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New Zealand opinion: Price or value?

  • News
  • June 15, 2017
  • Courtney Davidson
New Zealand opinion: Price or value?

When it comes to retail, the term ‘bigger is better’ has often been used. However, the modern retail has evolved and today’s retail environment is more fragmented than ever. 

According to Nielsen insights, fierce competition for shoppers has led to an increasing dependency on promotions among large retailers.

The Nielsen Global Retail-Growth Strategies Survey polled more than 30,000 online respondents in 61 countries to understand the pain and the pleasure points about the shopping experience. 

When it comes to what shoppers are looking for, price is important, but its not everything.

Price and value aren’t the same thing. High-quality produce (57 percent), convenient location (56 percent) and product availability (54 percent) are rated as highly influential in determining where to shop.

For New Zealand based in the Asia-pacific model, 44 percent surveyed said what was influential was that the store had great sales and promotions, and 33 percent said the store needed a good customer loyalty card program.

Only 45 percent surveyed said lowest price is the reason they would shop at the location, with over at that 49 percent placing more importance on value.

So when it comes to New Zealand and their spending habits, value, quality and experience placed well over lowest price.

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Stick to the facts when you’re selling

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  • June 25, 2018
  • The Register team
Stick to the facts when you’re selling

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First Aid Pod aims to give privacy to those in need

  • News
  • June 20, 2018
  • Elly Strang
First Aid Pod aims to give privacy to those in need

If you’ve ever been involved in an emergency in a public space, you’ll know that privacy is often desired for both the person under duress and the first aid responder trying to help. Three Dunedin retail workers had seen it happen all too often, so they’ve created the First Aid Pod – a pop-up tent that provides shelter and all the medical gear necessary to deal with such a situation.

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