India Retail News

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Store Marketing for Competitive Advantage
Fulcrum

Sales and discounts drive traffic, but at the expense of margin, and at the risk of creating consumer expectations that the sale price is the regular price. How can customer-level data help turn around the markdown mentality that seems to be driving virtually every marketing effort to lure customers into stores? The key is applying a multi-tiered analytical approach, based on a foundation of customer data which supports higher-level aggregations of category, store and corporate data.