Customer Service
With many people taking the mantra โYou canโt take it with youโ to heart these days, nonessential spending is predicted to increase 22 percent over the next five years. According to numerous psychological studies, spending money on experiences makes consumers happier than purchasing material goods. Retailers that embrace this change in consumer ideology will push beyond the traditional product and locationโฆ
CX is a complex, critical piece of every business, but there are four simple ways to ramp up your efforts and bring up your CX score:
Macyโs is testing artificial intelligence (AI) in 10 stores across the country. The department store chain is partnering with Satisfi for the โMacyโs On Callโ app. Shoppers will be able to type in questions like, โWhere are shoes located?โ or โWhat floor is the bathroom?โ and the bot will be able to respond. Macy's claimsโฆ
Starbucks announced sweeping changes to its benefits program Monday that will allow U.S. employees to choose from up to six different medical insurance providers instead of one. The company estimates the new options could save individual employees up to $800 a year by being able to choose a more customized plan. Employees who work 20 hours aโฆ
Join us to discover what brands are doing to earn top rankings and learn the new, innovative ways theyโre using digital gift cards.
On Monday, Costco took the final step in severing its 17-year relationship with American Express and began exclusively accepting Visa for credit card purchases at its stores. For more than 11 million customers, the switch meant cutting up their Costco-branded American Express cards and swapping them for a new Visa card issued by Citigroup. A transitionโฆ
Ace Hardware has the most satisfied shoppers among home improvement chains for the 10th year in a row, according to J.D. Power.
Moosejawโs CEO will discuss the companyโs culture and how itโs been able to develop life-long relationships with its customers.
โWeโre like poker buddies,โ says Richard Buonomo about Mario Mirabella, his personal shopper at Brooks Brothers as he searches the shop for the right โbrownish button.โ โHe is very picky and fussy,โ says Mario, a second generation master tailor at the flagship store in New York. โBut we make everything perfect. Thatโs what a personal shopperโฆ
With the range of brands and products available today, consumers have an unprecedented number of options along their path to purchase, leaving retailers competing harder for consumer attention and pulling out all the stops just for a single purchase. It's important for resellers to work closely with retail partners to ensure retailers have the resources needed to connect with consumers successfully.