Remove Accounting Remove Consumer Remove Marketing Remove Value Offer
article thumbnail

Business Growth through Digital Transformation: The Case of Premium and Luxury Brands

Retail Focus

In a world where consumers’ behaviours, expectations, and preferences are rapidly changing, premium and luxury brands are faced with a unique challenge – how to preserve their identity and exclusivity while adapting to the digital age (Purwar 2019). Modern luxury marketing relies on the omnichannel experience.

article thumbnail

Dollar General expands its private label brand

Mass Relators

We have made significant enhancements to our private brands in 2023, and we know how important these value offerings are for our customers,” said Emily Taylor, executive vice president and chief merchandising officer at Dollar General. “We mass retailer or grocer.

Grocer 52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Every Pricing Strategy You Could Be Using Today

Wiser

Wrapping it up into one high-value offering removes some stress from the customer because they don’t have to think about all of the individual charges that they might have incurred otherwise. The product is offered at this price consistently and it can help win market share. Captive-Product Pricing. Limit Pricing.

article thumbnail

How to Implement Dynamic Pricing

Wiser

Dynamic pricing guidelines should be in line with changes in the market. Your competitors’ prices are yet another factor to take into account – in fact, they are so important, they needed a section of their own. This can be due to excellent customer service, or a unique value offered. Competitors’ Prices.

article thumbnail

Guest Post: Customer Pain Points – How to Identify and Address Them

Hyken

This week, we feature an article by Manpreet Singh Chawla, senior digital marketing executive at Knowmax , a SaaS-based organization that offers knowledge management solutions for various industries. Your support staff is expected to respond as soon as a consumer raises a question. What are customer pain points?