06Jun

How Eggs Tell the Pricing Strategy Story Every Retailer Needs to Hear

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  • price optimization, promotion pricing, retail pricing software
When we talk precision in retail pricing, we think eggs. Lots of eggs. The reason is simple. While we work with many types of retailers, we do a good share of work with grocers, and they have an egg problem. What seems to be a staple product, eggs are hard to crack in terms of […]
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25Jan

NRF 2016 Big Show Reveals Big Hearts, Big Opportunities

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  • NRF, price optimization, retail pricing software, RetailROI
 The National Retail Federation did it right again this year. Strong attendance, powerful content and, as always, exhibit halls filled to the brim with retail innovation and excellence. Well done. Here’s what participants and pundits are sharing about the show, what was learned and what we can expect in retail for the remainder of the […]
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14Jan

The New Retail Reality Requires Advanced Retail Pricing Promotion

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  • price optimization, promotion pricing, retail pricing promotion, retail pricing software
Retail promotions represent one of the biggest challenges in retail! Deep promotions once reserved for holidays, occur year-round as retailers battle for thrifty discount-trained shoppers. Retailers are driving traffic but often at the expense of margins.  See Wall Street Journal article, The Tricky Math of Black Friday Bargains.  The proliferation of promotions has reached unmanageable levels, and “it […]
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03Sep

Retail Pricing Strategy and Merchant Intelligence: Send More Information, Less Data!

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  • price optimization, retail pricing software
Retailers are swimming in data and yet have less actionable information than necessary to compete effectively in today’s omnichannel retail pricing environment. Why? Online transparency has generated more data: rich store-SKU sales history, product attributes, competitive price history, online browsing and online purchase behavior. In addition, competitive price-scraping technology has evolved and provides improved data […]
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25Sep

Does your retail pricing software play by the rules?

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  • price optimization, retail pricing software
Retail pricing rules are more important today than ever for OmniChannel retail, eCommerce and brick & mortar retailers alike, in order to enforce retail price strategy, compete effectively and deliver a consistent shopping experience. How rules are handled inside price optimization solutions is critical. Price optimization should not be solved 1st and rules solved 2nd […]
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