Remove 2008 Remove Customer Experience Remove Target Market
article thumbnail

As Inflation Weakens Shopper Loyalty, Retailers Can Win Them Back With Data and Personalization

Retail TouchPoints

As a result, retailers need to rethink how they attract and retain customers by looking at data not just from recent months but also from the last time shoppers felt this much economic pressure — the Great Recession of 2008-2009. How do you engender loyalty with these customers?” Targeted marketing. Targeted email.

article thumbnail

From Clicks to Bricks: When Product Brands Should Make the Leap into Physical Retail

Retail Bound

Market analysis is one of them. Understanding your target market and the competitive landscape can help you identify opportunities and potential challenges in the physical retail space. Planning ahead will help you avoid unnecessary hurdles and ensure a seamless customer experience.

article thumbnail

Shopify research provides new insights on building brands consumers love

Inside Retail

This understanding is key to developing growth strategies to resonate with target markets, as different customer cohorts each have their own distinct relationships with brands – variously prioritising factors such as price, quality, and a shared sense of purpose.

Consumer 246