You can use footfall analytics todetermine how successful a marketing campaign has been. If you see an increase in sales, for example, you can see if it was because of higher foot traffic or enhanced conversion rates. Footfall analytics also helps you determine how your company performs after ...
These aren't all innovative ways to attract attention to your store, get more customers, andincrease your retail sales, but they can give you an easy lift without a lot of cash outlay. To really get more sales, you need to convert more lookers to buyers. My online retail sales training ...
If you’re setting up a brick-and-mortar store, research the area's footfall and potential competitors. Research the busiest times of the week in your potential store locations to determine if they match your target audience. For example, if you’re targeting young mothers, you may want your...
Psychology in eCommerce Web Design: How to Increase Sales 11. Market your clothing line Marketing and driving sales are the most common challenges for online brands across all industries. The fashion market is highly saturated, so having a strong brand with a unique value proposition can help yo...
There’s no doubt that the retail industry has been hit hard by the pandemic. With reduced footfall and decrease in disposable income, the high street has been presented with its biggest challenge yet. Most retailers have had no choice but to invest in their e-commerce operations during the ...
Supermarkets and other retailers often use loss leaders to increase footfall and attract customers. Pay what you want pricing strategy Pay what you want or pay as you feel is a pricing strategy where consumers decide for themselves what they pay for products or services. A minimum price may be...
its growth is estimated to reach $2 trillion by 2032. This growth has been mainly influenced by the increase in consumer purchases in organized retail businesses like grocery stores, supermarkets, hypermarkets, convenience stores, and more. The change in consumers’ preferences towards health, conveni...
As you can see, mall loyalty programs — and coalition loyalty programs in particular — are a great fit for malls, plazas and shopping centers. With such a well-planned customer retention tool, malls can significantly increase footfall, encourage service consumption, and motivate customers to spe...
demand environment, the rise of Amazon and the wave of digital disruption occurring in the retail industry added to productivity growth from the shift to more productive online channels, yet the growth was accompanied by transition costs, duplicate structures, and drags on footfall in traditional ...
While large-scale retailer chains have dedicated merchandisers/supervisors to ensure proper implementation of planograms within their stores, smaller stores that belong to traditional trade can neglect planogram guidelines due to the complex environments and high footfall of shoppers day-in and day-o...