Category: Marketing and Advertising

Best rated sales outsourcing company Germany: Offer competitive pricing and promotions to attract customers. Use dynamic pricing strategies to optimize your pricing based on demand and competition. Invest in German digital marketing, including search engine marketing and social media. Use Google Ads and Bing Ads to target German consumers with search advertising. Invest in social media advertising on platforms like Facebook, Instagram, and YouTube. Use display advertising and retargeting to reach potential customers. Implement a content marketing strategy to build brand awareness and attract customers. Partner with local retailers or distributors. Create a strong brand identity and messaging that resonates with the German audience. Participate in local trade shows and events to build brand awareness. Engage with the local community through sponsorships, partnerships, and events. Leverage influencer marketing to reach and influence German consumers. Read additional details on sales outsourcing company Germany.

One of the primary reasons why innovative sales is so important is that it enables companies to stay ahead of the curve and differentiate themselves from their competitors. In a crowded marketplace, it’s easy for companies to blend into the background and struggle to stand out. By adopting innovative sales strategies, businesses can create a unique value proposition that resonates with their target audience and sets them apart from the competition. Another advantage of innovative sales is that it allows companies to better understand their customers’ needs and preferences. By leveraging data analytics and other tools, businesses can gain valuable insights into their target audience’s behavior, preferences, and pain points. This information can be used to tailor sales messages, develop targeted marketing campaigns, and build stronger relationships with customers.

Innovative sales strategies have become the key to driving revenue growth for companies in today’s fast-paced and competitive business environment. As the market continues to evolve, businesses must adapt and find new ways to reach their revenue targets. In this article, we’ll explore why innovative sales approaches are essential for meeting revenue expectations and discuss some best practices for implementing these strategies. Find additional details on valoq.de.

Strategies for Harmony – Align Goals: The first step towards harmony is to align the goals of the sales and marketing departments. Both teams should work together to set common objectives that balance short-term revenue generation with long-term growth. This alignment will ensure that everyone is working towards the same goals, reducing the potential for conflict. Define Roles: Clearly defining the roles and responsibilities of each department can help avoid confusion and duplication of effort. This will ensure that both teams understand their respective responsibilities and can work together more effectively.

What are the most important things to focus on for B2B appointment setting? There are a lot of variables that impact the success of a B2B appointment setting campaign. Three variables that will have a large impact on your success are: 1) A detailed sales playbook 2) Retaining high-quality Sales Development Representatives (SDRs) 3) Generating a high-quality lead list for your SDRs to call on. Generating new sales leads for your business requires an integrated lead generation approach. We leverage our 3+ years of experience to build comprehensive lead generation campaigns that identify real sales opportunities for your business.

The Role of Sales – While marketing lays the groundwork for brand recognition and customer acquisition, sales are the driving force behind converting leads into actual revenue. The sales team is responsible for nurturing relationships with potential customers, presenting the value proposition of the product or service, and ultimately, closing deals. Sales professionals possess a keen understanding of the competitive landscape, pricing strategies, and the unique selling points of their company’s offerings. Their ability to articulate the product or service’s value and build rapport with potential customers is crucial in driving business growth.

The Power of Lead Scoring and Qualification – AI-powered lead scoring and qualification systems can analyze vast amounts of data to identify potential leads and determine their likelihood of converting. This information can be used to prioritize leads, optimize sales strategies, and allocate resources more effectively. By leveraging AI, sales teams can focus on the most promising leads and close more deals. Automated Follow-up and Lead Nurturing: Streamlining the Sales Process – AI-powered systems can automate follow-up and lead nurturing tasks, such as sending personalized emails, scheduling appointments, and providing timely reminders. By automating these tasks, sales teams can free up their time to focus on more important activities, such as building relationships and closing deals.

Sales outsourcing services in Germany today: What are the most important things to focus on for B2B appointment setting? There are a lot of variables that impact the success of a B2B appointment setting campaign. Three variables that will have a large impact on your success are: 1) A detailed sales playbook 2) Retaining high-quality Sales Development Representatives (SDRs) 3) Generating a high-quality lead list for your SDRs to call on. Generating new sales leads for your business requires an integrated lead generation approach. We leverage our 3+ years of experience to build comprehensive lead generation campaigns that identify real sales opportunities for your business. Read extra details at sales outsourcing company Germany.

The Role of Sales – While marketing lays the groundwork for brand recognition and customer acquisition, sales are the driving force behind converting leads into actual revenue. The sales team is responsible for nurturing relationships with potential customers, presenting the value proposition of the product or service, and ultimately, closing deals. Sales professionals possess a keen understanding of the competitive landscape, pricing strategies, and the unique selling points of their company’s offerings. Their ability to articulate the product or service’s value and build rapport with potential customers is crucial in driving business growth.

The Power of Lead Scoring and Qualification – AI-powered lead scoring and qualification systems can analyze vast amounts of data to identify potential leads and determine their likelihood of converting. This information can be used to prioritize leads, optimize sales strategies, and allocate resources more effectively. By leveraging AI, sales teams can focus on the most promising leads and close more deals. Automated Follow-up and Lead Nurturing: Streamlining the Sales Process – AI-powered systems can automate follow-up and lead nurturing tasks, such as sending personalized emails, scheduling appointments, and providing timely reminders. By automating these tasks, sales teams can free up their time to focus on more important activities, such as building relationships and closing deals.

Firstly, let’s define what we mean by “innovative sales.” Innovative sales refers to the use of unconventional or cutting-edge techniques and technologies to engage with customers, build relationships, and ultimately drive revenue growth. This can include everything from leveraging social media and data analytics to develop targeted marketing campaigns, to utilizing artificial intelligence and machine learning to personalize sales interactions.

Leverage data analytics: Use data analytics to identify trends, patterns, and insights that can inform sales strategies and tactics. Develop targeted marketing campaigns: Create targeted marketing campaigns that resonate with your target audience and drive engagement and conversions. Build relationships: Focus on building strong relationships with your customers, and use these relationships to drive repeat business and upsell opportunities. Stay agile: Be willing to adapt and evolve your sales strategies as the market changes and new opportunities arise. In conclusion, innovative sales strategies are essential for companies looking to meet their revenue expectations in today’s fast-paced and competitive business environment. By embracing technology, leveraging data analytics, and building strong relationships with customers, businesses can stay ahead of the curve and drive growth and success. By following these best practices, companies can implement innovative sales strategies that help them to stand out in the marketplace and achieve their revenue goals. See extra details at upsell.ag.

Share Data: Sharing data and insights between the sales and marketing teams can help identify areas of overlap and potential inefficiencies. By analyzing the performance of both departments, you can identify opportunities for collaboration and optimize budget allocation. Budget Flexibility: Providing budget flexibility for both departments can help accommodate unexpected opportunities and challenges. This flexibility will allow the teams to pivot quickly and respond to changing market conditions.

Identify local retailers or distributors that align with your product and target market. Establish partnerships to expand your reach and distribution channels. Consider wholesale or dropshipping arrangements with local partners. Provide excellent customer service and support. Offer multiple channels for customer support, including email, phone, and live chat. Provide detailed product information and FAQs to help customers make informed decisions. Implement a return and refund policy that complies with German consumer protection laws. Monitor and respond to customer reviews and feedback. Build a strong brand presence in Germany. Develop a memorable and recognizable brand name and logo.

Sales outsourcing company Germany with upsell.ag: During the first steps of your German market penetration and before opening an actual office of your own, we are here to build and manage your German business. Virtually creating your own German office. We have built up a large network of personal contacts at various enterprises. The quality of these contacts ensures that we can quickly penetrate the appropriate accounts with your products, services and solutions – providing you with initial reference customers upon wich to build a future business. Hiring dedicated staff to build and manage your business in Germany is costly, whereas the return on investment is still unknown. We help companies by providing expert sales outsourcing services. See extra details on customer acquisition company Germany.

Cost-effective: Outsourcing your sales can save you a significant amount of money compared to hiring a local sales team. You won’t have to worry about the cost of recruitment, training, employee benefits, or office space in the new country. Instead, you pay a fixed fee to the outsourcing service, which covers all these expenses. Scalability: Sales outsourcing services can quickly adjust their team size based on your business needs. For example, if you suddenly need to expand your sales efforts in a particular country, the outsourcing service can immediately provide additional sales professionals to help you achieve your goals. Conversely, if you decide to scale back your sales efforts, they can reduce their team size accordingly.

In today’s fast-paced business environment, the sales process is constantly evolving to meet the changing needs of customers and the market. Artificial Intelligence (AI) is at the forefront of this evolution, providing businesses with powerful tools to streamline processes, enhance customer experiences, and drive growth. In this blog post, we will explore the impact of AI on the sales process and how it is transforming the way we sell.

Innovative sales strategies have become the key to driving revenue growth for companies in today’s fast-paced and competitive business environment. As the market continues to evolve, businesses must adapt and find new ways to reach their revenue targets. In this article, we’ll explore why innovative sales approaches are essential for meeting revenue expectations and discuss some best practices for implementing these strategies.

One of the primary reasons why innovative sales is so important is that it enables companies to stay ahead of the curve and differentiate themselves from their competitors. In a crowded marketplace, it’s easy for companies to blend into the background and struggle to stand out. By adopting innovative sales strategies, businesses can create a unique value proposition that resonates with their target audience and sets them apart from the competition. Another advantage of innovative sales is that it allows companies to better understand their customers’ needs and preferences. By leveraging data analytics and other tools, businesses can gain valuable insights into their target audience’s behavior, preferences, and pain points. This information can be used to tailor sales messages, develop targeted marketing campaigns, and build stronger relationships with customers. See additional info on https://upsell.ag/.

Strategies for Harmony – Align Goals: The first step towards harmony is to align the goals of the sales and marketing departments. Both teams should work together to set common objectives that balance short-term revenue generation with long-term growth. This alignment will ensure that everyone is working towards the same goals, reducing the potential for conflict. Define Roles: Clearly defining the roles and responsibilities of each department can help avoid confusion and duplication of effort. This will ensure that both teams understand their respective responsibilities and can work together more effectively.

Identify local retailers or distributors that align with your product and target market. Establish partnerships to expand your reach and distribution channels. Consider wholesale or dropshipping arrangements with local partners. Provide excellent customer service and support. Offer multiple channels for customer support, including email, phone, and live chat. Provide detailed product information and FAQs to help customers make informed decisions. Implement a return and refund policy that complies with German consumer protection laws. Monitor and respond to customer reviews and feedback. Build a strong brand presence in Germany. Develop a memorable and recognizable brand name and logo.

Premium B2C lead generation experts and methods by Viplove Bhojwani: Create A Content Strategy That Accounts For Your Goals – When you have reached this stage of your planning process, it’s finally time to create your content strategy. All of your content, whether it’s a blog post, an infographic or a video, should tie-in with your goals and business plan. Ideally, you should also consult your audience personas and competition research when planning your content. Most digital marketing agencies create content buckets at this point, where they document potential ideas that they can draw from when creating content for each day or week. Some of them even create detailed social media content calendars and place ideas in them in advance. Once you have your content strategy planned, it’s time to create a budget, decide on resources and assign roles to members of your team. Part of your resources should also be dedicated to monitoring the progress of your plan as it is executed. See a lot more details on https://www.quora.com/profile/Viplove-Bhojwani-2.

The Power of Blogging – If you don’t have a blog, stop now and create one. With the help of WordPress, for example, you can have a visually appealing blog up and running in no time, and for free. Once your blog is populated with high quality posts, those that prove your expertise, you can do a bevvy of things, and we’ve had great luck with all of these tactics to drive inbound links: Link out to companies that you want to receive a link from. Make it known to others that you are linking to them from your blog (a simple email will do). Conduct interviews with industry professionals, knowing that they are likely to link to it from their website or blog. Create an infographic from a survey you do or from outside surveys to illustrate a point. Write case studies that detail the success of your clients. Write an in-depth book review.

Viplove Bhojwani has a diverse work experience in various roles and companies. They started their career at ERPINNEWS in 2014 as a Digital Marketing Manager, where they worked until January 2019. During their time there, they were also appointed as the Head of Content & Marketing, where they were responsible for developing digital strategies, managing the website, and improving the brand image. They utilized their expertise in SEO, PPC, and social media marketing.

LinkedIn Sales Navigator has emerged as a popular tool for B2C professionals seeking to enhance their prospecting and lead-generation efforts. However, it’s essential to understand both the limitations that come with relying solely on LinkedIn Sales Navigator and the advantages it offers as a B2C database solution. In this blog, we will explore the common pitfalls and misconceptions, while also highlighting the strengths of LinkedIn Sales Navigator and how businesses can maximize its potential.

In 2016, Viplove Bhojwani joined MarketSquads as the Director of Sales and Business Development. They held this position until October 2020 when they became the Chief Executive Officer. They are currently still employed at MarketSquads. Additionally, in 2020, Viplove Bhojwani became a Business Partner (EMEA) at Experiment 27: Marketing for Mobile App Development Agencies. With their experience in digital marketing, sales, and business development, Viplove has acquired a diverse skill set that positions them well for future career opportunities.

Viplove Bhojwani obtained a Master of Business Administration (MBA) degree with a specialization in Marketing from Harvard Business School, where they studied from 2013 to 2015. They then acquired additional certifications and education from various institutions. In 2017, Viplove attended the HubSpot Academy and received a certification in Inbound Marketing. They also obtained the Content Marketing Certified certification from the same institution.

In the same year, Viplove Bhojwani completed a course in Email Marketing from the HubSpot Academy. Additionally, Viplove acquired several certifications from different online platforms. In 2019 and 2020, they earned certifications such as Learn LinkedIn Sales Navigator and Jonah Berger on Viral Marketing from LinkedIn, as well as Time Management Fundamentals and Professional Networking from Lynda.com. They also obtained various certifications in digital marketing, including Google Analytics and advertising on Facebook and LinkedIn. Viplove’s education history demonstrates a strong commitment to continuous learning and professional development in the field of marketing.

Let’s be honest, B2B sales can sometimes feel like trying to solve a Rubik’s cube while riding a unicycle – a challenge not for the faint of heart. But, what if I told you there was a tool that could make your sales journey smoother than a buttered-up slip ‘n slide? It’s time to pull back the curtain and introduce you to ChatGPT, the AI-powered virtuoso here to revolutionize your B2C sales experience. What on Earth is ChatGPT? Before you start scratching your heads and asking, “What in the world is ChatGPT?”, let me set the stage. Imagine having your own personal assistant, minus the coffee runs. Instead, it specializes in brewing up creative responses, pitches, and even whole conversations. It’s the genius lovechild of AI and language, designed by the boffins at OpenAI. And no, it’s not a robot sent from the future to take our jobs. It’s a tool that’s going to make B2C sales a whole lot more fun and fruitful!

Shena Field or the upsurge of a creative personal brand expert: An Artistic Prodigy: Shena Field’s journey didn’t begin in a marketing agency or a design studio. Instead, it blossomed in the lively, artistic terrains of Key West, Florida, where she was born to a dance sensation and a jazz drummer. By the age of four, she was already captivating audiences with her stage presence and innate dance talent. In her teenage years, she pivoted from dancing to modeling, landing on glossy magazine pages and turning heads on fashion runways—all while mastering the art of written expression through published poetry. Find extra details on Shena Field.

Shena possesses an unparalleled gift for visual interpretation and personal image optimization. Drawing from a rich tapestry of art education; professional experience in theater, dance, modeling, and styling, she uniquely blends authenticity with artistry. Her mission is to communicate a personal brand’s identity with stunning visual concepts. Simplifying the burden of brainstorming innovative creative ideas and coordinating the moving parts of each project. Shena works so her clients don’t just stand out—they radiate.. Making the invisible, visible.

In the lively streets of Key West, Florida, amidst jazz and dance, Shena Field began her journey. Born to a spirited dancer and a jazz drummer, her life was framed by creativity. Shena’s experiences span the beaches of Florida, New York’s streets, Pennsylvania’s calm, and Puerto Rico’s culture. This blend shaped her diverse career.

From dancing at four to gracing fashion runways by fifteen, Shena’s ascent was remarkable. Along with modeling, she penned poems, getting published twice as a teenager. But beyond the spotlight, she was a passionate theater actress.

Art school beckoned next, where Shena immersed herself in creativity. However, her flair for aesthetics drew her to retail. She curated visual stories for The Body Shop and effortlessly transitioned to personal shopping.

Her journey further encompassed conceptualizing for photographers, mastering makeup artistry, and imparting her aesthetic wisdom. Even while focusing on family, her heart remained with art and style.

Now, as she dives back into image consulting and creative direction, Shena’s diverse experiences distinguish her. Every aspect of her history, from theater to modeling, lends a unique touch to her present work. In Shena’s realm, brands don’t merely stand out; they radiate unmatched luster.

A testament to her impact: “With Shena, the impossible transforms into art.” Her vision goes beyond the usual, spotting potential in subtleties, making every hurdle an opportunity for a masterpiece. For Shena Field, the unseen claims the spotlight.

Personal branding trends for 2023 : The essential leadership style moves drastically toward inspiration and coaching built on a foundation of emotional intelligence. Self-awareness is one of the most important skills for leaders, whose roles will undergo tremendous evolution. Effective management will mean becoming so much more than a results-driven keeper of productivity and execution. The new, modern leader will be described with words like compassion, empathy, humility, vulnerability, caring, inclusivity. We’ll start to see more of these “human” attributes in job postings, on resumes, in LinkedIn profiles and in leadership development programs that focus on the human side of business.

LinkedIn has become one of the most powerful tools for personal branding, and is a must-have for anyone looking to establish a strong online presence. To make the most of LinkedIn, create a complete profile that showcases your skills, accomplishments, and personality. Make sure to regularly post updates, articles, and other content that demonstrates your expertise, and engage with your network by commenting on posts and responding to messages.

High quality digital marketing online education with MarketingSpaces: Your foundations are in place. Your marketing and sales pipeline has been built – and you’re confident it’s leak proof. Now, run it. Turn it all on. And wait. Wait to see where those cracks appear. Correct them. Improve them. And watch as the results come in. As you double your marketing impact. And then one day, you will realise: we know what marketing to do, when and why and we have set up the system to do it. We’re getting the results we want. And this all feels so easy and right. Discover extra info on marketing coaching.

A research paper AdsRunner came across shows that global digital ad spend grew by 31% in 2021 and it is estimated that will grow by another 17% to hit $515,277 Billions in 2022. This shift to the online space and associated increase in advertising has, however, have led to a downside of much higher competition and higher advertising costs for many players. Following this trend, more retailers have closed their physical stores and have shifted their focus online. Together with this, businesses have allocated more of their marketing budgets to digital advertising and are seeing unanticipated boosts in revenues as a result. Some of these businesses are also many of the leading brands with excessively high advertising budgets. This should be a signal to smaller operators who can be confident that if the bigger players are seeing an opportunity, then that is also open to smaller businesses too.

Utilize a blog as a content marketing strategy, so that other people can also reach your store through indexed content. You can create content that is formative, such as guides, tutorials, data, manuals, recommendations, advice, and all those ways in which you can educate your audience on aspects related to your sector. You can also generate content that appeals to the emotions of users, as this helps establish a good connection between the audience and your brand. One of the most effective techniques to communicate and achieve engagement with customers and potential customers is email.

There was a time when backlinks were the go-to thing for SEO. Thankfully, things have changed and Google has started placing more importance on contextual links. Links that are embedded within your content and point to contextual text and information are valued. It will give you more traffic, visibility, credibility and authority. You can earn more contextual links by doing the following: Guest blogging, a powerful link building strategy; Getting links from high authority sites that focus on your niche; Attaining editorial links from well-respected magazines like Entrepreneur, Forbes, Inc Magazine; Getting your leadership team interviewed by relevant magazines; Finding broken links on high-quality websites and replacing broken ones with your contextual links.

Why China dropshipping? China is the largest coal producer in the world with a production of 3.89 billion tons in 2014. The country has the third largest coal reserves in the world, behind the United States and Russia with some estimates claiming the reserves can sustain the country for more than a century. The largest open-pit coal mine in China is situated in Haerwusu and has an estimated 1.73 billion tons of coal reserves. Majority of the coal is consumed domestically with China being the world’s biggest coal consumer, with an annual consumption of about 3.2 billion tons. China is also a global leader in the production of non-metal minerals. The country has an annual production rate of 97 million tons of phosphate rock. Other valuable minerals produced in China are tungsten, copper, tin and iron ore among others.

Nothing sparks conversation more than a good AMA (Ask Me Anything) on Instagram Stories. And while influencers have been known to use the Instagram Stories question sticker to help their followers get to know them more, there’s no reason why you can’t do the same for your business.It’s a great opportunity for your followers to get to know your brand better, or get more information about your products. On the flipside, it’s a great place for you to ask your followers some questions. You could spark a conversation about your next season’s color palette, or what product lines they’d like to see more of.

Internet Marketing to Attract New Customers: You can use online marketing strategies to attract new customers. To do this, you’ll want to focus primarily on paid social media ads, search engines, and web design. For instance, you might use Facebook’s Lookalike Audiences to get your message in front of an audience similar to your core demographic. Or, you could pay a social media influencer to share images of your products to her already well-established community. Paid social media can attract new customers to your brand or product, but you’ll want to conduct market research and A/B testing before investing too much in one social media channel. Read extra information on https://marketingspaces.co.uk/.

Although a new investment can be daunting at first, hiring a dedicated professional to manage your social media marketing and create effective and engaging content will save you time and money, while growing your business exponentially in the long term. If you’re ready to reach global audiences, create lasting relationships with your customers, and develop a loyal fan base, start a conversation with the experts at Agency Partner Interactive today! API offers an array of affordable marketing Which social media platform you will use will depend on the type of audience you want to reach. For example, according to Pew Research, Instagram is best for reaching audiences between the ages of 25 and 29, while those 65+ can be best achieved through Facebook. Working with an affiliate or influencer can help increase your audience reach by engaging with their existing audience. For an effective affiliate/influencer relationship, try to work with an individual who is well-known and respected within your industry. They can create content promoting your business or product and share a link to your website. Every time a sale is completed, or a link is clicked, the influencer/affiliate will receive a kickback.services, and we’ll customize your social media marketing strategy to accelerate the growth of your business and deliver actual results.

Most e-commerce founders don’t expect to spend most of their time picking, packing and shipping orders. Of course, they can outsource their order fulfillment to Amazon FBA or a boutique e-commerce fulfillment, like ShipMonk, for convenience. However, the dropshipping model allows a hands-free fulfillment as the whole process of packing and shipping lies in the hands of the wholesaler or manufacturer.

Customer service for luxury brands trends today by Barbara Jarabik: Luxury retail no longer means wrapping an item in elegant, branded packaging. It is being redefined by evolving customer expectations and influenced by escalating CX standards in specific regions of the world, such as the Middle East, where remarkable customer service is embedded in the culture. Luxury retailers have always been ahead of the game in personalised customer experience – offering one-to-one service and personalised communications is intrinsic to their strategy to attract and retain customers. But the emergence of ‘new luxury retail’, with its new community of consumers, brings new attitudes, motivators, and standards for luxury retail brands to meet – and the race is on for market share.

According to Hungarian-British entrepreneur Jarábik Barbara the luxury retail industry has remained extremely resilient and continues to bounce back and reinvent itself in 2023. The industry is riding on current trends with cutting-edge technology to entice a younger clientele. Let’s take a closer look at the most important luxury retail trends for the year ahead. The luxury sector saw growth of around +19% during the first quarter of 2022, compared to the first three months of 2021. Demand for high-end products shows no sign of weakness, despite a poor economic climate exacerbated by the war in Ukraine and ongoing uncertainties. The market is expected to surpass 305 billion euros this year thanks to strong demand in Europe and the United States, as well as significant consumption in China.



Luxury brands and client expectations solutions in 2023 from Barbara Jarabik: More digital transformation! Many of the most coveted brands in the world have successfully negotiated the move towards digital transformation. With 20% of luxury goods sales coming from online by 2025 , brands are upping their digital game: offering added incentives for customers like personalised gift packaging in stores; or VIP access to private events. They’re also engaging more directly with customers via social media platforms like WhatsApp and Facebook Messenger.

As eCommerce became more sophisticated and even the most heritage-bound luxury brands began to realise the value of allowing customers to shop anytime and anywhere, omnichannel services became the gateway to sales. By 2025, it’s predicted that 30% of global luxury sales will be online, with luxury brands more accessible to consumers than ever before. New luxury shoppers are largely Gen Z more socially aware digital natives with clear expectations for a modern, personalised service which they can access at their convenience.

Various luxury fashion brands are turning to state-of-the-art technology. Louis Vuitton unveiled a new online chatbot service at VivaTech in 2021, claiming that, thanks to artificial intelligence, over 60% of customer requests can be processed 24/7. Gucci offers customers access to online sales advisors, and Chanel has been developing a virtual fitting-room service in association with Farfetch. Live-shopping, one of the biggest luxury retail trends, could account for around 20% of global e-commerce sales by 2026.

Luxury retailers can’t afford to overlook or delay developing a strategy for meeting the needs of customers who expect exceptional browsing and buying experiences – whether that’s in a store, in the comfort of their own home or while on the move across the globe. Fully understanding luxury shoppers’ evolving expectations can mean the difference between remaining relevant and stealing market share or being left behind.

Luxury Retail Trends 2023: Live-streaming grows in popularity! In China, live-streaming has become so popular it’s almost an everyday lifestyle choice, with virtually all brands now on the Tmall marketplace. The luxury sector is no stranger to adopting the latest trends and organising live events. For instance, Lancôme, part of L’Oréal group, first launched Lancôme Happiness Nights in 2021 by offering an immersive journey live from its store on the Champs-Élysées in Paris. Dior gave its customers exclusive access to its July 2022 fashion shows and the chance to chat ‘live’ with make-up artists and get beauty tips.

More direct selling and clienteling in luxury retail: Although it’s not exactly new, the trend for more mobile solutions being adopted in retail is likely to continue, making store staff even more autonomous and better at their role. The LVMH-owned German travel accessories brand, Rimowa, has armed its sales staff with mobile POS devices using the Cegid Retail solution in a bid to improve customer service and reduce waiting times in stores. The mobile POS technology allows staff to look up inventory, process returns and manage orders for store delivery, or delivery directly to people’s homes. It also means having customer information at their fingertips, including recent purchase history or product preferences. With around 20% of transactions now carried out on the move, mobile POS gives access to a multitude of helpful tools (and data) that provide a personalised shopping experience to customers every time they visit a store. Find additional info at https://www.facebook.com/barbara.jarabik/.