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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. One of the drags on profits for most direct-to-consumer retailers is advertising expenses. million on advertising in 2019 and 2020 respectively.

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eCommerce and its Profitability Issue. Why its So Hard to Make Money

Indigo 9 Digital

If getting the order to you is expensive what about returns? Raise your hand if you have ordered multiple versions of the same outfit in different sizes because you don’t know what your size is at a particular retailer. This process of ordering and returning goods is very expensive. Take mattress retailer Casper.

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How Chadstone became Australia’s most profitable shopping centre

Inside Retail

That focus on experience helped Chadstone become Australia’s most profitable shopping centre in 2019, and it’s at the heart of the centre’s next phase of development – a nine-storey office building and expanded dining and entertaining precinct. Inside Retail : What have been the biggest changes at Chadstone over the past 60 years?

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From Clicks to Bricks: Expanding Brand Loyalty Through Physical Stores

Retail TouchPoints

Now may be the perfect time for more DTC brands to explore physical retail — in a post-COVID-19 landscape with prime real estate more affordable than ever, and shoppers seeking social interaction as they become comfortable visiting retail stores again. An Emerging Retail Trend. Boost customer touch points.

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5 Ways Dollar Stores Make Money & Beat the Competition

Indigo 9 Digital

Add to that, Dollar General plans to open 1,050 stores in 2023. Dollar Tree which is planning to open as many as 650 stores this year. It’s something that takes months or years to plan, build and implement and it requires tremendous resources. Successful retailers have long known about the power of a strong private label brand.

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

Rangeme

If you plan to attend, exhibit, or speak at an international trade show, consider the following best practices. trade show attendance rates declined by 48% in Q2 compared to Q2 in 2019 and the number of exhibitors fell by 31%. July 23, 2019. 7 Top tips on how to plan a business trip. July 23, 2019. In 2021, U.S.

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Tim Hortons’ Turnaround Strategy, Why it’s Working

Indigo 9 Digital

Customers that were loyal to you don’t always return even when you are trying hard to get them back. But Tim Hortons, which started working on a turnaround plan in 2020, has been successful in improving its business. billion close to its pre-pandemic 2019 revenues of $6.7 in 2016 to -1.5% and its revenues in 2021 were $6.5