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
Online marketers, take note: Online viewers prefer livestreams to recordings
Watching an online performance in real time boosts several aspects of the viewing experience.
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.
BizNews
Wine sellers, pay attention: Women more likely to choose wine from female winemakers
Messages like “proudly made by a woman winemaker” increased women’s intentions of purchasing wines, particularly when the label’s artwork reinforced the point with feminine gender cues such as flowers. Women were also willing to pay higher prices for those wines.
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Strategies3 weeks agoRenting out your place? Human connection key to a successful holiday rental
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Ethical Biz3 weeks agoClimate change is reshaping how companies do business
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BizNews4 weeks agoWine sellers, pay attention: Women more likely to choose wine from female winemakers
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BizListing4 weeks agoFollowing the footsteps of coffee chains as a biz model for Baguio City’s Rebel Bakehouse?
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Strategies4 weeks agoWhen there’s a burst of online social disapproval, what do you do? Leveraging analytics for comprehension and detection
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Strategies4 weeks agoDigital targeting creeps out customers
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BizNews7 days agoIf you’re a perfectionist at work, your boss’ expectations may matter more than your own, research finds
