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Key Tips for Leveraging Personalization in the Retail Industry

Retalon

It’s a balancing act that grows more challenging as the retail industry continues to evolve, increasing consumers options and placing pressure on retailers to accommodate them. Consider high-end fashion labels like Louis Vuitton that simply refuse to undercut premium pricing or even offer any markdowns.

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Personalization vs. Consistency in the Retail Customer Experience

Retalon

It’s a balancing act that grows more challenging as the retail industry continues to evolve, increasing consumers options and placing pressure on retailers to accommodate them. Consider high-end fashion labels like Louis Vuitton that simply refuse to undercut premium pricing or even offer any markdowns.

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The Order Fulfillment Process in 2022 and Beyond

Retalon

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.