Retalon

AUGUST 16, 2019

Not only do you have to decide which metrics are most likely to provide high-value consumer data, but then you must have the resources on hand to analyze it in search of trends that help you to hone your brand strategies and better personalize the retail customer experience. Benefits and Challenges of Personalization.

Customer Experience 32

Customer Experience Fulfillment Markdowns Consumer 32

Retalon

APRIL 27, 2021

However, traditional spreadsheet analytics cannot account for store-by-store variations in the promotion’s effectiveness or secondary effects such as demand cannibalization. to optimize inventory for gross margins. In effect, this means a reduction of total inventories, maximized sales, and reduced markdowns.

Fulfillment 41

Fulfillment Markdowns Promotions Returns 41

Retalon

MARCH 4, 2019

Inventory Management. Traditional inventory management is fragmented silo work that doesn’t take other processes into account. Things are done retroactively or not at all, and any changes made tend to be at a category level, not a SKU level, leading to lost sales and unnecessary markdowns.

Inventory Management 32

Inventory Management Markdowns Planning Fulfillment 32

Retalon

APRIL 21, 2021

Omnichannel order fulfillment that drives customer experience (and boosts profits). Optimizing your omnichannel fulfillment process requires reducing costs, automating repetitive tasks, and improving your customer experience. no upfront investment into inventory), it may create unforeseen consequences.

Fulfillment 41

Fulfillment Drop-Shipping Shipping Returns 41

Retalon

AUGUST 16, 2019

Not only do you have to decide which metrics are most likely to provide high-value consumer data, but then you must have the resources on hand to analyze it in search of trends that help you to hone your brand strategies and better personalize the retail customer experience. Benefits and Challenges of Personalization.

Fulfillment 32

Fulfillment Customer Experience Markdowns Consumer 32

Retalon

JULY 4, 2018

These tools are not able to account for new products, categories, and markets, or used & exchanged items, let alone suggest accurate and tangible actions going forward. Retailers are working hard to get as close as possible to their customers, by reaching them wherever they are.

Promotions 32

Promotions Fulfillment Shipping Markdowns 32

Retalon

DECEMBER 8, 2021

Changes in geodemographics, seasonality, pricing, new inventory, and cannibalization are only a few of the factors influencing product demand. An accurate forecast must account for how relevant factors will affect each SKU at the store level. Unfortunately, a host of factors can make past sales history a poor indicator of future sales.

Merchant Services 41

Merchant Services Fulfillment Drop-Shipping Shipping 41