Smart Sales strategies… Increasing Online Shopping
Smart Online Sales Strategies aided online Fashion Store Gilt to Gross over $550 million in 2012
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As technology changes the way we interact and live, it has also changed the way we shop. Individuals can now shop in the comfort of their own home and thanks to websites like guilt, shoppers can grab the best deals online.
Gilt as-well as many other websites, have developed an online shopping strategy of flash sales to attract customers. The clever business model of this Limerick based store is to launch sales every day at 5pm on desired branded goods for a limited time period.
This smart business model has allowed the company to gross over $550 million in 2012 as it is complying with developing trends and to consumer needs.