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":"a39f71444db3d29701b164ceea7f7f0f","s":"6d86fce32c84fdf6"}