Price Intelligence Posted on Dec 26, 2019 Lessons on Retail Intelligence & Price Optimization for 2020 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…
Retail Trends Posted on Dec 5, 2019 2019 Holiday Sales In 4 Quicks Stats- The Black Friday & Cyber Monday Weekend A weekly recap of product pricing, sales & promotions, and stock movements captured in real-time from 15 major eCommerce websites in the US during the 2019 holiday season. For decades,…
Pricing Strategy Posted on Nov 28, 2019 How Your Pricing Policy Affects Your Sales 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…
Pricing Strategy Posted on Nov 14, 2019 How Dynamic Pricing is Disrupting Online Retail What is Dynamic Pricing? Dynamic pricing strategy is a flexible pricing method where prices of certain products or services are changed daily or multiple times a day based on competitor…
Ecommerce Strategy Posted on Nov 14, 2019 Winning the Retail Brand War: Growth in 2023 The retail landscape today is a highly complex and competitive battlefield. In practically every sector, businesses are struggling to tackle challenges related to standing out from the competition and winning…
Retail Trends Posted on Oct 31, 2019 Retail Budgeting: 3 Key Capabilities to Build During Economic Uncertainty 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…
Assortment Planning Posted on Oct 31, 2019 Why Visual Merchandising Matters More Than Ever BOOM! That’s how immediate the impact of visual merchandising is on retail shoppers – and why compelling visuals are a strategic asset in omnichannel retail. Visual merchandising presents a retailer’s…
Pricing Strategy Posted on Oct 17, 2019 How to Use the Price Quality Matrix to Optimize Your Product Pricing Agile product pricing strategies is one of the biggest questions retailers face for a reason. The relationship between an item’s price and its quality — and perceived value to consumers — is…