Retail TouchPoints

JANUARY 25, 2022

Let’s dive into some small ideas that can help tackle big goals: 1) Think Big: Increase customer engagement with more interactive marketing. 4) Think Big: Improve supply chain and inventory management. Act small: Add a feature to your website allowing customers to search inventory availability in local store locations.

Management 264

Management Marketing Customer Experience Inventory Management 264

Retail Smart Guys

NOVEMBER 3, 2023

Timing is Everything: When to Begin Inventory Planning Inventory planning is the backbone of successful retail operations. While the specifics of inventory planning can vary from one retailer to another, one thing remains constant – timing is everything. These can affect product costs and availability.

Planning 52

Planning Inventory Management Promotions Shipping 52

Retail TouchPoints

MARCH 15, 2024

Publications about marketing often invoke the comparison of a digital shelf with a physical one. Many companies can track their own digital shelf data, allowing them to align products across platforms, perform A/B testing and improve inventory management. This comparison, however, has its limits.

Inventory Management 263

Inventory Management Telecommunications Location Marketing 263

Retail Smart Guys

DECEMBER 6, 2023

In the ever-evolving world of retail, one thing remains constant – the power of promotions to captivate shoppers and boost sales. Whether it’s the allure of clearance sales, the excitement of flash sales, or the intrigue of buy-one-get-one deals, retail promotions are an essential tool in any retailer’s arsenal.

Promotions 52

Promotions Inventory Management Returns Marketing 52

Retail TouchPoints

JANUARY 6, 2023

Much of the pressure has come from inflation outpacing wage growth, and if that trend reverses (and the pace of inflation is already receding while the job market remains strong), shoppers may feel enough relief to increase their spending, whether by paying down debt or increasing consumption. Retailers Must Show Economic Empathy.

Payment Services 357

Payment Services Promotions Consumer Inventory Management 357

Retail TouchPoints

OCTOBER 6, 2023

Accurate demand forecasting is the bedrock of efficient inventory management — a vital logistics function that should be operating at peak performance levels during the holiday shopping season when consumers expect the inventory they want to be available. 2: Order cycle time.

Fulfillment 309

Fulfillment Returns Shipping Promotions 309

Retail TouchPoints

NOVEMBER 17, 2023

In manufacturing, product substitution can be a valuable tool for optimizing inventory management. Market conditions are dynamic, and consumer preferences change — retailers and manufacturers need to adapt to these factors quickly. Saxena’s previous product experience is in building retail planning solutions at Blue Yonder.

Customer Experience 264

Customer Experience Inventory Management Fulfillment Inventory Turnover 264

Inside Retail

AUGUST 11, 2023

Global Fashion Group (GFG) continued to be affected by challenging market conditions in the second quarter, as reflected in a drop in net merchandise value for all markets. points to 42 per cent, driven by higher levels of promotional activity. Overall, the German-headquartered company recorded a net merchandise value of $583.5

Fashion 130

Fashion Inventory Management Promotions Marketing 130

Retail Focus

AUGUST 8, 2023

Order Fulfillment When outsourcing, retailers can benefit from streamlined inventory management, order processing, and shipping. Digital Marketing and SEO To thrive in a competitive retail landscape, your business needs a strong online presence.

Loss Prevention 130

Loss Prevention Inventory Management Inventory Turnover Shrinkage 130

Retail Smart Guys

SEPTEMBER 20, 2023

By creating a structured maintenance checklist, you can ensure that every aspect of your store is well-maintained, promoting a positive shopping experience and maximizing profitability. Plan for repairs or repaint as necessary. Consider outsourcing to a reliable inventory planner or manager.

Inventory Management 105

Inventory Management Promotions Management Planning 105

Inside Retail

FEBRUARY 26, 2024

There was good news in January when the Consumer Price Index slowed to the lowest rate in two years; however, experts recognise that the most volatile factors, such as rental rates and energy markets, remain the biggest drivers. Set benchmarks for inventory management, including the rate of inventory turnover and tracking and fill rate.

Inventory Turnover 147

Inventory Turnover Supply Chain Management Customer Retention Inventory Management 147

Retail TouchPoints

MAY 30, 2023

In 2022, a National Retail Federation/Prosper Insights and Analytics survey indicated that 56% of consumers had started their BTS shopping by early July, with 81% planning to shop sales the week of July 11. A more extended BTS season also means retailers will need to shift to more cadenced marketing tactics.

Shopping 288

Shopping Consumer Planning Inventory Management 288

Retail TouchPoints

OCTOBER 6, 2022

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.

Merchant Services 285

Merchant Services Payment Services Promotions Location 285

RETAIL MANAGEMENT SOFTWARE

MARCH 26, 2024

With strategic planning and a keen understanding of retail sales seasonality trends, retailers can leverage the energy of springtime to attract customers and boost sales. Offer Spring-Themed Promotions: Entice customers with special promotions and discounts tailored to the spring season.

Promotions 77

Promotions Outdoor Inventory Management Management 77

Retail TouchPoints

MAY 9, 2023

retailers plan to use technology and automation for their critical behind-the-scenes work, like inventory, orders, payroll and invoicing — as well as for more customer-focused needs like communications, marketing, loyalty and checkout. Creating a seamless inventory management journey. What’s Next?

Payment Services 288

Payment Services Inventory Management Marketing Checkout 288

I Vend

OCTOBER 10, 2023

Read more The next best thing, however, for planning business growth, is research-based predictions, and last month, Retail Info Systems (RIS) brought retailers just that, in the form of their fourth annual guide to the peak selling season. * iVend helps retailers iVend helps retailers make the most of the holiday season.

Checkout 98

Checkout Inventory Management Payment Services Returns 98

Inside Retail

FEBRUARY 23, 2023

He believes that Singapore is an important market for the brand, both globally and as a regional hub for the East Asia Pacific commercial cluster, thanks to its political stability and sound monetary and fiscal policies. This market has long been key to the Levi’s East Asia Pacific expansion plans.

Inventory Management 246

Inventory Management Apparel Management Consumer 246

Bindo

APRIL 13, 2017

Why Is Inventory Management Important. Inventory management remains the cornerstone of successful retail. Experienced retailers understand the importance of metrics taken from inventory management. Inventory management helps take the guesswork out and place retail products in the store correctly.

Inventory Management 40

Inventory Management Management Location Promotions 40

I Vend

OCTOBER 16, 2023

As discretionary spend decreases in inverse proportion to cost of living increases, and consumers think more carefully about where they spend, retailers have to get really smart about strategies to win and retain their share of the market. iVend helps retailers iVend helps retailers to capture and analyse customer data.

Checkout 98

Checkout Inventory Management Payment Services Returns 98

I Vend

AUGUST 6, 2023

Reporting has always been important in retail – understanding sales tracking figures, inventory levels and the impact of marketing for example. Customer data tracking – understanding customer behaviour is the first step to creating personalised loyalty and marketing campaigns.

Point of Sale 81

Point of Sale Inventory Management Shrinkage Promotions 81

Retail TouchPoints

OCTOBER 22, 2021

The process of building an online store goes beyond just understanding the market you are about to enter. There are also distinct services for accounting, inventory management, email and marketing automation, analytics and so on. Always be working on digital marketing. Buy premium web hosting.

Payment Services 264

Payment Services Inventory Management Promotions Checkout 264

Wiser

JULY 31, 2023

In addition, seasonal or promotional items that are not set up in time can result in lost sales and excess inventory that may need to be marked down, affecting your bottom line. 1: Regular Audits Conducting regular in-store audits allows brands to physically verify that stores are adhering to the planned layouts.

Store Layout 145

Store Layout Promotions Customer Experience Inventory Management 145

Retail TouchPoints

JULY 18, 2023

As part of the new multiyear agreement — which builds upon a partnership that started in 2016 — Academy will use the Revionics Base Price and Markdown solutions to not only optimize its pricing strategy but better manage inventory levels throughout the product lifecycle.

Outdoor 222

Outdoor Markdowns Apparel Fulfillment 222

Retail TouchPoints

JANUARY 13, 2023

What’s more, merchandising rules enable ecommerce sites to rank how items appear in a gallery, banner or carousel, to promote and demote products and, in turn, improve your business metrics. At least 49% of consumers have purchased a product they didn’t plan to after receiving a personalized product recommendation.

Returns 289

Returns Consumer Inventory Management Customer Experience 289

Wiser

DECEMBER 18, 2023

Market trends shift rapidly, consumer behavior fluctuates, and competition intensifies. In the online world, it’s not about physical space, but rather visibility on search results, category pages, and promotional spaces. However, the dynamic nature of eCommerce platforms presents retailers with various challenges.

Promotions 139

Promotions Management Inventory Management Marketing 139

Retail TouchPoints

JULY 14, 2021

“If both parties began looking at a variety of data sets, but through the same lens, there would be much more strategic alignment and much less of a disconnect visible in inventory management,” noted Melissa Minkow, Retail Industry Lead at CI&T in an interview with Retail TouchPoints.

Inventory Management 264

Inventory Management Grocer Consumer Planning 264

Retail TouchPoints

JULY 14, 2023

The AI boom shows no sign of slowing down, with a global market value projected to grow to more than $500 billion this year. By using customer data and market trends to optimize product assortment decisions, generative AI can also help businesses identify the most profitable products and adjust inventory levels for better management.

Fulfillment 242

Fulfillment Dead-Stock Customer Experience Inventory Management 242

CJ Retail Solutions

DECEMBER 11, 2023

Incorporating digital signage for promotions 6.2 Integrating point-of-sale and inventory management systems Customer Comfort and Convenience 7.1 Planning for periodic updates to keep the store current 10.3 Incorporating digital signage for promotions 6.2 Planning for periodic updates to keep the store current 10.3

Inventory Management 52

Inventory Management Point of Sale Store Layout Customer Experience 52

Small Biz Trends

OCTOBER 28, 2022

Whether you need to track inventory, manage your Etsy account orders, or create marketing materials, we’ve got you covered. Etsy Seller apps are a collection of tools that allow sellers to manage their Etsy business. Benefits of Using an Etsy Seller App to Manage Etsy Shops. Do marketing tasks.

Inventory Management 126

Inventory Management Management Shopping Marketing 126

Retail Minded

OCTOBER 2, 2023

Effectively managing a retail supply chain is essential for meeting customer demands and maintaining a competitive edge in the market. UPS utilizes route optimization software to plan the most efficient delivery routes, reducing fuel consumption and delivery times.

Supply Chain Management 52

Supply Chain Management Management Inventory Management Outdoor 52

Rain Pros

APRIL 3, 2024

As an entrepreneur with a company that experiences seasonal cash flow, planning ahead for off-season slumps is crucial to managing your operating costs and building a sustainable business. During these periods, people buy holiday gifts like toys and gadgets, plan fun activities, and explore winter deals.

Planning 52

Planning Promotions Management Marketing 52

Star Miconics

MARCH 1, 2023

Ascent Solutions is an exciting enterprise resource planning (ERP) software offering features to help businesses manage their inventory and sales processes. What’s impressive is that Ascent Solutions’ inventory management system is powered by Salesforce , a leading customer relationship management (CRM) platform.

Payment Services 52

Payment Services Inventory Management Point of Sale Fulfillment 52

Retail Smart Guys

MAY 1, 2023

Inventory Management: Keeping track of inventory levels, managing orders, and processing returns can be time-consuming and requires much attention to detail. Marketing and advertising: Retailers must market their brands to draw in new clients and keep hold of current ones.

Inventory Management 52

Inventory Management Point of Sale Finance Returns 52

Retail Bound

JUNE 27, 2023

Step 2: Marketing Strategy The second crucial element you will want to present involves your current marketing strategy and how you have currently obtained sales or plan to. Your marketing and advertising strategy should communicate this USP effectively across various channels suitable for your audience.

Fulfillment 52

Fulfillment Target Market Payment Services Promotions 52

Wiser

MARCH 7, 2024

The speakers shared their frontline experiences and the strategic pivots they made to keep pace with the rapidly changing consumer expectations and market dynamics. The pandemic period underscored unusual pricing challenges, making traditional market elasticities less relevant and prioritizing product availability over price adjustments.

Customer Experience 78

Customer Experience Inventory Management Promotions Management 78

I Vend

FEBRUARY 9, 2024

Customers get the offers and products that they want, and the retailer increases their marketing ROI, sales and profits. Artificial Intelligence (AI) – AI in retail is rapidly growing, with the global market expected to increase from $4.84 Process automation – such as inventory management , tracking stock levels and re-ordering.

Payment Services 52

Payment Services Inventory Management Checkout Point of Sale 52

Wiser

AUGUST 28, 2023

With an optimized retail assortment strategy, focusing on factors such as understanding customer preferences, analyzing market trends, and optimizing inventory management, you can significantly enhance your retail operations and drive business success. What age group are they in?

Target Market 146

Target Market Fast Fashion Marketing Inventory Management 146