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Milan’s Fashion Legacy: Monte Napoleone Takes Center Stage
click here to enter Voghion Global
Disclosure: This post may contain affiliate links. By clicking on a link and making a purchase, I may earn a commission at no additional cost to you.
#MonteNapoleone#LuxuryShopping#MilanFashion#LuxuryRetail#FashionCapital#ShoppingTrends#GlobalRetail#LuxuryBrands#HighEndFashion#RetailInnovation
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Conquer the World: Unveiling SCDL's Program for International Retail Success
The retail industry has shed its national borders. The rise of e-commerce and a globally interconnected society have opened doors for retailers to expand their reach far beyond their domestic markets. But venturing into the international arena requires a unique skillset that goes beyond understanding product trends and managing inventory. The Retail Management Program at Symbiosis University Distance Education or SCDL in short, recognizes this reality and equips aspiring retail professionals with the knowledge and tools necessary to flourish in the dynamic world of global retail markets.
Beyond Borders: Exploring Global Retail Strategies and Markets
SCDL's curriculum delves deep into the intricacies of global retail strategies, providing you with a comprehensive understanding of the complexities involved. Here are some key areas you'll explore:
Understanding the Nuances of International Markets: This goes beyond mere geography. You'll analyze factors like cultural nuances, economic conditions, legal regulations, and consumer behavior that significantly impact retail operations in different countries. Understanding these factors allows you to tailor your strategies to resonate with local markets.
Global Sourcing and Supply Chain Management: Navigating the intricacies of international sourcing is crucial for successful global retail operations. SCDL's program helps you understand the complexities involved, including managing logistics across borders, navigating customs regulations, and ensuring ethical sourcing practices throughout your supply chain.
Omnichannel Strategies for a Global Audience: A successful omnichannel strategy in your home market might not translate seamlessly to a new region. The program equips you to adapt your omnichannel marketing and sales strategies to cater to diverse customer preferences across different continents. You'll learn how to leverage social media platforms popular in specific regions, tailor online content to local languages, and integrate physical stores with e-commerce platforms in a way that resonates with the target audience.
Global E-commerce Landscape: E-commerce presents both unique challenges and exciting opportunities in the global marketplace. The program equips you with the knowledge to navigate this dynamic landscape. You'll explore topics like cross-border e-commerce regulations, adapting to different payment methods, and managing international fulfillment strategies.
Learning from the Best: Case Studies of Retail Giants
SCDL's program doesn't just focus on theoretical knowledge. It brings the global retail landscape to life through in-depth case studies of international retail giants. By analyzing the strategies employed by successful companies like Walmart's meticulous planning for global expansion or IKEA's success in adapting its product offerings and store layouts to different cultures, you gain invaluable insights into navigating the global retail landscape with confidence.
Building Your Global Retail Toolkit: Essential Skills for Success
SCDL's program goes beyond equipping you with knowledge; it prepares you for a successful career in international retail management. Here's how:
Developing Intercultural Competence: Building strong relationships with international business partners and customers is crucial for success. The program emphasizes developing intercultural competence, the ability to understand and effectively interact with people from different cultures. You'll learn about cultural etiquette, communication styles, and how to navigate potential cultural clashes.
Mastering Global Business Communication Skills: Effective communication across cultures is paramount. You'll hone your communication skills to ensure your message is clearly understood by international audiences. This includes understanding nonverbal communication cues, adapting your writing style to different regions, and mastering the art of active listening.
Building a Global Network: SCDL's program fosters connections with industry professionals and potential employers with a global reach. You'll have opportunities to network with classmates from diverse backgrounds, participate in guest lectures from international retail leaders, and potentially engage in international internship programs. This network can be a game-changer when seeking opportunities in the international retail market.
Embracing the Global Challenge
The global retail landscape presents a world of exciting challenges and opportunities for ambitious professionals. SCDL's Retail Management Program equips you with the knowledge, skills, and global perspective to navigate this dynamic environment with confidence. By understanding international markets, learning from industry leaders, and developing the necessary competencies, you'll be well-positioned to conquer the world of global retail and carve a thriving career path on the international stage.
#GlobalRetail#RetailCareers#SCDL#InternationalBusiness#RetailManagementProgram#CareerDevelopment#BusinessGrowth#OmnichannelRetail#GlobalMarketing
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The Retail Battleground: Brick-and-Mortar vs. E-commerce and the Rise of Instant Delivery
Written By: Gargi Sarma
Introduction:
Figure 1: Growth Comparison of Retail Sectors, WorldWide (2015 - 2027)
Global Views on Brick-and-Mortar, E-commerce, and Quick Commerce
Figure 2: Estimated Value of the In-Store and E-Commerce Retail Sales Worldwide from 2022 and 2026
Remarkably, brick-and-mortar sales growth outpaced e-commerce growth for the first time in 2021 (Forbes, 2022). This demonstrates how much customers still want the in-person purchasing experience. But physical establishments run the risk of slipping behind if they don't adjust to the internet world, including by providing click-and-collect options.
In recent years, e-commerce has grown at an exponential rate. Global e-retail sales are predicted by Statista to reach USD 6.5 trillion by 2023, making up more than 22% of all retail sales. In emerging nations like India, where smartphone usage and internet penetration are rising quickly, this trend is especially noticeable.
Instant Delivery: A Revolution in Retail
Figure 4: GMV of Quick Commerce in India, 2023 (Source: Redseer) According to Redseer, by 2025, the rapid commerce market in India is expected to grow at a rate of 10-15 times faster than any other market, with a valuation of almost $5.5 billion. This will put it ahead of other markets, including China, in terms of the adoption of quick commerce.
Shifting Logistics and Delivery Investment Dynamics
Figure 5: Logistic Business Models Which are Attracting More Funding for Startups
Conclusion:
Businesses need to be competitive as the retail industry changes and adjusts to shifting consumer tastes and technological improvements. Although e-commerce and rapid delivery services have unheard-of development prospects, these business models' viability depends on tackling regional obstacles and making investments in creative solutions. Retailers may prosper in a world that is becoming more digitally and globally integrated by embracing innovation and comprehending the distinctive dynamics of various markets.
About RapidPricer
RapidPricer helps automate pricing and promotions for retailers. The company has capabilities in retail pricing, artificial intelligence and deep learning to compute merchandising actions for real-time execution in a retail environment.
Contact info:
Website: https://www.rapidpricer.com/
LinkedIn: https://www.linkedin.com/company/rapidpricer/
Email: [email protected]
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Raspberry Processing House: Your Fashion Logistics Partner
Raspberry Processing House has worked and continues to work with some of the biggest high street retailer in the fashion industry around the globe. Our strengths lie on specializing in fashion logistic services such as storage, reprocessing, redistribution facilities', fulfillment centre, Pick and Pack and many crucial services required. We pride ourselves in forming long lasting relationships and commitments to our customers. Dedicated with 2 loading/unloading bays, storage room for hanging clothes and prepackaged clothes, 5 chamber tunnels, ozone machine, metal detector, automatic packaging machine, hand press line, efficient lighting and overlap clearance from the quality control work area. Our location is also less then 10miles away from Central London which benefits customers whose majority of offices are based in Central London so we can always accommodate when necessary.
https://www.appfutura.com/companies/raspberry-processing-house
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Leading Global Retailers of 2023
The retail industry is a major driver of the global economy, and the leading global retailers play a significant role in shaping the way we shop. These retailers are constantly innovating and evolving to meet the needs of their customers, and they are always looking for new ways to grow their businesses.
Welcome to the dazzling world of retail in 2023, where the shopping experience has evolved into something more than just a simple transaction. It's an era where retail powerhouses are reshaping the way we shop, making it a form of entertainment - or 'retailtainment,' as the industry insiders call it. Today, we're pulling back the curtain to reveal these leaders, who are not only defining retail trends but are also setting the pace for the global market.
Picture this: Fitting rooms equipped with augmented reality, fashion shows streaming live on your device, and an array of products at your fingertips. Sounds like a scene from a sci-fi movie? Well, it's not. This is reality for these globle retail brands.
This article will bring you up to speed on these retail moguls, their strategies, and how they've managed to hold their own in a fiercely competitive market. So, sit back, relax, and get ready to dive into the thrilling world of retail in 2023.
The following are some of the leading global retailers of 2023:
Leading Global Retailers of 2023
1. Walmart
Walmart is the world's largest retailer, with over 10,500 stores in 24 countries. The company offers a wide range of products, including groceries, apparel, home goods, and electronics. Walmart is also a leader in ecommerce, with its website and app generating billions of dollars in sales each year.
Official website: https://www.walmart.com/
2023 global ranking: 1
Special features:
Low prices
Wide selection
Convenient locations
Online and in-store shopping
Same-day delivery
Grocery pickup
Range of products:
Groceries
Apparel
Home goods
Electronics
Toys
Sporting goods
Automotive supplies
Home improvement products
And more!
Founder: Sam Walton
Founding date: July 2, 1962
Latest 2023 turnover: \$572.8 billion
Walmart is a multinational retail corporation that operates a chain of hypermarkets, discount department stores, and grocery stores in the United States, headquartered in Bentonville, Arkansas.
The company was founded by brothers Sam and James "Bud" Walton in nearby Rogers, Arkansas in 1962 and incorporated under Delaware General Corporation Law on October 31, 1969. It also owns and operates Sam's Club retail warehouses.
Walmart Inc. is the world's largest company by revenue, with about US$570 billion in annual revenue, according to the Fortune Global 500 list in October 2022. It is also the largest private employer in the world with 2.2 million employees.
Walmart is a leader in the retail industry, and it is constantly innovating to meet the needs of its customers. The company has been at the forefront of the ecommerce revolution, and its website and app are now among the most popular in the world.
Walmart is also expanding its brick-and-mortar presence, opening new stores in both the United States and internationally.
Walmart is a major force in the global economy, and it has a significant impact on the lives of millions of people around the world. The company is committed to providing its customers with low prices and a wide selection of products, and it is also working to improve the lives of its employees and the communities it serves.
2. Amazon
Amazon is the world's largest ecommerce retailer, with over 300 million active customers. The company offers a wide range of products, including books, electronics, apparel, and home goods. Amazon is also a leader in cloud computing, with its AWS platform being used by businesses of all sizes.
Official website: https://www.amazon.com/
2023 global ranking: 2
Special features:
Wide selection of products
Competitive prices
Fast shipping
Convenient returns
Amazon Prime membership program
Amazon Web Services (AWS) cloud computing platform
Range of products:
Books
Electronics
Apparel
Home goods
Toys
Sporting goods
Automotive supplies
Home improvement products
Grocery
And more!
Founder: Jeff Bezos
Founding date: July 5, 1994
Latest 2023 turnover: \$477.3 billion
Amazon is an American multinational technology company which focuses on e-commerce, cloud computing, digital streaming, and artificial intelligence. It has been referred to as "one of the most influential economic and cultural forces in the world", and is one of the Big Five American information technology companies, along with Alphabet, Apple, Meta, and Microsoft.
Amazon was founded in 1994 by Jeff Bezos as an online bookstore. The company quickly expanded to sell a wide variety of products, and it now offers everything from groceries to electronics to home goods. Amazon is also a leader in cloud computing, with its AWS platform being used by businesses of all sizes.
Amazon is a major force in the global economy, and it has a significant impact on the lives of millions of people around the world. The company is committed to providing its customers with a wide selection of products, competitive prices, and fast shipping. Amazon is also working to make its platform more accessible to people with disabilities, and it is investing in research and development to create new products and services.
In 2023, Amazon was ranked as the second largest global retailer by revenue. The company is expected to continue to grow in the coming years, as it expands its product offerings and its global reach.
3. Schwarz Group
Schwarz Group is the world's largest retailer of food and grocery products. The company operates over 13,000 stores in 12 countries. Schwarz Group's brands include Lidl, Kaufland, and Penny.
Official website: https://www.schwarz-group.com/
2023 global ranking: 3
Special features:
Low prices
Wide selection
Convenient locations
Online and in-store shopping
Same-day delivery
Grocery pickup
Range of products:
Groceries
Household goods
Clothing
Electronics
Toys
Sporting goods
Automotive supplies
Home improvement products
Founder: Josef Schwarz
Founding date: 1927
Latest 2023 turnover: \$165.3 billion
Schwarz Group is a family-owned multinational retail group that operates grocery shops under the Lidl and Kaufland brands. It is the largest European retailer and the fourth-largest retailer in the world by revenue.
The Schwarz Group was founded in 1927 by Josef Schwarz in Neckarsulm, Germany. The company's first store was a small grocery store in Heilbronn. Schwarz Group has grown rapidly over the years, and it now operates over 13,000 stores in 12 countries.
The Schwarz Group's brands include Lidl, Kaufland, and Penny. Lidl is a discount grocery store chain that operates in Europe and the United States. Kaufland is a hypermarket chain that operates in Europe. Penny is a discount grocery store chain that operates in Germany.
The Schwarz Group is known for its low prices and wide selection of products. The company also offers a variety of services, such as online shopping, same-day delivery, and grocery pickup.
The Schwarz Group is a major force in the global retail industry. The company employs over 500,000 people and generates billions of dollars in revenue each year. The Schwarz Group is expected to continue to grow in the coming years, as it expands its product offerings and its global reach.
4. Aldi
Aldi is a German discount retailer with over 10,000 stores in 19 countries. The company offers a limited range of products at low prices. Aldi is a popular choice for budget-conscious shoppers.
Official website: https://www.aldi.com/
2023 global ranking: 4
Special features:
Low prices
Limited range of products
Convenient locations
Simple shopping experience
Private label brands
Range of products:
Groceries
Household goods
Clothing
Electronics
Toys
Sporting goods
Automotive supplies
Home improvement products
Founder: Karl and Theo Albrecht
Founding date: 1946
Latest 2023 turnover: \$121.2 billion
Aldi is a German discount supermarket chain with over 10,000 stores in 19 countries. The company was founded in 1946 by Karl and Theo Albrecht, and it is now one of the largest retailers in the world.
Aldi is known for its low prices and limited range of products. The company's stores are typically small and simple, and they offer a limited selection of items. This allows Aldi to keep its prices low and its operations efficient.
Aldi also sells its own private label brands, which are often cheaper than national brands. The company's private label brands are known for their high quality, and they have helped Aldi to attract a loyal customer base.
Aldi is a popular choice for budget-conscious shoppers. The company's low prices and simple shopping experience make it a convenient option for people who are looking to save money.
In 2023, Aldi was ranked as the fourth-largest global retailer by revenue. The company is expected to continue to grow in the coming years, as it expands its global reach.
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How These Billionaires Stay Under the Radar and Still Dominate! Discover the untold stories of low-profile billionaires—from IKEA’s frugal founder to Zara’s elusive mastermind—proving that wealth doesn’t always crave the spotlight. https://www.youtube.com/channel/UC3o4B5eoAcewBjxvaeC5Rxg?sub_confirmation=1 In a world where many billionaires flaunt their wealth on social media and at high-profile galas, some of the richest people on the planet deliberately choose a different path. Take Ingvar Kamprad, the late founder of IKEA, who lived a modest life, traveled economy class, and even reportedly ate at budget-friendly restaurants. Amancio Ortega, the visionary behind Zara, is also famously private, rarely granting interviews despite heading one of the largest fashion empires. Then there’s Chuck Feeney, who chose to give away nearly his entire fortune to charity under the radar. For these individuals, money isn’t about status or fame—it’s a resource to further their business innovations and philanthropic causes. By maintaining an intentionally low profile, they let their ventures speak louder than their names. Their stories challenge the stereotype that extreme wealth and public recognition must always go hand in hand. 📂 For The Latest Stories on luxury travel, getaways goods, the rich, companies, Top 10’s, biographies, Lavish History, news, and more 📂 https://www.youtube.com/@Lavishangle 🎉 For business enquires contact us at full4sog (@) gmail dot com 💬 Don't forget to leave your thoughts in the comments below. We love hearing from you! 😍 and hit that bell to stay updated on all new videos we release. #lavishgetaways #thelavishandaffluentangle #thelavish&affluentangle #tlaa #shorts #shorts #shortvideo #shortsvideo #shortsviral #shortvideos #shortsyoutube #shortsbeta #viralshorts #viralshort #viral #viralreels #youtubeshorts #viralyoutubeshorts #viralshorts #viralshort #viralshorts2024 #IngvarKamprad #IKEAFounder #AmancioOrtega #ZaraFounder #ChuckFeeney #FrugalBillionaires #QuietWealth #HiddenFortunes #LowProfileBillionaires #SecretPhilanthropy #BillionaireLifestyle #WealthWithoutFame #UnderTheRadar #IKEA #Zara #FashionEmpire #AnonymousDonations #BusinessInnovations #PhilanthropicCauses #GlobalRetail #DiscreetWealth #StealthWealth #HumbleBillionaires #BusinessGiants #FrugalLiving via The Lavish & Affluent Angle https://www.youtube.com/channel/UC3o4B5eoAcewBjxvaeC5Rxg December 24, 2024 at 12:01PM
#lavishgetaways#luxurylifestyle#luxuryhotels#luxurytravel#luxuryliving#traveltheworld#travelgoals#Youtube
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Summer 2020 . . . We're back with another custom design from the house of Nit Ra Sit Originals, NRSO! 1-800-996-6770...
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Top Tips to Become a Global Retailer
Going global not only allows you to offer your products and services to a larger clientele but also lets you achieve economies of scale. In order to ensure that you undertake this endeavor in the right manner, here are some top tips to help you expand your business globally. http://bit.ly/BecomeGlobalRetailer
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Know why ShopClues has laid off 50 per cent of its workforce!
#brand strategy#RetailNews#RetailBrands#IndiaRetailing#GlobalRetailing#ApparelRetailing#GarmentRetail#FashionRetailNews#RetailNews2019#RetailBusinessNews#RetailNewsIndia#RetailIndustryTrends#RetailIndustryAnalysis#ApparelRetailNews#RetailSector#Retail
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The next batch is out ......don’t miss out on these little beauties .. . . . @house.online @pet.house.online @globalretailbrands #globalretail #afl @afl @afl.kids @aflwomens @carlton_fc @adelaide.football.club @crowsaflw @geelongcats #sport #australia https://www.instagram.com/p/By1c4OOgABz/?igshid=bxlmqdckqct2
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Do you have a retail shop in Paris, London, Toronto, Sydney, or Melbourne? We’re looking for a shop (in any sector: fashion, gifts, wine, etc.) that can host/carry a small selection of our product. This will help increase our brand awareness and potentially drive more traffic to your shop. We’ll also be paying you for every KW sale. If interested or you have more questions about this, please email us at: [email protected]
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Looking For Sublimated Printed Clothing! - Alanic Global
Retailers can find good quality wholesale sublimated clothing by contacting one of the popular sublimated clothing manufacturers named Alanic Global. To get an insight into the whole sublimation print, please read on the blog.
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Press Release ofthe Concluding Press Conference of the 121st Session of the Canton Fair
Sunchine Inspection: This article of Canton Fair, be worth to recommend.
The concluding press conference of the 121st session of theCanton Fair was held in the Canton Fair Complex on May 5. Xu Bing, Spokespersonof the Canton Fair and Deputy Director General of China ForeignTrade Centre introduced the general situation of this session.
Xu pointed out that the 121st session is a critical sessionimplementing the outlines of President Xi’s congratulatory letter and PremierLi’s instructions, thus it is of great significance of continuing the past andbreaking new ground for the future. With theattention and care of the central government, the State Council, with thesupport and the leadership of the Ministry of Commerce, Guangdong Province andGuangzhou municipal government, we stood firm in implementing the newdevelopment concepts, deepening reform and innovation and giving full play toCanton Fair’s platform of opening China up. We’ve strived for specialization,information technology application, market orientation and internationalapproach of the Canton Fair, promoted upgrading and optimization of the foreigntrade mix and boosted the development of China’s open economy. With theconcerted efforts of our staff, the 121st Canton Fair went onsmoothly and we reached our goals.
Xu said that the number and quality of overseas buyers both increasedthis session. Buyer attendance totaled 196,490 from 213 countries (regions), upby 5.87% over the 119th session.
In terms of buyer attendance of all continentsin descending order, the number of buyers from Asia totaled 112,314, taking up 57.16%of the total; Europe 32,664, accounting for 16.62%; Americas 29,998, accountingfor 15.27%; Africa 15,085 with 7.68% share, and Oceania 6,429 with 3.27% share.
Compared with the 119th session, buyerattendance from Asia increased by 5.5%, from Europe increased by 4.97%,Americas up by 9.6%, Africa up by 3.72%, and Oceania up by 5.36%.
The number ofbuyers from countries in the “Belt and Road Initiative” stood at 88,574, up by8.55%.
Buyer attendanceof the top 20 countries and regions accounted for 61.59% of the total, roughlythe same share compared with the 119th session. The top 10 countriesand regions in terms of buyer attendance are Hong Kong, the United States,India, Taiwan Province, Thailand, South Korea, Russia, Malaysia, Australia, andJapan.
Buyer attendancefrom China’s top 10 trading partner countries and regions accounted for 58.49%of the total, roughly the same level compared with the 119th level.
Altogether 1,119international chain companies attended the Fair. 109 out of the Top 250 GlobalRetailers in 2017 attended the Fair, 17 more than the 119th session.Among them there were 6 of the Top 10 retailers: Wal-Mart, Walgreen, Carrefour,Aldi, Tesco, and Amazon.
Regular buyerswith more than 10 times’ attendance totaled 48,914, up by 1.61%; buyers withmore than 15 times’ attendance 35,502, up by 4.45%.
Buyer attendanceproportion in terms of their business line is: (top five) electronics andhousehold electrical appliances accounting for 40.02% of the total, dailyconsumer goods 31.86%, home decorations 28.95%, gifts 28.1%,and textile and garment 25.49%.
Xu mentionedthat this session witnesses stabilizing growth of the export transaction. The accumulatedexport transaction of this session totaled 206.357 billion RMB Yuan (or 30.02billion US dollars), an increase of 6.9 % over the 119th session. Thetransaction volume in brand zone reached 10.9 billion US dollars, an increaseof 16.9% over the 119thsession, accounting for 36.3% of the total;the transaction with the “Belt and Road” countries totaled 9.01 billiondollars, a year-on-year increase of 4.8%. Of all orders, 45% are short-termorders within 3 months, 35.9% are mid-term orders covering 3-6 months and 19.1%are long-term orders over 6 months.
Xu said that inthis session, structural reform on the supply side of foreign trade wasadvanced. Exhibitors stepped up their product design and research investment,developed new source of growth in the foreign trade development, moved to thehigher end of the value chain and formed new advantage based on technology,brand, quality, and service. Also they led innovation with strengthenedR&D, and presented more products that have high technological content, highadded value, and products that are smart, green and low-carbon, showing to theworld the technological and innovative capacity of Chinese companies and China’ssmart manufacturing ability. These products at the Canton Fair were verypopular among buyers. Exhibitors were very active in implementing brandingstrategy; they established brand design and marketing center, engaged in theregistration and protection of their trademarks and patents in other countriesand witnessed stabilizing growth of export turnover in products with their ownbrands. Moreover, they also referred to advanced international qualitystandards, passed globally-recognized product test and acquired green and safetycertification, accelerating their strategy of globalization. They focused onimproving after-sale service as an important means to explore internationalmarket, and expanded their serve range, improved service quality and efficiencyand perfected service support system. By using Internet plus and big data theyenhanced their service capacity and customer satisfaction.
Xu pointed outthat in the new era Canton Fair has expanded new functions and made a betteruse of domestic and international markets and resources; it has become acomprehensive service platform with export transaction at its core andmulti-functions such as customer networking, display and negotiation,industrial communication, information release, product introduction and brandpromotion. Firstly, important platformto increase export. Canton Fair serves as an important platform for exportas the total transaction volume each year stands at 60 billion USD. Accordingto our survey, the transaction volume exhibitors achieved with customers met atthe Canton Fair accounted for 23.7% of their annual export volume on average;79.9% of Canton Fair transactions were made after the Fair and this number ison the rise. Secondly, enhanced abilityin leading design and innovation. Through design display, designmatchmaking and Canton Fair Design Awards, Canton Fair has been leading andencouraging exhibitors to enhance their product design and innovation capacity.In this session 97 design agencies were consulted 20,000 times on designservice, 40.53% of which are projects to follow up. This shows enthusiasticbridging between exhibitors and design agencies and significant results ofdisplay. During global marketing summit and promotion conference for smartMade-in-China, the demand for sourcing stood strong, indicating an innovativemodel for industrial matchmaking. Canton Fair Design Awards has served as anengine for exhibitors to spur product innovation and establish their brands asthe winning products enjoyed brisk transaction. Thirdly, enhanced import function. In this session, theInternational Pavilion introduced industrial products with high technologicalcontent and high-end brands and consumer products that met the demand of the Chinesemarket. Machinery and electrical industrial leaders from the US and Japan,household appliances brands from the “Belt and Road” countries, and consumerbrands from Germany, Australia, New Zealand, South Korea, India and Turkey allenjoyed excellent results such as receiving big orders, signing cooperationagreement, reaching cooperation intent, working with Chinese partners onproduction, and connecting with overseas buyers. Fourthly, an important channel for meeting customers. During thissession, the number of new buyers amounted to 80,397, a year-on-year increaseof 7.29%. Our survey shows that exhibitors with the purpose of meeting newcustomers and buyers hoping to find new suppliers and products accounted for94.6% and 78.7% respectively. Fifthly,promoted industrial exchange.In this session we held 27 conferences andforums, with the themes covering industrial summit, brand marketing, trend,R&D, company management, etc. These forums were welcomed by exhibitors,helped them explore markets, strengthen brands, boost foreign trade advantage,and provided a platform of opening up for local sectors and economy. Exhibitorsmentioned that forums broadened their horizon and brought insight for thefuture planning of their companies. Sixthly,an important venue for new products and brand promotion. Many exhibitorsbrought new products to the Fair and some witnessed a new product update rateof 80%. Brand booths took up 20% of the total, and transaction volumeaccounting for 36.3%, indicating Canton Fair’s role in guiding brand development.We held promotion activities for local sectors of Heilongjiang Province, LiaoningProvince and Chengdu City as well as trade matchmaking activities in variousforms. 38 display activities for exhibitors and brands were staged, providingimage presentation, brand promotion, product demonstration for exhibitors toattract buyers.
Xu Bing alsointroduced that in this session we relied on Canton Fair official website,exhibitors and products search system, highlight products column, global socialmedia, Best platform, smart security system to make new ways in Canton Fairmarketing, smart management and convenient service. We’ve continued to improve theofficial website, exhibitors and products search system, highlight productscolumn, and customers’ attention, with visits to all these increased.
Xu mentionedthat we’ve also driven green move-in in this session and strengthenedelimination mechanism for construction companies of custom-built booths.We’ve standardized management of simplified decoration of standard booths, andstepped up onsite monitoring, inspection and approval for better evaluation ofCanton Fair Green Development Plan. With the concerted efforts of trading delegation,chambers of commerce, exhibitors, construction companies of custom-built boothsand China Foreign Trade Centre, we’ve made positive results in making greenmove-in a permanent mechanism. The 100% green booth coverage rate has beenachieved in this session. The display result of green booths has been furtherimproved; 2941 green custom-built booths applied for the related award. CantonFair is China’s first exhibition to propose, practice and implement greendevelopment, providing a fresh example of green and low-carbon development forthe Chinese exhibition industry.
Xu stated that in thissession, the Canton Fair Complaint Station handled 476 IPR cases, with 595exhibitors filed and 315 determined as constituting alleged infringement.Compared with the previous session, the number of cases handled decreased by 16.05%,the number of filed enterprises decreased by 2.46%, and the number of allegedinfringement down by 4.83%. The Station also dealt with 25 trade disputes, 11less than the last session. The significant drop in the number of cases, filedcompanies and IPR infringement companies demonstrated that exhibitors’awareness of IPR protection was enhanced and IPR protection at the Canton Fairhas yielded great results. Also in this session, China Foreign Trade Centre andGuangdong Intellectual Property Office signed “Strategic Partnership on IPRProtection at the Canton Fair” to explore new models of IPR protection and do abetter job protecting IPR in a larger scope and higher level.
(Canton Fair News Center)
Article Source: cantonfair
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@FreshPlaza_com: Morrisons to cut prices of avocados and more | Yiguo Group invests into Lianhua #retailnews #globalretail… https://t.co/qdrTwwsRd3
from http://twitter.com/FreshPlaza_com via IFTTT
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Expect faster delivery as Amazon plans to set up new fulfillment centres
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Flipkart CEO affirms full compliance of FDI rules!
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