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How smart new technologies are improving sales and reducing costs for retailers

Inside Retail

These technologies are helping retailers achieve efficiencies in operational functions including staff deployment and management, customer service, shrinkage reduction and lifecycle pricing. This is particularly helpful for someone bringing a new product to market, where there is no sales history.”

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Everything You Need to Know About Keystone Pricing

Wiser

Doubling the wholesale cost allowed retailers to take into account fixed and variable costs, such as coupons, theft, returns, and other common margin-eaters while still turning a profit. We often see this strategy used in luxury markets or when a product is highly differentiated from its competitive offerings.