Deep DiveCannabis Insights: The CBD Consumer Coresight Research November 21, 2019 Reasons to ReadCoresight Research’s survey of US users of CBD/hemp products reveals insights into the CBD boom. Among the areas covered by our survey are: Who uses CBD/hemp products, including by age group. What types of CBD/hemp products people use and how often they use those categories; we include demographic breaks for usage. Where they buy CBD/hemp products: which types of retailers and channels consumers buy from. How much they spend: we look at average monthly spend on CBD/hemp products, and discuss differences by age. Why people use CBD/hemp products, including demographic breaks. CBD/hemp users’ attitudes toward the category: we asked users about a range of issues related to CBD/hemp. Usage of marijuana by CBD/hemp users. Click here to download our free infographic for Cannabis Insights: The CBD Consumer. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for
Event CoverageSalesforce’s Dreamforce 2019: Top 10 Insights from Day 1 Coresight Research November 21, 2019 Executive SummaryThe Coresight Research team is attending Salesforce’s Dreamforce 2019 in San Francisco from November 19 to 22. In this report, we highlight 10 key insights from the first day of the conference: The major product announcement was Customer 360 Truth, which enables companies to combine customer data into a single record. Salesforce announced several products that leverage its Einstein artificial intelligence (AI) technology combined with voice recognition. Salesforce takes a proactive view on the ethics of AI, acting to prevent the deliberate or inadvertent use of its technology in ways that are harmful or discriminatory to others. Salesforce launches new apps with Apple and an app-development platform. We include selected Salesforce acquisitions in the appendix. This document was generated for
Insight ReportSingles’ Day 2019: Analyzing New Entrants, from Allbirds to Everlane Coresight Research November 21, 2019 Reasons to ReadFollowing Singles’ Day on November 11, 2019, 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 employed different strategies to promote their products and engage with consumers. This report covers the following key themes: The use of social media as a promotional tool, particularly in the beauty sector The trend in China of “consumption upgrade”, demonstrated in the parent-and-baby category The differing approaches of the personal care sector to product promotion, through price optimization and brand awareness The focus on consumer engagement by foreign brands—such as through interactive experiences Click here to read more Coresight coverage of Singles’ Day for 2019 and prior years. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for
Insight ReportCannabis Insights: The CBD Consumer—Infographic Coresight Research November 21, 2019 Our infographic focuses on the results of our US survey of people who use products containing CBD/hemp. Find the full report here. This document was generated for
Insight ReportCostco: A Timeline of Key Events Coresight Research November 20, 2019 Reasons to ReadCostco Wholesale Corporation (“Costco”) opened its first warehouse in 1983 in Seattle. By the end of 2019, the company operated over 780 warehouse stores, generated $152.7 billion in revenue in FY19 and is expanding internationally. Costco has focused on expanding its footprint by opening new stores in the US. The company is also working to expand internationally, with new outlets in China, Iceland, France and New Zealand. At the same time, Costco has stepped up its investment in e-commerce and omni-channel capabilities. Click here to read our full collection of Retailers’ Timelines. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for
Event CoverageKey Insights from CEW’s Connected Consumer Conference 2019 Coresight Research November 20, 2019 Reasons to ReadHosted by CEW, the Connected Consumer Conference brings together global industry executives to discuss trends and drivers in the beauty sector. We detail our key insights from this year’s conference, which focused on how the retail experience is being reshaped by technology. We cover the following themes: Changing consumption in China and findings from Singles’ Day 2019 The emergence and importance of “harmonized retail” The omnichannel, customer-centric experience The growing influence of social media in commerce This document was generated for
Insight ReportSingles’ Day 2019: Analyzing Four New Retail Strategies Coresight Research November 20, 2019 Reasons to ReadThis year’s Singles’ Day was another record-breaker with sales of $38.3 billion – up 26% from last year and more than five times Amazon’s last Prime Day. US retailers were the second-largest sellers into China by GMV. Each year, Alibaba tweaks its approach based on prior years’ learnings. This report looks at how Alibaba delivers these impressive year-on-year growth rates, such as: New features on Tmall that let brands tailor their shops Effectively leveraging social media Marrying offline with online events Click here to read more Coresight coverage of Singles’ Day for 2019 and prior years. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for
Event CoverageSingles’ Day 2019: Observing China Forum—Digitalization Is Reshaping Commerce Coresight Research November 19, 2019 Reasons to ReadFollowing Singles’ Day on November 11, 2019, the Coresight Research team attended Alibaba’s Observing China Forum in Beijing on November 14. We highlight key themes from the event, focused around how digitalization is changing China’s commerce sector: The shift towards a consumer-centric mindset A step-by-step approach to implementing technologies throughout the supply chain Continuous innovation in response to consumer demand The forum also considered the factors driving consumption on Singles’ Day and the future outlook of the annual shopping holiday. Click here to read more Coresight coverage of Singles’ Day for 2019 and prior years. This document was generated for
Flash ReportAlibaba To Raise $13.4 Billion in Hong Kong Second Listing Coresight Research November 19, 2019 Executive SummaryChinese e-commerce services company Alibaba Group has filed for a second listing in Hong Kong. Following the Double 11 Global Shopping Festival, Alibaba made headlines again in the same week with its secondary listing in Hong Kong, to raise $13.4 billion. Amid turmoil in Hong Kong, Alibaba’s listing was a vote of confidence in the region as an international finance center and fundraising opportunity. The company’s listing will fund its business expansion plans and investment in technology. The listing is possibly a move to avoid sanctions from US regulators, and it taps into a substantial new capital pool in Asia, building an around-the-clock trading market for global investors. This document was generated for
Insight ReportNew Retail Briefing: Alipay Now Available to Visitors to China Coresight Research November 19, 2019 Reasons to ReadThis report is part of a biweekly series in which we discuss developments in China under the banner of “New Retail.” We offer insights into recent news, with a focus on digitalization and strategic collaborations. This week, highlights include Alipay’s launch of an international version of its digital payment platform for visitors to China, the introduction of mini programs within the Meituan master app and Kuaishou’s unveiling of a new short-video app. The appendix details the last 12 months of New Retail developments in China. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for
Insight ReportSingles’ Day 2019: Analyzing New Products Coresight Research November 19, 2019 Reasons to ReadWith over 1 million new products launched on Tmall on Singles’ Day 2019, we review the different ways in which brands and retailers are implementing a “new product” strategy: Launching crossover limited-edition products Offering Tmall-exclusive customized gift boxes Promoting new arrivals Designing products with the Tmall Innovation Center We also discuss the importance of new products to overall campaign success. Click here to read more Coresight coverage of Singles’ Day for 2019 and prior years. Already a subscriber? Log in You are currently viewing a preview of this report. Please select an access option to view the full report. Hide Options - Show Options + Get unlimited access to all our research with one of our subscription plans. View Subscription Plans or Contact us to purchase this report. Contact us ✕ This document was generated for
Flash ReportGoogle Cloud Acquires CloudSimple, a Provider of Tools To Migrate VMWare Environments to the Cloud Coresight Research November 19, 2019 Reasons to ReadGoogle Cloud announced via a blog post the acquisition of CloudSimple, a leading provider of secure, high performance, dedicated environments to run VMware workloads in the cloud. VMware is a software company majority owned by Dell which provides cloud computing and virtualization software and services. Many enterprises use VMware to run workloads such as ERP and CRM, as well as databases, and need a simple way to migrate those workloads to the cloud. The acquisition lets Google to accelerate its offering of a fully integrated VMware migration solution. The apps can then work the same as on-premise, but with all the benefits of the cloud, including performance, elasticity and integration with key cloud services and technologies. This document was generated for
Flash ReportHP’s Board Rejects Xerox’s $33.5 Billion Takeover Offer but Remains Open to Further Consideration Coresight Research November 19, 2019 Reasons to ReadHP’s board rejected Xerox acquisition bid, saying the offer undervalues the company and is not in the interests of the shareholders. The company also expressed concerns about Xerox’s declining fortunes and the debt that would be needed to finance the acquisition. HP is in the midst of a restructuring plan to simplify its operating model and become more digitally enabled. HP hopes the plan will shave $1 billion in annual cost. Management cited its confidence in its strategy and ability to execute to drive sustainable long-term value as part of the reason for rejecting the offer, but did say it remained open to exploring whether there is value for HP shareholders through a combination with Xerox. This document was generated for
Flash ReportEstée Lauder Continues International Growth in Skincare with Acquisition of Have & Be, Owner of Dr Jart+ Brand Coresight Research November 19, 2019 Executive SummaryOn November 18, 2019, The Estée Lauder Companies announced it will acquire Have & Be Co. Ltd., the parent company of Dr. Jart+ and men’s grooming brand Do The Right Thing. Estée Lauder announced it has signed an agreement to acquire the shares that it does not already own in Have & Be, a Seoul-based global skin care company behind Dr. Jart+ and men’s grooming brand Do The Right Thing. The company initially invested in Have & Be in 2015, and since then Dr. Jart+ has grown significantly and is expected to hit $500 million in net sales by the end of calendar year 2019. Dr. Jart+ is expected to help further strengthen The Estée Lauder Companies’ leadership position in skincare and will expand the company’s consumer reach in Asia Pacific, North America, the UK and in travel retail. This document was generated for
Question of the WeekHow Does E-Commerce Penetration in Furniture and Homeware Compare with Other Categories? Coresight Research November 18, 2019 QUESTION OF THE WEEK: How Does E-Commerce Penetration in Furniture and Homeware Compare with Other Categories? Although e-commerce continues to gain share of US furniture and homeware sales, the market lags behind some other nonfood categories in terms of its e-commerce penetration rate. According to Statista estimates, e-commerce will account for 17% of US furniture and homeware sales in 2019. This document was generated for
