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From Barcodes to Bytes: Retailers Prepare for Next-Generation UPC

Retail TouchPoints

It’s hard to believe that the invention of the UPC — first used by railroads almost 100 years ago and then introduced to speed grocery checkout lines back in 1974 — hasn’t changed. And in 2014, Inditex SA, which owns fast-fashion giant Zara, implemented RFID to effectively track all its products at every step in the process.

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How to Build Product Pages That Convert

Retail TouchPoints

Then there’s the website navigation, web accessibility, mobile friendliness and the checkout experience. They want to be certain they’re making the right purchase, so help them arrive at that decision with full confidence. Time-sensitive or exclusive items can be promoted on an aisle endcap.

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2023: Ring in Retail Profits by Stopping Automated Threats

Retail TouchPoints

Becoming proficient at navigating these obstacles is key to protecting retail profits. 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. Inflation and the Incredible Shrinking Margin. Bad Bots are Siphoning Profits.

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The Ultimate Guide to Retail Promotions

Wiser

These two types of brands often choose to go about retail promotions in different ways. In this article we will break down the elements all retailers and brands need to carry promotions out as efficiently as possible. . Your competitive positioning is a key metric when planning retail promotions. Know Where You Fit in .

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5 Major Retail Digital Transformations to Watch For in 2021

Retalon

Although e-commerce gets all of the attention, the past two decades of technological change have transformed every aspect of the retail business — from planning, inventory, pricing, and promotions — all the way down to customer service and the in-store experience. to optimize inventory for gross margins.

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8 Effective Ways to Increase Profit Margins in Retail

V Count

Previously, customers used to shop for particular products at a variety of specialized stores. Additionally, to evaluate the overall health of the retail store, however, one looks at the net profit margin. You may want to sell more of these items or promote them more prominently in your store. Value pricing. Bundle pricing.

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50 Ideas to Spin the Doors on Your Stores!

Retail Adventures

Add your telephone number and web address in 10-14” white reflective vinyl letters at the center bottom of your main windows. Light your window displays at night. While you are still at the front of your store check its sight line – you want shoppers to be able to see into and through the sales floor. Check your sight line.