Big data is a topic all over the world, but how retailers can collect the right information in standard formats is the key question.
One of the things that motivate us here at getchee is our view that store development professionals in emerging markets really lack some of the high value tools and data that retailers use extensively in North America and Europe. Many other aspects of enterprise operations — from accounting, to production management, to supply chain, to human resources — have undergone significant transformation in recent decades as software solutions have brought changes to these business processes.
I spoke at ICSC’s Repositioning to Realize Potential conference last week in Hong Kong. You can find my presentation here. I learned a lot about market trends as I prepared for the event. More importantly, I learned a lot from the other presenters at the event. Here are a few things I’d like to share with you. Read the rest of this entry »
Tmall, the B2C unit under China’s largest e-commerce company Alibaba Group, yesterday said it will offer 300 million Yuan (US$48.4 million) worth of cash vouchers and encourage consumers to share gift coupons with friends to allow more participants at its annual shopping spree on November 11. Read the rest of this entry »
In the recent article “5 things to know about Chinese consumers” it was pointed out that “Chinese consumers love to buy gifts.” This is because Chinese culture is filled with festivals and gift-giving occasions, which means Chinese consumers often enjoy shopping for others more then they do for themselves.
Here are 8 Chinese holidays retailers need to know about, and a few ideas on how to provide Chinese consumers with what they’re looking for.