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10 Different Techniques to Try to Increase High-End Retail Sales

Retail Focus

It’s one of the best ways to increase sales because it treats customers like individuals and tailors their experiences. Leverage Programs and Promotions Offer creative promotions to entice customers to buy. Use Strategic Pricing Create pricing strategies that reflect the value of your products and services.

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How Retail Businesses Can Excel With Customer Services

Retail Focus

Exceptional customer service goes beyond driving sales. The annual retail sales in the UK totaled 496 billion pounds in 2022, growing significantly over the last decade. Considering these numbers, retailers have valid reasons to go above and beyond to capture their fair share of the market.

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Why the NBA is going green and opening stores Down Under

Inside Retail

IR: Can you discuss the split between e-commerce and physical retail sales, and whether there are distinct strategies in place for each channel? Do you think the physical locations are or will enhance online sales? LR: We don’t view online and offline as disparate strategies.

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Is technology the answer to wrapping up 2021 in style?

Retail Focus

Supply chain issues and pandemic-related shortages continue to impact retailers worldwide, while the ever-accelerating shift to online shopping has left gaps in the high street – with House of Fraser the latest big name to announce it is closing its Oxford Street store in January. . Despite this, there are some bright shoots of recovery.

Consumer 311
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9 Common Types of Customers in Retail (and How to Sell to Them)

Retail Times

Every customer comes with his or her own set of traits, and retailers have to acknowledge these distinctions and tailor their approaches accordingly. To help you do this, we’ve compiled a list of the most common types of retail customers that you may encounter, along with tips on how to approach and sell to each one.