Wiser Releases New Infographic: Top Retail Trends and Predictions for 2016

Share Article

New infographic from retail insights leader, Wiser, provides insight into what 2016 will hold and how retailers can prepare for it.

News Image
It's one thing to know what the latest trends will be in the new year, but the real challenge lies in the way retailers ride these trends to get ahead of the competition.

The retail industry saw massive strides in technology in 2015, and 2016 looks to be following suit. Retailers of all sizes have to embrace the changes of the retail industry as tactics that were once mere speculation such as mobile and social commerce have come to fruition.

Wiser’s new infographic, “Retail Predictions and Resolutions for 2016” provides retailers with a complete look into what to expect in the new year. It's one thing to know what the latest trends will be in the new year, but the real challenge lies in the way retailers ride these trends to get ahead of the competition.

If 2015 hinted at anything, it's that data mining will become the norm in online retail. Mining customer and competitive data can help retailers improve their offerings and enhance the customer shopping experience on their site through recommendations and competitive prices. Approximately 54% of consumers will share data if it provides them with a better experience, and 90% of retailers want to use big data to improve their business operations. The infographic goes beyond the concept of data mining and is filled with more predictions and tips for the new year.

Jake Bailey, CEO of Wiser, adds, “The eCommerce industry is growing faster than ever before, and that's going to intensify competition between retailers. As 2016 rings in new ways to gain competitive advantages, we want to make sure retailers have the resources they need to get ahead and access to the new technologies that propel retail forward."

Wiser's new infographic can help retailers gain a more competitive edge in the new year with tips on mobile commerce, omnichannel commerce, and more. The online retail space has plenty of room for growth in 2016, and it's up to retailers to use new and established strategies to succeed.

To view the full infographic, click here

About Wiser

Wiser empowers brands and retailers to compete in the ever-changing retail industry. We level the retail playing field by equipping brands and retailers with a turnkey solution to sell the right products, at the right price, at the right time.

Wiser's suite of data-driven merchandising solutions include: dynamic pricing, assortment and pricing optimization, MAP monitoring, and more.

For more information on Wiser, please visit wiser.com.

Share article on social media or email:

View article via:

Pdf Print

Contact Author

Min-Jee Hwang
@wisepricer
Follow >
WisePricer
Like >
Follow us on