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Future Of The Shoe Industry, How Emerging Technologies Will Revolutionize The Shoe Industry, The Benefits Of Leveraging Robots In The Shoe Industry, And How To Earn Substantial Money Online So That You Can Afford To Procure Your Own Shoe Collection

Future Of The Shoe Industry, How Emerging Technologies Will Revolutionize The Shoe Industry, The Benefits Of Leveraging Robots In The Shoe Industry, And How To Earn Substantial Money Online So That You Can Afford To Procure Your Own Shoe Collection

          
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About the Book

This essay sheds light on the future of the shoe industry and explicates how emerging technologies will revolutionize the shoe industry. Moreover, the benefits of leveraging robots in the shoe industry are demystified in this essay. Furthermore, how to earn substantial money online so that you can afford to procure your own shoe collection is expounded upon in this essay. The future of the shoe industry will not only be characterized by dynamism as it continues to metaphorically evolve, but will also be eminently auspicious for shoe industry competitors, supply chain members, and customers. Technological advancements are profoundly changing the shoe industry and are rendering it all the more technology driven. The shoe industry industry shows no signs of decelerating anytime in the imminent future. Shoe industry competitors are poised to have prosperous, lucrative, and auspicious futures as disposable incomes rise among customers and as the desire to own more pairs of shoes builds traction worldwide among customers. Customers are making a more substantial investment into procuring footwear products. "The global footwear market size was estimated at $207,600,000,000 in 2018 and is expected to register a compound annual growth rate of 3.8% from 2019 to 2025. The market growth is primarily attributed to high demand for convenient and comfortable footwear. Moreover, companies are focusing on a few key parameters, such as innovative designs, product developments, and advanced technical fabrications, to boost the product sales" ("Footwear Market Size," 2019). Unsurprisingly, customers are buying more footwear products partially due to e-commerce platforms providing a "hassle free shopping" ("Footwear Market Size," 2019). experience. The "rapidly expanding e-commerce industry is also expected to be one of the key drivers of the global market. Moreover, consumers can easily compare different products and brands on e-commerce platforms. Asia Pacific is projected to be the fastest-growing, as well as largest, regional market from 2019 to 2025" ("Footwear Market Size," 2019). Brands that compete in the behemoth global footwear market are "engaging customers through social media platforms" ("Footwear Market Size," 2019) in order to "strengthening their presence in the e-commerce sector" ("Footwear Market Size," 2019). Brands that compete in the behemoth global footwear market will be all the more inclined to ramp up their social media marketing efforts in the coming years in order to further bolster their brand loyalty, brand recognition, and brand equity. Customers who purchase ample footwear products, such as sneakers, spend a substantial amount of time on social media platforms. In the digital era, successful footwear market competitors profusely understand that their customers are increasingly shopping for footwear products online or via mobile devices. Customers are often enticed into buying footwear products based on recommendations from influencers on social media platforms. Successful footwear market competitors profusely understand that influencers on social media platforms are worth sponsoring since they help shoe brands drive sales. In the coming years, more shoe brands will become all the more apt to put forth a greater investment into sponsoring influencers on social media platforms that their target markets follow. The future of the shoe industry will be eminently favorable for shoe industry competitors. "Growing awareness about health and fitness is resulting in an increasing demand for athletic footwear. Thus, athletic segment is expected to register the fastest compound annual growth rate of 4.4% from 2019 to 2025. Moreover, rising popularity of global sporting events, such as The Commonwealth Games, Olympics, and FIFA, has a positive impact on the product demand. Companies launch sports-specific products to increase their customer base" ("Footwear Market Size," 2019).


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Product Details
  • ISBN-13: 9798687020350
  • Publisher: Independently Published
  • Publisher Imprint: Independently Published
  • Height: 254 mm
  • No of Pages: 78
  • Spine Width: 4 mm
  • Width: 203 mm
  • ISBN-10: 868702035X
  • Publisher Date: 16 Sep 2020
  • Binding: Paperback
  • Language: English
  • Returnable: N
  • Weight: 177 gr


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Future Of The Shoe Industry, How Emerging Technologies Will Revolutionize The Shoe Industry, The Benefits Of Leveraging Robots In The Shoe Industry, And How To Earn Substantial Money Online So That You Can Afford To Procure Your Own Shoe Collection
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