White Paper
JDA Software Identifies Proven Pricing Strategies For Retailers To Drive Measurable Top And Bottom-Line Improvements
Source: JDA Software
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•White Paper: JDA Software Identifies Proven Pricing Strategies For Retailers To Drive Measurable Top And Bottom-Line Improvements
By JDA Software
With their profit and revenue goals on the line, retailers are striving to build stronger bonds with their customers. A strategy gaining notice with leading retailers is consumer-centric pricing and promotions. Early adopters are pricing and promoting items according to local demand, consumer demographics and other factors to maximize value. These retailers are connecting any price changes back into their demand plans to ensure that inventory is readily available for customers to purchase.
Pricing and promotional processes have a direct and immediate impact on bottom-line performance, yet too many retailers still use dated zone or corporate price strategies along with disparate systems or spreadsheets to execute. Indications show that there is a growing demand among retailers for price optimization solutions that link promotional planning, price determination and advertising execution with localized consumer preferences and competitive activity for the best practices in lifecycle pricing. Click Here To Download:•White Paper: JDA Software Identifies Proven Pricing Strategies For Retailers To Drive Measurable Top And Bottom-Line Improvements
