Fringe benefits are advantages that the employer provides to an employee over and above the normal salary and wages, which may be in the form of cash support or assistance in daily needs of life or financial support for retirement age, or any other form to retain the high-quality people wit...
The points-based incentive programs encourage participants to collect all the points by participating in existing schemes and then redeeming the points for rewards. It can be used as incentives for customers to reinforce specific behavior and loyalty towards the brand. It is also used for employees ...
Additionally, a study by Accenture found that91% of consumersare more likely to shop with brands that recognize, remember, and provide relevant offers and recommendations. This highlights the value of personalizedproduct merchandisingin enhancing customer loyalty and driving sales. The merchandising is a...
Different merchandising strategies work best for a different type of retail business and the type of merchandise. They must be used for different purposes such as increasing sales, developing customers loyalty, increasing awareness of your brand, and increasing foot traffic in the store, etc. Followi...