Luxury brands are having a hard time matching high-quality products with premium experiences, making it difficult for them to retain affluent customers, according to findings from a report by the Luxury Institute.
Customer retention is a saving grace in times of economic uncertainty since providing great experiences is what will make consumers continue buying. Personal relationships and experiences are key to this type of success.
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","iv":"20c9421b56cf7f6deb23771f789b9cf8","s":"752016cfba6bd992"}