After consulting with their contributors and stockholders, shopping experts have redefined the retail trends for the year, 2016. Following are the 7 most important trends or aspects that will shape how you will or should shop in 2016.
I. Amazon Would Face Challenges
Most of the reputed retailers such as Walmart, Target, and Nordstrom etc. have started to impact on their shoppers while implementing better technology and enhanced shopping services. No matter, Amazon is the father of digital retailing industry for many years; however, this time Amazon will have to review its tactics and marketing strategies due to heavy competition in retailing industry. If you are looking for getting the best deals on Target, Walmart, or Nordstrom products then there is no better place than Paylessdeal, where you can compare and shop your heart favorite products at the cheapest rates.
II. Retailers Will Exploit the Mainstreaming of the Health & Wellness Trend
In 2016, retailers will fully utilize its trends of health and fitness. And, it will help for those shoppers especially who are interested in other than just traditional food. On the other hand, it will create opportunities for hundreds of brands as well to display their products on a single platform.
III. Entrance of Beacon Technologies
Beacon sensors, which are used in shelves, displays, and signs, will continue to grow for in-store mobile technology due to the heavy completion among various online retailers.
IV. Retailers Will Calculate Customers data beyond eCommerce & Marketing
Advance shopping analytics will be implemented to improve localization, which is suspected as a crucial aspect in 2016. These advance analytic algorithms will also assist to improve the product’s design & demand infrastructure as well as demand and pricing decisions.
V. Online Surge will impact Store Closings
It is also suspected that more and more stores, especially smaller ones, will be shut down this year due to the huge rise in eCommerce and price comparison shopping.
VI. Retailers Will Pursue with Food
Retailers have become intelligent now and they are finding more ways to boost up the business as soon as possible. In 2016, one of the trends will be to offers shop mouthwatering food online to attract more customers.
VII. Apparel Sales and Gains
According to Bloomberg intelligence, apparel sales will probably increase in 2016. And, the reason behind is the fashion trends, which will not change in a massive way. On the other hand, people will look for fitness apparel more instead of fashion apparel. It is good news for clothing retailers such as Under Armour too, which sells big range of fitness apparel. To shop at Under Armour and similar brands online, always try to visit Paylessdeal where you will be able to compare prices and get a cheap buy in a convenient way.