The Changing Nature Of Retail: Planting The Seeds For Sustainable Growth - Precision Retailing
- Topics:
- Growth,
- Price Optimization,
- Pricing Strategy
- Source:
- Deloitte Development
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Overview: Sophisticated retailers know precision retailing as an analytics-driven approach for improving product assortments, pricing, and promotions. Now, new tools are making possible the analysis of an even greater wealth of data - not just Point of Sale (POS) and Stock Keeping Units (SKU) data, but also information on demographics, competitors, and even potential customers. The result - enriched merchandising insights - can mean a bigger boost in customer conversion and profitability in the store and across multiple channels.
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Format: PDF | Size: 459KB | Date: Oct 2007 | Pages: 12
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