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. Instead, the price is based on perceived customer value. Tiered and Bundle Pricing Encourage larger basket sizes by bundling products or offering volume discounts.

Retailing Pricing 70

Retailing Pricing Sporting Goods Jewelry Specialty Retailers 70

Small Biz Trends

JUNE 21, 2025

By anchoring higher prices to more competitive offers, your business can enhance the perceived value, making it easier to close sales and achieve sales goals. Integrate price anchoring into your territory management or sales forecasting strategies for improved sales performance.

Bundled Pricing 90

Bundled Pricing Consumer Marketing Target Market 90

Retail TouchPoints

OCTOBER 15, 2021

This is famously called psychological pricing or charm pricing. Retailers also use bundle pricing strategies, wherein organizations sell a set of goods with lower prices than they would have charged if the customer bought all of them independently. market basket analysis.

Bundled Pricing 147

Bundled Pricing Marketing Returns Advertising 147

Wiser

AUGUST 22, 2022

Bundle Pricing. This pricing strategy offers customers a lower price for a group of products if they “bundle” them together and buy them all at once, rather than purchasing them separately. For example, a grocery store may bundle bread, cheese, and sandwich meat together as a type of meal deal.

Bundled Pricing 143

Bundled Pricing Marketing Consumer Returns 143

Retalon

MARCH 9, 2021

Balancing the tradeoffs and identifying the best pricing strategy or combination of pricing strategies has always required deep retail management expertise. But in today’s dynamic and data-rich retail environment, leading retailers are leveraging the power of AI to deliver more powerful insights into pricing strategies.

Bundled Pricing 41

Bundled Pricing Promotions Markdowns Advertising 41

CJ Retail Solutions

AUGUST 8, 2024

Beyond its impact on sales, product merchandising plays a crucial role in inventory management. By promoting specific items, retailers can efficiently manage stock levels and reduce excess inventory. It also helps businesses to effectively manage inventory and reduce excess stock.

Cross Merchandising 52

Cross Merchandising Promotions Inventory Turnover Bundled Pricing 52

V Count

OCTOBER 5, 2022

Being competitive to draw clients while making sure the retail store makes enough money from each sale is how profit margins are managed. The ratio between a product’s cost base and its selling price is known as the profit margin. If you’re mostly targeting price-sensitive retailers, consider this strategy instead.

Customer Retention 52

Customer Retention Markdowns Bundled Pricing Net Profit 52