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

Retail TouchPoints

From this firsthand perspective in both retail and software, he has focused on the application of robust, leading-edge statistical analytic solutions for retailers’ age-old challenges of optimally aligning pricing and inventory with shifting shopper demand. Joining antuit.ai

Markdowns 278
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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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Warrick Lambert Takes the Helm at Genie Shopping Amid Growth Surge

365 Retail

Genie Shopping, a leading UK retail price comparison engine , has appointed performance marketing expert Warrick Lambert as its first-ever Chief Executive Officer. This has been further bolstered by high-profile partnerships with tech giant Google , and renowned retailers such as eBay , Currys , and Schuh.

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How Buy One, Get One Can Improve Your Sales

Wiser

trillion in 2017, nearly 59 percent of digital sales worldwide. web traffic in 2017 came from a mobile device. Data from eMarketer found that global mCommerce sales were greater than $1.3 Advertise on mobile channels by leveraging social media and email marketing to reach out to shoppers on the go.

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Proudly made in China: How Chinese consumers are reclaiming domestic brands

Inside Retail

Still, many Chinese citizens were unable to afford – or unwilling to pay full retail prices – for foreign-branded items. First opened in 2017, Nio aimed to design an experience beyond just selling a car through its exclusive lounge concepts and on-site perks. CASE STUDY : Perfect Diary.

Consumer 130
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The Brilliant Strategy Behind Supreme’s Success

Indigo 9 Digital

The popularity of the brand which sells jackets, hoodies, t-shirts, and other accessories online as well as in its stores caught the eye of private equity firm The Carlyle Group which made a $500 million investment in the brand in 2017 valuing the company at $1 billion.

Apparel 111
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Best of 2024: From swoosh to stumble, can Nike regain its stride?

Retail Gazette

Back in 2017, Nike launched its Consumer Direct Offense, as it looked to expand its direct-to-consumer (DTC) business, and lower its reliance on wholesale accounts. He uses its Dunk Panda shoe “as a prime example” Nike Panda Dunk “At one point hitting market prices of 250+ in all sizes, it was desirable.