Introduction Loyalty programs have consistently demonstrated their efficacy in bolstering revenue and increasing customer loyalty. These programs serve as pivotal tools for retaining customers, encouraging their continued engagement with brands instead of opting for competitors. Not only do these incentives stimulate recurring purchases, but they also foster a profound connection and devotion to the brand. […]
Angostura’s Grey Market Challenge Angostura, a leading alcoholic beverage distribution company was facing a significant challenge in the form of grey market sales. These unauthorized distributors sold their products at reduced prices, affecting the company’s revenue and brand reputation. Angostura was also struggling to engage with its customers in a personalized and meaningful way. The […]
Illicit alcohol consumption accounts for an estimated 26% of global alcohol consumption, resulting in an annual fiscal revenue loss of $8.9 billion, according to Euromonitor. This significant issue poses substantial health risks for consumers and undermines their confidence in the integrity and safety of alcoholic beverages. Alarming as it is, there is no sign of […]
In today’s marketplace, businesses face mounting challenges, with counterfeit goods at the forefront of concerns. Brands must proactively assert control by prioritizing proven approaches. Across diverse industries, a variety of strategies has demonstrated resounding success. A unifying factor among these strategies is the paramount importance of timely and insightful reports. These reports not only provide […]