Retalon
NOVEMBER 20, 2020
To understand the challenges and constraints faced when implementing retail price optimization let us look at a simplified example: Option 1: The graph below shows that if you offer a product at the low price of $10 (Perhaps at a discount store), you might sell 100 units and make a revenue of $1000.
Mike Anthony
JULY 28, 2021
The IGD in the UK predicts that the discount channel will be the fastest growing grocery channel in the UK over the next five years (yes – faster than online!). And in most markets they continue to aggressively expand their store footprint, which will make their stores even more convenient to visit. Get your tactics right.
Retalon
JUNE 10, 2020
may cover generic approaches to managing and optimizing price for any given product, but they don’t account for the most critical variables that determine your pricing success. Retailers who don’t account for these considerations often struggle with profitability. A discount store for bargain hunters? What does this mean?
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