How To Use Price Optimization To Boost Total Revenue 4% & Avoid Leaving 10%...
Last summer, in their Hype Cycle for CRM Sales, 2012, Gartner information technology research and advisory company found that companies successfully implementing price optimization realized...
View Article10 Powerful Guidelines For Choosing The Best Retail Pricing Intelligence...
Pricing intelligence software tools are being used by retailers around the world to compete more effectively, increase sales, and grow profit margins through the use of advanced automated real-time...
View Article60% Of RSR Survey Respondents Say “Improving Margins” Is Top Retail Pricing...
A just-released RSR Benchmark Research Study on Retail Pricing Practices indicates that retailers are sending an escalating number of price changes to their stores and other channels, due, among other...
View Article7 Ways Humans Crucial In Predictive Analytics Of Pricing
The Big Data juggernaut -- miraculous and awe-inspiring -- rolls along. On the one hand, data volumes have become so large that oftentimes only advanced analytics and other data analysis technologies...
View ArticlePricing Intelligence Solutions Are NOT Created Equal: 5 Vital Questions Every...
A funny thing happened to me at the eTail West conference in San Antonio, Texas earlier this month: I realized that many retailers don't fully appreciate the vast differences in the capabilities and...
View ArticleThe 2% Solution And Other Real-Time Pricing Secrets For Winning Retailers
Today's retailers are reaching for top-line growth and increasing market share through collecting, assessing, prioritizing and executing Big Data analytics, with the latest challenge: Dynamic Pricing...
View Article6 Powerful Paths To Profit Using Predictive Analytics
Dump that shirt that isn't selling well. Delete SKUs with low sales. Don't carry that product line because no-one's buying it. Jack your prices around because that's what your competitors are doing --...
View ArticleHow Predictive Analytics Are Revolutionizing Retail
Guess what? Analytics of the future are… already here! Using data-driven insights derived from predictive analytics, retailers are empowering themselves to offer top selling items to the right...
View ArticlePredictive Analytics: A Retailer’s New Best Trend!
Retailers are finding that the path to optimal pricing and increased profit margins goes through predictive analytics. To properly capitalize on nascent scientific solutions, retailers have to:...
View ArticleFewer Promotions In Store For Holidays 2015: Upstream Commerce
There are definite shifts in the way large retailers are discounting during the holiday season. By analyzing 300,000 products of seven large fashion retailers during the holiday seasons of 2013 and...
View Article“List Prices” Have Become Slippery Slope for Retailers, Customers & The Law
Remember when price tags had information on them like: "Valued at, compared to, marked down from, or manufacturer's suggested retail price"? In recent years, many retailers have been hauled into court...
View ArticleRSR Study Sees Retailers’ Price Remorse & Promotions Overkill
For the past few years, RSR (Retail Systems Research) has noted and chided retailers for being slow to adapt to modern market and pricing demands, believing they could win the race by low, lower, and...
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