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Why Direct to Consumer Brands Struggle with Profitability

Indigo 9 Digital

Then there are those pesky returns. How often have you bought something online, then returned it without a second thought? For the retailer that’s a cost that eats into profits. We will need to generate and sustain increased revenue and manage our costs to achieve profitability. It’s expensive when you don’t have stores.

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6 Reasons Walmart’s eCommerce Strategy is Winning

Indigo 9 Digital

We also believe that by using stores effectively, Walmart mitigated some of the higher costs associated with the online channel” said Neil Saunders, Managing Director at GlobalData Retail. 66% of consumers surveyed said “best value for money” keeps them returning to a brand, taking the top spot in terms of consumer preferences.

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How Your Brand Can Have a Strong Presence at International Trade Shows

Rangeme

Looking ahead, the Center for Exhibition Industry Research doesn’t expect a return to growth for the industry until 2023 due in part to pandemic health concerns, and the cost and time savings of moving trade shows online. Manage it as a formal project, including resources, deadlines, and a budget. October 23, 2017.

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6 of the Top Reasons Online Businesses Fail

Indigo 9 Digital

An innovative idea and a slick website might get customers excited but many founders eventually realize it’s actually pretty hard and expensive to acquire customers when you don’t have any retail stores. And when your customers demand free shipping or when return costs add up a promising business can be put into jeopardy pretty quickly.

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7 Ways Amazon is Expanding Offline

Indigo 9 Digital

If you do subscribe to our retail trends newsletter to get the latest retail insights & trends delivered to your inbox. That was one of many reasons for Amazon’s acquisition of Whole Foods in August of 2017. And that's no different in fashion," said Simoina Vasen, managing director of Amazon Style.

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Wayfair’s Strategy – 7 Compelling Facts You Need to Know

Indigo 9 Digital

The costs a retailer “saves” by not opening and maintaining physical stores simply shifts elsewhere but at times those dollars aren’t as productive. If you do subscribe to our retail trends newsletter to get the latest retail insights & trends delivered to your inbox 5. You need a way to make the model work.”

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Nordstrom’s Strategy for Success, 6 Key Elements

Indigo 9 Digital

But Nordstrom has built a solid retail business over a number of years and has implemented many initiatives which any retailer hoping to succeed should emulate. If you want to know how Nordstrom has managed to stay relevant for so many years consider these six keys to Nordstrom’s success. Innovative store formats.