Retail TouchPoints

OCTOBER 15, 2021

To explore the effectiveness of this experimentation, retailers sent out varying product catalogs and, in some cases, left the prices unchanged, and in others, they changed the pricing either at the beginning or at the end of the catalog with $0.99. This is famously called psychological pricing or charm pricing.

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Bundled Pricing Marketing Returns Advertising 147

Retail Focus

MARCH 30, 2023

While all retail stores use similar marketing techniques , high-end retail stores have to use that blueprint and turn it on its head. Capitalize on Personalized Services Many luxury brands would benefit from allocating part of their budgets to highlighting the customer experience. But if you don’t have a name, what can you do?

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Bundled Pricing Promotions Customer Experience Fashion 130

CJ Retail Solutions

JULY 21, 2024

This positive experience can lead to increased customer satisfaction and loyalty, ultimately driving repeat business and higher sales. Retail shelving also functions as a powerful marketing tool. The arrangement and presentation of products on shelves influence customer perceptions of brands and their offerings.

Visual Merchandising 52

Visual Merchandising Promotions Bundled Pricing Beauty and Health 52

CJ Retail Solutions

AUGUST 8, 2024

This approach aims to evoke emotional responses from customers, generate a sense of urgency, and ultimately drive sales. Retailers who prioritize and invest in effective product merchandising strategies can gain a competitive advantage in the market. Why is product merchandising important?

Cross Merchandising 52

Cross Merchandising Promotions Inventory Turnover Bundled Pricing 52