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Excel vs Pricing Software—What’s Best for Your Business?

Wiser

For businesses of all sizes, the ability to accurately track and manage pricing is essential for success. Excel spreadsheets have long been the go-to tool for this task, but as companies grow and their pricing needs become more complex, it can be difficult to keep up with changes in pricing using Excel alone.

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The End of D2C as we Know it: Enter Direct-to-Retail

Retail TouchPoints

Customers today know what they want as their decision-making happens online, but more than 85% of purchases are still predominantly made through wholesalers like Target, Walmart and more. We’ll explore this new approach in depth, what it means for brands and consumers, and how it will affect marketers and those working with them.

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Dynamic Pricing vs. Personalized Pricing, What’s the Difference?

Wiser

There’s the price you pay. And then there’s your price. Dynamic Pricing is when prices change based on variables that are not related to the customer. Variables like these include the time of day, the temperature outside, the available supply and the competitor’s prices. Dynamic Pricing .

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Want to Build Long-Term Retail Partnerships? Try Holistic Negotiations

Rangeme

Developing joint value vs. “winning” Historically, most organizations have taught “technique” negotiation skills, emphasizing “winning” versus creating joint value together. My research shows that many top growth organizations do something very different. How do you think your organization is fairing?

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Euroshop 2023 to Highlight Sustainable Lighting Solutions

VMS

However, high efficiency and significantly lower LED prices, have contributed to a curious situation: the energy-saving potential of LEDs continues to be underutilized. A different mindset is needed to take energy savings to the next level and architects. At EuroShop – The World’s No. At EuroShop – The World’s No.

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How to Forecast Demand in Retail (2020)

Retalon

In order to understand how to take full advantage of this new technology, we will first explain what demand forecasting actually is, the most common methods of demand forecasting in retail, key constraints that need to be accounted for, and modern examples of accurate demand forecasting. What is Demand Forecasting?

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5 Vital Considerations for Big Data Analytics in Retail

Retalon

Prices (markdowns, promotions, competitor prices, etc.). Consumer behavior (average ticket price, product preferences, time, weather, etc.). But what good is all this data if you can’t derive real value from it? Business Intelligence vs. Predictive Analytics & AI. POS data (sales, returns, etc.).