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":"b8cf400e976973b03cf9cf789286fdfe","s":"11c40b64e6994590"}