As consumer shopping preferences turn towards the convenience of shopping online, many retail store chains are shutting down or consolidating their efforts into many less stores. Consumers prefer to shop with their devices - phones and tablets - and computers, instead of sitting in traffic, wasting time looking for parking spots, and walking miles and miles inside of shopping malls.
The Fingers vs. Feet revolution has begun, and it's changing the landscape of retail shopping drastically. Which could be a serious good thing for your online e-commerce website. Or for that start up business you've been thinking about. Time to make a plan and put it into action.
The list of retailers who are either on the brink of bankruptcy and considering shutting down, who have already shut down, or who are streamlining their efforts to keep their noses above water (they hope) is major. Many have been around for years. It is the price they are paying for not being vigilant and observing the trends and shifts in consumer shopping.
Payless Shoes, J.C. Penney, Macy's, Sears, K-Mart, The Limited, Crocs, CVS, Sports Authority, and Bebe are just a partial list of casualties.
Consumers lead busy lives. The convenience of shopping on their devices at any time of the day or night and the deals they receive far outweigh the traditional shop til you drop shopping methods of the mall. Free shipping, online discounts built into the shopping cart, coupons, deals of the day, free returns and more are very attractive.
If you currently have an online e-commerce store or are considering starting an e-commerce business online, this could be a golden time for you. Yes, there is a great deal of examination, planning, implementing strategies, and good old fashioned work involved. But when you find your sweet spot, the rewards are priceless.
We work one on one with businesses throughout Bergen, Morris and Sussex County New Jersey, with all aspects of business planning, implementation, marketing, website design, seo and more. As a soup to nuts marketing agency, we'll guide you down the path and away from the costly mistakes towards success.