With the cost-of-living crisis continuing to put pressure on consumer budgets, brands and retailers must ramp up value propositions to maximise customer retention and meet the needs of inflation-squeezed families.

Key strategies

Offer alternative value: balance low prices with demand for other value-adds, including convenience and just-in-time delivery.

Be transparent about price increases: maintain open communication with customers and offset rises wherever possible.

Actively address loss prevention: focus on technological advances and employee training to minimise shrinkage.

Maximise loyalty programmes: boost engagement with rewards that can help gather valuable customer data.

Teach consumers how to reduce costs: help consumers cut costs through guidance on reducing waste, and by supporting a circular economy.


D'Art Design is a leading retail design agency that provides retail strategies according to your requirements.

Explore; https://www.dartdesign.in/
Mumbai, Interior Design, Retail Strategy: Cost Of Living 2024Mumbai, Interior Design, Retail Strategy: Cost Of Living 2024Mumbai, Interior Design, Retail Strategy: Cost Of Living 2024Mumbai, Interior Design, Retail Strategy: Cost Of Living 2024Mumbai, Interior Design, Retail Strategy: Cost Of Living 2024Mumbai, Interior Design, Retail Strategy: Cost Of Living 2024