The Importance of Optimizing Pricing and Promotion Updates for Retailers
Did you know, on average, half of retailers lose 5-10% in sales due to poor price execution (Coresight).
In the current global economic climate, retailers are facing a challenging growth environment.
Rising inflation is putting costs up across the business. From the supply chain to employee wages, margins are being squeezed from all angles.
Through periods of high inflation, the right pricing and promotion strategy will be crucial in keeping customers loyal.
Scandit has the solution to this problem. It is called ShelfView. With constant shelf visibility and real-time, actionable insights, ShelfView is a ready-to-scale smart data capture and retail shelf analytics solution. It empowers more intelligent and efficient store operations for inventory localization and execution of prices and promotions.
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