Strategizing grocery store sales for economic resilience

 

Consumers are having a visceral, belt-tightening reaction to economic uncertainty. When profits dip, grocery executives' natural first reaction is to cut costs wherever possible, or maintain margins by passing off some of the cost to consumers.

But these traditional strategies are not designed with long-term goals in mind. Instead, they can leave loyal shoppers dissatisfied and push them to look elsewhere.

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Shopping at Grocery Store with grocery cart

Download the eBook to learn how competitive grocers:

Consumers

Capture new consumers

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Increase consumers' trip frequency

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Convert secondary shoppers into loyal customers

Download the eBook