2022, what a year; two threats, inflation, and the looming recession, require retailers to be more vigilant for the new semester shopping season. Consumer wallets feel constrained by the higher prices of essentials, leaving less room for discretionary spending. And while a new grade will need a new pen and notebook, you may not need a new backpack.
Understanding these shopper approaches will help retailers understand what most important and what drives families is to buy during the recession. Connected with this knowledge, retailers can perfect their digital platforms, take the necessary precautions, and address the nuances of each type of shopper.
*Note: These insights are from 2021 Back to School stats combine with the current commerce buying behavior.
It is expected that such patterns may change as the pandemic declines and flows. Twenty-six percent of respondents collected information focused on reading product reviews. 11% downloaded the list of licensed schools and a similar number created a shopping list on their website. Only 4% surveyed online dormitory lists and recommendations. It was irreplaceable for my own experience. It was interesting to see 9% still reading the newspaper newsletter, so they still play a role.
How do retailers know what trends they are responding to, and which are changing the behavior of shoppers? Let us look at the shopping trends and how companies can develop retail marketing strategies to meet shoppers.
The common process of drug repurposing Drug repurposing (DR) involves exploring new medical uses for existing drugs, including approved, discontinued, shelved, and investigational therapeutics. Drug
This video uses historical data and this public patient report to provide a summary and key indicating information to make more informed and speedier decisions. All performed in minutes!
Stay ahead of the market while it’s happening