March, 2020

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What is Charm Pricing?

Wiser

There’s a reason why it’s hard to go shopping and come home with only one item. (Well, to be honest, there are likely a few reasons for that). The one we’re focusing on here is charm pricing. Charm pricing is a common strategy to get consumers to buy a product—or multiple products—with certain prices. Charm Pricing Definition. So then, what is charm pricing?

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Retailers’ Guide To Facing The COVID-19 Disruption

IntelligenceNode

It will be an understatement to state that the COVID-19 pandemic has created havoc. And the retail industry is getting hit especially hard. In North America, stores started closing this month and this trend is likely to continue as cities and states battle to contain the spread of the virus. So far Nike, Nordstrom, Sephora, […]. The post Retailers’ Guide To Facing The COVID-19 Disruption appeared first on Blog.

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Salon Survival Guide: Coronavirus Edition

Merchant Marverk

In the time of the novel coronavirus outbreak, hairstylists, makeup artists, nail technicians, and salons in general are all in a really, really tough spot. Many state and city governments have mandated closures of these types of businesses. Some states that have ordered the closure of salon businesses include Minnesota, Ohio, Kentucky, and Nevada—and the list is sure to grow.

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Your Coronavirus (COVID-19) Retail Survival Guide

Retail Next

It’s often said ‘there’s never a dull moment in retail,’ and perhaps the saying has never rung more true than now. Ordinarily, in North America, March is about as dull as it gets in retail – after the holidays and Valentine’s Day, before Mother’s Day and ‘Dads & Grads.’ . Not this year. The coronavirus (COVID-19) pandemic has produced a truly extraordinary time.

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From Data to Decisions: Maximizing Retail Potential with AI

Speaker: David Azoulay, Marc Stracuzza, Román Tejada, and guest speaker Sucharita Kodali

Imagine a retail landscape where every interaction is personalized, every decision informed, and every opportunity maximized 🤔✨ Join us for an exploratory journey into the heart of AI-driven retail innovation. We’ll unveil the transformative potential of AI and data analytics in shaping the future of omnichannel personalization and e-commerce.

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CPGers Who Rock it as Entrepreneurs - Roger Jackson

Shopperations

Roger Jackson discusses his 10 years of experience in CPG roles at companies such as Unilever and Kraft, and how they inspired him to create Shopper Intelligence, the largest international program of systematic shopper insights today.

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The effect COVID-19 is having on the retail industry

CJ Retail Solutions

In usual times, an increase in demand would almost certainly be at the top of the wish-list for any retailer. But these aren’t usual times, these are unprecedented. And these unprecedented times have sent the supermarkets, and the grocery industry as a whole, into a frenzy. Experts estimate that grocery retailers will see a sales lift of 30% in the next quarter – from 32% to 62% – as bars and restaurants are shut and consumers are urged to stay at home.

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10 Reasons to use the Pricing Intelligence Software

IntelligenceNode

For staying ahead of your competition, pricing intelligence software is critical in today’s retail world. It involves monitoring, tracking and analyzing price trends to understand the market and make informed pricing decisions across various product categories efficiently. And since product prices change constantly, you too need to keep a check on your prices in relation […].

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Third-Party Delivery Services For Restaurants & Retailers: Your Best Options

Merchant Marverk

Even though their existence is still relatively new, the chances are good that you, as a consumer, have already used a third-party delivery service at some point. Whether you’re quarantined during a global pandemic, a busy parent needing a fast meal sent right to your door or, like me, a parent who’s not so busy but occasionally wants to combine his two favorite things, eating Panda Express and not moving from my couch, these companies can be lifesavers.

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How to be Strategic in Your New Retail Brand’s Financial Matters

Retail Next

Managing finances in your business should be seamless if you have some tips or guidelines to get you through the process. When you have total control, you can make critical decisions regarding your brand and company. It is also a roadmap to show whether your venture is on the right track or needs improvement. Here are essential strategies you should employ in your new retail company.

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2020 Global Retail Trends & Innovations Blog Series: Trend #2 Extreme Convenience

Retail Eye

Welcome back to J.C. Williams Group’s Global Retail Trends and Innovations blog series where we celebrate global retail innovation, concepts, and trends! This series is based on our annual publication Global Retail Trends and Innovations, developed in partnership with our affiliate members from the Ebeltoft Group. Throughout the next few months, we will explore the hot four trends (Omni […].

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The Personalization Playbook: 2024 Strategies

Did you know—74% of IT leaders are looking to improve their tech stack to offer better personalization? It’s impossible to ignore the importance of personalization, but it comes with challenges. How do you do it with a tight budget? What about customer privacy and the use of data? The Personalization Playbook is packed with research and insights from Orium, Talon.One, and Bloomreach and gives IT leaders answers to these tough questions, helping them shape 2024 strategies for personalization.

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Business Update: COVID 19

CJ Retail Solutions

As we move forward in these unprecedented times within the UK as the Corona Virus takes hold and the whole country becomes affected by its spread in one way or another, we as a business would like to inform every one of our plans. CJ Retail Solutions as of today are following the guidelines as set out by the government and will continue with a ‘Business as Usual’ service and continue to deliver your projects on a national basis.

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What is a Unilateral Pricing Policy?

Wiser

A unilateral pricing policy is a policy by which a manufacturer announces the minimum acceptable resale price for a product, and may refuse to conduct business with any reseller it catches selling those products under that price. UPPs give manufacturers a means of controlling the retail price of their products without a violation of antitrust law for possible anti-competitive behavior.

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Top technologies for in-store analytics

Shopper Motion

What experience did my customers have when entering my store? How were the various purchase decisions reached or what factors influenced one purchase over the other? These are questions retailers try to answer in order to figure out how best to serve their customers. This post covers the top technologies for in-store analytics. Over the years, retailers have always based their analysis on the volume of sales obtained at the end of each designated period.

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The Business Owner’s Retail Guide To Surviving The Coronavirus

Merchant Marverk

The retail industry is facing massive, unprecedented closures as the novel coronavirus spreads throughout the country and state and city governments announce “shelter in place” orders. In much of the United States, the only type of retail stores that remain open are superstores and “essential retail” stores that sell food, medicine, or other life-sustaining goods.

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Brick & Mortar Retail Relevance: How to Stay Ahead of the Curve

Speaker: Jay Black, Senior Account Executive

Let's set the record straight: in-store retail isn't dead - it's evolving! Faced with the digital age and the demands of omnichannel shopping, some retailers are thriving while others are struggling to adapt. Join Jay Black in this exclusive session as he explores the strategies that set successful stores apart, including: Crafting unique and unforgettable in-store experiences 🛍️ Mastering the art of retail demands 🛒 Navigating inventory challenges in today's climate 📦 an

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Choosing the Best Marketing Channels for Your Retail Brand

Retail Next

As a retail store owner or manager, you’re always looking for the best way to get new shoppers into your store and keep existing customers coming back for more. It’s tempting to try a little bit of every marketing method and hope that something, somewhere, will bring in more customers. Instead, take the time to assess your existing customer base and target market and determine the most effective channels for marketing your business.

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2020 Global Retail Trends & Innovations Blog Series: Trend #2 Extreme Convenience

Retail Eye

Welcome back to J.C. Williams Group’s Global Retail Trends and Innovations blog series where we celebrate global retail innovation, concepts, and trends! This series is based on our annual publication Global Retail Trends and Innovations, developed in partnership with our affiliate members from the Ebeltoft Group. Throughout the next few months, we will explore the hot four trends (Omni […].

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The Year of the Puppy Love: 2020 Valentine Data Unplugged

RETAIL MANAGEMENT SOFTWARE

According to the latest reports from NRF 2020 Report and Survey, Consumers are most likely to spend an average of $30.19 on family members other than their spouses compared to $29.87 in the previous year; $14.69 on their close friends, up from $9.78; $14.45 on their children’s classmates and teachers, up from $8.63; $12.96 on their work collaborators, up from $7.78; and $12.21 on their beloved puppies.

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What is Product Serialization?

Wiser

Across nearly every retail vertical, companies are faced with pressure from regulators and consumers to provide more visibility into their supply chains. If you’re in this space, chances are you’re well-aware of the push for greater transparency, which stems from better traceability. The food and pharmaceutical industries are already very familiar with standards around traceability, as consumer safety hinges on manufacturers’ and distributors’ ability to track and trace every ingredient.

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How to Stay Competitive in the Evolving State of Martech

Marketing technology is essential for B2B marketers to stay competitive in a rapidly changing digital landscape — and with 53% of marketers experiencing legacy technology issues and limitations, they’re researching innovations to expand and refine their technology stacks. To help practitioners keep up with the rapidly evolving martech landscape, this special report will discuss: How practitioners are integrating technologies and systems to encourage information-sharing between departments and pr

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Forget Trying to Get Loyal Customers…

DMS Retail

If your employees find themselves defending errors and sloppy work by arguing with your customers, your chances of attracting loyal customers are slim to none. If you don’t have a strong service culture in your organization, it’s going to be next to impossible. In fact, some of your employees may even take pleasure in arguing with your customers and trying to prove them wrong.

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Safe Contractor approval…

Retail Design Solutions

We are pleased to announce that we have been awarded accreditation from Alcumus SafeContractor for achieving excellence in health and safety in the workplace. Alcumus SafeContractor is a leading third party accreditation scheme which recognises extremely rigorous standards in health and safety management amongst contractors. It is used by thousands of organisations in the UK including SMEs and FTSE 100 companies.

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Let Your Products Do The Talking: Optimizing Onsite Content to Maximize Product Appeal

Retail Next

In this age of digital domination where, by 2040, 95 percent of all purchases are expected to come from e-commerce sales, I don’t need to tell you that a website is a powerful tool for any retail business – whether that’s to offer easy online ordering to your customers or simply to act as an online advertising avenue used to drive people to your physical store.

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2020 Global Retail Trends & Innovations Blog Series: Trend #2 Extreme Convenience

Retail Eye

Welcome back to J.C. Williams Group’s Global Retail Trends and Innovations blog series where we celebrate global retail innovation, concepts, and trends!

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Exploring the Advantages and Hurdles of Direct Store Deliveries

Direct Store Delivery, or DSD, is a common practice among global suppliers and retailers – like PepsiCo, Frito Lay, CVS, and Dollar General – and its popularity is growing, with the global DSD market expected to reach $1.19 trillion by 2027. Download this eBook for exclusive insights into direct store deliveries, challenges, benefits, and future trends.

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The Year of the Puppy Love: 2020 Valentine Data Unplugged

RETAIL MANAGEMENT SOFTWARE

According to the latest reports from NRF 2020 Report and Survey, Consumers are most likely to spend an average of $30.19 on family members other than their spouses compared to $29.87 in the previous year; $14.69 on their close friends, up from $9.78; $14.45 on their children’s classmates and teachers, up from $8.63; $12.96 on their work collaborators, up from $7.78; and $12.21 on their beloved puppies.

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Weed on wheels: Medex lights up London with Adverttu on-car advertising

Retail Technology Review

Adverttu, the AdTech company, has launched its latest on-car advertising campaign with global pharmaceutical distributor, Medex and its ecommerce partner KAAM. For 8 weeks, Medex’s CBD 16mg patch product will adorn a fleet of Adverttu ad wrapped vehicles across Central and South West London.

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Announcing same-day Apple support

Jamf on Retail

For the ninth year running, we are excited to deliver support for new Apple operating systems the day they are available. Learn more.

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How Small Teams Can Enforce Minimum Advertised Price Violations

Wiser

You’ve got great ideas, but you don’t always have the bandwidth to do them. When it comes to minimum advertised price monitoring, a smaller team doesn’t mean you can’t implement, monitor, and enforce MAP pricing across your reseller network. The good news, though, is you don’t need a big team to get big results. Here is how you can enforce minimum advertised price violations as a small team: 1.

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Disruption Reimagined: How to Conquer, Not Crumble, During Supply Chain Instability

Speaker: Robyn O’Brien - Founder of Sirona Ventures, Adjunct Professor at Rice University’s Business School, Supply Chain Optimization and Logistics Expert

Today’s supply chain leaders are required to stay strong in the face of disruption and not only accept it, but embrace it – after all, progress is made outside of your comfort zone. While it’s easier said than done, conquering the fear of instability in your supply chain is within your reach. Thanks to the advancement of technology and AI, we now have more tools and resources at our disposal than ever before to conquer, not crumble, in the face of uncertainty.

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The Impact of Sustainability in Shaping Retail

Retail Next

Besides the more obvious role in preventing our grandchildren having to fight crab people for resources once the planet is both on fire and underwater, sustainability and the different ways in which companies handle it have started to play an important role in the modern business world. In his article, “ Sustainability and the consumer in 2019 ,” Duncan Baizley painted a very clear (and research-based) picture of how consumers see corporate sustainability, noting that brands will need to move be

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The Ultimate Guide To Google Ads For Ecommerce (2020)

Store Growers

For many ecommerce businesses, Google Ads is one of the main marketing channels. In some research studies , Google Ads accounts for as much as 18% of all ecommerce revenue. So if you’ve decided to start with Google Ads, or want to get better results from it, this guide is for you. Because Google Ads is a pretty big platform with tons of different options to choose from, it’s not always clear which of these features are relevant for you.

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The Year of the Puppy Love: 2020 Valentine Data Unplugged

RETAIL MANAGEMENT SOFTWARE

According to the latest reports from NRF 2020 Report and Survey, Consumers are most likely to spend an average of $30.19 on family members other than their spouses compared to $29.87 in the previous year; $14.69 on their close friends, up from $9.78; $14.45 on their children’s classmates and teachers, up from $8.63; $12.96 on their work collaborators, up from $7.78; and $12.21 on their beloved puppies.

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Report: When e-commerce is extended to restaurants and farms

Retail Technology Review

By Yuchuan Wang. This past Chinese New Year has been unprecedented for Chinese people. Greatly impacted by the novel coronavirus (COVID-19) outbreak, people have been forced to stay at home to avoid infection.

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Mapping Digital Transformation: Retail’s Strategic Shift

Speaker: Jennifer Wright, Michael Scholz, Jasmin Guthmann, and Scott Canney

Digital transformation in retail is so much more than new technology. You need to get your whole organization, from entry-level workers to executives, on board with the new tech, new skills, and culture changes that digital transformation brings. Leading this mindset shift can be a daunting task… but that’s where this webinar comes in! Join our panel of experts as they guide you through the challenges of digital transformation, preparing you to avoid common mistakes and make the most of incredib