“Retail slowdown” is a plague that has affected many big-name companies. But when it comes to the survivors, there’s one overarching theme that connects them: Effectively enabling rapid AI adoption and moving to data-first modes of operation. When inspecting their formulas for success, it’s not a stretch to predict that a trend in 2020 will […]
As 2019 slowly winds to a close, the time is ripe to retrospectively analyze a fairly tumultuous year in retail. In this industry defined by rapid growth and evolution, keeping a finger on the pulse is simply necessary. So – let’s look back to assess rising industry trends and better prepare for both the long-term […]
A weekly recap of product pricing, sales & promotions, and stock movements captured in real-time from 15 major e-commerce websites in the US during the 2019 holiday season. ‘Tis almost that time of the year. Online retailers will be tending to last-minute shoppers hunting for next-day shipping. This is where smart AI-powered dynamic assortments can […]
A weekly recap of product pricing, sales & promotions, and stock movements captured in real-time from 15 major e-commerce websites in the US during the 2019 holiday season. This month, the NRF reported that more US consumers shopped over the five days between Thanksgiving Day and Cyber Monday this year. According to their Thanksgiving report, […]
A weekly recap of product pricing, sales & promotions, and stock movements captured in real-time from 15 major e-commerce websites in the US during the 2019 holiday season. For decades, Black Friday was the ultimate deal-hunting opportunity for many. Now consumers get a chance to divide their shopping lists into two: great bargains on Black […]
Price optimization is one of the key factors in every business operation as it can raise prices whilst improving sales volumes at the same time. Savvy pricing managers will implement it and focus on building their business to cater to the most profitable customer. However, that sounds easier in theory than it is in practice […]
A weekly recap of product pricing, sales & promotions, and stock movements captured in real-time from 15 major e-commerce websites in the US during the 2019 holiday season. The holiday retails sales will be upon us very soon, kicking off what is possibly the most critical period in the retail sales calendar. With some retailers […]
A weekly recap of product pricing, sales & promotions, and stock movements captured in real-time from 15 major e-commerce websites in the US during the 2019 holiday season. The holiday retails sales will be upon us very soon, kicking off what is possibly the most critical period in the retail sales calendar. As retailers gear […]
With the era of online shopping came the concept of dynamic pricing. This is a natural turn of events that might not be working as well as expected. Dynamic pricing is a strategy based on which retailers change the price of the product based on supply and demand.
Today’s retail landscape is becoming an increasingly complicated and competitive battlefield. In practically every retail sector, brands are struggling to keep up with the numerous evolving factors. Take, for instance, the struggle of capturing attention. How does a retail brand go about engaging an audience base that is constantly exposed to an overload of content? […]
The current state of global retail is teetering on a cliff. Between the U.S. – China trade war, progressively stumbling sales figures, and the looming threat of recession, retailers everywhere are finding themselves in a dangerously precarious position. As such, it’s worth coming to terms with an increasingly apparent fact: technology-based data-driven pricing intelligence can […]
