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Mobile payments: Finally ready to take off?

rewards such as discounts, location-based coupons and better loyalty offers. Many in this group are willing to trade their personal data in exchange for better, more relevant offers. Daily deals (like those from Groupon) or mobile coupons (such as those from UK mobile operator consortium Weve) are among the forms taking shape.

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The Strategy, Science and Psychology of Holiday Promotions

These disruptive strategies have paid off: T.J.Maxx’s stock price has jumped about 80% over the last 5 years, Aldi is set to grow its US store footprint by 25% in 2018 and Walmart’s same-store sales have increased for 13 quarters in a row. Tapping into the science and psychology of holiday promotions

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Mobile Payments: Finally Ready to Take Off? | Bain & Company

Daily deals (like those from Groupon) or mobile coupons (such as those from UK mobile operator consortium Weve) are among the forms taking shape. The largest segment, representing about two-thirds of consumers, want more convenience from mobile payments—whether it’s a faster checkout, the ability to see a balance or other benefits.

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Turning Rewards into Loyalty | Bain & Company

Starbucks collects data on its customers’ demographics, their payments and transactions, their beverage preferences, and more. Using geolocation technology, its mobile application targets users with personalized messages. Loyalty program members might get time-limited coupons, which helps Starbucks raise store use during non-peak periods.

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China Shopper Report 2019, Vol. 1: Premium Products, Small

The main cause is a more competitive environment for food and beverage categories. There is now heavy competition from New Retail players, for example, and from popular online-to-offline (O2O) food delivery platforms like Meituan and Ele.me, which have heavily promoted their services by offering coupons and discounts.

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Global Luxury Goods Worldwide Market Study th Edition

Off-price 75% Full-price •Online luxury shopping over-performing overall web sales (+20% vs 8%) •Off-price segment increases driven by “private sales”websites •E-coupons and discounts were a strong sale driver for big players •Mobile/tablet internet sales more than doubledversus last year 30%

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BAIN CUSTOMER STRATEGY & MARKETING BRIEF

members might get time-limited coupons, which helps Starbucks raise store use during non-peak periods. Nearly one-fourth of the chain’s in-store purchases in the US now fl ow through the app. Experiential. Sophisticated programs provide customers with a better experience, rather than just more points.

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How Grocers Can Improve Shoppers’ Price Perception | Bain

Out-of-store advertising, excessive price matching or coupons may undermine the chain’s quality perception (see Figure 5). A discount grocer, by contrast, typically uses product offering and architecture—a limited offering with a few high-end products—to influence perceptions.

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The Consumer of the Future Part I: Impact of today's

-Dust off the 80’s playbook -Drive simplicity-speed through repeatable models-Increase focus on margin by aggressive cost and cash flow management. ConsumerOfTheFuture_BainStudyJanuary2009v2 4 “Use coupons whenever I buy

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BAIN RETAIL HOLIDAY NEWSLETTER

plexity and operating costs. These disruptive strategies have paid off: T.J.Maxx’s stock price has jumped about 80% over the last 5 years, Aldi is set to grow its US store footprint by 25% in 2018 and Walmart’s same-store sales have increased for 13 quarters in a row. Tapping into the science and psychology of holiday promotions

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