Retail TouchPoints
OCTOBER 14, 2022
Established retailers exploring how a marketplace model would best fit into their business strategy have a common question — what’s the difference between dropship and marketplace fulfillment that utilizes third-party sellers, and how can it benefit their business? The answer is, quite a lot.
Retail TouchPoints
JANUARY 12, 2023
Formulate your strategy after researching which platform options you want to leverage, what your competitors are doing on the channel, determine your optimal price point and how you plan to fulfill orders. Manufacturer’s Suggested Retail Pricing (MSRP) and Minimum Advertised Pricing (MAP) aren’t enforced by Amazon.
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Retail TouchPoints
DECEMBER 12, 2023
In this kind of shopping environment, how should retailers align their promotions and markdowns for the greatest impact? Keeping in mind as well the need to optimize their supply chain fulfillment to meet consumer delivery expectations while managing parcel carrier costs?
Wiser
FEBRUARY 29, 2024
The escalating logistics costs are prompting retailers to seek increased profit margins, creating a ripple effect on pricing strategies and consumer affordability. Retail staff are grappling with managing various store sections and transitioning to fulfilling online orders, resulting in reduced in-store efficiency.
Retail Focus
SEPTEMBER 7, 2021
Reorganisation of workforces including adapting shift patterns, introducing training plans to promote upskilling, and recruiting ahead of demand curves can all create opportunity to quickly address labour shortages. The second level of contingency planning involves personnel resourcing strategies. 3) Scale up scenario planning.
Retail Bound
JULY 5, 2021
Gone are the days when you launch a campaign and it goes viral with little promotional effort. Make sure you have a few tiers of rewards, giving the lowest price to the early backers and saving a higher price-point (although reasonable and still a discount to what your retail price will be) for those who back your campaign later on.
Retalon
NOVEMBER 20, 2020
So, what exactly is price optimization and why is it so impactful to retailers? This article will give you a distinct understanding of pricing optimization, the challenges and constraints involved in optimizing retail prices, and the price optimization strategies that leading retailers are employing today to stay ahead.
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