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Customer Loyalty Programs in Retail

365 Retail

In such a landscape, building strong customer loyalty is a necessity for retail businesses, and one of the most effective tactics they should have in their marketing toolkit is loyalty programs. And the impacts on customer loyalty are undoubtedly fantastic – Costco has succeeded to grow to 152.7

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Boost Sales & Loyalty: Mastering Retail Analytics Insights [2024]

Retalon

This technological marvel aids in refining inventory management, shaping marketing strategies, and sculpting pricing frameworks, contributing significantly to sales upliftment and fortified customer allegiance. Real-time monitoring allows businesses to stay agile—adjusting strategies as market dynamics shift.

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Brand Loyalty is Put to the Test

Rangeme

Like Janet Jackson, more consumers are asking brands, “What have you done for me lately?” In the past three months, more than 80% of consumers purchased a different brand from the one they normally buy and 44% said they would repurchase the new brand even if the original preferred brand was available again. 1 Devenyns, Jessi.

Consumer 105
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UK retailers: Get ready for ‘back to school season’

365 Retail

As back to school campaigns begin in full swing, the pressure is on retailers to engage with customers in more meaningful and personalised ways. Start by understanding your customer. The days of retailers blasting one single, generic message to their entire database are, hopefully, a thing of the past. . Real-time wins.

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Why Do You Need Business Intelligence for Your Retail Business?

RETAIL MANAGEMENT SOFTWARE

Leading retailers have embraced digital transformation and leveraged the latest business intelligence (BI) capabilities to identify market trends, spot shopping patterns and changes in consumer behavior, and make informed decisions based on valuable insights. BI is becoming more readily available to all sizes of retail stores.