Remove Customer Experience Remove Customer Retention Remove Fashion
article thumbnail

Why retailers view CX as a ‘nice-to-have’ rather than a core driver of revenue

Inside Retail

In 2025, retail is definitely a battleground where the customer experience (CX) can make or break a brand. In an industry where 86 per cent of consumers are willing to pay more for a great experience, yet only 22 per cent feel that retailers truly understand their needs, the gap between expectation and execution is massive.

article thumbnail

Innovative Fashion Business Ideas to Inspire Your Next Venture

Small Biz Trends

Key Takeaways Diverse Opportunities: The fashion industry offers various business ideas like sustainable clothing, personalized styling services, and online boutiques, allowing entrepreneurs to explore their passion and creativity. Are you ready to dive into the vibrant world of fashion entrepreneurship?

Insiders

Sign Up for our Newsletter

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

article thumbnail

Rent the Runway Raises Subscription Prices, Blaming Tariffs and Inflation

Retail TouchPoints

An email sent to the retailer’s subscribers and quoted by Glossy said, “Over the last several years, we’ve watched steep price increases unfurl across the board in fashion due to inflationary pressures and tariffs.

article thumbnail

Autumn Fair and SaveTheHighStreet.org unite to launch ‘Retail Makeover Mission’

A1 Retail

The campaign is looking for bricks-and-mortar businesses across gifting, home and lifestyle, fashion, and garden sectors with strong potential but facing specific operational challenges. The nationwide competition will offer two independent shop owners a chance to transform their business ahead of retail’s peak season.

article thumbnail

The State of Gamification in Retail: How Brands Can Take Advantage

Retail TouchPoints

Augmented and virtual reality (AR/VR) have entered the mainstream, creating an opportunity for a stronger brand-customer relationship that fuels ongoing loyalty and engagement. Fashion brand ASOS’ “ virtual runway ” is a prime example of this — allowing shoppers to see the clothes they wish to purchase modeled on the catwalk.

article thumbnail

4 Ways Retailers can Leverage Generative AI to Drive Revenue and Productivity

Retail TouchPoints

Retailers have a vast amount of data about customer shopping behavior and purchase history. Generative AI can dramatically improve customer experiences and drive revenue by helping shoppers find the products that most match attributes of what they’re looking for today, not just what they have purchased in the past.

article thumbnail

How to transform returns from a costly headache into a profit centre

Inside Retail

“Leaders in the industry understand they need to strategically address the post purchase journey and optimise for cost at each step while continuing to deliver a seamless customer experience.” The average rate of customer retention in e-commerce is around 38 per cent. million from customer experience time savings.