Why Retailers Should Focus on Value, Personalized Service and the Local Market
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All of the elements above are part of what consumers today expect: a local, relevant and personalized experience. That's an expectation that requires more than a smile and a hello. The working definition of this personal service will vary by retailer and which segment of the market (high or low end) it expects to engage. Lower-income discount shoppers may be less interested in personal service, yet it's still a nice value add. At the upper end, personal service is a critical and expected component of the overall offer.
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- Companies:
- Amazon.com
- Target
- Wal-Mart
- Places:
- Little Rock
Jeff Weidauer
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