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":"ed9b7a25c7e3b107309104329b530dfa","s":"3f905a89801805bc"}
Share your thoughts. Click here