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Omnichannel Pricing: Changing the Game for Brands and Retailers

G2

Consumers today insist on making the retailer come to them, online or offline, flipping this long-standing relationship on its head. To survive this new dynamic, a brand or retailer must approach multi-channel pricing to prioritize growth, profit, and customer loyalty.

Retail 52
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How to build trust and loyalty in retail with reception marketing

Martech

Retail brands must seamlessly mesh into and be present throughout the customer journey to remain useful to consumers. This is especially true in the retail industry, where establishing trust means delivering relevant, comprehensive answers to the consumer’s concerns and interests. What is business casual?” “How How to shrink jeans.”

Retail 103
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Cooler Screens expands in-store retail media presence

Martech

Their technology has previously been used to provide video screens for refrigerator doors at Walgreens and other retailers. For retailers building out their retail media networks (RMNs) for advertisers, more screens in key positions throughout the store can produce more ad inventory. Why we care. Get MarTech! Processing.

Retail 91
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Episode 23: Using Data to Build a Wholesale and Retail Network for Nectar and DreamCloud Mattresses

Spiro Technologies

Bob McCarthy: We have that ability if the retailer is willing to share data with us, and we have probably about 20% of our transactions now, we do share. Right, so it’ll get smarter as we feed more data into it, and then we can provide data back to the retailer. We want to sell ’em through retail as well!”

Retail 52
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Omnicom’s Flywheel acquisition signals the start of a revolution

Martech

Retail media is hard, but worth it. In Belsky’s view, the acquisition is a sign that the big holding companies — the Omnicoms, Dentsus, WPPs, etc — have finally recognized the critical importance of digital commerce and retail media advertising and are playing catch-up. It’s advertising as utility.

Retail 104
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Ecommerce sets new Prime Day record, up 6.1%

Martech

Prime Day discounting was down 15% YoY (meaning higher prices as compared to the list price). Inflation is also a likely reason why the average selling price for Prime Day was up 8% YoY. The data from Adobe Analytics found a lower percentage for apparel discounts at 12% off the listed price. Retail Media Networks.

Retail 89
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The Ultimate Guide to Pricing Strategies

Hubspot

Setting prices for your products can be tough. Set prices too high, and you miss out on valuable sales. Thankfully, pricing doesn’t have to be a sacrifice or a shot in the dark. There are dozens of pricing models and strategies that can help you better understand how to set the right prices for your audience and revenue goals.

Price 98