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8 Tips for retailers to deal with the global inflation this 2022 holiday

From

magestore.com

Email Address

jackie@magestore.com

Sent On

Tue, Nov 8, 2022 01:18 PM

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2022 Holiday Retail Report Hi {NAME}, This holiday season sale, not only are consumers completing th

2022 Holiday Retail Report Hi {NAME}, This holiday season sale, not only are consumers completing their shopping quickly, but they are also getting started earlier. Thus, retailers need to understand and forsee what your customers expect for the upcoming sale seasons to avoid great uncertainties. Our recent retail holiday report is updated and expected to provide you more insights to retail trends and consumer behaviors. [Create emails quickly with structures]( The U.S. Bureau of Labor Statistics reported that consumer prices in September 2022 rose 8.2% from the last year. The figure is near the highest inflation level since the early 1980s, causing a sharp decrease in the purchasing power of average Americans. Amid the intense inflation, retailers must adapt to the current situation by modifying their marketing calendars and promotion strategies to meet consumer demand. [Build the way you want]( 8 Tips for retailers to prepare for this Christmas shopping As the inflation rate in 2022 is the highest since August 1982, demand for practical and personalized gifts will be the main focus this Christmas. Here're useful tips for you to keep up date the retail trends and plan for sale strategy this holiday! - Optimize your website and [POS checkout](. Make sure you can handle a larger amount of traffic and have enough sales staff to help customers. - Forecast customer demand to [stock up enough inventory]( focus more on the most wanted gifts and less on the unwanted. Also, think about how you will deal with stockouts and shipping delays. - Prepare for the return and exchange process, including a clear policy and proper system. Customers should be able to return products across channels and stores for their convenience. [Read Here]( An omnichannel POS solution will streamline the process, help you target more customers, and drive growth. [Explore Magestore Omnichannel POS]( Follow us [Facebook]( [Twitter]( [Linkedin]( [Youtube]( Magestore, 16F, Viwaseen Building, 48 To Huu Street, Nam Tu Liem District, Hanoi 100000, Vietnam | [Remove me](

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