How to manage inventory while keeping up with customer demand

Published on Tuesday, April 9th, 2019 by Cristina Autino
April 9, 2019 Pricing: this is an issue any company struggles with, whether it’s big or small. Lots of care, thought, and deliberation is put into your product, so naturally, ...

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Dynamic pricing for retail: smart retailers have smart pricing

Published on Tuesday, March 5th, 2019 by Cristina Autino
March 5, 2019 As competition continues to heat up and giants like Amazon gobble up market share, the pressure is mounting on retail executives to find new means of growth. ...

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How the grocery pricing wars may impact your business

Published on Tuesday, November 20th, 2018 by Cristina Autino
November 20, 2018 Grocery stores are beginning to seek alternatives to pricing battles, the constant struggle to beat competitors’ prices. Small and large grocers alike are striving to master big ...

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Markdowns as a signal of suboptimal processes

Published on Tuesday, October 30th, 2018 by Cristina Autino
October 30, 2018 When inventory is increasing, but so are out-of-stocks, finding the right software is critical to making sure you have the right inventory, in the right amount and ...

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What does elasticity actually measure?

Published on Tuesday, July 24th, 2018 by Cristina Autino
July 24, 2018 In classical terms, elasticity is simply a link between price and volume. The more an item’s sales volume changes in response to changes in price, the more ...

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Four key factors in advanced market tracking

Published on Thursday, July 5th, 2018 by Cristina Autino
July 5, 2018 The process of tracking item sales used to be fairly straightforward. Add up the total sales in each location, factor in price changes, subtract any discounts and ...

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“Willingness to pay” as probability

Published on Tuesday, July 3rd, 2018 by Cristina Autino
July 3, 2018 Every purchase decision is based on the perceived value of the item in question. This perceived value fluctuates according to a wide range of factors, from competing ...

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A tale of 2 sandwiches

Published on Tuesday, November 21st, 2017 by Cristina Autino
November 21, 2017 Cheese and Onion or Egg and Cress? Who is the winner in the markdown wars?  Tweet This Once upon a time there were two sandwiches sitting on a ...

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