April, 2020

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What are Retail Markdowns?

Wiser

Inventory management will rarely be the only thing that makes a retailer successful, but it can absolutely be the something that breaks you. Knowing what your customers like is one thing, but understanding how much of each item you need on shelves and how to price them is where inventory management can go awry. This is where one of the biggest inventory mistakes you can make exists.

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4 Steps for Keeping Your Products in Stock During COVID-19 [Infographic]

RepslyBlog

The COVID-19 crisis has created unprecedented challenges for people in all aspects of daily life, and the CPG industry certainly isn't exempt. While consumer demand for CPG products has increased dramatically over the past few weeks, many brands are struggling to manage the stress this has put on their supply chains. Check out the infographic below to learn how to keep your products on the shelf when demand is at an all-time high.

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Krogers shares its COVID-19 Blueprint for Businesses. Download your copy here!

Retail Adventures

Kroger has created a 17-page booklet entitled Sharing What We’ve Learned: A Blueprint for Businesses that is full of great information all retailers can use. The booklet contains what Rodney McMullen, Chairman and CEO Kroger, calls “best practices to help other businesses take steps to develop protocols and procedures to reopen safely and continue to flatten the curve.

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COVID-19 Retail Recovery: Launch of Resource Hub

Retail Next

A few weeks ago, when it became clear that COVID-19 would have immediate and lasting impact on the retail industry, it became clear to me that we needed to make immediate changes to the marketing plans we had set forth for this year. Many retail leaders and friends were telling me that they were overwhelmed by the onslaught of tone-deaf vendor outreach, reinforcing the decision I had already made in partnership with my sales leadership team.

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Modernizing the Frontend Experience on Salesforce Commerce Cloud

Unlock agility, boost performance, and gain control over your Salesforce frontend with the latest masterclass from Composable.com : Modernizing the Frontend Experience on Salesforce Commerce Cloud Featuring experts from Algolia, Ember, Netlify, and Stripe, this masterclass focuses on practical strategies for optimizing your Salesforce Commerce Cloud storefronts using modern composable commerce integrations.

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Staying Connected: Together, Apart

Natural Insight

Go Home 2020, You're Drunk. Who knew that a normal part of 2020 would be that the entire world was going to be working on the same problem together - and that we'd all be "hibernating" through the spring? We’re all living in this surreal time, where “doing your part” means seeing the streets empty, parks closed, schools cancelled, travel curbed and offices being situated at home.

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[Interview] Intelligence Node CEO Features on CNBC’s StartUp Street

IntelligenceNode

In an interview with CNBC-TV 18’s ‘StartUp Street’ segment, CEO of Intelligence Node, Sanjeev Sularia covered multiple points ranging from the changing retail environment, COVID-19 and its implications on the retail sector to rise of digital-first, omnichannel approach, etc. He dived into how the retail segment is on a brink of a digital revolution and […].

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Why Your Competitors Are Outperforming You at the Shelf

RepslyBlog

Did you know that 72% of brands end up in the red when it comes to promotions ? Chances are, most brands find themselves in that majority -- which means the other 28% of brands (i.e. your competitors!) are dramatically outperforming their competition on the shelf. That is why executing promotions and ensuring a positive return could be a deal maker or breaker when attempting to gain additional share of your category, or when defending your space on the shelf from those desperate to snag your spo

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Reopening Retail – Store Layouts and Presentations

Retail Smart Guys

Today, we were honored to have Georganne Bender of Kizer and Bender be guest presenters in a webinar about how your store needs to look when you reopen. Over the years, many retailers have asked us to comment about store layouts, merchandising presentations, and more. When we all reopen, the look of the store is going to be a critical part of your success.

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The Dark Web

One Step Retail

You think you know the internet, but you've only seen the tip of the iceberg.

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Figure it Out! Literally…

DMS Retail

There has never been a better time or a more important reason to learn all you can about retail math and analytics. Priorities can change in an instant. What are you thinking about these days? A couple of months ago you were probably ramping up for various big selling weeks/events…March Break, Easter, Teacher gifts, Summer, Back-to-School and others.

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Website Security Essentials: Protect Your Site and Strengthen Cybersecurity

In a digital-first world, website security is non-negotiable. This comprehensive guide explores the critical importance of securing your site against hackers and vulnerabilities like SQL injection, XSS, and malware. Discover tools like SiteLock for threat monitoring and CodeGuard for seamless backups, ensuring robust protection for your data and operations.

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[Webinar] Total Retail Rundown: Critical Factors to Grow Retail Revenue in 2020

IntelligenceNode

Sephora SVP, Amy Lauer, and Soft Surroundings VP, Gail Buffington, sat down with our very own Sanjeev Sularia, Intelligence Node CEO, to share their insights on the post-Covid economy and what retailers can do to grow revenue right now. In our webinar, promoted via Total Retail, this thought-leading team discussed a range of topics from the […].

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What is the Amazon Buy Box and How Can You Win It?

Wiser

We all know that Amazon is the biggest online marketplace in the world. As a seller, your business can see wild success or total obscurity based on your ability to make yourself visible on the platform. There are a lot of ways to reach potential customers on Amazon, but one of the most lucrative is to win the Buy Box. In this article, we’ll look at what the Buy Box is and how you can capture it for your products.

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Why So Many Promotions Fail to Have an Impact on Sales [Infographic]

RepslyBlog

Guaranteeing the success of product promotions is a top priority for high performing brands. Still, many struggle to meet their promotion execution goals. In the infographic below, we discuss why so many promotions fail to have an impact on sales, and introduce the idea of in-flight promotion optimization -- the concept leading brands are embracing to close the gaps in their promotion execution strategy.

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COVID-19 Retail Recovery: Finding the New Normal

Retail Next

Most successful retail businesses are built on solid routines – how you run a store, plan your merchandise and service customers are all fundamental routines. When even one of these is misaligned, chaos ensues. But these times are tricky – COVID-19 has sent much of the retail industry into a tailspin and all of these fundamental routines are anything but routine.

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Less Stress, More Success: Accounting Best Practices & Processes for 2025

Speaker: Duke Heninger, Partner and Fractional CFO at Ampleo & Creator of CFO System

Are you ready to elevate your accounting processes for 2025? 🚀 Join us for an exclusive webinar led by Duke Heninger, 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.

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Nuggets Digital ID and Payments co-founder named Entrepreneur of the Year at Booking.comTechnology Playmaker Awards

Retail Technology Review

Booking.com has named Seema Khinda Johnson, co-founder of blockchain-powered payments and ID platform Nuggets, as Entrepreneur of the Year in its annual Booking.com Technology Playmaker Awards.

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Unintentionally Funny Cigarette Ads

Re-Tales

Came across this on Guff and had to share it. Back in the day it was legal to advertise cigarettes and some of them are quite amazing when you look at them now. I especially love the one where some “doctor” says that smoking is good for you. And if you think these are bad, you should see some of the TV ads they used to run… 1.

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Announcing the Launch of our New Website

IntelligenceNode

We are excited to announce the launch of our newly designed Intelligence Node website! At Intelligence Node, our goal is to listen to our customers’ needs and deliver the experience they deserve. And that’s what we aim to do with our new website – provide an elevated, personalized user-experience and seamless and easy navigation. With […].

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First-Violator MAP Enforcement: What It Is and Why It’s Not The Best Strategy

Wiser

Online marketplaces can be extremely powerful revenue-generating channels, but due to their nature, they can also be places where your prices are slashed beyond the acceptable amount. This means diminished margins and possible reputational damage for you. That’s why you need a strong minimum advertised price policy that helps you stop MAP violators and establish price policies everywhere your products are sold.

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NEWS: SML RFID Delivers 98% Inventory Accuracy to Gina Tricot

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.

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How Top Brands are Managing Demand in the Era of COVID-19

RepslyBlog

In the age of the coronavirus pandemic, CPG brands are having an unexpected moment. While it seems like most of the world is at home waiting for the storm to pass, brands that sell essential goods are busier than ever as consumers stock up: 1/3 of Coresight Survey respondents reported buying more food/household products than normal, and while overall economic activity may be declining the demand for essential products is peaking.

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NEW Retail Adventures Webinar: Things to Think About When Planning to Reopen Your Store

Retail Adventures

Click HERE or on the photo above to watch! Some states have announced that they are allowing stores to reopen. If that opportunity presents itself in your state will you be ready? In this webinar KIZER & BENDER discuss the things you need to know and ideas to help you prepare, plus the week's best in email marketing and social media posts. All Retail Adventures webinars can be found HERE.

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More than Just Convenience

Retail Eye

The world is changing, and retail along with it. Convenience models such as online shopping, click-and-collect, and curbside pickup are no longer optional and no longer solely about convenience. These models previously focused on removing friction between the purchase and the product, but 2020 has introduced a new source of friction: human contact. How A […].

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Key Areas of Focus - Part 3 Thrive

One Step Retail

3HAG Certified Coach, Doug Diamond, joins One Step’s CEO, Scott Kreisberg, to identify where a business should focus their energy and attention for the next 90 days in order to emerge stronger from the COVID-19 crisis. Doug and Scott deliver a value-packed 3-part series sharing how to survive and then thrive during these uncertain times. Topics covered range from getting really good at doing business virtually, creating a COVID-19 task force, the do’s and don’ts of marketing your business right

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eCommerce in 2025: How Customer Experience Drives Online Retail Success

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

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Pop-Up Prevails: Key Points of Reentry into Retail

Medallion Retail

Right now, there are 10 things on my shopping list. None of these are even remotely related to cosmetics, apparel or jewelry. I don’t think I’m alone in this. Our shopping needs at the moment are focused on necessities, like The post Pop-Up Prevails: Key Points of Reentry into Retail appeared first on Medallion Retail.

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Things You Must Stop Doing To Retail Store Employees In The Age Of Coronavirus

Re-Tales

Although I’m not currently working, I feel for my friends who still are at work and for all the grocery store and other retail employees who are on “the front lines.” Buzzfeed came up with this list and I agree with all 19 of them. Do the right thing everyone! 1. Don’t bring your whole family to the store — come alone if you can.

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Why Your Reps Only Spend 38% of Their Time Generating Revenue

RepslyBlog

Most managers wouldn’t be shocked to find out that their reps aren’t spending 100% of their workday on revenue-generating activities. While their main goal is to sell, much of their workday is spent on tasks that don’t directly lead to sales opportunities. But what if we told you that the amount of time spent generating revenue isn’t 90%, or 75%, or even 50%. it’s actually only 38%.

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INTRODUCING One-on-One Coaching Calls with KIZER & BENDER

Retail Adventures

COVID-19 has changed everything and it's likely to be with us for awhile. We want you to know that you are not alone. Introducing personal, one-on-one coaching calls with Rich Kizer and Georganne Bender! The agenda is simple: whatever you want to talk about! Your store is closed and you want to build a plan of what to do next or you'd like help planning your fab grand reopening.

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How to Maximize Amazon Sales and Crush the Competition

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.

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More than Just Convenience

Retail Eye

The world is changing, and retail along with it. Convenience models such as online shopping, click-and-collect, and curbside pickup are no longer optional and no longer solely about convenience. These models previously focused on removing friction between the purchase and the product, but 2020 has introduced a new source of friction: human contact. How A […].

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Key Areas of Focus - Part 2 Staying Alive

One Step Retail

Business Improvement Expert, Doug Diamond, joins One Step’s CEO, Scott Kreisberg, to identify where a business should focus their energy and attention for the next 90 days in order to emerge stronger from the COVID-19 crisis. Doug and Scott deliver a value-packed 3-part series sharing how to survive and then thrive during these uncertain times. Topics covered range from getting really good at doing business virtually, creating a COVID-19 task force, the do’s and don’ts of marketing your business

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Marketing campaigns: helping grocery retailers to calculate their conversion funnel

Shopper Motion

When it comes to getting a promotional campaign right, nothing is more important than having the right information. This is where in-store analytics come into play. Now we are going to take this a step further and learn how to calculate the conversion funnel for grocery retailers of some of the promotions offered in their flyers. Check out our previous article where we explained how to measure their effectiveness within the promotion.

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Our Industry’s Everyday Heroes

Storis

The current state of the world is shining a light on our everyday heroes. Medical professionals and first-responders are fighting tirelessly for our well-being and retail employees are putting their own health second so we can buy essentials like food and medicine. Their bravery is astounding. As we all are spending more time than ever before in our own homes, I wanted to take this time to reflect on some of our industry heroes.

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Is Your Business AI-Ready? Find Out with Orium’s Maturity Model

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.