article thumbnail

How Data and Tech Power Jewelry Brand Pandora’s Mission to ‘Give a Voice to People’s Loves’

Retail TouchPoints

Source: Pandora) Best known for its charm jewelry, the “affordable luxury” brand sells more than 100 million pieces every year, making it the largest jewelry brand in the world by volume. Central to this effort will be transitioning to SAP’s Enterprise Resource Planning (ERP) system, an endeavor that won’t be completed until 2026.

Jewelry 275
article thumbnail

2020 VALENTINE ECONOMICS AND GROWTH PERSPECTIVE FOR JEWELERS LOOK LIKE A DIAMOND IN THE SKY

RETAIL MANAGEMENT SOFTWARE

They were planning to spend an average $196.31, a whopping 21% over previous record of $161.96. billion on jewelry related products, $4.3 A gility, connectivity and scalability are key to ChainDrive Jewelry Software retailers who rely on smart order management system to improve their operations and bottom-lines.

Jewelry 52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

2020 VALENTINE ECONOMICS AND GROWTH PERSPECTIVE FOR JEWELERS LOOK LIKE A DIAMOND IN THE SKY

RETAIL MANAGEMENT SOFTWARE

They were planning to spend an average $196.31, a whopping 21% over previous record of $161.96. billion on jewelry related products, $4.3 A gility, connectivity and scalability are key to ChainDrive Jewelry Software retailers who rely on smart order management system to improve their operations and bottom-lines.

Jewelry 52
article thumbnail

#RSP22: Everything You Need to Know About Holiday 2022

Retail TouchPoints

The Retail TouchPoints 2022 Retail Strategy & Planning (#RSP22) webinar series, now available on-demand, offered a wealth of tips and best practices across critical areas including pricing, location-based technology, inventory management and marketplaces.

article thumbnail

2020 VALENTINE ECONOMICS AND GROWTH PERSPECTIVE FOR JEWELERS LOOK LIKE A DIAMOND IN THE SKY

RETAIL MANAGEMENT SOFTWARE

They were planning to spend an average $196.31, a whopping 21% over previous record of $161.96. billion on jewelry related products, $4.3 A gility, connectivity and scalability are key to ChainDrive Jewelry Software retailers who rely on smart order management system to improve their operations and bottom-lines.

Jewelry 40
article thumbnail

A Beginner’s Guide to Selling on Amazon

Independent Retailer

Two different selling plans are offered, called Individual and Professional, and they are based on how many products you sell. The Individual plan costs $0.99 per sale, while sellers using the Professional plan pay $39.99 On top of these plan fees, you will also pay referral fees, which are a percentage of the selling price.

article thumbnail

What is Inventory Turnover in Retail? (Formulas, Benchmarks, Examples)

Retalon

A higher turnover ratio means inventory is sold more times throughout the year. This indicates strong sales and effective inventory management practices. A lower turnover ratio means inventory sits on shelves longer before being sold. For retailers, inventory turnover is a critical efficiency and profitability metric.