Inside Retail

FEBRUARY 1, 2024

One of the best examples of this came from China, as Apple reduced its retail prices on select iPhone models by almost $70. It has launched its Chinese New Year promotion and a “10-billion-yuan Discount’ day, that runs until the 17th of February. Another company rolling out huge discounts in the Chinese market is JD.com.

Payment Services 130

Payment Services Consumer Marketing Promotions 130

Talking Retail

NOVEMBER 17, 2021

Nisa is offering its retailers a package of confectionery deals to increase sales in the build-up to Christmas. The promotion, available in stores until 23 November, includes Nestlé Dairy Box and Thorntons Continental chocolate boxes at £4 each, saving shoppers up to £1.99 Or just read more coverage at Talking Retail.

Promotions 84

Promotions Retailing Pricing ATS Marketing 84

Retail TouchPoints

JANUARY 3, 2023

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. ATO attacks cost retailers millions of dollars each year.

Merchant Services 299

Merchant Services Payment Services Accounting Checkout 299

Retail TouchPoints

OCTOBER 14, 2022

There are nuances based on type of retailer, existing ecommerce strategy and whether the products are first-party only or also include third-party fulfillment. At that volume a marketplace model is the most efficient way to scale through use of technology. In the marketplace model the pricing side is simplified.

Fulfillment 274

Fulfillment Management Accounting Retailing Pricing 274

Inside Retail

DECEMBER 20, 2021

Chemist Warehouse has been accused of inflating product prices across the Black Friday weekend, signalling ‘savings’ which were actually higher than the standard prices advertised before and after the shopping event. off of recommended retail price), respectively.

Advertising 130

Advertising Retailing Pricing Promotions Shopping 130

Inside Retail

DECEMBER 20, 2021

Chemist Warehouse has been accused of inflating product prices across the Black Friday weekend, signalling ‘savings’ which were actually higher than the standard prices advertised before and after the shopping event. off of recommended retail price), respectively.

Advertising 130

Advertising Retailing Pricing Promotions Shopping 130

Retail TouchPoints

JANUARY 12, 2023

For many retailers, success selling on Amazon simply lies in following a set of best practices. Let’s take a look at a few of these. Manufacturer’s Suggested Retail Pricing (MSRP) and Minimum Advertised Pricing (MAP) aren’t enforced by Amazon. Neatness counts at Amazon. Best Practices for Selling on Amazon.

Fulfillment 265

Fulfillment Advertising Accounting Planning 265

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. In this kind of shopping environment, how should retailers align their promotions and markdowns for the greatest impact?

Markdowns 266

Markdowns Retailing Pricing Promotions Fulfillment 266

Wiser

DECEMBER 12, 2022

A minimum advertised price (MAP) policy is a mutually agreed upon set of guidelines from the manufacturer for the retailer that details what prices their products are allowed to be displayed at. To lower the price, a reseller might offer coupons or discounted rates internally, among other options.

Advertising 147

Advertising Retailing Pricing Promotions Shipping 147

Inside Retail

SEPTEMBER 26, 2022

The latest designer piece to arrive in the virtual world’s marketplace is a stunning yellow floral Carolina Herrera gown worn by Karlie Kloss during the designer brand’s Spring/Summer fashion show at New York Fashion Week. A Gucci bag in Roblox sold for about US$5,000 ($7,525), more than the retail price of the physical item in store.

Fashion 246

Fashion Accessories Retailing Pricing Promotions 246

Retail Gazette

NOVEMBER 22, 2023

Big retailers now face a 6.62% rise on their business rates bills next April. Subscribe to Retail Gazette for free Sign up here to g et the latest news straight into your inbox each morning Former New Look boss Nigel Oddy, now CEO of American Golf, welcomed the extension: “This is a win-win for consumers, retailers, and the economy.

Retailing Pricing 111

Retailing Pricing Promotions Consumer Shopping 111

Retail TouchPoints

AUGUST 17, 2021

Over the last year or so we’ve seen retailers and ecommerce sellers adopting AI tools at a frenetic pace. From backend inventory optimization to identifying salesfloor hotspots to highly targeted marketing programs, we’re seeing an influx of great retailing practices, all being driven by AI.

Checkout 306

Checkout Payment Services Customer Experience Inventory Management 306

Inside Retail

NOVEMBER 14, 2023

They can see sketches, 3D mockups and all the information on colourways, sizes, recommended retail prices and even carryover styles from previous best-selling items that may be incorporated into the new design.” The other part of the group focuses on communications – developing, planning and creating the assets to promote the product.”

Marketing 130

Marketing Planning Apparel Consumer 130

Small Biz Trends

NOVEMBER 30, 2022

In this article, we’ll take a deeper look at how Redbubble works and how to sell on Redbubble. Customers can browse through hundreds of artists and purchase products with their artwork at a great retail price. Promote your listings. Promote your artwork to your social media followers to sell products.

Payment Services 111

Payment Services Drop-Shipping Accounting Promotions 111

Wiser

FEBRUARY 29, 2024

As detailed by industry experts at the panel, the impact of staffing shortages extends beyond the bottom line. With so many tasks and not enough hands, businesses are turning to third-party services to fill the gap, often leading to additional costs and higher prices for consumers.

Shrinkage 78

Shrinkage Inventory Management Loss Prevention Consumer 78

RETAIL MANAGEMENT SOFTWARE

AUGUST 27, 2020

Whether you’re managing prices for long-term or for seasonal cycles, you need to track and monitor each price for each SKU as well as keep an eye on inventories, especially at critical times. Retailers and wholesalers both must manage merchandise prices. Managing prices has never been easier.

Wholesale 57

Wholesale Management Promotions Retailing Pricing 57

Wiser

AUGUST 17, 2018

According to behavioral economics researcher Dan Ariely , shoppers generally overvalue the benefits of “free” even when compared to higher-quality items at a discounted price. We see this happening in the retail industry all the time. Big companies such as TOMS and Chipotle have seen a lot of success with BOGO promotions.

Advertising 112

Advertising Promotions Visual Merchandising Store Layout 112

RETAIL MANAGEMENT SOFTWARE

AUGUST 27, 2020

Whether you’re managing prices for long-term or for seasonal cycles, you need to track and monitor each price for each SKU as well as keep an eye on inventories, especially at critical times. . Retailers and wholesalers both must manage merchandise prices. Managing prices has never been easier.

Wholesale 52

Wholesale Management Promotions Retailing Pricing 52

RETAIL MANAGEMENT SOFTWARE

AUGUST 27, 2020

Whether you’re managing prices for long-term or for seasonal cycles, you need to track and monitor each price for each SKU as well as keep an eye on inventories, especially at critical times. . Retailers and wholesalers both must manage merchandise prices. Managing prices has never been easier.

Wholesale 52

Wholesale Management Promotions Retailing Pricing 52

365 Retail

JULY 14, 2021

But even as the social environment returns to ‘normal,’ the dramatic pandemic-era shift to online channels will persist, and retailers need to be much more vigilant than in past back-to-school seasons about presenting current, relevant prices and promotions to shoppers both in-store and online. www.demandtec.com .

Shopping 98

Shopping Promotions Returns Apparel 98

A1 Retail

JULY 25, 2023

Total Till growth slowed in July following the unusually high growths in June, brought on by the heatwaves and peak inflation Discounts and promotions account for 22.5 percent of retail sales, highest in the last 12 months except during Christmas and Easter In-store sales (+9.4 percent), with both retailers attracting more shoppers.

Supermarket 52

Supermarket Accounting Promotions Retailing Pricing 52

Retail Focus

SEPTEMBER 7, 2021

Ben Balfour, Business Operations Director at Advanced Supply Chain Group , shares top tips about how retailers can prepare their supply chains for a Black Friday and Christmas sales surge. Ben Balfour, Business Operations Director at Advanced Supply Chain Group. How regularly are retailers achieving optimum selling prices?

Inventory Management 147

Inventory Management Supply Chain Management Shipping Planning 147

Inside Retail

JULY 26, 2021

Yves Saint Laurent partnered with China Duty Free Group to bring its #Claimyourlove campaign to Hainan on China’s Valentine’s Day 2021, launching a sweat-proof, all-weather foundation at the tropical paradise. Brands do not even need an offline presence at CDF to open online brand boutiques within the WeChat store.

Social Commerce 130

Social Commerce Advertising Apparel Accounting 130

Wiser

MARCH 17, 2020

They want to feel like they’re getting deals, either against a similar brand or a different retailer. Pricing something at $19.95 There’s also the promotional aspect of it. Prices that end in nines or other numbers are often indicative of sale. Furthermore, many shoppers buy based on emotions.

Markdowns 135

Markdowns Consumer Retailing Pricing Promotions 135

Independent Retailer

AUGUST 17, 2022

The 55th OFFPRICE Show , held between August 6-9th 2022 at the Venetian Expo in Las Vegas, kicked-off the summer edition of Las Vegas Fashion Week. Retailers of all sizes came to source excess inventory that is hitting the market to fill gaps in their open-to-buy dollars and preview resort and early spring merchandise. .

Apparel 70

Apparel Accessories Shipping Boutique 70

RETAIL MANAGEMENT SOFTWARE

AUGUST 27, 2020

Whether you’re managing prices for long-term or for seasonal cycles, you need to track and monitor each price for each SKU as well as keep an eye on inventories, especially at critical times. Retailers and wholesalers both must manage merchandise prices. Managing prices has never been easier.

Wholesale 40

Wholesale Management Promotions Retailing Pricing 40

Retail Gazette

NOVEMBER 23, 2023

Ex-John Lewis senior premium beauty buyer Rebecca Saunders, now director of consumer and retail at Alvarez and Marsal, says: “There’s something really exciting about the discovery of having lots of brands within the product.” The beauty retailer has even opened up its waiting list for next year’s calendar.

Department Stores 122

Department Stores Drop-Shipping Fashion Marketing 122

RETAIL MANAGEMENT SOFTWARE

AUGUST 27, 2020

Whether you’re managing prices for long-term or for seasonal cycles, you need to track and monitor each price for each SKU as well as keep an eye on inventories, especially at critical times. ChainDrive Price optimization and Management software manage your retail or wholesale prices effectively in your business.

Wholesale 40

Wholesale Management Promotions Retailing Pricing 40

Inside Retail

MARCH 8, 2022

Another major issue is the inability of new retailers to be able to access competitively-priced stock from wholesalers, controlled by the duopoly. For years, this has led to convenience store operators buying stock at a Countdown or Pak’N Save store where common items can be bought in volume considerably cheaper than from wholesalers).

Wholesale 130

Wholesale Supermarket Consumer Checkout 130

Retail Smart Guys

OCTOBER 18, 2022

On top of that, retail pricing must be realistic, catering to people with diverse socioeconomic backgrounds. Also, marketing and advertising have to be solid to ensure the promotion of your products. A robust retail plan is not what it all takes. Performance Analysis.

Planning 52

Planning Advertising Accounting Marketing 52

Wiser

JULY 14, 2020

We tend to think of pricing as its own distinct practice. You develop a product, produce it, promote it, and sell it. In reality, a pricing strategy needs to be baked into the entire process. If that’s the case, does the pricing reflect the value? If that’s the case, does the pricing reflect the value?

Bundled Pricing 128

Bundled Pricing Markdowns Consumer Marketing 128

Shopper Intelligence

APRIL 30, 2021

The Buyer deeply involved in the minutiae of operating a category for a retailer: pricing, stock, availability, promotions (see how we track these metrics ), a million daily hassles plus the pressure of hitting profit targets, and performance reviewed by the week, day or even hour. Not the least of which is promotions.

Management 52

Management Promotions Accounting Marketing 52

Retalon

AUGUST 14, 2023

In today’s omnichannel retail world, traditional pricing methods are struggling to keep up. Retail pricing intelligence gives retailers a strategic edge with data-driven pricing decisions. What is Retail Pricing Intelligence and Why Does it Matter? There are treasures to be uncovered.

Retailing Pricing 41

Retailing Pricing Promotions Marketing Spend Marketing 41

Wiser

JULY 23, 2019

Price intelligence can highlight a price change from your top competitor or pinpoint a promotion they recently ran. They could then beat you on price, and that’s why shoppers have shifted to them over you. . “If Did they run price promotions? The issue at hand is how much a customer is willing to spend.

Apparel 76

Apparel Promotions Marketing Retailing Pricing 76

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

Inside Retail

MARCH 14, 2023

But around the edges and in the niches, there is a huge number of PC enthusiasts and gamers that either want higher performance equipment that you can’t get at those places, or they want to build their own computers. These are people who are seeking products that aren’t available at the more mass-market electronics stores.

Shipping 130

Shipping Marketing Management Point of Sale 130

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.

Bundled Pricing 41

Bundled Pricing Promotions Markdowns Advertising 41