Tag: #retail #retailmanagement #retailexperience #retailstrategy #newretail #retailorganisations #fastfashion #COP26 #climatechage #sustainability #recycling
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“Saving Planet Retail” Encouraging Lifecycles with the Customer
Lifecycles with the customer The retail industry’s awareness and considerations about the product lifecycle must now be extended forwards to the customer purchase, their relationship with the product, and its disposal. The retail lifecycle must evolve into the product lifecycle. Changes in retailer mentality The solution is to make more use, and more uses, of…
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“Saving Planet Retail” From ‘Economies of Scale’ to ‘Scale of Economies!’
From ‘Economies of Scale’ to ‘Scale of Economies!’ The principle behind making money from ‘economies of scale’ is to produce high volumes of products, which reduces the individual unit cost. The more you make and the more you sell the greater the margin and the greater the profit. ‘Economies of scale’ profit is made in…
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