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The rise of chief digital officers in fashion, luxury and beauty retail

Alida

Reporting to the president, the CDO took charge of all products and services across Nike.com, Nike+ as well the brand’s other digital platforms. Many CDOs bring deep technological expertise, but CEOs also hope that this new C-suite role can bring valuable consumer insight. Nike isn’t the only retailer to hire a CDO.

Fashion 154
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Generation Z statistics: New report on the values, attitudes and behaviors of the post-Millennials

Alida

By 2020, Generation Z will account for 40 percent of all consumers in the U.S. Fashionable design matters to 67 percent of #GenerationZ shoppers—more than any other generation ( TWEET THIS STAT ). To prepare for the future, companies should start building a relationship with Generation Z consumers now. Comfort-seeking travelers.

Travel 279
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Customer Journey Mapping Examples for Beginners

InMoment XI

A customer journey map is a diagram of all the places customers come into contact with your brand, online or off. The goal of journey mapping is to gain a deeper understanding of your customer, how they interact with your brand, and how each interaction affects your relationship. Plot Touchpoints. Or journey by departments ….

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7 Steps for Implementing a Closed-Loop System

InMoment XI

With so much riding on each interaction with your brand, you can’t afford to leave a negative customer experience unresolved. In fact, a study by Lee Resources reveals that 91% of unhappy customers won’t return to your brand at all. That’s where a closed-loop system comes in! Make Individual Contact.

Fashion 370
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Kate Spade Revamps Retail Experiences to Deliver Brand Values

Beyond Philosophy

Their website claims the brand has 175 shops internationally. Consumers for the luxury brand can look forward to a change in their experience. I’ll be honest, today we are exploring the experience of an industry I know NOTHING about, women’s fashion. One key for a luxury brand is called “aspiration.”

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Fiat Chrysler: The Latest Car Brand to Wreck Consumer Trust

Beyond Philosophy

I maybe old fashioned but surely ensuring your Customers’ safety is your BIGGEST responsibility as a brand. In Brands We Trust—Until They Disappoint Us! Each one of these car companies is a well-known brand. As well known car brands, each of us has thoughts and feelings about them. We as consumers love brands.

Consumers 101
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Why the Retail Industry Is Shifting to Direct-to-Consumer Sales

Win the Customer

Abercrombie & Fitch is counting on direct-to-consumer (DTC) sales to counter the retail apocalypse, Columbus Business First reports. leases expiring over the next two years, the fashion brand saw a 4 percent increase in sales, largely thanks to direct-to-consumer sales. Appealing to Online Shoppers.