Major Developments Major Developments by Calendar Year

May 4, 2010

American Consumers Give More Preference To Image

Filed under: Shopping — Tags: — Winson @ 7:06 AM

Americans generally have serious concerns with their physical appearance, and most of them are willing to attempt anything that will boost their image. According to survey conducted by an American Demographics, 87 percent of adults say that they are ready to change any part of their body for cosmetic reasons and only about 28 percent of American adults feel themselves attractive.

Primping (dressing neatly) and preening (beautifying) are integral human characteristics. People purchase jewelry to draw attention to a body part or distant from a body part.

Psychologists say that women more possibly takes care about how they look, whereas men assesses themselves by what they can do. Due to the inheritance in the human psyche, most jewelry is purchased by women.

A new study reveals that the richest Americans, who are upset by the state of the economy, are cutting back on expenditure on luxury items and jewelry, as they are more bothered about their own financial security and worried that the recession will last more than a year.

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April 15, 2010

Promising Online Shopping Market Of UK Till 2013

Filed under: Business — Tags: , , , — Winson @ 6:43 AM

Online shopping market is the more promising and fastest market in current business world. As per the report of e-retail, e-commerce is rolling with golden opportunity and capable to oppose any economic crisis.

UK has one of the fastest growing online retailers. They made £30bn online spending for the next year despite of increasing competition in the segment. UK online retailer, set to reach £2.4bn this year, and expected to reach £31.2bn in 2013. This will be equivalent of a 10 per cent slice of the total retail sector. For current condition of market, individual retailers formulate two clear strategies:

  • Succeeding through the recession
  • Targeting growth beyond the present growth

The total retail market maps this year only 0.6 percent growth. But online market made a 13 percent growth and people are planning to spend more on the e-commerce. Online shopping creates a huge competition with the non-online retailer. According to Pinkerton, Success depends on a company’s ability and a consistent shopping experience across all channels has high difference and propositions.

Hence, all major development visualizes a better market scenario for UK online market. They will be capable to oppose against any financial and other kind of problem.

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