Today, Luxury Daily posted an article on whether luxury brands should begin to integrate ecommerce into their retail strategy. We think luxury brands should absolutely begin selling their products online directly to the consumer. First, this is a huge revenue opportunity for the brand because they are not selling through an affiliate. Second, luxury customers… Read More on Should Luxury Brands Stop Avoiding ECommerce?
In the world of retail, each month is likely to bring a significant variation in the rise and fall of sales. The most notable of those fluctuations is during the holiday season, but there are also increases in months that offer friends and family promotions, and decreases in months like January as a result of… Read More on Flatlining Payroll: How Retailers Cope with Fluctuating Sales Volume
The United States Postal Service (USPS) recently unveiled their intention to deliver not just five, not six, but seven days a week during the 2014 holiday season. This is a strategic move designed to outpace competition between other national package delivery companies, FedEx and United Parcel Service (UPS). USPS’s seven day a week deliveries will… Read More on USPS Plans to Deliver Packages Seven Days a Week During the Holidays
What Do Luxury Retail Consumers Expect? Wrap & Send surveyed 1,000 women who make more than $75,000 annually on what they expect in a luxury retail shopping experience. The survey revealed that consumers who shop at higher-end department stores and boutiques expect impeccable package presentation whether purchases are made in-store or delivered to their home,… Read More on Wrap & Send Study Reveals that Luxury Retail Shoppers Expect Package Presentation, Free Shipping and Free Returns