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JD.com’s discounts and Apple’s price cut Lunar New Year retail strategies

Inside Retail

As the Lunar New Year approaches, retailers around the globe are eagerly gearing up to embrace the festive spirit and capitalise on the significant market opportunities that this joyous occasion brings. One of the best examples of this came from China, as Apple reduced its retail prices on select iPhone models by almost $70.

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Digital Is Turning Retail Into An On-Demand Model

Retail TouchPoints

To attract a new generation of shoppers, retailers are looking to redefine go-to-market strategies and reimagine the customer experience inside their physical store locations. To accomplish this, operational models need to be adapted quickly.

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Carousell co-founder talks LuxLexicon acquisition and future of re-commerce

Inside Retail

Founded by Florence Low in 2016, LuxLexicon will maintain its autonomy within Carousell Group, with Low continuing to spearhead operations under its established brand. For the ‘Certified Luxury’ program, data science modelling is used to better understand market demand and trends to guide pricing and purchasing decisions of bags. “We

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2023: Ring in Retail Profits by Stopping Automated Threats

Retail TouchPoints

Specifically, bot operators continue to siphon retailer profits with increasingly sophisticated automated threats — including account takeover, web and API scraping and more. ATO attacks cost retailers millions of dollars each year. Because of this, it’s shockingly expensive to process all of this fake traffic.

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How customer loyalty helped Myer bounce back

Inside Retail

After a rollercoaster six months of lockdowns, Christmas and Omicron, department store Myer yesterday delivered a strong half year result with net profit up 55 per cent and its first dividend payment since FY17. We know the program is a highly valuable differentiator in the market.”. Loyalty is king.

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Scaling Up Sales in Enterprises: Weighing Discounts Against Free Shipping

Wiser

When it comes to online retail, pricing strategies can make or break a business’s success. Discounts have been a traditional marketing tactic for as long as commerce itself has existed. On the other hand, free shipping has emerged as a potent marketing strategy in the era of eCommerce.

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15 Best Apps for a Business Selling Clothes

Small Biz Trends

With the power of the internet and speedy delivery services, you can now start selling clothing online sending them anywhere in the globe. It’s a Huge Market to Sell Clothes Online. It should be no surprise there’s a huge market for reselling clothing. However, there is a 5% service fee if you ship an item.