Remove Customer Experience Remove Location Remove Markdowns Remove Retailing Pricing
article thumbnail

As the Holidays Approach, it’s Time to Rethink Retail Pricing Methodology…and AI Can Help

Retail TouchPoints

Add it all up and it’s clear that the timing duration, and location of holiday shopping is not like the old days. In this kind of shopping environment, how should retailers align their promotions and markdowns for the greatest impact? Ending the Tradition of Blanket Markdowns Enter this year’s holiday shopper.

Markdowns 256
article thumbnail

Retail AI & Predictive Analytics Blur the Line between Bricks and Clicks

Retalon

Still, real-world retail operations persist. This is because today’s competitive advantage in retailing can often come down to the customer experience. Plus, going into a retail store significantly reduces the potential for returns and increases upsell opportunities. – Price management & optimization.

article thumbnail

Online vs. Offline Retail – Blurring the Line between Bricks and Clicks

Retalon

Still, real-world retail operations persist. This is because today’s competitive advantage in retailing can often come down to the customer experience. Plus, going into a retail store significantly reduces the potential for returns and increases upsell opportunities. – Price management & optimization.