Now that all the wrapping paper and ribbons have been cleared away (almost?), we are faced with the issue at hand: returning those gifts that a) didn't fit, b) didn't work or c) didn't thrill us. This can be a daunting process especially as many retailers have strict rules about returns. According to these findings, product returns cost manufacturers and retailers more than $100 billion each year.
Topics:
product returns,
know your audience,
holiday marketing,
marketing tactics,
marketing strategies
Topics:
retail industry,
self-gifting,
Marketing to Women,
holiday marketing,
marketing strategies,
PR
We’re definitely in the thick of the holiday shopping season, what with Black Friday and its newer counterpart, Cyber Monday having passed by a few weeks ago. No matter, it’s not too late to identify and reach consumers to boost those holiday sales. Thanks to a Retail Shopper Segmentation System by Experian Simmons, businesses can be more aware of who is shopping and therefore strategize on how to reach them. The market research finds shoppers to fall into the following 6 segments:
Topics:
market segments,
Marketing to Women,
know your audience,
holiday marketing,
shoppers,
PR
