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Warrick Lambert Takes the Helm at Genie Shopping Amid Growth Surge

365 Retail

Genie Shopping, a leading UK retail price comparison engine , has appointed performance marketing expert Warrick Lambert as its first-ever Chief Executive Officer. This innovative technology optimizes retailer adverts to appear prominently in shopping search results. .”

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Recharge Your Digital Pricing Strategies with Data Science

Retail Focus

As other sectors, including travel and hospitality, experienced online commerce surges, the retail market shifted at a more leisurely pace. Pricing science continues to innovate, evolve and advance. . In addition, data science itself continues to advance as a field.

Markdowns 200
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How Korea’s big 3 department stores are killing it right now

Inside Retail

As evidence for the potential of prices to rise further, the Producer Price Index for apparel (a proxy for wholesale prices) was up 7.3 per cent in March, an indication that retail prices may follow soon. The big winners over the past three years are e-commerce retailers, whose sales are up a whopping 51.6

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How to Price Your Product for a Successful Retail Launch

Retail Bound

Launching a new product in retail can be an exciting but nerve-wracking experience. You have put in countless hours of hard work and dedication to create something unique and valuable, and now it’s time to introduce it to the market. One crucial aspect that can make or break your product launch is pricing. Happy selling!

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UK retail sales prove resurgent in June with 4.9% rise

365 Retail

The RPI tells the full picture of inflation for UK consumers The UK’s Retail Price Index (RPI) has been a major talking point in the last 12 months as inflation has taken hold fast in the UK economy. Are there fears that UK retailers may struggle to bring down prices?

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Is Price Matching the Right Strategy for You?

Wiser

Before we get into the specifics, it’s important that you know what price matching is, and what it’s used for. Price matching is when a retailer lowers a product’s price to match another competitor in the same market. This way, the retailer is more likely to make a sale right then and there.

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Category Managers. The kind of people the world needs more of.

Shopper Intelligence

Retailer vs Supplier. First, I could be talking here about where the world of the retailer and the supplier collide. The Retailer cares about winning market share through shopper footfall and basket spend – i.e. winning the total basket (see here some of the metrics that measure traffic driving ). Sales vs Marketing.