While there appears to be no end in sight to the tumult of the retail landscape, behavioral science reveals that much consumer behavior is actually durable and predictable. And while behavior is relatively well understood in academic circles, it becomes murkier in the context of marketing science. Here’s how to understand it better.
A big portion of ecommerce purchases are from high-value consumers, but they are the missing component of every successful retail marketer’s digital strategy. Even knowing this, brands are still struggling with how to reach high-value consumers. Here are some strategies to reach these consumers and drive campaign success forward.
Buying behaviors and consumer expectations are impacted by a wide variety of factors – the most telling characteristic of consumer engagement is the type of merchandise the shopper is looking for. See what insights have been gathered in this infographic by ChargeBacks911.