Remove 2017 Remove Location Remove Markdowns
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As the Holidays Approach, it’s Time to Rethink Retail Pricing Methodology…and AI Can Help

Retail TouchPoints

Add it all up and it’s clear that the timing duration, and location of holiday shopping is not like the old days. In this kind of shopping environment, how should retailers align their promotions and markdowns for the greatest impact? Ending the Tradition of Blanket Markdowns Enter this year’s holiday shopper.

Markdowns 278
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What Are Trade Promotions and How Can You Make Yours a Success?

Wiser

Here are some of the most common types of trade promotions: Discounts and markdowns. Offering markdowns or discounts for specific channel partners could appeal to the most price-sensitive segment of their shoppers. Some friendly competition between individual locations can be a great incentive for each one to push your products.

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Advanced Retail Pricing Strategy: Unifying PPMO (2022)

Retalon

This is one of the main reasons why leading retailers are bolstering their retail pricing strategy by investing in UPPMO (Unified Price, Promotion, and Markdown) solutions. Top retailers achieve smooth cross-channel operations with the use of Unified Pricing, Promotion, and Markdown Optimizations solutions. Let’s find out.

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Improve Key KPIs & Meet Yearly Goals with Predictive Analytics

Retalon

All costs associated with the transfer — from logistics and store capacity to demographic diversity and the sizes and colors most likely to sell at the specific location — are incorporated automatically. In-Stock Percent. But for most retailers, the restocking process doesn’t begin until inventory starts to run low at a specific store.

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Improve Key KPIs & Meet Yearly Goals with Predictive Analytics

Retalon

All costs associated with the transfer — from logistics and store capacity to demographic diversity and the sizes and colors most likely to sell at the specific location — are incorporated automatically. In-Stock Percent. But for most retailers, the restocking process doesn’t begin until inventory starts to run low at a specific store.

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Avoid Inventory Imbalances by Leveraging Retail Predictive Analytics

Retalon

Retailers carry tens or hundreds of thousands of SKUs, far too many for buyers to accurately forecast every product at each channel/location. Retailers run costly markdowns to clear out overstocks, and out of stock merchandise leads to lost sales. Therefore, purchasing decisions are largely made at a higher than SKU level.

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Avoid Inventory Imbalances by Leveraging Retail Predictive Analytics

Retalon

Retailers carry tens or hundreds of thousands of SKUs, far too many for buyers to accurately forecast every product at each channel/location. Retailers run costly markdowns to clear out overstocks, and out of stock merchandise leads to lost sales. Therefore, purchasing decisions are largely made at a higher than SKU level.