Wiser

NOVEMBER 29, 2023

Understanding the difference between trade promotion and consumer promotion is crucial for any business seeking to maximize its market impact and sales potential. These two promotional strategies, while aiming to stimulate demand and increase sales, target distinct audiences and employ different methods.

Promotions 146

Promotions Consumer Wholesale Advertising 146

Small Biz Trends

APRIL 19, 2022

It shows you how to build a model to track customers and how to monitor marketing strategy. In this course, you will also learn “the belief framework”, which is the motivator of the consumer. Marketing Customer Analytics, Segmentation, and Targeting. Modern Marketing with Seth Godin.

Marketing 116

Marketing Customer Retention Advertising Target Market 116

Retail Minded

JULY 29, 2023

According to McKinsey & Company , 75% of consumers are exploring new shopping behaviors, indicating a significant change in their preferences and priorities. Understanding Changing Consumer Behavior The retail industry is undoubtedly no longer what it used to be; customer shopping habits and preferences are quickly changing.

Payment Services 52

Payment Services Consumer Inventory Management Promotions 52

Retail Minded

JULY 29, 2023

According to McKinsey & Company , 75% of consumers are exploring new shopping behaviors, indicating a significant change in their preferences and priorities. Understanding Changing Consumer Behavior The retail industry is undoubtedly no longer what it used to be; customer shopping habits and preferences are quickly changing.

Payment Services 52

Payment Services Consumer Inventory Management Promotions 52

RETAIL MANAGEMENT SOFTWARE

FEBRUARY 10, 2022

You need a point of sale system that helps you manage your business successfully in today’s highly competitive retail industry. In addition, that POS system will even allow you to see inventory across different store locations, which can help you better manage stock and ensure that all stores have each item you carry.

Point of Sale 81

Point of Sale Customer Retention Management Promotions 81

Wiser

DECEMBER 5, 2023

Businesses must carefully evaluate their financial position, considering factors such as profit margins, customer acquisition costs, and long-term sustainability. It requires a thorough analysis of your target market, competition, and overall business goals. Is Loss Leader Pricing Right for You? 3: It Can Be Illegal!

Store Layout 78

Store Layout Customer Retention Consumer Marketing 78

I Vend

MARCH 14, 2022

Shoppers are also returning in their droves to brick and mortar shopping – PWCs’ 2021 Global Consumer Insights Pulse Survey found that almost half the respondents now visit physical retail stores, with 75% planning to do so. Manage inventory in one place – having multiple channels doesn’t mean multiple inventories.

Customer Retention 98

Customer Retention Discount Store Department Stores Target Market 98