Merchandising retail products online isn't easy given the number of products and the many options to feature them through customer journeys. But if you follow best practices, then the impact on conversion rates and average order value can be significant. This in-depth guide from ecommerce expert...
Integrated analytics platforms can create industrial-strength end-to-end visibility by bringing together insights from supply chain, merchandising, planning, and buying to enable a TCO view across the go-to-market process. These tools create a shared fact base to enable more cross-fun...
Dynamic pricing is a smart merchandising strategy that uses data analysis to adjust a product’s retail price in real-time. Instead of doing manual market research to uncover competitor’s retail pricing and applicable promotions, it uses BI to adjust prices based on factors like: Customer deman...
Sales training sharpens skills to increase sales, conversion rates and ensures that the employee is equipped to work on the sales floor. It covers everything from operating a POS to merchandising best practices. For example, if your retail sales training module is on merchandising, use visual aid...
The Art of Retail Buying will inspire you, motivate you and encourage you towards merchandising excellence!doi:10.1002/9781119199762Jacobsen, MarieLouiseJacobsen,Marie-Louise.《The Art of Retail Buying:An Insider’’’s Guide to the Best Practices from the Industry》. . 2009Jacobsen...
Oracle Retail Merchandising gives a single view of inventory Improve data integrity Use one central source for retail merchandising information. Gain visibility and accurate perpetual inventory to drive decisions on fulfillment, replenishment, allocation, sales auditing, trade management, and pricing. Provide...
Visual merchandisinghas been a central retail discipline that signs support. Businesses can create themedproduct displaysto encourage visitors into the store, then use signage to help customers navigate them easily. Depending on the size of your shop, you can use signs to visually break your store...
Our collection of retail resume examples and free guide is the perfect template to help you craft a compelling resume that stands out. Whether you’re an experienced retail professional or getting your first job, we have the tools you need to succeed!
80% of sales or profits—in the A category. The C category is for the least profitable or popular items, and the B category is for items in the middle. Retailers use this type of analysis to help determine future ordering as well as decisions on marketing, displays, and merchandising. ...
They also need to provide product information, keep track of promotional offers and handle merchandising. Using AI in retail can streamline the work of a store manager by automating back-office activities and using robotics for quality checks. The time saved can be effectively utilized for other ...