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Westfield London to Debut New Digital-Physical Retail Concept: Situ Live

Retail TouchPoints

Additionally, the Westfield store will have two VR experience lounges where consumers can try out Facebook’s Oculus Quest 2 VR tech as part of the launch. The new format “blends the editorial strength of lifestyle magazines with the sensory energy of live events,” according to a release.

Magazine 263
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The Best Luxury Marketing Strategies

Kissmetrics

Selling to high-end consumers requires a different approach. A ten thousand dollar handbag is well out of reach of the majority of consumers. The pandemic hit department stores hard and forced luxury consumers to buy online more than before. A buyer persona is a detailed description of your ideal consumer. Me neither.

Marketing 363
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Klarna Sets Sights on ‘Powering Ecommerce’ with New Suite of Shopping Solutions

Retail TouchPoints

Klar n a is continuing to expand beyond payments as it looks to become “a starting point for every purchase” for its 150 million global consumers. Klarna’s new intelligent search tool compares thousands of websites to help consumers find the best price for any product and lists the results in an “orderly overview.”

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Mobile Express Checkout: PayPal’s Payment System

Groove

With over 377 million users, PayPal oversaw nearly $1 trillion in payment volume in 2020 - according to Forbes Magazine. Not only does mobile express checkout benefit the consumer, it also benefits the merchant by driving sales and revenue on mobile devices. What Is Mobile Express Checkout? Drive Conversions & Mobile Sales.

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What is Geofencing Marketing?

Kissmetrics

Geofencing lets businesses advertise to consumers within a specified geographic area. As consumers enter the geofence, they’re sent location-based ads on their devices. Understand consumer behavior: Geofencing lets brands aggregate consumer behavior such as time spent in-store or how visitors navigate their shops.

Marketing 315
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What are Influencers: Types, Examples & How Much They Make

Kissmetrics

Now that word of mouth recommendations and criticisms spread through social media faster than fire in a dry field, influencers are more important than ever. Consumers trust recommendations from a third party more often than a brand itself. An influencer is the mutual friend connecting your brand with your target consumers.

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Distribution Channels: What They Are, Types, & Examples

Kissmetrics

In short, distribution channels determine the path goods will take from the manufacturer to the final consumer. Distribution channels are the path products take from their initial manufacturing stage to selling them to consumers. There are three ways to make sure a product gets to the final consumer. If not, it’s time.

Channel 263