Elizabeth Sam Expert Data Scientist This is the first in a series of blogs pulling back the curtain on Impact Analytics ForecastSmart™ AI-based demand forecasting software. To state the obvious,...
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To thrive in an environment of ever-changing market dynamics and consumer preferences, and the outsize and growing influence of e-commerce giants, retailers need tools that enable them to adapt quickly...
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Market trends are constantly changing, making it challenging for businesses to keep up and maintain a competitive edge. Companies must be able to quickly adapt to these fluctuations in order...
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Setting the right price is not as simple as it seems. It's more than finding a price that customers are willing to pay; it's also about aligning with your company's...
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Retail price optimization software is vital for retailers seeking to maximize sales, margins, and profit, as well as consumer satisfaction and loyalty. Strategies Enabled by Retail Price Optimization Software Strategy...
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Why is the market for retail price optimization software projected to reach US$2.38Bn in 2027? Because utilizing such programs are essential for retail success such as increasing profits, making clients...
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To address the complexity of accurately stocking the right mix of items in various sizes, colors, and gender variations—and better understand customer preferences so you more effectively cater to their...
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Josh Pollack VP, Implementation and Business Development Here, in the third and final installment of my three-part blog series outlining the markdown optimization process for retailers using manual methods, I...
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Josh Pollack VP, Implementation and Business Development Welcome to this blog for determining liquidation percentage, the second installment in my three-part series outlining the markdown optimization process for retailers using...
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Josh Pollack VP, Implementation and Business Development Many retailers just are not able to take advantage of today’s advanced pricing analytics tools for managing markdowns. Whatever their reasons—some will lack...
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Josh Pollack VP, Implementation and Business Development Even if you’re a seasoned retailer well-steeped in retail analytics, it’s instructive to review the retail pricing basics every now and again Why...
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Josh Pollack VP, Implementation and Business Development Retailers have long focused on promotional forecasting and management due to competitive pressures and their inability to efficiently manage inventory. That was true...
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