Wiser
MARCH 17, 2020
There’s a reason why it’s hard to go shopping and come home with only one item. (Well, to be honest, there are likely a few reasons for that). The one we’re focusing on here is charm pricing. Charm pricing is a common strategy to get consumers to buy a product—or multiple products—with certain prices. Charm Pricing Definition. So then, what is charm pricing?
IntelligenceNode
MARCH 24, 2020
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, […]. The post Retailers’ Guide To Facing The COVID-19 Disruption appeared first on Blog.
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Merchant Marverk
MARCH 20, 2020
In the time of the novel coronavirus outbreak, hairstylists, makeup artists, nail technicians, and salons in general are all in a really, really tough spot. Many state and city governments have mandated closures of these types of businesses. Some states that have ordered the closure of salon businesses include Minnesota, Ohio, Kentucky, and Nevada—and the list is sure to grow.
Store Growers
MARCH 9, 2020
For many ecommerce businesses, Google Ads is one of the main marketing channels. In some research studies , Google Ads accounts for as much as 18% of all ecommerce revenue. So if you’ve decided to start with Google Ads, or want to get better results from it, this guide is for you. Because Google Ads is a pretty big platform with tons of different options to choose from, it’s not always clear which of these features are relevant for you.
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Generative AI is poised to redefine B2B, but scaling AI success in this space isn’t without obstacles. From fragmented data sources and complex buyer journeys to operational inefficiencies, the road to AI-powered growth can be challenging. To achieve a competitive edge, understanding your organization’s AI-readiness is essential. Orium's Data & AI Maturity Model provides a quick, actionable way to assess your starting point.
Retail Next
MARCH 18, 2020
It’s often said ‘there’s never a dull moment in retail,’ and perhaps the saying has never rung more true than now. Ordinarily, in North America, March is about as dull as it gets in retail – after the holidays and Valentine’s Day, before Mother’s Day and ‘Dads & Grads.’ . Not this year. The coronavirus (COVID-19) pandemic has produced a truly extraordinary time.
Shopperations
MARCH 29, 2020
Roger Jackson discusses his 10 years of experience in CPG roles at companies such as Unilever and Kraft, and how they inspired him to create Shopper Intelligence, the largest international program of systematic shopper insights today.
Experience Retail Today brings together the best content for retail owners from the widest variety of industry thought leaders.
IntelligenceNode
MARCH 19, 2020
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 […].
Merchant Marverk
MARCH 19, 2020
Even though their existence is still relatively new, the chances are good that you, as a consumer, have already used a third-party delivery service at some point. Whether you’re quarantined during a global pandemic, a busy parent needing a fast meal sent right to your door or, like me, a parent who’s not so busy but occasionally wants to combine his two favorite things, eating Panda Express and not moving from my couch, these companies can be lifesavers.
CJ Retail Solutions
MARCH 25, 2020
In usual times, an increase in demand would almost certainly be at the top of the wish-list for any retailer. But these aren’t usual times, these are unprecedented. And these unprecedented times have sent the supermarkets, and the grocery industry as a whole, into a frenzy. Experts estimate that grocery retailers will see a sales lift of 30% in the next quarter – from 32% to 62% – as bars and restaurants are shut and consumers are urged to stay at home.
Retail Next
MARCH 13, 2020
Managing finances in your business should be seamless if you have some tips or guidelines to get you through the process. When you have total control, you can make critical decisions regarding your brand and company. It is also a roadmap to show whether your venture is on the right track or needs improvement. Here are essential strategies you should employ in your new retail company.
Speaker: Amanda Adams, Fractional CFO, CPA
Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Amanda Adams, a seasoned fractional CFO and CPA passionate about transforming back-office operations for finance teams. This session will cover critical best practices and process improvements tailored specifically for accounting professionals.
Medallion Retail
MARCH 24, 2020
With no games to cheer this year and all celebrations put on hold, fans will have to look to the 2021 season to put on their team jerseys and plan out their home tailgating parties. As a result of missing The post Thinking Ahead, Scoring Big—March Madness 2021 appeared first on Medallion Retail.
Wiser
MARCH 10, 2020
You’ve got great ideas, but you don’t always have the bandwidth to do them. When it comes to minimum advertised price monitoring, a smaller team doesn’t mean you can’t implement, monitor, and enforce MAP pricing across your reseller network. The good news, though, is you don’t need a big team to get big results. Here is how you can enforce minimum advertised price violations as a small team: 1.
Shopper Motion
MARCH 24, 2020
Having access to an analytic tool and making full use of it can sometimes be two very different things. In our previous post , we talked about in-store analytics and why they are needed. But now we are going to look at a practical application of just how in-store analytics can enhance the shopping experience and allow stores to gain the maximum benefits and effectiveness from their flyers and promotions.
Merchant Marverk
MARCH 25, 2020
The retail industry is facing massive, unprecedented closures as the novel coronavirus spreads throughout the country and state and city governments announce “shelter in place” orders. In much of the United States, the only type of retail stores that remain open are superstores and “essential retail” stores that sell food, medicine, or other life-sustaining goods.
Advertiser: Experience Retail Today
I’m getting in touch with the news that fashion retailer, Gina Trictot, has achieved 98% inventory accuracy thanks to its partnership with SML RFID. Please see the full press release below, including exclusive quotes.
CJ Retail Solutions
MARCH 23, 2020
As we move forward in these unprecedented times within the UK as the Corona Virus takes hold and the whole country becomes affected by its spread in one way or another, we as a business would like to inform every one of our plans. CJ Retail Solutions as of today are following the guidelines as set out by the government and will continue with a ‘Business as Usual’ service and continue to deliver your projects on a national basis.
Retail Next
MARCH 10, 2020
As a retail store owner or manager, you’re always looking for the best way to get new shoppers into your store and keep existing customers coming back for more. It’s tempting to try a little bit of every marketing method and hope that something, somewhere, will bring in more customers. Instead, take the time to assess your existing customer base and target market and determine the most effective channels for marketing your business.
Retail Eye
MARCH 17, 2020
Welcome back to J.C. Williams Group’s Global Retail Trends and Innovations blog series where we celebrate global retail innovation, concepts, and trends! This series is based on our annual publication Global Retail Trends and Innovations, developed in partnership with our affiliate members from the Ebeltoft Group. Throughout the next few months, we will explore the hot four trends (Omni […].
Wiser
MARCH 24, 2020
Across nearly every retail vertical, companies are faced with pressure from regulators and consumers to provide more visibility into their supply chains. If you’re in this space, chances are you’re well-aware of the push for greater transparency, which stems from better traceability. The food and pharmaceutical industries are already very familiar with standards around traceability, as consumer safety hinges on manufacturers’ and distributors’ ability to track and trace every ingredient.
Speaker: Jennifer Wright and Nick Barron
2025 is right around the corner, and with it comes a new wave of consumer expectations, competitive pressures, and operational challenges. Success lies in finding the balance between operational flexibility and creating experiences that keep customers coming back. The future of retail belongs to those who can stay ahead of shifting customer preferences and marketing trends. 🔮 In this session, we’ll dive deep into what it takes to keep customers engaged and your operations nimble, no matt
Shopper Motion
MARCH 10, 2020
What experience did my customers have when entering my store? How were the various purchase decisions reached or what factors influenced one purchase over the other? These are questions retailers try to answer in order to figure out how best to serve their customers. This post covers the top technologies for in-store analytics. Over the years, retailers have always based their analysis on the volume of sales obtained at the end of each designated period.
Medallion Retail
MARCH 9, 2020
If you’ve been reading the news about DTC lately, you may be under the impression that DTC is faltering. Challenges faced by brands like Harry’s and Brandless have dominated the news recently, giving reason to pause when assessing the continued The post Grow DTC Offline with Pop-Up + Dynamic QR appeared first on Medallion Retail.
RETAIL MANAGEMENT SOFTWARE
MARCH 2, 2020
According to the latest reports from NRF 2020 Report and Survey, Consumers are most likely to spend an average of $30.19 on family members other than their spouses compared to $29.87 in the previous year; $14.69 on their close friends, up from $9.78; $14.45 on their children’s classmates and teachers, up from $8.63; $12.96 on their work collaborators, up from $7.78; and $12.21 on their beloved puppies.
Retail Next
MARCH 5, 2020
In this age of digital domination where, by 2040, 95 percent of all purchases are expected to come from e-commerce sales, I don’t need to tell you that a website is a powerful tool for any retail business – whether that’s to offer easy online ordering to your customers or simply to act as an online advertising avenue used to drive people to your physical store.
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With over 9 million sellers on Amazon, online marketplaces are more crowded than ever. Whether you’re looking to fine-tune prices in real-time or align strategies across channels, this guide provides the tools to understand how to maximize sales and secure a lasting competitive edge. Download now to transform your pricing strategy and drive holiday success.
Retail Eye
MARCH 17, 2020
Welcome back to J.C. Williams Group’s Global Retail Trends and Innovations blog series where we celebrate global retail innovation, concepts, and trends! This series is based on our annual publication Global Retail Trends and Innovations, developed in partnership with our affiliate members from the Ebeltoft Group. Throughout the next few months, we will explore the hot four trends (Omni […].
Wiser
MARCH 31, 2020
A unilateral pricing policy is a policy by which a manufacturer announces the minimum acceptable resale price for a product, and may refuse to conduct business with any reseller it catches selling those products under that price. UPPs give manufacturers a means of controlling the retail price of their products without a violation of antitrust law for possible anti-competitive behavior.
Retalon
MARCH 3, 2020
enVista and Retalon Partner to Power Retail Intelligence, Predictive Insights and Profitability by Integrating Leading AI and Unified Commerce Solutions. New Strategic Partnership Combines Retalon’s Award Winning AI and Predictive Analytics Solutions with enVista’s Industry-Leading Order Management Solution to Deliver a Best-In-Class Unified Commerce Solution to Optimize Inventory Decisions.
DMS Retail
MARCH 16, 2020
If your employees find themselves defending errors and sloppy work by arguing with your customers, your chances of attracting loyal customers are slim to none. If you don’t have a strong service culture in your organization, it’s going to be next to impossible. In fact, some of your employees may even take pleasure in arguing with your customers and trying to prove them wrong.
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Join Bloomreach at Innovation Fest: Summer 2024, a virtual event, to explore the future of personalized marketing and merchandising! Along with the company’s top product experts, CEO Raj De Datta will provide an exclusive look at the company’s latest AI innovations reshaping the omnichannel experience. Don’t miss out on this exciting opportunity to connect with fellow industry leaders and explore the latest trends in retail technology.
RETAIL MANAGEMENT SOFTWARE
MARCH 2, 2020
According to the latest reports from NRF 2020 Report and Survey, Consumers are most likely to spend an average of $30.19 on family members other than their spouses compared to $29.87 in the previous year; $14.69 on their close friends, up from $9.78; $14.45 on their children’s classmates and teachers, up from $8.63; $12.96 on their work collaborators, up from $7.78; and $12.21 on their beloved puppies.
Retail Next
MARCH 3, 2020
Besides the more obvious role in preventing our grandchildren having to fight crab people for resources once the planet is both on fire and underwater, sustainability and the different ways in which companies handle it have started to play an important role in the modern business world. In his article, “ Sustainability and the consumer in 2019 ,” Duncan Baizley painted a very clear (and research-based) picture of how consumers see corporate sustainability, noting that brands will need to move be
Retail Eye
MARCH 17, 2020
Welcome back to J.C. Williams Group’s Global Retail Trends and Innovations blog series where we celebrate global retail innovation, concepts, and trends!
Retail Design Solutions
MARCH 2, 2020
We are pleased to announce that we have been awarded accreditation from Alcumus SafeContractor for achieving excellence in health and safety in the workplace. Alcumus SafeContractor is a leading third party accreditation scheme which recognises extremely rigorous standards in health and safety management amongst contractors. It is used by thousands of organisations in the UK including SMEs and FTSE 100 companies.
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Generative AI is reshaping retail, but achieving true AI success isn’t simple. Many brands face hurdles—underdeveloped data strategies, limited AI-ready infrastructure, or lack of seamless integration across systems. As you explore how AI can boost efficiency and transform customer experiences, understanding your business’s readiness is key. Orium's Data & AI Maturity Model offers a clear starting point.
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