Retail Resilience; Amid Stormy Seas, Not All Are In The Same Boat
With consumers becoming more selective in their spending, retailers may be tempted to revert to classic strategies like sales, promotions, and product diversification. But in the face of inflation and supply chain disruption, it’s time to think bigger than price-cutting and product output alone. Connected marketing strategies that apply data, technology, and targeting with laser precision will be crucial for retailers to pivot holistically and deliver growth in 2023 and beyond.