The DynamicAction Retail Year-in-Review Index for North America is an annually released analysis of over $5.7B in global online consumer transactions to uncover year-over-year trends in promotions, markdowns, returns, free shipping, marketing costs, customer acquisition and retention, inventory and profitability that happened that year across the retail industry.
The Merchandising Blog: From Our Experts
Use alerts to be notified of the campaigns that are depleting profitability and redirect funds to the campaigns positively contributing to the bottom line.
Download the Retail Index for the full analysis of $5.4B in consumer transactions that uncovers 2018 YTD retail performance trends around inventory, customers, marketing and promotions and shares top recommendations for navigating improved holiday performance.
Is every customer valuable? Truth is, there are some who cost you profit. After analyzing $15B every year in retail consumer transactions, we’ve learned how to effectively manage these costly customers. Use your data to retain the right kind of customer that will help your business.
Use these site merchandising strategies to drive more engaging customer experiences, better conversion rates and increased overall profitability.
Retailers must understand the profit impact of every action on inventory, returns, marketing, customers, pricing and warehousing. Here are 24 questions to ask to guide you towards best practices and updated strategies for 2018.
Our very own Sarah Engel, Chief Marketing Officer for DynamicAction, has been selected by Women's Wear Daily as one of twenty 2017 Women Leaders in Business. Sarah has been honored by a panel of WWD judges who determined the women who made the largest impact on the retail business in 2017.
Commonly used KPIs for retail are important but may not drive overall profit. Ensure your teams are aligned to profit growth with these 7 new retail KPIs.
Understand the inputs for the performance & profit picture associated with each product, and see marginal gains that can add up to massive profit increases.
To use retail metrics like Amazon does, forget averages. Outliers are where you can boost retail profit, either by correcting problems or replicating successes.