Tagged: price management

product management

6 Realities of Managing Products That Can’t Be Ignored

Every retailer anywhere in the world has to grapple with managing products. Each retail operation is different, so there may be different techniques and different methods of managing these four aspects of your inventory,...

centralized product management

The Beauty of Centralized Product Management

Centralized product management allows you to manage your inventory efficiently, effectively, and profitably. Here are 5 ways centralized product management is better for your retail chain. Real-time inventory status – With centralized product management,...

price management and retail profits

8 Ways to Ensure Your Prices are Always Accurate

It’s frustrating for a customer to find the product they are looking or at their favorite retail store and see it marked with two different prices, or to get to the point of sale...

wholesale management

Are Wholesalers Retailers Too?

If you’re in the retail business, or wholesale business for that matter, it could be easy to forget that wholesalers and retailers have a lot in common. For instance, both must carry product in...

8 Types of Promotional Rules for Department Stores

When it comes to handling promotional rules, there are the simple rules and the more complex rules. Department store managers have an arsenal of tools available to them to encourage customers to buy more...

payment gateway

What to Look for in a Payment Gateway

A payment gateway, or e-commerce gateway, is an essential tool for any retail operation that plans to offer products through an online store. Whether your retail operation is an online-only storefront or you have...

retail merchandising operations

Improve Merchandising With One Solution

Retailers, online and brick-and-mortar, can improve their merchandising operations just by adding one solution to their operations. Here’s how to make your merchandising practices better. Product lifecycle management – Control your inventory and manage...

6 Ways to Manage Retail Prices Better

Unless you manage your retail prices optimally, you’ll have a hard time being profitable. No matter what kind of retail operations you run, manage the prices of your products is paramount. Here are six...

specialty retail

Is Specialty Retail Really Any Different?

Specialty retailers have their own ways of doing things. There’s some truth in that. But retail is still retail. You have customers, you have to drive traffic to your stores, and you’ve got to...

wholesale management

Wholesalers: Move More Inventory

Moving inventory is the name of the game in wholesale. You want to move as much inventory as quickly as possible. That’s how you stay in business. So what do you do to move...

%d bloggers like this: