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Retail Pricing: How to set the price Right?

Especially in retail, in the fierce competition, price is quite sensitive.

Pricing is one of the most important decisions that a retailer can make. A pricing strategy dictates how much money a business will take in, and if it’s done incorrectly, it can lead to lost revenue and unhappy customers. So how do you set retail pricing so that it’s fair for both your business and customers? In this blog post, we will discuss the various aspects of retail pricing and the different strategies you can use to determine the best price for your products. We will also look at some of the key factors to consider when creating a pricing strategy and highlight common mistakes to avoid.

Mobile Business Intelligence: Allocation of Mobile Workers for Competitive Information Gathering

Competitive advantage is declining in the market, and companies are faced with increasing pressure to make better decisions faster. In order to have a competitive advantage, BI needs to stay current. A company can gain an advantage if they use mobile business intelligence (BI) systems that allow for rapid updates to the information used. This will help them make better decisions faster. The past decade has seen mobile devices become even more omnipresent, with people now able to access information and communicate wherever they are. The speed and ease of this access is a factor driving the spread of internet-enabled mobile devices that in turn has lead to the creation of a new generation of decision support systems designed for fast paced business environments.

Is customer experience a value added proposition?

No customers, no business

What is the Best Digital Marketing Strategy for Startups

Digital marketing is a digital form of marketing which can be conducted using the internet, social media platforms and mobile devices. Digital marketing encompasses a wide range of marketing methods and techniques but broadly speaking falls into two categories content marketing and social media marketing.

Project Management: Agile Project Management and PRINCE Methodology

PRINCE is a highly structured project management methodology that has been used successfully for managing complex projects.

Digital Procurement Strategy

Procurement is an essential part of any business, but with the advancement of technology, it has undergone a significant transformation. Digital procurement has emerged as a game-changer in the world of procurement, and it's not just about buying products online. It encompasses all aspects of the procurement process that use digital technologies to optimize efficiency and effectiveness. In this article, we'll explore what digital procurement is, its benefits for businesses, how to create a digital procurement strategy that works for you, and some challenges you might face along the way.

Assessing the ROI of Most Commonly Used Digital Marketing Strategies

Comment on Prediction, Judgment, and Complexity: A Theory of Decision Making and Artificial Intelligence

There is widespread discussion regarding the impact of machines on employment. In some sense, the discussion mirrors a longstanding literature on the impact of the accumulation of capital equipment on employment; specifi cally, whether capital and labor are substitutes or complements. But the recent discussion is motivated by the integration of software with hardware and whether machines might also be involved in mental activities such as problem solving (similarly to how computers and software have played a role in such activities).

Supply Chain Issues and Business Intelligence Technologies

Risk management is one of the most important functions in any logistics company. It is a complicated task, which requires reliable and accurate data to make informed decisions about business operations and avoid potential pitfalls. To this end, businesses today are looking for the most effective Business Intelligence tools in the field of supply chain management. Furthermore, because taking risks is part of every successful business strategy, it is equally important to keep track of the efforts that can lead to failure as well as rewarded ones.