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Category Archives: Part 6: Merchandise Management and Pricing
Online Shopping: Follow the Bouncing Prices
Online retailing enables companies to regularly (instantly, if they like) change the prices they offer — to reflect competition, low or peak seasons, sales of particular items, and so forth. This means, for both buyers and sellers, product pricing is … Continue reading
Posted in Online Retailing, Part 3: Targeting Customers and Gathering Information, Part 6: Merchandise Management and Pricing, Part 7: Communicating with the Customer, Technology in Retailing
Tagged bad behavior, customer expectations, customer service, entrepreneur, experiential retailing, online shopping, price optimization, pricing, strategy, trends, trust
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Segmenting the Valentine’s Day Market
It’s already February 2013, which means that Valentine’s Day is just around the corner. And it is a BIG deal to many retailers. So let’s do our homework and understand the different types of Valentine’s Day shoppers. As reported by … Continue reading
Posted in Online Retailing, Part 3: Targeting Customers and Gathering Information, Part 6: Merchandise Management and Pricing, Part 7: Communicating with the Customer, Social Media and Retailing
Tagged customer expectations, entrepreneur, experiential retailing, multichannel, Multichannel Merchant, National Retail Federation, opportunity, Rakuten, segmentation, shoppers, Valentine's Day
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Augmented Reality: “Magic Mirrors” Getting Even More Attention
As we have reported before in two different posts (1, 2), in-store augmented (virtual) reality has been garnering a lot of attention. Now, Great Britain’s Tesco can be added to the list of retailers that are trying out some form … Continue reading
Posted in Global Retailing, Part 3: Targeting Customers and Gathering Information, Part 6: Merchandise Management and Pricing, Part 7: Communicating with the Customer, Technology in Retailing
Tagged advertising, augmented reality, customer expectations, experiential retailing, kiosk, Magic Mirror, merchandising, multichannel, opportunity, Retec Interface, shopping, technology, Tesco, trends
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