Markdowns Planning Retailing Pricing 
Retail TouchPoints
DECEMBER 12, 2023
In addition to this timing variation, over 60% of shoppers plan to do their browsing online, yet 85% expect to buy at least one product in a store. In this kind of shopping environment, how should retailers align their promotions and markdowns for the greatest impact?
Retail TouchPoints
FEBRUARY 2, 2022
Begin with what you have and build a plan to fill in the gaps. Many of your retail peers found themselves with the dilemma of missing data — from the lack of customer data, transaction history for certain items or timeframes or sales broken out by sales type (regular/base, promotion and markdown).
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Retail Focus
JUNE 3, 2021
Fortunately, there is well-established, proven science-based technology that enables retailers to offer carefully crafted prices, promotions and markdowns in online as well as brick-and-mortar channels. Let’s look at three ways that data science can help retailers thrive in a highly competitive multi-channel environment.
Retail TouchPoints
SEPTEMBER 23, 2024
Navigating holiday retail pricing strategies during times of economic uncertainty requires a delicate balance between reacting to market conditions and maintaining profitability. Optimize Seasonal Promotion Plans Seasonal promotions are a staple in retail, but not all promotions are created equal.
Retail TouchPoints
OCTOBER 11, 2021
Human hunches, especially if they are based on behaviors from past years, are not sufficient in a completely transformed retail landscape. With seasonal items in particular, missing the mark on pricing, even if only a little, often results in excess stock on hand that has very weak demand, necessitating markdowns.
Retail TouchPoints
JANUARY 3, 2023
As consumers faced higher prices at the gas pump, grocery stores and other places, many cut back on their spending, increasing the competition among retailers. This was especially evident on Black Friday, when many merchants offered steep markdowns to compete. ATO attacks cost retailers millions of dollars each year.
Inside Retail
MAY 30, 2024
Hirata sat down with Inside Retail to discuss the brand’s growth strategy and its upcoming plans for building a physical in-store presence. Strategies behind Halara’s success A large part of the brand’s exponential growth boils down to this question: “How can you predict and make the right amount of units for customers to price for?”
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