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How to Build a Highly Profitable Product Assortment Strategy (2021)

Retalon

The assortments at urban flagships, suburban outlets, and airport kiosks will reflect the company’s brand but the breadth and depth of the assortments will be different. Account for changing consumer behaviour and preferences. 5 Highly Effective Retail Markdown Strategies that Work in 2021. Change is the only constant in retail.

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How Predictive Analytics Are Transforming Omni-Channel Retail

Retalon

It used to be catalogs, telephone, stores, and kiosks, and now it has evolved into e-commerce and mobile as well, but this is not what makes omni-channel retailing a unique shift. What is the optimal pricing/markdown strategy to sell off inventory by end of season while a staying away from lost sales, and dead inventory?

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How Predictive Analytics Are Transforming Omni-Channel Retail

Retalon

It used to be catalogs, telephone, stores, and kiosks, and now it has evolved into e-commerce and mobile as well, but this is not what makes omni-channel retailing a unique shift. What is the optimal pricing/markdown strategy to sell off inventory by end of season while a staying away from lost sales, and dead inventory?

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Predictive Analytics Brings Retailers Closer To Omni-Channel Customers

Retalon

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. Consider the following: Existing business intelligence tools and traditional analytics software are ineffective for making decisions going forward.

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7 Price Planning Tips to Maximize Retail Profits (2020)

Retalon

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. ultimately determine how profitable your business is.