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":"c15af4c399ed9a3b136b929a0628f14b","s":"307bf4f6df72f4ca"}