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The unstoppable growth of private labels and opportunities for A-brands
By adopting a shopper-centric perspective, retailers will find it easier to decide whether a certain retail marketing mix tool is worthwhile investing in. The chapters so far in this book have explored the emotional needs of the shopper, how preferences on where to shop may shift over time, and how data analysis and fact-based decisions help retailers to make better decisions on things that matter to shoppers. An in-depth understanding of the shoppers’ needs combined with a structured approach to decision making can help retailers to choose which retail marketing instrument will yield the highest return on investment. As retail margins are often low, close attention to ...
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