Retail TouchPoints

AUGUST 17, 2021

Over the last year or so we’ve seen retailers and ecommerce sellers adopting AI tools at a frenetic pace. From backend inventory optimization to identifying salesfloor hotspots to highly targeted marketing programs, we’re seeing an influx of great retailing practices, all being driven by AI.

Checkout 306

Checkout Payment Services Customer Experience Inventory Management 306

Inside Retail

JANUARY 18, 2024

Arguably, value might be the largest motivator behind secondhand purchases because when you’re shopping secondhand, you’re able to purchase a piece for a fraction of the original retail price. The focus at the moment is Australia because the customer base is here and they’re asking for it.

Fashion 244

Fashion Target Market Shopping Location 244

Small Biz Trends

NOVEMBER 7, 2022

When pricing handmade products, there are a few different structures and terms that may impact your decisions. From retail price to wholesale price, here are the top terms to know as you price your handmade products. Retail Price. Selling Price. The Profitable Pricing Formula.

Wholesale 128

Wholesale Retailing Pricing Shipping Accounting 128

Retail Bound

JUNE 21, 2024

Develop a comprehensive brand image: Your clothing line must have a well-crafted logo, a consistent and identifiable color palette, a unique name, and a design style that resonates with your potential customers or target market. 4 Basic Steps in Taking Your Clothing Brand in Retail Stores 1. Who is your target market?

Payment Services 98

Payment Services Target Market Wholesale Marketing 98

Retail Gazette

DECEMBER 27, 2024

When making the announcement to staff about job cuts, Nike chief executive John Donahoe – who replaced its much-lauded boss Mark Parker in 2022 – admitted: We are not currently performing at our best, and I ultimately hold myself and my leadership team accountable.” The CEO went on to say that shoppers quickly get bored.

Wholesale 59

Wholesale Consumer Fashion Marketing 59

Wiser

AUGUST 17, 2018

According to behavioral economics researcher Dan Ariely , shoppers generally overvalue the benefits of “free” even when compared to higher-quality items at a discounted price. We see this happening in the retail industry all the time. Social media is growing and retailers cannot afford to ignore it.

Advertising 112

Advertising Promotions Visual Merchandising Store Layout 112

Retail Bound

FEBRUARY 20, 2024

By knowing your costs, you can calculate a minimum price that will allow you to break even and make a profit. Understand Your Target Market Knowing your target market is essential in pricing your product successfully. These include cost-plus pricing, value-based pricing, and competitor-based pricing.

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Target Market Accounting Marketing Wholesale 52