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How to Build a Highly Profitable Product Assortment Strategy (2021)

Retalon

Deep assortments can appeal to a smaller, more passionate customer base that spends more and returns regularly. The assortments at urban flagships, suburban outlets, and airport kiosks will reflect the company’s brand but the breadth and depth of the assortments will be different. But you won’t find croc-leather dress shoes here.

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

Retalon

Plus, going into a retail store significantly reduces the potential for returns and increases upsell opportunities. This could involve physical and online outlets, as well as kiosks, mobile apps, social media, and 3rd-party marketplaces. – Promotions, event and markdowns. – Consumer preference. touching products).

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

Retalon

Plus, going into a retail store significantly reduces the potential for returns and increases upsell opportunities. This could involve physical and online outlets, as well as kiosks, mobile apps, social media, and 3rd-party marketplaces. – Promotions, event and markdowns. – Consumer preference. touching products).

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Predictive Analytics Brings Retailers Closer To Omni-Channel Customers

Retalon

Opening new stores can be expensive and risky, which is why many retailers have began connecting with their customers through Facebook, mobile apps, e-commerce stores, and pop-up/kiosk locations. Buy in-store, return to another store (46%).

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How Predictive Analytics Are Transforming Omni-Channel Retail

Retalon

It used to be catalogs, telephone, stores, and kiosks, and now it has evolved into e-commerce and mobile as well, but this is not what makes omni-channel retailing a unique shift. The marketing and loyalty department provide consumer/promotion data, the POS system provides sales/returns data. Super bowl in your city)?

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How Predictive Analytics Are Transforming Omni-Channel Retail

Retalon

It used to be catalogs, telephone, stores, and kiosks, and now it has evolved into e-commerce and mobile as well, but this is not what makes omni-channel retailing a unique shift. The marketing and loyalty department provide consumer/promotion data, the POS system provides sales/returns data. Super bowl in your city)?