Wiser

APRIL 16, 2024

Ten to 20 years ago, category management was primarily focused on optimizing the assortment, shelf placement, and stock levels of products within physical stores. Retailers relied heavily on historical sales data, consumer surveys, and rudimentary analytics to make decisions about which products to stock and how to organize them.

Management 78

Management Promotions Consumer Accounting 78

Retail TouchPoints

SEPTEMBER 30, 2020

Companies are constantly trying to master the art of a perfectly organized retail shelf. To ensure realogram-to-planogram (R/P) alignment, retailers need to invest in advanced technology solutions that help them identify any missteps. When they are not followed, customers have a hard time quickly finding the items they need.

Store Layout 164

Store Layout Management ATS Store Operations 164

Wiser

MARCH 4, 2024

Understanding the distinct phases of retail maturity—Foundational, Expansion, and Innovation—is crucial in identifying the specific needs and solutions that will propel a brand or retailer forward. The Phases of Brand Maturity Navigating brand maturity involves understanding how digital and physical realms intersect.

Management 78

Management Brand Management Inventory Management Marketing 78

Wiser

FEBRUARY 26, 2024

A recent study conducted by Wiser Solutions, focusing on the headphones category, unveiled significant discrepancies in pricing strategies across retailers. This underscores the critical need for brands to keep a vigilant eye on how their products are positioned in the market. Wiser Digital Shelf Intelligence can help in this regard.

Retailing Pricing 78

Retailing Pricing Advertising Consumer Marketing 78

Retail TouchPoints

JULY 11, 2023

But the NFL has an edge, as it has led the way in adopting technologies like network analytics and cloud management solutions that make it easier to ensure the network can handle demands from both fans and operational teams. Data analytics is a powerful tool retailers can use to deliver better shopping experiences.

Payment Services 196

Payment Services Inventory Management Consumer Returns 196

Wiser

NOVEMBER 16, 2023

Wiser Solutions’ Digital Shelf Intelligence (DSI) serves as a powerful tool for brand manufacturers navigating the dynamic landscape of eCommerce. Equally important is DSI’s ability to offer in-depth analysis of promotional activities across the digital space. Swift action prevented further revenue loss.

Promotions 148

Promotions Outdoor Payment Services Marketing 148

Inside Retail

JUNE 14, 2023

RedMart by Lazada, Singapore’s first fully digital grocer, recently released the findings of its latest research into Singaporean grocery shopping and restocking habits. The key challenge here will be for supermarkets to balance the availability of major international brands while maintaining good shelf position for their house brands.

Marketing 246

Marketing Grocer Promotions Supermarket 246

Retail TouchPoints

AUGUST 20, 2021

During a recent retailX webinar , a panel of executives representing packaging, supply chain operations, data and analytics, digital optimization and in-store experience came together to discuss the potential of the “Store as Media” model , how it operates and what is required for success.

Advertising 321

Advertising Consumer Point of Sale Marketing 321

Retail TouchPoints

AUGUST 20, 2020

They’re also enhancing analytic capabilities to improve demand forecasting while targeting consumers with personalized promotions and other engagement efforts. Providing access to real-time data on campaign performance mirrors well-established offerings from competitors such as Google Analytics. in-store and online.

Advertising 192

Advertising Net Profit Kiosk Consumer 192

Inside Retail

SEPTEMBER 15, 2021

Traditional in-store shelf execution strategies are even less dependable, if not obsolete. Through the company’s IoT platform, it helps monitor the shelf and turn everyday shelf images into timely, actionable insights. “We

Inventory Management 130

Inventory Management Promotions Consumer Supermarket 130

Retail TouchPoints

JULY 26, 2021

Whether you add these functions in-house or outsource them, you should have a clear understanding of the skills and infrastructure you’ll need, and how to get them. It’s one thing to attend trade shows and compete for buyers’ attention to get retail shelf space; it’s another to convince 230 million online shoppers in the U.S.

Wholesale 278

Wholesale Payment Services Fulfillment Returns 278

Wiser

FEBRUARY 21, 2024

A recent customer panel hosted by Wiser Solutions revealed critical insights that demonstrate the agility and adaptability of brands. Panelists emphasized the significance of seamless integration of digital tools in response to COVID-19, which enabled continued engagement with consumers and efficient operational management.

Inventory Management 78

Inventory Management Retail Trends Consumer Promotions 78

Retail TouchPoints

FEBRUARY 9, 2022

Online retailers and brick-and-mortar stores are having a tough time keeping up with the ever-growing digital market and the audience characteristics that are developing with it. This means retailers need to take an omnichannel approach to successfully meet the demands of their audience.

Shopping 254

Shopping Payment Services Visual Merchandising Customer Experience 254

Wiser

FEBRUARY 29, 2024

One crucial theme addressed during a recent Customer Panel hosted by Wiser Solutions concerned the deficit of labor resources within the retail sector. Establishing a consistent rhythm for data sharing among partners is a key objective aimed at improving the overall efficiency of analytics processes and fostering collaboration.

Shrinkage 78

Shrinkage Inventory Management Loss Prevention Consumer 78

Retail TouchPoints

AUGUST 31, 2021

However, AI truly differentiates itself in inventory management, shelf workload and identifying products that will upsell successfully. Optimizing product shelf locations. The shelf location of each product affects sales revenue and customer purchases. The Same Stores but Smarter. Improve customer service.

Inventory Management 208

Inventory Management Location Marketing Planning 208

Retail TouchPoints

OCTOBER 22, 2021

This article will look at how to get a decent site from scratch without using off-the-shelf solutions like Magento, Shopify, and WordPress, as well as the top seven practices for custom ecommerce website development. Additionally, you need to understand web design, content strategy and site support. You need a domain name.

Payment Services 254

Payment Services Inventory Management Promotions Checkout 254

Inside Retail

JUNE 1, 2022

In an industry that’s already heavily saturated, hundreds of emerging digital channels have made it increasingly difficult to stand out, writes Simon Kelly, solutions manager, Apac at ChannelAdvisor. Invest in digital marketing and retail media to maximise your presence in each channel. Optimise with data and analytics.

Social Commerce 130

Social Commerce Fulfillment Wholesale Consumer 130

Retail TouchPoints

AUGUST 12, 2020

With that in mind, industry leaders need to prepare for, and adapt to, shopper behaviors and preferences that have shifted as a result of this pandemic. Moving forward, they will need to take what they have learned, look around to their peers for best practices and act with a sense of urgency, agility and resilience. Early Adopters.

Fashion 276

Fashion Customer Experience Consumer Promotions 276

Retail TouchPoints

MARCH 14, 2023

These include not just costly shipping and processing fees but also the extra promotions or liquidations needed to move excess inventory. One solution to this challenge is utilizing technology to get products back on the shelf before markdowns become necessary, according to Kieboom. billion annually.

Returns 242

Returns Markdowns Fulfillment Consumer 242

Wiser

MARCH 13, 2024

Contributing author is Dan Ray, Director of Customer Success at Wiser Solutions. This involves a deep understanding of both the retailer’s needs and the brand’s capabilities. Let’s break down their structures, functions, similarities, differences, and the challenges they face. Thus priorities can be at odds.

Accounting 78

Accounting Promotions Management Planning 78

Retail TouchPoints

DECEMBER 3, 2021

described Dan Leahy, co-founder and CEO of the product design analytics platform MakerSights. To find out exactly what retailers needed, the partners spoke to nearly 300 people at all levels of the assortment planning process. “ But these legacy processes don’t work as well as they once did, and COVID made that fact hard to ignore. “A

Consumer 264

Consumer Merchant Services Planning Marketing 264

Retail TouchPoints

SEPTEMBER 21, 2021

The 2021 Retail Strategy & Planning webinar series, now available on demand, brought together retailers, solution providers, practitioners and industry experts from firms including IDC, Alvarez & Marsal, WSL Strategic Retail and Cambridge Retail Advisors. How to Get the Most Value From Your Loyalty Program This Season.

Payment Services 237

Payment Services Customer Experience Consumer Advertising 237

I Vend

DECEMBER 11, 2023

As consumer demands continue to evolve, and competition is hotter than ever, retailers are embracing innovative solutions to stay ahead. Electronic shelf labelling (ESL) – ESL technology is not new, but it is has gone through a dramatic change and has matured to the point that it is set to be a significant trend in 2024.

Payment Services 52

Payment Services Inventory Management Checkout Point of Sale 52

Shopper Motion

DECEMBER 6, 2022

During the last few years and together with the rise of Retail Media, Digital Signage has gained popularity among Offline Marketing strategies inside the store. Digital Signage wins in Offline Retail Media : it can boost sales and revenue and it plays a relevant role in enhancing the customer experience in the store.

Advertising 52

Advertising Promotions Point of Sale Customer Experience 52

Retalon

FEBRUARY 14, 2024

The essence of retail analytics insights cannot be understated. Retail analytics insights play a pivotal role in strategic decision-making. Forbes Those who have already embraced advanced analytics report a boost in operational efficiency by up to 60% McKinsey & Company.

Inventory Management 41

Inventory Management Management Consumer Marketing 41

Cisco Retail

SEPTEMBER 7, 2022

While suffering an out of stock is a cardinal sin, holding too much stock represents an investment tied up in product that may end up needing to be discounted if it does not move fast enough. Fast movers sell out quickly and may need regular restocking. What’s the solution? The position is not accidental, they pay for that spot.

Loss Prevention 106

Loss Prevention Promotions Point of Sale Checkout 106

I Vend

FEBRUARY 9, 2024

Closely related to AI is Augmented Reality (AR), which overlays the real world with the digital world, to enhance the shopper’s experience and increase sales, with applications such as make-up, virtual dressing rooms, and room styling. Process automation – such as inventory management , tracking stock levels and re-ordering.

Payment Services 52

Payment Services Inventory Management Checkout Point of Sale 52

Cisco Retail

FEBRUARY 11, 2022

The setting is Francisco Market, a fictitious marketplace that illustrates Cisco’s use cases and solutions in retail. These first mobile engagements showcase the conversational experiences that imimobile can provide to engage customers across their preferred digital messaging channels. The Customer Experience. Checking out.

Marketing 108

Marketing Checkout Kiosk Store Operations 108

Retail TouchPoints

NOVEMBER 10, 2023

Whether you’re looking for a deeper understanding of the implications and applications of retail media or need a down-and-dirty explainer on what retail media actually is, you’ve landed in the right place. That figure represents 18% of all global digital advertising and 11% of all advertising. In the U.S. ad spending by 2027.

Advertising 286

Advertising Marketing Social Commerce Consumer 286

365 Retail

MARCH 10, 2023

Akeneo , the product experience company, announced at the PX World Conference, Unlock 2023 , new capabilities and features for Akeneo Product Cloud, the complete solution for executing on a product experience (PX) strategy. We need to have up-to-date, high-quality product information automatically feeding our Amazon listings.

Accessories 52

Accessories Marketing Consumer Management 52

Rangeme

JANUARY 19, 2023

Over the next five years, we will see a contraction in the number of SKUs in the typical food retail store, driven by several factors: retailers’ desire to free space for more service-intensive, higher-margin products; the need to use space more efficiently with faster turning, more popular items; and to reduce supply chain and store labor costs.

Management 52

Management Consumer Shopping Marketing 52

Retalon

NOVEMBER 11, 2021

The recent global pandemic has accelerated retail’s deep dive into digital transformation, forcing many retailers to upgrade and replace their outdated legacy systems and processes. Digital signage (screens, streaming servers, etc.) Digital transformation has changed the way consumers shop and how retailers operate.

Fulfillment 41

Fulfillment Markdowns Promotions Shipping 41

Hyken

APRIL 8, 2022

He shares how retailers can understand the digital customer experience in the retail world. Now, the question that arises in this digital dominant world is how retailers can understand the digital customer experience requirements. . Understanding the customer’s need . Product discovery experience .

Customer Experience 61

Customer Experience Payment Services Home Furnishings Fulfillment 61

Shopper Motion

MARCH 10, 2020

This post covers the top technologies for in-store analytics. In the following blog post, we review the most popular technologies for in-store analytics currently used by grocery retailers all over the planet. Here is a quick run-through of the various technologies for in-store analytics available in the market. Manual Counting.

Supermarket 52

Supermarket Accounting Shopping Location 52

Retalon

FEBRUARY 10, 2022

So, a retailer who wants to gain the competitive edge while avoiding undue losses, needs to be able to spot the indicators of bad inventory and know how to fix them at the root. Stagnant inventory is occupying shelf space, in-place of high demand products. . What is bad inventory called? No room for in-demand inventory .

Inventory Turnover 41

Inventory Turnover Management Inventory Management Dead-Stock 41

Retail Next

OCTOBER 3, 2019

There are many ways you can utilize technology in your business, from shopper traffic counting and retail analytics to sophisticated point-of-sales (POS) systems and beyond. Keeping track of trends lets you forecast and predict which inventory you will need, and when. This includes any digital inventory management systems you may use.

Inventory Management 52

Inventory Management Management Point of Sale Shipping 52

Wiser

OCTOBER 2, 2020

What can be done to optimize shelf conditions such as availability, planogram compliance, display compliance, and more? Wiser Solutions and The Clorox Company Webinar. Today we’re going to hear from Wiser Solutions and the Clorox company on how to best approach in-store retail. How to get better visibility into retailers?

Consumer 148

Consumer ATS Merchant Services Outdoor 148