keepingitretail

[keepingitretail]

The lipstick effect is the theory that during an economic crisis, consumers will be MORE willing to buy LESS costly LUXURY goods.

For example, Instead of buying expensive luxury handbags, consumers will buy lipstick.

One underlying assumption for this is that consumers will buy luxury goods even if there is a crisis. When consumer trust in the economy is declining, consumers will buy goods that have less impact on their available funds.

Outside the cosmetics market, consumers could be tempted by expensive beer or smaller, less costly gadgets.

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#retail #luxury #lipstick #retailtherapy #crisis #economy #consumerism #economiccrisis #instadaily #cosmetics #makeup #beauty #economics #economictheory #learning #follow #luxurylifestyle #luxurylife #luxurygoods #lipstick💄 #lipstickeffect #education #interesting #economicdecline #instabeauty #instamakeup #retailnews #news #keepingitretail #ecommerce

#retailers #home & lifestyle #retail #lipstick

[keepingitretail]

#retailers #realestate #retail #retailtherapy #payment #innovación #innovation

[keepingitretail]

Retail News: SENSORY DEPRIVATION {virtual limitations: touch, smell}

IMPACTS?_____________

Please DM suggestions @keepingitretail by 5/1/2020 for consideration & credit.

Please help us collect a diverse perspective: @nordstromrack @vicidolls @retaildesignnerds @retailexpo @amazonfashion @neimanmarcus @apple @lululemon @victoriassecret @sephora @bedbathandbeyond @potterybarn @anthropologie @macys

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#retail #shopping #shoppingonline #mallmadness #retailtherapy #clothesshopping #newclothes #makeup #retailnews #fashionblogger #fashion #onlineshopping #shoplocal #shop

[keepingitretail]

Please submit any questions via DM message on Instagram @keepingitretail2020 by 5/1/2020 for consideration, credit and to receive a free publication of the first book in the series.

#retail #retailtherapy #keepingitretail #retailers #realestate #ecommerce

[keepingitretail]

Expansion Alert: Sauced BBQ & Spirits has been open for business since 2.10.2020 in Santana Row (San Jose, CA)

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#santanarow #sauced #sanjose #bbq #restaurant #retail #news #retailnews #bbqchicken #toprestaurant #california #expansiones #expansion #bbqlife #bbqlovers #getsauced #saucedbbqandspirits #saucedbbq

[keepingitretail]

Target is now adding more brick-and-mortar stores, including some the size of convenience stores!

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#retail #retailnews #target #storefront #storedesign @target #keepingitrealestate #retailtherapy #retailarchitecture #retailtrends #keepingitretail2020 #news #shopping #convenience #consumerism #consumerbehavior #shop #buying #trending #trendingnow #instagood #instadaily #instaretail #biometrics #departmentstore #targetshopping #targetshopper

[keepingitretail]

Expansion Alert: Sauced BBQ & Spirits has been open for business since 2.10.2020 in Santana Row (San Jose, CA)

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#santanarow #sauced #sanjose #bbq #restaurant #retail #news #instagood #retailnews #bbqchicken #toprestaurant #california #expansiones #expansion #bbqlife #bbqlovers #getsauced #saucedbbqandspirits #saucedbbq

#keepingitretail

[keepingitretail]

A few deductions from a review of retail research for retailers to consider.

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#shopping #shoppingonline #shoppingspree #shoptillyoudrop #retailtherapy #fashion #design #business #style #retaildesign #interiordesign #onlineshopping #onlineshop #community #shoppingmall #mallmadness #marketingdigital #retailtech #keepingitreal #keepingitreal #businessowner #retailer #retailmarketing