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Smart Insights: Fashion and Lifestyle

The fashion and lifestyle industry faces just about every challenge going: from demand driven Omni-channel retailing that puts customer loyalty under pressure, to how to best optimize your distribution, or improve the ‘stickiness’ to your brand with successful retail promotions and customer experiences.

To successfully tackle these challenges, fashion and lifestyle companies need a clear understanding of consumer attitude and behavior, as well as brand performance at every touch point.

Whether clothing, textiles or lifestyle products (such as sports goods, accessories, bags, sunglasses), GfK tracks consumer preferences, shopping behavior, purchase trigger points and brand experiences across all points of contact with your brand. Our fashion market researchers analyze this data to highlight areas that will produce the greatest increase in overall customer satisfaction and loyalty. And we identify clear actions to help you achieve growth within the fashion and lifestyle industry.

Home and Living

Molemo Moahloli
South Africa
+27 11 803 1300
Latest insights

Here you can find the latest insights for fashion and lifestyle industry. View all insights

    • 07/06/17
    • Fashion and Lifestyle
    • Technology
    • Consumer Goods
    • FMCG
    • South Africa
    • English

    Turning browsers into buyers

    Our clients tell us that the biggest challenge facing them in fashion and non-food retailing today is conversion. Do you understand your shoppers' path to purchase?
    • 06/23/17
    • -INDUSTRIES
    • Fashion and Lifestyle
    • Media and Entertainment
    • Retail
    • Technology
    • Consumer Goods
    • FMCG
    • South Africa
    • English

    Centennials: Capturing tomorrow's opportunities

    Through unpacking Centennials we can not only predict the demands of the future but we can also understand the shifts in values which opens future untapped opportunity for innovation.
    • 06/06/17
    • Fashion and Lifestyle
    • Home Appliances
    • Financial Services
    • Media and Entertainment
    • Technology
    • Travel and Hospitality
    • Automotive
    • Consumer Goods
    • FMCG
    • Home and Living
    • South Africa
    • English

    Unpacking South African Millennials

    Marketers are familiar with the global definition of Millennials but few understand these consumers in the South African context. GfK gives you a lens into the South African's millennial.
    • 07/11/17
    • Fashion and Lifestyle
    • Technology
    • Global
    • English

    The devil wears smartwatches: Why fashion brands are sizing up the wearables market

    It’s safe to say that many of the first smartwatch devices to hit the market were seen by consumers as kind of ugly, a little bit clunky and certainly nothing you’d catch Miranda Priestly wearing on her wrist. And as discussed in Tech Trends, wearables on the whole have yet to make their mark across today’s global industries. But now, with the help of big fashion brands, we’re starting to see some attractive developments and growth potential for these products. Fashion brands have clocked that smartwatches can be a lucrative area within the wearables market – primarily because models that look appealing matter most to a large number of consumers. Health and fitness trackers currently dominate the marketplace. Our latest data from January – March 2017 shows that in Europe, they account for 54% of unit sales in the region while in Asia the figure is 47%. Meanwhile, smartwatches are still in second but increased to 31% and 20% respectively.* So far, wearables have suited consumers whose main focus is to stay in shape – but what’s out there for people who want to embrace the latest technology and look stylish at the same time?

    Watch out for the real trend setters

    This is where designer brands have the edge. The technology industry has been known to set trends, but let’s not forget that fashion is no slouch in this department. Fashion businesses think about design. Before getting bogged down with the technical details, their first priority is to produce something that looks good. And this is where the opportunities lie. After all, wearables, as the name suggests, should be items people are able to wear – without looking like Inspector Gadget.

    Giving consumers what they want

    Tech players have tended to focus on device features as they cater for specific segments. This has brought success in sectors such as Health but as a result we’ve often seen a “one size fits all” approach to looks because design has been somewhat of an afterthought. Meanwhile, brands such as Michael Kors and Fossil have been offering fashion conscious consumers smartwatches that come in different styles and colors for different seasons and genders. They have started to think like their consumers and identified that it’s choices they may be after. The key issue here is whether design alone will be enough to boost smartwatch growth. Will consumers want more than a cool brand name if they are shelling out high sums of money for this technology?

    What needs to happen?

    To succeed, fashion companies must nail the looks as well as the technology of their wearable devices. It’s important that they include enough features for a smartwatch to be worth purchasing over a normal watch, but not too many that the device is overwhelming and confusing. This combination will be vital and opens up possibilities for tech and fashion companies to work together to realize growth in this market. Of course, there is a long way to go before we see smartwatches on the Paris catwalk, however, if designers continue to make strides in this area there may be a positive future for the wearables market. * Estimated total market base GfK POS data Jan 17 – Mar 17 from 16 European countries and CN, JP, KR, AU, TW, SG, HK, MY hbspt.cta.load(2405078, '21a485b5-4b1f-4174-9057-4e4a57d01b68', {});
Solutions
  • Brand and Customer Experience (BaCE)

    Brand and Customer Experience (BaCE)

    Brands are under pressure to develop emotional connections and relationships with consumers and business decision makers.  Brands need to respond in-the-moment, to enrich the customer experience – and develop strategies that influence ”moments of truth” throughout individual brand journeys.  

  • Consumer Panels

    Consumer Panels

    Your business is all about your consumers. So understanding them is essential in ensuring your products and services meet their needs, and in identifying opportunities for growth.

    Our international consumer panel data and research expertise provide you with smart customer insights into who your consumers are, their attitudes and behaviors, across channels.

  • Digital Market Intelligence (DMI)

    Digital Market Intelligence (DMI)

    When consumers shop, search, communicate, gather information and engage with companies or brands online, they behave differently depending on which device or screen they are using. They expect a consistent experience regardless of the channel or device they are using.

  • Market Opportunities and Innovation (MOI)

    Market Opportunities and Innovation (MOI)

    Brands are under constant pressure to maintain relevance in an increasingly crowded market. Identifying when, where and how to deliver compelling experiences that deliver new value for both consumers and brands is critical.

  • Point of Sales Tracking

    Point of Sales Tracking

    Retailers and manufacturers are under pressure to develop products and services that maximize sales and profit and to keep customers coming back.

    Success relies on having the most up-to-date sales data, combined with robust analysis to understand which products and services are performing well in the market – and which are not. With this information, clients can set clear strategies for commercial growth and increase return on investment.

  • Shopper

    Shopper

    Digital continues to open up new paths to purchase, changing how and where people shop. More and more data becomes available every day, as shoppers embrace multi-channel brand experiences.

    To stay competitive in this big data, multi-channel environment, businesses need to identify and leverage the most relevant data along the entire path to purchase. With this, companies can optimize each step of the shopper journey. 

  • Geomarketing

    Geomarketing

    Our geomarketing solutions and consultancy provide our clients with smart insights into location-specific factors that impact the success of business sites, shops, sales territories, target groups, as well as chain store and distribution networks.

Contact us
Molemo Moahloli
South Africa
+27 11 803 1300
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