ShopGrok founder Aaron Cowper recently sat down with Omri Orgad, Managing Director, North America at Bright Data to discuss current trends in retail. In a wide-ranging discussion, the pair covered topics such as:
- Key factors affecting retailers in today’s market including rising inflation, the shift to online consumerism, micro-fulfillment trends and unprecedented supply chain challenges
- shifting consumer behaviour and demands, for example consumers are more sensitive to pricing (82%), product availability (65%) and delivery timeframes (59%), in comparison to years prior.
- The ‘ultra-convenience’ trend disrupting traditional retail
- Leveraging accurate, real-time market data to make better pricing decisions