Product TypeDeep Dive Tencent’s Smart Retail Strategy Author Coresight December 10, 2019 Chinese Internet giant Tencent is focusing on the business-to-business space through its “Smart Retail” concept—the company’s answer to Alibaba’s New Retail. Tencent’s Smart Retail ecosystem has a number of components that facilitate the integration of online and offline commerce, including the leveraging of WeChat mini programs, investment in JD.com and the exploitation of the company’s strength in gaming and digital entertainment.
Product TypeInsight Report Insights from China: The Opportunities in China’s $1.3 Trillion Lower-Tier Markets Author Coresight December 10, 2019 China’s online retailers target the country’s fast-growing but lower-income, lower-tier cities. For decades, retailers and brands have focused on a handful of China’s “tier-1” cities that are seen as wealthier and more sophisticated. Now, retailers are looking at up-and-coming lower-tier areas for growth.
Product TypeFlash Report Holiday 2019: US Cyber Monday Digital Sales Hit $9.4 Billion Author Coresight December 4, 2019 Cyber Monday continued Black Friday’s streak of record-breaking online sales for a roaring start to the holiday shopping season in the US. Sales were especially heavy at the last minute, with consumers spending an average of $11 million per minute in the final hour.
Product TypeInsight Report New Retail Briefing: JD.com Opens Its Largest Immersive Electronics Store Author Coresight December 3, 2019 JD.com opens its largest experiential electronics store; Accor partners with Alibaba to improve the travel experience for Chinese international travelers; and ByteDance launches a new loan service app.
Product TypeFlash Report Holiday 2019: US Black Friday Sees Companies Promote More Heavily, Shoppers Continue to Migrate Online Author Coresight December 3, 2019 In the US, this year’s Black Friday saw retailers promote more heavily than last year and consumers continue to migrate to online platforms.
Product TypeInsight Report Holiday 2019: UK Black Friday Insights Author Coresight November 30, 2019 On November 29, Coresight Research’s UK team undertook its fifth annual tour of stores in central London for Black Friday. In this report, we pick out likely outperformers, one apparent underperformer and other stores of note. We also provide a table comparing promotions this year to those of 2018.
Product TypeEvent Coverage Insights from the Baker Retailing CEO Summit 2019 Author Coresight November 29, 2019 On October 15, 2019, Coresight Research attended The Wharton School’s Baker Retailing Center CEO Summit in New York City. Our key insights from the event cover the luxury, apparel and grocery sectors. We discuss highlights from Kroger, Nordstrom and Walmart, among other leading retailers.
Product TypeInsight Report Supply Chain Briefing: Four Ways Companies Are Simplifying Their Supply Chains Author Coresight November 27, 2019 Supply Chain Briefing: Four Ways Companies Are Using to Approach Supply Chain Simplification Supply chains are becoming increasingly complex, prompting global retailers to look for ways to simplify processes to speed operations and cut costs. Companies are streamlining supply chains by consolidating vendors, unifying data systems and streamlining distribution channels by selling directly to consumers.
Product TypeInsight Report Alibaba: A Timeline of Key Events Author Coresight November 27, 2019 From 2017 to 2019, Alibaba expanded its cloud business into new territories outside China. We examine key events from the company’s recent history as part of our Retailers’ Timelines series.
Insights from China: Opportunities in China’s $63 Billion Livestreaming E-Commerce Market Author Coresight November 26, 2019 Livestreaming is becoming a go-to source for consumers in China to discover products and secure discounts. With the livestreaming e-commerce market estimated to be worth $63 billion (according to Everbright Securities), we discuss the tactics that brands and retailers are emplying to promote and sell their products on live-video platforms.
Product TypeEvent Coverage Salesforce’s Dreamforce 2019: Top 10 Insights from Day 3 and Wrap-Up Author Coresight November 26, 2019 The Coresight Research team was in San Francisco for Salesforce’s Dreamforce 2019. In this report, we present key insights from the last day of the conference—and of the conference overall, including major product announcements and the integration of artificial intelligence technology.
Product TypeFlash Report Amazon Opens Pop-Up Store on Chinese E-Commerce Platform Pinduoduo Author Coresight November 26, 2019 Just a few days before the Black Friday shopping holiday in the US, Amazon opened a pop-up store on Chinese e-commerce platform Pinduoduo. The platform is running a Black Friday promotion with Amazon as one of its partners to enable cross-border shopping for consumers.
Product TypeEvent Coverage Salesforce Dreamforce 2019: Top 10 Insights from Day 2 Author Coresight November 25, 2019 The Coresight Research team attended Salesforce’s Dreamforce 2019 in San Francisco from November 19 to 22. In this report, we highlight 10 key insights from the second day of the conference, including the interesting new ways in which companies are leveraging retail technologies to better manage customer interactions through e-commerce and drive B2B sales.
Product TypeInsight Report Singles’ Day 2019: Analyzing New Entrants, from Allbirds to Everlane Author Coresight November 21, 2019 Continuing our coverage of Singles’ Day 2019 in China, we discuss the new entrants to Alibaba’s e-commerce platforms, which participated in the shopping holiday for the first time this year. Looking to penetrate the China market, these brands—across multiple sectors including beauty, parent-and-baby and personal care—employed different strategies to promote their products and engage with consumers.
Product TypeInsight Report Singles’ Day 2019: Analyzing Four New Retail Strategies Author Coresight November 20, 2019 This year’s Singles’ Day was another record-breaker. Each year, Alibaba tweaks its approach based on prior years’ learnings. New Retail was the key this year.
