Marketing
November 1, 2016
Shoppers look toward their immediate and social networks to inform their purchases
By Brielle Jaekel
The drastic shift in consumer behavior from the rapid evolution of technology has resulted in a 20 percent drop in customer spend with luxury brands, according to the Luxury Institute.
{"ct":"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","iv":"187413d7712cee992ee47c524de2d102","s":"0eaf9a5f1c1a4f5c"}
Share your thoughts. Click here