Personalization
Current economic factors mean marketers must use their shrinking budgets wisely. Yet brand marketers continue to waste about 25 percent of these precious dollars because theyโre not effectively using the correct data or insights to best understand their customers and unengaged audiences. The Most Prominent Mistakes Marketers Are Making โThe definition of insanity is doingโฆ
Personalized customer experience (CX) has become one of the key differentiators for retailers, and todayโs digital-savvy customers expect retailers to provide a seamless CX both offline and online. In fact, 82 percent of customers are even willing to share their personal information for personalized experiences. However, customers have also become conscious of how their dataโฆ
Imagine a long day of getting the kids ready for school, going to work, heading to soccer practice, and then coming home to make dinner only to remember that the clothes you ordered that didnโt fit are still sitting in your bedroom waiting to be returned. When you go online to initiate the return process,โฆ
In a larger-than-life Broadway theatrical production, the audience can often take for granted what happens behind the curtains to produce a stunning show. Instead, they bask in the delight of the show before their eyes. In retail, itโs not all that different. Shoppers tend to focus on the shelves or delightedly engage in the manyโฆ
The economic downturn is dramatically impacting consumer budgets, making shoppers think twice about their spending. This puts pressure on e-commerce merchants to adapt their online shopping experiences to maximize profitable conversions. Meeting this challenge requires a focus on five key areas: 1. Enhance e-commerce site search with dynamic ranking and merchandising. With every cent countingโฆ
For an advertiser looking for real-time conversions on its ads, retail media is nothing short of magic. Retail media ads connect impressions directly to purchases. You can see exactly how many people saw your ad and then completed a transaction. No other ad medium comes close. With retail media, brands can reach tens of millionsโฆ
Brands are under more pressure than ever to win the hearts and carts of todayโs consumers. Both personalization and video will continue to drive increased engagement, loyalty and conversions โ even more powerful when combined. If personalization increases online sales by an average of 20 percent and close to 50 percent of shoppers search forโฆ
Personalization, and personalized service, are crucial for luxury retailers, as they help to create a more engaging shopping experience for customers. Personalization can involve a variety of activities, including tailoring product offerings and marketing campaigns to meet the specific needs and preferences of individual customers; offering personalized recommendations, including upsells and cross-sells; and providing individualizedโฆ
The pandemic drove e-commerce to new heights, increasing pressure on retailers to get ahead of changing consumer behaviors. However, delivering e-commerce systems that provide a competitive advantage is one of the toughest challenges facing retailers today. The role of data โ and the ability to offer personalized retail experiences โ is increasingly critical, especially a requirementโฆ
In episode 389 of Total Retail Talks, which was recorded at the National Retail Federation Big Show earlier this year, Editor-in-Chief Joe Keenan interviews Linh Calhoun, chief marketing officer of Replacements, the world's largest retailer of vintage and current tableware, silver and estate jewelry. Listen in as Calhoun provides an overview of the Replacements business (0:46), herโฆ