Wiser

FEBRUARY 25, 2020

There’s no way around it: minimum advertised price, or MAP, violations are not fun. And it’s not always easy to stop them, especially if you sell on hyper-competitive eCommerce marketplaces such as Amazon and Walmart. For example, say you enter an agreement with a retailer that they won’t advertise your product below a set price. You check in on the various marketplaces and see that your products are, in fact, listed below your MAP policy.

Advertising 148

Advertising Returns Consumer Marketing 148

Retail Next

FEBRUARY 18, 2020

In the business world, it’s better to be the company creating the latest trends than it is to be the business that too slowly follows what happens elsewhere in the market. If you can break the mold with your business, introducing the world to new ideas and opportunities, then you have the potential to transform your small business into the next Netflix or Uber.

Inventory Management 92

Inventory Management Marketing Management Fashion 92

IntelligenceNode

FEBRUARY 6, 2020

As retailers, brands, or eCommerce business owners, you have to keep an eye on your competition. And one of the most important aspects you need to look out for is ‘price monitoring’. Customers today have easy access not only to your products but also to your competitor’s products. In fact, according to a study, 87% […]. The post How Price Monitoring Software helps Retailers to Maximize their Profit appeared first on Blog.

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Natural Insight

FEBRUARY 26, 2020

The holiday season provides nearly 20-30% of retail sales year after year. Is that going to matter when it’s time to report first-quarter numbers? Hardly. Get a jump on the new year with these post-holiday winter merchandising ideas.

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Adopting MACH technology means more than implementing new platforms. This type of digital change affects your organization at every level and requires a thoughtful approach to navigate challenges that crop up. The Get MACH Ready report, co-authored by MACH Alliance member Scott Canney in collaboration with Orium, commercetools, and Contentstack, will provide you with strategies to prepare your organization for a digital transformation.

Management

Storis

FEBRUARY 23, 2020

In an industry with more competition than ever, the importance of earning repeat customers has never been more crucial. The more loyal customers a retailer secures, the more successful it will be. Understanding the advantages of earning repeat customers is the foundation to grow your company. Before diving into improving your company’s customer retention rate, it is important to understand how it will positively affect your company.

Customer Retention 52

Customer Retention Home Furnishings Payment Services Clienteling 52

Retail Eye

FEBRUARY 14, 2020

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 […].

Retail Trends 52

Retail Trends 52

Retail Next

FEBRUARY 4, 2020

We live in a rapidly advancing technological world, where technology is disrupting the way every industry does business. In retail it is helping create better customer experiences, streamline B2B and B2C operations, and provide better products and services. The retail industry in the United States has become heavily dependent on technology and tech-oriented marketing, and the future is digital.

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Apparel Shopping Returns Customer Experience 88

IntelligenceNode

FEBRUARY 18, 2020

No one ventures out into the sea without a chart and some intelligence about waypoints on the voyage. Yet many digital enterprises lack the tools and data to set prices that support their brand proposition in competition with agile global competitors and data-driven marketplaces like Amazon. Access Intelligence Node’s webinar to learn about Forrester’s latest […].

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Shopper Motion

FEBRUARY 12, 2020

In a previous article , we talked about recognizing various end caps intelligence in retail companies and making maximum use of them to increase sales and exposure. This, however, is not the end of our analysis and dealings with the end caps and Business Intelligence in retail. Today we are tackling the following end cap questions: From every hundred shoppers that pass-by our end cap, how many converted into a sale ?

Promotions 52

Promotions Management Supermarket Accounting 52

Storis

FEBRUARY 11, 2020

Retail success relies on customer retention. While a store full of customers is ideal, the number that truly counts is how many are loyal to your brand. Repeat customers add value to your business in the form of increased sales, higher conversion rates, and positive word of mouth advertising. According to Bain & Company, increasing your customer retention rates by 5% can generate a 25% increase in profit.

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Customer Retention Customer Experience Checkout Advertising 52

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.

Customer Experience

Retail Eye

FEBRUARY 14, 2020

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 […].

Retail Trends 52

Retail Trends 52

Wiser

FEBRUARY 11, 2020

Do you need to know what is going on inside brick-and-mortar stores? Have questions around merchandising, inventory, category management, store operations, and more? Then you may need to conduct a retail audit. What is a retail audit? We define this concept as “the act of data collection from brick-and-mortar store locations to gather information on merchandising compliance, adjacencies, inventory levels, store associate knowledge, and many more shelf-level metrics.” Of course, a s

Finance 128

Finance Location Store Operations Management 128

Retail Next

FEBRUARY 6, 2020

In an effort to meet customer demand and increase the likelihood of customer loyalty, retail brands need to find ways to ensure a customer’s shopping experience fits seamlessly into the rest of their daily routine. From flexible delivery options to interactive and customized experiences, below are tips from No1 Packaging on how blended retail brands can best complement customer lifestyles.

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Checkout Target Market Shopping Customer Experience 81

IntelligenceNode

FEBRUARY 27, 2020

As you develop your online business, you’ll need to exploit a variety of strategies and tools to boost the growth of your eCommerce website. It’s all about expanding your scope and positioning your products and services before potential customers. Marketing campaigns can prove to be very beneficial, but have you also considered leveraging Price Comparison […].

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Marketing Retailing Pricing 75

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

Shopping

RETAIL MANAGEMENT SOFTWARE

FEBRUARY 10, 2020

Respondents who were interviewed lately on their spending forecasts were quite optimistic about their household incomes, buying power and the job market in general. They were planning to spend an average $196.31, a whopping 21% over previous record of $161.96. Showering close friends, co-workers and family with #Valentine gifts is expected to skyrocket to $27.4 billion, up 32% from last year’s record $20.7 billion.

Jewelry 52

Jewelry Point of Sale Specialty Store Inventory Management 52

Graff Retail

FEBRUARY 5, 2020

“It is no surprise that the human touch has been coined as a ‘luxury’ in customer service… As customer expectations continue to climb and tech support needs increase as connected devices proliferate, the live customer support agent’s role will only become more important to customer satisfaction.” – Renee Soulliard The digital revolution has shifted how […].

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Retail Eye

FEBRUARY 14, 2020

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

Retail Trends 52

Retail Trends 52

Wiser

FEBRUARY 4, 2020

In simple terms, the goal of any business is to make money. Buyer personas help achieve that goal. But what are buyer personas and how can you create better personas that make your business more money? Let’s find out. Buyer Persona Definition. Buyer personas are detailed representations of your ideal customers. Personas explore the who, what, where, when, and why of your target customers.

Marketing 120

Marketing Location Planning Management 120

Advertiser: ZoomInfo

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

Promotions

Retail Next

FEBRUARY 20, 2020

Few marketing tools – if any at all – have the power of connecting you with your customers the way live streaming does. They make your retail brand feel approachable and authentic, and that’s probably why they are such an outraging success. But live video is not just about humanizing your brand or appealing to younger audiences – It’s also about building trust in your brand and its products !

Promotions 59

Promotions Accounting Advertising Planning 59

Retail Technology Review

FEBRUARY 5, 2020

As we move into a new decade, technology is continuing to make big changes in the way eCommerce businesses engage with their customers. To keep up with the changing demands of consumers, Ciaran Bollard, CEO at Kooomo, the Enterprise Cloud Commerce Platform, has put together a list of the ten key eCommerce trends that online retailers should be aware of: .

Consumer 50

Consumer ATS 50

RETAIL MANAGEMENT SOFTWARE

FEBRUARY 10, 2020

Respondents who were interviewed lately on their spending forecasts were quite optimistic about their household incomes, buying power and the job market in general. They were planning to spend an average $196.31, a whopping 21% over previous record of $161.96. Showering close friends, co-workers and family with #Valentine gifts is expected to skyrocket to $27.4 billion, up 32% from last year’s record $20.7 billion.

Jewelry 52

Jewelry Specialty Store Point of Sale Inventory Management 52

Fashion Retail Tech

FEBRUARY 25, 2020

Hi! Here is a quick round-up of some news from around the industry over the last few weeks. Sources are in the hyperlinked text after the headlines. Brands + Retailers. Victoria’s Secret to go private at $1.1B valuation. The Wall Street Journal. As DTC brands move into wholesale, analytics platforms follow. Vogue. How brands are battling knock-offs on Amazon.

Wholesale 40

Wholesale Advertising Planning Marketing 40

Advertiser: FourKites

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.

Marketing

Store Growers

FEBRUARY 20, 2020

Back in 2013, I was really proud to become one of the first Google Partners in Belgium. When I got that badge, I plastered it everywhere I could: on my site, in presentations, bios and even in client proposals. The Badge. Not that potential clients ever bothered to ask about it. But I told them anyway: what the Google Partner program entailed, what requirements you had to meet, and how not everyone could qualify for it.

Accounting 54

Accounting Advertising Management ATS 54

Retail Next

FEBRUARY 19, 2020

Before the turn of the century, running a business wasn’t as complicated. Entrepreneurs focused mainly on being number-savvy and realizing which opportunities would benefit – or bankrupt – the brand. In the midst of this digital era, concepts and ideologies are changing faster than businesses can adapt to them. With almost all companies integrating the online world, physical distances no longer matter, and this has dramatically intensified competition in all industries.

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Management Marketing Shipping Shopping 59

Retail Next

FEBRUARY 13, 2020

Retail business is getting increasingly competitive because it allows almost anyone to launch an online store within hours. Millions of digital retailers are already active on the Internet, but only a few top-performers know how to outpace competitors and grab a significant chunk of market share. At the same time, traditional retailers still keep the majority of market share and successfully deal with the challenges of the Internet era.

Inventory Management 59

Inventory Management Consumer Management Marketing 59

Retail Next

FEBRUARY 12, 2020

Retail is a tough business. We get it. With increased competition and increased shopper expectations, there’s no place to hide, and the business is certainly not for the faint of heart or those short on commitment. In this new era of shopper-led retail, retailers are forced to operate at peak efficiencies, optimizing the shopper experience by wisely investing a limited amount of resources – employees, time and money.

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Store Operations ATS 59

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.

ATS

Retail Next

FEBRUARY 11, 2020

The retail industry has had to change rapidly in response to transforming customer needs. Shoppers want their orders the next day, with free shipping whenever possible. They want new, convenient ways to receive packages that fit in with their busy schedules. Though some companies have struggled to keep up, others are adapting and revolutionizing the way modern retail operates.

Shipping 59

Shipping Drop-Shipping Payment Services Supply Chain Management 59

Retail Next

FEBRUARY 28, 2020

In today’s retail world, the in-store experience is more responsive and adaptable than it’s ever been before. A combination of advancing technology, the need to compete with online shopping, and modernized strategies has led to fundamental changes in stores of all kinds. To cover this idea in more detail, this article identifies five specific ways in which the in-store experience is shaping retail in 2020. 1.

Payment Services 52

Payment Services Customer Experience Point of Sale Shopping 52

Retail Next

FEBRUARY 26, 2020

Every retail company needs a website. It’s no question younger generations prefer to shop online than going into a store if they can. These same customers also prefer to use email for marketing communications. As old as it is, email is still the best way to communicate with customers in a professional way. Social media is the cool teen on the marketing block, but email is far more effective and cheaper.

Marketing 52

Marketing Advertising Shipping Returns 52

Retail Next

FEBRUARY 25, 2020

As a retail store owner or manager, one skill you need to develop is closing a sale. After all, making sales is the whole point of your retail business. Without sales, your business would not thrive. Even when you have the best products at the most competitive prices, if you do not have the ability to convince the shopper to buy, your products will remain on shelves – collecting dust.

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Suggestive Selling Payment Services Marketing Management 52

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Understanding the intricate world of Point-of-Sale (POS) technology is a common challenge for tech buyers. When it comes to defining the functions of Point-of-Sale systems, the communications have yet to be standardized–—until now. Forrester’s new report, Demystifying The Technical Functions of POS Solutions, breaks through the noise and provides business leaders with the information and tools they need to evaluate the features of POS systems.

Point of Sale