Retail TouchPoints

JANUARY 3, 2023

ATO attacks cost retailers millions of dollars each year. Web and API Scraping Web and API scraping are often used by competitors to undercut retailers’ pricing and promotions. Fake Account Creation Bots can create fake accounts at scale which are then used to abuse retail promotions.

Merchant Services 306

Merchant Services Payment Services Accounting Checkout 306

Retail TouchPoints

OCTOBER 14, 2022

There are nuances based on type of retailer, existing ecommerce strategy and whether the products are first-party only or also include third-party fulfillment. One customer we worked with had been managing over 100 third-party fulfillment relationships following a traditional dropship approach.

Fulfillment 279

Fulfillment Management Accounting Promotions 279

Retail TouchPoints

AUGUST 17, 2021

Online retailers are using AI to create intent-based promotions. AI has a lot to offer grocery stores, especially in inventory management. AI helps grocery managers optimize staff, advising on how many employees and checkout lanes are required. Price Optimization is for all Retailers.

Checkout 306

Checkout Payment Services Customer Experience Inventory Management 306

Retail Focus

JUNE 3, 2021

It’s not surprising, then, that shopper responsiveness to digital promotional offers has increased, with 55% saying they are extremely or very likely to respond to a smartphone or mobile app offer v. Let’s look at three ways that data science can help retailers thrive in a highly competitive multi-channel environment.

Markdowns 200

Markdowns Promotions Shopping Planning 200

Retail TouchPoints

JANUARY 12, 2023

Manufacturer’s Suggested Retail Pricing (MSRP) and Minimum Advertised Pricing (MAP) aren’t enforced by Amazon. It’s up to the brand or its agency to manage what your pricing policies will be and how you prevent being undercut by resellers on Amazon. Make it a point to manage your own catalog of products.

Fulfillment 278

Fulfillment Advertising Accounting Planning 278

RETAIL MANAGEMENT SOFTWARE

AUGUST 27, 2020

Price management is one of the most important operation in any retail or wholesale environment. Whether you’re managing prices for long-term or for seasonal cycles, you need to track and monitor each price for each SKU as well as keep an eye on inventories, especially at critical times. Offering a $2.00

Wholesale 59

Wholesale Management Promotions Retailing Pricing 59

Wiser

NOVEMBER 16, 2023

One of its standout features is its capacity to provide competitive pricing and promotions intelligence. Competitive pricing is a crucial element for anyone in retail. With DSI, brands gain near real-time visibility into competitor pricing strategies. Swift action prevented further revenue loss.

Promotions 148

Promotions Outdoor Payment Services Marketing 148

Retail Gazette

MAY 29, 2024

The Co-op is cutting prices for its members across up to 54 fruit and vegetable lines as it continues its investment in price reductions. The convenience retailer is investing £6.4m to reduce fresh produce prices by up to 44% compared to former standard retail prices, and provide savings on average of nearly 20%.

Promotions 122

Promotions Retailing Pricing Management 122

RETAIL MANAGEMENT SOFTWARE

AUGUST 27, 2020

Price management is one of the most important operation in any retail or wholesale environment. Price is right merchandise for retailers or wholesalers. Retailers and wholesalers both must manage merchandise prices. You might also have a different price for your online store.

Wholesale 52

Wholesale Management Promotions Retailing Pricing 52

RETAIL MANAGEMENT SOFTWARE

AUGUST 27, 2020

Price management is one of the most important operation in any retail or wholesale environment. Price is right merchandise for retailers or wholesalers. Retailers and wholesalers both must manage merchandise prices. You might also have a different price for your online store.

Wholesale 52

Wholesale Management Promotions Retailing Pricing 52

Storis

SEPTEMBER 19, 2024

Success in appliance retail involves managing the financials surrounding vendor rebates to build mutually beneficial supplier relations. By managing vendor rebates effectively with technology, retailers enhance their overall profitability and achieve healthier financial performance.

Payment Services 52

Payment Services Management Accounting Promotions 52

Retail Focus

SEPTEMBER 7, 2021

The first affects stock inventory management. Reorganisation of workforces including adapting shift patterns, introducing training plans to promote upskilling, and recruiting ahead of demand curves can all create opportunity to quickly address labour shortages. How regularly are retailers achieving optimum selling prices?

Inventory Management 148

Inventory Management Supply Chain Management Shipping Planning 148

Retalon

JANUARY 17, 2022

A good retail pricing strategy is integral – but is it enough? Setting an optimal product price can be a challenging task in today’s dynamic and data-driven retail environment. Missing the mark when setting prices can have a drastic effect on sales and the overall profitability of a retail business.

Retailing Pricing 41

Retailing Pricing Markdowns Promotions Accounting 41

Wiser

DECEMBER 12, 2022

For example, if a TV manufacturer sets the minimum price of their product at $450, then the retailer cannot advertise that product for any amount less than $450 without receiving a penalty from the manufacturer. To lower the price, a reseller might offer coupons or discounted rates internally, among other options.

Advertising 147

Advertising Promotions Retailing Pricing Shipping 147

RETAIL MANAGEMENT SOFTWARE

AUGUST 27, 2020

Price management is one of the most important operation in any retail or wholesale environment. Whether you’re managing prices for long-term or for seasonal cycles, you need to track and monitor each price for each SKU as well as keep an eye on inventories, especially at critical times. Offering a $2.00

Wholesale 40

Wholesale Management Promotions Retailing Pricing 40

RETAIL MANAGEMENT SOFTWARE

AUGUST 27, 2020

Price management is one of the most important operation in any retail or wholesale environment. Whether you’re managing prices for long-term or for seasonal cycles, you need to track and monitor each price for each SKU as well as keep an eye on inventories, especially at critical times. Offering a $2.00

Wholesale 40

Wholesale Management Promotions Retailing Pricing 40

Shopper Intelligence

APRIL 30, 2021

Category Managers. Sometimes being in Category Management might feel like being a United Nations peacekeeper, a global summit negotiator, or like you dropped into an episode of Game of Thrones. (We We have a whole booklet of cartoons about life as a Category Manager! (We Retailer vs Supplier. Promotions are good.

Management 52

Management Promotions Accounting Marketing 52

Inside Retail

JANUARY 21, 2024

According to Reuters , the US tech giant slashed retail prices by as much as 500 yuan ($70) on select iPhone models. or 12.12, people are anticipating better promotions from vendors. In the case of the iPhone promotion in China, she observed that price cuts are happening all over APAC too. “In

Marketing 130

Marketing Drop-Shipping Promotions Merchant Services 130

Wiser

AUGUST 17, 2018

Big companies such as TOMS and Chipotle have seen a lot of success with BOGO promotions. In a report from AMG , 66 percent of shoppers say that they like BOGO the most out of all discount promotions. They also found that 93 percent of shoppers report that they have taken advantage of BOGO promotions at least once.

Advertising 112

Advertising Promotions Visual Merchandising Store Layout 112

RETAIL MANAGEMENT SOFTWARE

APRIL 10, 2024

In the dynamic world of wholesale business, managing operations efficiently is paramount for success. This is where Wholesale Management Software emerges as a game-changer, offering streamlined solutions to enhance productivity and profitability. What is Wholesale Management Software?

Wholesale 52

Wholesale Management Inventory Management Inventory Turnover 52

Wiser

AUGUST 13, 2024

Amazon Prime Day has become one of the most significant annual events in the retail calendar, particularly for the consumer electronics segment. Traditionally held in July, this two-day event offers brands an unparalleled opportunity to boost sales through deep discounts and strategic promotions.

Consumer 78

Consumer Promotions Advertising Shopping 78

Retalon

NOVEMBER 20, 2020

Price optimization and price management are terms that often are used interchangeably, but they are not the same thing. When used properly, both price management and price optimization can substantially affect a retailer’s profitability. What is price optimization?

Management 41

Management Markdowns Accounting Retailing Pricing 41

Independent Retailer

AUGUST 17, 2022

As the industry continues its recovery, it is clear that the OFFPRICE Show continues to evolve and revolutionize the retail business,” Tricia Barglof, Executive Director of the OFFPRICE Show, said. “I The show is experiencing a huge growth in their online presence, with a lot of promotion and marketing going on.

Apparel 97

Apparel Accessories Shipping Boutique 97

Wiser

OCTOBER 12, 2017

In the current retail landscape you have to admit that omnichannel retailers typically have a leg-up, compared to their single channel competitors. But one aspect of this unified retail experience that gets tricky is omnichannel pricing. How to Get Omnichannel Pricing Right . Schedule a demo today.

Promotions 74

Promotions Advertising Accounting Target Market 74

365 Retail

DECEMBER 3, 2021

DemandTec , a pioneer in retail price and promotion optimization technology, today launched Unify by DemandTec, the industry’s first autonomous unified merchandising platform for retailers. It’s a critical time for retailers, all around the world,” said Todd P. Unified merchandising as a strategic advantage.

Markdowns 52

Markdowns Promotions Retailing Pricing Accounting 52

Inside Retail

MARCH 14, 2023

The other side of the equation is that we often try to promote internally as often as possible, because, to your point, the product knowledge is so specific that it becomes quite important. So it’s a very price competitive margin squeeze at the moment. But there are two dynamics going on at the same time.

Marketing 130

Marketing Shipping Management Point of Sale 130

Wiser

FEBRUARY 29, 2024

The escalating logistics costs are prompting retailers to seek increased profit margins, creating a ripple effect on pricing strategies and consumer affordability. Retail staff are grappling with managing various store sections and transitioning to fulfilling online orders, resulting in reduced in-store efficiency.

Shrinkage 78

Shrinkage Inventory Management Loss Prevention Consumer 78

Storis

SEPTEMBER 19, 2024

As inventory leaders, particularly in the appliance market, you’re no stranger to the challenges of managing pricing strategies amidst fierce competition. Customers are savvy researchers, and many are price-motivated.

Inventory Management 52

Inventory Management Promotions Management Consumer 52

Retail Gazette

NOVEMBER 23, 2023

Boxel notes that this year’s marketing has placed an emphasis on promoting the savings made on the retail price of the items in the calendar to incentivise consumers that they are making significant savings.

Department Stores 122

Department Stores Drop-Shipping Fashion Marketing 122

Wiser

AUGUST 20, 2019

Many of the stages of new product innovation will be overseen by product managers, but you’ll also work closely with the marketing team to develop a go-to-market strategy. “At the inception, the pricing team would say ‘we need it to be this retail price and we need to make this margin on it.’

Fulfillment 89

Fulfillment Marketing Consumer Advertising 89

RETAIL MANAGEMENT SOFTWARE

FEBRUARY 19, 2024

Retail budgeting software is a specialized financial management tool designed to help retail businesses plan, track, and manage their budgets effectively. Managing finances in the retail sector involves juggling various aspects such as inventory, sales, expenses, and forecasting.

Finance 52

Finance Accounting Management Planning 52

RETAIL MANAGEMENT SOFTWARE

FEBRUARY 27, 2024

These solutions leverage advanced algorithms and techniques to extract actionable insights from vast datasets, enabling retailers to optimize various aspects of their business, including sales, marketing, inventory management, and customer engagement. What is Retail Analytics Software?

Inventory Management 52

Inventory Management Management Customer Experience Marketing 52

365 Retail

SEPTEMBER 7, 2021

The first affects stock inventory management. Reorganisation of workforces including adapting shift patterns, introducing training plans to promote upskilling, and recruiting ahead of demand curves can all create opportunity to quickly address labour shortages. How regularly are retailers achieving optimum selling prices?

Inventory Management 52

Inventory Management Supply Chain Management Shipping Planning 52

365 Retail

JUNE 3, 2021

Throw in the whiplash effects of the global pandemic – intensely price-sensitive shoppers, disrupted supply chains, an unprecedented shift to online channels – and retailers are faced with a stark reality: nothing they could historically rely on as a foundation for pricing, promotion and markdown decision-making is still standing.

Markdowns 52

Markdowns Grocer Promotions Retailing Pricing 52

Inside Retail

AUGUST 16, 2021

Still, many Chinese citizens were unable to afford – or unwilling to pay full retail prices – for foreign-branded items. Valued at $2 billion, Perfect Diary has raised $100 million in three funding rounds, including investment from Glossier investor Tiger Global Management.

Consumer 130

Consumer Beauty and Health Fashion Accounting 130

Retalon

MARCH 9, 2021

These ten leading pricing strategies for new products can get you started. And with the help of retail pricing software , you can find the optimal strategy for your business.). Why is new product pricing so challenging? The pricing strategy you choose for a new product has enduring ramifications. Bundle pricing.

Bundled Pricing 41

Bundled Pricing Promotions Markdowns Advertising 41

Retalon

FEBRUARY 21, 2025

AI-driven pricing solutions go much further in accurately predicting, calculating, and recommending product pricing, markdowns, and promotions. Instead, businesses should focus on assessing their specific vulnerabilities and opportunities within their supply chain, pricing strategy, and inventory management.

Markdowns 41

Markdowns Planning Inventory Management Drop-Shipping 41