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After Summer Sale Comes Amazon Prime Day — Retailers Must Prepare

Retail TouchPoints

But with its June summer sale, it’s clear that Amazon has no plans to sit on the sidelines. Brands can use Amazon’s June summer sale shopper data to help formulate their Prime Day strategy, such as better targeting and personalization based on comparison shopping habits, price sensitivity and search behavior.

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An Overview of how the BOPIS Retail Strategy is Transforming the Industry (2021)

Retalon

Instead of only shipping to customers’ homes, retailers let online customers shop from their local and online store’s inventory and pick up their orders from their closest brick-and-mortar location the same day. A retail fulfillment process that is known as BOPIS — Buy Online, Pickup In-Store. What is BOPIS?

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Online vs. Offline Retail – Blurring the Line between Bricks and Clicks

Retalon

If you doubt the benefit of such a strategy, just consider the speed at which Amazon has started to acquire physical locations – over 500, including Wholefoods and book stores. What do consumer purchasing habits look like, and how streamlined is your fulfillment process? – Merchandise, Assortment, and Store planning.

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Retail AI & Predictive Analytics Blur the Line between Bricks and Clicks

Retalon

If you doubt the benefit of such a strategy, just consider the speed at which Amazon has started to acquire physical locations – over 500, including Wholefoods and book stores. What do consumer purchasing habits look like, and how streamlined is your fulfillment process? – Merchandise, Assortment, and Store planning.

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How to Forecast Demand in Retail (2020)

Retalon

Demand is an economics concept that describes the willingness of consumers to purchase a specific product at a specific price. Therefore, demand forecasting is a statistical prediction of the willingness of consumers to purchase specific products, at a specific price, in a specific time frame. Demand Forecast vs. Demand Plan.