Majority of affluent consumers unswayed by advertising
As marketers look to cut through the clutter to reach luxury consumers, the key is messaging that is personalized and creative, according to research from Luxury Portfolio.
As marketers look to cut through the clutter to reach luxury consumers, the key is messaging that is personalized and creative, according to research from Luxury Portfolio.
Chargebacks from friendly fraud are on the rise, and they present a growing problem that ecommerce merchants cannot ignore.
As consumers’ usage of mobile continues to grow and the number of shoppers who are comfortable purchasing via smartphones also rises, luxury retailers and brands need to keep their mobile offerings at the forefront.
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According to new research, 84 percent of all premium beauty brand engagement on Weibo is driven by posts featuring celebrities.
Luxury brands that entered India are still not marketing themselves correctly, considering the potential of the market. These brands follow an approach of creating a niche that has been their go-to strategy in Western markets.
Affluents are increasingly drawn to online shopping because of convenience, but omnichannel shoppers spend more on luxury items than the average on- or offline consumer.
The billions already wasted in annual ad fraud will look like peanuts compared to what the World Federation of Advertisers forecasts for 2025: $50 billion in annual ad fraud, translating to some $137 million in fraudulent activity each day.
British fashion house Burberry is taking action to increase the diversity within its organization after a runway look drew criticism.