Retail Sales Posted on Oct 31, 2019 Retail Budgeting: 3 Key Capabilities to Build During Economic Uncertainty The current state of global retail is teetering on a cliff. Between the U.S. – China trade war, progressively stumbling sales figures, and the looming threat of recession, retailers everywhere…
Merchandising Posted on Oct 31, 2019 Why Visual Merchandising Matters More Than Ever BOOM! That’s how immediate the impact of visual merchandising is on retail shoppers – and why compelling visuals are a strategic asset in omnichannel retail. Visual merchandising presents a retailer’s…
Product Pricing Posted on Oct 17, 2019 How to Use the Price Quality Matrix to Optimize Your Product Pricing Agile product pricing strategies is one of the biggest questions retailers face for a reason. The relationship between an item’s price and its quality — and perceived value to consumers — is…
Artificial Intelligence Posted on Oct 9, 2019 4 Critical Factors Behind Retail’s AI Acquisition Spree This article was first published on Forbes on Apr 3, 2018, and is authored by Intelligence Node CEO Sanjeev Sularia in his capacity as a member of the Forbes Tech…
Merchandising Posted on Oct 3, 2019 Assortment Planning – The Holy Grail of Merchandising With retail transitioning into a consumer-driven business faster than ever, issues like determining the best product mix and inventory size are of strategic importance to a retailer looking to cash…
Ecommerce Posted on Sep 19, 2019 How Amazon Uses Six Sigma and You Can Too In some cases, the term “Six Sigma” is cryptically applied to describe a measure of quality adopted by a business organization. Truth be told, there’s a lot more to Six…
Pricing Strategy Posted on Sep 5, 2019 10 Tested eCommerce Pricing Strategies for Long-Term Profitability With global online retail sales projected to exceed $6.4 trillion by 2025, the eCommerce landscape has become increasingly saturated. In this high-risk environment, pricing is no longer only a financial calculation; it is a…
Pricing Strategy Posted on Aug 22, 2019 Competitive Pricing Strategy – See How Products Are Priced An effective pricing strategy is essential to help a business maintain competitive pricing, such that it may set and offer prices that are in line with competition. A business can…