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Stores are back, but will the inventory be there?

Inside Retail

With 40 per cent of shoppers in the same study stating that out-of-stock items would constitute a bad experience, this could make or break customer retention, compromising top-line growth and customer satisfaction. Retailers must ensure they have complete confidence in the data reflected in their inventory management systems.

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The retailer’s guide to Valentine’s Day

Inside Retail

Gifts have long since been a consumer favourite for Valentine’s Day celebrations. Encouragingly, Emarsys’ Power to the Marketer research found 46 per cent of retailers are turning to more web personalised technologies this year which will play a major role in customer experience, CRM, and customer retention.

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“It’s simple”: Ex-Burberry exec on why you should listen to customers

Inside Retail

One of the major missed opportunities of most retailers is that in the rush to gain new customers, they often fail to treat their existing ones well, said Newman. It sounds obvious, but start treating your customers like people and not numbers. Send a little gift with it to show the purchase is appreciated. Delivering a product?

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What data tells us about retaining customers during Covid

Inside Retail

Customer retention is important to every business, but loyalty is hard-won, especially when a single bad customer experience can now be easily amplified to a mass audience in a matter of seconds. There has also been an even greater surge in demand for same-day delivery, which increased over 250 per cent in Australia last year.

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Influencer-Inspired Packaging Trends 2023

CRP

With the intention of feeling like a gift to oneself, customers truly feel the promise of quality, care, and attention to detail from the moment they open their package. Gift with Purchase: Influencers love a good gift in their PR box – heck, we all do! Image Courtesy: MM.LaFleur 3.

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Adapting To Changing Consumer Behavior: Strategies For Indie Retailers

RetailMinded

Of course, all these efforts in creating an enhanced online prominence should be coupled with flexible shipping and return options, as well as discounts and promotions, as a way to cultivate customer retention and satisfaction. Create a loyalty program: A loyalty program effectively rewards customers for repeat purchases.

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Adapting To Changing Consumer Behavior: Strategies For Indie Retailers

RetailMinded

Of course, all these efforts in creating an enhanced online prominence should be coupled with flexible shipping and return options, as well as discounts and promotions, as a way to cultivate customer retention and satisfaction. Create a loyalty program: A loyalty program effectively rewards customers for repeat purchases.