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The Association of Cycle Traders
This is a trade facing website.
Visit the ACTís consumer site at thecyclingexperts.co.uk.

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27 Feb 2020

The Government has issued guidance to assist employers and businesses provide advice to staff on the Coronavirus and how to preventthe spread of all respiratory infections

26 Feb 2020

CyclingIndustry.News' third annual Independent Retail Study is now available to purchase in full

26 Feb 2020

The ACT returned to iceBike* 2020 and focussed on three core initiatives; Ride it away, Cytech and Local Bike Shop Day

26 Feb 2020

Singer and now author Frankie Bridge has helped launch the search to find the UK's Best Small Shop of 2020

25 Feb 2020

The Environment Bill includes commitments on tackling plastic pollution and details how they plan on meeting the net-zero target by 2050

25 Feb 2020

From 20th February the new polymer £20 will enter circulation and begin appearing in ATMs across the UK

25 Feb 2020

The most recent updates from the APPGCW Cycling & Walking showcase

24 Feb 2020

Ideas that can help you to get your customers and the wider community involved in Local Bike Shop Day

17 Feb 2020

Why you should take part in Ride to Work Week 2020

17 Feb 2020

Register for your free trade entry to London Bike Show now

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Technology may hold the key

Posted on in Business News , Cycles News

Mobile technology holds the key to competing in the new retail market that is defining 2019.

Attention in the last couple of weeks has been on how retailers can compete in a tough, high standard market space.

onlien shoppingThe new retail market brings competition with Amazon, online brands and industry retailers as well as another side of competition from growing retail platforms like Instagram and Facebook. Mobile technology is also a playing factor in the competition changing how people shop and what they demand from the shopping experience.

What is so successful about Amazon and Instagram is that they tap into the retail market space challenges and competition and give customers what they want.

But advertising on Instagram and creating an online delivery platform is not always the answer, especially for independent retailers. Look at what Co-op and Made have done so successfully.

Co-op launched itself into online retail with its mobile-first approach to grocery ordering, but, Co-op uses technology to not only create a baseline for shopping but also to paint two-hour delivery as the new battle.

Made has used technology to their advantage as well, in a completely different way, with technology smoothing the shopping journey across all channels.

So what is the key to a new retail future?

Bringing together the technology, the new channels and understanding how your store can work in harmony with the new retail market space for your store and your customers, no one else's.

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