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How Woolies is using 2D barcodes to increase sales and transparency

Inside Retail

“With this next generation of barcodes, there’s a real opportunity to connect with consumers in ways we haven’t before,” explained Richard Jones, chief marketing officer at GS1. At Woolworths, we plan to build on the potential of these barcodes to offer customers valuable information on provenance, quality and sustainability.

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Streamline Your Supply Chain with Merret Pro: The Ultimate Retail ERP Solution

Retail Assist

Optimised Inventory Management With Merret Pro's real-time inventory data, you can ensure that the right products are available in the right place at the right time. This minimises out-of-stock situations, leading to increased sales and customer satisfaction. The result?

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Streamlining Retail Operations With Innovative Tech Solutions

365 Retail

Advanced inventory management software integrates with point-of-sale systems, monitoring every sale and tracking stock levels. To get started, hiring Kenyatta Computer Services or others should be at the top of your to-do list. But how do they work? No more guesswork or scrambling to restock shelves.

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Trade Promotion vs Consumer Promotion: A Comparative Analysis

Wiser

Tactics often include bulk buying discounts, rebates, or incentives like free point of sale displays. As noted previously, trade promotion refers to marketing activities that aim to stimulate demand and increase the sales of a product or service among a business’ supply chain partners, such as wholesalers and retailers.

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Health crisis: what impact on supply management in points of sale?

M19 Retail

The health crisis is accelerating the transformation of physical points of sale. The multiplication of choices induced by this model translates into a drop in productivity of the physical store space and an increase in markdowns at the end of the season to sell unsold products.

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What Are Trade Promotions and How Can You Make Yours a Success?

Wiser

Trade promotions are marketing campaigns and promotions organized by brands that are aimed at increasing sales within a retailer, sweetening the pot for both the store and the shopper. For brands, the primary goal of a trade promotion is to increase sales through their chosen retail channels. What is a Trade Promotion?

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Building a Futureproof Omnichannel Retail Strategy in 2023

Retalon

These technologies take in huge volumes of data – like point-of-sale transactions, inventory levels, customer engagement metrics, online browsing trends, social media conversations – and process it intelligently. Enhanced Gross Margins Traditional forecasts are often inaccurate, leading to steep markdowns.