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":"8fb852abea12514c8f3f00dccd39e862","s":"57e3e4b76cd18a3a"}