In order to facilitate strategic decision-making in the areas of digital transformation and data-driven retailing, we have developed a strategic matrix that includes both dimensions, providing a solid foundation for data-driven retailing, and our suggested maturity model is designed to emphasize the importance of using data in the decision-making process of retailers' manpower, in operational perspective. It is essential for managers when evaluating the digital level of a process or unit to consider how data is being utilized. By doing so, they can identify gaps in their data-driven decision-making processes, which can then be addressed through the implementation of strategies to improve digital maturity.
We started our expansion to Latin America initially in Perú with SmartPricing, our price management software that increases the gross margin between 5% and 15% guaranteed depending on the selected product category.
The tool has an interface in English and in the coming weeks it will also be available in Spanish for the convenience and practicality of the local Latin American market.
In analyzing a company's stock price, executives may be seeing only part of the picture. We have devised an approach that allows executives to gain a clear outlook on both the current and future components of their company's share price.
Every brand wants to get their product on store shelves BUT the strategies most brands use today take the retailer relationship for granted. They overlook the true potential you have to exponentially grow your brand.
This difference between cheap and free is what venture capitalist Josh Kopelman calls the "penny gap." People think demand is elastic and that volume falls in a straight line as price rises, but the truth is that zero is one market and any other price is another. In many cases, that's the difference between a great market and none at all.