As we move ahead, we will describe how behavioral loyalty has leveraged the shifting UAE consumer trends. The current UAE consumer landscape In 2019, the UAE’s retail market was valued at $55 billion, according to market reports site Report Linker. Before the Covid-19 pandemic, the coun...
Loyalty management in durable consumer goods: trends in the influence of recommendation intention on repurchase intention by time after purchaseCustomer relationship managementLoyaltyPreferenceSatisfactionRecommendation intentionRepurchase intentionUnlike consumer goods, durable consumer goods have a long product life...
Consumer loyalty is shifting as shoppers seek better value from brands and retailers. That’s according to a new McKinsey & Companystudytitled, “State of the Consumer 2024: What’s now and what’s next.” In January this year, McKinsey surveyed 15,000consumersin 18 markets comprising 90% o...
through personalization. Apply advanced analytics to identify reliable demand markers to ascertain where and how fast your customers are moving. Use forecasting models to locate pockets of growth and act with speed to capture demand, win new customers, and reinforce the trust a...
With 73% of Consumer Industry CXOs having increased investments in sustainability over the last year, this remains high on the agenda. The full report further analyzes the fastest growing retailers, new entrants, and the future of the store. Evolving trends in brand loyalty and consumer behavior ...
Nadejda Popova is a senior manager for loyalty research at Euromonitor International. In her role, Nadejda delivers thought leadership insights to help companies understand customer preference and sentiment, evaluate industry trends and technological impacts, and outline effective roadmaps to accelerate gro...
Today, insights into consumer behavior, foresight regarding trends, and a vision for customer experience are critical capabilities for companies. Understanding the core value and purpose of products and services is key to ensuring success.Increasingly, consumers are concerned about a brand's commitment ...
Economic uncertainties and rising costs of living have made modern consumers conscious of the value of the products that they use. This has resulted in them searching for products and services at lower prices. “Value-for-Money” is one of the trends in GlobalData’s TrendSights framework. ...
Reference groups are groups people look up to for guidance or aspire to belong to. Like I aspired to belong to the group of legendary Fender bassists, many of today’s consumers look tosocial media influencerswho set trends in fashion, tech, and beyond, driving billions of dollars of consu...
With deep data capabilities, retailers can generate accurate data sets to help boost sales and understand customer behaviour, reward their loyalty and increase personalisation. Home and DIY In the home and DIY industry, innovative digital strategies and technologies are utilised to pioneer solutions in...