Markdowns Retailing Pricing Shopping 
Retail TouchPoints
DECEMBER 12, 2023
Add it all up and it’s clear that the timing duration, and location of holiday shopping is not like the old days. 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.
Retail TouchPoints
DECEMBER 22, 2022
When done correctly and with statistically significant datasets, brands can redesign their pricing strategy and architecture with smart Good, Better, Best tiering as well as intentional channel and market strategies — setting prices based on the unique consumers in each market and that shop specific channels.
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Retail Focus
FEBRUARY 4, 2025
Personalised Recommendations One of the most visible applications of AI in retail is personalised product recommendations. Retailers are using machine learning algorithms to analyse customer data and purchase history to provide tailored suggestions and recommendations. This reduces overstocking and the need for massive markdowns.
Retail Focus
JUNE 3, 2021
But the grinding pressures of a lengthy global pandemic – shoppers avoiding in-store shopping where possible, lockdowns in non-critical retail verticals, parents juggling remote work and homebound kids – precipitated a rapid shift. Even post-pandemic, only 49% anticipate they will often or always shop in-store.
Retail TouchPoints
OCTOBER 22, 2020
Retailers and their shoppers are whiplashed accordingly. This poses unprecedented uncertainties for retail pricing and merchandising teams for the holidays in 2020. Here are some of the issues facing retailers — and ways that they can harness AI-powered pricing and promotions to cope with them productively.
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.
Wiser
MARCH 17, 2020
There’s a reason why it’s hard to go shopping and come home with only one item. 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?
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