It will be an understatement to state that the COVID-19 pandemic has created havoc. And the retail industry is getting hit especially hard. In North America, stores started closing this month and this trend is likely to continue as cities and states battle to contain the spread of the virus. So far Nike, Nordstrom, Sephora, […]
For staying ahead of your competition, pricing intelligence software is critical in today’s retail world. It involves monitoring, tracking and analyzing price trends to understand the market and make informed pricing decisions across various product categories efficiently. And since product prices change constantly, you too need to keep a check on your prices in relation […]
As you develop your online business, you’ll need to exploit a variety of strategies and tools to boost the growth of your eCommerce website. It’s all about expanding your scope and positioning your products and services before potential customers. Marketing campaigns can prove to be very beneficial, but have you also considered leveraging Price Comparison […]
No one ventures out into the sea without a chart and some intelligence about waypoints on the voyage. Yet many digital enterprises lack the tools and data to set prices that support their brand proposition in competition with agile global competitors and data-driven marketplaces like Amazon. Join Intelligence Node’s webinar to learn about Forrester’s latest […]
As retailers, brands, or eCommerce business owners, you have to keep an eye on your competition. And one of the most important aspects you need to look out for is ‘price monitoring’. Customers today have easy access not only to your products but also to your competitor’s products. In fact, according to a study, 87% […]
“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 […]
