Tony D'Onofrio
Infographics
- September 30, 2017
Drones - Reporting to Work
Like the internet and GPS before them, drones are evolving beyond their military origin to become powerful business tools. From Goldman Sachs.
- September 23, 2017
The social media-obsessed world
The regional distribution of social media users shows social media is by far most popular in East Asia, and reveals the top 20 social networks as well as the rise of the big three - Twitter, Facebook and LinkedIn - in terms of users and revenue
- September 17, 2017
The Influence of ‘Corpsumers’ Who Care as Much About a Brand’s Values as Its Products
The buying bloc is more populous than millennials and moms. Give consumers a reason to believe in your company, and they will give you their loyalty and their activism.
- September 09, 2017
What Buyers Want
Understanding what your prospects really want to read and talk about in the decision making process is key to success in a modern sales world where patience is lacking and the pressure is on to seal a deal.
- September 02, 2017
The Incredible Amount of Data Generated Online Every Minute
Data Never Sleeps - 90% of all the data today was created in the last two years - that's 2.5 quintillion bytes of data per day. From Domo, great list of data insights.
- August 26, 2017
How Employees Really Feel About Their Jobs
More than half of employees say they love their jobs. Employee screening company EBI surveyed 2,000 workers to find out how they feel about their jobs.
- August 19, 2017
How to Win an Argument, According to Science
Practical advice from the Entrepreneur on winning that argument using a few simple tricks and debate like a pro.
- August 12, 2017
Evolution of Influencers
The Evolution of Influencers - Check out this infographic to trace the origins and also see some of the players and intricacies of the art and science of the influencer economy.
- August 06, 2017
Shopper Insight 360: Crossing the Great Consumer Divide
Insights from 5,000 shoppers underscore the importance of aligning retail strategies with consumer trends in click and collect, emerging channels and competing with Amazon.
- July 30, 2017
Artificially Intelligent Business
Artificial intelligence is already extensively used by enterprises, both directly and indirectly, and has had a profound effect on how many major industries operate. Here is an overview of AI adoption levels and surveyed opinions of senior decision-makers and technology executives to show its impact on organisations. From Raconteur.
- July 22, 2017
Artificial Intelligence in Retail—Offering Data-Driven Personalization and Customer Service
How AI is changing the way retailers operate by providing technology to analyze consumer data, to adapt the approach through which companies interact with shoppers and to predict consumer demand for better inventory management. How important industry players are working together with tech companies to develop AI-powered technology for personalization, customer service and inventory management. How AI will shape the future of retail and what the main reasons are for retailers to invest in the technology if they want to remain competitive. Fung Global Retail & Tech
- July 15, 2017
How the iPhone Changed Visual Communication
Ten years, Steve Jobs promised that Apple was to 'reinvent the phone'. It was no exaggeration. Take a look at how the iPhone has revolutionized design and photography.
- July 08, 2017
Two Major Roadblocks to Personalized Retail Pricing
In RSR’s 2017 benchmark on retailers’ pricing strategies, more retailers report their margins have improved this year vs. last year. But at the same time, more price changes are headed to stores than every year since 2010. And one-third of respondents report they are offering steeper discounts more frequently.
- July 01, 2017
The Reality of Being a Retailer in 2017
From the Cube: In 2013, only 5% of retail sales were influenced by mobile devices, but this jumped to 37% in 2016. 42% of marketers struggle to measure the impact of their digital marketing efforts on driving in-store sales. 89.3% of customers will share location data for in-store discounts.
- June 25, 2017
Hard Discount Grocers: Myths vs. Reality
From Bain & Company, hard discounters Aldi and Lidl are poised to open hundreds of new stores in the US, and traditional grocers are unprepared. Here are five rules for incumbent grocers to successfully compete.
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Sponsored Content
It is a Small World
"Die of Success? Give me a break. We've only just started." - Amancio Ortega, Zara's Founder
Continuing our global journey to learn something new our next stop is the retailer Zara. As of January 2023, the Inditex group which includes Zara operated nearly 6,000 stores worldwide.
In 1963, Amancio Ortega opened Confecciones GOA, a small dressmaking workshop in La Coruna in Galicia, Spain. Zara was born in 1975 and originally it was called Zorba, an inspiration from Amancio’s favorite movie ‘Zorba the Greek’. Turns out a bar nearby already had taken the Zorba name.
The Inditex Group was born in 1985 as a holding group to bring multiple companies, including Zara under one banner. Inditex actually stands for ‘Industria de Diseño Textil’.
Zara’s designers create 40,000 new designs annually, out of which up to 12,000 go into production. From the design stage to production, distribution, and appearing for sale in a Zara store, it takes up to 15 days (industry average is 4 to 6 months). Annually, the company produces 500 million pieces of clothing.
Most global fashion brands pump 3% to 7% of their revenues into advertising. For Zara, the advertising budget is 0.3% and most of it is used on store displays. 85% of the clothes are sold at full price.
La Coruna and visiting Inditex stores throughout the world such as this Zara in Milan was one of my favorite retail activities. Their focus on innovation and continuous improvement have also been a core inspiration to my career. As the opening quote from Amancio reminds us, if you truly enjoy what you are doing, every day, you are just getting started.
Categories
Brilliant Research
Retail's AI Revolution
The overall economic AI impact worldwide through 2029 will be $9.2 trillion USD. This impact will vary dramatically by region, by tier, by retail segments, and by solutions. AI/ML has the potential to greatly enhance retail operations by analyzing customer data, providing personalized recommendations, optimizing inventory management, and automating customer service, but implementing these technologies can be challenging and requires extensive data cleansing and tagging. - From IHL Group Read more
Smart Infographic
How Generative AI is Being Used to Change the World of Marketing
77% of companies are exploring Artificial Intelligence, including Generative AI. This innovative technology involves algorithms fed into existing content to create iterations with new content, including audio, code, text, pictures, video, and simulations. The goal is to 'teach' machine learning systems to 'artificially think' and create innovative content. - From Techaeris
Insightful Videos
Apple vs. Samsung’s Strategies to Move Manufacturing Away From China | WSJ
China has long been the manufacturing hub for tech giants like Apple and Samsung. But now, a range of geopolitical factors are pushing technology companies to spend billions to relocate their operations to places like India, Vietnam and Latin America. Read more
