CRM

How to Build a First-Party Data Strategy in a Post-GDPR World
May 18, 2022 at 5:23 pm

Retailers use and reliance on third-party data is changing due to rules on data collection established by privacy regulations such as GDPR and CCPA. In the coming years, all of the biggest web browsers, from Google Chrome to Safari, will prohibit the use of third-party cookies. This means retailers will have to solely rely onโ€ฆ

Can Conversational AI Boost Customer-Perceived Value?
April 27, 2022 at 1:22 pm

Customer perceived value is an oft-used term in marketing that looks at how consumers view services and judge their value. Additionally, customer-perceived value looks at the ability of a business or sales team to adequately meet customer needs and/or expectations. To truly understand and maximize customer-perceived value, businesses must accumulate insights from all customer conversationsโ€ฆ

Customer Obsession: Being Real, Sensitive, and Personal is a Requirement Now
March 21, 2022 at 1:35 pm

The latest post to take LinkedIn by storm wasnโ€™t an announcement about a startup raising millions in funding or an A-list executive joining the board of an industry titan. Rather, a highly personal story by self-employed writer, Niharikaa Kaur Sodhi, quickly went viral on the professional social networking site. Sodhi shared her courageous journey duringโ€ฆ

Customer Loyalty is Earned Through a Personal Understanding
March 17, 2022 at 10:23 am

It often seems as if retailers will try anything and everything to cultivate brand loyalty. More rewards. Steeper discounts. Lower redemption thresholds. The one constant of loyalty programs is change. Retailers continually analyze programs to determine whatโ€™s most effective in building a loyal customer base. New research from Dynata, in a survey commissioned by Redpoint,โ€ฆ

Authenticity, Social Commerce Spur D-to-C Brand ZOX's Growth
March 7, 2022 at 7:14 pm

In episode 339 of Total Retail Talks, Editor-in-Chief Joe Keenan interviews Jason Kuipers, CEO and co-founder of ZOX, an inspirational wristband brand. Kuipers discusses his professional background, how he and his brothers founded ZOX following a family arts-and-crafts night, and the goal behind the uplifting, wearable product line. He shares why ZOX sells direct-to-consumer toโ€ฆ

Retailers Arenโ€™t Getting the Benefit of the Doubt Anymore: Why The โ€˜COVID Grace Periodโ€™ is Gone and Never Coming Back
February 22, 2022 at 5:40 pm

Amid unending supply chain issues, e-commerce still booming as a result of the pandemic, and another COVID-19 variant looming, small to midsize businesses (SMBs) and retailers have had a chaotic 2021. This is a trend that will continue into 2022, but we canโ€™t expect consumers to give retailers a "grace period." Nearly two years afterโ€ฆ

The Pandemic Permanently Changed Consumer Behavior. Top 3 Retail Lessons for 2022.ย 
February 8, 2022 at 10:33 am

A year ago, we expected an eventual โ€œreturn to normal,โ€ but as we near 24 months since the onset of the pandemic, one thing is certain: a permanent shift in consumer behavior has taken place. In fact, according to the EY US Future Consumer Index, which has been tracking changing consumer sentiment since the startโ€ฆ

4 Things Retailers Can Do to Strengthen Customer Relationships in 2022
January 25, 2022 at 9:45 am

As marketers prepare for the evolution of how they use consumer data in their campaigns, there's a massive opportunity to improve customer relationships using more secure and accurate identity alternatives. While there's much doom and gloom in the media about third-party cookie deprecation, letโ€™s not forget that this event was ushered in by consumers themselvesโ€ฆ

5 MarTech Trends That Will Define Business Strategy in 2022
January 19, 2022 at 11:21 am

The last two years have turned our lives around by 360 degrees. The time we spent working remotely within the confines of our homes made us question work, life, family and much more. Similarly, apprehensions also emerged on the lines of businesses, as brands evolved along with consumers through a new and uncertain reality. Whatโ€ฆ

Albertsons CEO on Building and Keeping Customer Loyalty
January 18, 2022 at 1:30 pm

Albertsons CEO Vivek Sankaran may be a relative newbie to retail, but he gets the immense value the grocery chain has for customers. In a conversation with CNBC "Closing Bell" co-anchor Sara Eisen at the National Retail Federation (NRF) 2022 Big Show in New York on Monday, Sankaran said he's exploring the notion of keepingโ€ฆ