Foxintelligence’s Post

📢2024 Global Voices Survey Results📢 The #ecommerce opportunities in LATAM and APAC are growing a rapid pace. But to win them, brands cannot copy-paste expansion strategies. We surveyed shoppers in four key markets to find out what they expect from retailers and the online shopping experience. #GlobalVoices #DTC #Crossborder https://hubs.li/Q02qDqgX0

IT Expert in Retail needs to read this . . . Did you know? A whopping 80% of Southeast Asian consumers🛍️ are more likely to do business with a company that offers personalised experiences! The days of generic marketing blasts are over. Today's savvy SEA shoppers crave tailored experiences. ❓What they want you Ask ❓ ☞Recommend products they genuinely want to buy? ☞Show dynamic content that keeps them engaged? ☞Create a seamless shopping experience they'll rave about? In today's dynamic e-commerce landscape, personalisation is not just a buzzword; it's a game-changer! I recently dove into the challenges faced by E-commerce businesses in Southeast Asia, and one recurring theme emerged: the need for a personalised customer journey. Read more in my Article: https://lnkd.in/gG6y8dPM #personalization #ecommerce #SEAregion #customerexperience #conversionrates

To truly thrive, brands must create seamless, interconnected experiences across all channels. Retailers must go beyond merely establishing a presence in one channel; they need to develop an integrated infrastructure that unites every aspect of commerce—whether online, in-store, or in between.   Shopify's latest Australian retail report highlights that a quarter of consumers (26%) enjoy both in-store and online shopping equally. The goal is to achieve a level of consistency and integration that makes the customer’s journey feel fluid and unified, regardless of how or where they choose to engage. Read the full report here: https://lnkd.in/gKuvABEE #UnifiedCommerce #RetailInnovation #OmnichannelExperience #DigitalCommerce  #Globalbrandedcommerce

An interesting read on Temu's surging popularity in France. Less than two years since it launched in the US in September 2022, Temu now operates in 70 markets around the world. Its innovative model—connecting Chinese-based manufacturers to global consumers—has disrupted the global e-commerce landscape. Aggressive marketing and discounting has allowed Temu to take away market share from incumbents in most markets, especially Amazon. Moreover—as I noted last week in response to the news that Amazon is set to launch a Temu-like marketplace for low price Chinese-made goods—Temu has a highly engaging interface that makes shopping fun. In this way, Temu borrows from the innovations of its parent company PDD Holdings and other Chinese e-commerce platforms. If you've followed me for a while, you know my view that China leads the world in e-commerce innovation, ranging from logistics to social commerce, from livestreaming to other merchant ad tools. Amid inflation and economic pressures on consumers in several markets, it's no surprise that consumers are embracing Temu. Many analysts have treated Temu as a purveyor of knick knacks with eccentric branding. But as Temu expands its reach and its product assortment, it's time we see Temu for what it is: a serious global e-commerce player and disruptor.

Do you know what contemporary consumers are like and what has the greatest influence on their attitudes and purchasing behaviors? 🤔 Two reports that reflect the perspectives of Polish consumers can provide some answers: 💡 The report from Strategy& Polska PwC Polska, "Optimism Only Where There Is a Low Price. Attitudes and Purchasing Behaviors of Polish Consumers," which indicates that promotions and price discounts attract the attention of nearly half of consumers (47%), and delivery speed is crucial for 45% of respondents: https://lnkd.in/eKCSB-g3 💡 Our report, "Customer Journey 2024. Searching and Purchasing Products Online," developed in collaboration with Minds & Roses, which shows that for 38% of online shoppers, the key factor is the balance between high quality and attractive price, and even a 10% price reduction can persuade buyers to change their place of purchase: https://lnkd.in/eenmiSVu #trends #ecommerce #CustomerJourney #AllegroAdvertising

Thinking about expanding into new markets? 🌍🤔 You should find out which countries cross-border shoppers tend to buy from. China is the rising star in global e-commerce, being the choice of 57% of consumers according to the DHL E-Commerce Trends Report 2024. But there is also a significant demand for goods from European countries. Online shoppers are buying from Germany, the UK and France. 💡 Interesting to note: Consumers who shop on social media buy more from a wider range of countries. One reason for this could be because they are making a purchase directly on a platform they already use and trust. #ecommerce #ecommercetrends #consumerinsights

Future of Ecommerce: Insights from 4,000+ Shoppers A recent survey across the US, UK, Australia, and Canada reveals a significant shift in online shopping trends. Despite trust issues, platforms like Temu and Shein are attracting shoppers with their unbeatable prices. The future of ecommerce is clear: value speaks louder than trust. Chinese marketplaces are emerging as major players in the global online shopping landscape. Discover more insights here: https://bit.ly/4d22tTm #FutureOfEcommerce #Futurism #OnlineShopping #ConsumerTrends #MarketInsights #Ecommerce #BusinessGrowth

Very interesting to see the stats on SHEIN and Temu's market share increasing.⬆ Both have grown significantly to around 20-30% share in several countries according to the International Post Corporation (IPC) Cross-Border E-Commerce Shopper Survey 2023 which looked at over 30,000 consumers from 41 countries in Europe, Asia-Pacific and the Americas. #ecommerce #shopperdata #crossborder

🌟 Price, promotions, and convenience are key factors for APAC consumers. How can your brand align with these preferences and stand out in the crowded e-commerce space? Our article provides in-depth analysis and practical strategies. Get the full scoop here: https://lnkd.in/gzFzE5GU

This #report looks at what shoppers from four of the fastest growing #ecommerce markets expect from online #retailers, including: ⭐ How much shoppers plan to spend on online purchases ⭐ What shoppers consider when buying #crossborder ⭐ What shoppers are motivated by when shopping brands ⭐ What opportunities brands have in #global markets ⭐ How Asendia can enable global growth for brands Learn more and download your copy today! https://lnkd.in/epWK8jkG