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Author Archives: bermanevansretail
Merchandise (Inventory) Management During Peak Seasons
Merchandise planning and supply chain management are tough enough during typical selling seasons. But this is especially complicated during peak selling seasons — when the proper in-store mix of merchandise contributes heavily to whether a retailer is profitable or stuck … Continue reading
Posted in Part 5: Managing a Retail Business, Part 6: Merchandise Management and Pricing, Part 7: Communicating with the Customer, Technology in Retailing
Tagged Dixons, global retailing, inventory management, logistics, merchandising, multichannel, planning, seasonailty, supply chain, tips
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What Are Optimal Prices for a Retailer?
A key decision for retailers involves setting the proper prices. If prices are too low, then profit margins suffer. If prices are too high, shoppers may patronize competitors. Thus, it is crucial to set “optimal” prices and enact the proper balance … Continue reading
Posted in Online Retailing, Part 3: Targeting Customers and Gathering Information, Part 6: Merchandise Management and Pricing, Technology in Retailing
Tagged customer expectations, customer loyalty, inventory management, Manthan Systems, opportunity, planning, price optimization, pricing, retail analytics, segmentation, technology, tips, trends
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Online Versus Store Preferences (Attitudes)
How do shoppers feel about online versus store shopping? This infographic from Lab42 gives some good insights. Linked to Mashable
Posted in Online Retailing, Part 2: Ownership, Strategy Mix, Online, Nontraditional, Part 6: Merchandise Management and Pricing, Part 7: Communicating with the Customer, Social Media and Retailing
Tagged infographic, location, merchandising, mobile shopping, multichannel, online shopping, promotion, shoppers, shopping, trends
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