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Unlocking true Co-sell starts when you reach this milestone status Why? Because you gain the ability to: ↳ Decrement a customer’s pre-committed spend. ↳ Retire sellers' quotas on eligible transactions. These advantages open doors to bigger budgets and make your solution the obvious choice when it comes down to decision time. Don’t wait → start positioning your offer in the marketplace now. 💬 Did you attend our recent webinar? If so, how'd you like it!?

Will Best Buy’s New Initiative Make a Difference? Best Buy has announced plans to shift its retail strategy from a traditional approach to a newfound focus on technology and customer engagement. What are the potential implications of Best Buy's "imagine that" strategy for fostering personalized customer experiences in the retail industry? Read the full article here: https://lnkd.in/epnf5kc8 Perry Kramer "It is a great time to pivot to innovation from commodity products and traditional support. Every generation of consumer is now much more comfortable with solving tech problems via an internet search or a call to a friend. Providing innovation zones and hands-on emersion in trends will allow them to differentiate from other physical and on -line retailers." Jenn McMillen CLMP "Best Buy’s new “experience the tech possibilities” direction could be great for older consumers who are late adopters, but the secret sauce of this new direction depends on the tech itself. Our traditional tech innovators, such as Apple and Google, have been slow to fill the pipeline as of late, since some of the latest and greatest failed to launch. Google Glass, anyone?" David Biernbaum "Best Buy’s shift toward technology and customer engagement sounds good, including it’s “imagine that!” However, Best Buy will not be able to make it all happen on their own. Their strategy will be dependent on available new technologies, full cooperation from innovators and manufacturers, and seamless operations."

Having spent almost two years working directly with merchants to get these kinds of results, Rebuy Engine has changed the game for agencies looking to deliver the same results. How rude of me not to offer already, but if you're interested in learning more (and haven't done so already) let's chat. 📈 #shopify #shopifyplus #rebuyengine

A mixed bag for Best Buy today, as it achieved higher profits 📈 and lower costs 💰, but missed quarterly sales expectations, as consumers pulled back on pricy electronic purchases. Of note: The company’s launch of its 3-tier subscription-based membership program, My Best Buy, to attract customers with different levels of perks 🛍️. For a topline of today’s report and our team’s take-aways, take a read of Market Performance Group's Best Buy Earnings Recap. What are the implications for your brand? Reach out to Rob Bader at rob.bader@mpgllc.com to understand how to navigate these trends to drive sales performance. #MarketingInsights #SalesStrategy #BestBuy #EconomicTrends #MarketingPerformanceGroup

Own the new retail landscape with TransactionPath™, a proprietary suite that uncovers the holistic path-to-purchase and decision drivers to identify the key moments to influence consumer choice in the most important moment in marketing: the transaction. Find out more here: https://hubs.ly/Q02z4yQ_0 #insights #insightsindustry #marketresearch #packdesign #shopperjourney #wearebehaviorally #behaviorallyinc

Selling a DTC business is the dream for a lot of operators! "You'll be valued on profit, not revenue." Many brands wait too long to start preparing, but ideally, this process should begin 18-24 months out. For DTC business - the typical multiplier ranges between 3 to 10x of your profit over the last 12 months. Valuation will be largely driven by profitability, not just revenue. As you approach the sale, focusing on maximizing profit is crucial, especially in the year leading up to it. This is where StoreHero can make a significant difference. StoreHero’s advanced analytics and insights help you track and optimize every aspect of your business, ensuring your profitability is as strong as possible.

Why do elite DTC brands use a 3-statement financial model to guide operating decisions? Because the best operators in the DTC space know they need to model the impact every decision has on not only their P&L but also their Balance Sheet and Cash Flow Statement. Which is why their operating models always include all 3 financial statements.

AMZN shopping business model problem? How to fix the problem?! And make it more profitable with solid growth plan ? Stay tuned

In the intricate dance of commerce, it's not merely goods and services that exchange hands; it's a tapestry woven with threads of relations, stories, and magic. Beyond the tangible, customers seek connections that transcend transactional boundaries. A purchase is not merely an acquisition; it's an entry into a narrative, a shared experience. Brands that understand this alchemy, weaving stories that resonate and crafting relationships that endure, create a spellbinding allure. The magic lies not just in the product itself but in the emotions, memories, and associations it conjures. In this ethereal marketplace, transactions become moments of enchantment, transforming the ordinary into something extraordinary.

Retailers are going through a massive transition—mergers, closings/openings, adding new products, reconfiguring stores, putting up sales banners, or rolling out discount racks—all trying to drive more traffic through their aisles and incentivize customers to buy. Even splitting their selling models into brick & mortar and online presence has helped some survive, but others have gone out of business. Innovation is at the forefront of what retailers are looking for to remain competitive and they’re working with TONE Technologies to do it. Our Audio-Activated QR solutions give them the confidence to connect with consumers anytime, anywhere through their retailer branded app enabled with TONE-Tags. Catch them in the aisles with daily promotions, double down on loyalty points, give them the latest offers on new arrivals, and more—all delivered based on the customer’s personal preferences with your brand. Better engagement, lasting impressions, and real-time benefits to stick with buying goods from your store and website properties. Like a full shopping cart? See how TONE can make it happen: https://lnkd.in/e9yt58Rg Watch this short video to see what TONE can do: https://lnkd.in/dtPjJiX2 #TONERetail #TONEConnects #AudioQR #TONECPG