Retailer Survival And The Role Of Digital Marketing
In the wake of the Great Recession, it appeared that brick-and-mortar retail was all but over. Pundits used terms like “retail apocalypse” as weak consumer spending led to deep declines in sales, which were already lagging due to the rise of online shopping.
Even in today’s strong economy, household incomes are not keeping up with inflation, and consumers are spending their money on other priorities, such as education, healthcare and housing.
Many established retailers continue to struggle in this environment. JCPenney, for instance, has seen declines in profits and store traffic. Sears is closing stores and filed for bankruptcy, months after it began thinning its marketing department. But it’s not all doom and gloom, as some retail stores see growth.
In August, Target reported its strongest same-store sales numbers in 13 years, and traffic to its stores rose 6.4% during the second quarter – the biggest increase since 2008. American Eagle Outfitters, Inc. has also had tremendous growth in the past year, gaining a solid 86.5%, compared to 29.87% industry growth. So how have these retailers survived as others have languished?
Click here to view original web page at Retailer Survival And The Role Of Digital Marketing
How to Use AI-Powered SEO Tools for WordPress eCommerce
SEO is a critical factor in the success of any e-commerce WordPress store. As competition…
0 Comments11 Minutes
Why Short-Form Videos Are the Future of Content Marketing
Your Instagram customers spend over 50% of their time watching short-form videos and reels. Rather…
0 Comments12 Minutes
The Role of Digital Marketing in Business Growth
Online marketing touches every aspect of a business, whether it is initiating the idea or for an…
0 Comments3 Minutes
AI Meets Authenticity: Balancing Automation and Human Touch in Content Marketing
Is your brand starting to sound like a robot? In a world where algorithms write faster than any…
0 Comments8 Minutes
Essential Tools for Enhancing Web Design and UX Hosting
Have you ever visited a website that felt slow, clunky, or confusing? A website that is poorly…
0 Comments11 Minutes
How a Mini Cart Transformed My Store’s Shopping Experience
Okay, real talk—running an online store is hard. You think you’ve got everything figured out, you…
0 Comments9 Minutes
Balancing Your Security Initiatives With Industry Compliance Requirements
Managing a business today comes with a number of daily battles that need to be fought. Resources…
0 Comments11 Minutes
Best plugins to enhance the customer shopping experience
Customer experience is a key part of every online store. A good experience helps customers find…
0 Comments7 Minutes