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Less is More in Holiday Pricing: The Case for a Simple, Stable Approach This Holiday Season
With pricing making headlines more frequently than ever, now is the perfect moment for retailers to take a step back and rethink their holiday strategy. The heightened focus on pricing—driven by economic uncertainties, inflationary pressures, and fluctuating supply chain dynamics—presents a unique opportunity for retailers to not only meet customer expectations but to exceed them…
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How Retailers and Brands Can Navigate Skyrocketing Olive Oil Prices in 2024
How can retailers and brands navigate rising olive oil prices to maintain profitability and consumer loyalty? Find out now.
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5 Must-Have Capabilities of Your Ideal Competitive Pricing Intelligence Solution
In the cutthroat world of retail, where razor-thin margins and fierce competition reign supreme, pricing becomes your secret weapon to driving sales. The magic bullet unlocks sales, attracts customers, and ultimately fuels your bottom line. But with ever-changing market trends and competitor tactics shifting constantly, effective pricing strategies become even more crucial. A recent Bain…
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6 Common Pricing Intelligence Challenges Retailers Face (And How to Overcome Them)
When your product pricing is sub-optimal, you leave money on the table. This is especially significant for eCommerce retailers who must contend with their consumers ‘shopping around’ for the best price before making a purchase. All eCommerce retailers experience some amount of cart abandonment. In fact, the average cart abandonment rate is estimated at 70.19%,…
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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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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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The Indian E-Commerce Showdown: Unveiling the Price War Between Flipkart’s Big Billion Days and Amazon’s Great Indian Festival
Dive into the price war between Flipkart’s Big Billion Days and Amazon’s Great Indian Festival, dissecting discounts, brand strategies, and discoverability across key categories.
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Black Friday Cyber Monday 2023: Unveiling Health & Beauty Pricing and Discount Trends
Uncover the nuances of Back Friday and Cyber Monday discounts, discover standout brands, and stay ahead of the curve in your pursuit of the best deals in Health and Beauty.
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Black Friday Cyber Monday 2023 Insights: A Report on Pricing and Discounts in Apparel
Discover Black Friday, Cyber Monday 2023 pricing insights in Apparel! Check out our exclusive data-driven analysis on discounts, brand strategies, and discoverability.
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Black Friday Cyber Monday 2023: Insights on Pricing and Discounts in Consumer Electronics
View pricing and discounting insights for consumer electronics products on Black Friday & Cyber Monday. Dive into discounts, brand strategies, and consumer behavior shifts.
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Which Amazon Sale Offered Better Deals: Prime Day in July or Big Deal Days in October?
Uncover surprising insights on Amazon’s Prime Day events. View our in-depth analysis of October’s Prime Big Deal Days and July’s Prime Day event across key categories and brands.
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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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DataWeave Launches PricingPulse: Empowering Retail Leaders With Comprehensive and Strategic Pricing Insights
DataWeave’s PricingPulse is the first and only pricing view in the industry to bridge the gap between tactical pricing decisions and comprehensive strategic analysis.
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Fashion eCommerce 2023: Leveraging Pricing Intelligence to Stay Competitive Despite Reduced Demand
Learn the pricing strategies of leading fashion retailers in the US on the backdrop of inflation, reduced demand, and overstocking and how they can leverage pricing intelligence to stay competitive.
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The Rapid Rise of Alcohol eCommerce in the UK
Do customers prefer buying alcohol online or via Q-Commerce apps? Did Tesco give a higher discount on Booze in 2022 or Weezy? And what were Price Index trends for the alcohol category? Learn all this & more in our latest blog on the Rapid Rise of Alcohol eCommerce in the UK!
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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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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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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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6 Promotional Strategies for the Holiday Season
Looking for an effective list of Promotional Strategies for this upcoming season? Find the best 6 strategies to increase sales during holiday season. Check Now!
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How Brands Boost Sales & Satisfaction on Walmart.com
The explosive growth of online shopping has forced brands to re-examine their e-commerce processes to stay competitive and profitable. In particular, out-of-stocks are a common, costly retail challenge, as product shortages frustrate online shoppers – and even prompt them to leave brands. According to McKinsey & Company, forty-eight percent of consumers switched to a different…
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How Brands Can Outperform Rivals With Next-Gen Digital Shelf Analytics
As eCommerce grows in complexity, brands need new ways to grow sales and market share. Right now, brands face urgent market pressures like out-of-stocks, an influx of new competition and rising inflation, all of which erode profitability. As online marketplaces mature, more brands need to make daily changes to their digital marketing strategies in response…
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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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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…