Retail TouchPoints

FEBRUARY 2, 2022

Many retailers are worried that they don’t have all the data at their fingertips, like product data, customer data, transactional data, when items sold, on what device and more. Everyone starts somewhere, and it’s OK wherever you are at in your data journey. I don’t have all the data I know I should have, is that OK?

Retailing Pricing 234

Retailing Pricing Markdowns Accounting Outdoor 234

Retail TouchPoints

DECEMBER 12, 2023

In addition to this timing variation, over 60% of shoppers plan to do their browsing online, yet 85% expect to buy at least one product in a store. Add it all up and it’s clear that the timing duration, and location of holiday shopping is not like the old days.

Markdowns 267

Markdowns Retailing Pricing Promotions Fulfillment 267

Retalon

NOVEMBER 20, 2020

So, what exactly is price optimization and why is it so impactful to retailers? This article will give you a distinct understanding of pricing optimization, the challenges and constraints involved in optimizing retail prices, and the price optimization strategies that leading retailers are employing today to stay ahead.

Management 41

Management Markdowns Accounting Retailing Pricing 41

Wiser

JULY 14, 2020

If that’s the case, does the pricing reflect the value? In this article, we’ll look at what pricing strategy actually is, some different pricing models, and how you can think about your pricing strategy to facilitate long-term profitability and growth. What is a Pricing Strategy? Common Pricing Strategies.

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Bundled Pricing Markdowns Consumer Marketing 128

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.

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Retailing Pricing Markdowns Promotions Accounting 41

Retalon

MARCH 9, 2021

At the same time, defining your new product pricing strategy is exciting for a very different reason. These ten leading pricing strategies for new products can get you started. And with the help of retail pricing software , you can find the optimal strategy for your business.). Bundle pricing.

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Bundled Pricing Promotions Markdowns Advertising 41

Retalon

AUGUST 20, 2019

Plus, going into a retail store significantly reduces the potential for returns and increases upsell opportunities. In addition, many retailers are finding successful ways to unify their business strategies. Suitable retail AI and predictive analytics can help you with: – Demand Forecasting. – Consumer preference.

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Fulfillment Comparison Shopping Markdowns Promotions 32