An 8% increase in free shipping highlights a shift in retailers’ strategies to emphasize customer experience to remain competitive. Despite this growth in free shipping, as well as marketing spend increasing 25% compared to the same time last year, new customer acquisition decreased by 11%. In addition, while the amount of inventory not being viewed by shoppers has decreased by 12%, which DynamicAction analysis suggests means retailers understand which items their customers are searching for, overall customer profitability has decreased 4% year-to-date. Read more in this article by Chain Store Age.
We all know by now that 2016 was the Year of Promotions for retailers, which drastically impacted their bottom line. As we found in DynamicAction’s...
REDWOOD CITY, Calif.--(BUSINESS WIRE)--DynamicActionannounces the newest product of its Retail...
Now more than ever, retailers that wish to stay competitive must develop an Amazon strategy and discover the mindset behind Amazon's operating model....
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