Remove Advertising Remove Marketing Remove Promotions Remove Retailing Pricing
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Best Practices for Selling on Amazon You May Be Missing

Retail TouchPoints

Manufacturer’s Suggested Retail Pricing (MSRP) and Minimum Advertised Pricing (MAP) aren’t enforced by Amazon. It’s up to the brand or its agency to manage what your pricing policies will be and how you prevent being undercut by resellers on Amazon. Don’t start without a marketing strategy. Keep things tidy.

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Can You Price Below MAP Prices?

Wiser

MAP policies can also help set an expectation for the price of certain products across the market, which is helpful for smaller businesses that are looking to sell products based on value without the fear of a price war looming in the distance. How Retailers Can Work Around Minimum Advertised Price.

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Chemist Warehouse accused of price tampering during Black Friday sales

Inside Retail

Chemist Warehouse has been accused of inflating product prices across the Black Friday weekend, signalling ‘savings’ which were actually higher than the standard prices advertised before and after the shopping event. off of recommended retail price), respectively.

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Chemist Warehouse accused of price tampering during Black Friday sales

Inside Retail

Chemist Warehouse has been accused of inflating product prices across the Black Friday weekend, signalling ‘savings’ which were actually higher than the standard prices advertised before and after the shopping event. off of recommended retail price), respectively.

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Analysis: The many faces of social commerce in China

Inside Retail

A recent KPMG report has predicted Hainan to become the world’s biggest duty-free market in the next two years. For luxury travel retail brands, this is an opportunity boon. China apparel brand Peacebird has mobilized employees to push out promotions to their social circles. Second-life commerce.

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How Buy One, Get One Can Improve Your Sales

Wiser

Big companies such as TOMS and Chipotle have seen a lot of success with BOGO promotions. In a report from AMG , 66 percent of shoppers say that they like BOGO the most out of all discount promotions. They also found that 93 percent of shoppers report that they have taken advantage of BOGO promotions at least once.

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Five Steps to Achieving a Perfect Retail Plan

Retail Smart Guys

The planning of retailing process requires vigorous efforts, data, research, and in-depth analysis to ensure its fruition in optimizing your retail stores. To guide your way to developing a retail planning process, here’s a five-step approach to get you started. Market Analysis. Customer Analysis. Performance Analysis.