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Maximizing Sales with Effective Retail Shelving

CJ Retail Solutions

One common pricing strategy used on retail shelves is the use of psychological pricing techniques. For example, retailers may use pricing tactics such as charm pricing (e.g., pricing products at $9.99 instead of $10) or bundle pricing (e.g., What are the different types of retail shelving?

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Maximizing Sales with Effective Product Merchandising

CJ Retail Solutions

In addition, cross-merchandising can help retailers optimize their store layout and maximize space utilization. Retailers should carefully consider factors such as pricing psychology, competitive pricing analysis, and promotional pricing tactics to determine the most effective pricing strategy for their products.