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Webinar outlines advanced tactics for successful price optimization with ESLs
This fall, Pricer presented a webinar hosted by industry thought leader Chris Field, retail analyst and chairman of Retail Connections, Anastasia Laska, VP of Business Development & Partner Alliances at Revionics, and Duncan Potter, CMO at Pricer. The webinar focused on how advanced tactics for optimizing prices can affect the bottom line and create strong competitive advantages for retail ...
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From price management to in-store digitalization leader
For nearly 30 years, Pricer has developed and introduced a constant stream of innovative technologies, products and solutions to the retail market. But despite this, Pricer is still primarily recognized for its in-store price management solutions. While this is an area where we are a global leader, the breadth of use cases nowadays also reinforces why we have become a leading partner for any ...
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Think beyond barriers and masks for a safe in-store experience
The U.S “worry index”, showing how concerned consumers are about COVID-19, was at 29 percent during autumn 2020, nearly matching its original high point at 30 percent in March 2020, according to the Dunnhumby Consumer Pulse Survey. At the same time, another survey from Mood Media, shows that 38 percent of consumers are too nervous to visit non-essential retail, instead increasing their use of ...
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Dynamic pricing embraced by brick-and-mortar stores
Brick-and-mortar stores are embracing dynamic pricing to compete with online retailers, and experts say consumers are more receptive to changing prices than they think. This is the conclusion that Mark Ellwood draws in his article in Business Insider on September 23, 2020, where he interviews Nils Hulth, CPO at Pricer, and Aggelos Stefanou, Intersport’s IT Supervisor in Greece, Cyprus and Balkans.
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White Paper: Near-field communication (NFC) in retail
Because of the prevalence of smartphones and their direct usage in retail environments, near-field communication (NFC) has attracted a lot of interest from retailers. The technology enables a range of enhanced user benefits such as easily accessible product information and at-shelf payment capabilities.
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VAT Reduction Leads to Massive Price Changes for German Retailers
In order to stimulate the German economy, which was badly hit by the corona pandemic, the German government has decided to lower the VAT rate. It is a temporary reduction for the period during the second half of 2020 from 19% to 16% (respectively 7% to 5% for services subject to reduced VAT).
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The Age of Automation
The number of retirement-age Americans who work in retail has increased steadily since the 2008 recession, resulting in nearly one-quarter of retail workers being 55 or older*. This creates a demographic vulnerability for stores, who will be recruiting replacements in the years to come.
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Last mile changed before COVID-19 – but now it might be permanent
There is tremendous disruption in retail following COVID-19 and while the pandemic has changed both consumer demand and preferences, many of these changes where well underway before COVID-19, only to be quickly accelerated by the pandemic.
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Saving time and increasing efficiency with an advanced click and collect solution
Many retailers have examined or researched Click & Collect solutions. However, in the middle of the current COVID-19 health crisis many stores remain closed or are enforcing limited times and numbers of shoppers to ensure the safety of their staff and customers as well as compliance with government-mandated lockdown rules. This has led to a focus on curbside pickup capabilities.
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Jury for the Digitized Store of the Year
For the third year, Pricer is a member of the jury for the annual award Digitized Store of the Year. For Pricer, it is important to highlight the best digitization practices as it contributes to better customer experience and streamlines the work in the stores.
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