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Tag Archives: shoppers
Manfluencer: Another New Term for the Retailing Dictionary
We have written about the important topic of the shopping behavior of men versus women several times before. See, for example, 1, 2, 3, 4. Now, let’s add another post to our collection — because this is such a timely … Continue reading
Posted in Part 1: Overview/Planning, Part 3: Targeting Customers and Gathering Information, Part 6: Merchandise Management and Pricing, Part 7: Communicating with the Customer
Tagged customer expectations, manfluencer, men, merchandising, opportunity, planning, segmentation, shoppers, trends, video, women
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Are Price Shoppers Worth Pursuing?
For many years, there has been intense discussion about the concept of customer lifetime value. According to this concept, loyal shoppers will make many purchases over their lifetime, thus enabling companies to accrue long-term profits from those shoppers. This concept … Continue reading
Learning from Customer Complaints
Watch this video clip from serial entrepreneur Gary Vaynerchuk about turning customer complaints into opportunities.
Posted in Online Retailing, Part 3: Targeting Customers and Gathering Information, Part 5: Managing a Retail Business, Part 7: Communicating with the Customer, Video Clips (non-career)
Tagged bad behavior, competition, complaints, customer expectations, customer loyalty, customer service, Gary Vaynerchuk, information, multichannel, online shopping, retail analytics, shoppers, tips, video
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