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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?
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 […].
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.
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.
Category Management is a cornerstone of a successful retail strategy. While it promotes collaboration between manufacturers and retailers to optimize category performance, challenges persist in its effective implementation due to hurdles in communication and collaboration across teams and partners, and more. In this guide, we outline five essential strategies for success in 2025 that will touch on all the essential pieces of a successful strategy and implementation.
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 […].
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.
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.
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.
As Coronovirus/Covid-19 continues to wreak havoc throughout the world, retail is obviously quite heavily impacted. Because of the ongoing disruption, we have made the decision to halt all non-essential marketing to allow our customers to stay focused on their own families along with the mitigation and recovery strategies of their businesses. Our entire team is still working behind the scenes, so don’t expect any decrease in service.
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 […].
Adverttu, the AdTech company, has launched its latest on-car advertising campaign with global pharmaceutical distributor, Medex and its ecommerce partner KAAM. For 8 weeks, Medex’s CBD 16mg patch product will adorn a fleet of Adverttu ad wrapped vehicles across Central and South West London.
Welcome back to J.C. Williams Group’s Global Retail Trends and Innovations blog series where we celebrate global retail innovation, concepts, and trends!
Your financial statements hold powerful insights—but are you truly paying attention? Many finance professionals focus on the income statement while overlooking key signals hidden in the balance sheet and cash flow statement. Understanding these numbers can unlock smarter decision-making, uncover risks, and drive long-term success. Join David Worrell, accomplished CFO, finance expert, and author, for an engaging, nontraditional take on reading financial statements.
ParcelHero has forecast a doubling of home deliveries in the event of a UK coronavirus epidemic, as shoppers seek to avoid crowded stores. But it says retailers and their courier partners must do more to ease concerns for both customers and drivers.
A study from Trustpilot, has revealed an alarming distrust among UK consumers when it comes to brands removing or censoring legitimate consumer reviews across the internet, with four-in-ten (42%) saying they are very concerned about their freedom of speech.
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