Retailers face sales slump as shoppers await discounts
As the eagerly anticipated Black Friday and Cyber Monday sales events approach, new research suggests that retailers may experience a temporary slowdown in sales.
As the eagerly anticipated Black Friday and Cyber Monday sales events approach, new research suggests that retailers may experience a temporary slowdown in sales.
A whopping 53% of Australians are contemplating utilising AI to discover the top discounts this upcoming holiday shopping season.
“For consumers, reviews are relatable and authentic, and genuinely influence their decision to engage a business, whether they’re a high street retailer, a hair salon, a tradie or something else entirely,” Dave Scheine, Country Manager, Australia at Podium.
From pre-Black Friday to post-Boxing Day Sales, here’s how businesses can get huge results on a tiny budget.
Small Australian businesses are asking consumers to think before buying this Black Friday.
After an incredibly challenging year, the upcoming Black Friday sales on the 27 November presents as an attractive opportunity for engaging new customers. However as both a non-Australian event and a sale that typically involves lucrative discounts, participating in Black Friday may not actually benefit your business’s margins. This week we ask: Black Friday – […]
Retail spending jumped by a better than expected 0.9 per cent in November, easily beating economist forecasts of a 0.4 per cent increase. November’s Black Friday sales fuelled a better-than-expected monthly retail turnover, but economists are wary of how much of the 0.9 per cent increase would previously have been spent during December. Consumers shelled […]
In the past month, we’ve seen a number of large-scale online flash sale events take place both domestically and internationally. Black Friday and Cyber Monday in the US brought in $2.72 billion and $3.07 billion in sales respectively, while Singles Day in China saw Chinese consumers splash out a massive USD$14 billion in a single […]
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