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5 Key Predictions for Black Friday Sale 2022
Online sales rose 9% in the US to $257 bn in 2021. Though relatively modest, it was the highest growth witnessed since the pandemic. With looming inflation and recession, 2022…
The Role of Web Scraping in Modern Retail
Table of Contents: What is web scraping Types of web scrapers How do web scrapers work Uses of web scraping in retail How to pick a web scraping tool Final…
Proven Right: How Our Trend Forecasting Model Went From Probability to Actuality
Intelligence Node’s Probability of Future Success model is an effective ‘Limited Memory’ model that forecasts trends and attributes with a high probability of performing well in the future based on…
A Retailer’s Guide to Competitor-based Pricing
In this article, you will learn about competitor-based pricing and its pros and cons. You will understand its types and how it differs from alternative pricing strategies.
Digital Commerce Data Mining – Data Acquisition in Retail
We are starting a new series on the practical applications of data science in retail called, “Digital Commerce Data Mining”. The first article in the series is ‘Data Acquisition in Retail…
The ABC’s of Promotional Pricing for a Successful Retail Business
Understanding Promotional Pricing and its Common Usage Regardless of whether we as marketers or consumers immediately recognize the phrase, promotional pricing has long since had its place in the commercial…
Luxury’s Success Against All Odds
Content Summary: Luxury’s Aversion to eCommerce The Growth of Online Luxury Retail The Journey of Net a Porter and Farfetch The Pandemic and Rapid Switch to Digital Price Markups among…
7 Ways to Drive Retail Growth as Inflation Peaks in the US
The ongoing Russia-Ukraine war, supply chain issues, surging demand, rising production costs, and the disruption caused by COVID-19 have all contributed to the inflation that has hit the US market…