Offline Retail

3 Ways Retail Store Owners Can Win, Despite E commerce

Brick-and-mortar retail stores are starting to make a shift into digital. This has got retailers wondering whether the future of retail lies online. It is true that the world is propelling towards digitisation. Yet, in the world of retail, there are still many reasons to believe that physical retail stores are not leaving the scene just yet. In our work with retailers in Asia, we have found many who continue to succeed in offline retail, despite the competition from eCommerce.They used technology in simple but focused ways to drive footfall, interact and cross-sell customers. In fact, offline retailers gain significant advantages over eCommerce players the moment they start to incorporate tools and digital capabilities into their overall sales approach. We combined some of these learnings ...

Key Trends Every Filipino Retailer Must Know Before 2018’s Christmas Shopping Season

Christmas, the biggest shopping season of the year, and e-commerce festivals like Black Friday and Cyber Monday spur the retail binge in the Philippines. This makes it the perfect time for consumers to scout out deals or finally buy those big-budget items. Take a peek at how Filipinos will be searching and what they’ll be searching for this upcoming shopping season. Q4 is peak shopping time in the Philippines as e-commerce festivals and Christmas spur on the retail binge. Google is a key companion on this journey. Read on to find out what captivates consumer interest at the height of the festive season. Online search complements the offline purchase journey. The growing rate of searches for apparel, accessories and electronics indicate that people turn to Google for inspiration and informa...

Report: Dongdaemon, the Backbone of Asian Fashion

Every year, ~US$ 10b of fashion goods transact online in S. Korea. With ~30K Korean online fashion stores exporting products overseas in 2014 and ~70K today, fashion eCommerce in S.Korea is a fast growing industry and export contributor. Korea itself exports ~US$2b of apparels annually and counts China, Japan and the US as key export destinations. Offline, the downtown area of Dongdaemon, Seoul, is home to more than 30K fashion retailers. At 8pm every night, wholesalers in apm Place spring to life. Buyers from Shenzhen, Chong Qing, Guangzhou, Taipei, Singapore, Indonesia and many other Asian cities flood the mall which operates till 5am every day. Every outlet is nicely decked out with instore displays and the latest Korean fashion wear. Store owners closely guard their designs, prohibitin...

Why Empty Units Have Become A Common Sight in Malaysian Malls

Earlier in January, Free Malaysia Today reported that 27 new malls would be popping up around Kuala Lumpur by 2028.  With retail occupancy being at an all time low, Malaysians were baffled by the news. The Klang Valley, which constitutes Putrajaya and Selangor, exhibits 59 million sq ft of mall space, a figure equivalent to 51 Suria KLCC malls. Yet, despite the lack of demand and necessity for shopping malls, new ones seem to be popping up left, right and centre. Malaysian Malls Are Getting More Empty, But New Ones Are Still Being Built.

Consider These 4 Things When Opening a Brick-and-Mortar Store

The landscape of the retail industry has changed vastly ever since online shopping became more accessible. However, most companies that possess a product line and capital still choose to diversify their sales with brick and mortar (B&M) stores. Opening a physical store is not cheap, and there are many questions that should be asked before deciding if the investment is worthwhile. Here are some key insights reflect on: 1. People, products and problems. Online shopping sees its’ fair share of problems, especially in fashion and retail. Shoppers are unable to try out clothes before purchasing them, and sometimes end up with a disastrous product on their end. Are you able to ensure that the descriptive is enough to guarantee customer satisfaction? Where clothes are concerned, most people o...