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Pepsi introduces its smart can at Cannes.
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June 25, 2024

Retail Brew

T-Mobile for Business

It’s Tuesday. A new study found that affluent shoppers are now more likely to actively use discount codes while shopping online than lower-income shoppers. In this economy, it seems, frugality is for everybody.

In today’s edition:

—Erin Cabrey, Alex Vuocolo

MARKETING

In the can

Pepsi Smart Cans PepsiCo

Last week, PepsiCo used Cannes to introduce a new can.

Officially, it’s the Pepsi Smart Can, which Mark Kirkham, SVP and CMO of international beverages at PepsiCo, described as an “LED engagement platform” presented in the form of the soda giant’s classic beverage container.

The innovation, originating from the company’s Dublin-based team, is intended to be a new storytelling medium for the brand, as the device enables the company to deliver custom messages and offers to each recipient, starting with media and influencers, Kirkham told us. The video content displayed on the can was largely made by creators, and SVP and chief design officer Mauro Porcini said the hope is that it will spur the creation of content by the influencers who receive it.

The move comes a few months after Pepsi’s new visual identity—including a new logo and an updated color palette—began hitting shelves, and builds on its “Thirsty for More” brand platform. The innovation will serve as a unique method to garner brand impressions, Porcini said, and is a result of the soft drink company’s focus on entrepreneurial thinking in design.

Keep reading here.—EC

   

PRESENTED BY T-MOBILE FOR BUSINESS

Win customers’ hearts

T-Mobile for Business

These days, customers aren’t just looking for high-quality products. They’re looking for seamless shopping experiences, personalized brand engagement, and more.

To drive customer loyalty, retailers need to consistently deliver on these tactics—which means they need a reliable network to support it all. That’s where T-Mobile for Business can help.

T-Mobile’s most-awarded 5G network supports your retail biz with:

  • next-level Business Internet that ensures reliable connectivity across all devices and digital tools, empowering employees to deliver premium retail experiences
  • precise asset and inventory tracking, from warehouse to store shelves to a customer’s front door
  • safety and security tools that protect and encrypt sensitive data moving through a network
  • fleet management that optimizes routes to lower fuel costs and speed up delivery times

Modern shopping is a multifaceted experience with physical and digital touchpoints. Make sure to tap a nationwide provider with the consistent connectivity that can power your best shopper journey.

Get started with T-Mobile.

STORES

New gadgets

Shopify HQ Lance Mcmillan/Getty Images

Mass retail and e-commerce are coming together with a new partnership between Target and Shopify. The big box chain is working with the online platform to make trendy products from DTC brands such as True Classic and Caden Lane available on its third-party digital marketplace. The team-up allows Target to expand its assortment and offer more affordable options to an increasingly picky customer base.

Shopify merchants can now apply to sell through Target Plus, a curated selling platform that’s been around since 2019 and currently features more than 1,200 partner brands, including Crocs, Timberland, and Maui Jim.

Keep reading here.—AV

   

E-COMMERCE

Price finder

Search bar Napong Rattanaraktiya/Getty Images

Online shoppers are hungry for deals this summer, and Google has unveiled a series of new features designed to help them find and compare prices in search results.

Here’s a breakdown of the new features:

  • A “deals carousel” showcasing major promotions from the last 24 hours;
  • The ability to see “member pricing” on items, or the discounted price available to members at stores such as Best Buy and Petco;
  • A tool for tracking the typical price range of a given item over the past 90 days;
  • And an alert that notifies users when an item goes on sale.

Sean Scott, VP and GM of consumer shopping at Google, wrote in a blog post that summer has “become a major shopping season” and that “in recent years, online searches for ‘deals’ have spiked in mid July, even surpassing search interest in ‘vacation.’”

Keep reading here.—AV

   

TOGETHER WITH BLOOMREACH

Bloomreach

Return rates are soaring. We’re not talking about your portfolio returns. We’re talking about product returns. E-commerce purchases have an average return rate significantly higher than that of brick-and-mortar, which creates a serious dent in profitability. Check out Bloomreach’s e-commerce profitability use cases to learn how you can minimize returns and retain valued customers.

SWAPPING SKUS

Today’s top retail reads.

Prime time: Amazon has announced its Prime Day 2024 dates. (TechCrunch)

Shein on: China-based fashion giant Shein has filed for an IPO on the London Stock Exchange. (CNBC)

Drinking habit: A debate is raging on Capitol Hill as lawmakers weigh new federal dietary guidelines for safe alcohol consumption. (the Wall Street Journal)

Ramp up reliability: Get onto a network that covers your entire retail footprint. T-Mobile for Business helps you create a connected shopping journey, drive increased omnichannel performance, and streamline your supply chain. Start here.*

*A message from our sponsor.

JOBS

Stop waiting for your dream job to find you. CollabWORK puts you in front of the right opportunities in the online spaces you frequent. Get discovered by top companies and take control of your career path.

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✢ A Note From T-Mobile for Business

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