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Redefining Product Attribute Tagging With AI-Powered Retail Domain Language Models
Find out how AI-powered retail domain language models are transforming product attribute tagging. Learn how DataWeave’s advanced tagging solutions optimize product catalogs, enhance search accuracy, and drive conversions in eCommerce by ensuring comprehensive, precise product data.
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Mastering Grocery Pricing Intelligence: A Strategic Approach for Modern Retailers
Learn how grocery retailers are leveraging advanced pricing intelligence to stay competitive and boost profits. From data collection to AI-driven insights, discover how DataWeave’s solutions empower smarter, proactive pricing strategies for sustainable growth in a volatile market.
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Normalizing Size and Color in Fashion Using AI to Power Competitive Price Intelligence
Explore how AI-powered size and color normalization in fashion enables apparel brands to enhance competitive price intelligence. Find out how advanced algorithms simplify tracking size and color variants across retailers, improving pricing strategies and maximizing market share.
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Mastering Fuel Price Competitiveness: How First-Party Data Outperforms Third-Party in Pricing Accuracy
Learn how fuel retailers can gain a competitive edge by switching from error-prone 3P pricing data to 1P sources, with new research showing 24.4% higher accuracy and real-time insights for better pricing decisions.
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The Complete Guide to Competitive Pricing Strategies in Retail and E-commerce
What exactly is competitive pricing? And what do you need to succeed with this pricing strategy in retail and e-commerce? Find out now.
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The Essential Price Management Framework for Retailers in 2024
As a leader with over 20 years of experience leading pricing strategy at a major US grocery chain, I deeply understand the complexities pricing teams face when trying to derive, quantify, and execute corporate pricing initiatives. Providing insights into the competitive marketplace in order to ensure the overall success of directed pricing strategies is more…
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Do Amazon’s Competitors Lower Prices During Prime Day?
Uncover the strategic pricing moves of major retailers during Prime Day 2024. Essential reading for retailers seeking to optimize their pricing intelligence and competitive edge.
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Competitor Price Monitoring in E-commerce: Everything You Need to Know in 2024
Every business needs product price monitoring to stay competitive. Understand the benefits, key strategies, and essential price monitoring software features.
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Amazon Prime Day Pricing Trends 2024: Deals and Discounts Galore Across Categories
Amazon Prime Day 2024 has once again shattered records, with more items sold during the two-day event than any previous Prime Day. Prime members worldwide saved billions across all categories, while independent sellers moved an impressive 200 million items. At DataWeave, we conducted an extensive analysis of the discounts offered by Amazon across major categories.…
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Cracking the Code: How Retailers Can Adapt to Plummeting Egg Prices in 2024
Learn retail strategies to maintain profit margins and customer loyalty despite unstable egg prices.
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Using Siamese Networks to Power Accurate Product Matching in eCommerce
Retailers often compete on price to gain market share in high performance product categories. Brands too must ensure that their in-demand assortment is competitively priced across retailers. Commerce and digital shelf analytics solutions offer competitive pricing insights at both granular and SKU levels. Central to this intelligence gathering is a vital process: product matching. Product…
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Why Strategic Competitive Insights Are Key to Optimizing Your Product Assortment
Find out how DataWeave’s Assortment Analytics provides retailers with insights to strategically curate the perfect product mix, identify strengths/gaps, track top-sellers, and align assortments with customer demand.
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Cinco de Mayo 2024 Pricing Insights: An Analysis of Discounts Amid Inflation
Explore the intricate dynamics of Cinco de Mayo pricing, and inflation impact in this comprehensive analysis. Find out how retailers strategize to attract consumers, navigate inflationary pressures, and capitalize on this vibrant celebration of Mexican-American heritage.
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How Monitoring and Analyzing End-User Prices can Help Retailers and Brands Gain a Competitive Edge
Accurate pricing intelligence is crucial for retailers and brands in the eCommerce arena. Discover why tracking the “end-user price” – the true cost to consumers after discounts and fees – is essential for enhanced pricing strategies.
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Augmenting AI-powered Product Matching with Human Expertise to Achieve Unparalleled Accuracy
Find out how the power of AI and human validation can drive precise product matching. Discover how DataWeave enhances product matching to enhance your pricing strategies.
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Easter Candy Pricing Trends 2024: Winning Strategies for Retailers and Brands Amid Cocoa Price Surge
The cocoa crisis is driving up chocolate and candy prices, impacting Easter sales. Learn how major retailers like Kroger, Target, Giant Eagle, and Amazon are combating inflation with strategic discounting, bundling, and pricing tactics.
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How DataWeave Enhances Transparency in Competitive Pricing Intelligence for Retailers
Unlock transparent pricing strategies with DataWeave! Elevate accuracy, freshness, and coverage in competitive intelligence. Manage matches independently for retail success. Learn more!
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Why Unit of Measure Normalization is Critical For Accurate and Actionable Competitive Pricing Intelligence
Find out how Unit of Measure Normalization ensures products are matched appropriately, resulting in highly accurate and actionable competitive pricing intelligence and insights for retailers.
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Revolutionizing Fuel Pricing: How Fuel Retailers and Convenience Stores Can Gain a Winning Edge with DataWeave
Learn how you can transform your retail fuel pricing strategies with the world’s most accurate, comprehensive, and real-time fuel pricing intelligence solution.
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Backpacks to Binders: Examining Back-to-School Price Hikes in 2023
Our analysis of the back-to-school category across major retailers reveals an average price surge of 9.8% in 2023.
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UK Grocery Pricing Wars in 2022! A quick look at Pricing Data we gathered from 5 Grocery retailers in the UK
Understand the insights on who is winning the grocery pricing wars in the UK fought by 5 giant grocery retailers from the DataWeave blog. Read now.
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U.S. Prime Day Deals 2022: Promotion Intelligence First Look
As inflation hits another 40-year high at 9.1 percent, U.S. consumers geared up for their first sign of hope and relief in the form of anticipated discount buys – 2022 Amazon Prime Days, or so we thought. While Prime Days have grown to become a promotional period almost as important as Black Friday to digital…
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Feminine Hygiene Products Face Supply Chain Shortage and Price Increases
Last week the DataWeave analytics team identified the states most impacted by the baby formula shortage, only to see feminine hygiene products following similar trends with price increases occurring alongside a supply chain shortage. In this analysis, the team has identified over four hundred feminine hygiene products made available across eighteen retailer and delivery intermediary…
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Baby Formula Shortage Continues Alongside National Price Increases – June 2022
As the baby formula shortage continues, retailers and brands are working quickly to meet evolving consumer demand, considering supply chain driven headwinds, a baby formula recall, and inflationary-driven impacts. The DataWeave analytics team has actively tracked marketplace changes, alongside reports from the FDA, for the baby formula category at a state-level, and has shared the…
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eCommerce in South Africa: Data-Driven approach to getting ahead
About 70% of South Africans shop online once a month resulting in a massive growth of eCommerce in South Africa. Know how to tap into this growth from DataWeave.
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How Inflation has hit the Retail Industry
The Impact of inflation on the retail industry has affected the cost of living for various families. Here are the 5 important strategies to help counter inflation from dataweave.
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eCommerce Performance Analytics for CPG Private Label
The combination of economic uncertainty, inflation, and perceived affordability has increased consumer’s willingness to buy and try more private label products, challenging National brands to differentiate their eCommerce strategies, especially those related to price positioning, in other ways. Our previously released report, Inflation Accelerates Private Label Share and Penetration, confirmed 8 out of 10 brands…
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UK’s Biggest Sale Days: What we saw in 2021 and trends for 2022
Customers love discounts, and promotions are the most effective way to attract shoppers and increase sales during the holiday season and clearance sales. Know more!
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Valentine’s Day eCommerce Insights
Access to these types of real-time digital marketplace insights can enable retailers and brands to make strategic decisions and help drive profitable growth in an intensifying competitive environment. Be sure to reach out to our Retail Analytics experts for access to more details regarding the above analysis.
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Quick Commerce in 2022: An Era of Hyperlocal Delivery
Know about the importance of quick commerce or Q-Commerce & its benefits, also read about factors to consider for quick commerce and how to implement them
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2021 Cost-Push Inflationary Trends Ran Rampant, Impacting Holiday Discounts
Business has been anything but usual this holiday season, especially in the digital retail world. The holiday hustle and bustle historically seen in stores was once again occurring online, but not as anticipated given the current strength of consumer demand and the reemergence of COVID-19 limiting in-store traffic. While ‘Cyber Weekend’, Thanksgiving through Cyber Monday,…
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Importance of Image Recognition in the Retail Industry
Image recognition helps retailers to get more real-time visibility and help to increase sales for their store. Learn more about Image Recognition and its importance.
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Are Your Digital Shelves Prepared for Green Monday?
Green Monday falls on the second Monday of December and has historically been one of the greatest sales days of the year for eBay, often attracting last-minute shoppers. Our team has been actively monitoring activity on this day from 2017 through present, to assess which retailers participate in the event, but also to understand how…
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Manage Your Supply Chain Like a Pro
Supply chain management will be the success key for brands & retailers. if you want to develop a process that is faster, you have to improve your supply chain strategy.
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Top 7 AI tools for your eCommerce business
7 Artificial Intelligence (AI) and Data Tools for your eCommerce business growth in 2022. Read the blog to know more about Data Warehouse and other AI tools.
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2021 Cyber Weekend Preliminary Insights
The exponential growth of eCommerce has forever changed holiday shopping as we know it. What was once led by the launch of Cyber Monday in 2005, has since expanded to ‘Cyber Five’ in 2018, now spans beyond an eight-week period, and is collectively the busiest digital shopping period of the year. Most retail websites have…
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Top 10 Retail Analytics that You Must Know
Retail Analytics help merchants to understand their customers, how to increase sales, and much more. Here we share 10 facts about retail analytics that you must know.
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Gold, Gift Hampers & Gadgets – brands that sparkled this Diwali!
Celebrate Diwali with a smile & make this shopping season in India count by purchasing crackers, chocolates & sharing Diwali gift hampers with your loved ones.
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G2 recognise DataWeave as Leader and High Performer in 2021.
G2 is the world’s leading B2B software and services review platform has named DataWeave the Leader and High Performer in E-Commerce Analytics and Multi -Channel Retail
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Prep, Prime and Plenish For Prime Day India 2021
After demonetization, Covid-19 has probably been one of the worst scenarios for the retail sector in India. The entire nation went into lockdown and the industry noticed some big changes around the entire globe. From remote working to shopping, everything turned to digital and Bharat witnessed new trends across payments, e-commerce, and more. Not surprisingly,…
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Dazzle Dad With Electronics & Home Goods for Father’s Day
This year, shoppers will skip neckties and celebrate Dad with gifts for his home office or man cave.As our personal and professional lives grow increasingly digital and tied to our homes, retailers face new seasonal sales opportunities. Retailers whose assortments contain in-demand electronics and home products can drive more e-commerce sales revenue and gain a…
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As Value Shopping Soars, Pricing Matters More
The pandemic’s profound economic impact sparked a surge in value shopping. Between February and December 2020, 10 million Americans lost their jobs.1 Due to the pandemic, 36% of lower-income adults and 28% of middle-income adults lost a job or took a pay cut (vs. 22% of upper-income adults). In addition, less than a quarter of…
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Similarity matching keeps retailers competitive: Know your rivals
Soaring e-commerce growth has made retail more crowded, complex and competitive. Now retailers face an urgent need to keep an eye on more rivals with potential substitute products to maximize their own e-commerce growth. Consider these recent figures, which illustrate online shoppers’ abundance of product choices: 24% year-over-year increase in direct-to-consumer (DTC) brands in the…
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Black Friday Prices Wowed Fashionistas
Retailers really wanted to dress us up this holiday season. This year’s Black Friday and Cyber Monday fashion pricing trends reflect how retailers have responded to the pandemic’s influence on apparel shopping to boost their resilience and competitiveness. For instance, since most consumers now cocoon at home, few of us are likely to splurge on…
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How Essential Goods Have Shaped Retail Strategies
The rapid evolution in essential goods is rattling retail. That’s because the COVID-19 pandemic has dramatically changed shopping habits and retail necessities, leading to unpredictable shifts in demand. Most notably, U.S. e-commerce has surged by an astonishing 45% year-over-year, as the pandemic accelerated online shopping by five years.[1] Since more consumers now work and learn…
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How Prime Day 2020 Deals Influenced Retail Pricing Strategies
Our preliminary analysis reveals that Prime Day 2020 motivated Amazon’s rivals to offer deeper discounts in key categories to try to make their merchandise more magnetic and lure consumers away from the e-commerce giant. This year’s Prime Day is momentous, as the COVID-19 pandemic has encouraged more consumers to make online shopping a more regular…
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Introducing the CPG Brand Monitor by DataWeave
As DataWeave continues to engage with brands and manufacturers of all sizes, a consistent theme keeps emerging, “click and collect tracking”. Right now, brands rely on manual-store checks or waiting upwards of two weeks for a retailer to report sales data, which reveals low sales because a product is out of stock. In addition, there…
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JioMart Launches Online Grocery Store
JioMart, the online channel for Reliance Retail Limited, launched in December 2019 as a contender in the e-grocery segment. Currently in India, this segment is being dominated by bigbasket, Amazon, Flipkart Supermart, Grofers, etc. After less than a year and from their initial launch in Mumbai, they now have their presence in 205 cities across…
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Coronavirus Outbreak: Impact on E-Commerce Retailers and Consumer Brands
The Coronavirus, otherwise known as COVID-19, has made landfall on U.S. shores. At the time of writing this article, there are over 230 confirmed cases in the country and 12 deaths. The growing unease about the virus, which has quickly accumulated 95,000+ confirmed cases globally, has, among other things, adversely affected businesses and stock markets…
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Black Friday 2019 Pricing for Online Furniture
For today’s shoppers, instant gratification is the need of the hour. It’s, therefore, no surprise that furniture e-retail has been picking up steam over the last decade. What was once a norm to physically touch and feel before making a purchase, is now just a few clicks away. Retailers have bridged the gap by making…
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Compete Profitably in Retail: Leveraging AI-Powered Competitive Intelligence at Massive Scale
AI is everywhere. Any retailer worth his salt knows that in today’s hyper-competitive environment, you can’t win just by fighting hard – you have to do it by fighting smart. The solution? Retailers are turning to AI in droves. The problem is that many organizations regard AI as a black box of sorts – where…
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6 Smart Pricing Strategies for eCommerce Success
Over the last decade, the proliferation of e-commerce and the consequent surge in competitiveness among retailers has brought focus to one of the most critical drivers of success in online retail: pricing. According to McKinsey, an average 1% increase in price can translate into an 8.7% increase in operating profits (with the assumption that there’s…
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Retailers Adopt Aggressive Private Label Pricing Strategies in CPG
Nine out of 10 leading retailers price their private label products lower than the average prices of their respective categories, reveals the latest DataWeave study, drafted in collaboration with SunTrust Robinson Humphrey The study reveals that an increasing number of retailers are viewing private label brands as a way to ensure sustained profitability. “As the…
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Inside India’s eCommerce Battle: Attractive Offers Usher In The Festive Season
It’s festival season in India again and shoppers took advantage of aggressive cutthroat competition between Indian online retailers to drive sales to unprecedented highs. All the major Indian eCommerce websites including, Amazon, Flipkart, Myntra, and Shopclues opted to go head to head by holding their first sale event this season over 4 to 5 days…
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Evaluating the Influence of Learning Models
Natt Fry, a renowned thought leader in the world of retail and analytics, published recently an article expounding the value and potential of learning models influencing business decision-making across industries over the next few years. He quotes a Wall Street Journal article (paywall) published by Steven A. Cohen and Matthew W. Granade who claim that,…
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Clearance Sale Analysis: Retailing Woes Stagger H&M and Toys “R” Us
Confidence amongst retailing analysts was rocked last month by two successive announcements. H&M’s most recent quarterly report, which revealed it had accumulated over $4.3 billion in unsold inventory, shocked retail analysts. In an era of on-the-fly inventory replenishment where stocks are closely matched to sales, a spike in unsold inventory is a strong indicator of trouble…
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Study of Brand Inconsistency in Furniture eCommerce
From initially lagging well behind early high-penetration categories such as consumer electronics, books, and apparel, furniture is now emerging as a key growth category. Online furniture purchases are growing at a rapid clip, estimated to currently be around 14 percent rate annually and is anticipated to reach 7.6 percent of total category sales in 2018.…
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What Retailers Can Learn from the Lowe’s Board Announcement
Last Friday, Reuters published, “Home Improvement chain Lowe’s said it has nominated two independent board members and plans to add a third following “constructive” talks with hedge fund D.E. Shaw Group, which has taken an activist stake.” It was reported that D.E. Shaw Group had utilized available external data to identify quantifiable opportunities to grow…
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Boxing Day Sale: How UK’s Top Retailers and Brands Fared
Following a successful Black Friday in November, the United Kingdom geared up for the 2017 Christmas season in December. Analysts estimate the total splurge in December at about £45 billion, beating last December’s record of £43 billion. Online sales hit £1.03billion, passing the £1billion threshold for the first time and up 7.9 percent on 2016’s…
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Tracing Lazada’s Pricing Across the Month-Long Online Revolution Sale
Commencing on the 11th of November and ending just a few days ago on the 12th of December, Southeast Asia’s biggest sale event, the Lazada Online Revolution sale rewrote the record books. This mega-shopping event is held simultaneously across six Southeast Asian countries, spanning Singapore, Malaysia, Thailand, Indonesia, the Philippines and Vietnam and was bookended…
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Consumer Packaged Goods Join The Black Friday Blitz
While the Thanksgiving weekend sale, which includes Black Friday and Cyber Monday, is famous for attractive offers across all consumer categories, it remains better known for its discounts on Electronics and Fashion. Consumer goods, traditionally, have evaded much the hype. This year, notwithstanding notoriously slim margins, consumer goods and grocery retailers and brands joined Electronics…
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Thanksgiving, Black Friday and Cyber Monday Parade Discounts in Fashion
Fashion has always been one of the great engines of retail, and two of its iconic sale events are Thanksgiving and Black Friday. While Black Friday was traditionally an in-store shopping event, a large number of shoppers have migrated online taking much of the sales action with them. Despite shoppers typically liking to be able…
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[INFOGRAPHIC] Thanksgiving vs Black Friday vs Cyber Monday: The Electronics Price War Heats Up
Alibaba may have raked in some $25 billion on Singles’ Day in the largest one-day sales turnover ever. In the Western world, however, Black Friday remains an economic force. This Black Friday, American shoppers spent a record $5 billion online in just 24 hours, representing a 16.9 percent increase in dollars spent online compared with…
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Alibaba’s Singles Day Sale: Decoding the World’s Biggest Shopping Festival
$17.5 million every 60 seconds. That’s the volume of sales Alibaba generated on 11.11, or Singles Day. This mammoth event, decisively the world’s biggest shopping day, dwarfed last years’ Black Friday and Cyber Monday combined. This year, the anticipation around Singles Day was all-pervasive, and the sale was widely expected to break all records, as…
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Under the Microscope: Lazada’s 11.11 Online Revolution Sale
Lazada’s signature event, Online Revolution, is a month-long sale extravaganza that commenced with a Mega Sale on 11 November, and culminates in an End-Of-Year sale on 12 December. The shopping event is held across six southeast Asian countries — Singapore, Malaysia, Thailand, Indonesia, the Philippines and Vietnam — making it the region’s biggest retail event.…
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Black Friday Sales Season: How US Retailers Are Gearing Up
In today’s rapidly evolving online and mobile worlds, few things encapsulate the competitive nature of the online retail battlefield like the Black Friday sales season. With this year’s Black Friday and Cyber Monday sale events just around the corner, 2017 promises another titanic tussle between contenders. The holiday shopping season commences on Black Friday, November…
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Our Analysis of Diwali Season Sales
As the battle of the Indian eCommerce heavyweights continues to accelerate, we have witnessed three separate sale events compressed into the last four weeks of this festive season. Flipkart has come out with all guns blazing following its multi-billion-dollar funding round, leaving Amazon with little choice but to follow suit with its own aggressive promotions.…
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Top 5 Drivers of Successful eCommerce | DataWeave
Retail has undergone a dramatic transformation over the last decade. Once dominant retailers are today being given a run for their money amid a gradual decline in mall traffic and sharply growing consumer preference for shopping online. Surfing this online retail wave is Internet behemoth Amazon, which is raking in 43% of all new eCommerce dollars, leaving…
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Festive Season Sale: Who’s Winning the Great Indian eCommerce Battle?
In the lead up to October’s Diwali celebrations, almost all major Indian e-retailers had announced mammoth sale events for last week. Resuming the epic battle of India’s online shopping carts during festival seasons, Flipkart, together with Jabong and Myntra, kicked off their five-day-long “Big Billion Days” sales on September 20, while Amazon India‘s “Great Indian…
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Analysis of Target’s Discount Strategy
Earlier this year, we witnessed Amazon and Walmart going head to head in a CPG goods price war of fluctuating intensity that soon rippled out to embrace the entire grocery industry. This further intensified with Amazon’s takeover of Whole Foods and the Whole Foods’ subsequent announcement hinting at significant discounts toward the end of August.…
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Amazon’s Whole Foods Pricing Strategy Analysis | DataWeave
Amazon.com, America’s retail behemoth, dominated headlines in August when it completed its acquisition of Whole Foods in early August 2017. Having officially taken control of the up-market grocer, which focuses on premium quality produce, market observers and consumers alike are eagerly awaiting Amazon’s pricing strategy analysis. At the heart of Amazon.com’s seemingly unstoppable growth trajectory…
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The Role of Competitive Intelligence in Modern Retail
When retailers today look to compete in the cutthroat world of online commerce, they face several challenges unique to the nature of modern retail. It is now significantly harder for retailers to benchmark their pricing, assortment, and promotions against their competition, as the online world is highly dynamic and significantly more complex than before. Trends…
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How to Survive the Loss of Brick & Mortar Retail Stores
For years, the consumer electronics chain Radioshack has endeavored to stay alive in our ever-changing world. Despite their efforts, they have filed for bankruptcy for the second time, in as many years. As of now, the company is closing 200 of their 1,500 stores, slightly more than 13% of their locations This one-time retail “giant”…
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Dissonance in Online MRP Prices Across Retailers | DataWeave
We all know, online shopping offers a lot of benefits to shoppers. Apart from the convenience it offers access to a wide-assortment base and, of course, discounts are an added benefit. Often we see, retailers claiming large discounts on products. Many-a-time, the percentage discount that is mentioned drives price perception. Customers when comparing prices across…
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Introducing the new PriceWeave
PriceWeave provides Competive Intelligence for eRetailers, brands, and manufacturers. Competitive Intelligence helps businesses understand their competition better, take timely decisions, and increase sales. Our retail pricing intelligence tool serves the following major purposes: Compare: PriceWeave lets you access products from across any number of sources and organize them for a straightforward apples-to-apples comparison. Monitor: Our intuitive…
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How Colors Influence Consumer Buying Patterns | DataWeave
Research shows that the colour of the clothes we wear significantly affect our day to day lives. For instance wearing black might help us appear powerful and authoritative at the workplace, while a red dress can make us look more attractive to a date. A yellow top might brighten up one’s day and a blue one…