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The Future of Retail Pricing Strategies in an Unstable Economy

RETAIL MANAGEMENT SOFTWARE

For brands in sectors such as apparel, Footwear, Jewelry, Sporting Goods, Home Goods, and Department Stores, finding the right retail pricing strategies is crucial to survival and profitability. Dynamic pricing is especially effective for Apparel and Footwear retailers during sales seasons or product launches.

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Retailers: Leverage Customer Data to Navigate Lower Spending Due to Inflation

Retail TouchPoints

Over a longer-term period, the Fetch Price Index Inflation Report: Record Breaking Grocery Prices Changing How Consumers Shop , which examined 375,000 shoppers’ habits over 195 million in-store and ecommerce purchases over 24 months , showed that consumers were purchasing fewer items, with a year-over-year decline in units per trip of 10.2%.

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These 11 Stores Are Killing It On Google Shopping (Case Studies)

Store Growers

The last few years Google Shopping has gotten a lot more popular. In this article, I’ll share 11 Google Shopping case studies from large and small businesses. In this article, I’ll share 11 Google Shopping case studies from large and small businesses. Can Google Shopping deliver sales? Necessary skills.

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How to Forecast Demand in Retail (2020)

Retalon

On top of that, even smaller retailers must address the multi-channel reality of today’s shopping environment. Increasingly tech-savvy customers comparison shop not just against competitors, but even against a retailer’s other sales channels. Customers’ constantly-shifting color preferences will influence the demand for apparel.

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Ten predictions for how retail will play out in Q3 and Q4: Coresight Research

Inside Retail

Within the context of this “stagflation”, an amalgamation of stagnant economic growth and high inflation, consumers are likely to reassess their priorities, focusing more on essential needs and comparison shopping and deferring larger discretionary purchases.