I want a perfect analysis for this chart and information The sector of hypermarkets and retail chains contributed the highest contribution tothe natural skin care products market, accounting for a revenue share of over 48.1percent in 2021. (Grandviewresearch, 2016).Global Natural Skin Care Products Marketshare, by distribution channel, 2021 (%)Direct SellingHypermarkets & Retail Chain E-commerce● Pharmacy & Drugstores OtherFigure 4: Global natural skin care products market (Grandviewresearch, 2016)From 2022 to 2030, the e-commerce segment is expected to grow at a compoundannual growth rate of 7.0 percent. The increasing use of the internet by consumers,as well as targeted marketing by businesses to reach all client touchpoints, areexpected to boost the expanding manufacture of natural skin products that are freeof harmful chemicals. (Grandviewresearch, 2016). The products can be sold byhypermarkets and e-commerce.

Increased penetration of smartphones and the internet has made empowered the customers with…

Answered: The sector of hypermarkets and retail…

Principles Of Marketing

17th Edition

ISBN:9780134492513

Author:Kotler, Philip, Armstrong, Gary (gary M.)

Publisher:Kotler, Philip, Armstrong, Gary (gary M.)

Chapter1: Marketing: Creating Customer Value And Engagement

Section: Chapter Questions

Problem 1.1DQ

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Netflorist’s transition to retailerAt recent forum at the Gordon Institute of Business and Science (GIBS) the Net florist storywas relayed by Ryan Batcher, MD and co-founder of Net florist. He also explained how theywent from being ignorant about all things to do with flowers (except for roses) to becoming theleading online florist retailer in South Africa.Net florist was launched in 1999 as a test case for an e-commerce company in South Africa,when online retail was still in the early stages of development. Bacher said they knew nothingabout flowers therefore there was very little initial focus on food fulfilment, strategy industry,market research and marketing, HR, technology, or the product. “As there is very littlecustomer loyalty online the only differentiator in our industry is product and service we haveto innovate he said since expanding our offering in true gifting confectionery and bakeryproducts and same day personalization of gifts, 60% of sales are from flowers and 40%…
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