Dynamic Pricing

Preparing Optimal 2022 Retail Strategies With Data-Driven Pricing
January 12, 2022 at 4:24 pm

The once-familiar cadences of retail prices and promotions — quarterly or even annual rhythms, with perhaps just minor variations on prior years’ assumptions — are a distant memory today. The retail landscape has become almost unrecognizable as shoppers flock to online channels, demanding 24/7 complete price transparency, along with a wider array of competitors. Retailers…

Why Dynamic Pricing is Retailers’ Answer to Tariff Hikes
October 2, 2019 at 11:12 am

A new survey about the impacts of product tariffs from Intelligence Node, a proven innovator in retail analytics technology, reveals that consumers are concerned that retail prices will soon be on the rise. More than 1,000 respondents took part in sharing their sentiments on impacts to retail pricing as a result of new tariffs going…

How Direct-to-Consumer is Driving the Need for Real Time in Retail
June 11, 2018 at 2:38 pm

Real time is taking over the way retail operates. When consumers make decisions, they act fast, and the companies that are able to keep up with them are the ones that are dominating the industry. As Charles Darwin said, “It’s not the strongest of the species that survive, nor the most intelligent, it’s the one…

4 Pricing Strategies to Help You Beat Amazon This Holiday Season
December 18, 2017 at 12:07 pm

With the holiday season upon us, it figures to be a busy time for retailers. According to the National Retail Federation's (NRF) October Consumer Survey, consumers spend this holiday season 3.6 percent to 4 percent more than last year, or $678.75 billion to $682 billion. Furthermore, 59 percent of shopping will be done online, the…