Strategies
Sending the shoes back? How about this lovely gift card? Cross-selling can help retailers avoid lost revenue from returns
Once we’ve chosen to buy something, we tend to consider that money as already spent or gone, also called “loss booking.” If we decide we want to return the item, retailers can take advantage of that tendency by giving customers enticing options to spend their refund on something else, instead of getting their money back.
Strategies
Renting out your place? Human connection key to a successful holiday rental
Warmth, friendliness and a sense of belonging, or the “homely” side of the experience, strengthen guest loyalty, making them more likely to return to the same host. However, these feelings alone didn’t necessarily make guests more likely to recommend the property to others.
Strategies
Claiming your business page on review platforms can have unintended effects on customer reviews, study shows
Claiming a page signals to the public that the owner is present, paying attention and potentially available to address complaints. That shift in perception encourages dissatisfied customers – who otherwise might have stayed silent – to voice concerns, seek remedies or demand accountability through the review platforms.
BizNews
For those marketing contents, weekly episode releases drive higher viewer engagement and subscriptions on platforms
Marketing people, pay attention: the drip-style release schedule boosts both engagement and subscription revenue.
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BizListing4 weeks agoMaking a mark through artsy food: Lessons from Tsokolateria Artisanal Café of Baguio City
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Strategies3 weeks agoRenting out your place? Human connection key to a successful holiday rental
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Strategies3 weeks agoClaiming your business page on review platforms can have unintended effects on customer reviews, study shows
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Tech & Innovation3 weeks agoAugmented reality menus may help restaurants attract more customers, improve brand perceptions
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BizNews3 weeks agoStudy shows scaling startups risk increasing gender gaps
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Ethical Biz3 weeks agoClimate change is reshaping how companies do business
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BizNews3 weeks agoWant entrepreneurs to work harder? Tell them they’ll fail
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BizListing3 weeks agoStick to good (albeit pricey) food as biz model for Baguio City’s Café by the Ruins
