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Will Online Apps Prevent Consumer Waste Or Embolden Customers To Buy More Stuff?
If Apps using artificial intelligence help us all use less, share more, recycle things to others - then, will this hurt retailers and retailing due to decreased consumption? Will it prevent all the discarded waste, underutilized stuff we buy and own? Many believe it will. Take the sharing economy companies with popular apps; Lift, AirBnB, NetJet, Uber and... read more...
Why We Enjoy Shopping
"If money can't buy happiness, why does it sometimes feel so good to buy stuff?" asks Kristin Bianco in his personal finance column at Fox News Network. Well, there is an answer for Kristin's question if you search for it at the right place. That place is consumer psychology. Professor Kit Yarrow, professor of psychology and marketing at Golden Gate... read more...
Demise of Loyal Retail Customers in the Digital Age
Loyal retail customers have for long now given Bricks and Mortar (BM) retailers an advantage over their competitors. However, the advent of the internet and the subsequent development of the online shopping channel have changed the shopping behavior of retail customers.Although BM retailers have invested millions of dollars in customer loyalty programs, the... read more...All article
Miscellaneous Retail Stores