June 2023

June 2023

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HOW CAN YOU STAY COMPETITIVE IN THIS MARKET?

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Join us at our upcoming 24th State of the Nation CEO networking breakfast for the exclusive launch of our highly anticipated consumer and retailer sentiments survey results. Gain valuable insights into the thoughts and emotions of today's consumers and discover how retailers are reacting so you can stay ahead of the curve. This exclusive invite-only event by Retail Doctor Group in collaboration with the National Retail Association (NRA) is specifically designed for CEOs and industry leaders who are seeking to navigate the changes of the current market.

Location: Kirribilli Club (Sydney) - 11 Harbourview Cres, Lavender Bay NSW 2060

Cost: Complimentary - seats are limited?

Inclusions:?Complimentary light breakfast and barista coffee served

Don't miss out on this exclusive event! Register your interest to attend?and follow our LinkedIn page for more insightful content.

REGISTER NOW


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DEVELOPING EMOTIONAL PROFILES

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Did you know that by developing emotional (personality) profiles, you can effectively reduce your marketing and media spend by 50%? These profiles reveal the emotional characteristics of your target audience, including their motivators, pain points, and interests, which ultimately drive their purchasing behaviour. In today's challenging landscape of market contraction and rising inflation, it has become increasingly critical to customise your marketing messages with these emotional drivers. By establishing this deep connection, you can cultivate loyal brand advocates who will passionately support your brand.

Want to know how to build these profiles? Learn more about how our proprietary Limbic Insights? methodology can propel your marketing by booking a complimentary workshop for you and/or your team today.

CONTACT US: +61 2 9460 2882 or email us at [email protected]


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SHOWCASING THE LATEST INDUSTRY INSIGHTS AND TRENDS

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Our COO & Head of Insights, Anastasia Lloyd-Wallis and CEO, Brian Walker were delighted to have spoken at various events this month.

Anastasia spoke at the Naturally Good Summit and gave her insights on 'A day in the life of a future consumer' and was also invited to GME's conference to present on visual merchandising.?

Last week, Brian headed to Queensland to speak about retail revitalisation and the future of retail with Moreton Bay Regional Council.?

If you're looking for inspirational and engaging retail keynote speakers, download Anastasia and Brian's speaker packs here or call +61 2 9460 2882 to book today.


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LAY OUT YOUR STORE, THE RIGHT WAY

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Visual merchandising is a great way for your business to increase brand visibility. It is important for your store to stand out and stay in your customers' mind to ultimately create brand loyalty and build a lasting connection with your brand.?

Visual merchandising is at the heart of retail design - the fine art of persuasion.

Discover the transformative potential of our Fit For Business? system in optimising your store's layout and visual merchandising. By evoking emotions and creating immersive experiences for your customers, you can cultivate lasting connections and propel your business forward.

ENQUIRE TODAY: [email protected] or call us on +61 2 9460 2882.?


Essential?Content.

Check out our?blog?covering exclusive retail content on current trends, insights and hot topics. Discover our upcoming industry events?here.


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21% increase in brand awareness*

By utilising RDG's Limbic Insights? personality profiling, we developed a new marketing plan for Aussie Broadband, resulting in a 21% increase in brand awareness and a 7% increase in customer consideration.?READ MORE

*Average growth results experienced when full adherence to RDG proprietary methodologies has occurred


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The Future of Consumers - The Role of Research for the Tech Savvy Consumer?

In the digital age, customers rely on online research, reviews, and comparison sites for decision-making. Brands must simplify offerings, provide omnichannel engagement, and build emotional connections to foster trust and loyalty. READ MORE


Podcasts.

Tune into Retail Doctor Group's series of podcasts on the Future of Retail, the Future of Consumers and State of the Nation, as well as guest spots on leading industry podcasts.

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Inspiring Retail Leader: Margaret Porritt?

Our CEO, Brian Walker interviews Margaret Porritt, founder of Feathers Boutique and winner of the 2023 ARI Inspiring Retail Leaders award on her source of inspiration and how prioritising oneself is good for business. A truly inspiring and entertaining episode.??LISTEN NOW


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Growing Great Customer Loyalty Through Emotional Connection

How do you build a profitable loyalty program through emotional connection? We debunk myths on what a real loyalty program is and how to build true customer loyalty that will have customers choose you first every time. LISTEN NOW


Insights?Barometer.

A LOOK INTO CONSUMERS' MINDS AND BEHAVIOURS FROM THE PAST 12 MONTHS

91% of 25-34 year olds use social media to interact with retailers.

90% of consumers pre-research before committing to a purchase and search engines are often being used.?

Talk to the retail experts to understand what channels your target audience are using. CONTACT US: [email protected] or call us on +61 2 9460 2882.

Source: Retail Doctor Group's 2023 Consumer Trends.


In the?Media.

LATEST RETAIL NEWS?AND MEDIA COMMENTARY

Click on the image to read more.

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Our CEO, Brian Walker has authored a three part series published by C&I Media, on retail trends we predict for 2023 and beyond?- with a number that have already come into fruition. In this second article, he looks at the next five future retail trends and how these will affect the retail industry both in Australia, and abroad. Read it?here.

For retail commentary from our experts, email?[email protected]?or call us on +61 2 9460 2882.


What We're?Talking About.

READ THE TRENDING TOPICS OUR TEAM OF EXPERTS ARE TALKING ABOUT ON LINKEDIN

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Brian Walker

CEO

LinkedIn Top Voice NED


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Anastasia Lloyd Wallis

Head of Insights &

COO


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Follow?RDG's LinkedIn?page, your barometer covering?all current trending retail topics and news.


RDG?TV.

Subscribe to our?YouTube channel?for webinar recordings and insightful retail content

Click on the images below to watch the videos.?

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Vital?Statistics.

Source: Australian Bureau of Statistics

The seasonally adjusted estimate rose 4.2% compared with April 2023 and remained relatively unchanged,?0% on a month-on-month basis.

The following industries changed in trend terms in April 2023 from the previous month:

Food retailing -0.1%, Household goods retailing -1.0%, Cafes restaurants and takeaway food services -0.2%, Clothing, footwear and personal accessory retailing +1.9%, Department stores +1.5%, and Other retailing 0%.

The following states and territories changed in trend terms in April 2023:

NSW -0.4%, VIC -0.1%, QLD +0.1%, ACT -0.1%, NT 0%, TAS -1.5%, SA +0.6%, WA +1.0%.


As Australasia’s most awarded retail advisory and consultancy firm for over 18?years, we leverage our proven methodologies to guide you to achieving your business goals. Interested in building your business fitness? Get in touch with the retail experts to build your insights driving performance roadmap by calling us on?+61 2 9460 2882?or email?[email protected].

Insights Strategy Operations & Training

www.retaildoctor.com.au

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