Remove Comparison Shopping Remove Fashion Remove Promotions
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What the CashRewards, Little Birdie deal says about the rise of AI in retail

Inside Retail

Little Birdie is an AI-powered price-comparison shopping platform that launched in 2021, with $30 million in funding from the Commonwealth Bank of Australia, before suspending operations in May. It’s a great opportunity for retailers with products on promotion to get in front of consumers,” Walsh said.

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The Future of Retail Pricing Strategies in an Unstable Economy

RETAIL MANAGEMENT SOFTWARE

Promotional Optimization Utilize retail analytics to test various promotional types—such as percent-off, buy-one-get-one-free (BOGO), and loyalty-based offers—and track their return on investment (ROI). Retailers who optimize promotions reduce margin erosion. With ChainDrive, you can: Analyze historical pricing and performance.

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Behind Leo Lin’s showroom strategy: ‘You can’t do VIP without a physical space’

Inside Retail

Premium Australian fashion brand Leo Lin credits its impressive 225 per cent year-on-year sales growth to its key US retailers, which include Bloomingdales and Neiman Marcus. However, fashion brands like Leo Lin have embraced the concept and embedded it into their strategy to cater to both new and VIP customers.

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Effective Strategies to Reduce Shopping Cart Abandonment

I Love Fashion

Fashion Digital Marketing Agency Forrester Research showed that digital shopping cart abandonment loses revenue of almost $18 billion annually. This article explains every reason behind these issues and guides you to reduce shopping cart abandonment, retailers, inventory management insights, and more. Comparison shopping.

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How to Forecast Demand in Retail (2020)

Retalon

For example, most retailers order too much of the wrong products and then rely on discount promotions and clearance pricing to fix the resulting inventory problems. The demand forecast informs plans for more accurate product assortment decisions, promotional strategies, and more. Demand Forecasting Methodologies.

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Ten predictions for how retail will play out in Q3 and Q4: Coresight Research

Inside Retail

Within the context of this “stagflation”, an amalgamation of stagnant economic growth and high inflation, consumers are likely to reassess their priorities, focusing more on essential needs and comparison shopping and deferring larger discretionary purchases.