The Ever-Changing World of Retail: How We're Keeping Up...
20 August 2024
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Choo Café | Harrods, London.
Design, Production & Installation
The Ever-Changing World of Retail: How We're Keeping Up...
In the dynamic landscape of retail, the only constant is change.
Consumer preferences are always on the move, influenced by new tech, cultural trends, and shifting social dynamics. At Seen Studios, we help our brands not just keep up, but lead the way in a market that’s as competitive as much as it is in constant evolution.
What’s New in Consumer Demand?
1. Personalisation is King: It’s not just about great customer service anymore. We’re diving deep into data and AI to serve up exactly what customers want. Whether it’s spot-on product recommendations, tailor-made offers, or retail activations that speak directly to them. We’re all about creating brand experiences that feel like home—familiar, warm, and exactly what your customers are looking for.
2. Omnichannel Shopping is Here to Stay: The lines between online and offline shopping continue to blur. Consumers are hopping between physical stores, websites, apps, and social media like never before, and they expect a smooth ride. We are being asked more and more to consider omnichannel strategies that integrate these channels to provide consistent, cohesive shopping experiences, whether the customer is browsing online, in-store, or via mobile devices.
3. Sustainability and Ethics Matter More Than Ever: Today’s shoppers are making choices that reflect their values. They want eco-friendly products, ethical practices, and brands that walk the talk. Brands are stepping up, offering circular options, reducing their carbon footprints, and championing transparency. Having just had the agency certified as B-Corp, I can speak first hand on how demonstrating responsibility, attracts responsible thinking and brands.
4. The Social Media Buzz: Social media platforms have become powerful tools for product discovery, brand engagement, and consumer influence, and where the power of authentic recommendations shines. Brand advocates are making waves with their loyal followers, and we’re tapping into that energy to boost brand visibility and engagement using ambassador infused retail activations and campaigns.
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Nike ‘Own the Floor’ Campaign | House of Innovation, Paris.
Design, Talent Sourcing & Management, Production & Experience Management.
How Are Marketing Strategies Shifting?
1. Data is Our Secret Weapon: Big data is like a crystal ball for brands. We’re using it to decode consumer behaviours, understand demographics, and predict what shoppers want next. These insights help us craft marketing strategies that hit the mark, from personalised campaigns to community and loyalty programmes that keep customers coming back for more.
2. Agility is Key: In a world where trends change season by season, even month by month, brands need to be flexible. Agile marketing that lets us adapt seamlessly and quickly is paramount for staying relevant. This can pull through as an update in content, varied live instore activations that can flex in length, along with holding great relations with multiple talent and protagonists that can bring new varied dimensions to campaigns.
3. Engagement is Everything: Building a strong connection with customers is the secret to long-term success. We’re focussing on interactive retail experiences that focusses on personalised communication. And with loyalty programmes, exclusive invitations to brand immersions and special rewards, the aim is to keep customers engaged and educated about the brands they want to interact and be affiliated with. In turn generating more points to engage with consumers further.
4. Tech-Forward Thinking: Brands wishing to embrace technological innovations are arguably at the forefront of winning within retail. From AI-powered chatbots for customer service to augmented reality (AR) for virtual try-ons, retailers are integrating tech to enhance the shopping experience. A merge of physical and virtual worlds is being explored and we are often asked to strategise ways in which this can happen seamlessly and with brand relevance.
The retail landscape is evolving, but with agility, personalisation, and the right combination of technology, brands won’t just survive but thrive. By staying in tune with what consumers want and being open to new ideas, brands can keep their edge and make the most of every opportunity.
Contact aoife@madfestlondon.com if you would like to share an opinion with the community. You can also SUBSCRIBE TO OUR NEWSLETTER HERE