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Could digital price tags be the future of transparent and efficient retail? 🛒 As digital price tags become increasingly popular in grocery stores across the U.S., they’re revolutionizing how retailers manage pricing and enhance the shopping experience. A recent LA Times article highlights the benefits of these tags, such as reducing labor costs and enabling real-time price updates. However, the key to success lies in how retailers implement this technology. Key Takeaways: • Efficiency and Flexibility: Digital price tags allow for quick and accurate price adjustments, ensuring that your store remains competitive and responsive to market changes. • Building Trust: With the right approach, digital price tags can enhance transparency, providing customers with up-to-date information and reinforcing their trust in your brand. How are you planning to integrate digital price tags in your retail strategy? Discover how our solutions can help you enhance transparency, efficiency, and customer satisfaction. SmartCircle™ digital price tag solutions, offer retailers a seamless way to manage pricing with full control and flexibility, while also promoting energy efficiency through smart screen management. For more insights, subscribe to our newsletter and explore how SmartCircle™ can revolutionize your retail operations. Visit SensorMedia.com and book a demo today! #RetailManagement #DigitalPriceTags #TransparencyInRetail #RetailInnovation #CustomerTrust

⏰ Convenience stores have most of their customers' attention for 90 seconds!⏰ That's about how long it takes someone at the fuel pump. Merchandising systems, self-checkout, and other technological innovations within the store are only meaningful if franchises are able to get their customer inside. Art Sebastian formerly of Casey's General Stores Inc., spoke recently about the value of being digitally prepared to cater to the customer before they step out of their car. It starts with housing records of past interactions in a customer data platform (CDP) to deliver personalized promotions.   Beyond comprising the scaffolding for effective loyalty program satisfaction, insights from a full customer profile can foretell the offerings most likely to please them. Is the customer more prone to shop the morning daypart, or later at night? Being offered half-off for a breakfast sandwich with their coffee can sway redemption rates and boost frequency.   💰 If just three customers per day spent an additional $10 in the store on top of their fuel purchase across 50 stores, Sebastian figures net profit to total hundreds of thousands. Scale this up, and a brand with a chain of several hundred locations could pay for the costs of implementing its CDP capabilities with just one campaign. #customerdata #customerloyalty #convenienceretail

Following on from my post yesterday about the Kearney Consumer Institute's research into understanding customer choices, here is another trend that has been gaining traction - buy online, pick up anywhere. As the call for ultra-fast deliveries diminishes and porch piracy grows, #consumers have turned to buying online and picking up in-store as an alternate option. Learn more about how adapting to these changing preferences requires #retailers to consider a more comprehensive fulfillment approach that emphasizes factors beyond speed alone to meet customer needs: Authors: Anna Kraft, Mitchell Nikitin, Marc Palazzolo, and Stuti Garg

🛍️✨ Ready to disrupt your retail presence in 2024? Dive into our latest blog and discover how to meet evolving customer expectations and thrive in today's competitive market: https://bit.ly/49hmiEU From loyalty and personalisation to inventory management, point of sale, and self-checkout, learn how Converged Commerce™ empowers retailers to adapt to changing consumer demands and drive operational efficiency 💼💡 Ready to revolutionise your retail strategy?🚀 #RetailTech #ConvergedCommerce #Payments

Case Study: Learn how Nextuple helped a large North American retailer improve their accurate delivery dates. Faced with the challenge of providing accurate delivery dates for over four million products across nearly 100 stores and four distribution centers, the retailer's legacy order management system fell short of meeting modern shopper expectations. Recognizing the critical role of fast shipping in the online shopping experience, the retailer leveraged Nextuple's OMS Studio. Get the full story here: https://lnkd.in/eTDq6AbN and see how our advanced technology can help...

Read our case study to discover more about how camera-driven insights are revolutionising #retail. A partnership with UK retail business Nisa Retail and software developer SHELFIE has resulted in a powerful #businessintelligence solution that is transforming stock replenishment and delivering retail success. #digitaltransformation #analytics #retailinsight

🚀Only a few days left to sign up for the Slash Returns Before the Peak Season Rush Webinar🚀 👉 RSVP here https://lnkd.in/gfr6b68j 👈 for this free webinar, and be the first to get plans sorted for Q3 and Q4. Returns are hard. They're a byproduct of your brand's growth efforts that can impact your customer experience, loyalty, retention and your bottom line. And customers expect you to offer them, make them cheap or free, and make them easy and fast. But with a bit of planning returns can be transformed into sticky customer service experiences, convenient interactions, and revenue-retaining/generating events. This'll be a super useful opportunity to get ahead of Peak Season return planning, with perspective and advice from expert brand CX leaders and post-purchase operators! Learn from: Sandy Sloan and ARMRA Michael Ludwig and HexClad Cookware Tanner Chatterley and OrderProtection.com Larry T. and parcelLab And join the convo yourself with a live Q+A. Bring your 🔥burning questions🔥 about all things returns - we can’t wait to answer them! 📦 #ecommerce #retail #shopify #returns #reverselogistics #cpg #logistics #customerexperience #returnsfraud #supplychain #fashion #apparel

Retailers, brands, and 3PL providers are shining a light on the inefficiencies, high costs, and margin-crushing impact of returns. With $743B in merchandise returned last year and average return rates for ecommerce as high as 17.6%, it's a sizable problem to solve—and costly to ignore. Check out the latest report by Optoro to learn how you can transform the costs of returns into tangible financial gains, increased customer lifetime value, and enhanced brand loyalty. Access the report: https://lnkd.in/ePpdMx2F

Did you know that a whopping 55% of online retailers prioritized reducing delivery costs in 2023? 📉 But here's the burning question: How to cut costs without compromising on delivery timeline and experiences? Dive into our latest blog to uncover insights on how to strike the perfect balance between low delivery costs and exceptional delivery experiences. Read more now: https://hubs.li/Q02dtVWR0 #DeliveryCosts #CustomerExperience #RetailInsights

Attention all retail marketers! What should we expect out of 2024 and the rapidly changing world of retail? IMRG has some interesting thoughts.