Does Your Business Have a Retail Pricing Problem?

Today’s blog comes from guest contributor Ryan Kinzy, managing partner of DoubleBlaze Consulting. DoubleBlaze is a JDA partner working with retailers to improve their lifecycle pricing processes and helping them realize increased profits. A longer version of this article originally appeared on the firm’s blog. When we engage with retail prospects for our consulting services, the first thing…

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The Key to Successfully Syncing Retail Price Planning and Execution

We know that keeping up with customer needs and delivering on shoppers’ expectations are among the biggest concerns retailers have today. And as companies come under pressure not only from changing shopper demographics and the impacts of technology, the holy grail for retailers today is using technology to better understand customers and give them shoppers…

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Can Hospitality Pricing Guide Retail Dynamic Pricing?

Last year Kingfisher’s CEO, Ian Cheshire famously said that “retailers could soon be using ‘dynamic pricing’ in the same way that airlines and hotels do.” His argument was that electronic shelf-edge pricing in stores would allow retailers to display to-the-minute prices across stores, something that one of his companies, Castorama already does, and he plans…

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How Disruptive Technologies in Hospitality Will Shape 2013 and Beyond

Over the recent few years consumer behavior has changed dramatically. Easily available information coupled with the continued economic turmoil has made today’s consumers extremely discerning in their choices around travel. Hoteliers in turn, with access to the same data, have to fight harder to win customers’ loyalty.  Just relying on standard approaches to marketing or…

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