Northern Tool + Equipment’s Post

CONVENIENCE STORE RETAILERS! Price optimization is crucial for convenience stores’ success, strategically setting prices to maximize profits and customer loyalty in a dynamic market. CLEARDEMAND provides a competitive edge, attracting and retaining customers while streamlining operations. It enables quick adaptation to market trends, efficient inventory management, and data-driven decision-making. The result – fair and competitive pricing that fosters customer satisfaction, positive experiences, and return visits. Learn more here: https://lnkd.in/gzmwQMwy #pricing #promotions #markdown

Are your retail shelves missing an opportunity? 📉 Unlabeled shelves can add mental load to customers, leading to missed sales. Simple changes, like adding clear price tags, can boost sales, increase customer confidence, and reduce staff workload. Want to know why pricing visibility matters? Check out Chris's latest article. 👇 https://lnkd.in/gVugYvua #CafeOwners #RetailSales #CustomerExperience #CafeTips #PabloAndRustys #PricingStrategy

Check out this article I wrote for CSNews focused on how C Stores should think about price and promotions, especially in an inflationary world. In my opinion this is one of the key areas retailers should focus to optimize their use of trade programs and best influencing non-loyalty customers. #cstores #promotions #MachineLearning. if you want to continue the discussion on how RELEX Solutions can help please reach out!

Improving store performance doesn’t just demand improved sales and customer service, retailers should also focus on their expenses. The 4 biggest expense costs in retail are store labour, costs of space, distribution costs and marketing. Read more below.

A new survey of retailers showed: 67.4% note an increased focus on training and customer experience; 47.2% are offering new or updated customer loyalty/incentive programs; and 39.3% have augmented their convenience-focused initiatives. See further expectations and drivers from Chain Store Age → https://lnkd.in/g3x4rSMg #NewMarkMerrill #Retail #Business

Struggling to balance customer satisfaction with profit margins? Keeping costs low can feel like a constant battle. SaveMore can help you win the war on overpriced inventory! Here's how: 💵 Slash Costs: We negotiate exclusive discounts on a massive selection of products, so you pay less upfront. 💲 Maximize Savings: Earn cash back rebates on over 175,000 items, squeezing even more value out of your purchases. 📈 Smarter Decisions: Our unmatched data and insights empower you to make informed buying choices, eliminating unnecessary spending. Stop sacrificing profits for happy customers. SaveMore helps you do both! Learn more about our cost-saving programs and smart purchasing strategies to boost your bottom line 👉 https://lnkd.in/gHDDjXH7

Why count staff separately? ▶ Understand how staff presence influences customer behaviour ▶ Ensure staff levels match #footfall density ▶ Compare customer dwell time with staff levels ▶ Test store layouts versus staff levels & conversion ▶ Improve the customer experience and increase sales Contact Retail Sensing to learn how: sales@retailsensing.com, +44 (0)161 839 6437 or https://lnkd.in/eXmFrkvK

Gain a deeper understanding of pre-informed shoppers' behaviors and preferences through effective planogram implementation, maximizing sales and customer satisfaction. #planogram #retail #sales #preinformedshoppers https://lnkd.in/gqweRbGA

Gain a deeper understanding of pre-informed shoppers' behaviors and preferences through effective planogram implementation, maximizing sales and customer satisfaction. #planogram #retail #sales #preinformedshoppers https://lnkd.in/gqweRbGA