Top 3 Opportunities/Challenges Ahead for Shoe Stores
Ad-ology Research recently updated their Industry Marketing Insights report for Shoe Stores. The following are the predicted Top 3 Opportunities/Challenges from the report for this industry for the upcoming 12 months:
* The toning/shaping segment is expected to continue boosting walking shoe sales, which grew 33% in 2009.
* Shoe retailers should cater marketing to African-American women: A 2010 survey revealed that 70% plan to buy shoes in the near future.
* While cost is important to shoe buyers, many are fiercely brand-loyal, which may lead them to a particular retailer. Despite weak economic conditions, shoppers appear to still focus on quality brands, perhaps due to their durability and reliability.







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