Wiser

NOVEMBER 16, 2023

Wiser Solutions’ Digital Shelf Intelligence (DSI) serves as a powerful tool for brand manufacturers navigating the dynamic landscape of eCommerce. One of its standout features is its capacity to provide competitive pricing and promotions intelligence. Competitive pricing is a crucial element for anyone in retail.

Promotions 148

Promotions Outdoor Payment Services Marketing 148

Retail TouchPoints

DECEMBER 27, 2023

This can be particularly discouraging for commercial innovation teams that spend anywhere from 18 to 24 months working to bring the product to life from conceptualization to placement. And the challenge for CPG leaders becomes how to maintain the output of their teams after that initial burst of energy at launch.

Operating Expenses 248

Operating Expenses Promotions Consumer Marketing 248

Wiser

APRIL 25, 2024

In retail operations, the interaction between category management and price optimization teams is key to staying competitive. However, the inherent differences in approach and objectives between category managers and pricing analysts can lead to internal challenges, underscoring the importance of finding a harmonious balance.

Management 78

Management Markdowns Marketing Promotions 78

Retail Focus

FEBRUARY 19, 2024

This would not only keep the look and feel of its stores sleek and modern, but also help P&V deliver real-time automated pricing updates across its 2,500 SKUs in-store and improved replenishment and restocking efficiencies, freeing up its staff to focus on customer service delivery.

Store Operations 148

Store Operations Marketing Promotions Customer Experience 148

Wiser

DECEMBER 11, 2023

They aid in the monitoring of product availability, pricing accuracy, promotional execution, and overall store cleanliness. Through crowdsourcing, businesses can leverage a vast network of individuals to gather data on store operations, employee performance, product placement, pricing, out-of-stock levels, and much more.

Promotions 148

Promotions Store Operations Customer Experience Location 148

Retail Focus

JUNE 3, 2021

It’s not surprising, then, that shopper responsiveness to digital promotional offers has increased, with 55% saying they are extremely or very likely to respond to a smartphone or mobile app offer v. Deliver channel-specific prices and offers that meet shopper expectations but preserve overall margins. . online prices.

Markdowns 200

Markdowns Promotions Shopping Planning 200

Retail TouchPoints

OCTOBER 6, 2022

The Retail TouchPoints 2022 Retail Strategy & Planning (#RSP22) webinar series, now available on-demand, offered a wealth of tips and best practices across critical areas including pricing, location-based technology, inventory management and marketplaces. Differentiating on product and price has become harder and harder.

Merchant Services 264

Merchant Services Payment Services Promotions Location 264

Wiser

FEBRUARY 23, 2024

In a recent panel discussion hosted by Wiser Solutions, senior leaders at brand manufacturers and retailers shed light on the delicate interplay between direct-to-consumer (D2C) channels and traditional retail partnerships.

Marketing 78

Marketing Promotions Advertising Wholesale 78

Retail Focus

OCTOBER 16, 2023

Sensormatic Solutions , the leading global retail solutions portfolio of Johnson Controls , today announced its predictions for the UK’s busiest shopping days of Peak Trading 2023. Retailers around the world are likely to have another strong holiday season this year,” said Tony D’Onofrio, President at Sensormatic Solutions.

Shopping 148

Shopping Planning Consumer Promotions 148

Inside Retail

FEBRUARY 18, 2024

There’s no doubt customers are becoming more price-sensitive, so as a retailer, we have to make sure that our customers see that we are providing value. That can come in the form of special offers, co-buy promotions or rewards for loyalty. These advancements liberate our team members from time-consuming manual tasks.

Customer Experience 263

Customer Experience Inventory Management Consumer Promotions 263

Inside Retail

NOVEMBER 14, 2023

But many companies are using spreadsheets or are saddled with outdated legacy systems – often custom-made and almost impossible to integrate with other solutions and platforms used within the business. Centric provides an end-to-end solution from product development to retail execution for retailers, manufacturers and consumer goods brands.

Marketing 130

Marketing Planning Apparel Consumer 130

Wiser

DECEMBER 18, 2023

These aspects underscore the importance of leveraging robust solutions like Wiser Solutions to expand your digital share of shelf and get ahead of the competition. In the online world, it’s not about physical space, but rather visibility on search results, category pages, and promotional spaces.

Promotions 139

Promotions Management Inventory Management Marketing 139

Retail TouchPoints

FEBRUARY 17, 2021

With innovative technology and data solutions, retail stores can deliver highly targeted offers to engage customers. Invest in Technology Solutions. There are a wide range of digital marketing solutions for retail brands to gather data — POS, interactive kiosks, loyalty programs and email marketing with QR codes, among others.

Target Market 239

Target Market Marketing Kiosk Promotions 239

Retail Focus

SEPTEMBER 20, 2021

COVID-related economic uncertainty, further compounded by Brexit, caused already price-conscious shoppers to grow even more vigilant about comparing prices, particularly as they flocked to online channels where complete price transparency is a click away. Think Beyond Item Strategy with a More Holistic View.

Promotions 242

Promotions Management Consumer Marketing 242

Retail TouchPoints

NOVEMBER 16, 2022

Clients and development teams would spend months — if not years — defining the specifications of the system before it was developed and implemented. With such technologies, retailers will be able to streamline the forecasting process, allowing their teams to focus on execution and decision-making. Digital Twin and Control Tower.

Planning 255

Planning Fulfillment Consumer Accounting 255

Retail TouchPoints

FEBRUARY 28, 2024

Different departments can collaborate more easily and work toward a common understanding of the data, promoting better decision-making. Some of these data models still exist in the form of standalone applications like Customer Data Platforms (CDPs) and BI solutions.

Inventory Turnover 231

Inventory Turnover Supply Chain Management Store Layout Marketing 231

Retail TouchPoints

JUNE 28, 2022

forcing retailers to grapple with remaining relevant to increasingly price-sensitive consumers. Many customers continue to shop premium products throughout the store, including Private Selection, Murray’s cheese and Deluxe Meal Solutions. The latest issue is inflation, which is running at a 40-year high in the U.S., 7% increase.

Consumer 283

Consumer Promotions Comparison Shopping Shopping 283

Retail Focus

FEBRUARY 23, 2024

Content includes daily price promotions, details of MeinBodenbelag’s social media channels, introductions to staff, directional signage, cool videos for relaxing in the customer lounge and even cartoons in a designated corner for children. “The software platform. And it does so on time and completely automatically.

Promotions 163

Promotions Shopping Marketing Consumer 163

Retail TouchPoints

JUNE 16, 2023

Traditional search marketing tools and reports are often insufficient, and marketers require an innovative solution that addresses gaps in existing search marketing tools to enhance brands’ visibility on the Google SERP and maximize ROAS. What’s Causing the High Levels of Fluctuation in Google’s SERP?

Advertising 265

Advertising Marketing Location Consumer 265

Retail TouchPoints

SEPTEMBER 8, 2023

As they begin to address these expectations, many retail IT teams are finding that the process is costly and complex. The Trouble With Promise Engines The promise engine market is filled with innovative solutions that excel at generating precise promises. The real complexity comes when we are looking at thousands of SKUs.

Merchant Services 223

Merchant Services Shipping Fulfillment Markdowns 223

Retail TouchPoints

SEPTEMBER 2, 2022

Expanding internationally takes time, effort and money, which means leadership teams need to be thoughtful about which markets they enter. It could come from style, it could come from price point or it could come from assortment.”. Other solutions help merchants ensure tax compliance for specific markets, products and sales channels.

Merchant Services 305

Merchant Services Customer Experience Marketing Consumer 305

Inside Retail

JANUARY 3, 2023

Or that we could use our smartphones to scan items in-store and instantly compare prices across different brands? In physical stores, AI can enable retail team members to become more efficient and knowledgeable. Retail workers have access to information about products, promotions, and pricing instantly.

Payment Services 290

Payment Services Shopping Checkout Kiosk 290

Retail TouchPoints

AUGUST 1, 2023

But despite earnest proclamations that consumers expect seamless brand experiences, these data and the insights they generate are resting in disparate systems and used by siloed teams. Being a great leader, as a store manager, is also about observing where your team has success, and where they don’t,” said Thurston.

Management 240

Management Promotions Checkout Consumer 240

Wiser

MARCH 13, 2024

Understanding the structure of retail and key account teams within the Fast-Moving Consumer Goods (FMCG) industry is crucial for anyone looking to make a mark in this field. Contributing author is Dan Ray, Director of Customer Success at Wiser Solutions. They ensure consistency in execution and performance across the board.

Accounting 78

Accounting Promotions Management Planning 78

Retail TouchPoints

OCTOBER 22, 2020

This poses unprecedented uncertainties for retail pricing and merchandising teams for the holidays in 2020. Here are some of the issues facing retailers — and ways that they can harness AI-powered pricing and promotions to cope with them productively. Shoppers are tugged by competing sentiments and forces.

Promotions 229

Promotions Markdowns Returns Shopping 229

Retail TouchPoints

OCTOBER 14, 2022

Seller-controlled pricing: In the traditional dropship supply path there are several manual processes that become automated through direct seller access when sharing a marketplace platform. For example, with dropship, the retailer’s buyers must pre-negotiate pricing with third-party sellers for most products.

Fulfillment 276

Fulfillment Management Accounting Retailing Pricing 276

Retail TouchPoints

JANUARY 15, 2024

Among the current top use cases for AI in retail are: Store analytics and insights; Personalized customer recommendations; Adaptive advertising, promotions and pricing; Stockout and inventory management; and Conversational AI. But many of these tasks may just represent the low-hanging AI fruit.

Loss Prevention 310

Loss Prevention Planning Customer Experience Inventory Management 310

Wiser

APRIL 18, 2024

Below we’ll delve into some intricacies of how brand managers within CPG organizations manage to get their products in front of shoppers , addressing both the opportunities and internal conflicts that arise between global and local teams, as well as between eCommerce/digital and in-store teams.

Brand Management 78

Brand Management Management Consumer Marketing 78

Retail TouchPoints

FEBRUARY 15, 2023

Accenture’s AI.Retail platform — which helps retailers better utilize data and artificial intelligence to optimize common operations such as customer acquisition, pricing and promotions, assortment and supply chain — can now be deployed on Google Cloud. Current customer Albertsons Cos.

Merchant Services 282

Merchant Services Markdowns Store Operations Planning 282

Inside Retail

NOVEMBER 8, 2022

These insights can be collected by retailers in-house or by third-party research firms or solutions providers. Here are some to consider: Stock levels Share of shelf Adjacencies Prices and promotions POS materials execution. Why should you measure store performance? The best part?

Promotions 130

Promotions Consumer Location Shopping 130

Retail TouchPoints

MARCH 29, 2021

But simply buying all of those platforms — CDP, POS, Loyalty, Promotions, Ecommerce, package payment terminals, and pricing and inventory management software — doesn’t automatically put retailers on the path to success. Before implementing any e-commerce solution, retailers need to ask themselves the right questions. Tomorrow?

Advertising 299

Advertising Inventory Management Promotions Marketing 299

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. In-Store No. 1: Foundational Phase Foundational brands are aiming to fortify their presence in retail environments. Online No. Online No.

Management 78

Management Brand Management Inventory Management Marketing 78

Retail TouchPoints

OCTOBER 14, 2020

Under his leadership, Imperfect Foods’ supply team identified new opportunities to free up food that became stalled in travel after the pandemic hit. By having a view of the margin impact of each promotion, the JOANN merchant team is now able to weigh the quantity increase against the margin decrease.

Merchant Services 268

Merchant Services Promotions Planning Marketing 268

Retail TouchPoints

OCTOBER 9, 2020

To take its online presence to the next level and meet shoppers’ needs in the virtual world, CITY Furniture overhauled its ecommerce approach by building its own headless platform, designed to integrate with modular partner solutions as needed. It’s a ‘bundled product’ type of promotion, but has many nuances.

Home Furnishings 251

Home Furnishings Payment Services Promotions Accounting 251

Inside Retail

MARCH 20, 2023

This reflects the growing demand for good quality fashion at competitive prices.” Meanwhile, amid rising cost of living pressures, Dahl-Thorup explained that Bestseller’s pricing strategy aims to provide consumers with high quality fashion at affordable prices. One key aspect of this is our focus on efficiency. [We]

Wholesale 236

Wholesale Fashion Shipping Department Stores 236

Retail TouchPoints

OCTOBER 8, 2020

GameStop has entered a partnership with Microsoft to enhance its backend and in-store solutions, empower associates with mobile devices and offer shoppers the Xbox All Access pass. GameStop plans to expand its physical and digital video game offerings as well as enhance its retail technology infrastructure through the deal.

Promotions 246

Promotions Planning Management ATS 246

Wiser

DECEMBER 4, 2023

Monitoring these diverse platforms and services can quickly become a complex and costly affair, necessitating a solution that is not only effective but also cost-efficient. Without thorough monitoring, variations in product pricing, presentation, and promotional activities can occur, leading to a disjointed brand image.

Inventory Management 146

Inventory Management Promotions Visual Merchandising Management 146