Trend cluster
Category

Shoptimization

Innovative tools and apps helping shoppers maximize benefits and discounts.

Personalized Virtual BoutiquesPrice Drop Tracking ToolsIn-Store Discount AppsPersonalized Supermarket PricesSale-Monitoring Shopping Apps

Trend

What is the Shoptimization trend?

Shoptimization: With so many choices available in today's marketplace, shoppers are beginning to realize that paying full price isn't always necessary and that with fierce competition among retailers, there is always some reward or discount from which a shopper can benefit. Thus, a slew of tools and apps helping shoppers get the most out of their shopping experience -- whether it be through sale notifications or helping consumers optimize rewards -- have been hitting the marketplace. Not only will they influence the way people shop, but these shopping aids also stand to impact future retail strategy and promotion.

Trend themes

Themes within the Shoptimization trend

Three behaviours holding the trend together
01

Personalization

Tools and apps that offer personalized experiences and recommendations help retailers create deeper relationships with shoppers.

02

Data Analysis

Retailers that analyze and utilize big data gathered from shopper behavior and purchase history can offer more targeted promotions and discounts.

03

Convenience

Shopping tools that offer seamless and convenient experiences, like mobile payment systems and sale-monitoring apps, save shoppers time and effort.

Industry implications

What the Shoptimization trend means for industry

Where the trend changes the playbook
For

Retail Industry

Retailers can benefit by developing tools and strategies that offer personalized experiences, analyze shopper data and offer convenience.

For

Marketing Industry

Marketing professionals can help retailers by analyzing customer data and developing targeted promotions and discount programs.

For

Technology Industry

Innovative technology solutions that make shopping more convenient and personalized offer great opportunities for technology professionals to create exciting new products.

Trend signals

Trend signals for Shoptimization

Trend score 2.9 out of 10, from popularity 57%, activity 22%, freshness 8%.

Popularity57%
Activity22%
Freshness8%
Audience
50%Men
50%Women
  • Gen Alpha
  • Gen Z
  • Millennial
  • Gen X
  • Boomer (not a primary audience)
Market
North America
Europe
Asia-Pacific
South America

Evidence

Examples of the Shoptimization trend

6 featured examples from Oct 4, 2011 to Aug 22, 2012