I used to think buying in bulk was the smartest way to shop. Bigger box, bigger savings — right? Not always. After joining one of those warehouse clubs , I realized I was stockpiling more than I used. Paper towels , snacks , even condiments — some expired before I finished them. I wasn’t saving; I was wasting. Now I do the math. I check the unit price and compare it with smaller packages at Walmart or local grocery stores . Sometimes the difference is only pennies, and when you factor in storage space and spoilage , bulk doesn’t make sense unless you’re feeding a big family or running a small business. Another trick: split bulk items with a friend or neighbor. You both get the discount without drowning in a year’s worth of ketchup. Buying in bulk can save money — but only if you’re disciplined about what you actually use. Otherwise, those “savings” turn into clutter. About the Author Written by Preston Brady — YouTube creator and owner of Grady Brady LLC , maker of the Gr...
Data Collection and Analysis : Stores can collect data on customer preferences, purchasing behavior, demographics, and interactions across various touchpoints, including online and offline channels. This data can be gathered through loyalty programs, customer surveys, website analytics, and point-of-sale systems. By analyzing this data, stores can gain insights into customer preferences, identify trends, and understand which products or services are most relevant to different customer segments. Segmentation : Once stores have collected and analyzed customer data, they can segment their customer base into distinct groups based on shared characteristics such as demographics, shopping behavior, preferences, and past purchase history. This segmentation allows stores to target discounts and promotions more effectively by tailoring them to the specific needs and interests of each customer segment. Personalized Marketing : Armed with insights from data analysis and segmentation, stores ...