article thumbnail

How Amazon plans to disrupt the grocery sector by merging choice and convenience

Inside Retail

However, at last week’s Delivering the Future event in Nashville, Tennessee, the retail giant announced major plans to combine choice and convenience for its customers. This is how Amazon plans to deliver choice and convenience to consumers without compromising on speed or value.

article thumbnail

Almost half of marketers failing to personalise loyalty schemes and promotions

Retail Focus

Far too many brands are still failing to implement a personalised loyalty program when it comes to promotions and loyalty – stuck in a vicious circle of blanket discounting, poor data, and squeezed margins, at a time when profitability is under scrutiny.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Australian Pharmacy Pilots Wearable Inventory and Task-Tracker Solution

Retail TouchPoints

The solution also can improve demand planning by identifying when items are depleted as well as when promotions end, allowing suppliers to better plan availability and product deliveries.

article thumbnail

Four key pricing strategies to optimise trade plans

Inside Retail

Use econometric modelling to determine both base (shelf price) and promotional elasticities, which together help identify the price management strategy that best suits each item in your portfolio. Hi-Lo Promoters are highly responsive to promotions, but not to base price changes. Competitor price and promotional activity.

article thumbnail

New Kohl’s CEO Lays Out Turnaround Strategy Following Disappointing Q4

Retail TouchPoints

In his first earnings cycle at the helm , Kohls new CEO Ashley Buchanan laid out his plan to turn around the embattled company, which has struggled for years to return to a position of strength while fending off activist investors. Adjustments to the companys selection of national brands and promotional strategy also are underway.

article thumbnail

How Marketers Can Use the Holidays to Set a Foundation for Long-Term Loyalty

Retail TouchPoints

Amazon’s summer Prime Day sales event now serves to kickstart many retailers’ summertime sales and back-to-school marketing efforts, and is generally pivoting marketers’ planning calendars. How will this ultimately impact marketers’ planning calendars, now that we’re past Halloween? How can brands make this a reality?

article thumbnail

5 Simple Steps to Create a High-Impact Brand Sweepstakes

Retail TouchPoints

By offering participants a chance to win a fun prize through this type of consumer promotion, you can create excitement for your brand, attract new customers and keep existing consumers coming back for more. But to plan a successful sweepstakes, youll need more than just an enticing prize. Choose how you will promote the sweepstakes.