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How Retailers Should Deal with Digital Advertising Inflation in 2023

Retail TouchPoints

The advertising industry is managing growing fears of inflation and an economic downturn as many top retail brand advertisers are dealing with the effects. Even companies less dependent on advertising, such as Microsoft, reported a $100 million loss in revenue in its second quarter due to a reduction in ad spending.

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We Don’t Need to Wait for 2050: How CPG Brands and Retailers Can Take Climate Action Today

Retail TouchPoints

At the close of the COP26 climate negotiations, UN Secretary-General António Guterres acknowledged that current long-term sustainability commitments and climate targets are insufficient to avoid catastrophic global warming. At the very least, an ambitious 2050 agenda will take significant planning, stakeholder engagement and systems change.

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What is Price Image? Quick Guide for Brands and Retailers

Wiser

How can you set the right price , at the right time, but also do so in a way that is aligned with public expectations? Price image is defined as the perception of your prices by consumers, relative to the competition. Price image is defined as the perception of your prices by consumers, relative to the competition.

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Interview: What’s next for Bensons for Beds after its return to profitability?

Retail Gazette

Turning around an unprofitable business is no mean feat, but throw in a cost-of-living crisis where consumers have significantly pulled back on discretionary spend and that’s one steep hill to climb. in the 53 weeks to 30 September, up from a £15.4m loss in 2022. The private equity firm bought back Bensons but not Harveys.

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Tesco’s Strategy for Gaining Market Share

Indigo 9 Digital

Tesco’s success is not by accident it has a carefully crafted strategy that is keeping its competition in the cut throat grocery sector at bay. Perhaps it can be taken for granted but most consumers are struggling to make ends meet. That means they can securely and reliably shop us for everything at really great value, all the time.”

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Guest Post: Build Your Winning Customer Experience Strategy With These Quick Tips

Hyken

This week, we feature an article by Sukhdev Singh, Digital Marketing Specialist at Maxicus , a company that provides tech-enabled customer service solutions. Customer experience for a business encompasses many components like the ease of use, reliability of products and services, advertising, communication, packaging, etc.

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14 Top Health Influencers

Small Biz Trends

Build trust with consumers: Influencers also already have a rapport with their followers. So their endorsement may mean more than those consumers just seeing a random advertisement. Increase brand awareness: Consumers often need to interact with a brand multiple times before buying. Dr. Sanjay Gupta. Niche: Healthcare.