Retail TouchPoints

JANUARY 8, 2021

Fernish defines its furniture as “circular-ready,” a trademarked term describing the “durable and modular” process that helps give products a second life. Consumers have the option of buying out products at any time. In search of flexibility and cost efficiency, these demographics rely on fast furniture to fill their spaces.

Mobile 275

Mobile Consumer Games Customer 275

Wiser

FEBRUARY 16, 2021

One area you can focus on to address the above concerns is pricing. Specifically, setting the right price at the right time. Repricing is used by eCommerce sellers to raise or lower prices on select SKUs based on a set of rules or conditions. Others are much more advanced, more akin to dynamic pricing or price optimization.

Magento 158

Magento BigCommerce Shopify Other 158

Wiser

MAY 20, 2021

Every eCommerce seller, like any business whose aim is to sell, has its prices as a powerful resource to attract customers and increase revenue. If you have an online store, or are starting a new project, think very carefully about which pricing strategy you are going to follow to make your products even more attractive.

Shipping Costs 122

Shipping Costs eCommerce Shipping Presentation 122

Retail TouchPoints

JULY 12, 2021

retail scene. Nevertheless, in 2018 the party goods retailer went a step further and began selling on Amazon as well. Our core goal when we originally launched with our pilot on Amazon, was to reach customers who are increasingly gravitating toward shopping online,” he said in an interview with Retail TouchPoints.

Omnichannel 290

Omnichannel Channel Consumer Outdoor 290

Dynamic Action

APRIL 25, 2023

In 2022, average order values were $7 more on average than they were the year prior, reflecting the continued impact of inflation on recommended retail prices. Once you have the right product, it’s then crucial to identify the right price and assess its impact on your margins. Retailers face this challenge every day.

Channel 62

Channel Recommendation Improvements Marketing 62

Dynamic Action

JUNE 2, 2023

With the increasing focus on sustainable fashion, we dig into the topic and explore the true price of sustainability with Robyn Smith, our Sustainability Lead Analyst here at EDITED. What are the elements that need to be considered when implementing a sustainable strategy in business? Or is it just a marketing ploy?

Fashion 62

Fashion Consumer Supplies Social Media 62

BigCommerce

DECEMBER 13, 2017

Actionable Amazon SEO strategies. Pricing and repricing strategies for both resellers and private label sellers alike – plus tips to make you more, faster. It was all hands on deck – and I had called them there, asking many to spend a few extra hours to help me make this book come to life. List your products.

Definition 420

Definition Merchant Services Multi-channel Books 420

365 Retail

SEPTEMBER 25, 2023

The lettings span more than 10,000 sq ft of new retail space. The brand has taken 1,550 sq ft of space across two floors for an initial period of six months, giving fashion-lovers an opportunity to keep up with the latest trends in a sustainable way at an affordable price.

Fashion 65

Fashion Clothing Events Retail 65

Retalon

SEPTEMBER 1, 2023

A shorter holiday season coupled with the current economic downshift means retailers, like you, must maximize holiday sales with the time you have. Here are four profit-generating strategies you can implement–sooner rather than later: 1. How can you best do this? Amazon is an excellent example of this.

eCommerce 41

eCommerce Consumer Technology Customer Loyalty 41

RetailMinded

FEBRUARY 1, 2024

Oh, man, the cash flow struggle is too real for small retail shops. You’ll find many small retailers juggling receipts and invoices like hot potatoes. Here’s a life hack though—using a free invoice template for Word can cut through the chaos like a knife through butter. Loads of small retailers totally trip up here.

Small Business Retail 52

Small Business Retail Management Retail Payment Services 52

Retail TouchPoints

JULY 27, 2020

COVID-19 has changed retail. Earlier this year, we released a report, titled “The Best Vision is Insight,” outlining our predictions for the top retail trends of 2020. Social distancing” had already become a fact of life for many in our technology-infused societies long before it became an obligation under the effects of COVID-19.

Payment Services 172

Payment Services eCommerce Small Business Retail Retail 172

Wiser

JUNE 30, 2020

Determining the ideal product mix and inventory width and depth, setting competitive prices, providing personalized experiences, and dealing with rapid lead times is just scratching the surface of what retailers need to do. This includes choosing the products’ sizes, colors, prices, and other characteristics.

Fashion 78

Fashion Presentation Clothing Retail 78

Wiser

SEPTEMBER 25, 2018

In speaking with brands attempting to control online pricing with monitoring and enforcing strategies , we hear that they have hit points in the process where this felt like an uphill battle. Promotional MAP Strategy . Off-season, the holidays and the end-of-product life cycle are natural times for price reductions.

Omnichannel 68

Omnichannel Channel Improvements eCommerce 68

RETAIL MANAGEMENT SOFTWARE

NOVEMBER 29, 2019

Retailers who manage the product life cycle effectively are the ones who survive the next age of commerce. They are the most competitive, most profitable, and most enduring retail operations on the market. That’s true of both brick-and-mortar retailers and online retailers. On-hands drive sales.

Events 57

Events Operations Online Retail Retail 57

Wiser

DECEMBER 8, 2020

The same goes for retail categories. Even if performance isn’t an issue, category resets can follow a natural cycle based on category seasonality or changing consumer tastes. Category resets have some overlap with assortment planning , which is determining the best products and quantities to meet consumer demand.

Apparel 88

Apparel Reference Electronics Improvements 88

Wiser

MAY 10, 2023

Do you work at an eCommerce brand and are looking for ways to keep your product page content compliant across all eCommerce sellers? Keeping up with frequent product updates is complex and time-consuming. Read on to learn more about how to track product page content compliance today.

Information 78

Information Consumer Shipping Costs eCommerce 78

ChannelAdvisor

JANUARY 23, 2023

Many brands now choose to implement shoppable content solutions across their marketing assets for a wide range of benefits, including improving the consumer journey, strengthening retailer relationships and increasing sales by complementing their e-commerce store, to name a few. How should we prioritize our retailers?

eCommerce 59

eCommerce Channel Multichannel PPC 59

365 Retail

OCTOBER 12, 2023

In fact, most high street value retailers have been struggling to keep up for a while now. Primark is one of the only stores continuing to cultivate low price success. How Shein cultivated a loyal fanbase Price is critical to all consumers. On top of this, Shein truly nails media targeting.

Retail 52

Retail Fashion Social Media Travel 52

GetElastic

JANUARY 7, 2020

The True Value Company is one of the world’s leading hardline wholesalers with a globally recognized brand providing its customers in over 60 countries an expansive product set with market-customized assortments at highly competitive prices, superior product availability, innovative marketing programs and a la carte value-added services.

Improvements 158

Improvements Social Media Hobbies Outdoor 158

ChannelAdvisor

JANUARY 23, 2023

Many brands now choose to implement shoppable content solutions across their marketing assets for a wide range of benefits, including improving the consumer journey, strengthening retailer relationships and increasing sales by complementing their e-commerce store, to name a few. How should we prioritize our retailers?

eCommerce 52

eCommerce Channel Multichannel PPC 52

Wiser

JULY 2, 2019

The last time we talked about price elasticity, it was in the context of the dreaded price war. But it’s been a few months, so now’s as good a time as ever to dive back into the world of price elasticity. . First, let’s talk a bit more about what price elasticity is and why it matters in retail. . You should be!

Supplies 94

Supplies Article Other Consumer 94

Talkoot

FEBRUARY 22, 2018

2018 will be another challenging year for brands and retailers unwilling, or unable, to adapt to the new consumer landscape. At Talkoot, we identified six strategies that working together will help brands and retailers succeed this year. D2C” is a do-or-die strategy, and an e-commerce site alone is not enough.

eCommerce 87

eCommerce Clothing Consumer Technology 87

Retalon

MAY 25, 2020

What is a High-Low Pricing Strategy? Also referred to as “Hi-Lo” Pricing, or “Skimming” Pricing Strategy, high-low pricing is almost exactly what it sounds like. A product is introduced at a high price, and the price is gradually lowered as demand for the item declines.

Demo 41

Demo Management Retail Reference 41

ESW

JANUARY 14, 2021

Ask an old-school retailer how to drum up new business and chances are high they’ll suggest holding a sales event. Sales are a tried and tested retail tactic for brick and mortar stores, but they aren’t as commonplace among their online counterparts. In fact, most DTC brands avoid them, says Retail Brew writer Halie LeSavage.

Events 78

Events Marketing eCommerce Social Media 78

Wiser

NOVEMBER 21, 2018

For most, the answer will be price. The ability to compare prices, get the lowest prices, find good deals on products, and so on. The bottom line is that price is always top of mind for consumers. . A separate Wiser survey of headphones shoppers had price in the top-five reasons to buy. .

Shipping Costs 76

Shipping Costs Presentation Consumer Point of Sale 76

RETAIL MANAGEMENT SOFTWARE

NOVEMBER 29, 2019

Retailers who manage the product life cycle effectively are the ones who survive the next age of commerce. They are the most competitive, most profitable, and most enduring retail operations on the market. That’s true of both brick-and-mortar retailers and online retailers. On-hands drive sales.

Events 40

Events Operations Online Retail Retail 40

365 Retail

SEPTEMBER 5, 2022

As the nation looks to ditch fast fashion and extend the life cycle of its clothes, shoppers have admitted they’re more likely to shop second-hand now than last year, after watching this year’s series of Love Island, as 23% of Love Island viewers made their first ever pre-loved purchase this summer. When buyers search, eBay.co.uk

Fashion 65

Fashion Clothing Recommendation Technology 65

BigCommerce

AUGUST 10, 2018

In April 2018, Hearst bought a minority stake in Gear Patrol , an enthusiast men’s brand focused on products and stories about the outdoors. Beyond Gear Patrol’s ability to drive millions in web traffic, they also sell a lot of product. Why Use a WordPress Ecommerce Strategy. Think more expensive products, B2B, etc.

eCommerce 365

eCommerce WooCommerce BigCommerce Download 365

Korona

APRIL 6, 2022

This helps business leaders understand which products or services are most critical to the financial success of their business. Inventory control, which is knowing what products you have on the sales floor and in your stockroom (and how many you have), is the bedrock of retail store operations. Table of Content.

POS 52

POS Payment Services Merchant Services Payments 52

Korona

JANUARY 27, 2022

The lifeblood of a successful retail business is mainly dependent on the retailer’s ability to provide consumers with quality products in sufficient quantity from the right place at the right time. Retailers lose an estimated $1 trillion every year due to out-of-stock situations. . Location of products in the store.

Small Business Retail 52

Small Business Retail Shipping Costs POS Retail 52

Retalon

JANUARY 7, 2021

Seasonal merchandise planning carries a unique challenge for retailers, as product life cycles are measured in weeks or even days. . This is a problem because retailers plan their inventory months in advance — having almost no window to react to out-of-stocks or an unexpected up-lift in demand.

Books 41

Books Events Department Stores Retail 41

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 Demo Travel Books 41

Korona

SEPTEMBER 20, 2022

The best thing a retailer can do is take as much into their own hands as possible to keep their customers happy and cash flow steady. Read on to learn more about how retailers can optimize their supply chain management. . Table of Contents. This will help you nail down a realistic picture of your supply chain life cycle.

Supplies 52

Supplies Management POS Point of Sale 52

RetailMinded

JANUARY 8, 2022

Use these four money management strategies to nail this role! . Whether they are struggling with too little money, don’t have a well-detailed business plan, or make poor pricing decisions, small businesses fail, and it all has to do with money. . Here are four money management strategies you need to know: . Master Budgeting .

Small Business Retail 52

Small Business Retail Management Retail Banking 52

Retalon

NOVEMBER 11, 2021

Why does IT spending in the retail industry matter? The retail industry has changed. The recent global pandemic has accelerated retail’s deep dive into digital transformation, forcing many retailers to upgrade and replace their outdated legacy systems and processes. Productivity software (Word, Excel, Outlook, etc.)

Shipping Costs 41

Shipping Costs Order Fulfillment Retail Fulfillment 41

Retalon

FEBRUARY 15, 2022

The most stubborn, expensive issues retailers face are due to poor demand forecasting. Retailers who rely on approximated demand disappoint customers, bleed profits, and lose market share to more tuned-in competitors. That is why leading retailers use AI-powered technologies to get consistently more accurate results.

Shipping Costs 41

Shipping Costs Supplies Channel Fulfillment 41

Retalon

JULY 28, 2021

Traditionally retailers have relied on past sales history to make predictions for future demand. Though this strategy has its limitations, it can work for staple inventory with consistent sales, like toothpaste or bread. Seasonal products can start selling earlier than expected or still have demand for longer than in previous years.

Retail 41

Retail Events Omnichannel Other 41