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Promotions are a popular technique for brands and retailers to motivate customers and drive sales. You’ll see promotions in all shapes and sizes, from buy one get one free to a percent off to free shipping. . Here’s how leading brands and retailers today create effective sales promotions: . 1. Track Competitor Behavior. The first step toward a high-quality promotional strategy is to track competitor behavior.
Businesses collect more data than ever before and from every aspect of the supply and demand chain—logistics; vendor compliancy/lead times; POS data; inventory levels; traffic cameras; prices; markdowns; consumer behavior; demand forecasts; and more. But what good is all this data if you can’t derive real value from it? Being able to monitor and track real-time data sounds great but, in reality, that is the same as watching money pour out of your supply chain.
By Joemar Carillo, a content writer for Assosia, a retail research company based in the UK. With the market becoming more and more competitive, companies should carefully implement an effective competitive pricing strategy. Competitive pricing strategy is where the final prices on their products or services have been analysed, modified and evaluated against the prices of their competitors.
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.
According to a recent study Jamf commissioned, here are 7 reasons why retail mobile technology is growing in 2019. A powerful Mobile Device Management (MDM) system is key to keeping it all running smoothly.
According to a recent study Jamf commissioned, here are 7 reasons why retail mobile technology is growing in 2019. A powerful Mobile Device Management (MDM) system is key to keeping it all running smoothly.
According to a recent study Jamf commissioned, here are 7 reasons why retail mobile technology is growing in 2019. A powerful Mobile Device Management (MDM) system is key to keeping it all running smoothly.
For the third year in a row Jamf is offering 10 JNUC Diversity Sponsorships for people from underrepresented groups within the technology sector. They include free admission and a $500 stipend.
For the third year in a row Jamf is offering 10 JNUC Diversity Sponsorships for people from underrepresented groups within the technology sector. They include free admission and a $500 stipend.
First days go more smoothly when when departments work together. The Electric platform helps bridge the gap between HR & IT by providing tools that assist with the on-boarding process.
First days go more smoothly when when departments work together. The Electric platform helps bridge the gap between HR & IT by providing tools that assist with the on-boarding process.
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.
First days go more smoothly when when departments work together. The Electric platform helps bridge the gap between HR & IT by providing tools that assist with the on-boarding process.
Retail businesses collect more data than ever before, and from every aspect of the supply chain, including: Logistics data (vendor compliance, lead times, etc.). POS data (sales, returns, etc.). Inventory levels (store, warehouse, distribution centers). Traffic cameras (foot / vehicle traffic). Prices (markdowns, promotions, competitor prices, etc.).
Retail fulfillment is defined as the process of receiving, packaging, and delivering an order to the customer. A large portion of a retailer’s business activity—and their success—hinges on effective and efficient fulfillment strategies and processes. In fact, having an effective and beneficial fulfillment strategy is a competitive advance these days.
Retail fulfillment is defined as the process of receiving, packaging, and delivering an order to the customer. A large portion of a retailer’s business activity—and their success—hinges on effective and efficient fulfillment strategies and processes. In fact, having an effective and beneficial fulfillment strategy is a competitive advance these days.
AI adoption is reshaping sales and marketing. But is it delivering real results? We surveyed 1,000+ GTM professionals to find out. The data is clear: AI users report 47% higher productivity and an average of 12 hours saved per week. But leaders say mainstream AI tools still fall short on accuracy and business impact. Download the full report today to see how AI is being used — and where go-to-market professionals think there are gaps and opportunities.
By Branwell Moffat, Director of Commerce Consulting at Envoy Digital, part of the KPS Group. Consumers love the way mobile enables them to slot online shopping, browsing and product research into their busy day as they sit on the train, wait in line for a coffee or kill time between appointments.
ActiveViam has released a new study on pricing strategies and concerns from retailers. For the “Pricing Strategy Survey,” ActiveViam polled more than 500 senior pricing decision makers and executives at retailers with at least 100 employees from 21 May to 2 June 2 2019.
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