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Why Amazon challenger Temu is so addictive to shoppers

Inside Retail

At the time of publishing this article, Temu was the most popular free iPhone app in the US, United Kingdom, Australia and Germany. Value Many Australians might associate “made in China” with cheap price tags and low quality. Concerns are rising that Temu and its suppliers may be operating at a loss.

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What Is Social Commerce and Why Should You Care About It?

Wiser

It usually goes something like this: you’re scrolling through your feed looking at normal posts when you come across an advertisement for a product. Usually, these ads are targeted toward your interests, so they probably catch your eye. And this plan has worked! Nearly every time, right? billion dollars.

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Camp Puts Curation at the Center of Revenue Creation with Gift Finder Tool

Retail TouchPoints

Now, the Camp team is reflecting on its success and implementing a plan to further improve the product discovery tool for year-round revenue creation. “We Visitors need to answer only one question to get a fair share of results, but the more “data” they share about their needs, the more targeted the list will be.

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Opinion: Are anti-body editing initiatives only skin-deep?

Inside Retail

While effective solutions are often either prevention-focused or promotion-focused, Ogilvy’s move is neither. We see this when brands cut ties with their celebrity ambassadors as soon as things go wrong: Nike and many other brands cutting ties with Tiger Woods and Tag Heuer cutting ties with Maria Sharapova are among the examples.

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7 Tips to Aid Your Business Growth & Increase Revenue

Wiser

The way that you market and advertise can attract new customers and help improve your relationships with current ones, which in turn will boost your overall profits. The key to any well-executed business strategy is a set of defined goals followed by a thorough and precise execution plan. What Does It Mean to Increase Your Revenue?

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A Guide to Pricing Your Products

Wiser

There is no one-size-fits-all pricing strategy, you’ll need a plan that fits the specifics of your company. A ride at 2pm on a Tuesday in July will likely cost dramatically less than an 11pm ride on New Year’s Eve. You must also consider overhead costs like labor, shipping fees, stocking fees, or advertising fees.

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Key Takeaways From the Wiser Industry Leaders Retail Panel: Retail Innovation and Strategy

Wiser

The customer journey is a primary focus, with efforts aimed at enhancing it through strategic technology integration. Considering regional pricing through a zip code system, similar to practices by Target, Lowe’s, and Home Depot, could offer flexibility in pricing while maintaining customer transparency.