Remove Accounting Remove Markdowns Remove Promotions Remove Retailing Pricing
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The Data Dilemma with Retail Pricing and How to Untangle it

Retail TouchPoints

Many of your retail peers found themselves with the dilemma of missing data — from the lack of customer data, transaction history for certain items or timeframes or sales broken out by sales type (regular/base, promotion and markdown). This is your starting point and your job is to build up and improve it.

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2023: Ring in Retail Profits by Stopping Automated Threats

Retail TouchPoints

As consumers faced higher prices at the gas pump, grocery stores and other places, many cut back on their spending, increasing the competition among retailers. This was especially evident on Black Friday, when many merchants offered steep markdowns to compete. ATO attacks cost retailers millions of dollars each year.

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How Halara uses machine learning to make just the right amount of activewear

Inside Retail

Strategies behind Halara’s success A large part of the brand’s exponential growth boils down to this question: “How can you predict and make the right amount of units for customers to price for?” In fact, that’s a large part of what drew Hirata to the brand. So I thought what was the secret?” What’s next for Halara?

Markdowns 130
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What is Price Management and Optimization?

Retalon

So, what exactly is price optimization and why is it so impactful to retailers? This article will give you a distinct understanding of pricing optimization, the challenges and constraints involved in optimizing retail prices, and the price optimization strategies that leading retailers are employing today to stay ahead.

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10 Leading Strategies for Pricing New Products (2021)

Retalon

These ten leading pricing strategies for new products can get you started. And with the help of retail pricing software , you can find the optimal strategy for your business.). Why is new product pricing so challenging? The pricing strategy you choose for a new product has enduring ramifications. Bundle pricing.

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Advanced Retail Pricing Strategy: Unifying PPMO (2022)

Retalon

A good retail pricing strategy is integral – but is it enough? Setting an optimal product price can be a challenging task in today’s dynamic and data-driven retail environment. Missing the mark when setting prices can have a drastic effect on sales and the overall profitability of a retail business.

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DemandTec Unveils Unify, the Industry’s First Autonomous Unified Merchandising Platform, to Level the Retail Playing Field

365 Retail

DemandTec , a pioneer in retail price and promotion optimization technology, today launched Unify by DemandTec, the industry’s first autonomous unified merchandising platform for retailers. It’s a critical time for retailers, all around the world,” said Todd P. Unified merchandising as a strategic advantage.