Remove Finance Remove Markdowns Remove Marketing Remove Promotions
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AI and Retail Promotions: How to Hit Your Promotional Goals

Retalon

Promotion planning is a constant balancing act. You have many types of promotions to choose from, each with its own effects on consumer behaviour and the resulting outcome. These promotions must also fit within your overall promotional strategy which supports your company’s business goals.

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Retail Sales Promotion Goals, Examples, and How AI is Optimizing Them.

Retalon

Retail Sales Promotion Goals, Examples, and How AI is Optimizing Them. Promotion planning is a constant balancing act. You have many types of promotions to choose from, each with its own effects on consumer behaviour and the resulting outcome. Percent discounts work best when you promote lower-priced products.

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7 Price Planning Tips to Maximize Retail Profits (2020)

Retalon

Optimize Prices for Each PLC Stage Product Introduction (Initial Pricing) In-Season Promotions End of Product Life Cycle What does this mean for price planning? Depending on your brand messaging and your target market, your approach to pricing can be enormously different. Are you positioned as a luxury brand?

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Press Release: enVista brings Retalon’s AI to their Unified Commerce Solutions.

Retalon

Together, we are providing the market with robust business insights and the ability to rapidly and profitably improve fulfillment execution. Retalon is an award-winning provider of retail AI and predictive analytics solutions for planning, merchandising, inventory optimization, pricing, promotions and markdowns. About Retalon:

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

Retalon

– Ease and efficiency of taking products to market. From there, you can start to examine competitive pricing and promotions, forecast demand with fulfillment in mind, as well as brand building through social efforts that engage your audience. – Promotions, event and markdowns. . – Consumer preference.

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

Retalon

– Ease and efficiency of taking products to market. From there, you can start to examine competitive pricing and promotions, forecast demand with fulfillment in mind, as well as brand building through social efforts that engage your audience. – Promotions, event and markdowns. . – Consumer preference.

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5 Vital Considerations for Big Data Analytics in Retail

Retalon

Prices (markdowns, promotions, competitor prices, etc.). How will a promotion during a seasonal peak affect the uplift in demand? Because retailers can’t afford to lose money because inventory purchases didn’t account for future promotions, business leaders imposed processes to keep everyone on the same page. The result?