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Category Archives: Part 6: Merchandise Management and Pricing
Technology and Retailing: Looking Ahead to 2013
Look at this infographic from eTail for some insights about what to expect in 2013.
Posted in Part 2: Ownership, Strategy Mix, Online, Nontraditional, Part 3: Targeting Customers and Gathering Information, Part 5: Managing a Retail Business, Part 6: Merchandise Management and Pricing, Part 7: Communicating with the Customer
Tagged 2013, forecast, infographic, multichannel, opportunity, retail analytics, success, technology, trends
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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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