pricing

In 2018, Don’t Miss the Right Moment to Make a Pricing Move

It’s getting close to the end of the year, but you’re probably already planning for the 2018 holiday season. What can you implement now to help you achieve your financial goals next year? Change Pricing Strategies at Just the Right Time Imagine this scenario: You already have IBM WebSphere Commerce and need to have up-to-date […]

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Retail Pricing in the Age of Showrooming, Coupon Codes, and Black Friday

Your customers’ relationships with pricing are complicated. Today’s buyers are fraught with anxiety over getting the lowest price, driving trends like the chaos of Black Friday, extreme couponing, hundreds of apps for comparison shopping, showrooming, and avoiding hitting the purchase button until they’ve searched for online coupon codes. At the same time, retailers need to […]

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Does your pricing solution speak your language?

When you listen, what languages do you hear? Just think about it. I recently took a trip to Canada. During my trip I heard French, Spanish, Italian, and Japanese. As I did my touring and shopping, I needed to be able to pay in American dollars or in Canadian dollars. Everywhere I shopped, all the […]

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What do retailers want? The power to act faster.

One of my big take-aways at Shop.org is the appetite for a targeted solution to solve a specific challenge. Gone are the vague requests from retailers for help or something better than what they have. Absent are the inquiries about a complete platform solution. Instead, what I heard were specific, often detailed descriptions of issues […]

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Pricing rules and recommendations that never stop learning

It’s back to school time! Everyone is getting on-board with the school schedule, packing lunches, and getting on that bus. The kids are so excited about having a new teacher and meeting new friends. What if back to school time was easier? What if, it used Artificial Intelligence? What if, after 1st grade, your kids […]

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Dynamic Pricing makes your pricing activities easy all year long!

    Have you thought about Dynamic Pricing? It’s summer time and the days are longer.  Everyone is enjoying warm weather and evenings on the patio.  Some of you might be fretting over making pricing decisions.  Some days, you probably spend a lot of time reviewing and approving pricing that you know are correct.  How […]

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5 Challenges Retailers Face Giving Customers What they Want

The online shopping experience is evolving faster than ever before. Today’s omni-channel retailers — whether they’re an exclusively online shop or bridging digital and physical experiences — need to master a host of different elements that translate into a fluid, dynamic shopping experience. Digitally empowered consumers want seamless experiences across all touch points and expect […]

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IBM Dynamic Pricing: My favorite things

Every day, I am constantly trying to work smarter, not harder. I am always looking for the next new tool or gadget to help me save time. Let’s just say, I am a fan of a certain TV show for home shoppers. Sometimes I get a winner, like collapsible strainers in multiple sizes.  Or sometimes, […]

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IBM Dynamic Pricing: Make it your own (MIYO)

IBM Dynamic Pricing:   Make it your own (MIYO) MIYO, did you know this stands for Make It Your Own? Recently, I was hosting a birthday party.  I wanted to create customized items for the party.  I had a theme for the event.  I found a website and I uploaded my data and had some rules […]

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IBM Dynamic Pricing – It’s a bird, it’s a plane – no, it’s pricing at the speed of Dynamic Pricing

In our world today, it’s all about speed.  How fast is your internet? How fast did you respond to a text message? Who ran the fastest mile?  What if in your daily work life, we could make intelligently pricing your products easier and faster? Even better, what if you can have speed and you can […]

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Coop Danmark boosts sales and profitability with effective, data-driven markdown decisions

Some retailers view markdowns as a necessary evil to sell through inventory. When based upon estimates and calculations, experience and best guesses that’s exactly what they are. But retailers that use science, insights and analytics turn necessity into opportunity. Coop Danmark is one of Denmark’s largest retailers. Generating annual revenue equivalent to approximately USD11 billion, […]

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