5 Retail Updates you Need to Know Today

And just like that 6,500 new words have been added to Scrabble. Although we could write a blog post on this alone, and what it means for humanity, we’ve decided to stick to what we know. While “lolz” and “thanx” are very important additions to the Collins Word Dictionary, the world of retail is going gangbusters at the moment. Here are a few of our favourite updates.

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1) Amazon delivers

This week Amazon unveiled free same-day delivery to its Prime members across 14 US cities. Making this service free is a bold move on Amazon‘s part, revealing they are putting growth over profit and aiming to own retail in its entirety. Time will tell if this venture will pay off: http://goo.gl/MkX8VO

2) Google Pay on its way

Google is launching a new payment service to rival Apple Pay. The software will make use of Near Field Communication (NFC) which is already available on most Android phones, meaning it will work with previous versions of Android. The technology should be available in the next few months, so keep an eye out: http://goo.gl/e2Gf54

3) Retailers and gamification 

Retail Dive reports that retailers are turning to gamification strategies in order to facilitate customer engagement. From customer loyalty programs to in-app games, instances are on the rise; with brands such as Pink Nation, Home Shopping Network and Bonobos employing it in varying degrees. The feature is an interesting read – check it out: http://goo.gl/ibMPBO

4) Bricks-and-mortar boom

A new survey has revealed one third of Australian and New Zealand shoppers are turning away from online shopping and back to brick-and-mortar stores. Despite the convenience online reportedly offers, this reverse trend is due to a number of frustrations: when faced with website difficulties 45% of respondents reported abandoning purchases, pop-up ads were cited as a major irritation by 42% of online shoppers, and 42% found that online search categories do not match their required criteria. It seems nothing can really compare to old-fashioned customer service: https://goo.gl/2ilb7w

5) Meet the world’s youngest fashion designer

Ok so technically this isn’t technology related but we couldn’t resist. Five year old “Mayhem”, of Fashion by Mayhem fame, has designed a 10 piece capsule collection for J.Crew entitled “Little Mayhem.” The collection combines her two loves: arts + crafts and clothes. This is one adorably stylish collaboration: http://goo.gl/f01YBL

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