Retail TouchPoints

FEBRUARY 2, 2022

In my experience, the data is what keeps retailers from making the big jump to new pricing technologies and strategies. I assure you that not every retailer has this all, and this should be expected when you’re looking for a better pricing strategy. This is your starting point and your job is to build up and improve it.

Retailing Pricing 220

Retailing Pricing Markdowns Accounting Outdoor 220

Retail TouchPoints

JANUARY 3, 2023

As consumers faced higher prices at the gas pump, grocery stores and other places, many cut back on their spending, increasing the competition among retailers. This was especially evident on Black Friday, when many merchants offered steep markdowns to compete. ATO attacks cost retailers millions of dollars each year.

Merchant Services 289

Merchant Services Payment Services Accounting Checkout 289

Retalon

OCTOBER 24, 2023

As such, retailers can’t afford to risk losing sales because they ran out of stock. The consequences of out-of-stocks are severe, from losing profits to losing customers, and inevitably market share. Retailers face the challenge of figuring out what the product mix should be, and how much of each product to purchase.

Markdowns 41

Markdowns Fast Fashion Consumer Accessories 41

Retalon

FEBRUARY 14, 2022

As such, retailers can’t afford to risk losing sales because they ran out of stock. The consequences of out-of-stocks are severe, from losing profits to losing customers, and inevitably market share. Retailers face the challenge of figuring out what the product mix should be, and how much of each product to purchase.

Markdowns 41

Markdowns Fast Fashion Consumer Accessories 41

Retalon

JANUARY 17, 2022

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.

Retailing Pricing 41

Retailing Pricing Markdowns Promotions Accounting 41

Retalon

MARCH 9, 2021

Ten new product pricing strategies that work. Introducing new products creates an exciting opportunity to attract new customers and reinforce your presence in the market. At the same time, defining your new product pricing strategy is exciting for a very different reason. Why is new product pricing so challenging?

Bundled Pricing 41

Bundled Pricing Promotions Markdowns Advertising 41

365 Retail

DECEMBER 3, 2021

DemandTec , a pioneer in retail price and promotion optimization technology, today launched Unify by DemandTec, the industry’s first autonomous unified merchandising platform for retailers. Successful retailers today require a complete view of the shopper across channels, powered by advanced AI and ML to win in the market.” .

Markdowns 52

Markdowns Promotions Retailing Pricing Accounting 52