Global Luxury Goods Trends: New first-party tax-free shopping and refund data now available

Nomad Data
July 10, 2024
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Nomad Data has partnered with a leading tax-free shopping and refund services platform to make data driven business solutions more accessible. Leveraging the platform’s international footprint, which captures transactions from over 13 million shoppers and 35 million transactions, our new partner offers unique insights into luxury products and captures the growth of international shoppers.

With Nomad Data, you can focus on identifying the use case you’re trying to solve for, and we’ll connect you with this industry leader if their data can inform on it. Some sample use cases identified for this data include:

  • Market and Trend Analysis: Understand market dynamics and identify emerging trends by analyzing purchasing patterns across regions, countries, product categories, and price tiers
  • Consumer Behavior Insights: Gain insights into the buying habits of international shoppers, segmented by age, origin, and product type, to inform marketing strategies and product development
  • Sales Performance and Benchmarking: Benchmark sales performance by comparing transaction volumes and sales amounts across various categories, regions, and demographics
  • Pricing and Retail Strategy Optimization: Optimize pricing strategies, retail planning, and merchandising decisions by evaluating transaction and sales data in different price and product categories
  • Targeted Marketing and Segmentation: Develop targeted marketing campaigns and customer engagement strategies based on the demographic profiles and spending behaviors of different shopper segments
  • Cross-Border Shopping and Tourism Trends: Analyze cross-border shopping behaviors and the impact of international tourism on retail sales by examining validated transaction data
  • Luxury and Brand Strategy: Inform strategies for luxury brands and high-end retailers by analyzing sales trends and transaction data in high-value categories
  • Retail Location Strategy: Optimize location strategies by identifying key regions with high international shopper activity and assessing regional sales performance

This tax-free shopping insights supplier can provide actionable guidance for buyers to dive deeper and glean their own insights tailored to their specific needs.

To be connected with this industry leader for your data needs, please log in to Nomad Data and share your specific use case.

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