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How Vineyard Vines Uses Analytics to Win Over Customers

Harvard Business

That “little” privately-held business has grown tremendously since its launch and currently has more than 90 physical retail locations and a highly successful eCommerce business. Like many competitors in the apparel industry, Vineyard Vines has kept their operations lean in order to preserve operating margins.

Retail 29
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How Customers Perceive a Price Is as Important as the Price Itself

Harvard Business

Retailers such as ALDI and Walmart have used price to position themselves against traditional competitors in their markets, pinching margins all around. We found that retailers can get either more or less credit for their pricing than actual shelf prices would suggest. Price wars have broken out in consumer industries around the world.

Retail 36
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An Emotional Connection Matters More than Customer Satisfaction

Harvard Business

However, our research shows that it’s much more valuable to align customer experience investments to those elements shown to drive emotional connection, thus maximizing ROI while minimizing risk.

Retail 37