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Reshaping retail: 3 innovation strategies for the e-commerce era

Alida

Though brick and mortar sales are down only five percent since 2015, the closure of many anchor tenants has significantly impacted shopping malls. Brick-and-mortar is making a comeback , but many retailers struggle to drive sales. In these precarious times, both established and new retail players need to focus on customer needs.

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The Complete Retail Customer Experience Guide

InMoment XI

It can be argued that the customer experience is more important in retail than any other industry. The retail customer experience is also a complex one. The retail customer experience is also a complex one. It encompasses the in-store experience just as much as it does the online experience.

Retail 195
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Challenging Your Focus on Customers

Experience Investigators by 360Connext

This has led to an impressive turnaround in most of their results, including sales up year-over-year in stand-alone stores, on its website and in its wholesale business. By understanding both their customers and their retail partners, they now maintain the same inventory for 3 to 6 months.

B2B 285
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How Understanding Shoppers Can Save Retail

C3Centricity

Because retail is in crisis. If retail as we know it is to return to “normal” – and many, including the HBR have already declared this to be near impossible – it is important to understand what is going on in our shoppers’ brains. Online, even more than offline depends upon capturing customer data.

Retail 143
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As Brick & Mortar Retail Bounces Back Where Does The Future Lie?

Beyond Philosophy

It’s about brick-and-mortar retail because, after the pandemic, physical retail is bouncing back as people want a real-life experience after the lockdowns and other events. Customer Experience management has been absorbed into Customer Science in the past couple of years; how will that apply to brick and mortar?

Retail 160
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5 Keys for Multi-Channel Customer Support

Experience Investigators by 360Connext

It’s not uncommon to spot shoppers scanning bar codes in stores to see if there is a less expensive price via online stores. How many retailers are training employees to feel empowered when this happens? Instead, many retail workers view the web and mobile devices as competition. Don’t leave the channels in silos.

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Is the Future of Retail, Physical or Virtual?

C3Centricity

Denyse Drummond-Dunn · Is the future of retail in the stars? Will the future of retail be without physical outlets? Like many CPG companies, they were considering online retailing. Like many CPG companies, they were considering online retailing. Never miss an episode. The case for bricks & mortar stores.

Retail 119