Inside Retail

JUNE 22, 2023

With high inflation and climbing interest rates, consumer sentiment is set to plunge further, with retail spending set to decline in the June quarter. But what are the implications of a retail recession, and just how damaging will it be for retailers and consumers? The consumer is certainly hurting,” he said.

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Inside Retail

MARCH 14, 2023

When it comes to the Asia-Pacific market , three in five marketing professionals regard social media as more important due to economic uncertainties, according to a recent State of Social Report from software firm Meltwater. It’s becoming more important for retailers to engage with consumers.

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Social Media Customer Retention Marketing Consumer 130

Creative Displays Now

MARCH 4, 2024

Retail marketing, or retail advertising, includes various tactics to spread awareness to your target audience and increase sales — from old favorites to newly launched goods. There are three primary types of retail marketing. Keep your brand at the front of customers’ minds. What Is Retail Advertising?

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Retail Marketing Strategy Marketing Social Media 52

RetailMinded

JULY 29, 2023

According to McKinsey & Company , 75% of consumers are exploring new shopping behaviors, indicating a significant change in their preferences and priorities. These statistics underscore the need for businesses to comprehend and adapt to the evolving currents of customer buying behavior. So let’s get to it!

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Strategy Consumer Social Media Customer Engagement 52

RetailMinded

JULY 29, 2023

According to McKinsey & Company , 75% of consumers are exploring new shopping behaviors, indicating a significant change in their preferences and priorities. These statistics underscore the need for businesses to comprehend and adapt to the evolving currents of customer buying behavior. So let’s get to it!

Strategy 52

Strategy Consumer Social Media Customer Engagement 52

Inside Retail

MARCH 7, 2023

In February, global trend forecaster WGSN boldly declared that “economic optimism is driving Asia’s consumers back in stores as they step away from their screens and live it up in real life” in its annual Asia Shopper Forecast report. These consumers are craving for real experiences after spending too much time online.

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Customer Retention Social Media Consumer Tailored 130

Inside Retail

SEPTEMBER 4, 2022

This global behavioural evolution – which has its roots in the accelerated e-commerce phenomenon consumers underwent during the pandemic – is particularly marked in Australia, where shoppers tend to be big fans of loyalty programs. . Classic loyalty programs are centred around capturing data and are powered by the adaptivity of data sharing.

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Engagement Customer Retention Perspective Tailored 147

Inside Retail

MAY 25, 2021

The only place to go for toilet paper or a social outing in some of the pandemic lockdown periods, supermarkets substantially boosted foot traffic and pickpocketed market share from retailers in other categories that were forced by government restrictions to keep their doors closed. billion, representing a 6.1 Pressure on suppliers.

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Inside Retail

AUGUST 9, 2023

At the same time, fraudulent consumer activity related to returns has been profit-draining for various brands. Other methods to reduce the growing number of returns include the implementation of artificial intelligence and machine learning tools. Doing this can be great for customer retention and will deter fraudsters,” she said.

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Pattern Customer Retention Strategy Merchandising 130

Retail Bound

MARCH 21, 2024

Source: Source: Harvard Business Review – The Economics of E-Loyalty Gaining a Competitive Edge – In a competitive market, offering net terms can differentiate wholesale retailers from their competitors. This competitive advantage can lead to increased market share and revenue growth.

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Expansion Flow Customer Retention Strategy 52

RetailMinded

AUGUST 25, 2023

Ranging from mastering social media marketing to embracing advanced SEO techniques, these strategies will help reshape your digital storefront for success. Leverage Social Media Marketing for a Wider Audience Reach Promoting your online store on social media is no longer optional.

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Social Media Customer Retention Strategy Engagement 52

Parcel Pending

OCTOBER 26, 2023

Retail digital transformation is when retailers leverage technology, e-commerce, omnichannel marketing and Artificial Intelligence (AI) to drive operational efficiencies while offering a customer-centric approach to retail. With a mobile phone in the hands of virtually every shopper, competing merely on price also became outdated.

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Customer Retention Consumer Social Media Marketing 52

RetailMinded

SEPTEMBER 30, 2022

In other words, modern companies need to make the most of their stored data in CRM systems. This approach has proven useful in various fields, including digital marketing, ecommerce, B2B business, etc. At its core, technographics is a type of market segmentation. It depends on whether the data focuses on B2C or B2B markets.

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Customer Retention Marketing Pattern Management 52

Inside Retail

MAY 16, 2022

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. Just as product pricing may differ from channel to channel, so does customer marketing.

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Promotion Pattern Advertising Consumer 130

RetailMinded

MAY 16, 2023

The truth is that online businesses have to work hard for their sales, just as any other company does. M-commerce gives businesses access to consumer data, which can be useful for customer retention and product development. With m-commerce, customers can shop at any time, anywhere.

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Customer Retention Social Media Pattern Other 52

RetailMinded

FEBRUARY 19, 2022

Customer retention requires a well-balanced blend of gilt-edge experience and customization. Merchants serving a global audience need an added layer of personalization; tailoring their payment method offering to consumers in each market. In Asia, consumers typically prefer mobile e-wallets.

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Consumer Customer Retention Tailored Balance 52

Parcel Pending

APRIL 20, 2022

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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Social Media Consumer Customer Retention Marketing 52

RetailMinded

APRIL 20, 2023

By embracing new technology, digitizing processes, streamlining staff training, and enhancing the customer shopping experience, businesses can improve operational efficiency, foster customer loyalty, and drive revenue growth. Consider factors like customer flow, product placement, and store aesthetics to optimize your structure.

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Layout Customer Retention Social Media Flow 52

Parcel Pending

JUNE 3, 2021

Improving the post purchase experience for your customers pays dividends in terms of sales, customer loyalty , and lower customer acquisition costs. Specifically, a good post purchase customer experience delivers four key benefits: . Clearly, the customer experience doesn’t stop after the purchase has been made.

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Customer Retention Consumer Flow Tailored 52

Parcel Pending

APRIL 30, 2021

Providing a positive customer experience is so important when it comes to short-term and long-term success in retail. Over the last year, we’ve seen a major boost in the use of curbside and lockers, and the majority of consumers – 78% – intend to continue using both of these shopping methods post COVID-19. Automated Lockers.

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Customer Retention Shopping Line Consumer 52

Parcel Pending

JUNE 24, 2021

Retail stores continue to play a big role in the customer experience, bringing in impulse purchases, acting as brand builders, and efficiently traversing “the last mile” to get purchases into the hands of consumers and improve their customer retention rate. Sales increases of 2x (approximately double). prediction 3.

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Department Stores Customer Retention Consumer Shopping 52

Parcel Pending

JUNE 24, 2021

Retail stores continue to play a big role in the customer experience, bringing in impulse purchases, acting as brand builders, and efficiently traversing “the last mile” to get purchases into the hands of consumers and improve their customer retention rate. Sales increases of 2x (approximately double). prediction 3.

Department Stores 52

Department Stores Customer Retention Consumer Shopping 52

Compliantia

FEBRUARY 2, 2023

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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Customer Retention Strategy Layout Consumer 53

Compliantia

FEBRUARY 2, 2023

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%

Customer Retention 52

Customer Retention Strategy Layout Consumer 52

CRP

JANUARY 27, 2023

Businesses – startups or big players – have inundated the online world with marketing static. Consumers have understandably grown skeptical about brands indulging in self-promotion. This is why the demand for unique and innovative digital marketing strategies has increased. But she saw opportunity beyond the gram.

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Gifts Fashion Color Promotion 52

Compliantia

MARCH 1, 2021

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. Another way to add the “convenience” in c-stores is to allow your customers to serve themselves.

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Promotion Line Customer Retention Location 96

Retailing Insight

JANUARY 10, 2022

G lobal data indicates that consumer use of e-commerce has unquestionably risen during the COVID pandemic and now includes essential and non-essential items formerly purchased most often in-person. While some e-commerce merchants send daily emails, many customers don’t like to feel over-contacted. There are a reported 3.3

Shopping 52

Shopping Customer Retention Jewelry Form 52

Compliantia

MARCH 1, 2021

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. Another way to add the “convenience” in c-stores is to allow your customers to serve themselves.

Promotion 53

Promotion Line Customer Retention Location 53

Inside Retail

AUGUST 11, 2021

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. Delivery issues are the most prominent reason consumers detract from top retail brands, while affordable pricing drives advocacy.

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Customer Retention Consumer Gifts Advertising 162

RetailMinded

FEBRUARY 8, 2023

Reinforcing this are technology leaders who aim to deliver profitable solutions for merchants looking to achieve clarity to their inventory, supply, logistics and consumers – ultimately creating more dynamic, more engaging and more profitable retail experiences. Director of Relationship Marketing Strategy, Merkle, a dentsu company.

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Customer Retention Strategy Engagement Planning 98