Retail Experts ConneXion - May 23
In this edition of?Hypertrade monthly?LinkedIn newsletter?#retailers?we're featuring our May recap :
Retail Experts Tips
Thought Leadership
Growth Measurement
Traditionally, Retailers measure their Sales or Volume growth performance by comparing the same period, Maximize your retail growth potential with these key performance metrics! ?|?Read more
Customer Lifetime Value
Understanding Customer Lifetime Value (CLV) is critical for retailers who want to maximize long-term revenue and profitability. Identifying the most valuable customers and developing strategies to increase their lifetime value, retailers can gain a competitive advantage in the marketplace. | Read more
Merchandise Hierarchy
Unlock the power of the Merchandise Hierarchy to analyze category performance, identify top-selling products and underperforming categories, optimize assortment planning and inventory management, tailor marketing strategies to specific customer segments, and maximize profitability through targeted pricing and promotions. | Read more
领英推荐
Range Review Process
Quick Cue Cards remind us of the importance of Range Review Process, an essential process for retailers to ensure that they are offering the right products at the right price for their customers. Optimize your product range, improve profitability and increase customer satisfaction. | Read more
Brand Effectiveness
Brand effectiveness compares the Brands Share of Assortment (the total number of items representing how many percent of the total assortment) with the Brand’s sales Contribution. | Read more
How to Analyse Promotion Results
Promotion plays a vital role in the Retail business due to the high competition among the brands and Retail Stores. While the dramatic cost increases influence the business to spend more time on the promotion evaluation. In this article, we would like to introduce the method of promotion evaluation to be your choice | Read more
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