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How retailers can thrive amid inflation: Strategies for the holiday season

Inside Retail

Retailers will need to adapt by promoting products that resonate with consumers seeking value. Events like Black Friday have already pulled forward holiday spending, leading to a longer, more consistent sales period, including the Halloween shopping event, which now exceeds more than $450 million in sales in Australia.

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Wiser Insights: Navigating 2023’s Online Back-to-School Retail Trends

Wiser

The emergence of eCommerce has transformed traditional shopping habits, with a growing number of parents and students turning to online platforms to fulfill their annual back-to-school shopping needs. Understanding these changes and adapting effectively is crucial for retailers who aim to capitalize on this annual shopping event.

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How Temple & Webster plans to use AI, private labels to reach $1b in sales

Inside Retail

People are still searching for things like sofas, but they are looking for more value, which is what we offer,” Coulter told Inside Retail. The brand has also increased its promotional activity and marketing investment. However, in this macroeconomic environment, customers are particularly responsive to a high-value offering. “We

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Why Understanding Modern Banking Products Adds Value to High-End Retail Strategies

Retail Focus

It’s not really like you’re only into selling luxury items; you have high-value offerings about tailored experiences that can speak volumes to financially savvy elite customers. It will also allow you to offer tailored incentives or rewards to customers who are CMA account holders.

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12 Proven Customer Retention Strategies in Retail

RETAIL MANAGEMENT SOFTWARE

Personalized Customer Experiences Customers today expect a personalized shopping experience. Personalization can take many forms, from customized product recommendations to special offers based on past purchase behavior. Retail businesses that tailor their interactions to individual preferences can build stronger relationships.

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Losing Shoppers in the Economic Downturn – Why its not such a bad thing!

Mike Anthony

In simple terms shoppers balance a number of value factors and cost factors in every decision they make. Shopper Economics explains that shopping decisions are a trade off between ‘value’ and ‘cost’. In other words – you need to promote or drop prices to a point where these shoppers are prepared to buy. Free of charge.

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Loylogic launches unique new loyalty point affiliate programme

Retail Focus

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.

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