February, 2020

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Can You Prevent MAP Violations with a Trap Buy Program?

Wiser

There’s no way around it: minimum advertised price, or MAP, violations are not fun. And it’s not always easy to stop them, especially if you sell on hyper-competitive eCommerce marketplaces such as Amazon and Walmart. For example, say you enter an agreement with a retailer that they won’t advertise your product below a set price. You check in on the various marketplaces and see that your products are, in fact, listed below your MAP policy.

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5 Reasons Why Following Product Trends Is Important for Scaling Your Retail Business

Retail Next

In the business world, it’s better to be the company creating the latest trends than it is to be the business that too slowly follows what happens elsewhere in the market. If you can break the mold with your business, introducing the world to new ideas and opportunities, then you have the potential to transform your small business into the next Netflix or Uber.

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How Price Monitoring Software helps Retailers to Maximize their Profit

IntelligenceNode

As retailers, brands, or eCommerce business owners, you have to keep an eye on your competition. And one of the most important aspects you need to look out for is ‘price monitoring’. Customers today have easy access not only to your products but also to your competitor’s products. In fact, according to a study, 87% […]. The post How Price Monitoring Software helps Retailers to Maximize their Profit appeared first on Blog.

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3 Post-Holiday Merchandising Ideas for Winter Retail Wins

Natural Insight

The holiday season provides nearly 20-30% of retail sales year after year. Is that going to matter when it’s time to report first-quarter numbers? Hardly. Get a jump on the new year with these post-holiday winter merchandising ideas.

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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.

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Pop-Up to Keep Up: Our Top 6 Reasons Why

Medallion Retail

In today’s digital world, we can easily diminish the importance and power of physical interaction. This is especially true in retail. While retailers and brands such as Sephora, Nike and Warby Parker are pursuing AR and VR technology that allows The post Pop-Up to Keep Up: Our Top 6 Reasons Why appeared first on Medallion Retail.

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The Value of Repeat Customers

Storis

In an industry with more competition than ever, the importance of earning repeat customers has never been more crucial. The more loyal customers a retailer secures, the more successful it will be. Understanding the advantages of earning repeat customers is the foundation to grow your company. Before diving into improving your company’s customer retention rate, it is important to understand how it will positively affect your company.

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Top Tech Trends Shaping Retail in 2020

Retail Next

We live in a rapidly advancing technological world, where technology is disrupting the way every industry does business. In retail it is helping create better customer experiences, streamline B2B and B2C operations, and provide better products and services. The retail industry in the United States has become heavily dependent on technology and tech-oriented marketing, and the future is digital.

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[Webinar] Strengthen your Competitive Strategy with Price Intelligence

IntelligenceNode

No one ventures out into the sea without a chart and some intelligence about waypoints on the voyage. Yet many digital enterprises lack the tools and data to set prices that support their brand proposition in competition with agile global competitors and data-driven marketplaces like Amazon. Access Intelligence Node’s webinar to learn about Forrester’s latest […].

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2020 Global Retail Trends & Innovations Blog Series: Trend #1 Omni Integration

Retail Eye

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 […].

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Retail end caps intelligence (II)

Shopper Motion

In a previous article , we talked about recognizing various end caps intelligence in retail companies and making maximum use of them to increase sales and exposure. This, however, is not the end of our analysis and dealings with the end caps and Business Intelligence in retail. Today we are tackling the following end cap questions: From every hundred shoppers that pass-by our end cap, how many converted into a sale ?

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

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.

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How a Retailer Earned Customer Loyalty

Storis

Retail success relies on customer retention. While a store full of customers is ideal, the number that truly counts is how many are loyal to your brand. Repeat customers add value to your business in the form of increased sales, higher conversion rates, and positive word of mouth advertising. According to Bain & Company, increasing your customer retention rates by 5% can generate a 25% increase in profit.

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Why a Successful Retail Audit Needs the Right Sample Size

Wiser

Do you need to know what is going on inside brick-and-mortar stores? Have questions around merchandising, inventory, category management, store operations, and more? Then you may need to conduct a retail audit. What is a retail audit? We define this concept as “the act of data collection from brick-and-mortar store locations to gather information on merchandising compliance, adjacencies, inventory levels, store associate knowledge, and many more shelf-level metrics.” Of course, a s

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5 Ways Blended Retail Brands Can Complement Customer Lifestyles

Retail Next

In an effort to meet customer demand and increase the likelihood of customer loyalty, retail brands need to find ways to ensure a customer’s shopping experience fits seamlessly into the rest of their daily routine. From flexible delivery options to interactive and customized experiences, below are tips from No1 Packaging on how blended retail brands can best complement customer lifestyles.

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Why Retailers Must Use A Price Comparison Engine For Their Ecommerce Website

IntelligenceNode

As you develop your online business, you’ll need to exploit a variety of strategies and tools to boost the growth of your eCommerce website. It’s all about expanding your scope and positioning your products and services before potential customers. Marketing campaigns can prove to be very beneficial, but have you also considered leveraging Price Comparison […].

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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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2020 Global Retail Trends & Innovations Blog Series: Trend #1 Omni Integration

Retail Eye

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 […].

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2020 VALENTINE ECONOMICS AND GROWTH PERSPECTIVE FOR JEWELERS LOOK LIKE A DIAMOND IN THE SKY

RETAIL MANAGEMENT SOFTWARE

Respondents who were interviewed lately on their spending forecasts were quite optimistic about their household incomes, buying power and the job market in general. They were planning to spend an average $196.31, a whopping 21% over previous record of $161.96. Showering close friends, co-workers and family with #Valentine gifts is expected to skyrocket to $27.4 billion, up 32% from last year’s record $20.7 billion.

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The Necessity of the Human Touch in Business

Graff Retail

“It is no surprise that the human touch has been coined as a ‘luxury’ in customer service… As customer expectations continue to climb and tech support needs increase as connected devices proliferate, the live customer support agent’s role will only become more important to customer satisfaction.” – Renee Soulliard The digital revolution has shifted how […].

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How to Create Better Buyer Personas

Wiser

In simple terms, the goal of any business is to make money. Buyer personas help achieve that goal. But what are buyer personas and how can you create better personas that make your business more money? Let’s find out. Buyer Persona Definition. Buyer personas are detailed representations of your ideal customers. Personas explore the who, what, where, when, and why of your target customers.

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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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5 Ways to Authentically Promote Eco-Friendliness in Retail

Retail Next

The retail world is a highly competitive environment. Business owners and managers face competition from area stores, big-box retailers, and internet giants. Promoting eco-friendliness could create a strong competitive advantage for brick-and-mortar stores. But the marketing tactic has its pitfalls. When many companies try to promote eco-friendly practices or products, they sometimes get accused of “greenwashing,” or claiming to be following green-practices when, in reality, they are

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Why I’m No Longer a Google Partner (And Why You Shouldn’t Either)

Store Growers

Back in 2013, I was really proud to become one of the first Google Partners in Belgium. When I got that badge, I plastered it everywhere I could: on my site, in presentations, bios and even in client proposals. The Badge. Not that potential clients ever bothered to ask about it. But I told them anyway: what the Google Partner program entailed, what requirements you had to meet, and how not everyone could qualify for it.

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2020 Global Retail Trends & Innovations Blog Series: Trend #1 Omni Integration

Retail Eye

Welcome back to J.C. Williams Group’s Global Retail Trends and Innovations blog series where we celebrate global retail innovation, concepts, and trends!

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2020 VALENTINE ECONOMICS AND GROWTH PERSPECTIVE FOR JEWELERS LOOK LIKE A DIAMOND IN THE SKY

RETAIL MANAGEMENT SOFTWARE

Respondents who were interviewed lately on their spending forecasts were quite optimistic about their household incomes, buying power and the job market in general. They were planning to spend an average $196.31, a whopping 21% over previous record of $161.96. Showering close friends, co-workers and family with #Valentine gifts is expected to skyrocket to $27.4 billion, up 32% from last year’s record $20.7 billion.

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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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AI and voice search among the top eCommerce trends for 2020, says Kooomo

Retail Technology Review

As we move into a new decade, technology is continuing to make big changes in the way eCommerce businesses engage with their customers. To keep up with the changing demands of consumers, Ciaran Bollard, CEO at Kooomo, the Enterprise Cloud Commerce Platform, has put together a list of the ten key eCommerce trends that online retailers should be aware of: .

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Industry Brief: 2.25.2020

Fashion Retail Tech

Hi! Here is a quick round-up of some news from around the industry over the last few weeks. Sources are in the hyperlinked text after the headlines. Brands + Retailers. Victoria’s Secret to go private at $1.1B valuation. The Wall Street Journal. As DTC brands move into wholesale, analytics platforms follow. Vogue. How brands are battling knock-offs on Amazon.

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5 Steps to Making Live Stream Videos That Further Your Retail Branding

Retail Next

Few marketing tools – if any at all – have the power of connecting you with your customers the way live streaming does. They make your retail brand feel approachable and authentic, and that’s probably why they are such an outraging success. But live video is not just about humanizing your brand or appealing to younger audiences – It’s also about building trust in your brand and its products !

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An International Brand’s U.S. Retail Launch: Designing the Display

Medallion Retail

At-home coffee brewing has always been a mainstay of U.S. households. The industry has seen everything from percolators to Mr. Coffee, but nothing revolutionized the market quite as much as the introduction of single-serve capsules. The global market for coffee The post An International Brand’s U.S. Retail Launch: Designing the Display appeared first on Medallion Retail.

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Innovation Fest: Summer of AI

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.

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Overcoming Today’s Biggest Retail Management Challenges

Retail Next

Before the turn of the century, running a business wasn’t as complicated. Entrepreneurs focused mainly on being number-savvy and realizing which opportunities would benefit – or bankrupt – the brand. In the midst of this digital era, concepts and ideologies are changing faster than businesses can adapt to them. With almost all companies integrating the online world, physical distances no longer matter, and this has dramatically intensified competition in all industries.

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Data in Retail: How to Increase Shopper Traffic & Sales

Retail Next

The retail industry is something that will never disappear and will only continue to evolve in an effort to keep up with consumer needs and developments in technology. In any retail segment, increased sales and satisfied customers remain the ultimate end goal. However, consumers have access to information and products from across the world, so no matter what your business’s niche is, you will likely always have competition from somewhere.

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6 Ways Retailers Reap the Rewards of Data Analytics

Retail Next

Retail business is getting increasingly competitive because it allows almost anyone to launch an online store within hours. Millions of digital retailers are already active on the Internet, but only a few top-performers know how to outpace competitors and grab a significant chunk of market share. At the same time, traditional retailers still keep the majority of market share and successfully deal with the challenges of the Internet era.

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Improving Retail Store Operations [INFOGRAPHIC]

Retail Next

Retail is a tough business. We get it. With increased competition and increased shopper expectations, there’s no place to hide, and the business is certainly not for the faint of heart or those short on commitment. In this new era of shopper-led retail, retailers are forced to operate at peak efficiencies, optimizing the shopper experience by wisely investing a limited amount of resources – employees, time and money.

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

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.