Remove 2021 Remove Consumer Remove Customer Retention Remove Promotion
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Analysis: Keeping up the Covid cashflow

Inside Retail

per cent fall in revenues to the same period in 2021 when panic buying by consumers fuelled sales. Coles management and investors expected this decline, but it was cushioned by successful customer retention from 2020 trading and operational initiatives, including the refresh of the chain’s “Down Down” campaign.

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The 4 pillars of e-commerce profitability (promos aren’t always the answer)

Inside Retail

billion in 2021, but that still lags other major world economies in terms of online spending. Despite the challenges, an opportunity exists for traditional retailers to win new customers and increase their share of wallet through digital channels. Pillar 2: Product selection, pricing, and promotions.

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Digital Transformation in Retail: The Need is Now

Parcel Pending

With as many as 36 million Americans working remotely today, commutes have changed dramatically, translating into fewer store visits and location playing a smaller role in customer acquisition and retention. 10 Consumers upload photos or measurements, and the app determines a recommended size.

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D2C vs. Traditional Retail: What’s the Best Model for Your Business?

Parcel Pending

The D2C e-commerce market exploded during the pandemic as consumers were house-bound and took to online shopping to fulfill their grocery, wardrobe, home goods, and grooming needs. million consumers will buy from a D2C consumer brand in 2022 1 ! million consumers will buy from a D2C consumer brand in 2022 1 !

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12 Ways to Put the “Convenience” Back in Convenience Stores

Compliantia

This guide discusses a handful of practical ways to enhance the c-store experience and boost customer loyalty and retention. In the age of digital, consumers are always on the lookout for digital and tech-driven experiences. Times have changed, and so have consumer preferences. Offer lucrative discounts and promotions.

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How to Run a Thriving Retail Business Amidst Economic Uncertainty

Compliantia

Retailers and consumers alike have been facing the brunt of inflation of late. As COVID-19 and the ensuing government stimulus initiatives drove consumers to switch from services to goods, the surge in demand severely strained an already disrupted supply chain. in an effort to boost customer loyalty. in 2022 from 3.2%

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How to Run a Thriving Retail Business Amidst Economic Uncertainty

Compliantia

Retailers and consumers alike have been facing the brunt of inflation of late. As COVID-19 and the ensuing government stimulus initiatives drove consumers to switch from services to goods, the surge in demand severely strained an already disrupted supply chain. in an effort to boost customer loyalty. in 2022 from 3.2%