The number one question that always seems to befuddle small e-Retailers is “How well do you know your customers?” Join TBG Marketing at TBG Talk and learn about the Retail Strategic Profit Model and how to align Customer Insights to the model to drive profitable growth.
The processes of evaluating customer data in financial segments to assess contributions to the business across products, categories, channels and brands.
While there is no widely agreed to metric for what “accelerated growth” actually is, a reasonable definition is growing
in a vertical market at 2x+ the average growth rate in the vertical. Accelerated Growth is a business strategy to outpace the competition either through a superior product offering.
Pricing is a key function in the value equation, Value = fn(price / sum (service + quality + access)). To create value, companies build products and services and wrap them around the product. Consumers create value by subconsciously assessing the price being asked for the perceived quality, and perceived service and perceived access.