Retail Focus

FEBRUARY 4, 2025

This helps retailers optimise inventory levels, staffing, and promotions for smoother operations and waste reduction. Predictive analytics provides retailers with a data-driven approach to demand planning and inventory management. It also allows retailers to tailor pricing at an individual level.

Inventory Management 162

Inventory Management Markdowns Checkout Customer Experience 162

Retail TouchPoints

MARCH 26, 2025

We are a mass retailer with 9,000 locations that are serving small communities. Taking into account CVS store footprint, SKU roster, regular pricing and promotional pricing, the company can create up to 900 million different combinations of assortment and price across its stores.

Beauty and Health 225

Beauty and Health Sporting Goods Location Merchandise Store 225

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.

Promotions 130

Promotions Markdowns Returns Shopping 130

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 Focus

JUNE 3, 2021

As other sectors, including travel and hospitality, experienced online commerce surges, the retail market shifted at a more leisurely pace. Let’s look at three ways that data science can help retailers thrive in a highly competitive multi-channel environment. 41% to an in-store flyer today.

Markdowns 200

Markdowns Promotions Shopping Planning 200

Inside Retail

JANUARY 21, 2024

In a strategic move to counter the fierce competition in China’s booming smartphone market , Apple recently took the unprecedented step of offering substantial discounts on its iPhones. According to Reuters , the US tech giant slashed retail prices by as much as 500 yuan ($70) on select iPhone models.

Marketing 130

Marketing Drop-Shipping Promotions Merchant Services 130

Retail TouchPoints

AUGUST 17, 2021

Over the last year or so we’ve seen retailers and ecommerce sellers adopting AI tools at a frenetic pace. From backend inventory optimization to identifying salesfloor hotspots to highly targeted marketing programs, we’re seeing an influx of great retailing practices, all being driven by AI.

Checkout 306

Checkout Payment Services Customer Experience Inventory Management 306

Inside Retail

NOVEMBER 14, 2023

As consumers constantly chase ‘the next best thing’ brands and retailers are realising more than ever the importance of accurately predicting demand and getting new products to market in as short a time as possible. The company operated like this for a couple of years, but was not satisfied.”

Marketing 130

Marketing Planning Apparel Consumer 130

Retail TouchPoints

OCTOBER 14, 2022

Sellers are onboarded on a commission basis and the seller is responsible for determining product pricing and availability as it appears in the marketplace on the retailer’s website. ERP efficiencies: With dropship, a retailer’s Enterprise Resource Planning (ERP) solution has to be made aware of seller products, inventory and sales.

Fulfillment 279

Fulfillment Management Accounting Promotions 279

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. Don’t start without a marketing strategy.

Fulfillment 278

Fulfillment Advertising Accounting Planning 278

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.

Promotions 148

Promotions Outdoor Payment Services Marketing 148

Inside Retail

SEPTEMBER 26, 2022

Fashion marketing has evolved. For decades, marketing efforts have been designed to result directly in purchases; however, we’re now transacting in the experience economy and there’s a stronger focus on building loyalty through community. They’re playing games, customising their avatar, and collecting digital items.

Fashion 246

Fashion Accessories Promotions Retailing Pricing 246

Inside Retail

SEPTEMBER 23, 2024

The Australian Competition and Consumer Commission’s (ACCC) allegations that Woolworths and Coles breached the Australian Consumer Law by making misleading claims about discounts come as retailers head into their most promotional period of the year and serve as a warning to the wider industry.

Supermarket 130

Supermarket Promotions Advertising Consumer 130

Inside Retail

FEBRUARY 1, 2024

As the Lunar New Year approaches, retailers around the globe are eagerly gearing up to embrace the festive spirit and capitalise on the significant market opportunities that this joyous occasion brings. One of the best examples of this came from China, as Apple reduced its retail prices on select iPhone models by almost $70.

Payment Services 130

Payment Services Consumer Marketing Promotions 130

Inside Retail

DECEMBER 20, 2021

A Chemist Warehouse spokesperson told Choice that the issue was that the Cyber Week sales landed in between two other sales campaigns, meaning, what Choice said identified concerning pricing behaviours were, in fact, “simply the dovetailing of marketing activities”. off of recommended retail price), respectively.

Advertising 130

Advertising Promotions Retailing Pricing Shopping 130

Inside Retail

DECEMBER 20, 2021

A Chemist Warehouse spokesperson told Choice that the issue was that the Cyber Week sales landed in between two other sales campaigns, meaning, what Choice said identified concerning pricing behaviours were, in fact, “simply the dovetailing of marketing activities”. off of recommended retail price), respectively.

Advertising 130

Advertising Promotions Retailing Pricing Shopping 130

Wiser

DECEMBER 12, 2022

Online shopping has exponentially increased the ease with which consumers can find products and compare prices between different retailers, so MAP has become a crucial aspect of product selling for many manufacturers. To lower the price, a reseller might offer coupons or discounted rates internally, among other options.

Advertising 147

Advertising Promotions Retailing Pricing Shipping 147

Inside Retail

SEPTEMBER 19, 2022

With the rapid evolution of digital channels and online shopping, a global pandemic, and supply-chain challenges, retail is evolving at an unprecedented pace. Customer expectations of engagement and experience in retail are changing equally quickly. Bolduc says ‘data paralysis’ is a real thing. Don’t over-use the channel.”.

Customer Experience 147

Customer Experience Customer Retention Marketing Promotions 147

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

Inside Retail

OCTOBER 11, 2022

Dubbed “Lay’s-Branded Bag”, the accessory made its debut at Paris Fashion Week and is an official collaboration with US chips company Lay’s which promoted that bag on its social media accounts. The rumoured retail price for the potato chip bag is USD$1800, a huge difference from a $3.99 pack of chips.

Accessories 130

Accessories Accounting Fashion Promotions 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

Retalon

AUGUST 14, 2023

In today’s omnichannel retail world, traditional pricing methods are struggling to keep up. Retail pricing intelligence gives retailers a strategic edge with data-driven pricing decisions. What is Retail Pricing Intelligence and Why Does it Matter? There are treasures to be uncovered.

Retailing Pricing 41

Retailing Pricing Promotions Marketing Spend Marketing 41

Inside Retail

JULY 29, 2021

The commission said New Zealanders are paying too much for groceries compared to people in other international markets, the major two retail chains – the Woolworths-owned Countdown and the local co-operative Foodstuffs group – are stifling innovation and making persistently high profits in the absence of serious competition.

Consumer 130

Consumer Supermarket Wholesale Promotions 130

Inside Retail

JULY 26, 2021

A recent KPMG report has predicted Hainan to become the world’s biggest duty-free market in the next two years. For luxury travel retail brands, this is an opportunity boon. China apparel brand Peacebird has mobilized employees to push out promotions to their social circles. Second-life commerce.

Social Commerce 130

Social Commerce Advertising Apparel Accounting 130

Talking Retail

NOVEMBER 17, 2021

Nisa is offering its retailers a package of confectionery deals to increase sales in the build-up to Christmas. The promotion, available in stores until 23 November, includes Nestlé Dairy Box and Thorntons Continental chocolate boxes at £4 each, saving shoppers up to £1.99

Promotions 84

Promotions Retailing Pricing ATS Marketing 84

Wiser

JULY 14, 2020

We tend to think of pricing as its own distinct practice. You develop a product, produce it, promote it, and sell it. In reality, a pricing strategy needs to be baked into the entire process. You can’t create a product without understanding where it fits into the market. Cost-Based Pricing. Cost of Goods Sold.

Bundled Pricing 128

Bundled Pricing Markdowns Consumer Marketing 128

Small Biz Trends

NOVEMBER 30, 2022

Customers can browse through hundreds of artists and purchase products with their artwork at a great retail price. Tips for Marketing to Redbubble Customers. With so many artists on the Redbubble platform, it can be challenging to understand how Redbubble promotes its artists and products while tracking sales.

Payment Services 111

Payment Services Drop-Shipping Accounting Promotions 111

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

Retail Gazette

NOVEMBER 22, 2023

Subscribe to Retail Gazette for free Sign up here to g et the latest news straight into your inbox each morning Former New Look boss Nigel Oddy, now CEO of American Golf, welcomed the extension: “This is a win-win for consumers, retailers, and the economy. The National Living Wage is set to increase from £10.42

Promotions 111

Promotions Retailing Pricing Consumer Shopping 111

Independent Retailer

AUGUST 17, 2022

Retailers of all sizes came to source excess inventory that is hitting the market to fill gaps in their open-to-buy dollars and preview resort and early spring merchandise. . Revolutionizing the Retail Industry. “We 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

Inside Retail

MARCH 8, 2022

Consumers are not being served well by the New Zealand grocery duopoly, according to the Commerce Commission – but it stopped short of any major recommendations in the final report into the grocery market tabled this week. . Requiring grocery retailers to display unit pricing in a consistent format.

Wholesale 130

Wholesale Supermarket Consumer Checkout 130

Inside Retail

MAY 30, 2024

Through a combination of advanced predictive analytics to precisely tailor its product offerings and a successful leveraging of its social media community, the company has carved out a small but steadily growing niche in the highly competitive athleisure market. How is it possible to have such a quality at US$25?” “I What’s next for Halara?

Markdowns 130

Markdowns Wholesale Planning Consumer 130

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 . Pricing optimization is never over.

Promotions 74

Promotions Advertising Accounting Target Market 74

Retail Gazette

NOVEMBER 23, 2023

But with the market now flooded and the cost-of-living impacting discretionary spend, is the advent calendar craze starting to wane? Retailers have helped to encourage the buzz by kicking off their product marketing earlier in the year, adds GlobalData retail analyst Tash Van Boxel.

Department Stores 122

Department Stores Drop-Shipping Fashion Marketing 122

Wiser

JULY 23, 2019

Price intelligence is the ability to track, monitor, and analyze competitor and market pricing data to make educated pricing decisions for your business. With that pric ing intelligence comes plenty of ways to slice and dice it, making it a flexible and customizable data set for brands and retailers. .

Apparel 76

Apparel Promotions Marketing Retailing Pricing 76

Inside Retail

MARCH 14, 2023

Victor founded Mwave as a pureplay business that sold computer components because there is a gap in that market. The major electronics retailers, like JB Hi-Fi, Officeworks, and Harvey Norman, sell mass-market products. They went from corner stores into retail store networks, and have now pushed into online.

Marketing 130

Marketing Shipping Management Point of Sale 130

Wiser

AUGUST 20, 2019

In general, new product development includes: Market analysis: Understand the market. Usually, this is a simple first version, the baseline of what is needed to go to market. Product development includes the creation of a new product and its release into the market. Market share. Promotional data.

Fulfillment 89

Fulfillment Marketing Consumer Advertising 89