Contact Us

why UK retailers profit is not in peak

Why some of the UK retailers profit is not in peak

Some of the UK retailers’ profit is not in peak due to errors and inaccuracies in product pricing. Mostly 36% of retailers damaging their profit margins by making pricing mistakes.

Criteo’s  State of Ad Tech 2019 report says data fragmentation is the biggest challenge for today’s marketers. 40% says they are getting struggle using data in the online/offline gap. The marketers have different ways of defining what makes the effective conversion. 35% says new revenue, 33% new customer rate, 30% says the cost per action.

34% of retailers feel confident in their pricing levels are always perfect. But, 19% of retailers confessed the pricing errors negatively affected their business.

57% of consumers plan to spend less than £50 on alcohol Christmas grocery shop. 66% estimate their shop will come in more than £100 in grocery shopping. 71% stating their shop grocery price become less than £100.28% planning to visit the supermarket for their Christmas shop.

45% of consumers find chatbots are annoying. 78% of consumers say they’re too impersonal.  Marketers understand that chatbots are integrated with the wider customer journey to helpful experience.

72% of millennials are more likely to be loyal to a brand that responds to feedback via social media over the brand does not. 47% of Americans over the age of 45. 38% of millennials say feedback using company social media once a week or more in the past 12 months. 18% of millennials prefer to leave positive feedback on company social media channels. 13% prefer to leave negative feedback on the company’s social media channel.

To know more about digital marketing contact us now.

This article was posted by

Leave a Reply

What our clients say

"It’s like having your own in-house digital marketing consultancy rather than an external company. I no longer think about them as a supplier. They’re part of the team."
Marketing Manager, Education
"They have always been professional and focused on delivering results in a timely and cost effective manner. It is enlightening to have an organisation that takes the time to make recommendations on actual data analysis."
Business Manager, Charity
"They (Network Intellect) continue to exhibit their digital expertise by helping us to establish a competitive advantage by pushing the boundaries and innovating their technology and performance solutions."
Head of Marketing Communications, Education
"Because of their talent, expertise and level of service our on-line business has increased dramatically."
Founder, Electronics
"I would have no hesitation in recommending them as an analytics partner to understand and improve the performance of a website."
Vice President, Retail
Network Intellect continue to give us a fantastic service, fast and friendly and are always ready to go the extra mile. They have gone above and beyond the call of duty to deliver our results.
Director, E-Cigarette Web
"We found that Network Intellect had the depth of knowledge we needed and after speaking to them a few times we decided to go with them. It’s the best decision we’ve made in some time."
Owner, Retail
"Their services offered great value for money. I would not hesitate to recommend them as a digital partner to others."
Strategic Marketing Manager, Education
"Jason and his team at Network Intellect embody efficiency and efficacy. I would have no hesitation in recommending this excellent company to others."
Marketing Manager, Education
Network Intellect have managed our product data feeds with exceptional care and meticulous detail. I know I can trust them to make the right decisions for our business."
Director, E-Commerce
"It’s like having your own in-house digital marketing consultancy rather than an external company. I no longer think about them as a supplier. They’re part of the team."
Marketing Manager, Education
Read all testimonialsRead all testimonials

We can help you be great

We have friendly staff ready to help you get on your path to greatness...
Network Intellect Menu