Wiser
OCTOBER 30, 2023
It’s not about merely undercutting competitors but offering value to customers while maintaining robust profit margins. Businesses that can strike this balance can secure the Buy Box at higher rates, transforming their eCommerce performance and success in the long run.
Retail TouchPoints
FEBRUARY 15, 2022
Meanwhile, rising energy, shipping and labor costs means higher prices for many grocery items. As Mark Cuban said recently , “We have bifurcated into an economy where there are companies that are good at AI and then there is everybody else.”. Merchandise assortments will shrink dramatically.
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Inside Retail
AUGUST 15, 2023
However, in this macroeconomic environment, customers are particularly responsive to a high-value offering. “We Customers start caring about every dollar they spend, do more research and are looking for value. About 70 per cent of what we sell is drop-ship, so there’s no inventory.
Wiser
SEPTEMBER 18, 2023
The convenience, variety, and value offered by online platforms presents a compelling proposition for consumers. Parents and students alike can browse and compare a vast array of products at their leisure from the comfort of their homes. Ratings and reviews are a key piece of the puzzle and show popularity and value.
Retail Focus
APRIL 8, 2021
Dezerved is a brand new online marketplace launched by Loylogic to connect loyalty programmes and previously closed-off communities of high-earning individuals with exclusive offers from some of the most luxurious brands in the world. No move underlines this point better than the launch of Walmart+ by America’s largest retailer, Walmart.
Independent Retailer
OCTOBER 7, 2021
The findings were enlightening and revealed that customers feel underappreciated, undervalued at this time of year, and are distrustful of brands that offer Black Friday discounts. For instance, respondents said: Promotions offering early access to sales make consumers feel positive about brands (75%).
Small Biz Trends
JUNE 22, 2022
Contact customers directly to explain the upcoming price hike, and be sure that the messages are personally directed at each individual customer by name. Due to global inflation and unforeseen shipping and raw materials costs, our business will be making a small price adjustment to [Produce or Service] by [$Amount]. Mike Trevor.
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