On a large scale, a small price change in either direction makes a significant impact on your retail business’ bottom line—showing the power of price optimization.
By using First Insight to optimize their initial pricing and markdown cadence, our customers are making better pricing decisions – faster – to get to market quickly with the right products at the right price.
Learn how to leverage customer data analytics to navigate assortment and pricing challenges in during the pandemic.
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Now we can make fact-based decisions and do it more efficiently. We are never going back to the old way of conducting line reviews.
First Insight’s analysis of consumers’ merchandising preferences, print favorites, and style trends provides our teams with pre-season insight into new product performance, giving them more confidence in the buying decisions and allowing us to tailor our assortment to match our consumers’ needs
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