Industry Insights Blog

Pinterest announces new global shopping and ad features ahead of holiday season

30 Sep: Pinterest announces new global shopping and ad features ahead of holiday season

This year, we expect holiday shopping to look different, with mobile commerce poised to reach new heights as people find gifts from home.That’s why this week, we’re rolling out new shopping tools for Pinners and advertisers, bringing us one step closer to our goal of making every Pin shoppable. Pinterest is launching ads alongside visual search results, as well as more…

Virtual try-on tools gain favor among fashion retailers

29 Sep: Virtual try-on tools gain favor among fashion retailers

A growing number of retailers are experimenting with virtual reality tools that allow shoppers to try on products ranging from makeup and jewelry to apparel from their homes during the pandemic.  Emerging technology companies like Zeekit are finding early success partnering with retailers like Macy’s and ASOS to bring the capabilities to their companies. 
According to Zeekit, early data shows the…

Marketing changes wrought by pandemic feel permanent already

28 Sep: Marketing changes wrought by pandemic feel permanent already

Three senior marketing executives chime in on three ways that the coronavirus pandemic will change certain aspects of marketing communications. From left to right: Gretchen Eischen, VP of global marketing at SAP Procurement Solutions; David Brown, executive chairman at Manifest; and Matt Kohan, VP of marketing culture and capabilities at Anheuser-Busch. ANA
The coronavirus pandemic is having a massive impact on…

Conjoint analysis: Optimize your product & pricing

27 Sep: Conjoint analysis: Optimize your product & pricing

If you work in or around consumer insights, you have most likely used or at the very least heard of “Conjoint” techniques. The literature on the topic is intensive and can be overwhelming for those who are not that familiar with it.
While we can automate your curiosity and research projects with the SightX platform, we still need to write, learn, and…

How the beauty industry is surviving the pandemic

26 Sep: How the beauty industry is surviving the pandemic

Leonard Lauder, the current chairman emeritus of the Estée Lauder Companies, noticed that people were buying a lot of lipstick during the economic downturn of the early 2000s. He coined the term “ lipstick index,” hypothesizing that consumers were willing to spend $30 on a small indulgence during a recession rather than shell out for a bigger-ticket luxury item like…

5 Principles for responding to customer reviews

25 Sep: 5 Principles for responding to customer reviews

Understanding how to respond to online reviews is essential for businesses across all industries. Indeed, 89% of consumers read business responses to online reviews. How should manager responses differ for positive and negative reviews? How does manager response time impact online reputation? Should manager response times differ for positive and negative reviews? While some online platforms, like TripAdvisor, Yelp, and…

The rise of 'dark stores'—and how they could save struggling retail

23 Sep: The rise of ‘dark stores’—and how they could save struggling retail

Whole Foods “opened” a new “store” that you can’t walk into or shop at. Located in Brooklyn and slightly smaller than a typical Whole Foods, the store is dedicated solely to fulfilling online orders. It’s the company’s first purpose-built online-only store. With longer aisles, no salad bar, and missing those checkout candy displays, the store will be used to pack up…

What the future of TikTok means for retail

22 Sep: What the future of TikTok means for retail

Brands should be prepared to pivot their marketing efforts if the platform is banned or acquired. When e.l.f. Cosmetics decided last year to experiment with TikTok, the beauty brand went in without preconceived notions around how the platform was going to work for the company, Gayitri Budhraja, vice president of brand at e.l.f. Cosmetics, said. 
Before the company had a formal presence…

Latest developments across the fashion retail sector

21 Sep: Latest developments across the fashion retail sector

As store re-opening begins, brands and retailers globally are having to think on their feet and adapt quickly to a radically new world of physical retail. All experiential aspects are up for revision from safety, hygiene and in-queue entertainment challenges, to utilising VR in place of make-over beauty stations or changing rooms. These are closely followed by higher expectations for stock…

Influencer marketing vs

20 Sep: Influencer marketing vs. affiliate marketing: Everything you need to know

Influencer marketing allows direct-to-consumer brands to collaborate with social media influencers and produce truly authentic content. Influencers curate online communities of people with a common lifestyle. These social media power users earn trust from their followers because they’ve established their authority and knowledge in their respective fields.
In contrast, affiliate marketing is not restricted to influencer-brand relationships and involves commission payments to…

Prioritizing amid a sea of data

19 Sep: Prioritizing amid a sea of data

Data is the new oil and analytics is the refinery — this timeworn phrase continues to hold water, but it’s next-gen analytics that are taking the driver’s seat in today’s retail and consumer goods industries. In the face of an uncertain future, rife with unprecedented demand spikes and fluctuating consumer sentiment, the ability to turn raw data into actionable insight…

How customers use online reviews

18 Sep: How customers use online reviews

Over the last decade, online reviews have been becoming an ever-more-common part of consumers’ purchasing decisions. But, with reviews now being a huge part of online search results, a poor star rating or the feedback of unhappy customers can be hard to miss.
The Local Consumer Review Survey provides an annual look into how consumers are using local business reviews – from…

Amazon announces new shopping experience, “Luxury Stores”

17 Sep: Amazon announces new shopping experience, “Luxury Stores”

Amazon announced the launch of Luxury Stores, a new shopping experience offering both established and emerging luxury fashion and beauty brands. Iconic American fashion house, Oscar de la Renta, unveils the first store featuring its Pre-Fall and Fall/Winter 2020 collections, inclusive of ready-to-wear, handbags, jewelry, accessories, and a new perfume, with childrenswear coming soon. More brands will launch within Luxury…

Building an influencer contract, how do you know what you to include?

16 Sep: Building an influencer contract, how do you know what you to include?

Once you’re ready to hit the ground running with your influencer campaign, it’s time to put all terms in writing. This critical step protects your brand and your influencer from mismanagement, unforeseen circumstances, and more. 
As you begin to build an influencer contract, how do you know what you to include? This is an important question. There are a few high-level…

Big brands make their debut on Instagram Reels

14 Sep: Big brands make their debut on Instagram Reels

Major brands including Dunkin, Sephora, Red Bull, Maybelline and Louis Vuitton have already made their debut on Instagram Reels, the platform’s TikTok-style feature, with Maybelline’s video starring model and influencer Nikkie De Jager, who lip-synced to the brand’s jingle while applying makeup. Facebook-owned Instagram wants to create the next hot social media craze with Reels, drawing on the interest in…

Generate high-quality leads

13 Sep: Generate high-quality leads

Consumers are more engaged with businesses who can meet their needs from home right now–and they’re more willing to move on to those who can. In June, a Google/Ipsos survey showed that 32 percent of U.S. consumers shopped online with a brand they hadn’t before COVID-19.1 This is an opportunity for businesses to connect with new customers, but it’s also…

A comprehensive guide to setting your influencer marketing strategy

12 Sep: A comprehensive guide to setting your influencer marketing strategy

Traditionally, most brands develop an influencer marketing strategy geared towards generating brand awareness. Unlike many other, more advanced forms of digital marketing, influencer has solely relied on a reach-based model where marketers look to get individuals with large online audiences to talk about them in hopes their content will influence the people who follow them. While still widely used, this approach to…

The changing face of beauty during COVID-19

11 Sep: The changing face of beauty during COVID-19

Scrolling through Instagram during the initial few months of the coronavirus stay-at-home efforts, one may have noticed people posting at-home facial tutorials and sharing skincare routines right alongside selfies tagged #makeupfree. Spending more time at home than usual, possibly with more time on their hands than usual, a number of people may have taken to wearing more than one kind…

Mapping your marketing to the ‘next normal’

10 Sep: Mapping your marketing to the ‘next normal’

We are all still in the throes of the pandemic and there is no real end in sight. In this ever evolving, ever changing marketing landscape, there is no certainty as to what our new future is going settle down to look like.
But we certainly do know one thing: our customer behaviours, needs and expectations won’t be going back to…

Targeted marketing campaigns are the key to capturing the at-home consumer

09 Sep: Targeted marketing campaigns are the key to capturing the at-home consumer

Brand manufacturers and retailers will have to work together in response to long-lasting shifts in consumer behavior produced by COVID-19. Over the past several months, we’ve all experienced our share of drive-by graduation celebrations, quiet anniversaries spent snuggling on the couch, improvised at-home kids’ birthday celebrations, and backyard weddings with the bare-minimum guests. COVID-19 has forced us to reinvent how we…