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How Amazon Uses Six Sigma and You Can Too
In some cases, the term “Six Sigma” is cryptically applied to describe a measure of quality adopted by a business organization. Truth be told, there’s a lot more to Six…
Predicting Consumer Demand this Holiday Season with Tariffs Looming
Intelligence Node recently published a study in partnership with Dynata, surveying more than a thousand US consumers about their thoughts on retail pricing, holiday sales, and how the US-China Trade…
10 Tested eCommerce Pricing Strategies for Long Term Profitability
The eCommerce landscape is growing tremendously in the post-pandemic economy. Infact, in 2021 the number of online stores exceeded 24 million globally with thousands of new stores being set up…
Competitive Pricing Strategy – See How Products Are Priced
An effective pricing strategy is essential to help a business maintain competitive pricing, such that it may set and offer prices that are in line with competition. A business can…
Zalando: A Lesson in Retail Pricing and Merchandising
In the competitive world of fashion retail, getting ahead of the pack with consistent spikes in revenue is no easy task. And yet, German-based Zalando has done exactly that with…
5 of the Best Penetration Pricing Examples
In a market heavily driven by consumer trust and brand loyalty, many consumers are reluctant to switch brands or try new products. The barriers to entry in a retail market…
How To Drive Price Perception and Deliver the Walmart Value
With industry leaders like Walmart, Amazon, and Target setting the standard, matching your prices in real-time is becoming an increasingly difficult task. These big-name brands shrewdly utilize powerful proprietary algorithms…
Smarter Assortments Are The First Step Towards Sustainability
With the current state of the retail landscape, merchants everywhere would be wise to take a long, hard look at their business models. Generally speaking, the reason for doing so…