RETAIL MANAGEMENT SOFTWARE

JUNE 25, 2025

Smart Retail Pricing Strategies to Stay Profitable During Inflation Here are five effective retail pricing strategies to tackle inflation in 2025: 1. This is crucial in Jewelry and Luxury Specialty Retail, where brand and experience influence pricing more than materials alone. Monitor competitor prices in real-time.

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Retail Focus

MARCH 30, 2023

Leverage Programs and Promotions Offer creative promotions to entice customers to buy. Focus on Psychological Value Upscale fashion brands are all about offering an experience, not a product. Many high-quality fashion brands will partner with charities or media juggernauts to attract a different audience.

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Bundled Pricing Promotions Customer Experience Fashion 130

Retalon

APRIL 14, 2021

And cutting prices is the only way to clear this leftover inventory at the end of a season or of a product’s lifecycle. Although markdowns can have a similar sales uplift to a promotion, the purpose and approach of these two pricing events are very different. Use alternative pricing strategies in your markdowns.

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Markdowns Dead-Stock Promotions Bundled Pricing 41