data has surprised me.  The infographic shows a lot of useful information about retail.

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The mighty rise of purpose marketing

The mighty rise of purpose marketing | Innovation | Scoop.it
Marketing with a purpose, building brands with purpose: purpose marketing
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Crowdfunding, Crowdlending and ECrowd!

Crowdfunding, Crowdlending and ECrowd! | Innovation | Scoop.it
Crowdlending and crowdfunding according to ECrowd!
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Brand Valuations: the verdict is out

Brand Valuations: the verdict is out | Innovation | Scoop.it
Comparing Brand Valuations: Millward Brown, Interbrand, Brand Finance
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Five aspects to know before going into corporate venturing

Five aspects to know before going into corporate venturing | Innovation | Scoop.it
Aspects to consider when starting in corporate venturing
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War rooms and Innovation

War rooms and Innovation | Innovation | Scoop.it
Your innovation team needs a war room, to be more creative and take decisions
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The present and potential future of Trade Marketing

The present and potential future of Trade Marketing | Innovation | Scoop.it
Traditionally trade marketing has been relegated to a secondary place in the marketing discipline: a bit too close to the commercial functions, but also due to the fact that big budgets reside – or should we say, used to reside – on consumer promotions. But with the increasing power of trade customers and the proliferation of brands, trade marketing becomes key to connect with shoppers in the first place, and of course it is key in ensuring that channel promotions are effective marketing tools,
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HealthNewsDigest.com Lack of Trust In The Health Care Industry: A Branding Crisis

HealthNewsDigest.com Lack of Trust In The Health Care Industry: A Branding Crisis | Innovation | Scoop.it

By Michael D. Shaw, Contributing Columnist - HealthNewsDigest.com
Sep 1, 2014 - 12:01:18 AM

Filiberto Amati's insight:

My observations on the Brand Benefit Ladder as a solution the US Healthcare sector trust issues

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Innovation, Branding, Co-creation and Rituals with Amati & Associates | Entrepreneur Podcast Network

Innovation, Branding, Co-creation and Rituals with Amati & Associates | Entrepreneur Podcast Network | Innovation | Scoop.it
Filiberto Amati, the Founder of Amati & Associates, a group of Innovation Catalysts, Branding Architects and International Experts that works with a variety of multinational companies and top consumer products throughout the world joins Enterprise Radio.
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The Evolution of Retail: What Brands Need to Know [Infographic]

The Evolution of Retail: What Brands Need to Know [Infographic] | Innovation | Scoop.it

The retail environment is changing faster than many brands realise. The evolution of retail is developing and brands need to embrace these new trends.

 

Back at the turn-of-the-century (I just love saying that) I was in retail management. Dance music retail to be specific. The stores that I ran pioneered cutting edge dance music and thanks to DJ culture, good old analogue 12” vinyl was actually experiencing sales and usage growth. Oh, how quickly things can change. It was around that same time that iTunes launched and changed the way that we purchase, manage and play our music forever. That was one of the first signs of the evolution of retail.

Fast forward 14 years and that sector of retail has changed so radically that now DJ’s can purchase music live on their smartphone in the middle of a playing a gig. According to data from Baynote the retail industry is forecast to experience more change over the course of the next five years than it has during the past one hundred years. News Corp CTO Tom Quinnrecently told CeBIT attendees that consumers are now innovating faster than businesses. Dynamic brands are capitalising on some emerging retail trends, however businesses that ignore the evolution of retail could be left behind.

In this article you will learn:

How innovative use of digital media can help win businessFive trends that are transforming the retail industryQuick fix digital media solutions to cover the basicsImportant things to know about retail in 2014 with a helpful Infographic


Via Russ Merz, Ph.D.
Filiberto Amati's insight:

The future or retail

more...
Orlando Delgado's curator insight, June 17, 2014 9:15 AM

Retail as a sector needs to adapt to new market forces...

Sue Walsh's curator insight, June 23, 2014 5:32 AM

Another beauty. Make sure you read your way to the info graphic ...

corneja's curator insight, July 6, 2014 2:08 PM

42 % of consumers expect a reply from the brand within an hour! This data has surprised me.  The infographic shows a lot of useful information about retail.

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Kavalan, Taiwan's First Whisky Distillery

Kavalan, Taiwan's First Whisky Distillery | Innovation | Scoop.it
The island's first single malt ages twice as fast due to the sub-tropical climate
Filiberto Amati's insight:

#SingleMalt from #Taiwan

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Moët & Chandon's Le &

Moët & Chandon's Le & | Innovation | Scoop.it
The historic champagne house creates a unique sensory dinner experience with renowned chef Yannick Alléno
Filiberto Amati's insight:

Unique sensorial experiences, the Moet way

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Print ad is also a wristband that lets parents track their kids on the beach

Print ad is also a wristband that lets parents track their kids on the beach | Innovation | Scoop.it
The NIVEA Sun Kids magazine ad can be ripped out and turned into a trackable wristband that warns parents if their kids stray too far.
Filiberto Amati's insight:

#Innovation based on relevant parents' insights

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Five aspects to consider before going into corporate venturing

Five aspects to consider before going into corporate venturing | Innovation | Scoop.it
Aspects to consider when starting in corporate venturing
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Sustainable Business Model Archetypes

Sustainable Business Model Archetypes | Innovation | Scoop.it
Sustainable business models can be clustered in three segments
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Management intuition for the next 50 years | McKinsey & Company

Management intuition for the next 50 years | McKinsey & Company | Innovation | Scoop.it
The collision of technological disruption, rapid emerging-markets growth, and widespread aging is upending long-held assumptions that underpin strategy setting, decision making, and management. A McKinsey Quarterly article.
Filiberto Amati's insight:

Intuition at the core of strategy development, according to McK.

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Brand Laddering: The Framework for Specific Product Benefits and Credibility - Rescue a CEO

Brand Laddering: The Framework for Specific Product Benefits and Credibility - Rescue a CEO | Innovation | Scoop.it
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Consumer Rituals to Drive Growth: Identifying Sources of Influence | Rescue a CEO

Consumer Rituals to Drive Growth: Identifying Sources of Influence | Rescue a CEO | Innovation | Scoop.it
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Digitizing the consumer decision journey | McKinsey & Company

Digitizing the consumer decision journey | McKinsey & Company | Innovation | Scoop.it
In a world where physical and virtual environments are rapidly converging, companies need to meet customer needs anytime, anywhere. Here’s how. A McKinsey & Company article.
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MINI Unveils Superleggera Vision Concept

MINI Unveils Superleggera Vision Concept | Innovation | Scoop.it
British charm and Italian seductiveness are combined in a lustful little roadster
Filiberto Amati's insight:

Mini concept car #innovation

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Piketty findings undercut by errors - FT.com

Piketty findings undercut by errors - FT.com | Innovation | Scoop.it
Thomas Piketty’s book, ‘Capital in the Twenty-First Century’, has been the publishing sensation of the year. Its thesis of rising inequality tapped into the zeitgeist and electrified the post-financial crisis public policy debate. But, according to
Filiberto Amati's insight:

growing inequality or not?

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