Remove Finance Remove Markdowns Remove Promotions
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As the Holidays Approach, it’s Time to Rethink Retail Pricing Methodology…and AI Can Help

Retail TouchPoints

In this kind of shopping environment, how should retailers align their promotions and markdowns for the greatest impact? Ending the Tradition of Blanket Markdowns Enter this year’s holiday shopper. Add it all up and it’s clear that the timing duration, and location of holiday shopping is not like the old days.

Markdowns 274
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Understanding the Modern Category Manager: Overcoming Daily Challenges with Smarter Solutions

Wiser

They are responsible for building a profitable, well-curated product assortment while ensuring pricing, promotions, and merchandising strategies align with business objectives. Their days are a flood of supplier negotiations, promotional planning, and cross-functional meetingsall demanding swift, strategic decision-making.

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AI and Retail Promotions: How to Hit Your Promotional Goals

Retalon

Promotion planning is a constant balancing act. You have many types of promotions to choose from, each with its own effects on consumer behaviour and the resulting outcome. These promotions must also fit within your overall promotional strategy which supports your company’s business goals.

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Retail Sales Promotion Goals, Examples, and How AI is Optimizing Them.

Retalon

Retail Sales Promotion Goals, Examples, and How AI is Optimizing Them. Promotion planning is a constant balancing act. You have many types of promotions to choose from, each with its own effects on consumer behaviour and the resulting outcome. Percent discounts work best when you promote lower-priced products.

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Retalon is Now a Microsoft Partner, Integrating Retail Analytics Solutions with Microsoft Dynamics 365

Retalon

Microsoft Dynamics 365 gives retailers unprecedented visibility into their orders, channels, finances, supply chains, vendors, and customers. About Retalon: Retalon is an award-winning provider of advanced Retail AI solutions for planning, merchandising, inventory optimization, pricing, promotion, and markdowns.

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Retalon is Now a Microsoft Partner, Integrating Retail Analytics Solutions with Microsoft Dynamics 365

Retalon

Microsoft Dynamics 365 gives retailers unprecedented visibility into their orders, channels, finances, supply chains, vendors, and customers. About Retalon: Retalon is an award-winning provider of advanced Retail AI solutions for planning, merchandising, inventory optimization, pricing, promotion, and markdowns.

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7 Price Planning Tips to Maximize Retail Profits (2020)

Retalon

Optimize Prices for Each PLC Stage Product Introduction (Initial Pricing) In-Season Promotions End of Product Life Cycle What does this mean for price planning? Therefore, it’s vital to create your own pricing rules and thresholds (discounts limited to certain product classes, maximum clearance markdowns, etc.)