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PREVIOUS:The persistent problem of limited product availability is probably going to have a long-term effect on online shopping. Expectations about product access may change as customers grow used to dealing with scarcity. Retailers will have to adjust by strengthening their supply chains and improving their inventory control skills. This can entail spending money on technology that gives real-time stock level visibility or looking into alternate sourcing techniques that reduce the risk of supply chain disruptions worldwide.NEXT:To give customers early access to new releases or limited-edition products, for instance, some retailers have implemented exclusive membership tiers. This pattern reflects a larger trend toward individualized shopping experiences that address the difficulties caused by product scarcity while also accommodating personal preferences. Flexible delivery and pickup options are becoming increasingly important as customers deal with the challenges of limited product availability. During periods of scarcity, retailers who provide a variety of fulfillment options—such as curbside pickup, in-store collection, and same-day delivery—are better equipped to satisfy customer demands.
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