The future of shopping: what's in store? | The Economist
The future of shopping: what's in store? | The Economist
The pandemic has upended the way people buy—online retail has soared as high-street shops and malls close. Brands are now racing to exploit one of the most important weapons in the battle for buyers: their customers’ data.
Read our special report on the future of shopping here: https://econ.st/2Q8XQC2
Read more of our business coverage: https://econ.st/2OsXUw2
Listen to “Money Talks” weekly podcast on markets, the economy and business: https://econ.st/3cC4lor
How online sales are affecting supermarket profits: https://econ.st/3ctYwcE
Are brands turning their backs on Amazon? https://econ.st/3cBLGZQ
How Chinese e-commerce is evolving: https://econ.st/3cyMbnA
Can physical stores adapt to the pace of e-commerce? https://econ.st/38KMCtX
Why are warehouses becoming hot property? https://econ.st/3eJ3dSt
Is e-commerce competition rising? https://econ.st/3tnFBah
Has the “death of the supermarket” been exaggerated? https://econ.st/3eE38jb
The new rules of competition in the technology industry https://econ.st/3vxe33U
Amazing! Cheers
Based in China. Here we have great e-commerce however it also causes many retailer stores to shut down. I do enjoy the convenience of e-commerce but sometimes we got fooled by pics of beautiful models and the quality of clothes is a big issue. This was when I realized the importance of retailer stores where I could touch and feel the material and see if it fits me. However many of them did not survive after the pandemic. So it is a dilemma now.
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This Vid is the history (not future) of shopping:
A video talking about Shopify instead of Shein is far behind..
People will ask themselves in the near future ‘why are there a lot fewer jobs in the Service Industry and almost no small businesses’?
Is it too hard to understand that supporting Amazon and shopping Online drives more nails into the coffins of these local businesses?
Just subbed, about to check out some of your other videos!!! I think that you deserve way more views. Did you ever look into using promosm?? I think it would really help you grow your channel.
The world corrupt economic system is based on greed, speculation, manipulation, exploitation and fraud. These so-called economists they use gigantic, gibberish and fancy words to make them look like they are smart. Fact is, they are not smart at all. In fact, they are enablers and beneficiaries of the corrupt economic system.
Greed is the engine and profit is its transmission of the corrupt economic system of the world.
Замена качественной маркетинговой экспертизы, с коллегиальным обсуждением и обработкой отклика, на ручной труд, инфлюэнсеры = шаг назад в эволюции.
Половина дофаминовой отдачи = достижение рациональности, прежде всего ценовой, и комбо для набора нигридиентов, тоже оцениваниваемой как ценовой. Текстовые сортировщики как амазон и ebay помогают отсортировать выдачу. Инфлюенсер = шаг назад, в джунгли и каменный век.
Меньше восторгов, пример китайской практики это эволюция японской манеры шоппинга + kpop . Для других культур это каменный век , дичь, и неээфективность. Это скорее пример коллапса предложения, однообразия товаров, и гигантской толпы демпингующих реселлерров. Это так же первый шаг к монополизации сбытовых цепочек, и выкидывание за борт мелких перекупщиков спамящих на алижкспресс и eBay.
We the people needs anti monopoly laws strengthened or else we will end up with little gods not businessmen
Bently down all europ
All these efforts in big data and AI just to scam consumers into buying more useless stuff. Well done capitalism 🙂
The mainland Chinese just have no choice to "share" their data anyway……
Why to buy anything if we wont go anywhere.We should all stop feeding big companies
Quality is a real problem. Buying on line is over rated. I want to see, touch the item before I lay down my money.
Hi
Can buy baba share?
Thanks for sharing, quite informative and inspiring.
Great video but some problems with the sound quality in the commentary.
economist evolves only in China amd US
with online shopping there is a 100% increase in waste. half of the things i buy online end up in the trash can.
Am I too old for The Economist or are those cuts just too fast?
One action needed to keep my business alive is to open and sell online as well as at store!
no, i don’t get a buzz or a little tingle of excitement from buying something.
i get that tingle and excitement from making something instead of buying it. from having a peaceful day, not having to worry about propaganda flooding my feed again. not having to see the nwo narrative unfolding like a rafflesia arnoldii blossom.
Who is buying all this unnecessary stuff 🤔 that’s a better story
Go see whats in store for future shopping online at funhub empire, thats what i call a great standard! 4 days for my BIGBOOM speaker to arrive and its quality as described on their site
Chinguen a su puta madre todos los de the economist. Atte. México.
My trading journey was a matriculation of highs and lows, literally just like the market. you up, you down. Now I’m constantly up
Unbelievable data mining
Great video. but OH MY GAWD we don’t need any more stuff people! Minimalism is the only sustainable solution that would allow us to share this planet with all the people on it and not decimate the earth’s natural resources. Ditch the global supply chains. Go more local. And only buy what you truly need and can’t repair.
Nice video
Random question. Can anyone tell me the name of the song they’re playing in the background please?
After watching your video I appreciate your point of view.
We are a large e-commerce shopping platform.
Looking forward to in-depth exchanges and cooperation with you.
não entendi nada, mas compreendo 😉
Not sure about the shopping "dopamine hit", I only get a cringy feeling in my stomach from spending. I must be missing out
My teacher asked us to relate this video to the content we learned in economics a level.. I have no idea how to do it !! Can anyone please help ?
"Fast forward" means skip 40 years ofc
With my luck, half the stuff I buy online needs to be returned. Wrong product, faulty, broken, way too late, incomplete.
No joke. HALF.
My future is shopping in actual stores, from local people that I´ve known for decades.
Kk
Consumer to manufacturer – destroyer of companies/brands. "That’s really cutting out even the brands. So the factories start dealing directly with consumers". No one is talking about this. This is monumental.
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I HATE PINTEREST BECAUSE THEY TRY TO CONTROL YOU AND TAKE YOUR FREEEDOM OF CHOICE AWAY JUST LIKE THE DEMON CATS AND PELOSI !!!
Website will look more like stores and Stores will look like websites
interesting …
So, this is home shopping network on social media?
Its so easy to be negative. I don’t see any wrong with companies study high level preferences, nothing secret. Love the engagement and personalized options more relevant to me. Its awesome! Welcome 21century!
I miss old days when mall is awesome
Less human interactions eventually lead to lower birthrates.
I’m gonna be taking Economics at A-Level, i’m glad I find these videos interesting
1,.. .
Please tell me what is the book that admin mentioned in the video about ”personal customer data” that amazon wrote mentioned at 7’05 to 7’15 minutes. Thank you very much