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Author: Alison Raffalovich, Senior Corporate Communications Director

When you’ve got a concentration of the retail industry’s top minds all gathered in one place at one time, it pays to think ahead and have a camera on hand – then buttonhole these folks and get them talking. The result: focused, actionable insights that enable retailers to learn from their peers – especially when they’re driving results. We’ll be sharing those interviews over the next couple of weeks. Here’s one we really like:

Published in Price Optimization

Author: Alison Raffalovich, Senior Corporate Communications Director

When you’ve got a concentration of the retail industry’s top minds all gathered in one place at one time, it pays to think ahead and have a camera on hand – then buttonhole these folks and get them talking. The result: focused, actionable insights that enable retailers to learn from their peers – especially when they’re driving results. We’ll be sharing those interviews over the next couple of weeks. Here’s one we really like:

Published in Price Optimization

Author: Alison Raffalovich, Senior Corporate Communications Director

When you’ve got a concentration of the retail industry’s top minds all gathered in one place at one time, it pays to think ahead and have a camera on hand – then buttonhole these folks and get them talking. The result: focused, actionable insights that enable retailers to learn from their peers – especially when they’re driving results. We’ll be sharing those interviews over the next couple of weeks. Here’s one we really like:

Published in Price Optimization

Author: Alison Raffalovich, Senior Corporate Communications Director

When you’ve got a concentration of the retail industry’s top minds all gathered in one place at one time, it pays to think ahead and have a camera on hand – then buttonhole these folks and get them talking. The result: focused, actionable insights that enable retailers to learn from their peers – especially when they’re driving results. Here’s another interview we really like:

Responsive Pricing: The Journey to Now Q&A with Jeff Smith, Founder and EVP of Corporate Strategy for Revionics.

Published in Price Optimization

Author: Jeff Moore, Chief Science Officer, Revionics

In Part 1 of this blog, I discussed the macro-environmental pressures on retailers in Australia and worldwide, and how consensus at the Retail Leaders Forum is that agility favors those retailers who are successfully future-proofing. Here we’ll dive deeper into successfully adopting a responsive merchandizing model.

Published in Price Optimization

Author: Jeff Moore, Chief Science Officer, Revionics

Last week, I joined 300+ global retail leaders in Sydney at the 2016 Retail Leaders Forum, an annual gathering focused on a comprehensive examination of industry and consumer trends and an in-depth exploration of retail strategy for growth and innovation. 

It was an honor to share the stage with Launa Inman, former managing Director of Billabong, Target, and Officeworks; and Warren Hogan, Chief Economist at ANZ Bank for our Outlook Session, The Year Ahead: Evaluating the Prospects for Retail 2016. It was an opportune time to explore the trends impacting both economic and political enviroments shaping the retail market.

Published in Price Optimization

Author: Alison Raffalovich, Senior Corporate Communications Director

At NRF this year, Cheryl Sullivan, Senior Vice President of Product Strategy for Revionics, spoke with Retail TouchPoints’ Alicia Fiorletta about how retailers can avoid margin erosion by taking a more data-driven approach to pricing and promotions. She stated that it's critical for retailers to take advantage of the latest responsive merchandising science and technology innovations available in the market and to:

Published in Price Optimization

Author: Alison Raffalovich, Senior Corporate Communications Director

Retailers are under unprecedented pricing assault from aggressive online competitors, whether new entrants like Jet.com or established behemoths like Amazon.com.  And shoppers have unprecedented access to pricing on any item, anywhere, across all channels, 24 hours a day.

But innovative thinkers have paved the way to demonstrating how to implement targeted price optimization to support dynamic pricing, whether for etailers, brick-and-mortar companies, or omni-channel.

Published in Price Optimization

Author: Onn Manelson, CEO of Marketyze

In this era of price transparency, you would think that it’s easy enough for a retailer to convey its price image to potential customers. After all, price image is a reflection of a store’s average price level so managing the price also manages the price image – right? Like so many things in life, it turns out that it’s not quite so simple. In our blog post, 7 Facts Every Retailer Needs to Know About Price Image, which was recently featured by in the Furniture News January Issue, we discuss the factors that influence the retailer’s price image.

Published in Price Optimization

Author: Cindy Kim, Vice President Global Marketing

The democratization of data has caused a dramatic shift in power from the retailer to the consumer.  2016 must be the year that retailers restore balance. 

Today’s shoppers are always on the hunt for the best bargain – regardless of where the products are being sold – online or in store. The beauty of it all for them is that they now have an infinite universe of options to buy what they want at the price they want - online or in store.

Published in Price Optimization
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