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How to Run a Thriving Retail Business Amidst Economic Uncertainty

Compliantia

how to run a successful retail store during inflation Also, since it’s less expensive to retain loyal customers than to acquire new ones, you’ll want to focus more on your customer retention strategies at this time. in an effort to boost customer loyalty. in 2022 from 3.2% Wondering how we got here?

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How to Run a Thriving Retail Business Amidst Economic Uncertainty

Compliantia

Also, since it’s less expensive to retain loyal customers than to acquire new ones, you’ll want to focus more on your customer retention strategies at this time. For example, Lululemon recently launched a membership program that gives customers exclusive access to new products, savings, special events, fitness classes, etc.