EP320 - News, First Half Recap, Early Holiday Preview
0:23 Welcome Back After Hiatus
2:51 Upcoming Events in Retail
7:28 GroceryShop
16:02 Retail Growth Trends
21:28 Concerns for Holiday 2024
30:27 The De Minimis Provision
40:27 TikTok's Impact on E-commerce
In this episode of The Jason and Scot Show, we discuss the current state of retail and e-commerce.
We analyze macroeconomic factors impacting the retail landscape, noting a 3.4% growth in core retail and a maturation of e-commerce, dominated by giants like Amazon and Walmart. We address consumer sentiment heading into the holiday season and the potential influences of the upcoming election and interest rate changes.
The episode also covers the role of AI in enhancing personalization experiences, challenges faced by dollar stores, and supply chain issues. We conclude with insights into Amazon’s recent earnings and their strategies to engage younger consumers through TikTok Shops.
Join your hosts Jason "Retailgeek" Goldberg, Chief Commerce Strategy Officer at Publicis, and Scot Wingo, CEO of GetSpiffy and Co-Founder of ChannelAdvisor as they discuss the latest news and trends in the world of e-commerce and digital shopper marketing.
Download the complete 54 page deck of all my insights from the US Dept of Commerce Retail Data for the first half of 2024 here https://rgeek.co/retail2024
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