Retail Entrepreneurship

Retail spaces prioritize the empowerment of small entrepreneurs

Implications - Businesses are using their physical and digital retail spaces to empower small entrepreneurs, offering various platforms for them to both create and sell their products and services. Such interactive spaces benefit small business owners for their ability to foster collaboration, bringing down the costs associated with marketing and retail space ownership.
Workshop Question - How could your brand foster collaboration with or between small businesses?

Trend Themes

  1. Empowering Small Entrepreneurs Through Retail Spaces — Businesses are offering various platforms for small entrepreneurs to create and sell their products and services.
  2. Multi-functional Concept Spaces — Entrepreneurial practices offering gallery and co-working spaces, as well as retail shops, are constantly evolving to explore new landscapes.
  3. Mobile AR Stores — Augmented reality experiences are being integrated with mobile shopping to mimic the experience of browsing products in a physical store.

Industry Implications

  1. Social Media and Online Listening Platforms — Online tools like Awario help businesses improve online strategy by providing social media and online listening and analytics.
  2. Co-working and Shared Workspaces — Retail spaces like WeMRKT by WeWork provide entrepreneurs with greater visibility and shelf space for their products.
  3. Innovative Retail Concept Stores — Retail spaces like The New Stand by eBay provide small businesses with a chance to shine and offer limited-edition boxes filled with unique snacks.
5.3
Score
Popularity
Activity
Freshness
Patterns
Megatrends
5 Featured, 45 Examples:
151,020 Total Clicks
Date Range:
Jun 18 — Aug 18
Trending:
Warm
Consumer Insight Topics:

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